What makes you Stay in Crypto during Bear Market?

The cryptocurrency market has been growing and if we compare the growth in the last five years then the difference can be figured out that now people are getting into this for the long term. While a lot of people are getting onboarded here to earn some money but they also have the strategy to invest in various projects and that too for the long term. This is good because this way community will also get the people who believe in the long-term iron people who are entering the crypto segment to have the least risk on the investment. It's because they can manage their investment and sell only when there is a profit.

Not everyone has the same thought process for the market and some people also come here for easy money. We have seen in the past that during the bull run almost every exchange goes through a huge amount of new people on board because the majority of the new people tried to make money in the short term. They consider crypto as easy money where anyone can be rich over the night which is not true. Certainly, there are some cases when people made their fortune in crypto and I think they are just lucky enough but, to be honest, this percentage is too low. The current market situation is bearish and if you are still in the market then for sure you understand well that it's not a quick rich scheme and to make the money grow it is required to invest for the long term along with a proper strategy.

Goals in Cryptocurrency Market

Like another market, we also need to have certain goals in the crypto market so that we can focus. Research is very important and without research, we should not be part of it because this can be a risky decision. We can also take some examples from the mutual fund market where we have small-cap and mid-cap types of terminologies and if we can follow a similar practice here then it's great. But if not possible then also it is fine as long as you have some goals in place yourself in the crypto market.

Accumulate as much as you can

The Bull market is the time to book profit and not to buy and similarly, the bear market is the time when we can accumulate coins as much as possible. Experienced investors always follow the same strategy and those who are new might be doing just the opposite of it. I believe when everyone tried to sell then it's time to buy and vice versa. Now because the market is in Paris more than every experienced investor will try to accumulate the coins that he has been changing for a long and when the market recovers then it will be an earning opportunity to fight him. I follow the same and I am trying to accumulate multiple tokens in this beer market.

Passive Income

Now people often talk about passive income because after the pandemic things have changed. Many of us got affected financially because of the salary cut or the loss of employment. This situation has taught us that we need to have a source of passive income to deal with the situation if we lose our primary job. I believe that crypto is one of the segments where we can create a good amount of passive income provided we do require research and investment at the right time. Maybe there are many other segments and instruments where people can earn a passive income but I believe that crypto is the best out of all.

Futuristic Approach

Crypto is here to stay and if you believe now then I'm sure you will have long-term goals but if you do not believe then I would suggest that you should. Things have been growing in the last five years and it is highly expected to grow even better in coming years. The reason why is that now more people are trying to enter the crypto market and this is how more money will flow. An increase in the market cap means a better price for the coin and that is how things will keep on going in the next few years. The same has happened in the past where people who invested early in Bitcoin are now millionaires if they did not sell with little profit. Investment in cryptocurrencies is a futuristic decision and we should it in the next 5 years at least. If you believe in the technology and this revolution of cryptocurrency then you should not miss this opportunity and invest for your future.

I have been investing in crypto for the last five years approximately and will continue to do the same for the next five years because I know that it is here to stay. I am not interested to book a little profit instead I can wait for the next couple of years when my profit will be even better and I can plan a better future with my investment in the cryptocurrency market.

Thank you

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