Did you know that historically the best time to have bought cryptocurrency was not during a bull market, but rather a bearish one? This is because bear markets offer new and existing investors opportunities that were not available during a bull market. In fact, some of the most successful cryptocurrency investors were buying in the bear market and not the bull. In today’s video, I’m going to teach you three different ways that you can make money in a bear market.
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00:00 3 ways to get rich investing in crypto during a bear market
01:30 Bull market vs Bear Market
02:08 First way to make money
05:19 Second way to make money
08:58 Third way to make money
11:09 Bonus way to make money
12:50 Join the class & VIP group
So, what are these 3 ways to get rich investing in crypto during a bear market?
1️⃣ EARLY INVESTOR IN NEW PROJECTS
The first way to make money in a bear market is to be an early investor in new cryptocurrency projects. I even had one student in my online course earning five times their money during this bear market by being an early investor in a new cryptocurrency coin. In a bear market there will be fewer projects launching and the gains might not be as big as they were in a bull market, however, you can still multiply your money exponentially using the strategy.
2️⃣ EARNING YIELD, LENDING & STAKING
The second way to make money in a bear market is by earning yield on cryptocurrency and staking and lending your stable coins.
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3️⃣ SELL & REALIZE LOSSES
The third way to make money in a bear market is to simply sell or realize losses to accumulate more cryptocurrency. If you would rather still hold cryptocurrencies, you can re-organize your portfolio. The problem with this strategy, however, is that you don’t know exactly where to cash out and win.
🎁 BONUS – NFTS
A bonus fourth way for you to make money during bear market is with other assets like NFTs.
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Please always check with a professional before making any decisions with your money. These videos are for educational purposes only and I am not responsible for your actions in any way. No official financial advice is being given. Never listen to anyone online who tells you to not check with a professional! Joe Parys is not providing you with individual investment advice. Joe Parys is not registered to provide investment advice, is not a financial adviser, and is not a broker-dealer. Joe Parys is not responsible for any gains or losses that result from your cryptocurrency investments. Investing in cryptocurrency involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire investment. Investors should consult their financial adviser before investing in cryptocurrency.
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