Featuring a contemporary design inspired by popular culture, the guide shares a pool of resources that can help investors put the bear market situation in perspective. Conceptualized and written by an in-house team of experts and researchers, it analyzes current trends and identifies similarities and differences with past bear markets to help users determine strategies and opportunities to rise during current market conditions.
What to do in a crypto bear market?
Bybit’s Bear Market Guide aims to answer questions traders might have, from tips/tricks for newbies to offering a macro analysis of the bear market and reviewing key points from past bear market experience.
As investors think about their next move, Bybit’s Bear Market Guide shares valuable insights on the importance of trading with more discipline and strategies that can help manage their overall risk and portfolio. It addresses the importance of diversification and finding products with secure, predictable revenue payments on a regular basis. Cryptocurrencies are still progressing at great speed despite market declines, so a solid trading strategy and patience are fundamental during this passage.
Earn as the market moves downward
During a bear run in crypto, reliable yield-generating products can allow users to increase the value of the long-term portfolio and reduce the tendency to fixate on fluctuating prices. To that end, Bybit’s Bear Market Guide will give users insight into how best to harness the power of yield products to weather the bear market.
Ben Zhou, Co-Founder and CEO of Bybit, said: “Because some investors may think you can only make profits in a bull market while losses await in the bear market, we are unveiling Bybit’s Bear Market Guide to provide a tool that helps investors shows how to read opportunities and develop the right strategies.The main benefit of this initiative is to provide investors with tools and ideas so that they do not have to fear the bear market.”
For the full version of the Bear Market Guide and key tips, traders can visit the Bybit Learn section on Bybit at the following link: https://d.adx.io/go/hC2uUDjx
Founded in March 2018, Bybit is a cryptocurrency exchange that provides a professional platform where crypto traders can find an ultra-fast matching engine, excellent customer service and multilingual community support. Bybit is a proud partner of the Formula 1 racing team, Oracle Red Bull Racing, esports teams NAVI, Astralis, Alliance, Virtus.pro, Made in Brazil (MIBR) and Oracle Red Bull Racing Esports, and football teams Borussia Dortmund and Avispa Fukuoka .
For more information, visit: https://www.bybit.com/
Follow Bybit’s social media platforms for updates