The Rules You Must Follow To Succeed In Bear Markets!

in LeoFinance2 years ago

We often lose our control in bear markets and suffer losses. But we all trade on various exchange sites for some profit. But we all face losses due to non-compliance of certain rules. Even when we fall into the grip of the grid in bear markets many times we lose our hard earned money. So let's know a little about the rules that you have to follow if you want to succeed in a bear market or a bull market.

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👉Risk Management

If you want to survive in a bear market, you must adhere to risk management. To survive in this market there is no other option but risk management. So when you invest here you must keep risk management in mind because it is very difficult to get success here which is like holding fire in hand.

👉Emotion control

One of the most important things here is to control your emotions because you don't trade with emotions. If you can't control your emotions, you will never succeed in a bear market. So consider the market with reality rather than emotion here.

👉Greed

The most important thing you need to control to succeed in a bear market is greed. Because here after greed if you invest any coin then you may lose 80% to 90% of your money. Never invest on the lure that someone is getting success or on the lure that a coin is going up but consider and study it and avoid the lure completely.

👉 Study

I also wrote in my post yesterday that you need to study a lot about a coin that you want to invest in. Also, if you buy that coin or you buy it because the coin is going up or you buy it on someone else's word then you have to face large scale.

👉 Patience

As the saying goes, the fruit of patience is always sweet. This is no exception in bear markets. Because it is natural that the market will rise here. So when a coin goes down here you have to be more understanding and think positive. If you can be patient for a long time then you can come out with good quality success.

When you are too scared to invest in your future. Wealth is afraid to approach you so take action now

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