Bitcoin Forum

There are so many people during bull runs that run out of cash because they like to buy all they could buy to ride the wave, which results with them losing a lot of money when the crash finally starts, it could go up a lot, and I mean A LOT, but eventually it will go down, so having a little bit of your profit cashed out could benefit you.

Same people sell a lot during bear run, whereas you should have cashed out at the bull run to take profit, and during the bear run when its low like this, you should go out shopping. Its low right now, and everything is looking delicious to me, I am running out of money from buying all these amazing coins and tokens, because I know they are at the bottom.

Have cash after you profit a good sum, but do not have any cash during bear run and buy it all.

I know how it feels to be like that because I've been with that situation before and I've learned from there. And as the market goes, that's why during the bull runs, the importance of having your profit or maybe some of it into a stable coin is a good option. Even you don't have that much, it's okay as long as you're prepared when the bottom of this bear market comes and you're able to buy the coin that you want to have during its sale.

Yes, I think it's very important as well when to cash out in crypto

1. Bull run should be the time to make profit and sell at least take some and enjoy your winnings
2. Bear run is when people should start to accumulate

It's a hard lesson for me when I started because as you have mentioned, there are people who sell at bear market and losing money. But now I have learned that it should be the other way around.

Having cash on your hands always is a good strategy, it can give you buying power and when you see opportunity you can easily get it because you have that extra funds with you from time to time. Also, cash can help you with your emergency needs, aside from having your own emergency funds it can help you a lot once you have other extra funds. Cash management is also important, we should not just buy during bear market, we still need to analyze as well.

Unfortunately, some crypto investments may not conform to our own expectations. When we bought the cryptos during the bullish era and suddenly the market crashed at that time and we have not taken a profit yet, there is no other thing besides holding them until the next bullish era or a certain time period.
And to deal with this situation probabilities, this is how money management works, to decide how much to spend and how much to save and take. We need also to understand how much we can afford to spend during the bullish era and what kind of investment strategy we have. For, this will also determine our money management.

Taking profits and cash out the profits itself will also depend on our strategy. I am sure that many traders will also cash out their profits, although it may not be the entire profits. I personally always cash out the profits at least half form it and make the least for saving o the exchange or for another capital for investment. But, this will also depend on the curtains situation, there may be some different strategy or changing strategy again depending on the codnition at the time.

Not all coins/tokens will go up again in the next bear market. Remember that.  I have some ugly experience from the previous bear market, trying to hold onto shitcoins that never saw the light of day in the 2021 bull run.

But yeah, the best time is buy is when the market looks unattractive, the best time to sell is when the market looks very good. Do not be so greedy.

So many things had happened to traders in this bear market and some persons might have lost a lot from buying at the top and selling at the dip. The market is doing whatever it likes so we don't need to bother yourself about it but to keep waiting so things can finally stay in place. We should not lose hope in the market now that everything is just getting well and some persons have seen that truly the market does not move in a single direction but always try and reset to take another direction or to continue.

Whether in a bear market or a bull market, we should leave at least 10-20% cash on hand, never all in any market. This is how I invest because we never know what will happen in the future and opportunities often come very unexpectedly so there is always cash to spare. Although in the bull market most coins will increase in price continuously, but when it comes to profits, we should also take some profits, not hold them all, taking profits is never wrong.
In the bull market, we should also limit our buying, especially the coins that have pumped strongly, we better ignore it. Don't be afraid to miss out because opportunities will always appear during the bull season.

Definitely, we need cash right now more than ever, we can't really rely on full crypto or at least just bitcoin in our wallet.

And in the scenario that the OP has said, yes that's one case, when suddenly the price goes down hard, lets say $10k-$12k, so that is a good buying opportunity, but if you don't have the cash right now then, obviously you can't take that advantage.

As for when to sell, yes it should be in bull run, or if you are lucky, you can time the market and make huge profit when you sell it in an all time high like in November 2021.

There are many people who invest their money and lose all their money when the market is good.Later, if the market is good, they think of holding it for longer and don't take home any cash.After that when the market goes to crash again they become very desperate and at one point when the market is completely dumping they have no money to buy coins from the dumping market.Such cases have often happened but I myself am a good witness and example of it.

It is because we usually do not think about the future but of just today. Mostly we did no preparation as we thought money is easy to get. People are sometimes blind to see the reality that once the bull season end, the bear market starts, it is usually out of our mind while enjoying the bull party and making a lot of money during that time. Most of us are financially illiterate and have no control over spending money which makes no wonder why we don't have a money reserve.

