There is always a possibility to make profit in every market situation either bullish or bearish sentiments. When the market is bullish its easy to make profit but it becomes difficult to make profit in the bearish zone.
The first thing you must have to know is about the market trend, because trend is your friend. If you come to know that market is in bullish trend then your every trade will end in profit.
But in case of bearish market its not easy to make profit. But in this post I will tell you a strategy where you will make profits in the downturn as well.
Its very simple you have to invest in more than 10 coins in equal proportion. After doing that keep in view your portfolio and the prices of the crypto coins you invested in.
Whenever you see the two crypto coin prices at same price convert 50% of your one coin to another. It will help you keep invested for the long run and you will book small profits from time to time.
After conversion, now wait for the market movement and for the price movement of that coin which were same in price.
As one of the your coin move upside or downside do the conversion back. Note the quantity of your coin and book the profits of the extra quantity made during conversion process.
Its very simple and risk free trade. You will be all the time invested while doing regular trades.
What do you people think about this strategy? Will it be working for your guys? Will be glad to see your answers in the comment section.
I hope you find this post useful and informative. If you do, please remember to reblog it so that it reaches as many people as possible and that they can benefit the most from it. Also, remember to upvote, which will help me financially and grow my account.
IMAGE TAKEN FROM CANVA
Thank You!
Best Wishes.