Surviving the Bearish Market đ»
We can see every other coin going down, and the market is bleeding to the core. No one knows when it will recover, but one thing we all should know is that the comeback will be very strong đȘ.
If you are trapped in some coins and didnât book a profit because your sell orders were not hit, I suggest: DONâT SELL AT A LOSS, wait for green days đ±.
My portfolio is also bleeding right now, but this is the beauty of spot trading â you are never in loss or profit until you sell your coins. In this situation, I plan to go for DCA (Dollar Cost Averaging). It's a simple and effective strategy to not only recover but make some profit more quickly.
I am going to buy some other coins, and the list is given below:
1. NEAR
2. DOT
3. LINK
4. INJ
5. IMX
I will not hold these coins longer but will exit as soon as I make a 15% to 20% profit on these coins đž.
Donât forget to do your own research and remember: Greed is a curse.