The basic thing is that while there are ways to play down-markets, down-markets and up-markets are not mirror image and are not simply "different ways to make money".
An up-market inherently creates - maybe-not-money - but the appearance of money, the availability of money, "liquidity". An healthy up-market inspires healthy production and makes the liquidity it generates really correspond to people having more wealth on average. An unhealthy up-market naturally involves mis-allocated resources and its liquidity thus becomes illusory and so it is followed by a down-market. A down-market eats liquidity and decreases production meaning the decreased-money people have really corresponds the people also having less stuff, on average. So given the downer that is a down market, profiting become harder on average. Some do great but the average person should assume that the law of averages to applies to them...
The basic thing is that while there are ways to play down-markets, down-markets and up-markets are not mirror image and are not simply "different ways to make money".
An up-market inherently creates - maybe-not-money - but the appearance of money, the availability of money, "liquidity". An healthy up-market inspires healthy production and makes the liquidity it generates really correspond to people having more wealth on average. An unhealthy up-market naturally involves mis-allocated resources and its liquidity thus becomes illusory and so it is followed by a down-market. A down-market eats liquidity and decreases production meaning the decreased-money people have really corresponds the people also having less stuff, on average. So given the downer that is a down market, profiting become harder on average. Some do great but the average person should assume that the law of averages to applies to them...