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Author Topic: What's your strategy to carry on making money when Bitcoin turns bearish  (Read 720 times)
haasanjui
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November 10, 2021, 06:42:16 PM
 #81

When bitcoin turn Bearish then alt coins got dump and this was a time to buy amd hold for long time and if i have good money to invest I will buy Bitcoin for trade and will wait for pump of price. It is simple strategy which is used by many of traders.

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November 10, 2021, 10:04:26 PM
 #82

I don't make money via trading Bitcoins.I make money via having a job and working.I'm sure that 80-90% of all the crypto traders don't make any money out of crypto trading.They have jobs.


Well majority of traders end up in loss, read this to learn more.
If You're Day Trading, You Will Probably Lose Money: Here's Why
The best way to earn money through crypto is buy when market is bearish and HODL. Its a time consuming process but its worthy. So if I find bearish season (which is OP question) I will gather btc and HODL. I don't expect profit during bear mart.
One of the most basic principles that should taught to all of those that want to become traders or investors is that most of the time whether you become profitable or not depends in a big way on when you buy, if you buy when the price is going higher and higher you may turn profitable but you are taking a risk as the market could always turn around and begin to go down, however buying after a significant crash is most of the time a good idea as you are buying for a price way below the average, and what better example than those that bought after the most recent crash that brought the price of bitcoin to the 30k level and after a few months they have more than doubled their money.
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November 10, 2021, 10:20:36 PM
 #83

This is why investors are advised to only invest what they can afford to lose, and to also get a job in RL, it's absolutely risky to depend just on crypto, the market is unpredictable, so you can't put all your eggs in it, thus on that basis, if you invested with only what you can afford to lose, then it's expected you have some other cash somewhere else, you can put it in some other investment or start a business, and then if you have a job, then you can also use the income from your job to start up something during the bear market.

Having said that, another thing is to try as much as possible to have diverse skills, making it possible for you to offer one service or the other, that way you get paid for what you do, and you'll not even have to worry about the bear period as you're sure Bitcoin will still rise up again and you'll make profit.

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November 10, 2021, 11:35:49 PM
 #84

This is why investors are advised to only invest what they can afford to lose, and to also get a job in RL, it's absolutely risky to depend just on crypto, the market is unpredictable, so you can't put all your eggs in it, thus on that basis, if you invested with only what you can afford to lose, then it's expected you have some other cash somewhere else, you can put it in some other investment or start a business, and then if you have a job, then you can also use the income from your job to start up something during the bear market.

Having said that, another thing is to try as much as possible to have diverse skills, making it possible for you to offer one service or the other, that way you get paid for what you do, and you'll not even have to worry about the bear period as you're sure Bitcoin will still rise up again and you'll make profit.
It will always be an edge if you have other skills that can help you land another job than just trading along in crypto because in time of bearish season, there are less opportunities to make profits. However, buying and holding your trusted coins in this bearish time can give you profits in the future but the question is when will be the exact time. Crypto brings a lot of uncertainties and if you are not wise enough to survive, then you won't make good profits at all.

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November 10, 2021, 11:38:34 PM
 #85

When bitcoin turn Bearish then alt coins got dump and this was a time to buy amd hold for long time and if i have good money to invest I will buy Bitcoin for trade and will wait for pump of price. It is simple strategy which is used by many of traders.
Experienced investors/traders would really see this way on which they would really be seeing this as an opportunity to buy cheap because market could eventually make out recovery later on.

Making money on bearish market is still plausible specially to those who do scalp or make out short trades and to those who do buyback
when its cheap and wait for the right time on selling on a certain point.

DCA or accumulation on cheap price is a common way but its not simple as it sounds yet you would really be that in doubt in doing such action.
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November 10, 2021, 11:41:59 PM
 #86

When bitcoin turn Bearish then alt coins got dump and this was a time to buy amd hold for long time and if i have good money to invest I will buy Bitcoin for trade and will wait for pump of price. It is simple strategy which is used by many of traders.
Experienced investors/traders would really see this way on which they would really be seeing this as an opportunity to buy cheap because market could eventually make out recovery later on.

