For those of you that read my last two articles, my midterm outlook on the crypto market is kinda bearish indeed.
Bitcoin Biggest Crashes - Is an 80% Dip Normal?
Every cycle Bitcoin Drops 84% from its Top - Will this cycle be different?
And then I wrote this one Yesterday:
Why I Prefer This Bear Market
And I ended the article telling you all I will be hibernating till the bulls are back. But that was a Lie, sorry but it fitted so well with the bearishness.
So what am I really Planning for these coming 12-18 months?
Well, first thing I am doing is not worry about the halving of my portfolio over these last couple of months. Or about losing another 30-40% in the months to come.
Based on my analysis (in the two articles I shared at the start of this article) I will recover around those losses by this time next year. So well just keep holding what I got.
I expect a further dip as per the below graph, so I will be buying BTC on the way down.
I will not be buying ALTS for now because as I expect to at least go near a 21K BTC. Hence ALTs are a bit risky at the moment. I will start buying those again around 21K and down to 14K if we ever go that low.
And well as I have not invested anything I am not willing to lose, I will not be selling till Bitcoin reaches above 48K again. Which should be around Q2 in 2023.
Why´s That?
Because I basically started buying the dip from the moment, the moment that 48K BTC support broke. So till that time I can relax and keep my sell orders on the order book.
Keep Earning
Step two is to keep on growing the Sats in my portfolio.
That means:
I will keep posting on Noise and Readcash because the dollar value of what I earn there has remained the same, but the number of BCH sats has doubled over the last 2 months since BCH went from $400 to $200.
So making twice as much sats while the effort did not change.
And holding those BCH Sats on Celsius allows me to accumulate even more sats, like CEL sats.
Of course, as the dollar value of BCH & CEL dropped significantly so did my rewards but sats are sats, and one day not so soon, it will all look greener.
The same applies to Publish0x, where I have been seeing a steady increase of followers. But since the tips were halved, the reduction of income generated is not (yet) mitigated by the increase of followers. Still, I keep diligently learning and earning (AMPL and STA) sats.
The Biggest Loser
Of all the platforms I am on the biggest Loser right now would be TORUM.
The value of their XTM dropped significantly. From 20 cents at the end of March to 5 cents in early May. But XTM has been there before, and that was less than a year ago. So when the metaverse explodes again a year (or two) from now, I am sure it will reach that $1 value again.
Scraping BAT Sats
Many of you are probably earning BAT rewards through Brave, if not you should. It ain't much but 4-6 BAT each month, but when BAT runs up to $1.75 again next bull run, that is $10 a month for using a good browser.
On top of that, as mentioned in another article, I am buying BAT from people who do not want/have an Uphold or Gemini wallet. Paying them 66,6% of their BAT value in BCH and they tip me their BAT. Stacking sats that´s all it is.
Swapping your BAT earned from Brave without using an (Uphold) Wallet
Making WAX selling some old Freebies
Selling my free NFTs, this is really the most outdated project I am still handling.
When the market crashed in May 2021 I had a look into NFTs and found that most artists started new series with a giveaway. Unfortunately, that is no longer the case, although there are some good giveaways on Twitter, it ain´t what it used to be.
Now some of those freebies ended up being worth something and some are just virtual toile paper. But I am still holding about 170 of those nfts, of which one or two get sold weekly. And even with WAX being at half of its normal price. I still have at least $20 in the pipeline.
Keep Learning
So next to stacking Sats I plan to do a lot of learning these next couple of months.
I recently deep-dived into the BTC 4-year cycle and will be looking at the price of mining one bitcoin next. That might become very interesting as BTC prices are dropping and high gas prices are also pumping the general price for electricity. With the bottom line being: at what point is a Bitcoin worth less than the price of electricity required for minting it?
DeFI other than Cake
Next to diving into those topics I still got a hell of a lot to learn about the Defi-verse.
The Only Defi I am currently involved in is CAKE DeFI but that has very little to do with Decentralized Finance. Still as I make about 2 DFI a week holding 80 DFI, a year from now that could be another $400.
And then I just picked up a whole new stream of income through Listnerds which needs some more investigation and understanding as well.
Oh and one more thing, I am playing around with creating GIFs and I hope to also improve those skills.
Keep Writing
But above all, I am a writer, or I think I am. And I have been focussing on writing more these last couple of months. Especially writing more content for, and learning how to behive on HIVE.
