To trade successfully in a bear market, traders need to adjust their strategies and shift their thinking from the cyclical movements of bull markets to the momentum movements of bear markets.
Dollar-Cost Averaging (DCA) is a strategy where a fixed amount of an asset is periodically purchased, regardless of the asset’s current price, to mitigate risk and potentially reduce cost basis.
Automated crypto trading allows trading without being physically present. Trading bots use algorithms to execute trades based on technical indicators, increasing speed, accuracy, and consistency while mitigating risk.