RE: How do you deal with the bear market?
(Edited)
You are viewing a single comment's thread:
I group similar coins and treat them as one coin. For example atom and polkadot, xtz and theta, Sol and LTC. Depends on how deep the other one go down, I would transfer the higher priced one to the lower priced one. On bear markets my goal would be to get more coins.so when the pump begins I would have more coins to sell. It has its drewbacks of course but so far I had been able to achieve my targets.
0
0
0.000
Wow! That's an interesting strategy! I have never heard that someone do it like that... I mean, I do similar stuff by buying coins "in red", but pairing different coins is indeed an intriguing tactic...
I'm happy to hear that it works well for you!
This is only for a bear market strategy. You can't do anything when the market is bearish so go for where you get the biggest bang for your buck.
I wrote an article about this if you're interested. Just look up one of my articles entitled Rubber Band Strategy.
I will check it out! Thanks!
4 credits added for the liotes ranking