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What Should You Do When Crypto Is Being Bullish and Bearish?

  • Thread starter Thread starter Suba
  • Start date Start date
The tip that was given to me by a friend who is into Bitcoin and Eth is to buy only when the price is low. That means I have to monitor the daily market price to have an idea of the prices. When the price goes up then it is a good time to sell my holdings. I hope this helps.
 
HayKay said:
It's to be patient when the market is bearish and you can sell off some coins when it is bullish.
But one thing I'll advise when the market is bearish is, to buy some coins then - a lot of panic sales will be made and if after you've done your due diligence, you're sure it'll bounce back, you can buy
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Even in the red days, it's advisable to buy in parts using a step called dollar cost average. Like we saw in May, the correction can come in different parts even up to 3 times.
 
Alexandoy said:
The tip that was given to me by a friend who is into Bitcoin and Eth is to buy only when the price is low. That means I have to monitor the daily market price to have an idea of the prices. When the price goes up then it is a good time to sell my holdings. I hope this helps.
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You can also set notification on some Decentralized wallet like Trustwallet . You will be notified with each rise or fall in the price of the chosen crypto
 
I am familiar with the terms and I think when the market is being bearish, it actually poses a time for us to invest in the coin so that we would actually earn profits or withdraw our earnings when the market turns bullish
 
You buy and hold to make profit on rainy days. This method has eventually made some crypto traders millionaires.
 
When you see the cryptocurrency market being bullish and at the same time being bearish too, that is a the time you should be entering or taking either of the positions. Just wait it out
 
If you are a trader, you should make use of bullish market and bearish market. You should start buying cryptos when the market is bearish and you should start selling when the market is bullish.
 
These are the two phases of crypto currency.
The bullish phase and the bearish phase.
The bullish is when the price is rising and the bearish is when the price is falling.
I sell when the price rises and I buy more coins when the price is falling
 
You buy more of cryptocurrency assets when the market hit the bearish. If you can sell you have to to correct as it when the market hit the bullish.
 
Nurudeen said:
In the crypto currency exchange Business the best thing to do when the market is going bullish is to always take profit or else the market will take it back and when the market is going bearish you buy the dip
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Exactly, when the market is going bullish is always the best time to sell you coins and make profits before bearish run starts to avoid the a dip in the value of your available investment.
 
Smart investors who know how crypto work and have been investing in crypto for a while know that it is best to buy when the market is bearish and sell when it is bullish, buy low and sell high, that way you take profit
 
I think if a coin should face some temporal setback or being bearish, that's the time to invest more into the coin as long as it still stand the chance of being bullish again. If it's getting bullish, I for one will sell the coin when it gets to a certain percentage
 
I think ne of the basic of trading in the market is to take advantage of the narket when it is bearish and buy at that time, and waite for it to appriciate to a very reasonable level to sell,that is the wish of most investors.
 
Dowenship said:
In crypto currency, there are two season which are the bearish and bullish season. During the bearish season its always advisable to hold 80% of asset in usdt/fiat and remaining percentage in other coins...
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I sold of my coins to my usdt asset last month during the bear run which I now realise was not a smart move, imagine buying bitcoin when it was low as $35 and selling now at $61
 
I want to commend you for taking your time to post such a long and useful information. I want to say that it is very important for traders and holders to know how to take advantage of bull run and bear run of the market instead of rushing to sell or buy in panic. It is just my opinion. Thanks for sharing.
 
Suba said:
I believe, you are familiar with the terms bullish and bearish, even so I will try to explain in simple and short language.
Bullish can be interpreted as a situation where crypto prices are positive, so crypto prices will go up more often than down. People often call it the Bull Market. Of course, every trader and investor has a different strategy to profit from the Bull Market.
Bearish is the opposite of bullish which means price declines and this is commonly referred to in the bear market phase. Usually there will be a price drop of more than 20% and will last a long time.
Investors and traders will see the trend that is developing at that time to determine whether it is bullish or bearish. Experienced investors and traders will always be able to take advantage of both bullish and bearish conditions to take profits.
So What should you do when crypto is being bullish and bearish, so that it can make a profit?
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In cryptocurrency trading, both opportunities offer the chance for you to buy long and sell short respectively. If you know the best market entry price, you join the market and milk it while you can.
 
Personally I would good number of coins both small and big and I study them at intervals so whenever I discover a particular coin of coins that fluctuates shortly I tried to trade such coin on short-term basis especially the percentage rise is up to 15% in a short time.
 
Suba said:
I believe, you are familiar with the terms bullish and bearish, even so I will try to explain in simple and short language.
Bullish can be interpreted as a situation where crypto prices are positive, so crypto prices will go up more often than down. People often call it the Bull Market. Of course, every trader and investor has a different strategy to profit from the Bull Market.
Bearish is the opposite of bullish which means price declines and this is commonly referred to in the bear market phase. Usually there will be a price drop of more than 20% and will last a long time.
Investors and traders will see the trend that is developing at that time to determine whether it is bullish or bearish. Experienced investors and traders will always be able to take advantage of both bullish and bearish conditions to take profits.
So What should you do when crypto is being bullish and bearish, so that it can make a profit?
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Thanks for the explanation.
I would say it is advisable to take advantage of the bullish season of crypto currencies and accumulate profits.
During the bearish season, you should be more careful not to incur losses.
 
You do not force yourself into a trade because you feel you must make that trade. In such a situation, I would love that you wait for another proper entry signal of either a completely bullish or bearish trend before making any decision
 
Sometimes profiting in a bull run is the best as you can quickly join the trend and win profits. Some investors depend on the bearish run and hope that the coin will go up soon. These two terms are must know for every crypto traders investors
 
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