First, I would like to clarify that this is not a financial advice. I just want to share my strategy so that if someone with same scenario like me can either copy or have a simple guide on what to do.
Accumulation - I'm accumulating coins/token as many as I can to prepare to the next bull run. I will not discuss all of the coins I'm getting but I will share some examples.
A) Accumulation through GPU Mining - my former main source to accumulate crypto before ETH POS
I started mining ETH since January 2022.
And yes, I'm a bit late in crypto investing, eventhough ETH started to switch to proof of stake, i decided not to sell my GPU's and proceed with speculative mining Ergo and Flux. Speculative mining is not currently profitable but I'm accumulating tokens and speculate that prices might go up someday. Since I do this as part time, I still have a day job to support and pay for electricity and since i'm also mining with less power and minimal settings.
B) Accumulation through DCA. - my main source of accumulating crypto
DCA or Dollar Cost Averaging is my strategy after ETH switched to proof of stake. I'm taking only 5% of my monthly salary and inject it to buy more coins/tokens. I just don't buy, I perform technical analysis first, every dip i make sure to have a buy orders prepared. I don't go all in and I mostly leave some extra of that 5% to some stable coins.
C) Accumulation through Buy and Sell coins/tokens
I don't sell all of my crypto, since i can do technical analysis, everytime I buy I make sure to always take profit everytime the price goes up and buy back again when it goes down. If prices didnt go up after I bought, I add those coins/token into my staking or savings funds (see next).
D) Accumulation through Staking coins/tokens
When my TA fails I do not sell at a loss (except for Solana that I decided to swap them to different coins after FTX debucle, I will not discuss everything but my simplest explanation is, Solana is heavily tied to FTX so I thought I need to protect my investment and decided to swap them to other coins). So if price didnt go up after I bought, I just add them to my staked coins so I can accumulate more.
E) Accumulation using my extra time through paid to click/surveys/watching ads sites. I called this as my side hustles.
Side hustles through: watching ads, get paid to click websites, answering surveys, reading blogs and earn, tipping bloggers to also earn, joining Airdrops through easy task.
Examples are: In Coinpayu i have earned more than $100 dollars ever since I started. Got free NFT and sell it for $50 just by logging in daily via Coinmarketcap website. Earned more than $10 just by writing blogs and tipping fellow bloggers via Publish0x. And many more other sites, just make sure to legit check first or do some research before joining any sites.
F) Accumulation through Futures Trading
I'm not heavily leveraged, just x2 or x3 with some of my coins. x5 to x8 with my stable coins. Everytime I profit, those profits will be added to some of my stashed coins or tokens. I win some, I lose some, so if I lose I do not deposit randomly and will just patiently wait til next month, so some of my Futures funds (1% or 2% of the entire 5%) also came with the 5% I alloted with my salary every month. I trade via Binance and Kucoin.
Not a financial advice to put lots of money in any exchanges so please, just leave little amount in any exchanges if you want to do trading.
G) Accumulating more crypto via Play to earn games
Since I still have a day job i cannot afford to use more time and brain cells strategizing with other games, so i picked browser game Rollercoin and apps from Bling Games to accumulate more crypto.
Please note that I will not post any of my affiliated links because my only purpose of writing this is just to share what I'm currently doing.
Most important thing to remember "Not your keys, not your Crypto".
Before FTX debucle and Binance FUD (not just binance, also other crypto exchanges FUD), all of my assets are distributed elsewhere, Binance, Kucoin, Coinbase, Abra, Onus, Matrixport and Whalefin crypto exchanges. I decided to transfer them all in on my 3 different personal wallets.
For now I'm only using a burner phone as a hot wallet and installed Metamask, Truswallet and Exodus. Most of the time it's offline and I know cold wallets are a lot safer but I'm just utilizing every devices that I own and will just buy cold wallet when their prices goes down a little.
Feel free to share your own strategy maybe I can also use them.
I guess that's it for me and will just write an update if something changes on my strategies. Hope everyone who reads this learned something, and hoping that everyone will finally achieve their financial goals this year.
Happy new year! Cheers!