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Author Topic: How will you keep the profits coming in the bear market?  (Read 192 times)
Ota.collins (OP)
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December 23, 2024, 06:21:12 PM
 #1

Now that the market has turned red, what are you doing to keep the profit coming in?

Many will talk about taking a break, and others will speak about airdrops and staking. From my observation, only a few usually take advantage of exchange events like Launchpool and PoolX.

Yes, staking and airdrops are good ways to keep the profit coming in, but in the bear market, we will see very small airdrops being distributed, so what will be the solution?

I am not promoting exchange events, but if you have some spare USDT, you can try out their events, like TOMA PoolX after DYOR.

You can also comment on your opinion and suggestions.
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December 24, 2024, 05:38:46 AM
 #2

Now that the market has turned red, what are you doing to keep the profit coming in?

Many will talk about taking a break, and others will speak about airdrops and staking. From my observation, only a few usually take advantage of exchange events like Launchpool and PoolX.

Yes, staking and airdrops are good ways to keep the profit coming in, but in the bear market, we will see very small airdrops being distributed, so what will be the solution?

I am not promoting exchange events, but if you have some spare USDT, you can try out their events, like TOMA PoolX after DYOR.

You can also comment on your opinion and suggestions.

Given the price on TOMA during launch, staking is actually the only option to boost your portfolio for holders and the apr on POOLX is juicy so it's attractive. What do you think the price of toma would be Few months from now?
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December 24, 2024, 11:05:25 AM
 #3

The dips and corrections change themselves and the rally for Bitcoin would continue afterward.
And then there would be the end of it and the start of the alt season.
Nothing to worry in fact.

Ota.collins (OP)
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December 24, 2024, 01:03:09 PM
 #4

The dips and corrections change themselves and the rally for Bitcoin would continue afterward.
And then there would be the end of it and the start of the alt season.
Nothing to worry in fact.
Alt season and the last lap of the Bitcoin rally will happen together according to past market behavior, so when the bear market comes what will be the way to continue to make money?
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December 24, 2024, 01:12:49 PM
Last edit: December 24, 2024, 01:42:11 PM by markm
 #5

For me for many years staking DMD Diamond has been good income through bear cycles and bull cycles.

Also of course trading pairs that I want both sides of, used to be always BTC/something pairs of course but since starting to use actual platforms instead of centralised exchanges, the native currency of the platform (such as XLM on the Stellar platform) versus my various assets on that platform.

I have lately begun using my usual "huge columns of buy and sell offers" strategy on the XLM/BTC pair, my first experiment with trading a pair that is so huge that my own offers are relatively trivial compared to the amounts on offer at each price, a pair so huge my own offers do not really make a whole lot of difference to the movements of the price; I chose that pair since it does seem to move quite a bit (aka is volatile) thus most days at least one of my sell or buy offers gets taken, making me a profit in bitcoin or a profit in lumens, both of which are coins I actually want and have use for.

As long as their relative price does not hover for long periods between my highest buy offer and my lowest sell offer I will earn regularly in one coin or the other, and if for some periods fiat gives the illusion of being up in value compared to both of them that just means it is a bad time to buy fiat, I try to hold off on buying fiat with them until fiat goes back down again relatively.


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December 24, 2024, 01:18:30 PM
 #6

The dips and corrections change themselves and the rally for Bitcoin would continue afterward.
And then there would be the end of it and the start of the alt season.
Nothing to worry in fact.
Alt season and the last lap of the Bitcoin rally will happen together according to past market behavior, so when the bear market comes what will be the way to continue to make money?

Await something new and look up the trends.
And we are not done with Bitcoin at all.
 Cool Wait for the 2025 to arrive.

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December 24, 2024, 03:41:21 PM
 #7

Now that the market has turned red, what are you doing to keep the profit coming in?
First off, the market isn't red. What we've (or had) was a slight correction and the market has pushed up once again. It's just to shake off weak hands. Anyone who's shorting/selling the market at a time like this is heading themselves into liquidation. I don't know how long fundamentals are going to last in positive review of Bitcoin but while we're still at it, I believe it's better to long Bitcoin till we get to at least a X2 of its 2021 ATH.

Quote
From my observation, only a few usually take advantage of exchange events like Launchpool and PoolX.
Yes, exchange events and their tokens will perform well this circle. I'm studying those with low marketcap to find gems like BNB was discovered in 2017 but a lot of us sold that off too quick.

