How do people gain profit when crypto is dropping?

[taufik123]

If you thinking in the lines of a hodler, a dipping market is never something you want to be looking at price as it would depress you as portfolio value drops 

But when it comes to crypto and making money from a dipping market, you could choose to go for leveraged trading and putting in your trades that go short to make your profits, or use any other trusted broker that you can use to trade crypto assets and make profits from both up and downtrends.

Futures trading can be an option but with the note you can do a good analysis, make market predictions and determine where your short position is then you really have to be disciplined to take profits,
that way it is a very risky trade especially for beginners it is really not recommended.

I may be inclined to be a Holder rather than having to trade with leverage, as my emotions and psychology are not supportive.
Being a Holder won't always put you under pressure because the price is falling, but if you're confident in the coin or you're holding BTC for the long term,
the drop will be an opportunity to buy at a lower price and you'll get more assets.

As in the previous bear market where bitcoin reached a low of $70k after previously reaching ATH $100k, it was a decline that became an opportunity to buy back as a holder and look now,
BTC reached ATH $123k and even has the potential to reach $150k.

[As-Soon-As]

Please is long I'm trying to learn about crypto generally but I don't seem to understand most things as if am left out. I leant that even the crypto market is going against you can still make gain out of the situation because to me am only experiencing lost and depression. Please what do I do whenever the market is experiencing deepening? Is there a to reverse your trade or investment at that point that will make you gain instead of lost?

If I understand you well, you mean that if the market is going against someone, it is possible for that same person to still make a gain from it. If you are an investor and you have already invested, and the coin you invested is dumping, I don't think there is any way you can profit from it. You will definitely be losing. But as an investor, you don't need to rush and sell when the market is dumping. There is always a possibility that the market will recover again and even rise higher than its previous price,but that will happen you invested in good coin.

Yes I agree with you, when the market is dumping, the only way is to be patient. And it is most important to know which coin you have invested in, especially if you are investing in Bitcoin, then of course it is most appropriate to be patient during dumping.
The more patience you have while investing in Bitcoin, the better your future will be, because patience is the only thing that can bring future benefits.

[collecttmaster]

Please is long I'm trying to learn about crypto generally but I don't seem to understand most things as if am left out. I leant that even the crypto market is going against you can still make gain out of the situation because to me am only experiencing lost and depression. Please what do I do whenever the market is experiencing deepening? Is there a to reverse your trade or investment at that point that will make you gain instead of lost?

If I understand you well, you mean that if the market is going against someone, it is possible for that same person to still make a gain from it. If you are an investor and you have already invested, and the coin you invested is dumping, I don't think there is any way you can profit from it. You will definitely be losing. But as an investor, you don't need to rush and sell when the market is dumping. There is always a possibility that the market will recover again and even rise higher than its previous price,but that will happen you invested in good coin.

Yes I agree with you, when the market is dumping, the only way is to be patient. And it is most important to know which coin you have invested in, especially if you are investing in Bitcoin, then of course it is most appropriate to be patient during dumping.
The more patience you have while investing in Bitcoin, the better your future will be, because patience is the only thing that can bring future benefits.

This is not really correct information though. There is a way to make money regardless of which way the market is moving and regardless of which investments you have made. If the market is going down and you expect it to continue to do so, you open a position called Short. You can short the coins that you own. If you don't do it, someone else will do it and take the money.

[Adams0001]

Please is long I'm trying to learn about crypto generally but I don't seem to understand most things as if am left out. I leant that even though crypto market is going against you can still make gain out of the situation because to me am only experiencing lost and depression. Please what do I do whenever the market is experiencing deepening? Is there a way to reverse your trade or investment at that point that will make you gain instead of lost?

You need to monitor the market very well before you invest in crypto, that is one of the important thing you have know about crypto, invest when the price is low, and when you invest within that period, if the price of Bitcoin increases you will make a profit from bitcoin investment, that's what I want us to understand, the reasons why some people get lost in their crypto investment is that most the investors always concentrate to by Bitcoin when the price is high, from the my best of knowledge through your panicking because of the price of Bitcoin that goes down, the thing is that bitcoin price can go up, and it can go down at any point, so if you wants to make a profit invest and remove your mind for the investment at that time especially when the price is falling, because bitcoin have never experienced falling for two years

That is the point, if you want to make profit on bitcoin deeply when the price decrease is and opportunities for you to invest huge, because definitely the price will raise and you will be profitable on it. But you should just know that crypto is unpredictable sometimes you should just invest what you can afford to lose, invest for long term and forget about it, because if you will be checking the market always to see when the price will drop before you invest, i can says you are just wasting your time. I just believe that anytime is a good idea to invest in bitcoin because the more you wait the more people that risk are benefitting from bitcoin. So invest for 3 to 4 years and you will be profitable on bitcoin, because is the best coin and if you are patient enough you will definitely achieve your goals. I can says when bitcoin drop investors can just used the advantages and top up there bitcoin investment when the price raise. they will get double profit, is only traders can get more benefits.

[OcTradism]

That is the point, if you want to make profit on bitcoin deeply when the price decrease is and opportunities for you to invest huge, because definitely the price will raise and you will be profitable on it.

It depends on your time between entry and exit and if you enter the market in a bull run, exit in a bear market, you will get loss. If you do oppositely like enter in a bear market and take profit in a bull run next cycle, you will get good profit. Most people enter in a bull market when Bitcoin appears a lot on social media so they likely stuck in a bear market and only few of them can stay calm, keep up their belief in Bitcoin and hold untill a next cycle and bull run for taking profit.

