What can you do aside from sitting and waiting

[JiiBs]

When the market is down, what should we do? Should we just wait and watch the market’s every little move? No. What else can we do to earn money? That is what we should be asking.

There are a lot you could do at any point in the market. The prices is always moving on the charts, showing the activities of buyers and sellers.

Should it become appealing to you to either save, buy more for the purpose of holding, sell your going for fiat, swap your it’s USDT equivalent because you hope to buy back when the market is rising and profit off it… all that are in your hands and off your doing.
You only need to understand the risk of your adventure and that would go a long way in defining just how well you might do in the decision you make.

[Ziskinberg]

What is wrong with sitting and waiting until bitcoin recovers? Not all bitcoin investors are totally focused on it, some are just doing it during their spare time, when day job is over or when its a break time. So the only thing to do is just to wait patiently until bitcoin shows a positive sign. These are the kind of people who can stay calm despite how bitcoin price is dropping low, and for me that's the advantage if you treat bitcoin as a side hustle, because you have a permanent job always with you.

The thing is, bitcoin price will always recover, that's for certain, and history repeats with regards to how bitcoin price moves up or down.

[adaseb]

When the market is down, what should we do? Should we just wait and watch the market’s every little move? No. What else can we do to earn money? That is what we should be asking.

First, don’t forget that DCAing is a notable strategy. Instead of just waiting, this can be done to maximize the time where bitcoin is declining. Second, find side hustles that pay in bitcoin. There’s a lot of works in the virtual world where they pay in bitcoins. Third, learn more. Learn new skills if needed. But just try to learn more about bitcoin. I know I am already familiar with bitcoin, but there’s too many things I have not encountered yet and I believe I can be of better part of the society if I did understand that experience.

Yes you basically buy it and just don’t check the price anymore. Most investors which are profitable are those who just buy it and forget about it for a few years and sell it then. These are generally retirement accounts where people buy and hold for 25 years and then retire.

Active traders who keep checking the price everyday and trading usually don’t make any money long term. It has been proven many times that buy and hold is the best strategy and to avoid overtrading.

[Marvell1]

What is wrong with sitting and waiting until bitcoin recovers? Not all bitcoin investors are totally focused on it, some are just doing it during their spare time, when day job is over or when its a break time. So the only thing to do is just to wait patiently until bitcoin shows a positive sign. These are the kind of people who can stay calm despite how bitcoin price is dropping low, and for me that's the advantage if you treat bitcoin as a side hustle, because you have a permanent job always with you.

The thing is, bitcoin price will always recover, that's for certain, and history repeats with regards to how bitcoin price moves up or down.

Only those who have gone all in on bitcoin and this market, and see it as a way to get rich quick or change their lives, are worried about what to do next when the market goes downtrend. But for those who have long-term plans, know how to diversify their income sources, do not want to depend too much on the market and become passive. For them, there is nothing wrong with waiting.

Furthermore, bear markets are inevitable, and anyone with experience or who has taken the time to learn about bitcoin knows that. This is not a secret so there is no need to be surprised or panic, on the contrary this is an opportunity. I even expect the bear market to be as long and intense as possible, and to me, that would be a great opportunity.

[aylabadia05]

When the market is down, what should we do? Should we just wait and watch the market’s every little move? No. What else can we do to earn money? That is what we should be asking.

I don't trade Bitcoin, and for traders who trade Bitcoin to target profits and accumulate every bit of profit, they have their own strategies for dealing with market conditions that experience both declines and rises.
When the market is down, they might use their money to buy. Selling is definitely not the case.

The advantage of people who don't trade Bitcoin but choose to focus on their DCA to invest in Bitcoin is that they aren't seriously burdened by how they can make money quickly.
Instead of waiting and worrying about how to make money when the market price drops, those who have prepared fiat will buy and profit from the Bitcoin they acquire, unlike usual.

[SmartGold01]

As the market keeps fluctuating one can certainly hold other currency such as USD against there local Fiat. For instance; when the dollar is gaining higher than their local currency they can hold dollar against their local currency it would enable them have much higher value when they are selling back to their local currency. Again, DCA is always the best thing to do at a time like this when price is declining.

[Awaklara]

When the market is down, what should we do? Should we just wait and watch the market’s every little move? No. What else can we do to earn money? That is what we should be asking.

When you already have enough Bitcoin in your wallet, you probably won't worry too much about small movements in the market. A downturn won't make you panic to buy. Every investor has their own plan for the investments they have made. If you invest with DCA, then you can maximize it. Meanwhile, other investors who have already invested a large amount just wait for their target to be reached.

[YOSHIE]

When the market is down, what should we do? Should we just wait and watch the market’s every little move? No. What else can we do to earn money? That is what we should be asking.

As far as I know, there are many things you can do when the crypto market is like this, apart from waiting for the next halving, for that reason there are speculative trading methods, if you understand that you can do it.