Taking profit is advisable and yes we should reinvest it if we want to earn more.
The market is very unpredictable, in this bear market having an extra money is ideal because you can get cheaper coins and the possible return is good especially when the market recovers. Cash is still good, have this always with your wallet and be prepared for everything. I do have my funds for this, it's not that big but I'm making sure to chase the cheaper market, I can't afford to miss that opportunity.

You are right when you say that people do it backwards, they sell during the bear market and buy during the bull which is never a good idea, but it is almost impossible to teach people to not do this as they are trading with their emotions and not with their minds, and when that happens it does not matter how persuasive your argument could be, they are not going to listen and they will simply panic when there is a crash and sell their coins for a massive loss.

Actually everyone still holding cash since almost countries doesn't accept Bitcoin as a legal tender, if you don't have cash, how you can buy food, pay electricity cost, household, and other daily expenses?

Holding a coin in bear market isn't bad at all, as long as the coin have a fundamental and it will recover after the bear market end, I don't regret to spend my money to buy that's coin even though the price is higher than now. The only problem is when you buy shitcoin and during the bear market, your coin are delisted on various exchange.

This is a common mistake of people, especially those people who are new in this space. Most of them are came from hype, social media, and content creators who lure them by greed.
Emotion is a big player also when it comes here because everything is happy in the bull market so money is flowing everywhere because they are happy, they don't think about the downside, they are thinking it will go up. For sure it will be always a lesson for them.

The question of "when" is the crucial part here.
When are you going to sell? I always have my own rule of selling whenever I see the right profit during a bull run. I tell myself to deny greediness as it may lead to fewer profits than what I could've gotten if I did it earlier.
So far, it's working right.
The bear run question is also when you should buy. Is it the bottom to maximize the cheap price or will it still go down after a week/month?
Analyzing the market is such a pain in the ass but it's worth it once you reap the rewards.

It might just not be a good idea also to keep buying right now while the market is very uncertain. Remember that big names had come out to open telling 100% recession is coming.

While those new users of crypto come to buy at the top because they ride the bullrun, they might also do the same mistake in buying today while the prices of the crypto can go further below. Just a warning. Hold your cash that is enough to survive if the recession will take longer.

Having cash is a position. A position which becomes useful in certain situations. Cash loses its buying power against the inflation but stocks/crypto lost their buying power against the dollar since their peak which makes the dollar a good hold since then. Lots of people bought btc when it was $40k+ and not many people want to buy now even though the price is much lower.

Yeah it's better to hold some cash as reserve fund with you to invest when you see some investing opportunities in the market at the time of dump but these principles are applicable to some good coins that can recover afterwards not for shitcoins which will never recover after the dump.But holding cash will improve your situation in the market and beneficial for you.

This is the bittee truth and we deny it or not newbie or even old timer was down right now and failed to profited their gains and instead still down up to now. The only difference is that some are selling at a loss which really not good. If we are down and caught by it. Then just hold, cause it will likely to go back. You cant simply outrun those smart guys or you should have been able to cash out some for the impending bear season.

This is the wrong strategy to spend all the money to buy cryptocurrencies not only in a bear market, but also in a bull run. If you continue to spend everything on purchases, you will eventually lose your money. In any case, you should have free funds in your wallet that will ensure your financial security.

The only issue here is that no one really knows when the bull run starts/ends. Same with bear runs. Hence why people tend to overestimate and pretty much lose most if not all their investments. Another issue would be the cutting the losses part, if they were to do so they should've done so by setting a stop loss early on, or if not, if it was an asset that performs well in a cycle like Bitcoin, then I honestly wouldn't sell at a loss, I'd just wait for the cycle to repeat itself again.

Always keep in mind to only invest what you can invest. Running out of money due to investment simply means you don't really have a financial plan at all, which is a mistake.

People gonna say you must use whole of your money to buy everything during the bearish market but they are all wrong about that. Cash is imporatnt thing. If you didn't have cash and then what will be used to fill your daily needs? You are investors and you need to eat everyday.
Buying asset is good as long as you have enough cash in your hand . that's the main point.

It will depend on how they can take profits during the bull run so that when the market conditions become bear market, they can buy lots of coins and keep them until the next bull run. But if you instead sell a lot during the bear run, it will not give you any profit and you can even get a loss. And I agree with @OP, who said we need to have money now to buy a lot of potential coins so we can hope we can take big profits in the next bull run.

