Topic: What's your strategy to carry on making money when Bitcoin turns bearish - page 5. (Read 765 times)
October 28, 2021, 11:30:01 PM
when there is a decline in bitcoin, many traders make short-term trades by taking advantage of the support area on a smaller time frame, so we can see the support area that will be used as a buying area. but we have to be observant to see it because the market is in a downtrend, so crashes can happen anytime
October 28, 2021, 10:46:20 PM
Hi, I'm just trying to plan ahead here and assuming that we are going to have a bear market at some point in the next couple of years, I would like to try to put my bull market profits to good use. I was wondering what is your strategy to continue making money when things turn bearish?
Whether it's shorting, leveraging, trading, earning interest, finding hidden gems, longing coins that perform well in a bear market, investing in gold or the stock market or anything else, I'm interested to hear what strategies you are planning to use and how you are planning to execute them in order to continue making money. If you made money during the last bear market I would be interested to hear how you did that as well.
Thanks.
The things you must do when Bitcoin turns bearish is to hold what's available on you. Bearish is the season you buy more affordable coins then hold because you'll possibly get more percentage of bitcoin compared when it is bullish. You can also sell some of your coins that the price increases when bitcoin is in bearish. Whether it's shorting, leveraging, trading, earning interest, finding hidden gems, longing coins that perform well in a bear market, investing in gold or the stock market or anything else, I'm interested to hear what strategies you are planning to use and how you are planning to execute them in order to continue making money. If you made money during the last bear market I would be interested to hear how you did that as well.
Thanks.
October 28, 2021, 06:59:24 PM
Bearish market is the season to buy affordable coins then hold. But im only pertaining to crypto that already existing for years and has potential. The one that is unlikely to be delisted on exchanges and become shitcoin, I prefer this kind of coin so there's no worries even bullish season takes longer to occur.
After buying a certain coin, the next step is to forget about the market and look for other opportunity outside of it. Its better not to rely alone in crypto, having other resources to earn money is necessary in order to have a financial freedom.
More precisely, altcoins that are in the top 20 of CMC will provide the potential for faster returns or faster price recovery compared to altcoins in the lower ranks. However, everything also depends on the fundamentals of the coin in order to make a good recovery, positive fundamentals are needed. The bear market caused all the altcoins to drop and there were only a few altcoins that survived because they had some good news. Technical and fundamental analysis is very necessary.After buying a certain coin, the next step is to forget about the market and look for other opportunity outside of it. Its better not to rely alone in crypto, having other resources to earn money is necessary in order to have a financial freedom.
All also depend on the strength of psychology and capital management. everything has to be in sync. bear market is the time to buy in deep prices.
October 28, 2021, 12:48:12 AM
I don't make money via trading Bitcoins.I make money via having a job and working.I'm sure that 80-90% of all the crypto traders don't make any money out of crypto trading.They have jobs.
Even if the Bitcoin market turns out to be bearish,there will be ups and downs so there's a chance for every trader to take advantage of the price volatility and make some profits by buying and selling at the right time.
The current BTC price dropped a little bit and newbies start asking about bear markets.This is hilarious.
Remember that a bearish market doesn't last for long,so there's no reason for panic.
Even if the Bitcoin market turns out to be bearish,there will be ups and downs so there's a chance for every trader to take advantage of the price volatility and make some profits by buying and selling at the right time.
The current BTC price dropped a little bit and newbies start asking about bear markets.This is hilarious.
Remember that a bearish market doesn't last for long,so there's no reason for panic.
October 28, 2021, 12:40:21 AM
Bearish market is the season to buy affordable coins then hold. But im only pertaining to crypto that already existing for years and has potential. The one that is unlikely to be delisted on exchanges and become shitcoin, I prefer this kind of coin so there's no worries even bullish season takes longer to occur.
After buying a certain coin, the next step is to forget about the market and look for other opportunity outside of it. Its better not to rely alone in crypto, having other resources to earn money is necessary in order to have a financial freedom.
After buying a certain coin, the next step is to forget about the market and look for other opportunity outside of it. Its better not to rely alone in crypto, having other resources to earn money is necessary in order to have a financial freedom.
October 27, 2021, 05:06:45 PM
When bitcoin turns bearish?
It's better to buy more, you'll get more percentage of bitcoin when it's bearish compared to when it's in bullish.
You can also sell your altcoins that have increased while bitcoin is bearish, Same can be done with bitcoin when certain altcoins is low in value.
There is no much to do when bitcoin turns bearish as it will also affect the whole crypto market and turns it bearish too.It's better to buy more, you'll get more percentage of bitcoin when it's bearish compared to when it's in bullish.
You can also sell your altcoins that have increased while bitcoin is bearish, Same can be done with bitcoin when certain altcoins is low in value.
I will say that this is a great buying moment for bitcoin and even altcoins that are making good developments in the market. Since most of the prices have drop down, then let's start filling our portfolio again with those coins that will create significant pumps in the future. And maybe if you are good at day trading, you can still be profitable too and make advantage of the bearish market. But for those who prefer to play safe and stay secured, just buy and hold those coins and watch them how they grow in the market.
