What are your strategies in this bear market?

[Wakanda]

The last 24 hours has seen the price of BTC, ETH and other altcoins dropped by a significant price and traders are already skeptical if there is tendency and possibility of further decline thereby seeking alternative ways to boost and increase their holdings.

While the bear market may bite till the end of the year (not certain) before the pre BTC halving expected in April 24 of next year which could see price swing either ways, I have been looking for ways to diversify my portfolio but couldn't lay my hands on any.

Are there any events/opportunities traders can leverage on? I will appreciate if you could share.

[Emon]

11 hours ago, Wakanda said:

The last 24 hours has seen the price of BTC, ETH and other altcoins dropped by a significant price and traders are already skeptical if there is tendency and possibility of further decline thereby seeking alternative ways to boost and increase their holdings.

While the bear market may bite till the end of the year (not certain) before the pre BTC halving expected in April 24 of next year which could see price swing either ways, I have been looking for ways to diversify my portfolio but couldn't lay my hands on any.

Are there any events/opportunities traders can leverage on? I will appreciate if you could share.

Bear market is the opportunity to 🧨. Just try to DCA some good tokens/coins like BGB,SOL,OCEAN, AGIX,MANA,SAND etc!

Also can make money by doing Lev trade but with a tiny portion of your portfolio just like I'm doing!

[collins244]

The recent BTC price trend has raised concern regarding the bear market and how long it will last. There has been a series of lower lows and lowers highs indicating we are likely to go lower. Talking about events/opportunities, you can capitalize on current airdrop events/opportunities to get free rewards. You might also find the Bitget KCGI event interesting. It is an annual event with massive prize pool.

[BashJasper]

17 hours ago, Emon said:

Bear market is the opportunity to 🧨. Just try to DCA some good tokens/coins like BGB,SOL,OCEAN, AGIX,MANA,SAND etc!

Also can make money by doing Lev trade but with a tiny portion of your portfolio just like I'm doing!

Leverage trading can be very rewarding when your TA does a nice job for you. It seems a lot of people use this exchange these days. Lemme finish with my DCA first before I start hassling my TA

[Emon]

16 hours ago, BashJasper said:

Leverage trading can be very rewarding when your TA does a nice job for you. It seems a lot of people use this exchange these days. Lemme finish with my DCA first before I start hassling my TA

TA is awesome if you can properly understand it... Most of the traders loses because of their emotions, if you can separate your TA & trade from your emotions then obviously you can join the party even in this bear market!

[BashJasper]

8 hours ago, Emon said:

TA is awesome if you can properly understand it... Most of the traders loses because of their emotions, if you can separate your TA & trade from your emotions then obviously you can join the party even in this bear market!

Yeah, one of my first experience on leverage trading is not to let emotion toy with your trading skills. Got liquidated on one of my PEPE long trade and lost some decent quids but down the road I've been able to minimize that interference thanks to the TA tools i recently found on BG

[Emon]

13 hours ago, BashJasper said:

Yeah, one of my first experience on leverage trading is not to let emotion toy with your trading skills. Got liquidated on one of my PEPE long trade and lost some decent quids but down the road I've been able to minimize that interference thanks to the TA tools i recently found on BG

High lev on memecoin is super risky😑. Once I got a big L on Shib & after that, never done Lev trade on memecoins! BG really offers TA tools?