//Bear Market 101

Bear Market 101

At some point, a bear market will occur for every asset class. Right now, the cryptocurrency bear market has many people in the blockchain space worried about the long-term prospects of the entire blockchain industryIn a bear market prices are depressed, trading volume decreases, and stop-losses are triggered, leading to a downward spiral of prices and emotional sentiment.Red Means “On Sale” The most obvious benefit of a bear market is the availability of good deals. In a bear market, both BTC and ETH can be acquired at a good price. It is important to note that a lot of crypto influencers use this term. They used this term in September when the market was hot and they are still using it now…be cautious when you hear this.Not all cryptocurrencies depreciate at the same rate in a bear market. We currently see alts losing a lot more than projects like BTC or ETH. One can take advantage of this to diversify their portfolio and acquire more units of reputable alts.Change Your Mindset From: Trader to InvestorTrading isn’t always the best strategy. Crypto may be a longer game than some may want, but investing is a long game play. Like all important technologies, blockchain may require an intermediary period where projects have to gain traction and find market fit.Remind me to post a conservative trading portfolio soon, probably will post it on the FB group Apollo Investments

At some point, a bear market will occur for every asset class. Right now, the cryptocurrency bear market has many people in the blockchain space worried about the long-term prospects of the entire blockchain industry

In a bear market prices are depressed, trading volume decreases, and stop-losses are triggered, leading to a downward spiral of prices and emotional sentiment.

Red Means “On Sale” The most obvious benefit of a bear market is the availability of good deals. In a bear market, both BTC and ETH can be acquired at a good price. It is important to note that a lot of crypto influencers use this term. They used this term in September when the market was hot and they are still using it now…be cautious when you hear this.

Not all cryptocurrencies depreciate at the same rate in a bear market. We currently see alts losing a lot more than projects like BTC or ETH. One can take advantage of this to diversify their portfolio and acquire more units of reputable alts.

Change Your Mindset From: Trader to Investor

Trading isn’t always the best strategy. Crypto may be a longer game than some may want, but investing is a long game play. Like all important technologies, blockchain may require an intermediary period where projects have to gain traction and find market fit.

Remind me to post a conservative trading portfolio soon, probably will post it on the FB group Apollo Investments

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