Bear market , the need to have another source of income
The whole crypto market have experienced the bear season this year and as for me the bear season lasted longer than I expected or let me say the negative impact of the bear market was huge than I thought , and also seeing alot of drama that happened which made some crypto exchanges going bankrupt and some other issues which made the whole crypto market also experience alot of bloodbath this year...
No doubt this year is a year that many crypto investors will never forget so easily in the crypto world because it came with alot of constant downward trend and several bad news which even made the situation worse..
Now what can someone do in this bear market ?? Well everyone have their own trading style or trading strategy which they might use in order to survive the bear season on the crypto market , but as for me I think the best thing I can do during the bear market is that I should just keep doing the DCA and I should not expect to make profits on the market this year, maybe next year I can start thinking of making profits but for now I just want to focus on the DCA strategy so that I can acquire alot of units of my favourite cryptos , and when the bear market ends then I can now start smiling to the bank , smiling to the market in this situation..
But I need money to engage in the DCA strategy right ?? I need to spend money in order to keep buying right?? That is why I decided that it is important for me to focus on another source of income which will be able to provide money for me which I can then use to keep purchasing the cryptos that I want to purchase....
Posted Using LeoFinance Beta