Show a newbie the way

[QueenVera]

Now that bear market is slowly taking over the market what can a newbie do to make money in a bear market? Staking is a bad idea in bear market I heard, even mining coins are not profitable in bear market too so what's the way forward?

Investing is the only way, you invest now to profit in the bull market and not the other way round. People tend to invest in the bull market and sell in the bear market. Do not panic as you see the market getting dumped, this are discounted coins and if you have the money you should start getting as much valuable ones as possible. The valuable ones are those that have very strong fundamental and community backing them  we have coins like Bitcoin, Ethereum, Binance coin etc.

You can invest then stake to get some passive income that goes right back into reinvesting in your portfolio projects. Always use your spare so you do not go digging into your investment for funds to go by the day. Many people make this mistakes and that is why they find it hard to hold through their investment.

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[GeorgeJohn]

Now that bear market is slowly taking over the market what can a newbie do to make money in a bear market? Staking is a bad idea in bear market I heard, even mining coins are not profitable in bear market too so what's the way forward?

In bear market you can purchase different coins and keep, like example, invest for long term and when market bull run come it will make a changes, because this bear market is exactly advantages in all ramifications of any cryptocurrencies and especially bitcoin  as it decreases, a newbie will who is not acclimatized with cryptocurrency should make long term investment i think it should be more better and wait for bull run, because is obvious that Bull run we will experience it before this year run off.

[judaspriest]

learn and keep learning, don't be bored to ask your close friends, join the bounty forum, to be able to increase your knowledge about how to use, mine and invest in bitcoin, do bitcoin trading, use a wallet that is really safe to avoid theft, because Most scammers target is beginners.

That's right, the most important thing is that we enjoy the learning process.
besides that we can take advantage of various platforms to learn,
more experience is also important and there is no need to be afraid of failure because it is part of the learning process

[Dr.Osh]

Now that bear market is slowly taking over the market what can a newbie do to make money in a bear market? Staking is a bad idea in bear market I heard, even mining coins are not profitable in bear market too so what's the way forward?

buy popular coins like bitcoin, ethereum, BNB or others, then hold them. if you feel that staking and mining has a small advantage, then another option is trading, or participating in airdrops or bounties. well, there is a possibility that the bull market will happen again, and make the bitcoin price close to its ATH, this will make the altcoin price also recover.
however, buying popular coins and holding them for the long term is one path that I think is still worth it today.

[mamesso]

Now that bear market is slowly taking over the market what can a newbie do to make money in a bear market?

For novice investors and traders, bear markets are very dangerous (as are the case in the crypto market today). When you enter a bear market, wrong decisions can cost you a lot of money, especially if you buy crypto assets with weak fundamentals.
But on the other hand, although bearish is considered a bad trend in the crypto world, You can take the opportunity to buy crypto assets that have strong fundamentals at low prices in the hope that they can give you a profit of up to 15%-20%. You can use technical analysis in order to choose the right crypto asset.

[susuberuang]

That is why we should invest in education about trading so we are able to spot potential change of long-term trend. Everything can be seen in the charts. go check out smart money, institutional investing and find someone who teaches this things.

It's hard to find people who want to teach a science for free now if the rewards are not clear unless you have close friends who are very reliable in this field, because now all that time has begun to be valuable and has also begun to be very well appreciated.

[nimogsm]

I don't agree that stacking is a bad idea.In such a market, it is not a bad idea to buy an asset cheaper and later receive not only dividends, but also the growth of the asset itself.Choose those assets in which you have no doubt and act solely on your own.

[Saisher]

Now that bear market is slowly taking over the market what can a newbie do to make money in a bear market? Staking is a bad idea in bear market I heard, even mining coins are not profitable in bear market too so what's the way forward?

There's hardly money to be made in the bear trend even staking or mining because the market keeps going down, you can only do two things and these are trade your coins for stable coins and buy back all your coins when the market gets better, or let your portfolio stays and add or buy more tokens and coins with good potential, with the hope that when the market improves or we are in a bull run you can take profit, the latter is a good choice if you are a risk-taker and only invest what you can afford to lose.

[yayayo]

I don't agree that stacking is a bad idea.In such a market, it is not a bad idea to buy an asset cheaper and later receive not only dividends, but also the growth of the asset itself.Choose those assets in which you have no doubt and act solely on your own.

I second that @nimogsm. It is not bad, but the rate of success will depend on the decisions that will be made. Primarily, the projects or coins to be chosen on which investment will be inputted. The potential success, rate of progress, and the credibility of the team must be validated before doing so. Nonetheless, research is the key move.

ya.ya.yo!

[kojektea]

If you're not bored, wait is better. Because it's very difficult to take a moment in this bear market. At least by waiting we don't get a loss. The cryptocurrency market is full of risks whatever we go through must be prepared for the risks.

[TribalBob]

to start, you just need to buy coins when the coins are under, so you can get a pretty good profit later, choose coins that are productive to give long and short term profits,
For staking I think it can be done anytime for stablecoins, not for top 10 CMC coins

[superman184]

Now that bear market is slowly taking over the market what can a newbie do to make money in a bear market? Staking is a bad idea in bear market I heard, even mining coins are not profitable in bear market too so what's the way forward?

If you are hesitant to invest in crypto that fluctuates in price, then you can choose a stable crypto to invest in. So the loss rate is smaller, but the profit rate is also very small compared to you investing in volatile crypto peppers.