Quote
Yes, staking and airdrops are good ways to keep the profit coming in, but in the bear market, we will see very small airdrops being distributed, so what will be the solution?
To the best of my perspicacity, staking in a bull market isn't a good idea. You will lose out in taking quick profit.

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December 24, 2024, 03:58:10 PM
 #8

The market hasn't turned to red yet. Bitcoin is below its ATH, but it's still doing nicely. We still don't know what is going to be the peak for this bull season. In every cases, thinking on the safety of your funds, you can't keep profit coming all the time. That would be possible only through passive income investments, which demand you depositing your money at third party platforms, therefore not having total control over your money. It's not a good idea considering the history of scams we have been seeing in this industry along the years.

Best alternative is to just continue holding your cryptocurrencies until the market reacts positively once again. Or you can cashout all your funds and wait until the market crashes considerably to start investing once again.

The idea of staking is great on the paper, but in practice it doesn't go as expected. Altcoins lose too much price and the income you make through staking isn't enough to generate consistent profit.

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December 24, 2024, 04:25:17 PM
 #9

Now that the market has turned red, what are you doing to keep the profit coming in?
It's too early to say the market is sluggish, maybe it's just a few days, just look at the market now bitcoin will be back to $100K.

I am not promoting exchange events, but if you have some spare USDT, you can try out their events, like TOMA PoolX after DYOR.
Same, you seem to be promoting the exchange, maybe this is part of your own campaign.
This TOMA shitcoin is worthless, if I have USDT reserves I will not look at TOMA because it will not be profitable, it is better to stake in some DEX platform or buy bitcoin than buy TOMA.

R


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December 24, 2024, 04:57:16 PM
 #10

As far as i know, the market is not red, neither is it in a bear market. That being said, airdrops does not look like the way to keep profit coming in when we do actually get to a bear market, so many airdrops are just a waste of time. If you are hodling bitcoin and the bear market comes, the suggestion i can give you is to convert your bitcoin to stable coins and buy bitcoin back later, but whilst doing that, learn about the risks of hodling stable coins and decide for yourself.

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December 24, 2024, 09:53:16 PM
 #11

The only way to continue profiting in the bear market is to short the market at the right times but it’s a recipe for disaster. Sure you can time it well but during dead cat bounces or upturns you can get liquidated. It’s best to sell during the bull market & use some dry powder to buy during bear markets & hold until we are back in a bull market.
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December 25, 2024, 11:09:29 AM
 #12

Nah, I'm not in favour of taking a break or at least taking a long break. There are still some things that we can still look forward to but airdrops isn't on of them, even when the market was still bullish we were getting back to back dust, lol. Still staking is still the best bet especially if it's USDT. The apr for USDT might not be as high as that of other tokens but it's still the most stable for obvious reasons so I guess I might as well check out the Poolx. It's the one on Bitget right?
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December 25, 2024, 12:08:22 PM
 #13

The only way to continue profiting in the bear market is to short the market at the right times but it’s a recipe for disaster. Sure you can time it well but during dead cat bounces or upturns you can get liquidated. It’s best to sell during the bull market & use some dry powder to buy during bear markets & hold until we are back in a bull market.

It's too risky considering we do not know when the market will show a positive trend again, if suddenly the market becomes bull, then we will experience quite a lot of losses there. Rather than playing short, methods such as staking I think are quite wise to do, because we can get profit without any risk.

 
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December 25, 2024, 12:34:34 PM
 #14

Nah, I'm not in favour of taking a break or at least taking a long break. There are still some things that we can still look forward to but airdrops isn't on of them, even when the market was still bullish we were getting back to back dust, lol. Still staking is still the best bet especially if it's USDT. The apr for USDT might not be as high as that of other tokens but it's still the most stable for obvious reasons so I guess I might as well check out the Poolx. It's the one on Bitget right?
Airdrops have definitely lost their charm, back-to-back dust during a bull market was tough enough, let alone now, lol.

You’re right, PoolX is on Bitget, I’ve heard good things about the platform’s reliability.

https://www.bitget.com/academy/bitget-poolx-introduction
https://www.bitget.com/events/poolx
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December 25, 2024, 01:12:52 PM
 #15

Now that the market has turned red, what are you doing to keep the profit coming in?

Many will talk about taking a break, and others will speak about airdrops and staking. From my observation, only a few usually take advantage of exchange events like Launchpool and PoolX.

Yes, staking and airdrops are good ways to keep the profit coming in, but in the bear market, we will see very small airdrops being distributed, so what will be the solution?

I am not promoting exchange events, but if you have some spare USDT, you can try out their events, like TOMA PoolX after DYOR.

