It seems that the market is not yet stable so that the price of coins on the market is still fluctuating, but this is an opportunity to make a profit by buying coins that you think are good to buy and sell, you just have to pay attention to when is the right time to buy and sell. For long-term investment advice, it is better to buy bitcoin because the risk is very small, but if you have large capital and for short-term investment, it is better to just buy altcoins or memes listed on the coinmarket.
Considering the fact that markets are constantly evolving it is wise to remain as cool as a cucumber while seizing opportunities that come one’s way. When adjustments occur, chances to acquire the assets cheaper are likely to be available especially if long-term outlook hoves for the particular asset. Regarding the security aspect Bitcoin is indeed more secure for the long-term investment, on the other hand, the shiny high-performing altcoins or tokens can been a very attractive investment opportunity if one is ready to take on more risks over a short period of time. The first one is careful calibration of the amount of risk that everyone is willing to take in the hope for getting more rewards.
- Most of the time during bearish season, what others do to keep their assets safe is just hold for the long term and buy cryptos that they want to accumulate because crypto assets are usually cheap during bearish season.
It is also difficult to keep up with trading activity in a bear market, especially if you are not deep in this field of crypto space, because if you try to keep up,
you will be left behind in the end.
As you can study from the above chart, bearish seasons can actually give us one of the best opportunities to rethink the market and realign ourselves. Bargain hunting for an existing asset that we hold and use the low prices in the market to accumulate becomes efficient if we have faith in the asset. But balance is essential, especially when we start trading actively without really having a clear strategy. This way, one can stay on the right path, even when the market IS working against us and IS giving us a loss.