February 03, 2022 - Thursday, 05:00 PM

We all know how volatile crypto and it's market is and when we talk about volatility, there is always an uptrending and downtrending happens as the market moves. The said uptrending is called a "Bullish Market" while on the contrary the downtrending is called the "Bearish Market". As the crypto-verse is having a bright glimpse for it's future adaptation and who knows even ends Fiat Money existence in the near future.

The Bull's and Bear's of Crypto Market also had some synonyms to it as it aged.

"We all know the "Millennials" generation and the "Gen Z" where most computer literates human beings belongs and tend to put or used shortcuts in anything they do."

It's uptrending and downtrending are also prepared to be called by other crypto enthusiast as the "Pumps" and "Dips/Shrinks" wherein it's the most applicable term to be used for the short uptrend in pumps and the short downtrend as dips. On the other opposite side of short is of course the long uptrend which is called "Skyrockets" and the long downtrend "Crashes". Then there's this one I know which is commonly used as the Red/Bloody Days for the downtrends and Green Days for the uptrendings.

To Buy the Dip or To Farm?

For the last three weeks, crypto market is on a bearish one and so does SmartBCH Tokens are. Now lets talk about about what to do on a bearishing market.

The basics of trading is to buy low and sell, so we're on a Bearish Market as of the moment and it's the right time to buy the dip if you have funds for it. Buying the dip can be as easy at breathing fresh air but it comes also with risk. A risk wherein if you have bought the dip and it continues to shrink's it could end up to stuck or a sleeping unprotected investment for awhile. The only good thing in buying the dips is for those holders who are committed for a long term investment.

If ever your fund/s is stuck in buying the dips, then that's the time yield farming comes to the scene and may salvage the fund even on a bear market. If you know about yield farming and pool staking, you already know what I mean.

Why Bearish Market feels like non-existent on SmartBCH Chain!

When you indulge yourself with SmartBCH, you won't feel that bad on a bearish market, somewhat like it's non-existent at all. I maybe wrong with this but SmartBCH is the first Web 3.0 projects I indulge with, even though Web 3.0 hasn't been launch, I'm glad SmartBCH already giving us glimpse of what will it be. SmartBCH is the perfect example of Web 3.0 projects that comes with DApps and Decentralized Exchange's (DEX) that offers a broad and unending opportunity to possibly earn with yield farming offers and pool staking.

Therefore, even on a bearishing market with SmartBCH you won't felt it that bad not at all once you learn all this and maximize your way of using your funds.

Author's Point of View

Indulging one self with crypto is stressful, especially if your up to trading and gain mindset because you'll get caught with what they called as Fear of Missing Out (FOMO) and once you open a trade, you need to keep an eye on the live market price with almost all the possible time you can spare for it and that's what I mean by stressful.

On the contrary, if you only want to support crypto and it's original concept to be a decentralized money for all wherein we can easily to things online with the use of it then I am woth you. Who else could say no to an evolution of Money that's free from all Centralized Banks and Government Laws chill'hustler's, isn't it promising to y'all? Will if you ask me, revolutionary...!!!

And that's it for now chill'hustler's, hope you're liking what have you read..! Hehe...!!!

Hello there Chill'hustlers!! 🙋🏽‍♂️ As always, I'm glad you reach the end again, thank y'all for always sharing your day with me, see you on the next one Chill'hustler's. Have a chill vibe love month and stay hopeful cause better days are comin', Good vibes always, Jah bless and PEACE ✌️!!! 🙏🙇

Adieux!

Title   : Buy the Dip or Start Farming: 
          Why Bearish Market feels like 
          non-existent on SmartBCH Chain!
Carewind: 42nd Article 
February  03, 2022 - Thursday, 05:00 PM

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