Ask Leo: Is It Possible To Make Money During Bearish Trend In Crypto?

Hello hivers hope you all are doing great I was just thinking if is possible to make money during this bearish momentum in crypto.

Though I have seen a lot of people who make a lot of money during bearish momentum same persons also make good money during bullish momentum .

One of the reasons some people make enough profit during bearish trend I think is based on experience and approach to the market. Some traders have few knowledge compared to others we all know that when it comes to Internets is very important to be informed. Information is something we need to search for daily as our source that's why is always good to join the community of Crypto related resources to be able to assess Crypto material that can build that particular trader up.

Another reason why some traders do well during bearish trend to me is what we call strategy.
Some strategy is awesome they can approach the crypto market with different styles and at the end they will come out with profit so different traders with different approaches to the market strategy is a very important aspect of trading.
The strategy you are using determines the out come of your income if you have 99% winning strategy no matter the market conditions you will always be in profit.

So if you ask me I think different people with different approaches to the market determines the out come. Though everyone is talking about loss already made in the Crypto market since this year while some futures trader flood the social media with their daily profits. Both are Crypto traders one is spot trader the other is a future trader so during bearish trend the spot trader tends to lose more compared to the future trader who trades both bullish and bearish market so with this view you can understand that strategy matters in the Crypto market generally.

Thank you for reading my post.