Bull market makes money, bear market makes money.
But many people in the bull market didn't make money, but the bear market had to lose money to cut meat. How to survive in the bear market is a big problem for people in the currency circle, especially those who invest a large proportion or even all of them. If you don't want to cut meat, you have to find a way to make money in a bear market. Let's talk about the coins I have earned and the pits I have entered according to my own personal experience.
Fixed investment in a bear market is actually a low-cost way to obtain funds, especially for those who can continue to do it and make long-term plans. The harvest in the bull market is to make money.
The most important thing is to put investment first. For example, if you decide to invest for two years, you must plan to have long-term available cash. However, because of the failure to adhere to the fixed investment strategy, the bullets were exhausted ahead of schedule, and because of the decision to resign from ALL in the blockchain in July, there was no stable source of income. The original weekly fixed investment had to be suspended after July 10.
Also, because the bullets were polished in advance, many coins were bought at high prices. Now it seems that the price of buying coins is much higher than the fixed investment, which leads to a loss of coins.
Without the support of cash, we can only find ways to make money with money.
There are all kinds of RMB financial management, and so is the currency circle.
Financial management includes demand deposits and mortgage loans.
For example, for BTC, Swiss Federal Institute of Technology and USDT, there are two types of Fcoin: current and fixed.
The current daily interest rate is 0.5 ‰, and the annualized rate is 18%, which can be transferred out at any time.
The fixed daily interest rate is one thousandth, and the annualized rate is 36.5%, which is very high. There is still one month to expire, and you can't transfer it out before it expires.
I moved all the coins I didn't need.
EOS is more about mining and financial management and routine:
When the firecoin is deposited in EOS, it will send HPT every day. Depending on the locking time, the delivery times are different, which is about 10% per year.
ZB also mines, but the income is too low, about 2% per year.
Some new wallets will launch EOS financial management, ranging from annualized 1% to 30%, but some are not well-known and a little scared.
At present, there are some EOS in Huobi and HPT every day.
Other currencies have similar financial management methods.
Mortgage, many websites have launched this function.
I used OTCBTC to borrow legal tender, double mortgaged digital currency, and borrowed RMB.
At present, during the promotion period, before101October 26th, each order will be delivered with 50 OTBs, and the custody fee will be 0.2%, starting from 3.6% every year. If each loan is 1 000 yuan, the custody fee is 4 yuan (calculated by double mortgage), the annual interest rate in 3 yuan is 3.6%, and 50 OTBs are sent to 20 yuan, you can also borrow some OTBs.
It is difficult to find a good opportunity in a bear market simply by moving bricks, but sometimes you can try it with some news.
For example, on July 23rd, it was discovered that there was a 7% price difference between Gongxinbao GXS and BigOne. The reason is that GXS is conducive to obtaining angry coins, which leads to an increase in currency security, while BigOne suspends charging. So I sold my GXS at a high price in Bi 'an and bought it at a low price in BigOne. It doesn't matter if I don't mention it for the time being, as long as I earn the difference.
On September 5, I saw that Bitcoin Diamond (BCD) will be recharged at 6 pm. At that time, the BCD of Coin Diamond was 1 10 yuan, while the BCD prices of other websites were above 20 yuan, such as OKEX and GATE.
At 6 o'clock in the evening, the currency security will be opened, and it will be judged that the BCD of OKEX will go up and the currency security will go down. Until there is no price difference.
So there are two profitable operation paths:
First, buy at OK or Gate and wait for the rise;
The second is to wait until 6 o'clock to move bricks from OK to Bi 'an;
As a result, the first method can earn 30%
The second method, because the transfer is too slow, the price of currency securities dropped rapidly from 100 to below 20, and many people smashed their feet.
I used the first method first, because I was greedy and used the second method, but I lost a lot.
Summary:
Before mastering the method, I think short-term is untouchable. I clearly remember that when I was doing BTC/USDT, I sold it as soon as I saw the big drop, but it went up as soon as I sold it. I panicked and bought it back, and I didn't have the patience to make repeated losses.
It is still possible to sum up the lessons later, set the profit low, cooperate with some strategies or news, and wait patiently.
For example, I recently made a profit of 7% by using the upgraded white paper 3.0 released by Labor Xinbao.
Another example is to use the familiarity with EOS, buy after falling to a certain level, wait patiently for the rise and sell, and combine the method of online trading to earn more than 300 EOS in more than a month.
Summary:
I have been thinking about the treasure activities of Gongxinbao White Paper these two days. My brain and eyes are exhausted, and I haven't cracked the secret words of the first two wallets yet. It is difficult to make money, but I can train my ability to capture sensitive information.
But some exchanges can still participate in activities, such as trade fairs, just need to evaluate the time, cost and income to see if it is worth doing.
Recently, I saw Bianchi's activity: the Battle of the Coin God. In a period of time, we will see who has a high rate of return and convert everyone's funds in the other bank account into BTC. After the event, we will see who has the highest BTC growth rate. Please click for real-time ranking. The return rate of the first cow in three days has reached 75%.
I only do short-term EOS and GXS in Bi 'an, and other coins are put there, which makes the principal have a greater impact on the overall rate of return, so I took all the irrelevant coins before the activity started. Although I can't get the grand prize, the biggest inspiration from this activity is:
However, it should be emphasized that don't touch the capital plate. This is also mentioned in my official WeChat account article "You care about the benefits given by others, but others care about your principal". Most people won't get their principal back because of the money plate.