How can build more during this Bear Market

The current crypto market is in a bear trend and there is no clarity on how long this will continue. This is uncertain and probably can take much longer which can be a few years as well so what should we do? Shall we exit the market and do something else till the time market is back to bull or we should try to make the most out of it. People can have different strategies but I think that no matter what strategy you have but it should lead to building more. I am trying to build a better holding in crypto. When bitcoin was 60k that time lot of people wanted to buy BTC if it drops and probably at that time their buying range is 30k USD. Now when the bitcoin price is 20k USD but still people are afraid of buying because of the fear in the market. This is something very common in the market that always happens.

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I believe that this is the time that we utilize in such a way that can bring more value to our crypto portfolio. DCA is the best way to invest in crypto and for that, we need to shortlist some valuable projects. I have done the same with a few coins like Bitcoin, and Ethereum. Binance Coin, Matic, Cake, and Dot. This is my list of crypto shopping as of now that I do daily through dollar-cost average. I follow the simple strategy- Buy daily through DCA and stake in crypto fixed deposits to earn. Not all the coins are supported for fixed deposit and we can also call it stake to earn.

• DCA (Dollar-cost averaging)
• Stake and earn

Having a long-term strategy is the best in the crypto market because this way we can minimize the risk and needless to say that we need to do our best research on any coin/project before we decide to put our money. If the project is running with strong fundamentals then sooner or later it will bring value even after the bear market. Investing in meme coins can be good for short-term money-making but it is very much risky and can bring big losses since there is hardly any use case for the coin.

Choosing coins like Hive and Leo is best as of now because once we buy them we can stake the coin in our wallet and this can be either delegated to any curation project to earn a decent passive income. It's even profitable if the price does not grow because we can earn almost 3% inflation and also a 9-10% of delegation reward and this way our stake grows over time. Similarly, we can choose other coins having great markets and even have better earning opportunities if we stake. Even Binance offers stake options with a variety of coins and I see this as an opportunity for people to have a long-term goal that they can earn even without selling the coins. It's a reward for holding crypto for the long term.

Thank you so much
Stay Safe

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