Bitcoin
Long

How to make money in the bear market

40
Everyone likes to make money in a bull run.
A rising tide raises all ships. Everyone can make money in a bull run - its keeping it that 80% of people cannot do.

So what is my strategy for making life changing money.
Its not a race, its a marathon.

I plan to take profits in the euphoric stage of the bull market, which is close to where we are.
I consider:
MRVZ score.
4 Year BTC cycle.
Timing
The PI cycle indicator. And to be honest many more.

So I plan to DCA out near the top, and will cash out after I think its over.

But getting back in is hard.
So how could you do it, with the simplest strategy?
Past performance doesnt guarantee future performance.

But, if you draw a fibonnaci from the bottom of the cycle, to the top of the cycle - you can see on the charts that starting to DCA (Dollar Cost Average) into BTC is what would allow you to confidently buy near the bottom a few times.

I only buy below the 618, but as close as i can get to the bottom I DCA there.
I would DCA more aggressively the lower we go.

Dont get me wrong, its going to be hard to buy when the price is that low. It will almost look crazy.
But read up about BTC, understand the white paper. This will give you the confidence to do your monthly DCAs in.
This strategy will allow you to not lose confidence as the price goes cheaper - because the lower it goes, the more excited you will be to buy at the cheaper levels (versus when you do a lump sum and go -80% from the top)

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