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

[Suba]

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?

 

[Dowenship]

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...

 

[Nurudeen]

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

 

[Snazzy001]

When the cryptocurrency is in bullish, I think at this point in time it is important to invest more and make profit within that time, but if it is the opposite, I shouldn't even invest at that time

 

[Georgeadawara]

When it rise that is our bullish when it reach to a certain level then I can close my market
And when is bullish and it reaches to a certain level I close it too

But not with the aspect of trading

 

[Bookwormlux]

I take profits in a bullish run and then make sure I save enough USDT that would enable me buy more coins during a bearish market.

 

[eLdavis]

Most times I don't hold for long if it rises to a specific amount in value I sell half of it and leave the rest to keep on rising. When the price goes down, I hold and wait until it goes up again.

 

[HayKay]

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

 

[Filicit]

When the market is bearish buy, imagine if someone bought bitcoin during the dip when it reduces drastically to about 28k dollars and now sold when it's about 40k and when there is a bullish run, hold.

 

[Bookwormlux]

This particular seasons are very difficult for me as I tend to lose patience most times which makes it hard for me to make as much profits as I should.

 

[Yusuf]

As a crypto currency Investor or trader the best thing to do if a coin or the market is going up is to sell and buy back when the market is low and the best thing to do when one is in loss is to hold

 

[Kingstone]

Yeah. That is the principle. Buy when it's low and sell when it's high. But it's not always straightforward. Market may go south and it will test your patience to the edge.

 

[Niftyyem]

The bearish market is perfect for accumulating coins at very low prices and when the bull market starts, you begin your profit taking on the coins already bought.

 

[GIFTMICHAEL]

Since I have clear view that cryptocurrency works mainly through the help of bear and bullish runs. Without those two factors traders wouldn't be making something tangible out of it.

 

[Hena101]

What to do when it's bearish is to buy and wait till when the bullish begin and reach a certain time that you make profit then you sell and wait for another bearish to buy.

 

[Kelly5]

The common rule of thumb for cryptocurrencies purchases and Sales is to buy the dip always and to sell the pumps always. That's how simple it is to master the cryptocurrency market

 

[Chizfab]

During bearish, l think it's the time you buy and hold on to it till the phase passes, then you get to sell during bullish season. The two seasons are opposite of each other, it's not a complex terms as it's well explanatory to even a newbie.

 

[kayode10]

You should buy more of cryptocurrency when the price is going down in the marketplace and do the opposite of the prices going up. This will give you chance to make quick profit with your investment in cryptocurrency.

 

[mcjerry]

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?

Which Evey way it goes, ther are still profit to be made. like if it goes up then good one for the investors. but if it goes down then the traders can use this was an advantage to them

 

[Chibson]

The best time to buy cryptocurrency is when it is bearish and sell when it is bullish. This is the method a lot of people have used to make profit.