Two Crypto Bear Market Misconceptions
The crypto bear market has taught many lessons, but there are two topics that people seem to always point to that I completely disagree with. Let's talk about why I think these crypto bear market suggestions are bad news bears and how you can level up your thinking around them.
Margin trade crypto to hedge your portfolio (only for advanced investors and traders):
Bitmex - https://www.bitmex.com/register/9taqGR
Buy and Trade altcoins on Binance - https://cryptobobby.com/binance
Secure your Crypto with a Ledger Nano S:
Amazon (faster shipping):
https://cryptobobby.com/ledger-amazon
Ledger (slower shipping, but cheaper): https://cryptobobby.com/ledger
Get a Free Trial of Coinigy (the trading/charting software I use):
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Portfolio Tracking:
Blockfolio - https://www.blockfolio.com/
CoinTracking.info - https://cryptobobby.com/cointracking
Bitcoin.tax - https://cryptobobby.com/bitcointax
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** This is not financial advice and these are simply my own opinions, as such, this should not be treated as explicit financial, trading or otherwise investment advice. This is not explicit advice to buy these cryptos, do you own research.**
We should never rely on history to guide us forward from a price perspective, instead looking at some metrics like transactions and other that would point towards improved adoption would help in determining a great point to start considerin entering again. Learn from these mistakes will make us better in the long run...
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Based from the article I have read earlier, it says that market is still growing for the past few months and last year even though prices are falling down. "According to German research entity Statista, the global blockchain technology industry scale increased to US$339.5 million in 2017 from 2016’s US$210.2 million, which is expected to more than double to US$548.2 million as of the end of 2018." Read more of it here https://medium.com/kucoinexchange/finding-liquidity-in-a-bearish-market-episode-1-is-winter-coming-237e1018408c