Bear

How to Take Advantage of a Bear Market

By Buzzbeeg | The Crypto Cave | 3 Aug 2022


Bear

The Bear is Your Friend

No one likes to see the paper value of their crypto portfolio plummet. And no one likes riding out a bear market that will probably last a few years. But the bear is here to make you rich. How? By giving you a chance to stack your bag! Did you miss out on buying Polkadot, Chainlink, or Polygon? Buy them cheap! Want to acquire 1 whole Bitcoin? Now's the time! 

The bear is here to take sweet honey crypto from the undeserving and give it to those who know the true value. Now is the time to accumulate.

Fear

What if the market has not fully corrected? What if Bitcoin hits USD 10,000? Maybe it will but maybe it won't. No one knows how crypto will behave when there is a worldwide recession. No one knows if the contagion from 3 Arrows and Celsius is really over. The lazy man says "There is a lion outside! I might be killed!" Timing the bottom and top of the market is impossible. Do you believe in the long-term value of Bitcoin and other high-quality cryptos? Then dollar cost average! Don't go all in at once. Just buy a little at a time. Don't look at the price of Bitcoin every day. That leads to madness. Most of all don't invest more than you can live without. Always have emergency money for a rainy day. This will keep the fear away. 

Grow Your Bag

bag

Now is the time to grow your bag! And there are a lot of ways to do this besides dollar cost averaging. 

  • Buy proof of stake coins like Divi, Polkadot, or Cardano and earn passive income while the market sorts itself out.
  • Write for Publish0x, Hive, and other crypto content platforms and earn crypto.
  • Use platforms like Lolli and earn Bitcoin by buying things like food and clothes.
  • Yield farm with trusted Defi platforms.
  • Earn new tokens on Bounty0x. 
  • Offer your services for crypto.

Now is the time to acquire! 

If you mow a lawn for USD 20 worth of Bitcoin today you will be given 0.0008571642. But at the top of the market, you would have received only 0.0002857214! Now is the time to grab those coins! 

 

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Buzzbeeg
Buzzbeeg

I work for several Cryptocurrency projects including Silica neXus and Divi Project. I also write on Quora and share many of the same posts that I share here.


The Crypto Cave
The Crypto Cave

The fun side of crypto; making money, blockchain games, and learning. Like my thoughts on Crypto? Check out my Quora space: https://cryptocave.quora.com/ and 🔥Subscribe to our Free Investment Newsletter. https://theartofthebubble.com/newsletter/🔥 This post is provided for educational and entertainment purposes only and should not be relied upon for business, investment, taxation, or legal advice.

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