What to do to survive through the bear market/season

in WORLD OF XPILAR3 years ago

I have been observing a lot of things when it comes to the race we are into currently. We all knows how it has been a life changer every since it came into existence. We all knows that Nakamoto Satoshi did a very good job by bringing this great project into existence. It act as a live changer for everybody that are into it. It is very late to key into cryptocurrency if you are not into cryptocurrency. You are definitely missing big thing. I have stated it time without number that cryptocurrency is the future, please embrace it and have a turn around for your life. It will be sad seeing that you are not enjoying the stuff that this good project births. Give it a try and don't seat on the fence again while others are taking advantage of the cryptocurrency ecosystem.

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When I think about cryptocurrency my mind flashes to him (Satoshi Nakamoto). Since the time he launches cryptocurrency up till now, cryptocurrency has been doing amazingly well. It has changed the heart of individuals, government, institutions etc. Just like as I said, cryptocurrency will keep doing more and more wonders. My only pain is that despite coming across all the numerous advice as to key into cryptocurrency you will see that they won't take it serious but will be happy wasting money on flexing and enjoyment. If you are in that category you better stop. You will regret that useless habit if the time comes.

I know that the cryptocurrency ecosystem is passing through alot right now and this is either direct or indirect. Amidst that, don't be afraid of the market and simply because of the drama you are facing you will now quit. Relax every thing will surely bounces back someday. The only thing here is that we can't determine when that will happened. As per surviving in the cryptocurrency ecosystem, it is not that easy but the main thing here is that irrespective of the wether there is always way to enjoy things. No wonder they says that there is light at the end of the tunnel.

I know what I passes through in the year 2017. I pray that we don't experience such drama again. But if that happens we knows many will quit because they simply can't take the lost when it comes to their investment. But nonetheless, if that happened no body will be held accountable as this is simply cryptocurrency fact. The one of 2017 lasted for about three years if I am not mistaken. This is the reason why I said if such lasted for long like the one of 2017, it will affect alot of individuals and they might not want to key into cryptocurrency again. They will now go back telling people cryptocurrency is fake. This is simply because they did not make good research, they think that the cryptocurrency ecosystem is for enjoyment alone.

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Well, that aside, now let us do some research on what we can do in other for we to survive through the current bear market. As per that, some ways to survive through this bear is to do some of the things below,

  • Have another source of income: Without delibrating more, this is simply the best thing we all should do. Have another source of income and you won't get affected that much if you have a lot of other source of income. You won't be afraid to spend your money since there is already another or numerous source of income.

  • Invest into good cryptocurrency project; without much deliberation, we all knows that investing into good cryptocurrency when there is bear market can change your life when bull run comes. So think this and invest.

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  • Save money: Amidst everything, please endeavour to save money for the raining days. Make sure that no matter what happened you should save your money in a safe place and don't eat always from it.

  • Make research about cryptocurrency: Since it is a free time, it is good to make research about cryptocurrency project so as to gather more knowledge as things progresses. Knowledge is not lost. It impact will show someday.

  • Have another source of income aside cryptocurrency: No matter what happened you should endeavour to have more source of income. You will be glad you did this when the time comes.

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Conclusion

Make sure that you apply all form of seriousness with what I stated above. It will help you a lot through out your life journey. Don't wait for things to happen, make things happened.

            Tfame3865  
           signed out
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There is a decentralized finance project currently running. If you want to make good reward from your stake or Liquidity mining you should take a look at this project called Woxdefi . For more information about woxdefi you can check the below links.

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Discord group

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Website

Purchase Wox through this link

  • If you love my post, feel free to comment and also support me, it will help to get me motivated. Remain bless as you read the post. Thanks

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