So invest for 3 to 4 years and you will be profitable on bitcoin, because is the best coin and if you are patient enough you will definitely achieve your goals. I can says when bitcoin drop investors can just used the advantages and top up there bitcoin investment when the price raise. they will get double profit, is only traders can get more benefits.

History says hodling time is about 5 years and a little bit more to get profit.
https://hodl.camp/

[JiiBs]

Yes I agree with you, when the market is dumping, the only way is to be patient. And it is most important to know which coin you have invested in, especially if you are investing in Bitcoin, then of course it is most appropriate to be patient during dumping.
The more patience you have while investing in Bitcoin, the better your future will be, because patience is the only thing that can bring future benefits.

Is that really it?
Does patience really have a direct proportionality to rewards or profit?

I don’t really see it that way in having to hold. Yes patience do play a vital role but even more so, you still get to pick the right moment if you hope to cash in on profit. People who would want to take profit today as against those that took profit last week when Bitcoin did hit the ATH would have a slight difference in profit. Still, those who took profit today would have had more patience than the later.

When it comes to getting profits when the market is dumpling, it’s more about those that are actively trading.

[Sonia_123]

Please is long I'm trying to learn about crypto generally but I don't seem to understand most things as if am left out. I leant that even though crypto market is going against you can still make gain out of the situation because to me am only experiencing lost and depression. Please what do I do whenever the market is experiencing deepening? Is there a way to reverse your trade or investment at that point that will make you gain instead of lost?

You gain profit from your previous purchase which you have made when the price was far lesser than what it is presently .
Take for example, you bought Bitcoin when the price was $40 and has risen to $100, and the price of Bitcoin started dipping till $74, the price difference between $40 and $70 has given you a huge profit.

Also making profit when market price is dropping has to do with the type of investment pattern you adopt either short-term or long-term, but the most preferable is the long-term investment of 4-10 years or more, because it gives room for  making more profit in as much as all you have to do is keep accumulating and holding without reasoning the market price or selling off at any point in time.

[collecttmaster]

Is that really it?
Does patience really have a direct proportionality to rewards or profit?

I don’t really see it that way in having to hold. Yes patience do play a vital role but even more so, you still get to pick the right moment if you hope to cash in on profit. People who would want to take profit today as against those that took profit last week when Bitcoin did hit the ATH would have a slight difference in profit. Still, those who took profit today would have had more patience than the later.

When it comes to getting profits when the market is dumpling, it’s more about those that are actively trading.

You misinterpret the data from that website. The holding time required to get a fair profit is much less depending on when you bought. Interesting website but the design could be better. The holding strategy is by far the best for Bitcoin.

Please is long I'm trying to learn about crypto generally but I don't seem to understand most things as if am left out. I leant that even though crypto market is going against you can still make gain out of the situation because to me am only experiencing lost and depression. Please what do I do whenever the market is experiencing deepening? Is there a way to reverse your trade or investment at that point that will make you gain instead of lost?

You gain profit from your previous purchase which you have made when the price was far lesser than what it is presently .
Take for example, you bought Bitcoin when the price was $40 and has risen to $100, and the price of Bitcoin started dipping till $74, the price difference between $40 and $70 has given you a huge profit.

Also making profit when market price is dropping has to do with the type of investment pattern you adopt either short-term or long-term, but the most preferable is the long-term investment of 4-10 years or more, because it gives room for  making more profit in as much as all you have to do is keep accumulating and holding without reasoning the market price or selling off at any point in time.

I would not consider 4 years a long-term investment, even 10 years is not really a long-term investment but it may be a bit long for crypto.

[Oshio-man]

Please what do I do whenever the market is experiencing deepening? Is there a way to reverse your trade or investment at that point that will make you gain instead of lost?

What you will do when you discover that the price you want to trade your coins has decrease below the price, continue holding your coins and waiting for another bullish season to hit the market before you can trade to take income from your holding. It will be difficult for a long term trader to decide to trade when he or she know that he will not going to earn income from the market because every traders you see in the market, they are there for income purposes op, and they will not trade to experience lost which is not the wish of long term traders, the only way you can gain to avoid lost in trading is, hold at that moment you know that the market price will not going to favour you if you trade, which is the only solution that will make you a wise trader in the market.

[Rashid-X]

The best advice I could to share to anyone who's experiencing the same situation on you is to buy or invest cryptocurrency what you can afford to lose to avoid anxiety or worse depression.Always remember that health matters most. The cryptocurrency is volatile its value is changing from time to time, having cryptos on your wallet is like gambling you can't predict whether you lose or gain profit.

[Aanuoluwatofunmi]

If we can define well the kind of trader we are, then we are going to be profitable in it, to trade, we must understand the basics of doing it, also, it depends on the position taken and the direction at which the market is taking, for instance those that go for short position while the market is on downtrend will be in profit because they are accurate about the prediction taken and the market moves in their favour.

[Sammye3]

If we can define well the kind of trader we are, then we are going to be profitable in it, to trade, we must understand the basics of doing it, also, it depends on the position taken and the direction at which the market is taking, for instance those that go for short position while the market is on downtrend will be in profit because they are accurate about the prediction taken and the market moves in their favour.

Consistency in every field is very important when it comes to trading, as the market can be very unpredictable with prices and most cases traders tend to jump from one strategy to the other.

Taking a firm stance regardless of market movement shows a strong trading mindset and can only make for a successful trader.

[tvplus006]

...The cryptocurrency is volatile its value is changing from time to time, having cryptos on your wallet is like gambling you can't predict whether you lose or gain profit.

In this case, it will depend on which coins you keep in your wallet. And if the contents of your wallet consist of shit coins, then it will really be comparable to a casino and it will all end with the loss of the deposit.