October 27, 2021, 04:21:17 PM
When bitcoin turns bearish?
It's better to buy more, you'll get more percentage of bitcoin when it's bearish compared to when it's in bullish.
You can also sell your altcoins that have increased while bitcoin is bearish, Same can be done with bitcoin when certain altcoins is low in value.
It's better to buy more, you'll get more percentage of bitcoin when it's bearish compared to when it's in bullish.
You can also sell your altcoins that have increased while bitcoin is bearish, Same can be done with bitcoin when certain altcoins is low in value.
October 27, 2021, 03:14:50 PM
~
Thanks.
Realistically speaking, I just don't think of it as much of an issue. That Bitcoin will never be touched ever, excluding the BTC I earn though. The Bitcoin that I hold don't ever ever ever get touched.Thanks.
How I earned when Bitcoin turns bearish? I continue in my own day and do my usual job outside crypto, and that is pretty much the answer. It is like asking how would I save my crops and grow more crops while it is drought season.
And no, I don't day trade. Not working with my schedule.
October 27, 2021, 02:53:49 PM
My strategy is to continue to accumulate. DCA. You can never know for sure when the bear market is going to come, and Bitcoin is profitable enough that you don't have to go crystal ball gazing to see when you get it right.
If this cycle repeats past cycles, I may spend a little more Bitcoin at the peak, and if next year or the following years there is a deep dip, I may buy more than usual, but in general I will buy the same amount periodically. Rise rinse repeat.
Lets put up some links about on whats DCA(Dollar cost averaging)If this cycle repeats past cycles, I may spend a little more Bitcoin at the peak, and if next year or the following years there is a deep dip, I may buy more than usual, but in general I will buy the same amount periodically. Rise rinse repeat.
https://www.nasdaq.com/articles/profiting-big-from-bitcoin-dca-2021-08-15
This is indeed the best time on making this move on where you do slowly making out some accumulation
while the price turns out to be bearish.
Somehow this isnt something simple specially if we do talk about emotionally engaged kind of actions.
October 27, 2021, 02:16:56 PM
Hi, I'm just trying to plan ahead here and assuming that we are going to have a bear market at some point in the next couple of years, I would like to try to put my bull market profits to good use. I was wondering what is your strategy to continue making money when things turn bearish?
Whether it's shorting, leveraging, trading, earning interest, finding hidden gems, longing coins that perform well in a bear market, investing in gold or the stock market or anything else, I'm interested to hear what strategies you are planning to use and how you are planning to execute them in order to continue making money. If you made money during the last bear market I would be interested to hear how you did that as well.
Well, sometimes there is no better strategy than just having patience, when you think the time is right. Most of the time I have been able to make huge money from my cryptocurrency investment was due to I had patience when the market was bearish, and when I thought that the market was really down I decided to invest more in the market, because I see it as an opportunity to buy it at a lower price and then wait for the bull run to start.Whether it's shorting, leveraging, trading, earning interest, finding hidden gems, longing coins that perform well in a bear market, investing in gold or the stock market or anything else, I'm interested to hear what strategies you are planning to use and how you are planning to execute them in order to continue making money. If you made money during the last bear market I would be interested to hear how you did that as well.
So, it is up to you if you can have that kind of patience, if not then it’s going to be quite hard for you. Unless you are a day trader, then you have to figure out what’s best for yourself asa day trader and look for strategies that would work.
October 27, 2021, 12:01:50 PM
None. I won't try to squeeze my brain juice of options when I can just go on and do my day job and let my bitcoin sit for a while. Besides, time has proven that bitcoin performs well in the long run, so why would I need to stress myself of making money out of it when it can do just that without me interfering anyway? I would be pressured if day trading is my only source of income, but right now, I treat bitcoin as one of my investments for the future that does its job quite well.
October 27, 2021, 11:50:50 AM
Those are the only things I could think of right now. I wouldn't recommend day trading on a crashing market unless you have time and really good at it.
I really need to know who is good at day trading, whoever do so find himself in loss. HODL is best and tested strategy. The greed of becoming overnight millionaire will give you loss only.
bearish.. its called discount period.
the season of buy
the season of buy
Yup but majority run away from red market and buy only when its green. In other words, we don't become greedy to buy in bearish season.
October 27, 2021, 11:38:58 AM
Hi, I'm just trying to plan ahead here and assuming that we are going to have a bear market at some point in the next couple of years, I would like to try to put my bull market profits to good use. I was wondering what is your strategy to continue making money when things turn bearish?
Whether it's shorting, leveraging, trading, earning interest, finding hidden gems, longing coins that perform well in a bear market, investing in gold or the stock market or anything else, I'm interested to hear what strategies you are planning to use and how you are planning to execute them in order to continue making money. If you made money during the last bear market I would be interested to hear how you did that as well.
Thanks.
