Hello, I write my fundamentals and for a bear market like the current one.

Internal

1. Diversify your portfolio in stablecoins and cryptos (BTC and ETH) but reduce investments in altcoins (high volatility and correlation with $BTC )
2. Review the upper / low of the last 24 hours to generate short and long stop loss / profit. Buy low and sell high.
3. Stick to a strategy, record it in a journal and review. Correct if necessary
4. Generate positions that can cover you, long and short futures, but be careful with 5% to a maximum of 10% of your portfolio. Use stop/loss.
5. Check the sales volume (supply and demand) by currency, it is a market indicator. Speculation and nervousness.
6. Review the technical indicators (Rsi, MAR, Bollinger).

External. News

At this time, speculation about the sale of whales such as Mtgox and the German Government generates panic and people rush to sell; The market goes down and the positions are liquidated, generating more bear market.

Conclusion: We will be in a bear market until the picture of previous whale sales and liquidations during July becomes clear, it is time to act with caution for conservatives and high risk for speculators.

#MtGox #gobiernoaleman #Bitcoin #bajista