Because during my first year in the crypto-verse I felt like Hive is a whole other Universe that needed lots of attention. At that time there was so much crypto space coming at me, that I did not have the time to go around exploring Hive.
Now that I am slowly finding my place in the crypto-verse I decided that it was time to deep dive into HIVE.
I have been here since Jan 2021, but only started exploring in April 2022....and I already found out that I am still a HIVE baby with lots to learn.
Hmm maybe I should consider a name change from BitcoinBaby to HiveBaby...but well I am kind of a brand already so I better stick to my old name.
Bottom Line
I guess I will be keeping myself very busy during this bear market. This crypto winter will fly by and soon turn into a beer market to celebrate the next bull run.
Now after all my positivity please tell me what your plans are in case I am right and we will have one more year of the bear?
Posted Using LeoFinance Beta
Phew, you're busy with a ton of stuff!
I'm currently looking into minting some NFTs, but that's about it for me. I mined some Ethereum in the early days when we were looking at about $70 each. Unfortunately, I had to sell those when they were at around $700, but hey, it's still a great return.
Keep hashing away!
Yup bussy baby let's see what it brings me during that next bull run...in 18 months or more.
10X is great I would have done the same 4 sure, taking profit on the way up, buyback on the way down (but not too early as I found out the hard way).
I am sure there will be a post or posts on your NFT minting adventure, right?
Posted Using LeoFinance Beta
For sure, I'll definitely do a post 😁
!CTP
Nice plan. I took last week to mentally prepare for the bear market, rewards are way down, but the number of Hive one earns is now more so activities need to be way up. I also have some stables stashed to pick up cheap Sats or Hive along the way. It’s all good we will be fine
Posted Using LeoFinance Beta
Thanks and everything will be fine indeed and we will be more wealthy by the time the bears are back!
lol bulls
Posted Using LeoFinance Beta
I have so many WAX NFTs that are worth pretty much nothing. I don't know if they are ever going to be worth anything. I started using Publishox for a while, but it was just a lot of work for little return. I wrote a post today about the bear market, but I honestly don't think I am going to be able to do much.
Posted Using LeoFinance Beta
Thanks and I´ve seen your post but I need to look into COTI before I comment,Indeed Publish is lots of work for little returns, but I get a good number of reads lately but even then....
On the other hand, often my Leo posts need a few changes and can be reused on Publish, and then all little bits help.
I just wanna scrape all bits and pieces for a year or so and see what the returns are when we are high up in the bull run. That is going to be a nice article )i think= prep only will take 18 months or so ;)
Posted Using LeoFinance Beta
Haha, yeah. I hear you. I think I will be okay as far as this bear season goes. I just thought I was going to be in a better position heading into it. @cryptoandcoffee has been writing a lot of stuff about COTI lately. He is the one that introduced me to it.
Posted Using LeoFinance Beta
Thanks, dev gonna have a look because it´s almost time to buy the bottom !CTP
Posted Using LeoFinance Beta
Found this post through poshtoken so good job sharing your posts on twitter. One thing that stood out to me and I got curious about is why there are so many commenters here but none of them had upvoted the post, so weird.
Well first of all I am happy sharing on Twitter led you here. Secondly, I was wondering the same thing myself and have (half) an explanation.
One person often upvotes my article and probably just forgot because he was focused on the comment.
Another person upvoted the post on my Peakd blog but has no LEO (I think).
And the 3rd one I was wondering about myself.
But I guess it was a coincidence, or the universe made it happen so we would connect :)
Posted Using LeoFinance Beta
It was a very tasty morning read for me, thanks for all the things you mentioned. I’ll give those platforms a shot. !CTP !PIZZA
They all have their pro's and cons, but just give them a visit maybe it's something...if not they are all free so nothing lost but the most valuable asset...your time.
great work. when did they halve the tips on Publish0x?
i think i will give up on brave browser, i keep forgetting to use it!
I think Publish had their halving around July 2021 and You can set up a wallet for your Brave, Uphold, Gemini, or soon even a Brave wallet. Or just use it to tip me you don't need a wallet for that😁
That is what my gf does, she tips my Twitter.
ah so was a while ago. I will message you if I do anything with Brave!
Yes I had to check back to see when I actually made some money there and you know where to find me if you need something with Brave btw I have a follow-up article on Brave coming up this week🤔 I hope
nice work, im trying to optimise the good services that provide the most income, and probably Brave and Torum got to go. i will keep an eye out for your brave article.
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