OMG crypto is low ! what do i do ?

[spy100]

OMG crypto is low ! what do i do ?

Well let me tell you what you do when crypto is low (shhh don't tell anyone it's a secret ...):

1.You build dapps
2.You create nfts
3.You start selling something
4.You create tokens

etc...

Why ? Gas fees are low when crypto is down ...when crypto is down be creative.

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[Darker45]

The crypto market is already inundated with countless of such things. Dapps, NFTs, and all kinds of tokens are created all the time and for no reason other than the hope that value is made out of them, unreasonably. There seems to be such pattern in the market. Developers are now like playing a lottery with crypto projects. They make one project after another hoping that one of these projects could hit it big in the market. The same goes to NFTs. And this is precisely the reason why the crypto market has become toxic and polluted.

[spy100]

The crypto market is already inundated with countless of such things. Dapps, NFTs, and all kinds of tokens are created all the time and for no reason other than the hope that value is made out of them, unreasonably. There seems to be such pattern in the market. Developers are now like playing a lottery with crypto projects. They make one project after another hoping that one of these projects could hit it big in the market. The same goes to NFTs. And this is precisely the reason why the crypto market has become toxic and polluted.

No the crypto world has color ... else it would be black and white ...it's good that people build , does not matter what they build.

[kotajikikox]

OMG crypto is low ! what do i do ?

Well let me tell you what you do when crypto is low (shhh don't tell anyone it's a secret ...):

1.You build dapps
2.You create nfts
3.You start selling something
4.You create tokens

etc...

Why ? Gas fees are low when crypto is down ...when crypto is down be creative.

I already did the number 3, i sold something but also i Bought another ..

creating NFT and Building DAPPs is a Nice opinion but it is not that easy to do , and also this needs high capital/investments things that ordinary member here cannot afford to spend and risk.

but you have a good point about that Gas fees lowering in this kind of season.

[Jawhead999]

What? There's no relation between all those you mentioned above and bear market, more over it make your product get less demand since no one is panic and fear. The good thing to do when it's bear market is start doing DCA or buy Bitcoin every dip, in the long run when the market recovered you'll earn profit after doing that. Actually you don't need to create those stuff in Ethereum chain if the gas fee is expensive, there's many alternative.

[uneng]

1.You build dapps
2.You create nfts
3.You start selling something
4.You create tokens

I just feel sorry for those who are going to buy and invest on these stuff, because instead of taking the opportunity of cheap prices to put their money into something useful like bitcoin, which will return them profit on long run, they are going to waste money with ephemeral trends that are likely to last few months at the best scenario. On the other hand, I can't deny it's totally profitable for developers behind such projects...

In crypto universe, even those who bottle up smoke to sell for a living have chances of success, because that is the kind of market where people buy anything, doesn't matter how useless it can be.

[mk4]

Yea, nothing like creating more and more unnecessary tokens in a bear market that will very likely end up being trashed in the end anyway.

Or maybe, you know.. look for ways to have extra cashflows so you have more money to buy bitcoin dips.

[Poker Player]

I don't care about crypto, as I only have Bitcoin. As for it being supposedly low, it doesn't change what I do. I buy regularly and that's it. I like it better when the market is bullish and we are beating ATH after ATH, but up or down I just buy periodically and I am done. In any case, if I were to do something different in the case of the low market, it would be to buy more, just as when the market is bullish, to make small partial sales.

[southerngentuk]

Lately, I find it harder to make a profit than before, and it's hard to express what's going on and what the future holds. I'm really thinking about the Fed raising interest rates, and I'm going to enjoy a long break for the time being, and investing in this market will be shelved or just spend a bit of time on it.

[davis196]

OK,but what if I don't have programming and webdesign skills?
What if I don't have money to hire a good programmer to develop a "revolutionary" Dapp for me or a web designer to create the best NFT in the world for a small fee?
I guess that I will have to stay poor for the rest of my life.
It seems to me that you are trolling or trying to be sarcastic with your post.
The gas prices are what repulses me from Ethereum and everything that was built around Ethereum.
After so many years of endless hype,Ethereum transactions aren't more affordable than BTC transactions and ETH still isn't getting better than Bitcoin.

[Oshosondy]

There is a coin called OMG, that was not what you meant, but it can be confusing.

Well let me tell you what you do when crypto is low (shhh don't tell anyone it's a secret ...):

Let me tell you one that is not secret because it has happened countless numbers of time, there are many altcoins that will dip more in bear market but never reach ATH for a long time again even after bitcoin has reach AHT again. Altcoins are dangerous, only some of them are good, more research needs to be done.

