Will you hold your coin or sell it off during the Bear season?
- Thread starter Mikky
- Start date
It all depends on your vision as an investor you can be a short-term trader who really doesn't care about the market we are in although they usually disappear mostly in bear markets or a long-term operator who until he sees gains in his investments does not abandon the asset also usually load positions in attractive purchase points.
In the bear season, I would hold my crypto because selling at that time would be a complete loss to me.
The price of Bitcoin touched the $60,000 mark and then it dropped to $30,000 mark. It again bounced back to $60,000 range. This suggests that Bitcoin has potential as of now and its price may increase more.
I think that bear season is the time when an investor should be buying coins. However, no one knows when bear seasons may come or for how long bear seasons may last. This has been a major challenge associated with cryptocurrency trading that also bothers holders as well.
