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Why I Prefer A Bear Market

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Written by   89
1 month ago

Let´s get one thing clear, no discussion on this being a bear market or not.

I've been wearing my Bearish hat for weeks, I've been writing Bearish posts and I agree Bear or Bull is all a matter of opinion. But I am Bearish, and I like it.

No, I did not say lick it.

What´s to like about a bear market?

Well, basically everything.
No worrying about the market going up because it is not. And it will not go up for about a year. Of course, the market moves, but nothing that will keep you awake at night.

Unless you are that one person that did not read rule number one of crypto:

1. Do not invest what you are not willing to lose

Secondly, everything is on sale...and I am Dutch (although I do not live there atm) so I am/like cheap.
For those of you who joined in late 2020 or even later, this is probably the cheapest time you have ever bought crypto. And the even better news is....it will probably get even cheaper (if my previous analysis is right.

Point three, you know there is a light at the end of the tunnel....so you have something positive to look forward to. Compared to a Bull run, where you are always worried that it´s gonna end.

That brings us to point 4

Which is the most famous point of all.

Bull markets make you Money, Bear Markets make you rich.

Now, why is that? I have to refer you back to point 2 about me being a cheap Dutchie.

Coins are low right now and the bottom is probably not yet in sight. That will allow buyers to truly buy the bottom. Buying at a price that (based on historical data) never returns.
Not even at the bottom of the next cycle. This opportunity only appears once every four years, and the time that it should appear is NOW.

BTC so far has done a 7X a 15X and even a 20X from the bottom to the top during these last cycles. So a 7X is kind of a sure thing. And that´s for the conservative BTC, imagine what a good ALT could do.

Bear markets allow you to buy at a premium price and once bought you only have to sit back and hibernate till the bulls are back.

Or learn some new skills.

Just Kidding

As I told you guys two days ago I am not gonna sit on my bearish butt, I am planning on even grinding harder than ever.

  • Earning

  • Learning

  • Writing

Keep Earning

That means:

I will keep posting on Noise and Readcash because BCH went from $400 to $200, which means currently I am receiving twice as much BCH for the same effort.

Keep holding those BCH Sats on Celsius allows accumulation of more (CEL) sats.

The same applies to Publish0x, , I keep diligently learning from my peers and earning (AMPL and STA) sats.

Stay active on TORUM, yes XTM dropped like crazy but when the metaverse explodes again so will XTM.

Stacking BAT rewards, just wait till BAT reaches $1.75 and you made 40 BAT just using Brave during the bear market.

Keep Learning

I still plan to deep dive into DeFI.

The price of mining 1 Bitcoin.

Improve my GIFs

Keep writing, well guess that one you will see by following me.

Thanks for the read and have a lovely Bear Market.

Post Scriptum:

Places where I do Liquidity Mining and Staking 

Cake DeFi.  Here you have to invest $50 dollars and you get 30 dollars for free. You can withdraw your 50 dollars at any time or use them for Liquidity Mining, Staking, or lending to earn more DFI rewards. The 30 dollars is locked for 6 months but earning you interest for the 6 months. https://app.cakedefi.com/?ref=197670 

Celsius. Celsius Network provides a platform of curated services with fair interest, zero fees, and lightning-quick transactions. You can store your crypto and get rewards or lend crypto with low fees. Celsius has been around since 2017 and stated to always have the best interest of the community in mind. My experience so far has been good although I will not stake all my crypto with them...NYKNYC

https://celsiusnetwork.app.link/1046126043

Disclaimer

I do not have any connection with any company I am writing about. I am not being paid to write this article.

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Avatar for BitcoinBaby
Written by   89
1 month ago
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Comments

I am using still noise and read dot cash, I need to join other platforms as well. But I was not able to earn anything from them. For buy I didn't want to be Dutch.. I buy from surface and sell at sky.

$ 0.00
1 month ago

This is interesting, and more reasonable with great point to hold on to. The posted content is a must read for every cryptocurrency trader, and investors, as it will give them some scope of operational direction. Reading this have added some extra scope to my cup of knowledge inline with what I already know about trading and investing on cryptocurrency.

Yes, it is indeed time to start preparing for the bottom, in other to facilitate the swift buying when it triggers at the bottom. However, buy at this level, isn't a bad one as well, just as rightly stated, for an example, Bitcoin cash that have been busy on the price value of $390 to $420, in the past, have now come this low due to the dip encountered lately, so, buying at this level, gives one the edge to get more quantity ahead the visitation of the bull.

However, I will say a great thank you, for such and interesting, and informative posted content.

Best wishes. Cheers.

$ 0.00
1 month ago