After a long few days of Cryptocoins crashing we can finally see the bottom and the sun starting to shine. As long and no more major bad news comes out the Cryptocurrency world can and will return back to its bullish self after a few days to weeks of licking its wounds.
The Crypto world keeps going down and down. At every corner someone is trying to take profits. People who have seen this before like myself and the many others who have been trading the currency in the shadows for years. This is nothing new. Hold on to your hats and stand by your picks. If you have been doing your due diligence and not gambling every cryptocoin purchase you will still walk away on top.
All coins/tokens for the most part are down a percentage. The coins that are up would be USDT and pump and dump coins that whales want people to buy into so they can dump. Not that I'm saying you can't make money it just takes a little more finesse.
Strategies that will make the most money during this type of "Bear" market would be switching to lower percentage dropping coins, switching to cash, and switching to USDT. Wait for the market to hit as close to the bottom and you can. Don't worry if you are not exactly right but don't hold too long if you are wrong. Things will start going back up.
A few great mentions would be AChain, DragonCoin, RChain, Dent and Sia. All these coins will return to heights with the market. So purchasing now is a great time to make some cash. Just how much is up to you.
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- Hydrom