You can also comment on your opinion and suggestions.



Taking breaks? You are just wasting your time if you do that since you are delaying everything when you choose to do that. So instead of getting afraid on the situation maybe best to study the market and try to determine on how you could able to take advantage on each situation.

Those programs you mentioned is good option but it will just slow you down especially that some staking platforms doesn't give much returns to their investor. If you want to have great chance to gain especially if you have good patience to wait maybe best to invest your funds directly on Bitcoin since there would be more realistic gains to get from this coin compare if they just buy and hold those shit coins in the market.

R


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December 25, 2024, 02:02:24 PM
 #16

Nah, I'm not in favour of taking a break or at least taking a long break. There are still some things that we can still look forward to but airdrops isn't on of them, even when the market was still bullish we were getting back to back dust, lol. Still staking is still the best bet especially if it's USDT. The apr for USDT might not be as high as that of other tokens but it's still the most stable for obvious reasons so I guess I might as well check out the Poolx. It's the one on Bitget right?
Airdrops have definitely lost their charm, back-to-back dust during a bull market was tough enough, let alone now, lol.

You’re right, PoolX is on Bitget, I’ve heard good things about the platform’s reliability.

https://www.bitget.com/academy/bitget-poolx-introduction
https://www.bitget.com/events/poolx

Toma didn't do well in terms of price actions though but at least there's poolx you mentioned to enable users stake their allocation for more. So props to the exchange for this initiative. Did you lock yours?

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December 25, 2024, 08:12:16 PM
 #17

Now that the market has turned red, what are you doing to keep the profit coming in?

Many will talk about taking a break, and others will speak about airdrops and staking. From my observation, only a few usually take advantage of exchange events like Launchpool and PoolX.

Yes, staking and airdrops are good ways to keep the profit coming in, but in the bear market, we will see very small airdrops being distributed, so what will be the solution?

I am not promoting exchange events, but if you have some spare USDT, you can try out their events, like TOMA PoolX after DYOR.

You can also comment on your opinion and suggestions.
That seems what many will do, putting their money on stable coins and being prepared for what's about to come. And that's the market to be corrected. It's shopping time for most of us and that's the reason why it is going to be good moment of buying when we see the market is bleeding a lot. We don't have to be very active in trading but plan out how you're going to face whenever the market is in this situation. There is no need to be good in trading by that time but you need to be wiser than ever if you've got some experience in past when you have done a lot of mistakes already.

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December 26, 2024, 12:53:52 PM
 #18

As far as i know, the market is not red, neither is it in a bear market. That being said, airdrops does not look like the way to keep profit coming in when we do actually get to a bear market, so many airdrops are just a waste of time. If you are hodling bitcoin and the bear market comes, the suggestion i can give you is to convert your bitcoin to stable coins and buy bitcoin back later, but whilst doing that, learn about the risks of hodling stable coins and decide for yourself.
Yeah I agree, bull run or bear run, it doesn't matter, airdrops are in general are a waste of time. Of course there are like one in a few thousand that ends up paying a few bucks and those are the ones that gets famous and everyone hears about them and tries to make a better approach, but in reality we shouldn't really consider this to be a big trouble neither.

I believe we need to consider this to be a good return whenever we try our best, and airdrops are not the best way to make profit. I would guess that if you could just accumulate and keep your bitcoins, then you could make a real profit and the return would be better, you would make more money daily from bitcoin going up than most airdrops could ever pay you for your months of work.

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December 26, 2024, 12:58:41 PM
 #19

Now that the market has turned red, what are you doing to keep the profit coming in?

Many will talk about taking a break, and others will speak about airdrops and staking. From my observation, only a few usually take advantage of exchange events like Launchpool and PoolX.

Yes, staking and airdrops are good ways to keep the profit coming in, but in the bear market, we will see very small airdrops being distributed, so what will be the solution?

I am not promoting exchange events, but if you have some spare USDT, you can try out their events, like TOMA PoolX after DYOR.

You can also comment on your opinion and suggestions.

Your introductory statement is kinda conflicting to the suggestion you made on your post. It’s obvious that you are one of those Bitget shillers but what you are suggesting is still the staking and airdrop but in different form or term used by the exchange you are promoting.

Bitget Poolx is same with the typical launchpool like on Binance which user can earn the featured tokens in exchange for locking specific assets.

Despite the intention of this topic to shill, I like the idea of staking on launchpool using stablecoin during bear market since it gives a better APR compared to the normal staking.

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