I don't care what bitcoin does. If you're anything like me, you're not going back.

Back to what, Alucard?

Back to the physical workforce. Back to working for money instead of for a cause. I'm all in on crypto, bear or bull. 

Crazy how inventive the mind gets once you set it on a path. I've found a few ways to make sure you can stay in crypto even if we go through a bear market. Some are safe; some are degen. I'm bringing them all to you.

Play to Earn

You can earn crypto, like legit amounts of crypto, getting into the play-to-earn industry. Axie Infinity is the number one game here.

One of the best investments I've made is in Axie Scholarships. That's when you front the initial cost of Axie Infinity to someone who can't afford it. You give them the play account; you keep the wallet. They play and earn the crypto, SLP in the case of Axie. You pay them a percentage of the SLP and keep the rest (going rate 60-40%, their way). Passive income. Rinse and repeat for multiple streams. You may need multiple player accounts if the price of SLP falls with bitcoin, but there are two advantages here: 1. The price of getting in also drops; and 2. SLP is outperforming bitcoin right now. So is the entire P2E industry. Fortunately, P2E seems to be less correlated with the "mainstream" crypto market than it should be.

Axie is on Metamask/Ronin, but the Wax blockchain is the number one chain for P2E right now.

Cagyjan is the best influencer to follow in this industry, in my opinion.

Defi Skills

Defi gains are drying up in terms of capital gains on token prices. But you can sustain yourself if you learn the ecosystem. Defi as a whole is now strong enough to keep your money in like a real bank. Which means you are really your own bank! You won't really see how freeing this is until you try it for yourself. Instant loans while retaining collateral is gold. Even with the losses I've taken recently, I can sustain myself for years on defi alone just circulating liquidity and arbitraging interest rates.

One new technique I'm checking out is leveraged yield farming on Rabbit.Finance. Leveraged yieid farming is not a new thing; Alpha Homora did it. But Rabbit introduces an important new feature — the ability to borrow EITHER side of the yield farm.

With Alpha, you're stuck borrowing volatile tokens if you want to yield farm. This is true even if you want to yield farm a pair with a stablecoin in it. With Rabbit, you can borrow the stablecoin. Bottom line —

If you're borrowing a volatile coin in a leveraged yield farm and the market tanks, you get liquidated.

If you're borrowing a stablecoin in a leveraged yield farm and the market tanks, you don't get liquidated.

This is huge. It means you can yield farm on borrowed money without having to worry about the downside. If I'm right on this, you basically get free money when the market is down and you can just wait until it rises again to cash out, in the meantime collecting juicy rewards. I'm testing my thesis with 5 digits of real money, so I'll let you know. Fingers crossed that Rabbit doesn't shit the fucking bed.

Even if it does, there's legit stuff out there. I use Fortube and CREAM. By the way, not an endorsement for either. I'm actively monitoring their social groups and will pull out of either at the first sign of bullshit. Fortube is considering implementing flash loans, which is fuckin the biggest red flag right next to DAI vaults. DYOR.

It's always good to have money borrowed on these lend/borrow platforms so if they tank, you don't lose 100% of your holdings. For instance, if you have $50k worth of stablecoins on Fortube, keep $20k borrowed out. So if Fortube takes a shit, you lose $30k, not $50k.

New Project Launches

Newer projects, especially those in the crypto casino industry, seem to be uncorrelated with mainstream crypto. I continue to be surprised with the performance of Biswap, which maintained its price point of around $1.60 even in the middle of a 14.5% market dump. Biswap just partnered with Betfury, a well-known crypto casino site.

I think that mainstream crypto going bear will push people farther out on the yield curve for a little while. Maybe not forever, but for a bit until the bear really sinks in. You got desperate people and YOLOers still looking for that 100X on their little $50. They can't get it from projects right now. But they can possibly get it from gambling. That's why I think gaming project launches like Biswap are outperforming.

Keep in mind, Biswap is just an example. The coin recently doubled, so it might be too late to get in. DYOR, because timing is extremely important when you take these trades. But you could maybe get some other leads by joining the Biswap Telegram group and poking around.

Also, remember the Pulsechain launch is coming up. Pulsechain is a state fork of Ethereum, meaning you get double copies of all tokens you have on Ethereum during the snapshot. The Pulsechain mods are complete stupid pieces of fucking shit, but the project is worth looking into.

Referral Crypto/Ponzi Sites

There's a whole mess of ponzi sites that seem to be uncorrelated to the rest of the market. These are sites based on referrals and they openly offer no fuckin value other than the ability to keep the ponzi going for a long time. These are not tech based, but community based projects. The better the community, the longer the ponzi, and the more you get to make.

You really need just another kind of radar to be successful here. It is a radar I don't have. You also need a team. There are folks who come into these spaces as a group and dominate. It's not for me. But I do know about the space, because I keep an eye on everything in crypto. See, I know for a fact I don't have all the answers, and I'm not going to impose my bias on you. Perhaps you're more social than me and you have a team. Well here is your bear market moneymaker.

The only guy I trust in this space is a Youtuber called Stunna Breezy. He's not right all the time. But he's legit all the time. If he fails, it will be an honest fail, not leading you into a trap like some of these other greasy channels I've seen. There's also another whole consortium of channels started by pimply faced teenagers who got lucky on one ponzi and think they're experts now. If you hear a voice that sounds obviously 15 — high-pitched, excitable, and cracking all over the place — avoid that channel at all costs, no matter what kind of P&L it shows. I mean it. I saw one moron do all these calculations on how Iron.Finance was gonna make him a millionaire in like 2 weeks. Not 6 hours later Iron.Finance got hackt.

Not 6 hours after that, this retard was making another video on another scummy looking project. OMG.

Other Tips

Take some value out of crypto and buy some value-generating asset. I don't put it past gubment to try and attack stablecoins while everyone is in them waiting out the bear market. Read about stablecoins here.

Big brain play: Cycle some of your crypto gains back into the traditional stock market. Sell in the money LEAPS calls to protect against downside there and generate cash flow for current expenses and to get back into crypto once the bull comes back. Pay off the LEAPS once crypto comes back and retain the stock while growing your crypto and maintaining your lifestyle.

Bitch, I'm not going back.

———

AlucardCrypto Telegram JoinUp Link ---> https://t.me/alucard0x
Once we hit 10K followers on Publish0x, we're doing exclusive AMAs. I believe that's a first here, so let's do it!

YOUR GUIDE TO MAKING MONEY IN CRYPTO STARTS HERE ---> Making Money in Crypto Part 1
Why you should buy your Tesla (and everything else) in BTC ---> Why You Should Buy Tesla With Bitcoin
Find out why Chainlink 2.0 is a problem for your freedom ---> Why Chainlink Will Kill Crypto
Why Hexicans/Pulsechain Fags are Pieces of Fucking Shit ---> The Problem with the Hex and Pulsechain Community