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| 1. | | parent_author | "" |
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| parent_permlink | hive-167922 |
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| author | dterminedsoul |
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| permlink | bearish-market-is-the-best-time-to-get-crypto-discount |
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| title | "Bearish market is the best time to get crypto discount" |
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| body | "
[Photo credit](https://www.fortunebusinessinsights.com/industry-reports/cryptocurrency-market-100149)
Whenever there is a bearish market , I often do not panic at all , infact I always see the bearish market as an oporunutnity for me to be able to buy great cryptos at a very cheap price, and when the market becomes bullish I will be able to easily make huge percentage profit on my investments..
Buying during the bearish market is a way of collecting huge discount while buying your favourite coins..
Imagine buying bitcoin right now at its current price, looking at his ATH of $60k plus , it means if you buy bitcoin at the current price, you are buying at a discount of more than 300% ,, it means at ATH of $60000 plus ,it will cost you that amount to get one bitcoin, now if you are to spend that same amount of money right now on bitcoin ,you will be able to purchase not just one bitcoin but even up to three bitcoin and more...
Now imagine having 3 bitcoin at a price of less than $60000 , what will now happen to your investment if bitcoin goes back to $60,000?? It means your three bitcoin would now be valued at $180,000 or more...That is a sweet profit you would agree with me..
Can you now see that the bearish market gives you an opportunity to gather as much coins as possible at a cheaper price. AT a great discount...
Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@dterminedsoul/bearish-market-is-the-best-time-to-get-crypto-discount)" |
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| 1. | | author | dterminedsoul |
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| permlink | bearish-market-is-the-best-time-to-get-crypto-discount |
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