How to survive in winter market and Crypto Bear?
How to survive in winter market and Crypto Bear?

How to survive in winter market and Crypto Bear?

Posted on

No doubt now, crypto winter is here! Bitcoin fell to such lows that even the experts at Elcryptodoc thought it was unlikely until later. Big projects are in progress and peak fear is in everyone’s eyes. Elcryptodoc created a guide on how you can survive the crypto winter and bear markets.

This bear market is a blessing in disguise. They give those who survive the opportunity to collect at the price people dream of in a bull market.

The number one advice from Elcryptodoc is that you’re going to need some income, and some disposable income so you can start collecting at the lowest and lowest possible prices. If your job doesn’t provide enough income, go ahead and create a side job that can supplement your income by providing that investment boost.

Day trading

An option for a side hustle is day trading in a bear market. Where in a bear market the coin is not pumping 100x, this is a great time to start day trading as there will be enough up and down coin movement each day.

Read :   Today's Latest Fuel Prices Monday, August 29, 2022: Pertalite IDR 7,650, Pertamax IDR 13,000

Agricultural product

Another option is to become your everyday farmer! No, not farming in the literal sense like farming but farming yields because there is still yield to be had from crypto assets, even in a bear market. There are plenty of responsible and decentralized organizations that still provide pretty good returns at home.

Play 2 Get the game Metaverse

The last option Elcryptodoc has to acquire in this bear market is to simply play games. One such game is Moonsama Minecraft Carnage, where you hunt for resources in the Minecraft world, and those resources can be turned into crypto, aka Moonriver, which has real value. The event is only 2 hours long and takes place every Sunday… and if you’re good at it, you can earn between $2,000 and $2,800 every week for 2 hours of play.

Now to play Carnage, you need to have NFT Moonsama which has a base price of 2100 Moonriver, which is currently over $30,000. However, there are other ways to play as well, with VIP tickets, which at the time of writing cost 70 Moonriver or around $1,000. You can get it back in just a Carnage session or two if you’re good at it. So the investment per Elcryptodoc is worth it if you are ready to play, learn and earn.

Read :   Download Youtube Downloader HD Latest Free 2022

Elcryptodoc adds, there’s another HUGE game for earning released during this bear market and that is Illuvium… which will be the first AAA, 2 earning game to hit the screen. Illuvium will be the first blockchain-based game to use the Unreal engine 5. The game is currently in private Beta, but its public BETA is slated to launch in the next 2 months. Meaning anyone from the community would be able to get their hands on their game.

So, how can you make money with Illivium?

Well, you will be able to explore the open world of Illivium, capture and collect Illuvial, the beasts that inhabit this world. This can be very profitable, especially if players manage to catch something rare and powerful that can be sold on the Marketplace, such as Gamestop. You can also mine and harvest in the world, collecting resources to craft in-game items such as armor and weapons, which are also NFTs and can be sold in the market.

Read :   Who is Yrms Lydya's husband? Motives for the Murder of Jesus Hernandez Explored

One of the coolest things is their battle arena, where players will choose to battle each other to prove who is the superior hunter and has the best team of Illuviuls, where bets on Ethereum can be placed on matches… even by spectators!

How much can be earned, is yet to be seen… but the experts at Elcryptodoc think it will be at levels yet to be seen in the crypto space!

For more Crypto related news, check out ElCryptodoc’s Twitter page:

https://twitter.com/ElCryptoDoc?t=tzTqGOjNTjOx-QiONRlMOQ&s=09

Source : www.ibtimes.sg

Gravatar Image
I am a person who likes to write and make information related to fruits, because I like and have a mango garden.