@rezoanulvibesOnNoiseApp
Even though you make a lot of money in a bull market, you might end up in a terrible situation in a bear market unless you sell and exit from the market. A bear market is a time to buy and accumulate crypto to grow your crypto portfolio. If you don't have funds to invest, you cannot take advantage of this situation. Most of the time, we use the crypto exchange to buy and sell crypto. No matter how safe and secure the crypto exchange feels, you may not have any idea what could happen in a bear market. A good example is FTX. It is surprising and shocking to see what just happened and many people are unable to withdraw their crypto.
1 comment
Agreed. Profit taking is something each and everyone should be planning even during the bear market. To set goals when at what point to take profit and stick to it.