Markets in decline? Here's how I still make money!

When the crypto markets go into decline, most people seem to loose their minds and start "panic selling" often at a loss!

I've never understood that mindset, partially because I don't allow my emotions to dictate my trading decisions, but mostly because I have always made MORE profit when values decrease!

For example: If I bought 100,000 Mooncoin (MOON) for 0.00000004 BTC each, at a cost of 0.00400000 BTC expecting the value to rise, I wouldn't just sit there if the value started going down! I would place a sell order using another coin pair (eg: ETH/MOON) and trade them a couple of times too.

For example, I place a sell order say for 0.00000018 ETH (Totalling 0.018 ETH), and then place a buy (back) order for 0.0000009 ETH (Totalling 0.009 ETH) making me a total profit of 0.009 ETH for this one trade. (excluding fees for ease of understanding!)

Now obviously, those 100,000 Mooncoin would still have cost me 0.00000004 Satoshi each, by using a different trading pair, I would still have my 100,000 MOON for long-term holding, but now I would have a bonus 0.009 ETH, to either cash out (take profit), or buy more crypto with it (reinvest).

I have a bit more than 100,000 Mooncoin, and a few different coins to trade with of course, but you get the idea! And the plus side is, I can trade this way with ALL my HODL coins, since every coin exchange has at least two markets, some even have three!!!

Now obviously there is always the risk that the values could rise before my buy (back) order has been completed, if that happens, I just leave the buy order in place until the next time the market takes a tumble. To minimize the risk of having to leave ALL my coins on buy (back) orders, I only trade a few coins at a time until the trades (sell & buy back) have been completed!

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DISCLAIMER: I am not a financial advisor, and the information contained in this post is not meant to be used as investment advice! Please conduct your own research and speak to a qualified financial professional BEFORE making any investments!