I think you should start learning real trading by transiting from being hodler to a trader thus irrespective of whether the market is bullish or bearish there are always trading opportunities as a trader but this comes with a lot of hardwork by learning of TA, charting analysis and learning candlestick patterns couple with the your desire to learn all these things for a long period of time, of course all the resources needed is available on the internet. Whether it's shorting, leveraging, trading, earning interest, finding hidden gems, longing coins that perform well in a bear market, investing in gold or the stock market or anything else, I'm interested to hear what strategies you are planning to use and how you are planning to execute them in order to continue making money. If you made money during the last bear market I would be interested to hear how you did that as well.
Thanks.
October 27, 2021, 09:10:26 AM
Buy in each dip then wait for it to pump again. Basically, what most hodlers do right now, buy low and then hodl. Though from what I'm understanding here, the question means more to having different venues of income other than Bitcoin. Trading isn't my main work so I have no problems there really, I'm just one of those hodlers that hope to profit off of Bitcoin being a great coin, an early investor so to speak. If we ever hit a huge bear cycle I'd probably sell mid-way? And then wait for the bottom dip before buying in again and hodling.
October 27, 2021, 05:02:27 AM
Actually, when the crypto market gets the bear trend, that will be a good time to buy so many potential coins. But sometimes, it is hard to determine which coins can increase quickly as almost all coins tempt us to buy the coins. I am not forcing myself to make money when the crypto market turns bearish but I will not stop trying to get the right coins. If I can not still get the right coin, I will keep searching for the coins and start buying low and selling high without waiting for a long time.
October 27, 2021, 01:25:05 AM
My strategy is to continue to accumulate. DCA. You can never know for sure when the bear market is going to come, and Bitcoin is profitable enough that you don't have to go crystal ball gazing to see when you get it right.
If this cycle repeats past cycles, I may spend a little more Bitcoin at the peak, and if next year or the following years there is a deep dip, I may buy more than usual, but in general I will buy the same amount periodically. Rise rinse repeat.
If this cycle repeats past cycles, I may spend a little more Bitcoin at the peak, and if next year or the following years there is a deep dip, I may buy more than usual, but in general I will buy the same amount periodically. Rise rinse repeat.
October 26, 2021, 10:11:04 PM
Hi, I'm just trying to plan ahead here and assuming that we are going to have a bear market at some point in the next couple of years, I would like to try to put my bull market profits to good use. I was wondering what is your strategy to continue making money when things turn bearish?
Whether it's shorting, leveraging, trading, earning interest, finding hidden gems, longing coins that perform well in a bear market, investing in gold or the stock market or anything else, I'm interested to hear what strategies you are planning to use and how you are planning to execute them in order to continue making money. If you made money during the last bear market I would be interested to hear how you did that as well.
Thanks.
Talking about latest bear market that was in May-June when bitcoin fell to 29 000$, I did yield farming and staking, so I got about 50% APY in reliable pairs on reliable platforms. But yield farming is good in case of high activity on the market. If it is low, people don't exchange coins and don't pay commissions, so this way of making money becomes unprofitable, so I also should think about how to make money during long bear-market. What I know for sure is that I will continue hold mainstream currencies. Whether it's shorting, leveraging, trading, earning interest, finding hidden gems, longing coins that perform well in a bear market, investing in gold or the stock market or anything else, I'm interested to hear what strategies you are planning to use and how you are planning to execute them in order to continue making money. If you made money during the last bear market I would be interested to hear how you did that as well.
Thanks.
October 26, 2021, 08:27:36 PM
By saying that you will put your bull market profits to good use, do you mean to say that you will be converting your Bitcoin to fiat?
It seems to me you have a plan not to continue HODLing and instead convert your Bitcoin. Perhaps you will do it as soon as Bitcoin breaches $100,000 or more, or perhaps you have a specific price target for selling. If you are indeed planning to do it, the best thing to do when the bear market finally arrives is to buy the dip. Not at once, of course, as there might be a series of dips. But I think it is wise to make a buy back during bear cycles of the market.
It seems to me you have a plan not to continue HODLing and instead convert your Bitcoin. Perhaps you will do it as soon as Bitcoin breaches $100,000 or more, or perhaps you have a specific price target for selling. If you are indeed planning to do it, the best thing to do when the bear market finally arrives is to buy the dip. Not at once, of course, as there might be a series of dips. But I think it is wise to make a buy back during bear cycles of the market.
October 26, 2021, 08:13:36 PM
To the real traders, whether BTC is bullish or bearish, they trade! They take advantage of every side of BTC and that's the level I think everyone of us should aim to get to...
October 26, 2021, 07:45:51 PM
When Bitcon turns bearish, the crypto market will turn bearish. The priority in bear market is protect our capital. If it is a real bear market, you must wait too long to join because if you join early and you are not smart and fast to enjoy dead cat bounces, you will see your capital vanishes with bear market.
If history won't change, a bear market will need two years to stabilize and get its bottom range. So if 2022 is a star of a new bear market, we can wait till 2023, perhaps late months of 2023 to enter the market. We might see the market warms up since late 2023 so we can take risk by joining since middle or late of 2023.
If history won't change, a bear market will need two years to stabilize and get its bottom range. So if 2022 is a star of a new bear market, we can wait till 2023, perhaps late months of 2023 to enter the market. We might see the market warms up since late 2023 so we can take risk by joining since middle or late of 2023.
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