🔥Why does a bear market make traders rich?
🔥 Why does a bear market make traders rich? The answer is very simple. All really rich people can buy any asset at a big discount. In crypto this discount can be up to 80% and sometimes more than 95%.
📊 But why is it a bear market and not a bull market that makes traders rich?
A bull market helps active traders (scalpers, swing traders) a lot, especially to quickly build up their capital if they are trade follow the trend.
Also, it`s a good time to study trade and when the real bull market return you will be highly prepared to this!
🚩 While the market is out of trend and certainty, the biggest upside potential for cryptocurrency is at the end of a bear market, as it was in: 2017, 2019, 2020 and possibly now in 2022.
Never can crypto give more profit than the one bought at the end of a bull market. For example, Bitcoin at $3200, which rose to $69,000. That's 20x to your deposit. And you just need to buy close to the bottom (green areas).
📊 Which strategy should I use to buy crypto?
The best strategy for that is DCA. This strategy helps to get an average buy price over a certain period. That way you won't make the maximum profit, but you won't incur huge drawdown when buying crypto.
In the following tutorials I will tell you about the DCA and the advanced DCA used by professionals to buy crypto on the spot.
🔥Also you can check the Greendwhich indicator that help to BUY crypto at the bottom and sell close to the HIGHS. The additional module helps to increase the number of crypto during the bull market growth.
✅ My recommendation is not to buy more than 30% of altcoins on spot because 95% of them will disappear forever after a bear market.
✅ I suggest focusing on buying Bitcoin and the biggest altcoin Ethereum. They should be the biggest part of your portfolio if you want to buy cryptocurrency on spot (long term).
🚩 Write the comments, if you have a question about this topic. Do you agree with this idea or have smonething to add about the highest possible profit?
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
📊 But why is it a bear market and not a bull market that makes traders rich?
A bull market helps active traders (scalpers, swing traders) a lot, especially to quickly build up their capital if they are trade follow the trend.
Also, it`s a good time to study trade and when the real bull market return you will be highly prepared to this!
🚩 While the market is out of trend and certainty, the biggest upside potential for cryptocurrency is at the end of a bear market, as it was in: 2017, 2019, 2020 and possibly now in 2022.
Never can crypto give more profit than the one bought at the end of a bull market. For example, Bitcoin at $3200, which rose to $69,000. That's 20x to your deposit. And you just need to buy close to the bottom (green areas).
📊 Which strategy should I use to buy crypto?
The best strategy for that is DCA. This strategy helps to get an average buy price over a certain period. That way you won't make the maximum profit, but you won't incur huge drawdown when buying crypto.
In the following tutorials I will tell you about the DCA and the advanced DCA used by professionals to buy crypto on the spot.
🔥Also you can check the Greendwhich indicator that help to BUY crypto at the bottom and sell close to the HIGHS. The additional module helps to increase the number of crypto during the bull market growth.
✅ My recommendation is not to buy more than 30% of altcoins on spot because 95% of them will disappear forever after a bear market.
✅ I suggest focusing on buying Bitcoin and the biggest altcoin Ethereum. They should be the biggest part of your portfolio if you want to buy cryptocurrency on spot (long term).
🚩 Write the comments, if you have a question about this topic. Do you agree with this idea or have smonething to add about the highest possible profit?
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
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