It is true that the work of waiting is very tedious, but patience will usually bring good and good results, many people do things like that, so do anything that can produce results other than waiting.

[skarais]

~~~

As far as I know, there are many things you can do when the crypto market is like this, apart from waiting for the next halving, for that reason there are speculative trading methods, if you understand that you can do it.

It is true that the work of waiting is very tedious, but patience will usually bring good and good results, many people do things like that, so do anything that can produce results other than waiting.

Traders can still profit from the market under any conditions, but of course this requires skill.
There will always be traders who profit in the market, as well as those who lose, but this is about trading where no one is able to maintain consistent profits on long term. Traders will buy low and sell high, the profit percentage depends on their own plan, but the lower it is, the closer they are to consistency.

[Orpichukwu]

When bitcoin is up you're even supposed to stack up enough cash to be used during the bear market or when the price is low so you can lump sum into the bitcoin, so whatever you're doing should be backed with plans to buy more doing low price and now wait or beginning to find what to do during those days. And also do not forget that trading is not limited to up days or down days it's for everyday regardless of bear or bullish market.

[Rampagoe004]

When bitcoin is up you're even supposed to stack up enough cash to be used during the bear market or when the price is low so you can lump sum into the bitcoin, so whatever you're doing should be backed with plans to buy more doing low price and now wait or beginning to find what to do during those days. And also do not forget that trading is not limited to up days or down days it's for everyday regardless of bear or bullish market.

When the value of Bitcoin or altcoin is increasing, we must be able to take advantage of every trade we make, and when the value of the coin decreases, we must be able to buy from the results of the trade. This is what we must do every time if we are focused as investors or traders. Don't sit around waiting, it's a waste of time. As you said, trading is unlimited, so we can monitor price movements at any time. If we are confident and ready to take risks, profits are always there, so we also need skills in trading.

[passwordnow]

There are times that you don't have to react with how the market is doing. If it's going up and you're not yet content with the profits, don't react and you'll see what you've missed. And if it's going down, you don't react and you'll understand what you should have to be done. I'm not reacting when the market have been down lately and it did good to me. My positions are still fine, my holdings are still intact, I've sold some and will continue to buy whenever I feel that I should do it and when the money is ready. You don't have to be so hyperactive at all times IMO and all you have to do is to observe.

[Joy- maker]

When the market is down, what should we do? Should we just wait and watch the market’s every little move? No. What else can we do to earn money? That is what we should be asking.

First, don’t forget that DCAing is a notable strategy. Instead of just waiting, this can be done to maximize the time where bitcoin is declining. Second, find side hustles that pay in bitcoin. There’s a lot of works in the virtual world where they pay in bitcoins. Third, learn more. Learn new skills if needed. But just try to learn more about bitcoin. I know I am already familiar with bitcoin, but there’s too many things I have not encountered yet and I believe I can be of better part of the society if I did understand that experience.

I don't understand is it when the market is down you take  DCA serious? learn new skills in other to get a job that will pay you in Bitcoin? And to learn more about Bitcoin in other to acquire more knowledge about it? If all this thing's are what you do when ever the market is down, then you must be kidding me and that's true. you can be doing all this thing's you and you mentioned and not necessarily wait for the market to be down before you start doing them. You don't have to seat back and watch all the market slite move, for that me that is the appropriate time to buy Bitcoin aggressively and hold instead of seating back and wait and wasting all the buying opportunities presented to you by Bitcoin.

[serjent05]

When the market is down, what should we do? Should we just wait and watch the market’s every little move? No. What else can we do to earn money? That is what we should be asking.

If you are familiar with the market and its movement, aside from DCA-ing, you can also try scalping to take advantage of the volatility of Bitcoin.  If done successfully, it can make our Bitcoin holdings grow while waiting for the market to uptrend, thus, our profit will be exponential.  But if we are not familiar with scalping, I suggest otherwise, looking for job to earn cryptocurrency is not bad at all and it is one of the best methods to accumulate cryptocurrency without spending a dime.

[Stormisover]

It all depends on what you think you are waiting for, for those that don't have a discretionary income to invest in Bitcoin they can be spending time and be learning about Bitcoin as they are working on improving their finances instead of just sitting and waiting , Bitcoin is not waiting for anyone those that have money to invest can do that right away instead of waiting because the can take a new shape even when we least expected and while DCA is always spotted on to be use.

[Pandu Geddon]

It all depends on what you think you are waiting for, for those that don't have a discretionary income to invest in Bitcoin they can be spending time and be learning about Bitcoin as they are working on improving their finances instead of just sitting and waiting , Bitcoin is not waiting for anyone those that have money to invest can do that right away instead of waiting because the can take a new shape even when we least expected and while DCA is always spotted on to be use.

