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Anyone can make profits when the market is bullish. But maintaining these profits in a bear market is what sets traders apart

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by COINS NEWS 194 Views

Making profits is only half of the work. Maintaining these profits however is a MUCH harder and more enduring task.

The bear market either makes you quit, or shapes you up into a better trader who knows when and what certain coins are profitable. It also helps you learn to accept losses and to switch up strategies depending on the market sentiment.

Using one strategy at all time is an awful decision btw. Itโ€™s totally fine to change up strategies. I for example started leaning towards DeFi based platforms like ALGO and CRV and some other DAOs with powerful governance tokens like BitDAO to gain more governance votes over certain DeFi projects. I left trading for good!

Always remember, losses arenโ€™t really losses if they helped you learn valuable lessons.

submitted by /u/jesusvsaquaman
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