How We're Using Liquidity Pools to Prepare for a Bear Market
If you've been in crypto through the 2017/2018 crypto winter that lasted all the way into 2020, then you know the sting of a bear market.
In new technology and especially in a market that trades 24/7/365, there is always massive volatility looming over your head.
We feel this volatility on the upside and downside. Many know the feeling of hodling something that 3xs or 10xs seemingly overnight. We also know the feeling of our portfolio droping 80-90% in value during a bear market.
In the event that a bear market is going to happen at some point in the next 6-12 months, how are you going to prepare?
In this clip from this week's LEO AMA/Roundtable Podcast, we talked about what we would do to prepare for a bear market. In fact, what we're already doing to prepare for an invetiable downtrend.
There is still likely a lot of room on the upside in this bull market, but having a plan for surviving and more importantly; thriving through the coming bear market is vital.
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▶️ 3Speak
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That's what I was thinking today, We're always winners. Especially when you don't necessary have to pay for it. The price goes lower also mean you have more Hive per posts, at least more Hive per HBD ! !PIZZA
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In our case the HBD is the solution to be prepared to the crypto winter, slowly slowly for the down crash market, when it happens you could rebought again, and get the double and the triple of your bag.
well. it is my opinión in the defy mmmmmm it is more harder to be prepared, specially if you have a little bag, very short.
Best regard.
Very important to plan for the bear market has those time will surely come. Will be great to see how cub and certain DeFi projects hold up. Will persona6l be leveraging more into stable pools
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I'm always thinking about how to do a better job stacking this next bear season than the last one.
People get rich during bear season, it's just they don't see it until bull season.
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Get your arse on POB!
I can't comment on your posts as @frot unless they are tagged #pob or #proofofbrain due to constant downvoting (a form of censorship in itself) so I am just commenting with this account - a negative rep cannot be threatened with downvoting because all reps below zero are free from oppression!
If you only post in Leo I can't even comment as @pube - I would have commented on your Steemit makeup post that I only saw because I was looking for something else on Peakd.
Peakd was my fav front end, but my vote in Hive is worth bugger all and I can't comment using that front end, so I'm not really using it any more. And hell will freeze over before I ever use Leo again...
So instead I'll just leave my std plug for VYB - these are the tokens I will soon be able to fling around like candy. But only if you use the POB tag!
My upvotes are not worth much in POB at the moment but give it a week or so and I'll be able to dole out some big upvotes in VYB (Verify Your Brain) tokens!
https://peakd.com/proofofbrain/@vyb.vyb/new-tribe-and-token-verify-your-brain-oror-vybrainium-vyb
@frot
Alright, I'll tag POB.
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cool - i'll fling $ at you
try out the new front end - https://www.proofofbrain.io/ - vyb coming soon
So true. I'm excited for the bullrun, but even more excited to stack my bags during this coming crypto winter.
One of the other strategies I was using for the last few months, was to sell 50% of whatever the profit is for any coin and keep the other 50%.
I would put the 50% of the profit into mostly stables, but also into some other coins I thought would do well.
Now that prices are so high I am trying to be like 80% into stables.
Wealth is made in bear markets and realized in bull markets...
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I fux with this post
the guy in the top left corner looks like Phil Hellmuth the Pro Poker Player
Will give this a watch later, as I could use some tips I guess..
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expect the worst and hope for the best. it is always good to be prepared for a bad scenario.
Balance portfolio and both directions become good :)
Bull run is sweet and Bear market is also sweet for those that have stacked up stable currency like HBD/USDT during the bull run. I've also been brainstorming how to take advantage of the bull market basically converting small portion of Hive when price gets to $5 or more in order to survive and bag more tokens in the bear market. People often get richer when they take advantage of bear market.
De fi farms make the crypto world turnaround, But it is always good to make an opportunity out of any bear or bull market as that will make things better
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There's basically no point in BTC going under $20k, I doubt it will ever go back under $50k, when the world economies are such a mess. Isn't it supposed to act as a hedge? If investors, consumers and so on will rush out of the falling legacy system what are they gonna head to?
:D. Leofinance, for me, is the best cockroach on the wall right now.
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This is a lesson one to one for anyone on how to behave when the bears are coming in town. Stablecoins should be a good chunk of the portfolio and also I like the idea of off-chain assets. Maybe some real estate investment is something I need to give a closer look, precious information shared!!!
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Can't wait to see a big LeoFinance building next to wall street ! 😅 !PIZZA
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Will definitely listen to this and try and get some ideas. The obvious one is HBD right now but kingdoms will provide an extra boost.
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https://twitter.com/shortsegments/status/1466520487555518464
https://twitter.com/VersedMoney/status/1467178034235166739
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How many of you (us) are going to put gains into a defi index fund like TCAP? I know I'm looking at those options more than ever now that several of them have emerged in the past year.
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I love the fact that liquidity is now a big thing , I believe. People get rich in this seasons so it’s quite strange not to get richer. just my opinion
That i am telling to my friends, but everybody is scare of cryptos... i am telling them: if you don't want to be in the cryto-volatility just choose a stable coin project and get a nice percentage! Sadly i lost my time explaining... Well, maybe it's better as i will not feel sorry if market get down with no friends in. From my side, I think it will be good to put something in a stable coin to get rewards. But in the meantime, it's time to explore alternatives for the coming 2022!
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Es muy importante planificar para el mercado bajista que ese momento seguramente llegará. Será genial ver cómo se mantienen Cub y ciertos proyectos DeFi. ¿La persona6l aprovechará más en grupos estables?
Good stuff right there @khaleelkazi a lot of interesting strategy you mentioned.
✔️ Take away greed, take profit when you can and when it keeps going up, you know you still keep some and when the it down you can still buy back.
✔️ Yes, I don't see Bitcoin drop like it does in 2018 but at some point there can be a major at 100K and drop to 30k this might be a great correction. Track crypto market is one of the tool @leofinance make use of.
✔️ He's excited also due to the fact that he's able to hire some DApps and hope to do more
✔️ It's never die because @leofinance have the community and even in bear market, the project survive.
Great mindset and I've learn alot, like keep some asset in form of stable coin, invest in project that can stand the test of time even if drop like 2018 occur, you have something to fall back to.
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Bear and bull works together the most important thing is to know when to take profit and when to buy back.
This next bear won't be as tough as the last one
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I was just thinking about LEO...as i did a good move in HIVE; I topped up my HP and now i am happy to see the HIVE trend, in addition i got more Power in my account. With a couple of withdrawals I will recuperate my last top up.
Now i am thinking to put a good money in LEO as i just adjusted +800 LEO, all in staking, and my daily rewards is more than 1 LEO. It looks nice way to generate Flow, Leo-Flow.
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I have been selling 80%+ of everything I have into stablecoins.
I have some coins that 10xed in a week, it's insane the bubble we are going into for a lot of these alts.
The major coins likely aren't in that much of a bubble but I do expect BTC to drop back down to 20k to 30k soon.
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对于将HP委托给LEO.VOTER我比较感兴趣,哪里有教程我去委托。
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Love this... Great write up from you @khaleelkazi even the name sounds like an alpha name.. 😊
Reassuring to hear my strategy voiced. I've often considered yield farming (liquidity provision) as a reasonable way to grow my portfolio consistently without having to get to heavily involved in the trading game. The rewards compared to 'longshot' trades is lower but in my experience more consistent and a little more hands off.
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Ummm, more traders (who have the ability) will enter short positions with Crypto and stocks? Bear markets suck but an inevitable reality. Binance must be making a killing off of those margin accounts.
In addition, one other way to prepare for the bear market is to stack up stable coins.