Bear Market Survival Guide 熊市生存指南

How to benefit from the cryptocurrency market crash? 如何从加密货币市场崩溃中获利?

Exonium
Exonium Exchange
5 min readApr 17, 2020

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Ever since Bitcoin’s birth in 2009, investors have learned the volatility of the crypto market. Over the years, bull and bear trends have constantly replaced each other and there is no way of predicting them or preventing them. The slightest detail is enough to change the situation completely, and this has happened numerous times for the past decade.

The biggest price growth that cryptocurrency has ever seen came in 2017 when the bull market brought prices to new all-time highs. Those who invested prior to the bull market have made a fortune. Those who invested during all time high have probably lost most of their holdings. This was due to a massive market crash that came in early 2018, and the trend continued throughout the year, up till these days.

Many industry experts predicted that a new bull run is due, as they believe that the cryptocurrency market follows an established market cycle. Many new traders assume that once your portfolio is taking a fall, there’s nothing to do but wait and pray that the market will recover. That is not true.

While some of the following recommended strategies call for experience, the majority require little more than a willingness to study.

Bitcoin doesn’t need to move up for you to profit — it just needs to move. Any which way is good provided you can identify the trend.

Understand the importance of TA
While the benefits of technical analysis (TA) can be debated, no trader in their right mind would consider using it without a basic understanding of it. Start with the basics such as moving averages and RSI, and then move on to more advanced strategies.

Gaining experience with the basics will help traders to time entries and exit better, however, and when the markets turn green, you’ll stand a better chance of selling near the top instead of suffering another 70% retracement.

When the markets are capricious, there’s money to be made in creaming profits off small price movements. Scalping requires little other than free time and a willingness to grind it out through frequent buying and selling. Like all trading strategies, scalping is not without its risks. All it takes is one major fail for your hard day’s haul to be undone.

HODL
HODL represents a trading strategy that is used by those who are willing to wait and hold their assets in hope for long term profits. It is a long-term strategy, but also the philosophy of numerous famous investors such as Warren Buffett. Since the cryptocurrency market is still considered to be in its infancy stage, it is believed that the current volatility, low prices, and market crashes are just attempts at stabilization and maturity. HODLers believe that the key is to hold on to their cryptocurrencies and endure the pressure. Someday, when the market stabilizes, and blockchain technology gets mass adopted, it is expected that they will be rewarded for holding their portfolio long term.

HODLing became a huge part of the cryptocurrency culture, and the strategy has gained a lot of support from investors all around the world. Considering that the overall opinion is that cryptocurrencies will not go away, HODLing has a big potential. In fact, this is a strategy that can work in other markets as well. However, of course, predicting the future is impossible. Unless you have a crystal ball…

Look for hidden gems in the market

Everything’s selling for cheap in a bear market, but just because it is cheap doesn’t mean it has value in the long run. Thanks to the low volumes and depressed prices, there’s no need to rush into trades. Instead, take your time to research projects that are undervalued and have the potential to 10x or greater when the market recovers. Researching for cryptocurrencies that have dropped 70% or more from their all-time high will reveal a handful of tokens that have been unfairly hammered.

Most crypto traders are impatient, and sometimes a cryptocurrency is languishing simply because the crowd has lost interest while the platform is under development.

Buy The Dip

Naturally, all investors always aim to make a profit. Therefore, when the value of cryptocurrencies goes down, a lot of them decide to withdraw and cash out. Only a rare few are willing to take a risk and keep buying, even if the prices are low. Most of the people are buying near the top and selling near the bottom.

As many investors seek to panic sell the coins they have bought near the top, others are seeking to average down the price and have bought through the bear markets. As always, any investor must do their own due diligence and deep research before buying any coin.

***Disclaimer: This content is not financial advice and should not form the basis of any financial investment decisions nor be seen as a recommendation to buy or sell any good or product. Trading cryptocurrency is complex and comes with a high risk of losing money. You should carefully consider whether trading cryptocurrencies is right for you and take the time to learn how trading works and decide how much money you are prepared to risk.

About Exonium

Exonium is a brand new world-class crypto exchange that places an emphasis on security and protection of users’ assets as well as high liquidity.

