Earning in a bear market | Bitcointalksearch.org

VRExpress

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Quote from: Henrobakkara on June 11, 2022, 02:03:19 AM

Quote from: cryptomaniac_xxx on June 10, 2022, 05:56:59 PM

Quote from: Widdop37 on June 10, 2022, 05:11:06 AM

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.

Henrobakkara

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Quote from: cryptomaniac_xxx on June 10, 2022, 05:56:59 PM

Quote from: Widdop37 on June 10, 2022, 05:11:06 AM

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.

Grim149x

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Quote from: Widdop37 on June 10, 2022, 05:11:06 AM

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

Ziskinberg

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Quote from: Widdop37 on June 10, 2022, 05:11:06 AM

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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Quote from: Widdop37 on June 10, 2022, 05:11:06 AM

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.

Psynthax

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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.

gabbie2010

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Quote from: Widdop37 on June 10, 2022, 05:11:06 AM

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

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Quote from: Hypnosis00 on June 10, 2022, 05:58:44 PM

Quote from: Widdop37 on June 10, 2022, 05:11:06 AM

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.

Xal0lex

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Quote from: Widdop37 on June 10, 2022, 05:11:06 AM

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.

Hypnosis00

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Quote from: Widdop37 on June 10, 2022, 05:11:06 AM

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.

cryptomaniac_xxx

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Quote from: Widdop37 on June 10, 2022, 05:11:06 AM

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.

crzy

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Quote from: Widdop37 on June 10, 2022, 05:11:06 AM

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.

Just buy and hold good coins, it’s like staking but it can give you more profit since you bought good coins at a cheaper price. I don’t like staking for small capital, it looks useless to me at a very low rate. If you really want to see your crypto wallet on a good profit, just keep buying right now while we are still in bear, green days are coming so better to be prepared for that.

Questat

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Quote from: Widdop37 on June 10, 2022, 05:11:06 AM

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 might an option, that depends on you. However, never think that this strategy will give you a favorable profit, plus the risk of doing it as you are trying to put your money in the control of the exchange, not yours. Well, of course, this is a much better option while holding and waiting for the next Bullrun but as I've said the risk is accompanied by it. You can try trading as well but the situation seems too difficult for the beginners.
You'd only have the two best options whether to hold or stake.

Johnyz

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Quote from: Widdop37 on June 10, 2022, 05:11:06 AM

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 can’t give you high return not unless you have huge capital for this?
I can suggest that trading are more profitable but it require good skills and if you have that skills then this should be your best option. Bear market is a good opportunity to get top coins at cheaper price, you can also hold if you are a long term player.

isaac_clarke22

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Quote from: Widdop37 on June 10, 2022, 05:11:06 AM

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I just usually buy more Bitcoin. I am not really a fan of altcoins these days so the idea of staking is out of the question for me already.
Whenever BTC gets back, I usually sell a little bit then wait for another correction then just do another entry and redo the same process all over again.
It is simple in my end but quite lengthy process.

ryzaadit

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You should do the analysis by yourself.

Comparing the profit from your APY with the risk you are taking because the market is down, how many percent % are you losing. If the risk is too high, then you can stoped doing staking. We are on -55% from All-time high price, based on the history price bitcoin.

Bearish in cryptocurrency always reached -75-85% lose from all-time high price until next halving for the bullish momentum.

doomloop

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Quote from: Widdop37 on June 10, 2022, 05:52:21 AM

Then it seems like staking isnt safe at this period, I would have gone with the stable coin staking advice but is stable coin safe too? Because after what happened to UST from the Luna team I've become very careful with stable coins like USDT and others, thanks for the advice I will just stick with mining only.

It is safe as long as you choose a safe staking platform and a safe coin. Don't ever try compare ust with other stable coins because they are not the same. What I heard is ust is an algorithmic stable coin but the standard stable coins that we know like usdt, busd, usdc and dai are not like this so they are definitely much safer. Other than trying to stake a coin, you are also mining a coin?

Nice, but mining can be hard as many factors are involved like electricity, maintenance cost, network difficulty and so on. If you want to you can also try buying btc, during this bear. With btc, there is no need to worry anymore or doubt about its safety.

Anonylz

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Quote from: Widdop37 on June 10, 2022, 05:11:06 AM

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.

One thing i would like to say is be careful with all those project promising high apy, it is not sustainable, they give such high apy to attract users to their platform but after few weeks they will drop the apy drastically without prior notice. i have had such experience with a project am staking, the team keep dropping the apy with different excuse they can come up with. staking is good to earn passively and also increase the amount of the token you hold but you have to look for a project that has stable apy not the type that constantly change their apy because it can affect your earnings.

Jackl87

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Quote from: Widdop37 on June 10, 2022, 05:11:06 AM

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 think if you already have coins that are staked and are generating revenue at the moment then i would just keep them staked. I would only sell those staked coins is you really need the money and therefore need to sell. Let's say you have some BNB or KucoinShares or some other staking coin that are giving a fixed percentage of APY then they are still giving you that at the moment during the bear market. Of course if you get 0,1 BNB revenue at the moment it does not have the same Dollar value as it has in a bull market when BNB was above 1000 USD per coin but as soon as the market begins to recover again, those revenue that you got from staking during the bear market will also be worth a lot more too.

danherbias07

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Don't expect too much profit or worse none.
Take it only as an opportunity to invest more in your preferred coin. Time to relax for a bit and just do the buying.
Who knows if we were not able to see this again. This could be once in a lifetime break and if the market starts to make a bull run again it won't go back to a cheap price just like those who are left after the 2018 bear market.
A good example of that is looking at the history of the Bitcoin chart.

Topic: Earning in a bear market (Read 189 times)