Hi, I'm just trying to plan ahead here and assuming that we are going to have a bear market at some point in the next couple of years, I would like to try to put my bull market profits to good use. I was wondering what is your strategy to continue making money when things turn bearish?
Whether it's shorting, leveraging, trading, earning interest, finding hidden gems, longing coins that perform well in a bear market, investing in gold or the stock market or anything else, I'm interested to hear what strategies you are planning to use and how you are planning to execute them in order to continue making money. If you made money during the last bear market I would be interested to hear how you did that as well.
Thanks.
You should have a plan to preserve your wealth before "bears" take over the market. The best way to do this is to sell your Bitcoin to Fiat when it's going up, and then buy back when it's going down. Stablecoins are extremely convenient when it comes to protecting yourself against market volatility. As they always say, "Cash is king when the market goes bearish".
Consider the current situation as a huge opportunity to grab some Bitcoin at a discount. The future holds many exciting things for Bitcoin as it continues to improve every step of the way. With subsequent halvings, Bitcoin will only become valuable over time. If you "stick" to the plan, you'll be on a road towards non-stop financial success. Just my opinion
