How to trade for bitcoin when it is bearish? Is it fixated on the FA, or do you still use TA. Please enlighten me, thanks.
Maybe I'm doing something wrong but every time I tried to trade my Bitcoin in this bear mode, I'm losing it so eventually I decided not to do nothing, in this period of time. Just hold and wait for it to recover.
Lol yeah i don't think you're the only one there dude. The movement in this bear market leans highly in the negative drop so you have to be really careful to even make a small profit. Some people have the skill to do that.
it is like small profit but high risk, in Bearish market we can expect to gain small profit, but when market not give better condition, risk to loss is bigger because we can't expect to where coin will down.
Small profit is always the key to bearish markets and never to look for something terribly big which is certainly where some people tend to make mistakes. Unless you are clear the market is switching trends, then you should not even bother trying to see how you can get something substantial from a trade.
In fact, some traders usually stay clear of the market completely so as not to end up being a victim of the bear actions. Trading in a bearish condition, requires a lot of discipline and experience and without it, you will not be able to get something tangible.