Making money on bearish market is still plausible specially to those who do scalp or make out short trades and to those who do buyback
when its cheap and wait for the right time on selling on a certain point.

DCA or accumulation on cheap price is a common way but its not simple as it sounds yet you would really be that in doubt in doing such action.

Many think about holding could save their money from loss although sometime its through but sometimes not since its really not worth the stress we can get for continuous holding compare if we do cut loss and buy back again where we have chance to recover what we supposed to lose then earn with profit when another round of pump will go on. Although its hard for someone to do this but if we just familiarize the market for sure we will have higher chance to go success on doing this.

R


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November 10, 2021, 11:45:48 PM
 #87

When bitcoin turn Bearish then alt coins got dump and this was a time to buy amd hold for long time and if i have good money to invest I will buy Bitcoin for trade and will wait for pump of price. It is simple strategy which is used by many of traders.
Experienced investors/traders would really see this way on which they would really be seeing this as an opportunity to buy cheap because market could eventually make out recovery later on.

Making money on bearish market is still plausible specially to those who do scalp or make out short trades and to those who do buyback
when its cheap and wait for the right time on selling on a certain point.

DCA or accumulation on cheap price is a common way but its not simple as it sounds yet you would really be that in doubt in doing such action.

But if you are buying cheap coins, buy those coins with concrete foundation. What I mean is, they have use case in the market and people are really using it. Because as we have seen, there are so many worthless coins. So in this case, better look at least in the top 1-50 coins, and check each one which has the chance to survive long.
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November 11, 2021, 01:51:54 AM
 #88

in the last bear market , i step out of crypto and focus in some small real businesses like Bicycle shop repair and accessories . of course i maintain my holding in this market.

i have just back recently when the market finally make its way to the fullest.
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November 11, 2021, 06:26:37 AM
 #89

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?


BUIDL
Falling prices are a good opportunity to buy.
Keep holding and buying!
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November 11, 2021, 06:53:51 AM
 #90

When bitcoin turn Bearish then alt coins got dump and this was a time to buy amd hold for long time and if i have good money to invest I will buy Bitcoin for trade and will wait for pump of price. It is simple strategy which is used by many of traders.
yes , when bitcoin starts falling best to sell it all first and wait for altcoins to dump as well then buy some shitcoin (but make sure you know which coin is not to die completely) and trust them for a while.
actually thisis the strategy of normal trader but not for me because i would rather hold than selling my bitcoin in no exact knowledge when to dip.

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November 11, 2021, 07:27:29 AM
 #91

Hmmmmm many are saying that its better to hold if you are holding some Bitcoins already and some saying that buying in a bear market is better since all of the crypto coins are at a discount.
While these 2 are good, I think another way to make money in a bear market is to transfer some into stablecoins and then wait for Bitcoin to go down and then convert it when you feel that it is the right time and then wait for it to go up again.

Of course this takes time but there is no such thing as easy money right Smiley. Gaining profits in crypto is a process so just trust it.
Another way to make money in a bear market is thru shorting it. Although this requires experience and knowledge, you can still earn money thru it as long as you know what you are doing. Another one is accumulating more overtime or in short, Dollar Cost Averaging.

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November 11, 2021, 09:08:38 AM
 #92

Don't think about doing a panic sell. When the bear market attacks, I do nothing, stay HOLD and buy more at a low price and will get a profit when the price goes up again. Bear market is a discount event for us
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November 11, 2021, 09:25:53 PM
 #93

When bitcoin turn Bearish then alt coins got dump and this was a time to buy amd hold for long time and if i have good money to invest I will buy Bitcoin for trade and will wait for pump of price. It is simple strategy which is used by many of traders.
In essence this is doing a buyback when there is a crash dump. But capital management here is very important to run this strategy. We must have capital reserves to do buybacks.
A bear market will not always be bearish. Buying during a bear market should pay attention to the strongest support points. making purchases in stages might help. what is certain is that when the price starts to rise, we will benefit in a bear market situation.
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November 11, 2021, 09:44:49 PM
 #94

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.

