Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: MOProgress on November 23, 2018, 05:01:28 AM
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I see the bear market so long and everyone hoping for it to be over, some people still strongly believe that crypto has come to stay, which I also believe the same. But I want to know if somebody can make profit during bear market like this, How can?
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I see the bear market so long and everyone hoping for it to be over, some people still strongly believe that crypto has come to stay, which I also believe the same. But I want to know if somebody can make profit during bear market like this, How can?
Well yes you can make profits during the bear market by trading. It's as simple as that
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Yes one can make profit during the bear market if you have appreciate able coin that gains more value during that time of downtrend of cryptocurrency market some coin can surface from nowhere if you have such coin that time you are sure of making profit.
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Yes, it can. As long as there is a margin between decline and rise, people still can rise profits. Moreover, there are price differences among exchanges, so everyone can do arbitrage with this fact. I guess there are many people earning from this way.
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In bear market who earns is the first one that dumps.
Indeed, the idea is buy low to sell at the first bounce.
It's difficult but is possible.
I define it speculation.
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if we can see the opportunities that exist and use them to get the profit then we can get them. we must keep calm in facing the unstable crypto market because if we panic then we can do things that are risky and make us get the bigger losses.
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I see the bear market so long and everyone hoping for it to be over, some people still strongly believe that crypto has come to stay, which I also believe the same. But I want to know if somebody can make profit during bear market like this, How can?
There are ways like day trading where you can make some profit out of crypto but end of the day if you cash out what you earn from day trading most probably the bear market price will affect you as well.
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You need to be a skilled trader because Day trading is the only way to make profit on a bear market. Search for the "Dead Cat Bounce"
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one can make profit during the bear market if you have appreciate able coin that gains more value during that time of downtrend of cryptocurrency market some coin can surface from nowhere if you have such coin that time you are sure of making profit.
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I think yes, some people still make profit in this bear market, some expert traders do make profit, the market is not even a challenge to them.
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Once you held search for that throughout crypto possible finding will be YES there are more who have profit despite of this long bear market. Referring to thousands or millions of crypto people not just hundreds.