We really can't predict or analyze when the market will go up or down, and all of us are getting the same situation where we are out of cash to buy an altcoin or BTC that is getting much cheaper. The other option now is to buy and sell the assets that we are holding and if we think that the market will get more dip then we need to sacrifice and stop the loss.

Trading is really risky if you don't have a proper strategy and much better to always have a stop-profit or loss that can be triggered when the market gets up or down.

Especially today when the time is uncertain to end this current inflation and the war still exists that cost all of disrupts in the world economy. You really need some cash and to be fair, you also need some crypto that is tradable because those two are in demand when the time of crisis, and no it's really best to have more choices than to stick to one thing like what we saw with the banks that are closed when there is a disaster and you can use crypto easily when that happens.

Because they never thought that drops will come shortly after they bought Bitcoin. Usually, we assume that bull season will stay longer. Though we are aware of the possible dumps, it was not in our mind as we enjoy buying neglecting the risk that one day or even by tomorrow bear market will begin.
Sometimes, we thought that holding during the bull season will give us more profit but instead, this is also a reason for our losses and missing the opportunity to sell them high. I was a victim with this mindset last 2017, that is why I'd never do this last year - I sell them before the change of its course.

These things happens especially to new investors who are coming into the space after seeing the rally who have no idea about the market but thinking they can ride the market and make a good buck, they do not do their research but start investing in whatever they can thinking it will benefit them but end up burning everything in the end and starts regretting for burning all the hard earned money, only if they make the decision to study the market before investing it would be the difference.

This is the cheap times to buy true of it but buying a coin just listed is still risky because it is either it will rise or will be pull down. To buy coins in existing market with caps and volume is better investment. Like in buying of bitcoin, we are aware that it has to go above ATH and investment there is worth the wait.

This is the usual problem in this market, many newcomers thought that they are going into gold digging project.
However, once they got in, they usually don't know what to do and how to earn profits.
This is why, most are tempted to buy pump and dump coins, hyped up tokens or other seemingly popular projects but with superficial promise of high returns.
People need to learn their lessons before they realized what they are getting into, as it is hard to advise newbies in this market.

Saying that is much simpler than really carrying it out. Some of us are learning things the hard way, and yet many of us still can't put it into practice when we're in a sticky position. Emotional stability and greediness are two of the most important characteristics. It's almost impossible to pinpoint the limits of the top and the bottom. To keep oneself in check, we must first accept the earnings and then practice gratitude. I also think we need to have some cash on hand and not risk everything. It also involves the management of investments.

The point of this thread is simple and general, namely buy when it goes down and sell when it goes up so don't let everything reverse. Due to the current phenomenon, novice traders and investors rarely do research beforehand. They go into certain coins after the hype rises to the surface. Then the pope threw it away and the beginners who thought it would be profitable turned into big losses. DCA in this case needs to be emphasized, always consistent in dropping money in crypto.

And that's the reason why we don't need to take the risk by buying coins or tokens that have just been launched into the market because there will be pump and dump moments happening in the market. If we keep following the moment in hopes of taking advantage, we must be very careful and not try to push ourselves because it will be dangerous for our funds. We should keep buying coins that have the potential to increase like bitcoin, because we have seen the power of bitcoin when it gets a rally.

Smart people will always try to give some percents from their portfolios as a reserved funds. You didn't know what's gonna happen tomorrow and so anything will have need to be prepared. that's how market works right now. I meant look at the fact that if market is still unpredictable for now. The fact that if market may go bearish can't be avoided by us.

if people are not greedy and can control their emotions by taking advantage of every bullish or bearish moment of course they can get rich, when a bull market they should play short term with a fast tempo making quick profits and when entering a bear market they should be able to take advantage of waiting time buy again cheap, unfortunately people never take advantage of it and my advice is to make sure to use cold money for crypto investments

Well in general i definitely agree with your statement here. I also think that a bear market like the one we are having now is usually a great opportunity to buy into big and established project because now they have lost at least 50% or even more compared to their all time high from last year or so. The big problem is that we just don't know what will happen in the future. If the prices start to climb now and we are having a price of 5k$ per ETH in a year or so everyone will say "why did i not buy ETH for 1300$" but it could also happen that we are having still 2 or more years of bear market ahead of us and that ETH could also go down below the 1000$ mark.

