What To Do In The Crypto Bear Market?

Leading global crypto exchange Bitget has released an announcement for its customers about the products that they will continue to earn in the bear market. In the announcement, it was mentioned that while the bear market continues, it is possible to make money in crypto in bear market conditions.

Bitget analysis: What to do in the crypto bear market?

As crypto continues to dominate the digital asset market, it has revolutionized the way people trade and invest. However, bear market volatility has triggered recent events that have threatened the confidence of traders worldwide. As a result, many had to suffer the financial consequences.

Investors have experienced a volatile period and intense fear over the past two months. Although the crypto market has been coming out of the extreme fear zone lately, volatility remains under the influence of various FUDs (fear uncertainty and doubt) and unfavorable macroeconomic conditions in traditional finance. It is possible to minimize the losses in this volatility and to make extra gains by taking advantage of the volatility.

Although the Futures / Futures option is generally considered as leveraged transactions, it is actually possible to manage with risk-free options such as spot transactions. In the statement, it was emphasized that if the leverage is selected as 1x, futures transactions have the same low risk rate as spot transactions and stand out with the short option. Thanks to the short option, it is possible to profit from decreases in crypto in futures. For example, when you open a short transaction by predicting that Bitcoin will fall, you will earn as much as the Bitcoin drop rate. In this way, it is possible to benefit from the sharp declines in the bear market.

With the Grid Trading option, one of the products exclusive to Bitget, it is possible to make automatic transactions within a certain interval in both spot and futures transactions. You can open automatic transactions in the volatile market and continue to earn money by making BUY-SELL transactions at the points you specify in the range you have determined.

Thanks to Bitget’s flagship product, One-Click Copy Trade, it is possible to make money in the bear market. Bitget is the world’s largest crypto Copy Trade platform. In the Copy Trade product, elite traders share their transactions and users can automatically copy these transactions to their portfolios instantly. All you have to do is choose the elite trader that suits you. Afterwards, every trade opened by the elite trader will be automatically opened in your account and you will have made the same transactions as the elite trader. Thanks to the elite traders who provide high profits, you will start to earn money without getting tired.

Finally, you can continue to earn with the Bitget Savings product. You can earn regular crypto income by depositing the coins or tokens you hold into your Bitget Savings account. With this product with minimum risk, you can both continue to HODL your cryptos and create passive income for yourself. Bitget managing director Gracy Chen said, “We are aware of how difficult it is and the risks of trading in a bear market. In addition to being protected from bear market risks, our biggest goal is for our users to benefit positively from market conditions with our products that profit from the bear market.” statement was made.

For more detailed information about Bitget products, click: www.bitget.com

About Bitget

Founded in 2018, Bitget is one of the world’s leading cryptocurrency exchanges focused on social trading. Now serving more than two million users in over 50 countries around the world, Bitget has stepped up its mission to promote decentralized finance with a workforce of 600 people.

Since the official launch of Bitget on the crypto derivatives market in June 2019, the platform has now become one of the largest crypto copy trading and derivatives exchanges in the world. It ranks in the top five globally by CoinMarketCap and CoinGecko for derivatives trading volume. The leading exchange focuses on transforming the way people connect and transact with social commerce. The flagship One Click Copy Trade is a pioneer in social trading. It has brought together more than 55,000 professional traders with approximately 1.1 million followers, bringing innovation to the experience for crypto derivatives traders worldwide.

Strictly adhering to the philosophy of ‘Better Trading, Better Life’, Bitget aims to be the portal that transcends Web2 and Web3, connecting CeFi and DeFi, resulting in a wide bridge, providing users with secure transaction solutions to the comprehensive and wide crypto network globally. undertakes to provide Bitget announced its sponsorship as the first jersey partner of world-renowned soccer team Juventus in September 2021, and soon after as the official esports crypto partner of the PGL Major. Partnerships with the leading esports organization Team Spirit and Turkey’s leading and well-established football club Galatasaray were also announced in early 2022.

For more information please:

Official website: https://www.bitget.com/tr

Telegram: https://t.me/bitgetturkiye

Twitter: https://twitter.com/bitgetturkey

LinkedIn: https://www.linkedin.com/company/bitget-global/

Disclaimer: This is a sponsored content and press release, and what is written here does not reflect the views of the Kriptokoin.com team. The high risk of loss must be taken into account in leveraged transactions and crypto money investments, and extensive research should be done before investing in any platform. Contact us to be instantly informed about the last minute developments. twitter‘in, Facebookin and InstagramFollow and Telegram and YouTube join our channel!