[Coyster]

Let's now forget the market for a moment, man. Thinking about profits in a bear market is very difficult, even from sources of income, such as mining will also be sorely lacking. We can only rely on non-cryptocurrency small businesses when the market is negative as it is now.

It's not just only when the market is bearish that we should either get a job in real life or start a business, it's counterproductive and wrong to solely depend on crypto earnings, one should always endeavor to have something doing asides investing or trading in crypto, cryptocurrencies are so volatile, and the market can go from good to bad and worse in a short time, if that happens, people who have other source of Income wouldn't panic too much cause they have other means of earning, and that would reduce the possibility of them panic selling.

[pauloaragaomelo]

If you are hesitant to invest in crypto that fluctuates in price, then you can choose a stable crypto to invest in. So the loss rate is smaller, but the profit rate is also very small compared to you investing in volatile crypto peppers.

The estimated profit is investing in Usdt and Busd stablecoins if only converted in local money but not for btc and other altcoins, although it is an optional option in investment but more profitable than those we hold in local money other than USD.

[so98nn]

Now that bear market is slowly taking over the market what can a newbie do to make money in a bear market? Staking is a bad idea in bear market I heard, even mining coins are not profitable in bear market too so what's the way forward?

Mining coins is actually way profitable in the bear market than you think mate. You just have to brace yourself with the bills and utility maintenance with your pocket money. However this is only for the period of bearish trend. Once market takes off you can easily earn handsome money and get the charges back for your pocket money.

The fact that miners actually love the bearish trend as you everyone is dumping during this period however you would be mining fresh coins during this period which you can sell at higher prices in the later times.

I am myself mining RVN (Ravecoin) since couple of years now.

I have seen this coin trading at $0.15, $0.12, $0.05. These were the different levels of pricing and I mined through all of them.

The $0.05 was the time when I made most of the profit from RVN because your "mining" stays the same however only the price is lowered. Its like you are buying at the lowest prices and then you can easily sell at the higher rates in later times.

[bitzizzix]

Let's now forget the market for a moment, man. Thinking about profits in a bear market is very difficult, even from sources of income, such as mining will also be sorely lacking. We can only rely on non-cryptocurrency small businesses when the market is negative as it is now.

It's not just only when the market is bearish that we should either get a job in real life or start a business, it's counterproductive and wrong to solely depend on crypto earnings, one should always endeavor to have something doing asides investing or trading in crypto, cryptocurrencies are so volatile, and the market can go from good to bad and worse in a short time, if that happens, people who have other source of Income wouldn't panic too much cause they have other means of earning, and that would reduce the possibility of them panic selling.

Trading or investing, we must be prepared for the consequences and also be ready to face risks, so don't rely too much on earning from crypto and make investing or trading crypto as a side because of its volatile nature.
And do it with money you can afford to lose and if you do it that way, you don't panic too much when the market is negative and stay focused on other income or real work.

[HardCore12V]

Safe some money and turn it into usdt or USDC, plan to build a portfolio in bear market, the real whales always do this and wait patiently for the right time to sell and take profits, be greedy when others are fearful and be fearful when others are greedy

[Hypnosis00]

Let's now forget the market for a moment, man. Thinking about profits in a bear market is very difficult, even from sources of income, such as mining will also be sorely lacking. We can only rely on non-cryptocurrency small businesses when the market is negative as it is now.

It's not just only when the market is bearish that we should either get a job in real life or start a business, it's counterproductive and wrong to solely depend on crypto earnings, one should always endeavor to have something doing asides investing or trading in crypto, cryptocurrencies are so volatile, and the market can go from good to bad and worse in a short time, if that happens, people who have other source of Income wouldn't panic too much cause they have other means of earning, and that would reduce the possibility of them panic selling.

Having multiple sources of income are the most ideal thing to do and if we want to see our life has a very comfortable life. Solely relying on one source of income is very challenging especially when you don't know how to manage your expenses. So if we can still carry to have a job and crypto investment then we have to make it. We need not lose this opportunity upon buying more coins at this hard time for crypto as taking a steps now will give us returns in the future.

[LUCKMCFLY]

Now that bear market is slowly taking over the market what can a newbie do to make money in a bear market? Staking is a bad idea in bear market I heard, even mining coins are not profitable in bear market too so what's the way forward?

It is delicate, because if the novice is willing to learn to be a trader, he has to know the way of Short and leverage so that he can win, as long as he is not delusional about what he can win, but rather tell or emphasize what he can lose, this is if he is of a trader style, now if the novice has a style more towards investment he has to go there, talk and say that it is an ideal time to buy and that he has to be very calm and very measured if the market goes down even more and sees his investment value in fiat in half, he has to learn to control emotions and sales impulse, the best thing is to read books by Warren Buffet, from Livermore, to learn multiple strategies applied by the biggest in the industry. story, this with the idea that you don't lose money.

[ScamViruS]

Now that bear market is slowly taking over the market what can a newbie do to make money in a bear market? Staking is a bad idea in bear market I heard, even mining coins are not profitable in bear market too so what's the way forward?

Bear market will give you time to gain knowledge about trading. You can use this time to build your trading skills so that you can use it in the near future to take advantage of the market. When the market situation continues to deteriorate, cryptocurrency has a lot of impact on all related businesses.

As a result of which there is no good opportunity to invest, when the amount of opportunities to invest in the market is very small then it would be a good idea to think of a way. So you have to use your trading skills and wait for the right time to enter the market.