For me, i don’t have a specific pattern to protect my investment. Honestly i’ve always thought that ‘to hodl’ is the best thing i can do. So, when market is falling i just simply “hodl”.
if you can allow me i can give you a little strategy i have been using, maybe you can try it out too. Though HODL is not a bad idea, but i'll urge you to maybe check this out.
Anytime the cryptocurrency market is going down,there are several ways that investors can profit, as for which approaches are best, investors will need to decide for themselves.
1) Buy The Dip: Buying the dip can generate compelling returns. However, in practice, pulling this off effectively may be easier said than done. Using this strategy successfully requires an investor to time the market, something that many market experts have described as very challenging.
2)Pinpoint Strong Opportunities
Investors should keep in mind that even if the broader cryptocurrency market crashes, some of these digital assets could hold up very well.
3) HODL
4)Shorting Bitcoin: If done correctly, traders can generate very robust returns by shorting Bitcoin, an opportunity offered by many exchanges
DISCLAIMER: i am not a financial adviser, just trying to contribute to the conversation here. Thanks friend
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