My advice for you is to buy bitcoin which we still know will reach ATH again.

[Obito]

The problem with your proposed solution is that you're going to be creating something in the bear market and you will have far less people getting into your product because they want to make sure that they're not going to make losses when the market is going down, I think that it's a good idea but yu need to be smart on how you're going to execute because your idea might not be the first.

[NeuroticFish]

OMG crypto is low ! what do i do ?

Who cares about the altcoin stuff you are writing there? Price is low? Buy the dip (and you can be pretty creative on finding more sources for funds) or simply wait. Sooner or later it should grow again.

[n0ne]

There is more bearish prediction associated with the Ukraine - Russia war. It is time to sell and wait for the opportunity to buyback. The price has been decreasing gradually everyday. There is no immediate drastic drop. Maybe some positive news can change the market movements, but it won't last long as the market used to correct after a price pumping. What OP has mentioned can be done unlike the market situation, because the real-time usage and the uniqueness values the project.

[m2017]

OMG crypto is low ! what do i do ?

Well let me tell you what you do when crypto is low (shhh don't tell anyone it's a secret ...):

1.You build dapps
2.You create nfts
3.You start selling something
4.You create tokens

etc...

Why ? Gas fees are low when crypto is down ...when crypto is down be creative.

Creative people and teams do not stop being creative depending on the current market trend. They create at any time and such is their essence.

You talk about gas fee that pushes people to be creative. Why not just use blockchain where fees are always small, regardless of the time of year or situations on the market?

Why is there no "5.You buy crypto" that would be better placed in 1st place?

[PrivacyG]

Or just take a few months off the Internet.  Sitting in front of the charts for too long is bad and the Internet does not help with all the negativity surrounding it.

What do you do?  If you were smart and invested a decent amount you can afford to lose, you probably only watch the price moving and do nothing or buy the dip.  If you invested more than you afford to lose, you are now probably panicking and you should take this as a lesson not to be greedy anymore.

Yea, nothing like creating more and more unnecessary tokens in a bear market that will very likely end up being trashed in the end anyway.

Your Cryptocurrency portfolio is going down?  Stop feeling alone.  Create useless tokens and help others lose money as well!  Or create an NFT and hope it sells for a lot of coins so you earn a bag of money while the buyer will go broke as soon as the NFT hype is over.  Be creative!  The trick Cryptocurrency millionaires do not want you to know.

-
Regards,
PrivacyG

[Strongkored]

1.You build dapps
4.You create tokens

This ways will more leads you waste of money than more gain money from bear market especially if you don't have the ability to develop it.

3.You start selling something

This method can provide more profit if you accept crypto as a payment and the profit will be more if you sell your crypto during the bull market.

Why ? Gas fees are low when crypto is down ...when crypto is down be creative.

Creative is not just about creating something but also maximizing opportunities when crypto prices drop with buying gradually when prices still tend to down.

[btc78]

OMG crypto is low ! what do i do ?

Who cares about the altcoin stuff you are writing there? Price is low? Buy the dip (and you can be pretty creative on finding more sources for funds) or simply wait. Sooner or later it should grow again.

exactly , why need to risk in altcoins stuff when there is a more reliable and more profitable investment and that is existing good coin specially Bitcoin. and there are altcoins that has been in market that serves us profit and been proven for long years now.

Creation of product is good depending on the usage likewise but it not good for bear season because real investors will hardly go for new product that have yet to be established. Investors now will still prefer to hodl on to top coins and buying bitcoin now is a good bear decision. That is what most people are going to be doing with the bear rather looking for new project.

Perfect, it is HOLDING is still the best strategy to use now.

[arwin100]

OMG crypto is low ! what do i do ?

Well let me tell you what you do when crypto is low (shhh don't tell anyone it's a secret ...):

1.You build dapps
2.You create nfts
3.You start selling something
4.You create tokens

etc...

Why ? Gas fees are low when crypto is down ...when crypto is down be creative.

If you are skilled enough to build those things then create it and step out on your comfort zone then build what can help you earn a profit. But if you are just a simple trader which doesn't have those skills and only know how to trade then better chill out when market is low then buy when dip comes and sell at pump this is the basic thing we should noe which sometimes hard to execute but if you are experience trader for sure you can do things repeatedly without getting stress in the market.

[Reid]

If it's that's easy then it is a good recommendation. But it's not.
What to do?
I'd rather be the consumer and buy more while the price is cheap. Being a creator requires knowledge and then a team whom you need to pay for their allowances and other stuffs. That means spending which could have been input in a different way like purchasing. Also consider the efforts and time consuming individual hunt to form a group.