With recent gains on many cryptocurrencies including big ones such as Bitcoin it has gave many investors hope that the bullmarket is near however no one knows when it will end. With recent gains it gives investors confidence to invest more helping the situation. Within the past week bitcoin hit 24500 dollars which is the highest its been in a while. It is currently sat around 23000 dollars which is a massive improvement from the 19000 dollars it was worth back in June showing a improvement and maybe the end of the Bear Market.
However many people believe the bear market will last longer and we will see a drop in bitcoin and other major cryptocurrencies but others also think it is over and the market will climb fast reaching new prices for coins such as ethereum.
With this current bear market it is a perfect time to invest money as prices are at all time lows and possibly could reach all time highs doubling or maybe even tripling peoples money.
Here are some steps to easily gain money during this bear market.
Step 1. Do research on good long term projects which are going to rise in price.
Step 2. Invest in big coins such as Ethereum and Bitcoin. Even if you just invest a small amount into these coins you could double your money in months time as their price will rise lots.
Step 3. Stake your coins. This will help bring in a little extra money and crypto for doing nothing. Essentially putting your money to work.
Feel free to comment below how you feel about this post and when you think the bear market will end.
