Ignore the FUD, time to beat the dip
Every time you think we can't sink lower, we sink even lower. However, in the midst of the chaos of the tumble, there are opportunities sprinkled around that will enable you to earn some of the lost profit.
At the time of writing, Bitcoin is hovering around $49k and everyone seems to be in panic mode. hell, even the fear/greed index shows that there's a lot of panic in the system.
This situation feels like a deja vu because I could swear I've talked about this before a couple of months ago. I feel like the volume of tears on the street doesn't mirror the reality.
I mean, I get that various assets are dropping in value but it doesn't seem so bad to me. Hell, if we even stay at this rate and trade sideways for a couple of weeks, I'd be absolutely delighted.
I look around, and all I see are multiple opportunities to invest in assets. Whether it's governance tokens, DEC or NFTs, the market seems to be dragging everything down. However, if you've stayed the course through out the year, I'm sure you're still neck deep in the greens.
Go deeper
The point is that there are many opportunities to throw some stables at. There are many low barrier projects that you should be looking at diving into right now.
One of such low barrier projects is Splinterlands and the NFTs in the game. If you've been wallowing in obscurity for a while and would love to grow your deck, this is the best time to capitalise on the market.
As for me, my rental operations have been paying off, so I'll be buying a couple of monsters to improve my deck. I'll also be throwing some funds at Travala.
Ah yes, do you remember AVA of Travala? It's a coin that @trumpman aggressively shilled when it was like 30-50 cents range. Nowadays, it's trading at $1.75 because of the dip.
For many months, it traded between $2-$3 before this "monumental dip". I've been waiting for it to drop to $1.5, so I can get more but I doubt it will ever get there.
If you're reading this, you should also consider reading about the Travala smart membership program. It basically rewards people who stake AVA token with various perks.
One of the perks includes TRVL token that will be airdropped to the community. I intend to increase my AVA stake, to enable me to get even more TRVL tokens.
Winning the dip
The point of this post is to highlight the fact that there are many opportunities in the dip. The dip memes are fun but always stay frosty, so you won't miss opportunities out there.
For example, I bought some Cake earlier today at $10.9. Right now, it's already trading at $12 and looks like it will rise even further.
If you know anything about Cake, then you know that it has the potential to be a $100 token, so the current dip shouldn't scare you. In my opinion, any valuation that is below $100 is a buying opportunity. The best part is that you can stake cake to farm other tokens like Cub or SPS tokens.
The point is that you should find ways to insulate yourself from the noise and just double down on your grind. There are so many opportunities in this period, so don't be distracted by all the people complaining about the dip.
In fact, I dare say that more than 50% of the FUD mongers that are complaining about the dip are just taking a piss. Most of them are well and truly in the green, but despite that, they are probably even buying the dip as it gets deeper.
As always, I encourage you to focus on the peculiarities of your portfolio. Keep your head on the swivel, stay vigilant and pounce on any opportunity that you can afford. That's all there is to it.
Posted Using LeoFinance Beta
In the dip, there comes opportunity to buy more. I wish I have a means of income outside hive where I can use it to buy coins in times of the dip.
same bro
Posted Using LeoFinance Beta
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Where can I stake AVA
Travala.com
What is APR
It's like the percentage of gain you'll make at a certain value of an asset when it is evaluated in a 1yr period.
What is your take on the current and continously changing field of 3,3 - 9,9 forks of OHM like Spartacus, Taichi, WAGMI, TIME and Hector DAO?
Posted Using LeoFinance Beta
Honestly not keeping up with those projects, so I can't say.
I've heard about them though.
I think they're very volatile but they were doing so well for a while. Hoping for a pump.
Posted Using LeoFinance Beta
Good time to get some more skin in the game and who is courageous buys in such a moment. I did a bit as I am trying to restrain from putting all my income into crypto :)))
Posted Using LeoFinance Beta
You need strong hands to be in this game. If I listened to any the FUD in my locality, I likely wouldn't be in crypto at all. Now is a great time to buy the dip and stock up on some solid crypto at value prices. HIVE anyone? :)
source
Posted Using LeoFinance Beta
Coin is good to buy the dip especially when there's a big bearish trend in the market today. When you buy the dip when the market comes to it bull trend, you get more Cash
Posted Using LeoFinance Beta