How to make money during a bear market?

Most of us know stories about people who invested in Bitcoin and became millionaires. That’s why the HODL strategy became so popular. We are used to the fact that Bitcoin or other cryptocurrencies are earned by increasing their value over time.

While this strategy can deliver a satisfactory return in the long term, there are hundreds of opportunities along the way that can multiply our capital through exchange rate fluctuations. In addition to the sharp rises in Bitcoin’s price, a great opportunity is also to take advantage of the downturn or short-term collapse of the trend.

Earning on declines, short, short position — regardless of what we call this investment strategy — this method allows you to benefit from the falling price of a given cryptocurrency. In the case of long positions, we count on a long-term increase in the value of our investment. In the case of shorts, we focus instead on the short term.

The Geco.one exchange is the perfect place to start your adventure with trading crypto derivatives. By observing the currency’s downward trend, you can easily set the “short” position and earn on the decline instead of panicking that the cryptocurrency is dropping. The profit is additionally increased thanks to the use of leverage — in the case of Geco.one, it can be leverage of up to 1: 100.

But why is shorting an option so attractive, especially now? We have seen high volatility in most investment markets over the past months. It applies to the capital, bullion, commodities and real estate markets. LUNA’s rapid collapse also started a wave of massive declines in cryptocurrencies.

In conditions of increased uncertainty, earning on drops is a strategy that is gaining importance. Therefore, it is crucial to understand the fundamental principles of the market — a well-informed and educated investor can find a chance even in challenging economic conditions.

If you want to start your adventure with cryptocurrency trading, we recommend visiting our education page. You will learn more about Geco.one, our GEC token, our security features, and the trading itself — you can read about order types and watch helpful tutorials on trading and staking cryptocurrencies.

Find out more now!

--

--

--

Geco.one describes itself as a crypto derivatives exchange. Geco.one offers products including derivatives & staking, volatility products and leveraged tokens.

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

Phase One Reward of One Million LAT will be Issued this Week

Introducing stONE — the first liquid staking token for Harmony ONE

Dubai’s New Virtual Possession Regulatory Authority Licenses Crypto Exchanges Binance, FTX

ETH to strike $20 trillion market cap by 2030: Ark Invest

This is the moment we’ve all been waiting for!

The Vader Protocol (pt. 3) — Liquidity Incentives

To book profits, here’s what traders can do with their Ethereum holdings

What Is an NFT Game?

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Geco.one

Geco.one

Geco.one describes itself as a crypto derivatives exchange. Geco.one offers products including derivatives & staking, volatility products and leveraged tokens.

More from Medium

What is impermanent loss?

Why I got a Bitcoin tattoo

Best Time To Buy Crypto: Market Timing vs Dollar Cost Averaging

Crypto market timing, liquid loans, dollar cost averaging

Bitcoin: Simply Explained