There’s More Than One Way To Win In Crypto
Discerning market trends and short-term cycles can be extremely hard at times. Just look at today, an announcement by the FED can send the market tumbling in an instant. It doesn’t matter if the technicals and fundamentals were looking good. In this particular case, they were not looking their best. However, the takeaway here is that news trumps all in markets. This is actually rather sad because misinformation spreads so easily in today’s world, potentially triggering unjust movements. You need to find creative ways to hedge your portfolio
In the market hierarchy, news and events are at the apex and the ultimate controlling factors for any market, including Crypto. The positive side of this coin is that it creates volatility and, ultimately, opportunity. If you are a long-term investor, you will be aware that markets can be manipulated in the short term but tend to honor fundamentals in the long run. This is where accurate information is vital, because what may seem contrary in the present is ultimately correct.
This is why investing trumps trading: the long-term picture remains intact. On the other hand, the short-term scenario comes under constant attack, FUD, and hype. Long-term investors stand a better chance of weathering the storms of market disruption and FUD, and can position themselves based on fundamental dynamics. Anyway, let’s get back to the matter at hand.
Are You Positioned To Win In Crypto Right Now?
The incentivized economy offers Crypto investors such an amazing opportunity that it seems almost too good to be true! Stablecoins are often seen as the best way to hedge a Crypto portfolio, and in essence, they are. There are, however, so many creative ways “active” investors can hedge their portfolios by actually adding to them without allocating capital. This is only made possible through the incentivized economy that is already growing at an alarming rate.
To be honest, some are even earning a living by taking advantage of the opportunities available to them. I recently read that @acesontop utilizes HIVE/LEO to cover his living costs. This is a tremendously powerful situation, given that it didn’t come easily; it is attainable. Furthermore, many creators on Hive earn more than @acesontop. Hive is a blockchain-based blogging and social media platform with its own native token, HIVE.
Your Daily Habits Are More Important Than You Think
With this in mind, it becomes clear that by utilizing multiple opportunities in the realm of daily necessity, one can begin to hedge purchased holdings by acquiring more free holdings. In the realm of necessity, I am speaking of checking your portfolio holdings, conducting research, and so on. If you are an investor worth your salt, you will be doing this on a daily basis. To do this, you will need to use search engines, metrics sites, and social media. Within this realm, there are numerous opportunities that can yield great results over time.
Get Paid Just For Browsing The Internet (Here’s How It Works)
What better time to invest in micro-cap alts than during a downtrend? All this activity needs to be done via a browser or search engine. Decentr enables active users to earn DEC from a monthly pool of 100K DEC. Presearch enables users to currently earn 0.0548 PRE per search. What I enjoy about Decentr is that the reward halving is set to 2 years, whereas Presearch adjusts the reward based on the token’s value. This, however, works in favor of early adopters, as the further back you look in the reward history, the higher the token reward per search was.
Always Have Multiple Options
There is also the CryptoTab browser, which simply mines BTC in the background. I have a separate laptop running this on my desk. It is completely passive and updates the balance every 10 minutes, even if no searches are conducted in the browser. Unfortunately, CryptoTab is no longer considered safe, in my opinion. I would advise potential users to steer clear of it. It was once a good source of income. However, payment issues are a red flag for me.
There are a few other browsers, such as Netbox, but I find the reward too low to be considered. Presearch has a daily search cap of 30 paid searches. This is where you want to have alternative options lined up to keep the Crypto coming in. Browser extensions such as Slice are a good option, as are bandwidth-sharing applications such as Honeygain and PacketStream.
The Opportunities Are Endless
If you are truly seeking ways to monetize what you actually do on a daily basis, you will be surprised by how many opportunities there are! Some will complement your already existing routine, while others will completely replace your current resources. We have not even touched on the social media side of things. Obviously, you want to stay in touch with others in the Crypto space. You want to hear their ideas and opinions and gain access to a community with a similar mindset. In essence, Facebook’s Meta move is a desperate attempt to remain relevant.
The masses may still be on Facebook, but people are beginning to migrate to platforms like Hive because of the tribes and communities focused on specific aspects of life. The Hive ecosystem has potential beyond what many realize. Anyway, I am rambling on again about Hive, it’s just that I see so much value and potential in Hive!
Conclusion
In conclusion, we can agree that by simply changing or adding a few services, we can add to our portfolio. In essence, by adding new value, we are actually hedging our initial capital investment. Given the diverse opportunities in the Crypto space, creativity often gives rise to additional methods and strategies to achieve similar goals. What may seem rather insignificant now may well be quite valuable in time to come! To confirm this idea, let’s look at PRE’s price at the beginning of 2020.
PRE kicked off 2020 at $0.013 and is currently trading at $0.357. Don’t despise the day of small beginnings. This seems especially true in the world of Crypto. Earning tokens from new and upcoming projects can pay off quite handsomely down the line. Ultimately, this could do more than hedge your portfolio in the long run; it could even grow it rather significantly.
Final Thoughts
Any article addressing free and passive ways to earn additional Crypto would be incomplete without mentioning DePIN, which has emerged as a great way to earn passive income in the Crypto and WEB3 realm. Grass is still my number one DePIN pick. It’s a simple set-and-forget setup. Thanks for your time, all the best in your Crypto adventure, and see you in the next one!