You can sell some coins for cash when you start noticing the crash or already have been caught in the first crash. The good thing about the market, is the crash happens in stages and not at ones so if you noticed you'll be out of cash then just take some profit and hold cash as cash is very important in bear market. It'll prevent you from selling your other important coins or give you an opportunity to buy more coins at discount price.
Also as you DCA into coins so shall you do the same out of coins you have invested in. Don't be greedy, when you're in profit, take some profit and not mind if the price of the coun rise more. Many people invest blindly and this affect them in the future.

I can understand the "when is low? when is high?" mindset, because there are a lot of people who are willing to buy when it is low, but not sure if we are at the bottom already or will it go down even more? Like for example if you check the 40k price saw a lot of people buying during that time, they were wrong and it dropped more, and people are afraid if they buy around 20k and it drops to 10k they would be losing money too.

That's understandable. Or when it goes up, if you bought at 10k and sold at 35k that was a good increase, but it went to 60k+ how could you know that? Which is the difference and the problem, and I can definitely understand that.

I have to say it's not really that much of a big deal if you are holding cash when it is going up, it matters when you have the cash. If you have the cash after you profited a ton, then it doesn't matter, but if you have cash even before you try to make money then it's going to hurt you. That's why it shouldn't really be a big deal based on when you sell. Always try to have some cash when you are at the top, and always buy bitcoin at bear market.

Right now, I am buying as much as I can afford to, and that's a lot better, because right now is discount prices and I could buy a lot more right now this period so that I could profit later, so I agree with what OP is saying, I have been doing exactly that for a long time now.

Being in a FOMO is part of an experience in crypto-trading. Sometimes it works, and sometimes it does not. Weak hands are just usual and common to see since that's how unpredictable crypto is. That's the challenge here.

Everyone is a genius during the bull run while during a bearish market, those geniuses are nowhere to be found.

Let's just build experience and try to go with the flow of the current market trend. People will be soon used to riding any trend that they will encounter.

The crypto has become the worst holding during the bearish market and cash is a very good holding during the bearish market. I guess if you do know this. It's caused by having cash make you can buy at the bottom with low price.
These days people are only realizing to buy at the bottom which has needed cash as the main requirement to do that.

This is wrong prediction. Whether the market is bullish or bearish it is good to hold in terms of cryptocurrency. Just think of cash during the bearish Market, it'll be the same as that in the bull market. So, moving the cash into cryptocurrency during the bear market is the best one can do than holding cash.

Everything should be place in equilibrium.  It is wise to buy altcoins when the price is at the bottom but it is unwise if it leads you to the point that you are running out of money.  Since when an event comes where you need cash such as emergency, you will forced to sell your holding even though it is far from maturing( target selling price).  Balance should be observed in both bear and bull market so that we can freely sustain our daily livings and plans.

If Hold Cash will not be affected by the market conditions, good opportunities at this time because the market is bearish so that investment in Altcoins immediately then we can increase and get a big profit.

Of course, you have to balance everything it, have crypto and at the same time you need the old fiat in your wallet. First, you can't transact everything in crypto, majority is still in fiat system, so you need cash on hand every time. Second, if you put everything in crypto, at some point, you will have to withdraw it. Third, have some in case the price crash hard again and so you have money to buy and then simply hold. Or if you think you make enough profits already, then sell. And so as much as we love our bitcoin and altcoin, the world still revolves around fiat like USD and our local currency.

At these times, we can just admit that cash is king. Economies that have been down turning is the best time to start using those cash because of the market's situation. Some may not be able to spend it because they don't think it's the best time.

But when you're an investor and tries to look at certain areas to invest with, you'll see how it's good to have some cash ready for those expenditures. I don't have enough cash and just living nowadays through paychecks which is hard based on the situation of the economy.

Don't forget about bitcoin as the primary choice.

A sharp drop in the value of a coin also happens in a bull market and this can be caused by various factors, including negative news. As a rule, after such a news dump, the coin price quickly recovers, which brings a good profit. So you should always have free money to redeem such a fall in time.

The volatility of cryptocurrency is way far from fiat and that's what makes crypto profitable. The bearish season is a time to accumulate and buy good coins and is still the best time to hold when it comes to long-term investment. It will be profitable when the market recovers or when the bullish trend approaches.
Saving or holding fiat is still a good idea but we shouldn't disregard buying and holding crypto no matter what the market situation is. The bearish season wouldn't be worst for holders if we're holding a well-established coin.

