Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: CARDi Fort on August 25, 2022, 06:10:24 PM
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This is an open discussion for all professional traders, holders , newbies or veterans to amend , state and bring forth what's their strategies look like in these market conditions to keep earning as much as possible while avoiding risk of loss. This stand as wayby helping anyone in rekt-situation. well, let's cross analyse and share experience.
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The market has been really down for quite a long term, which is very draining for all, most especially those that joined the crypto space late last year. But the truth of the matter is, it won't forever be like this.
Aside that, there is always an opportunity in every market situation. Luckily for me, I came across trofi exchange, we can all benefit from their great features to maximise the best of this volatility in the market. Their buy low earn+ feature tops it all for me, as I can stake my stablecoin with huge APRs while buying my preferred tokens at a price lower than current market price. It's such a way of increasing one's fund while accumulating gems for the long term.
I hope this will really help and I will also read comments for more opportunities.
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There is no doubt how devastating the market is currently and it's quite unfortunate there is little or nothing we can do about the market manipulation but we can only manage risk and play around with the whales in the market as we wait the market recovery.
I couldn't play with the whales so I opted on staking my tokens on TroFi exchange, a secured exchange that allows for an Apr of over 500% for staking and I have been able to earn passively while holding
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The bear market doesn't want to be over and it's somehow disheartening but I'm sure it will only get better because digital Currency is the future.
Holding some stable coin too and definitely I can stake to earn daily despite the Market situation
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It is obvious everyone is looking at every angle for the slightest opportunity they can grab to either increase their crypto holdings or increase their daily earnings in the crypto market. The desperation among traders keeps increasing rapidly due to the consistent fall of prices across the crypto space. Saw a reply of someone here about a project called Trofi. The features talked about looks interesting and I might just check it out because I honestly don't want to move from an opportunity right now.
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This is an open discussion for all professional traders, holders , newbies or veterans to amend , state and bring forth what's their strategies look like in these market conditions to keep earning as much as possible while avoiding risk of loss. This stand as wayby helping anyone in rekt-situation. well, let's cross analyse and share experience.
In this market condition, I believe its best to apply proper risk management while trading or DCA technique so as not to miss out entirely from the dip opportunity but its never an option to sell at this market situation.
I made sure to stake all my holdings to avoid the temptation of selling at loss and I also earn passively for staking on trofi exchange, offers higher apr as compared to other exchanges.
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Well said man tho Everything in market looks complicating and to me is also and Entry for all not only new bies, most Especially when you having a project like trofi is a must for at all cus what the project is offering now is rare. So the time to take up the opportunity is now nobody knows what is will turn out to Tomorrow
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It's not easy to make money on regular basis from the bear market I feel genuinely holding is the best option in the current market conditions. But if you are insisting on daily trading I would advise you to find at least 5 coins that move daily up and down with good trading volume So that one can do trading with less risk from such currencies to make money in the bear market.
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This is the time I mostly hold my good assets and trade on bitcoin daily only. This is because bitcoin determines the direction of the market. You need to do your analysis very well to trade daily with bitcoin.
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The market for this few months is not exciting, a lots of things are happening that cause uncertainty, especially for newbies who want investing. Avoid projects with weak fundamental, no clear visian, no strong backup from community, overhype and prioritize doing a lot of research, the safest thing is to buy coins with strong fundamentals. For reference you can see the top 100 on coinmarketcap.
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Today's condition market cannot be avoided. we are experiencing extreme crashes so far. If we are too worried and panic enough, we may be driven to be stressed. But, we must be aware that this is part of a cycle that must be passed.' So far, to overcome with this market situation, I am not doing day trading. Short-term trading may be a good idea although it is very risky. The only thing is by continuing working in offline and online. If we have some free money, this is the best time to buy BTC and then hold them. SO, we can sell to the higher price in the next bullish market.
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The bear market doesn't want to be over and it's somehow disheartening but I'm sure it will only get better because digital Currency is the future.
Holding some stable coin too and definitely I can stake to earn daily despite the Market situation
The bearish period in this market will probably end soon. I hope that this will happen this fall. The catalyst for growth could be the successful completion of the two-year Ethereum network upgrade, which is scheduled for September 16th. A long crypto winter is not beneficial to anyone. In order to make money, whales also need movement in this market. Now everyone, if possible, has already purchased a potential cryptocurrency for price growth, so we are waiting for good news in this market.
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Up on til my wallet was hacked last week, i was using dexes to do liquidity provision on Dapps. Its quite a lucrative venture especially if you buy less volatile tokens with a pair with a stable coin like tether USDT or USDC. But you have to be quite available all the time to monitor the price of the tokens and sell when its down