A lot of Crypto fans seems to associate bear market with the term 'depression' and 'loss'.

I wonder why.

Since you can gain profit from the move down too. So it's not actually true that 'bear' always resulted in 'loss' for every trader. No.

😳 "Wait, we can get profit from price moving down in Crypto ?"

Of course. 'Short Selling' works on Crypto too.

The same concept of buying (or Long). You buy low and gain profit at high. Shorting is just the counteract: You sell high and gain at low.

So if you think many people are losing money or losing value when the market down, you're actually incorrect.

Many of them (especially professionals, brokers, institutions, etc) are doing Short Selling, to ride the price down and receive more money below. And re-buy the Crypto with more quantity since the price is then cheaper.

So why do you be depressed, as if you can't do the same ?

🤷🏻 "But, don't we need a Margin account to do Shorting ? I don't want to do Margin, risk too high for me."

It used to be "yes you need Margin fund to do Shorting". But recently, it's no longer the case. At least not for some of the major tokens.

Even here in Binance, you can Short crypto using some of the DOWN token.

- BTCDOWN/USDT

- ETHDOWN/USDT

- BNBDOWN/USDT

These are not Margin pairs. They are available in Spot Market. Different from Margin trading, here you can't get liquidated from too much loss.

Instead of actually short selling yourself (like in Margin trade), if you "buy" these tokens in Spot, they will do the short selling for you. Kind of engine (managed by Binance system, called BLVT) to help you gain in every price down. And then you can claim the profit when the actual token (BTC, ETH, BNB) arrived at lower price, by selecting "Sell" on the corresponding DOWN token.

So, no longer need to worry about a market down. You can profit both ways anyway. Just analyze the situation carefully, and adjust your direction.

-------

This is not a financial advice. DYOR. I only share the info since a lot of people (especially newcomers) seems hasn't aware of this feature. Cheers.