Don't settle for making money only in bull markets.

in LeoFinance2 days ago

Don't settle for making money only in bull markets. This should be a motto for every investor. I read a lot of people saying they're waiting for the bull market, holding crypto, or diamond hands. Or anything similar, but that sounds more like a saver than an investor.

Free to use under the Pixabay Content License

It's okay to have faith in an asset. I also do, accumulating Bitcoin and hoping it's worth 1 million in 10 years. But you can do that with part of your portfolio, but not the whole thing. If you're an investor, you should be able to profit under any circumstances. And a bear market is also a good opportunity, perhaps even more lucrative.
You've surely heard about shorting or buying in the stock market. The mechanics are simple: you borrow shares and then sell them, hoping they'll go down, so you can buy them back cheaper and pocket the difference.
In the traditional financial market, costs and guarantees require a lot of knowledge and some capital.
But the crypto market allows you to do the same thing, but at a much lower cost. So it's possible to profit in both a bull and bear market.

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