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🤔What should I do in a bear market? There's no such thing as a bear market these days, and I'm just sucking my thumb... I've been looking at what those who graduated last season did and thinking about what I should do now. 1. Memecoin Graduation - Those who graduated because they were very good at short-term trading memecoins or who successfully held onto their portfolios during the early stages of the memecoin bull market. - Those who boldly bet on a specific memecoin from the beginning and held onto it based on strong conviction. 2. PubDeck Graduation - Those who invested heavily in the early stages of the lighter cycle seem to have seen returns of around 20-30x (KRW 10 million -> KRW 200-300 million). - Although not this season, this method is similar to Hyperliquid Graduation (early burn). 3. Sale/Targeting - Projects like Boundless and Falcon have seen returns of up to 10x through targeting during bull markets. - Sales have often been a huge success, even reaching tens of times the value. 4. Community Activities - It all seems to be summed up in one word: Monad. - It took years. However, I believe they were sufficiently compensated for their efforts, and it appears that quite a few people received compensation in the hundreds of millions. - Since seeding was not required, the time commitment was enormous, making it a risky bet that could have been in vain if a mistake was made. 5. Yaping - It seems there were quite a few cases of people earning tens or even hundreds of millions through yaping. - It was a particularly lucrative opportunity, as it offered safe returns without the need for seeding. - However, there was a limit to graduation. So, what can we do to seize these opportunities in a bear market? 1. Developing Information Skills - Becoming friends with people who are skilled is the best, but that requires your own skills. - It seems like you need a system for gathering information on Telegram channels and international Twitter channels that are already popular. - AI is so advanced these days that this should be easy to do. 2. Experiment with a variety of things with small amounts of money. - While you should never invest a lot of money, I think it's a good habit to try everything. - When the market is bullish, there always seem to be many opportunities to graduate at the beginning. To seize that opportunity, you just need to be one step ahead of others, and that one step ahead is experience. 3. Developing a Cash Pipeline - Whether it's through yatting or a job, I think having some kind of income stream is essential for stable investing. - Having an emergency exit to generate cash whenever you need it seems to be advantageous, both mentally and financially. - That's why I'm working at a company and developing Web2 accounts (Instagram, YouTube, etc.). 4. Selectively Conduct Airdrops - Personally, I think conducting airdrops during a bear market is quite risky. - However, it's not always easy. If you're confident, I think it's okay to invest a little selectively, as long as it doesn't overexert itself. 5. Take a good break - In a bear market, holding on is actually the key to profit. From personal experience, I feel it's more efficient to focus on finding new alpha during a bull market than to diligently search for alpha during a bear market. - If you think about it carefully, airdrops are also beneficial even if done well at the beginning of a bull market, and sales that start at the beginning of a bull market are even more beneficial. - The same goes for meme coins. While those who developed their meme coin skills during a bear market saw significant profits, the coins that actually performed well were those newly issued during a bull market and those with narratives (PNUT, GOAT, AI16Z). Conclusion 1. Develop your information base and follow those who are doing well. 2. Diversely invest without investing a lot of money. 3. Establish a source of income. 4. Be very selective with your ad sales. 5. Take a break and conserve energy until the bull market returns.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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