Whenever I read about market correction and bloodbath , I see those complaining as those who have failed to position themselves in the cryptosphere.
The fact remains that crypto is volatile and sometimes news and events can also affect it ,as such the best thing to do is to create a passive form of earning for yourself in such a way that whether the market is in bull or bearish ride , you will surely be earning profit every minute.
There are tons of ways to achieve this such as LP farming , naked staking and yield farming.
We should expand our ways of earning beyond buying the dip and earning in the bull .
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Yes, that's how I see things too. Either way, it's always interesting to watch how things affect the market. I'm not really bothered by prices because I still think in the long run these oscillations won't matter much but we can definitely learn a lot
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That's true. It's better to diversify your portfolio and invest in multiple opportunities that crypto presents. In case one fails or go down, you have maybe 5 others which are doing decent. ✌️
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I think buying the dip is the most common and easiest way to increase your portfolio. Other things might need some type of learning
Even buying the dip requires learning and experience. I know a lot of people who got completely wrecked trying to do that without any experience or knowledge and gave up right after
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That's correct, but I am talking about the easiest among others
It is easy but at the same time surest way to being wrecked . If you have to buy the dip , ensure that it is a dip with good usecase
What I usually do is to buy every dip, but only Bitcoin and Etherum. I buy very small amount and thus wait for the dip. Getting wrecked is where you buy the dip for the wrong coin.
That's not a bad idea but I will advise you to diversify. Presently I earn daily reward from different projects and I still have my Bitcoin and ethereum
Different projects as in? It would be nice to know some of them
Best strategy ever! Your money is safe. ❤
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Buy the rumor, Sell the news. That's what I follow. 😁
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Just imagine you bought the dip and market dipped again but now you don't have funds to buy. That's where most people get stuck. And they be like WTF! 😂
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Dollar Cost Averaging is one other way to invest into any asset into long term. That is why I buy Bitcoin daily. You never put too much money at once.
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Buying the dip isn't exciting or sexy or anything to brag about, but Warren Buffet doesn't mind buying the dip.
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Yea people didn't make a plan before entering. They don't understand the risks and if the market goes in their favor, they don't complain.
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