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Topic: What to do when there is a bear run in Bitcoin - page 2. (Read 198 times)

hero member
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It is good for new investors not to panic, do proper research, and also do the dollar cost average. Nevertheless, the only thing that will make new investors follow this strategy is only if the new investors have adequate basic knowledge about Bitcoin and the historical data price of Bitcoin in the year of BTC blockchain halving because the market always dumps after some pump in price before the major bullish start.
hero member
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To summarize everything the only way to avoid experiencing panic during the bearish period is to invest an amount that is losable to you.

 
Have a clear investment plan: Before investing, it is important to have an obvious investment plan that aligns with your financial goals and risk tolerance. Stick to your plan to avoid making sudden changes in response to short-term market changes.

This is where the problem lies because many people actually don’t plan well and that is why you see people losing in bitcoin. Although bitcoin is regarded as one of those stores of values but that doesn’t mean one should invest everything into it. Diversification of funds into other assets (investing in Altcoins are not diversification of portfolio) saves one from panic selling during the bearish period. Also have fiat at hand so that when the bearish period prolongs there’s somewhere to turn to for financial emergencies
legendary
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If the bear market only just started, it's smart to sell, even at a loss, because you can then buy back cheaper. Problem is, you can never tell a beginning of a bear market from a simple correction that happen during bull market. And these correction can be massive. During the last cycle we saw the price crashing by 50%, which is normally a clear sign of a bearish trend, but that time the price recovered and established a new ATH.

full member
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The solution is quite simple hold your bitcoins and buy more if its hit the low. There is nothing to be scared of, you just need to get hold on your bitcoins and don't check the price too often it will scare you if you are a newbie. If you have cash make the bull run work for you, buy more bitcoin at discount and hold them till the price got stable.

Always don't invest the money you need for your living, invest for long time and live stress free during bull run.
member
Activity: 1540
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A bear run in Bitcoin scares most new investors, some investors might panic and sell their Bitcoin, while others might hold onto theirs with the hopes that the price will rise again.
 


When there is a bear run, it affects all tokens. with bitcoin being the biggest hit. This is why as a newbie or an established bitcoin holder; you must find a strategy and focus greatly on it.

What is the best strategy? For me personally, i believe the best way t enjoy bitcoin investment in the bear market is to invest in satoshis; invest so much into satoshis such that your aim will be 1 BTC or 0.5 btc or 0.1 BTC. That way; your target and focus is simple and easy. When the bull run comes; your rewards is obvious too in a simple manner.


Think Bitcoin, Think Satoshi!
What do you think?
full member
Activity: 160
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A bear run in Bitcoin scares most new investors, some investors might panic and sell their Bitcoin, while others might hold onto theirs with the hopes that the price will rise again.

some general tips for handling a bear run in Bitcoin:

Do not panic: It's important not again panic and sell your Bitcoin immediately. Bear runs can be unpredictable, and the price may rise again.

Do proper research: Before making any decisions, please do your research to know why the price is falling. Look at demand trends, news, and other factors affecting the price fall.

Evaluate dollar-cost: before buying Bitcoin during a bear run consider dollar rate. This means investing a fixed amount of money at frequent intervals, regardless of the price. This can help you avoid buying at a high price and losing money.

Have a clear investment plan: Before investing, it is important to have an obvious investment plan that aligns with your financial goals and risk tolerance. Stick to your plan to avoid making sudden changes in response to short-term market changes.

Be knowledgeable: stay up to date with what's happening in the Bitcoin market for investment decision purposes.

Always remember, the crypto market can be volatile and unpredictable. Make sure to invest wisely and always do your research before making any decisions.

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