Am not really into giving some advice which coin to be buy for the next bull run.. Cause the fact that ICO expectations tend to be 2x at best, compared to in a bull market when people are expecting 10x right off the bat. Of course, coins don't often actually get that kind of ROI, but there's a clear difference between how they perform in different market cycles. And all of this makes perfect sense. If a bear market allowed you to carry on getting gains without much effort, they wouldn't be bear markets. When your portfolio is getting wrecked, "HODL" does seem like one of the only things you can do. Indeed, you don't want to end up selling at the bottom, unless you really have to. But, I think there is good work to be done in a bear market, that will set you up for even bigger gains in the next bull market. It may even help you avoid getting wrecked in the following bear market too. Which would be nice.
I want to share what I've got on my recent research on looking good coin to buy. hope this will help you. Cause this also help me on looking for the ideal coin,
Just keep on researching, A bear market is probably the best time of all to research projects. Things are moving slower, there's far less FOMO causing you to jump onto mooning coins, and even if you miss an ICO, you can likely pick it up on an exchange for a similar price later
Average Down. I'll give you a link that explain regarding this -
https://cryptosis.io/hodl-vs-average-down/ ,you'll know that right now there is a fantastic opportunity for you to do the same. Remember, this can be a double edged sword, and it may be better to wait for coins to start to show signs of recovery before you make any moves.
Take New Positions, As well as averaging down, now is a good opportunity to take positions in coins you've been waiting to get hold of. Everything is so cheap right now. These past few months have been a great shopping spree. Of course, unless you are putting fresh FIAT into crypto, then those cheap prices are relative. Your Bitcoin or Ethereum will also have gone down in price, so an altcoin is only "on sale" if it has fallen more than the base currency you're using.
Participate in ICO's, a lot of ICOs are still turning profits (you do have to be quick though), and some of the ones you invest in today, may end up hitting the exchanges during the next bull market. This could result in huge gains. We're not saying every ICO that launches right now is going to do this, but we ARE saying that just because we're in a bear market, doesn't mean ICOs are suddenly unattractive. Just remember not to throw everything you have into these projects, so you can keep liquid.
Learn trading, We've always been more about fundamentals and long-term holding more than technical analysis and trading based, but that doesn't mean you have to be too. There are plenty of traders out there making decent money right now. Some of the best traders make money off volatility, so they are doing pretty well for themselves right now.Of course, do research, increase your knowledge, and don't just listen to the average TA wannabe on social media, but if trading is something you want to learn, now could be a good time.
Learn From Previous Mistakes, t's very easy to sit here and say "Wow, we should have sold at the top in December/January and then we'd be able to buy back double the coins now, or buy back the same amount and pocket a lot of profit."
Yes, hindsight is always 20-20.
The reality though, is that you have an opportunity now to learn from this and ask yourself "How could I have played this differently? How could I have predicted this? Were there warning signs?" Many people make mistakes by trying to time the top. During the next bull run, there WILL be many people who try this exact strategy and fail. They'll end up buying back in at a higher price, rather than lower.
and lastly be proactive, Let's face it, the crypto markets is really down right now, there's no denying it. However, that doesn't mean you should despair, and it definitely doesn't mean you should just give up on crypto. Yes, now is a good time to take a break and enjoy some downtime, but not for too long. There is always opportunity, and as long as you are being proactive and doing some groundwork now, you'll be in an even better position during the next bull run...
