Ask Leo - What's Your Strategy When The Bear Market Comes to Your Crypto Investment?
Hi Lions,
After some time ago we are above the wind with stable prices $LEO at $1 and both $HIVE & $CUB have a steady price increase in the market above $0.8 /$HIVE and $ 4 /$CUB, unfortunately today we are constantly experiencing in bear market that occurs in $HIVE, $LEO and $CUB, this is certainly not good news for us but this is very common in crypto that has high fluctuations and volatility in the market.
Today i would like to ask to you all guys about What's your strategy when the bear market comes to your crypto investment?
So, I'll be the first to answer and sharing about my strategy when the bear market comes to our crypto invesment, facing this situation many peoples ussualy having their own strategy depending on their psychology and how the mindset works, there may be panic selling, adding to their crypto investment by buying it on dip market, HODL and others.
In my personal opinion this situation ain't good for me, for the example when i buys 50% from my total $CUB asset when the price around $7 /$CUB so that the best i can do for now is TIGHT HODL and increase my investment with monopolized my crypto asset to buys each others depends on good price the crypto in bear market, even if i have more FIAT i'll be take some to buys crypto.
I just playing simple strategy on my crypto investment and don't have any special strategie, when i have more money / crypto that i can monopolize for sure i see this situation as a golden opportunity to increase the amount of my investment in crypto that is on the dip market, on the contraty when i didn't have money to increasing my asset i'll be HODL it tight.
Besides on that my $CUB will be give me passive income from my Farms and Dens so i never worried about it and i can re-invest all of them to increasing my liquidity in farms and compunding in Dens. For $LEO & $HIVE that i have, i will staking more and focus to power up my Hive Power and Leo Power continuosly and keep my consistency to produce valuable and informative article for others to achieved my goals.
So how about you guys? What's your strategy when the bear market comes to your crypto investment?
LET'S TO BE DIAMOND PAWS TOGETHER LIONS !!
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I avoid staring at my portfolio too much because at the end of the day I try to invest for long-term profitability.
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Investing for long term is very good one, for example i Hodl $CUB for long-term and increase my liquidity when i see opportunity to buys 😁
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Same here I reinvest my farm proceeds and if I feel a bit worried about a future bear market or short term drop I just add to the CUB-BUSD or BUSD-USDT.
That way I either will have more CUB if I take out the LP after a CUB drop or I have no risk with the stablecoin pair.
Take care and keep blogging ;)
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Mee too sir, i put my farms into CUB-BUSD in the dens USDT & CUB, avoid the risk with stable coin is wise move to safe our asset :)
Thankyou for visiting sir @vlemon stay safe and healty 😊
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Thanks 🙏 ! I will definitely try to
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I guess pretty much the same thing i did the last bear market. Keep most of my funds in bitcoin, eth, hive and now cub. I think all are good projects that will last.
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If you have more assets to buys the dip and Hodl it CUB will be inevitable and profitable for long term 🚀
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I think so too... Cub's definitely going to moon. I think $6 to $10 in the medium term.
Totaly agree with you brother 😁
Let's to be Diamond Paws together buys more and HODL
Well, in preparation for a bear run whenever it happened I am stashing some stable coin. I think that's the perfect way to go. When things go down I would buy as much as I can and wait out the bear run. Not the easiest feat but it is doable. But I don't think we would experience a bear run anytime soon. I might be wrong but there is something special about this bull run. It might last longer than we think
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Its genius way to have some stable coin for us to advantage the bear market give us opportunity and increase asset. Buys the dip enjoy the bull run 🚀
Right now crypto for me is one way business
No need to flip when price dips.
With CUB I feel I can get there a little faster.
My strategy will be the same when 2018,2020 hit
Hang tight and accumulate for long term gain.
Glad you mention hold Hive.
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If i have more asset to buys, i will do the same way sir, absouletely i set target every month for increasing both Hive Power and Leo Power but since the CUB launched i separated it some to buys more CUB
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My way is the HODL way. I'm likely loosing gains by not trading around. But HODL gives peace of mind. I've got good APR and I trust these crypto to stay around for a long time. I know they'll get bigger. So there's safety and massive ROI.
I'd pour more money into crypto if I could :)
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Totally agree, the best way if we dont have money to increasing asset is HODL 😁
I'm trying to save some stable coin in case the bear hits, but I'm addicted to investing, I see a potential project and all of me wants to invest in it, all the stable coins I've tried to save have gone back into other projects...
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Diversify asset to stable coin is best way too to reduce the risk and we can buys more when the bear hits the market. Nice strategy!
"Batten down the hatches! And maybe buy a bit more...."
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Having learnt my lessons, I quit trading altogether and am only stacking now.
When the bear market comes, I might invest some more fiat but I view all my crypto holdings as dead money. I will not convert back to fiat until they appreciated in a matter that is live changing. If that never happens, then it never happens. Like buying a lottery ticket.
Considering the investment dead from the beginning, keeps me from pulling out in fear that it might die.
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I just ignore the bear market was 3 yrs in hive
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In bear market I HODL and buy more.
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Feels like a watched pot never boils, if you move every day then your day trading and not investing
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When the bear market finally hits later in the year. I will put my funds in to a business that will create crypto cash flow in preparation of the next bull cycle.
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