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Author Topic: Earning in a bear market  (Read 202 times)
Xal0lex
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June 10, 2022, 10:22:18 PM
 #21

Hi everyone, since the bear market is upon us is there any kind of staking that's good for a bear market or staking are generally bad in this type of market condition? Can be APY or APR, drop your earning strategy in this market condition.

Not looming, but reigning in for a long time. Staking in a bear cycle is only justified if you are providing into the staking coins that you already own and bought at a low price. If you try to buy steaking coins during a bear market, chances are good that while you are steaking those coins, their value will drop even more, and the interest you earn on the steaking will only cover the losses you incur because of the drop in the price. It makes no sense to chase high APYs, because high APYs don't last long and they also have very high fickle losses.

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BuNga_cute
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June 10, 2022, 10:29:45 PM
 #22

Hi everyone, since the bear market is upon us is there any kind of staking that's good for a bear market or staking are generally bad in this type of market condition? Can be APY or APR, drop your earning strategy in this market condition.
I'd see HOLDING as the best option to take this current situation and the safest thing to do.
Might can do trading provided that you are really good at this or else, you will just lose.

Buy now and hold - everything seems so easy to manage, unlike if you do staking were you risking your money especially if you use non-reputable exchanges. What I want to tell you OP is that think it many times, and don't get fooled by some promises unless they can be trusted. Do the thing in favor of you and if you feel comfortable.

We really have to be careful in bear market situations, whatever decisions we make must be in accordance with our own research and analysis.
Don't rely on other people's opinions, which usually other people will promote certain coins for us to buy, in order to benefit themselves.
Actually there are many ways to be able to make money in a bear market situation, the problem is whether the decisions we take are
high risk or not. If we decide on staking, the risk is big if we choose the wrong coins and platforms for staking. Because I prefer holding top coins
in a bear market situation, the risk is much smaller than staking. But the decision is in the hands of each of us, if we feel we already have good
knowledge and have experience in the crypto world, please take a decision that we think is good and profitable. Because only ourselves really know
what is best for us. And for me holding Bitcoin and ETH is the best way to make a profit in a bear market situation.

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June 10, 2022, 10:30:32 PM
 #23

Hi everyone, since the bear market is upon us is there any kind of staking that's good for a bear market or staking are generally bad in this type of market condition? Can be APY or APR, drop your earning strategy in this market condition.
Bear market won't last forever thus the best bet is to buy and hodl for the rainy day ahead, any alternative form of income generation apart from trading is very risky stalking inclusive, once the market becomes Bullish stalking some coins will be profitable, personally I am a trader and the market is always profitable whether in Bullish or bearish market, however it take alot of learning and time with dedication and concentration before you can think of earning profit, however many newbies wanted to make quick cash via stalking irrespective of the market conditions

Psynthax
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June 10, 2022, 10:41:22 PM
 #24

I think in the middle of bearish market staking will be a really bad idea, considering that the reward from APY itself could be eaten up with just slight correction, I think in bearish market if you want to stake, you shouldn't determine the return of investment from the reward you get from staking in form of USD instead it's like accumulating altcoins for the upcoming bullish run.
it's better for accumulation instead of staking I guess, but if you are having some altcoins that you gonna hold long term, staking gonna be a great idea, as long as it doesn't get locked for long.

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June 10, 2022, 11:11:01 PM
 #25

Hi everyone, since the bear market is upon us is there any kind of staking that's good for a bear market or staking are generally bad in this type of market condition? Can be APY or APR, drop your earning strategy in this market condition.
I have ever thought to stake in Binance but the profit is too small for the amount that I have. So, I am not thinking of doing that, better to trade shortly, but not for daily.
However, if you have enough amount, actually the apy is good enough. So far I only use Binance. But you can also check other top exchanges that give you high APY, Btw you can check on PancakeSwap, they give high APY, but they are DEX.

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June 10, 2022, 11:19:40 PM
 #26

Hi everyone, since the bear market is upon us is there any kind of staking that's good for a bear market or staking are generally bad in this type of market condition? Can be APY or APR, drop your earning strategy in this market condition.
Staking isn't reliable enough. I'd tried this before and I feel I was not really comfortable with this, but maybe you?
We know that staking could give us some profit more than enough compare to the bank's deposit, however, we can't say it was really safe knowing that we deposit our fund to the exchanges and let them manage to keep safe with it. But if you dare to do it and you use trusted exchanges, there is no problem with that and you will see some percent profit every day depending on the term you have chosen.

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June 11, 2022, 12:29:21 AM
 #27

Hi everyone, since the bear market is upon us is there any kind of staking that's good for a bear market or staking are generally bad in this type of market condition? Can be APY or APR, drop your earning strategy in this market condition.
learing margin is profitable in bear market . You should only to do is short and short and you will earn mkney and take profit . I suggest to you to learn in margin trading future trade is profitable in bear market compare to stake in alts

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June 11, 2022, 06:03:19 AM
 #28

Hi everyone, since the bear market is upon us is there any kind of staking that's good for a bear market or staking are generally bad in this type of market condition? Can be APY or APR, drop your earning strategy in this market condition.

I don't think staking concern a bear or bull market, in my opinion. So it's really up to you whether you want to continue with this strategy or not.

As for earning in a bear market, others just continue to accumulate solid altcoins and then HODL. I know this might sound like a stupid idea, but this is a long term investment strategy. So you buy at bear market, fill your bags and then sell when the bull market arrives.
If you can buy to accumulate and HODL for the long term, why don't you just put the coins/tokens to staking? Whichever coins you accumulate and hodl for the long term will still be affected by the price action of that coin but staking will just give you additional coins over your hodling period. My take is, if you decide to HODL some coins during the bears market, it is wiser to stake them as well.
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June 11, 2022, 08:34:02 AM
 #29

Hi everyone, since the bear market is upon us is there any kind of staking that's good for a bear market or staking are generally bad in this type of market condition? Can be APY or APR, drop your earning strategy in this market condition.

I don't think staking concern a bear or bull market, in my opinion. So it's really up to you whether you want to continue with this strategy or not.

As for earning in a bear market, others just continue to accumulate solid altcoins and then HODL. I know this might sound like a stupid idea, but this is a long term investment strategy. So you buy at bear market, fill your bags and then sell when the bull market arrives.
If you can buy to accumulate and HODL for the long term, why don't you just put the coins/tokens to staking? Whichever coins you accumulate and hodl for the long term will still be affected by the price action of that coin but staking will just give you additional coins over your hodling period. My take is, if you decide to HODL some coins during the bears market, it is wiser to stake them as well.
Staking requires a high amount of token to earn better returns, this is why I don't like staking at all, imagine investing 10,000$ on a token and stake all this amount and it will take a whole year to earn 1000$ on the 10,000$, this isnt worth it.

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