Exonium was founded to propel cryptocurrency into mass adoption. Merging the best of the exchange ecosystem and the principles of social network platforms, the exchange aims to put the power back in the hands of the community by empowering and enabling traders.

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Quick guide:

自从2009年比特币创建以来,投资者已经了解了加密市场的动荡。多年来,牛市和熊市趋势一直在相互替代,无法预测或阻止它们。丝毫细节足以完全改变这种状况,并且在过去十年中发生了无数次。

加密货币有史以来最大的价格增长出现在2017年,当时牛市将价格带到了历史新高。那些在牛市之前投资的投资者获得利润。那些历来最高投资加密货币的投资者可能已经失去了大部分股份。这是由于2018年初发生市场崩盘,并且这一趋势一直持续到今天。

许多行业专家预测,新的牛市即将到来,因为他们认为加密货币市场遵循既定的市场周期。许多新交易员认为,一旦您的投资下跌,别无所求,只能等待祈祷市场会复苏。那是不对的。

虽然以下一些推荐策略需要经验,但是大多数策略只要求有点耐心学习。

比特币不需要上涨获得利润,只需要市场波动。只要可以识别趋势,市场涨跌无关紧要。

了解技术分析的重要性

尽管技术分析有很多好处,但是交易者不应该在没有基本了解的情况下考虑使用技术分析。从移动平均线和相对强弱指数等基础知识开始,然后再转向更高级的策略。

获得基本知识的经验将有助于交易者安排市场进入和退出的时间,但是,当市场恢复时,您将更有机会在市场最高卖出,而不会再遭受70%的回调。

当市场充满变数时,可以通过小幅价格波动来赚取利润。获市场微利只需要通过频繁的买卖和空闲时间。像所有交易策略一样,获市场微利并非没有风险。一个重大的错误会导致您所有的利润损失。

长期投资

长期投资是一种交易策略,供那些愿意等待并长期持有资产以希望获得长期利润的投资者使用。这是一项长期战略,也是许多著名投资者(如沃伦·巴菲特)的理念。由于加密货币市场仍被认为处于起步阶段,因此可以认为当前的波动性,低价格和市场崩盘只是试图稳定和成熟。 长期投资者认为关键是坚持自己的加密货币并承受压力。当市场稳定下来,并且区块链技术被广泛采用时,预计投资者将因长期持投资而获得回报。

长期投资成为加密货币的重要组成部分,该策略已获得全球投资者的大力支持。考虑到总体观点是加密货币不会消失,长期投资具有很大的潜力。实际上,长期投资在其他市场也可以使用的策略。但是,正常人不可能预测未来。除非你有水晶球…

在市场上寻找隐藏的宝石

在熊市中,所有加密货币都以低价出售,但是, 并不意味着资产具有长期的价值。由于贸易量少和低价,因此无需急于进行交易。相反,花一些时间研究被低估的项目,并在市场复苏时将其潜力提高到10倍。

大多数加密货币交易员都没有耐心,有时加密货币之所以在市场崩溃,仅仅是因为在加密货币平台开发过程中人群失去了兴趣。

低价购买加密货币

自然,所有投资者总是以赢利为目标。因此,当加密货币的价值下降时,投资者决定出售加密货币。即使价格低廉,也只有极少数人愿意冒险并继续购买加密货币。大多数投资者在高价买入,低价出售。

当许多投资者寻求恐慌出售他们在最高价买入的加密货币时,其他人则寻求平均价格并通过熊市买入。与往常一样,任何投资者在购买任何代币之前都必须进行自己的尽职调查和深入研究。

***此内容不是财务建议,不应作为任何财务投资决策的基础,也不应被视为购买或出售任何商品或产品的建议。交易加密货币很复杂,并且有很高的赔钱风险。您应该仔细考虑交易加密货币是否适合您,并花点时间学习交易的工作方式并确定您准备冒多少风险。

关于嘉库

嘉库是一个全新的世界级加密货币交易所,重点关注用户资产的安全性和保护以及高流动性。

嘉库成立是为了推动加密货币被广泛采用。融合了交易所生态系统的最佳功能和社交网络平台的原理,该交易所旨在通过赋予交易员权力和能力,将权力重新交到社区手中。

成为未来的一部分。掌权。处于包容性和财务自由的网络中。

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