Holding cash during a bear market is a must in order to be able to shop freely at big discounts, I try to set aside a monthly salary for investment. Buy stablecoins first slowly before switching to the desired altcoin, the goal is to raise capital first and wait for the right time to start holding. This method is very useful for adding assets to anticipate unexpected needs in the future

Most people understood the concept of selling at the top, they sell and some people make other investments, or they could end up selling and spending on things they don't know. One of the main reasons why I hated the "lambo" mindset, you shouldn't buy a lambo, you should buy a car that is decent enough to take you from one place to another, durable, and spends very little on gas (electric if possible bu they are quite expensive so only buy if you don't plan on getting a new one for 5+ years) and put the rest in investments.

However as it is proven by the market, not many people understand buy when it is cheap, 20k shouldn't have taken this long, people should have bought it in bulk when it reaches this price, so that the price would go up, but for some reason they are not, and there are still some people who sell, thats a bit of a problem.

During bull runs, the crowd buys everything, because it's a hype, and people don't think about the fact that it won't last forever, but that it will one day end and it will be the opposite, because the market will start to sell off and prices will fall. Most investors don't have the spare cash to make purchases when the market gives them the opportunity. They buy with all the money they have available and then sit back and lose, because they can't diversify. When the need for money arises, they start selling something at a big loss. All this behavior is not characteristic of real investing and resembles simple and trivial short-term speculation.

And without a doubt that is a very successful strategy, but that is a strategy that is only popular with investors that have been part of this market for a very long time, the newbies which want to become part of this market see a strategy like that as one that will take a very long time to produce positive results and also as a boring strategy, I know that something like that does not really make a lot of sense because at the end what matters is whether you obtain profits or not, but newbies waste their time thinking about a lot of things which have nothing to do with the money they earn or they lose.

It takes a great deal of wisdom and patience to be effective in this space. You need wisdom to make the right decision and patience to wait until it materializes.
The importance of taking profits when the market is bullish cannot be overemphasized. We are quick to forget that the bull market is only for a while and would be followed by a longer duration of bear market where buying would be more beneficial.

Actually, many people realize that they have to sell during a bull market and then buy during a bear market, but unfortunately only a few people are able to control themselves to stay calm when dealing with a bull market because they think that during a bull market they can always get profit so they keep making purchases and hope the purchased coins will go higher no matter how high the price has been pumped up.

Yes... tranquility is the main key for the success of our trades. Because prices are unstable, we also feel anxious and want to immediately make sales or purchases. So it's not the profit that we get, but the loss that we get

Cash hasn’t been king for the longest time but it looks like it might finally change.

Right now you can get over 5% interest just by holding money in your bank account. Why risk it trading when you can get guaranteed money this way.

Of course we cannot expect much with cash, if we keep it in banks, we only get an interest of around 8% and are still affected by other costs so that no more than 5%, it is time for humans to think of productive, namely investment and cryptocurrencies can be the best solution.

But if you have studied the market a bit you would notice that not everyone is able to buy at the exact bottom because we cannot really say this is the bottom so it is good to know how to understand TAs, that way you might not be able to catch the exact bottom but you could be close which is better and if you are focused on a longer-term hodl of your assets, I believe you should be good.

Ideally, we must stay calm both in a bear market and in a bull market. We shouldn't be pessimistic in a bear market, and avoid being too optimistic during a bull market. We must decide everything based on a deep analysis and be realistic to determine entry-exit (buying-selling) of our crypto assets. Some people sometimes target a too high price for selling, which makes them fail to take profits. They realize that they must sell their coins when the prices already drop much after rising several times. Others keep buying during the bull market and think the price can continue to increase. Sadly, those people buying on ATH price, they just realize it when the price of the coin constantly drops or freefalls. So, not only being calm, we also need to be smart. Choose the right time to buy, don't buy based on a feeling! We must buy coins based on research or deep analysis.

accumulating cash around this economic crises always necessity, I think if you're having so much cash in your arsenal you could easily choose to invests in some investment instruments that is highly discounted in terms of value, therefore this economic crises could instead become good chance for you in generating wealth. otherwise if you are still holding your investments in general it just gonna lose value.

did we also calculate all cost that will cut our money, i see alot hidden cost which is bank wasnt transparantly tell us. With interest around 5% ,maybe we only receive less of that.