Those who have enough money to buy will usually wait for the price to drop. Some have already predicted a deeper price decline, which might trigger a waiting reaction for those who want to buy. But for those who only have a small amount of capital, DCA can be done consistently. Those who are already accustomed to DCA may not need to wait for anything, because we have indeed seen some declines that would certainly be profitable if bought now and enjoyed in the future.

[Lanatsa]

When the market is down, what should we do? Should we just wait and watch the market’s every little move? No. What else can we do to earn money? That is what we should be asking.

First, don’t forget that DCAing is a notable strategy. Instead of just waiting, this can be done to maximize the time where bitcoin is declining. Second, find side hustles that pay in bitcoin. There’s a lot of works in the virtual world where they pay in bitcoins. Third, learn more. Learn new skills if needed. But just try to learn more about bitcoin. I know I am already familiar with bitcoin, but there’s too many things I have not encountered yet and I believe I can be of better part of the society if I did understand that experience.

I don't understand is it when the market is down you take  DCA serious? learn new skills in other to get a job that will pay you in Bitcoin? And to learn more about Bitcoin in other to acquire more knowledge about it? If all this thing's are what you do when ever the market is down, then you must be kidding me and that's true. you can be doing all this thing's you and you mentioned and not necessarily wait for the market to be down before you start doing them. You don't have to seat back and watch all the market slite move, for that me that is the appropriate time to buy Bitcoin aggressively and hold instead of seating back and wait and wasting all the buying opportunities presented to you by Bitcoin.

Waiting and watching every little move in a down market is just wasting time and opportunities that’s when people with the right mindset actually make their biggest moves because when everyone’s scared the prices are cheap and that’s where the real profits are made later. DCA should always be active but it becomes even more powerful when the market is red since you’re buying more sats at lower prices you don’t have to go all in at once just stay consistent because that’s how wealth is built quietly over time.

Learning and finding ways to earn in bitcoin should be something ongoing not just when the market dips but during a bear market it’s the perfect time to focus more on building skills and stacking more sats while things are calm so that when the bull run comes again you’ll already be in position. So instead of watching the charts panic or freeze up use that time to buy smart learn more and prepare for the next wave because the people who take action in red seasons are the ones who win big when it turns green.

[icebar]

When the market is down, what should we do? Should we just wait and watch the market’s every little move? No. What else can we do to earn money? That is what we should be asking.

There are some investors who are happy when the market is down, while there are some investors who panic and sell their assets. If an investor only does DCA when buying Bitcoin, even if the market is down, his Bitcoin will increase. There are many who start investing aggressively when the market is down and in the long run, those investors will be able to benefit the most from Bitcoin. When the market is down, you should not panic and buy as much as possible. There are many investors who panic when the market is down and invest when it is bullish. So, if you invest after the market is bullish, the possibility of losing that investment increases. A common trading strategy is to buy at a low price and sell at a high price, but if the market goes down, do not buy at that time and buy when it is rising, which is definitely a loss.

[JoyMarsha]

We have things running in our life before the market start to be down. The market being down doesn't put a stop to what we have been doing for a long while.  Whatever that it is, that you have been doing that provide and gives you money to invest in Bitcoin through DCA, ride on with it because nobody knows when this bearish market we are about entering will come to an end

[Adams0001]

First, don’t forget that DCAing is a notable strategy. Instead of just waiting, this can be done to maximize the time where bitcoin is declining. Second, find side hustles that pay in bitcoin. There’s a lot of works in the virtual world where they pay in bitcoins. Third, learn more. Learn new skills if needed. But just try to learn more about bitcoin. I know I am already familiar with bitcoin, but there’s too many things I have not encountered yet and I believe I can be of better part of the society if I did understand that experience.

You must not wait until the market in down before doing any of these things you listed out, to get a side hustle you must not wait until Bitcoin price is down, you must not wait for a dip before you start learning more about Bitcoin or anything else, to learn a skill you must not wait for Bitcoin dip. Make your self very useful  and make good use of your time so that you will always be ahead of time because time doesn't wait for you. If you have worked and saved up some money already before a dip, you will have to be buying with the dca strategy, you might already have had a side hustle or must have learned a skill that will be generating more income for you which you can be investing into Bitcoin always during the bear cycle. If you start looking for a hustle when the price is low, then how do you get money to be buying more.

You are right,  you can't wait for bitcoin price to dip before making research about bitcoin more. The moment you start investing in Bitcoin that is the time you will be learning and be getting more experience about bitcoin waiting for bitcoin to drop before doing another thing I think you are absolute wrong, no one will advise you should stop learning thing the price is down before you start learning about bitcoin. Skill is very important to learn because that will always sage you when you invest in bitcoin and the makers is bad you can used your skills funds that you are generating to top your bitcoin investment when the price is down. And if you are using method many people are using to invest on bitcoin DCA, he will make your thing easier but just know that is not always easy to achieve your goal in Bitcoin you need to face some challenges and if you're patient you can handle them all.