Topic: What to do in this bearish market? - page 7. (Read 724 times)

i just told you exactly what to do to make money in a down market and my reply got bowled over by a bunch of noobs desperate for merit.

The main thing is to play on your and not on others and never to panic. HODL until it becomes profitable for you.

I think many people lack patience. That is why the situation that we are witnessing is being created. The only way out for me personally from this situation is investing for a long time. I think if you buy coins now, then after 2 years their price will be multiplied several times.

The situation we are facing right now in the crypto market is a very big litmus test for crypto players. This is the period in which we know those crypto players who are persistent with the internet crypto space. If you are a strong believer you would pull out funds from the banks and buy more coins from the market for keep, waiting for the boom days to come so that you to sell them. I know it's not an easy task to carry out in the present situation where money is hard to find.

I think it's necessary not to panic, and use this opportunity, because even if you invested in a coin that falls every day, you can trade for a slide and earn 

Without a doubt we are in a strong bear market for altcoins, especially tokens. I even see coins with airdrops where no one is even bothering to dump. That is such a huge change from just a few months ago. All the 2017 ICOs are hurting pretty bad. I think they will have a very hard time making their investors happen until the market turns around. Even news about exchange listing that used to pop coins 30% or more are having almost no effect, with prices returning downward within a day or two.

First of all do not panic sell, you will make market worse and even you will get more loss. If you think you can find a good entry point, you can sell and buyback at dip. But for the market now, I don't see any crystal clear dip, the bearish may continue till the end of April, for now better to bold any position we have.

The best thing to do now that the market is like this is to buy and hold, if you panic sell, you may sell at loss but if you hold, that may earn you a huge profit in the nearest month.

 buy more cheap coin and hold them in bear market , waiting the market recover then you can sell you coin at high price ,earn you profit ,

Do what the insiders would do on Wall Street: short sell.

I try to avoid recommending Poloniex usually but their leveraging and short selling features are admittedly pretty nifty.

You can't really avoid fuds unless you completely separate yourself from anything crypto. It's everywhere in social media and the news. You probably have to learn how to live with all these and keep yourself composed. That's basically the best thing to do. Take your hands off first from crypto until the market recovers

We don't have to do anything, we just have to do it.
Long-term holding is the best way to make money.

Good write-up. We have pretty little in this Bearish situation. Avoid FUD, Don’t panic, hold your coins, buy some coin as the price is low and keep patience – these are the basic things to do right now. Thanks for sharing your thought.

Well it's because of the coins that has low quality and value that there is no chance of gaining high value at all even if they hold it for some years. Traders with non potential coins will dump it for sure to get their money another factor is because of some bounty hunters that don't has patience and not holding their earned coins they just dumped it because they never used a single penny to get it that's one of the main reason why some coins becomes low quality.

We thought that the slight recovery of the market in the past few days is the start of another bull run for most of the coins but here we are again with another unseemingly dip in which we will see again a lot of FUDs that will only make things worse. Feels like we are given another chance to do something in this bearish market and take advantage of it. So how can we take advantage of this current situation?

It all comes down to these kinds of situation in which our trading skills are put to the test, anyone can make an easy money in the bull market but bear markets are where our skills are developed and our ability to make future profits is carved.

In a bear market, all coins are at its cheapest so it is a good chance to take some money out in the bank and invest it in a good coin but just because a coin is cheap doesn't mean it has value. DYOR on projects that are undervalued and has a potential to go ten folds or higher in the future when the market rebounds. Amidst the low quality or value of coins, analyzing one that has dropped a huge percentage from their ATH is a key.

This happens when most traders are impatient and the community has lost interest in the project even if their platform is still under development. They just want quick returns. So try and think about what you're doing so far and maybe you will realize that you are one of them and start avoiding doing these things in your crypto career.