Everyone should be thinking about this and aim to spread their money around numerous different assets. Sure Bitcoin could go a lot higher from this point and it's looking very likely, however it is currently at record highs which often leads to corrections. If you just had small holdings of Bitcoin this might be irrelevant, however if you have large holdings of Bitcoin that you've held for a long time with few other assets - then selling off a portion to buy property, stocks or just having a nice amount of cash would be a prudent idea. As you suggest, it is a matter of when and not if, Bitcoin will turn bearish again at some point as it has done many times before - you can even get more in the buying opportunity presented if you have liquid assets elsewhere.

R


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topbitcoin
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November 12, 2021, 03:54:04 AM
 #95

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?



Thanks.
Common answer maybe short, but if me when bear trends come usually i am holding fiat and wait for right moment to trade. Because sometimes i easily to panic, even doing short, price will bounced too, and it can made i lost in trade. That is why for me wait is better until market stable.

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November 12, 2021, 06:59:28 AM
 #96

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?



Thanks.
Common answer maybe short, but if me when bear trends come usually i am holding fiat and wait for right moment to trade. Because sometimes i easily to panic, even doing short, price will bounced too, and it can made i lost in trade. That is why for me wait is better until market stable.
How long you can hold Fiat when bear comes\? aren't you triggered to spend the funds since this was being converted into Fiat and not moving up or down?  why instead in converting to fiat make it worth at Cheaper crypto?
liek Dogecoin or at least Shiba Inu? or at least other coins?
Don't think about doing a panic sell. When the bear market attacks, I do nothing, stay HOLD and buy more at a low price and will get a profit when the price goes up again. Bear market is a discount event for us
depend on which coin you are holding right? if shitcoin or memecoin do you think it is advisable to continue holding?

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November 13, 2021, 12:11:18 PM
 #97

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.

Cryptocurrency has bullish and bearish season. As much as bullish market is beneficial to most people who are doing crypto, we can't also deny the fact that bearish market is inevitable. Hence, you shouldn't just only rely on crypto because there will be days that the market would just be red. If you sell, you lose. It's really advisable to make many stream of income so that when bearish market enters, we have income generating fall backs.

Diversify your funds. Allocate it in different investment vehicles that are reputable and trusted. You could check how stock market works and see if you'll have the gist and like it.  You could also make use of your passion to have some sort of side hustles that could make some money alongside with watching the market movement. Or you can start a small business that is relevant and needed by the people in your community. You can also freelance online with the skills and talents you have. Selling something could be an option too. You see, there are so many things that you can make a profit with. You just have to be creative, strategic, and determined. After all, it isn't always christmas in crypto. There are low and saddening days too. We just have to utilize the resources we have to survive while the market is still on its low phase.
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November 14, 2021, 10:45:35 AM
 #98

We have different methods to make money when bitcoin approach to bearish time or method, before them i think we have to reason ourselves together, from my opinion i think before bearish if you want to invest the best thing is purchase bitcoin that the market is some how buyable and affordable and immediately we enters bearish market we can make huge amount of money.

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November 14, 2021, 11:37:29 AM
 #99

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.

If you are good in reading the charts, you might wanna go for shorting BTC but it’s considered high risk as the market cannot be predicted. Since BTC is the world’s most popular and the ultimate mother of all cryptocurrencies, the less risky way is just simply holding it because you can’t deny that BTC’s value will rise once again.

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November 14, 2021, 12:05:00 PM
 #100

Not everyday is Sunday, you can't make profit everyday. I being Not good in day trading or short term trading like to accumulate btc when it gets bearish and will sell when it goes up. There are traders who make money whether its bearish or bullish season since they have necessary experience of handling wild fire of cryptocurrency. New commers must go for hodling.

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