There’s only ONE thing to do in a bear market in order to thrive. But before I share it I want you to reflect on what you currently do when a bear market is upon us? Do you panic sell? Do you dollar cost average? Do you diversify to minimize your risk? Chances are if you're 30 years old or younger you haven’t even witnessed a traditional bear market outside of crypto’s winter between 2018 and 2020… and given the adoption of crypto most never even experienced that bear market. Suffice to say, the majority of people have only known bull markets, but winter is upon us if you haven’t figured it out yet…
Even though taking an occasional loss is part of being an investor/trader, a bear market doesn’t always have to be a bad experience of fear and watching your account go to nearly zero. You can thrive.
Although dollar-cost averaging and hodling are ways of surviving a bear market they don’t allow you to thrive in a bear market because you are constantly trying to mitigate losses and waiting for a change in the price action, instead of capitalizing on money-making opportunities while the market is going down–which is exactly what I’m going to show you how to do.
The only way to thrive in a bear market is to learn and focus on the power of short selling to trade with the trend and not against it. In order to short sell in a bear market, you need to master a technical system that gives you an edge to do so. If you’re lacking this type of system then check out a free training I’ve put together to help you do just this by clicking [HERE].
When you have a complete trading system to follow, you can backtest your strategies in previous bear markets and study its wave patterns by using the replay button in Tradingview. The replay button can be a very powerful tool for a trader to go back in time and capture signals of live price action when it’s already happened and collect data right away instead of waiting on price action in real-time. This tool can be very useful for beginners or experienced traders, especially ones that haven’t experienced or traded in a bear market before. After traders learn how to short in a bear market, finding the right exchange is a necessity. For U.S residents, I recommend Bitget Exchange for those looking for high trading volume, leverage trading with a wide selection of altcoins, and competitive trading fees.
The only way to thrive rather than survive a bear market is to learn to trade the trend by short selling. The power and advantage you gain by making money when the price drops can be euphoric. Not only can trading be done anywhere you have a cell phone connection, but you can make money when the market is falling or rising. This has by far been the most amazing opportunity I’ve ever experienced and I look forward to helping you experience the same power that allows you to THRIVE in a bear market and not just survive one! Get my free training [HERE] on the most effective and reliable trading system that hundreds of students and myself use to thrive in any market condition.