MAKE PROFIT IN BEARISH MARKET
As currently bearish market will continue where we cannot assume which coin will Dump or which coin will pump more and more. Bear market is just a flow of negativity in the market. But some people find it opportunity to make good profit if he/she knows how to use it.
When you begin in bearish market, where marginal trading can bring huge profit. A proof is the 7000 BTC that was earned by two top traders of Bitmex on margin trading.
Margin trading would allow you to keep holding your coin when they are in loss also. You must able to use leverage in margin trading.
Analyse of market
Trading in bearish market if very risky no doubt. Trading tool we required here is BITMEX’S TEST NET which will help you in analyse the market. When you start doing technical analysis, you must have a good grip on the rudiments, then only you can confidently pick up your entry point and your exit point.
Find hidden treasure
During this bearish trend now its time for you find the undermined and underestimated assets. These coin will have very low market cap and not being listed on a top exchange. This is time where we can find coin for our long-term hand. But here also we need to have patient for about 1 year then only we will able to make 10X profit.
When you are trading with much assets then you can use day trading, which required study of candles, where we have to invest lots of time and will get only 3%-7% of profit on her trading. This has a drawback this required much attention, much time and much assets.
Invest in ICO
With proper study we can start investing in some good ICO which will take months to be end. This is also great choice for long term investment.