How to make money in a bear market.

To all those drained in spirit, I would like to introduce you to my very good friend - the golden bear. It may be more challenging to survive and thrive through the winter, but if you find a way, you'll be worth your weight in gold.

Future Trading

WARNING on this one, it's not for the faint of heart, and comes with substantial risks. But if you have a bit of cash to throw around, give it a try. This is a way to make money by predicting the outcomes of certain events, namely in the crypto space. Polymarket is one such example. It does come with it's own risks, as do all forms of investments, but it can be remarkably lucrative if you have a good sense of what you're doing. Fair warning though, it's only for people who can tolerate a good adrenaline rush!

Airdrops

Airdrops are a great way to maximize your gains and remain profitable through the winter months. Airdrops are usually the result of participation rewards in a particular blockchain. It comes with less risk, and can be profoundly useful in making it through the winter.

Yield Farming

Talk about a great way to make your money work for you. For the noobs out there, Yield Farming is a way to earn interest on your cryptos. There are some truly fantastic APY%'s out there - I've seen as high as 30% with coins that I am currently farming. Compare that to a savings account in a bank, which may offer as little as 1-2%.

Buy the dip

Okay, I know this has been repeated to the point of insanity, but I'm going to pitch it a bit differently here. Let's face it - this is looking like a bit more than another casual dip. With inflation, interest hikes, a buckling global economy, and the prospect of armed conflict in eastern Europe, we may be in the red for a while. So instead of going all in during this latest downturn, consider trying this: consider how much you want to invest in crypto total, and portion those purchases throughout the next few months, instead of going all in every time you see red. At this point DCAing would be buying the dip, since this bear market is likely here to stay for a bit.

HODL

I want to remark on the psychology of the HODL. Don't let fear alter your faith in long term investments, because as you know, that's what they are. 9/10 times when someone fails to HODL, it's because they were in the wrong mindset and either panic sold, or took their profits when they thought they weren't going up again for a while. Just HODL your bag for a while, and get back to your non-crypto life in the meantime. You'll be glad you did, it's as simple as that.

Posting on Reddit

These moons will make us rich some day. Nuff said.