As a newbies, should learn from the experience of people who know more like you because for me teachers are important and practice patience on average they just want to get instant benefits because they can't control their patient nature, don't want to wait and are lazy to do research.  Now I see that they prefer to play online gambling instead of investing

This is because they wrongly predict and analyze prices so they have to suffer losses because when buying at the same time the market falls. And now many are complaining about being forced to sell some assets even at a lower price than the price they previously bought because of an urgent need. I'm sure most of them sell at a loss because they are forced to do so because of a need they can't put off. Especially now in a state of recession will occur before our eyes.

The current market situation is a good opportunity to invest in cryptocurrency market industries which many coin's are in bottom line, as very good position to buy, which many investors seen it as bear market to invest on many difference coin's, while some are still waiting for the market to Dip small as Bitcoin price is dropping slowly. Main why some don't have many to buy, while many people that already know the system invest in every stage as the Market Keep going down.

One fact I have discovered with many forks is that they are always cut in the middle of each wave.
Some even with a bull run tend to waste a lot of time before selling and holding more cash but because of greed and some other factors, they waste a lot of time, and before you know it bears market will set in again.
So the best time to take the right actions is when you already made an average profit in your holding and also the best time to buy is when the price is low and near the bottom, so in doing that one needs to have good knowledge of the price chart to understand Bitcoin previous market behavior.

True but this requires to have a long term approach not only to investing but in your life in general, as you will need to have money saved precisely to take advantage of the low prices we are seeing today, and very few people can do this, not only because saving any money during the current circumstances is hard but also because they lack the ability to think on those terms, so as soon as they have saved some money they spend it in stuff they want but which they do not really need.

Certainly,
Saving cash is necessary and this will be useful for various kinds of. Because that's the importance of money management in life. We can divide our money into several things, including money for needs, businesses, investments, and also money for temporary savings (just in case something happens or needs suddenly).
Regarding money for investment, when we also want to provide or save cash in case the market goes down and buy more assets, this must also be considered. That is, stick with free money that is specifically for investment. because investing in crypto still contains risks.

If indeed we do not prepare money for market conditions this time, we just have to find it and prepare it now for free money. So that we don't miss the train to invest in Bitcoin or other valuable assets.

Most of the time realization comes when it was too late. But we still have the chance to correct it and consider this as a lesson to learn. What we need is to change our mindset and drive out this greediness in mind because this is the reason why we fail.
We need to have financial education, we need to take a look at how we can prepare for the future and make a plan for it. Of course, this is not an easy adjustment to do but if we are determined to do this, it becomes possible. 

It is why everyone has to realize that during the bull run, it's best to save some from those profits that we made and put it on cash or stable coin.
So, when the times of bear market as expected every after the bull run. We can have some time for shopping for those very cheap altcoins that we want to have.
Like those type of investors that would buy those coins that are good to stake, they're having that strategy to buy many of it during its cheap price.

This my strategy is pretty much same with other have saying

That cash out when bull market, take profit is very needed especially if you are seen a massive gain, and hold a few.

Start to enjoy some profit and then stake the it to stable coin pool

After some while when the bear market come start to DCA some asset that you think is good and stake the coin till the bull run happen again

It's hard to say because no one knows when a bear is to start some you may see the bear coming beforehand it gets back at then you might threatened to sell without making proper research otherwise one can get cashed out when the bull is still running. If you tends of jumping in again you stand another chances of losing and ending up feeding the market to the whales. Most times I do run out of cash but doesn't mean there was no good plan or something, it means I wouldn't like to temper the savings which I have rather to others things which I found more important of.

This is common experience which anyone out there might likely face because in crypto is basically planning and targeting, if you don't plan well you might end up not having a dimn when the time comes and you might have a cool time to buy some trusted cryptos with potential but at then no funds to buy either.

Well there is old strategy which is DCA if you wanted to buy and invest in crypto, but obviously, you will have cash in ready like every week to buy and that's why it is always valuable to have cash ready in our hands.

So in bear market, you simply but with your cash and hold. But if there is some event that you needed more, then definitely you can sell some.

But the best time to sell is really on the bull run when the market is green and the price is going up, revenue is gong to be good.

You still have time to buy crypto because the bear market is still here and we can buy a lot of potential coins that we can invest in. If you are afraid to buy all at once, you can buy them in stages so you can buy at a lot of low prices and avoid buying at high prices. Once you can get a lot of potential coins, you have to wait for them to go up and it will depend on the coins. And now you have to hold the money and wait for the moment to buy it.

