The cryptocurrency market bear market has been going on for a long time, and the news of the Federal Reserve rate hike has added to the downturn. According to MoonXBT exchange data at the time of writing, Bitcoin was 21,148.39 USDT, down 17.82%, and the lowest 24-hour bid fell below 21,000 USDT, reaching 20,851.78 USDT.
Faced with the plunge of blue-chip tokens such as BTC and ETH, preserving the value of crypto assets and earning profits has become a common problem we face. Let the MoonXBT experts give you three tips on how to preserve your capital and make profits, maybe make another million, even in the face of the grizzly bear!
Tip 1: Focus on the market, and short-term profits with contract trading
Suppose you want to preserve your capital in a bear market and are willing to accept a certain amount of investment risk. In that case, you can focus on the market and invest in MoonXBT Liquid Contracts based on short-term market fluctuations. For example, in the current market, which is trending downward, investing a small amount of money combined with leverage in short Liquid Contracts may yield a good return.
In highly volatile market conditions, choosing an exchange with high liquidity is essential to minimize losses caused by slippage, etc. MoonXBT's Liquid Contracts have unparalleled liquidity, one-click stop loss/take profit, multiple trading pairs, and support for up to 150x leverage. You can earn safely through reasonable investments, even in bear markets! If you are a new crypto investor, you can use our Copy Trading function to automatically follow the best trader's strategies with super high profits! >>Click to start trading<<
Tip 2: Short-term volatility, use options to hedge risk
If the recent K-line fluctuations are evident due to frequent news from multiple parties, but the general environment is still in a bear market, you can choose an option product with a slightly longer term. Buy a put option with a reasonable premium investment, and you may profit while only hedging the premium as your risk.
MoonXBT's Warrant Options are simple, without complicated and redundant parameters, and even crypto investors with zero experience can quickly get started. At the same time, the premiums are super low, 50% lower than other platforms, equivalent to double the return with the same investment. Catch the market trend. Maybe you defy the bear and earn millions! >>Click to start trading<<
Tip 3: Hold as many mainstream tokens as possible and wait for the next bull market
For crypto investors with a more conservative risk appetite, this is the time to stop blindly investing in micro-cap coins or new projects. With such large market fluctuations, these high-risk/reward tokens mentioned above will likely collapse. Instead, the blue-chip assets you can hold as long as possible while waiting for the bull market to pick up.
The MoonXBT risk assessment team reviews all our tokens and professionally maximizes risk control. At the same time, you can also discuss relevant trading skills with experts through the community to optimize your trading strategy and help you navigate the bear market more rationally. >>Click to start trading<<
In a bear market, it is easy to lose confidence because of fear of further sell-off. Investing often goes against our instincts, and to make money, we need to seize the opportunities as they present themselves, with considered strategies and allocation. I hope these tips inspire you, so we can safely ride the big bad bear.