Markets are scary right now, and while the situation is likely to worsen, it doesn’t mean investors need to sit out and watch from the sidelines. In fact, history has proven that one of the best times to buy Bitcoin is when no one is talking about Bitcoin.
Of course, nobody knew “when” this parabolic advance would take place, but the example is purely meant to illustrate that crypto might be in a crab market, but there are still great strategies for investing in Bitcoin.It’s helpful to be price agnostic when it comes to investing in assets over the long term. A price agnostic investor is immune to fluctuations in value and will identify a few assets that they believe in and continue to add to the positions.
When assets and price indicators are two or more standard deviations away from the norm, it’s time to start looking around. Some traders zoom out to a three-day or weekly time frame to see when assets correct to higher time frame support levels or previous all-time highs as a sign to invest.Others look for price to flip key moving averages like the 118 DMA, 200 WMA and 200 DMA back to support.
Downtrends, consolidation and bear markets are notorious for chopping up traders and reducing one’s portfolio size, so it’s unwise to trade against the trend unless one has a PNL positive method for trading during bear trends and some skill at shorting.
easy, just find a token that everyone is sleeping on, and yet still has high value. This could be said for Polygon, that's already seeing value coming back, as the market comes to the realization that L2's are vital for ETH utility and almost all practical applications
We are still geniuses in this bear market
The best trading during a bearmarket is to accumulate on strong BUIDLers that keep doing it when everyone else is broke. iEx_ec $RLC storj $STORJ cartesiproject $CTSI
Just simply, buy the rumors and sell the news
🚀 Thnks a millon.
🚀 Thnks a millon
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