It has been nearly a year since the last bull run, which means that people had a long time to buy as many projects as they want and that’s understandable, I mean if we are talking about a situation where people would be able to get as much as they want from 100 different projects if they wanted to, because it's a whole year, it was definitely enough time.

I personally believe that it’s not smart to get that many, because most of them are shit projects, it’s better to have 5-10 good ones instead of spreading it to 100, but people had time to do both so there is really no problem. I believe that the best thing to do right now would be just DCA and wait until bitcoin goes back up.

bull run is a place to sell bearish is a place to buy or they call it buying when getting rumors sell when there is good news. in fact the cash we hold that is the most valuable until now crypto is full of risks to overcome it we must really make the right decisions.

I think the day has come for most of the people to realize that holding alts is not a good strategy. If you want to get rich in crypto, then hold cash and BTC, you will survive any market. Never go all in on a coin when it's pumping, bet small, and few more times. Do not forget to profit during a pump.

This is probably the most important thing in crypto and finance. You do not want to be caught in the middle of a crash or a trend buy try to sell at the very top.

They can buy as much as possible but that doesn't guarantee they can benefit from all the projects they invest in. We must really be able to choose the right project so that the investment we make is not in vain and we cannot get the profit we want. This needs a deeper analysis to be able to get or choose the right project because each project may give us the temptation to invest in them.

Yes, investing in 5-10 good projects is better than choosing 100 projects at once without doing any analysis because we also don't know which projects will explode and provide huge profits in the future. But for now, we still have enough time to choose the right projects because market conditions are still in a bear market so we might be able to focus on projects that are already in a good position in the market. And if it is bitcoin, the strategy we use and the best is probably DCA.

Risk is something that humans love to take but hate it when it hits them. Altcoins are the cornerstone of how risks are involved in cryptocurrency more than bitcoin. Some people will always go for them because that impulsive decision taking and quick money making mindset is present in them.

Crypto ends up being a short term stint for many people. They buy at the top when everyone is talking about it and then sell at the bottom when the same people are making FUD about it. This happens because of lack of research and dummy trading. Hence these people lose out on cash at hand or bitcoin at hand at the proper times. After all, how hard is it to buy at the low and sell at the high? Turns out, it is a game of patience and people lack it in general.

That should be the obvious conclusion but many people are not going to accept this as easily, and the reason is that they have lost so much money holding altcoins that if they were to accept your conclusion then this means they have been making mistake after mistake and wasting their money in the process as well, such a reality is too difficult for most people to accept and as such they will try to prove us wrong, but as you may guess they expose themselves to even bigger losses if they do that.

The importance of taking profits when the opportunity arises cannot be overemphasised. So many persons were once very rich in tokens but due to the dwindling value as well as their hesitant to cash out, they don't have anything to show for it. The market is volatile and nobody is always lucky. When the tide falls on your favor take some benefits and invest in other aspects of your life.

This is true, people get so obsessed with the idea of obtaining more profits that when a coin begins to go down instead of selling and be happy with the profits they got already they get too greedy and keep holding their coins hoping for even more profits to come their way, and while holding forever is a strategy that makes sense when we are talking about bitcoin, it is not a good strategy to employ when we are talking about new altcoins as they have a very short lifespan.

If you say holding forever in bitcoin that's also wrong, no one wants to keep holding without taking their profits. Holding of course there will be a limit, determining the target will make you not hold the dive. For altcoins that have a short life it also depends on the development of altcoins, if you say altcoins like Ethereum, BNB certainly can't say short-lived because their project is clear and development is ongoing.

They are newbies who don't know how crypto market runs, when ever a bull market is alive its not the time to start buying unless you are investing on a new project that just launched and you are one of the few that get into the project very early, also it's wise to take profits as more people gets in..

A bear market is for buying and holding, A bull market is for selling and taking profits, if this doesn't sink into anyone's brains they will be doing everything wrong.

It is only understood correctly by few and only these few people will be able to make money. First time into a speculative market everyone thinks like this and they make the mistake of buying at the top and then selling at the low. The mistake of buying or selling at the wrong time occurs because people dont observe speculative markets long enough to make this decision or how these type of markets work and how to make money from them.

True that everyone does not have the brain to understand this nor the patience to keep up with the market and follow and investment through its ups and down but this short term quick gain attitude is why the current young generation is unable to make money from the markets.