This is an article about tips how to trade in the bear market that I found, I hope can useful and helpful for us.
Trading tips in the bear market
1. Stop losses.
Key point: You need to set a trailing stop.
2. Take profits.
Key point: Plan multiple targets and put the targets on the lower side of crucial resistance points.
3. Target "Stop losses" and "Take profits" at the right places
Key point: You must study the charts, check the volume, use algorithms, and much more. Finally, you will use a technical analysis (TA) to set the targets correctly. You are hoped to be a skilled analyst.
4. Joining a community
Key point: You need friends to deal with various conditions in cryptocurrency. You will never win by being a single hero. A good community can lead you, remind you, share a lot of crucial information, and other useful things that you won't get fighting alone.
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