Currently cryptocurrencies are experiencing a bear market in which many people fall into despair and sell at a loss. In the middle of this, what can they do or what is better to do not to fall into despair, but at the same time make a profit or increase your capital in cryptocurrencies. The first thing to keep in mind is that cryptocurrencies are very volatile and you should know when to make a profit on your investments and when you should wait for the price of your investment in cryptocurrencies to recover so that you can sell at a loss.
I recommend when there is a market as bearish as this, that the investments you have made in cryptocurrencies are invested in reward plans offered by the different exchanges. Now there are two things to consider:
The first is that when there is a bear market and you make such an investment, you can earn more fractions or the entire crypto asset for its low price.
The second is that this capital better increases your investment by leaving it in the medium or long term in these plans offered by these Exchange, than leaving them there while their value decreases even more.
When is it better to invest?
Many people may tell me that this is not worth it, but I am going to explain why it is better to invest in these plans when prices fall so much.
When prices are high, the percentage you get when you make these types of investments is very little, but it can increase a little more if its price is lower. The profit you make may be small, but this increases your capital. I think it is better to take advantage of these moments than to leave your capital there, that it can provide you with passive profits.
This type of investment is more focused on the main cryptocurrencies, but recently they have added others such as SHIBA INU, SAFEMARS, AKITA INU, among others. I will give two examples:
The first is with SAFEMARS, this cryptocurrency works under the Binance Smart Chain network. You can have daily earnings in Metamask just by HOLDing this cryptocurrency. On 04/24/21, I bought 93,228,290.13 at Pancakeswap and as of today 23/05/21, I have 94,114,672.77; this represents a gain in 29 days of 886,382.64, that is, 30,594.91 per day. Only for having SAFEMARS in Metamask.
The second is with SHIBA INU, this cryptocurrency works under the Ethereum network. Several exchanges offer investment plans to obtain passive profits. HotBit offers a seven and 30-day plan to earn more SHIBA, minimum investment 10,000,000. I made an investment of 13,000,000 for 7 days. On 05/20/21 and it started counting from 05/22/21. Today I could see in the investment panel a profit of 1,270 SHIBA corresponding to that day.
Comparison between both plans:
When we look at the profits I have made, Matamask seems to be the best investment option as I make more profits per day. This is where I say that in the midst of a market as bearish as this, our assets can continue to increase and so when prices rise, so will our profits.
You can answer this question in the comments: What are your cryptocurrency investments doing for you?
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