G’day, fellow crypto enthusiasts! Welcome to Wizardia, where we navigate the ever-changing crypto landscape with the precision of a sorcerer's spellbook. Today, we've got a spellbinding article for you: Best ways to Beat the Bear 🐻
The world of crypto feels a bit more like a deserted desert highway, than a lucrative enchanted forest these days.
Decentralized exchange (DEX) volumes have plunged to their lowest depths since the year 2020.
Google searches for "crypto" and "bitcoin" have hit multi-year lows.
NFTs recently experienced their lowest weekly volume in two long years.
It seems that the magic crypto adventurers have vanished, and some of the locals have even retreated to their secret chambers.
(By the way, if you're still here, congratulations! You've proven yourself as a true crypto wizard. #SeasonedSorcerer)
In the midst of these cryptic challenges, there are glimmers of hope and opportunity. Here's the good news:
While the fair-weather sorcerers have vanished, the true wizards, like yourself, remain steadfast. This resilience and unwavering belief in the crypto realm is the first step to conquering the bear.
Often, in times of stillness, innovation thrives in the shadows. Brilliant minds are hard at work crafting new spells, technologies, and projects that will bloom when the bear retreats. Stay vigilant, for the next big thing may be incubating as we speak.
Bear markets offer a unique opportunity to enhance your magical knowledge. Take this time to delve deeper into the cryptic arts, study the grimoires of crypto legends, and sharpen your skills. When the bear awakens, you'll be armed with wisdom and power.
Fortunately, not everything is darkness and des-bear (despair). The question on every spellcaster's mind now is...
What can I be conjuring in these eerily quiet markets?....
How can I make money? ....
Find new opportunities?....
Stay positive?....
What can I do to Beat the Bear?!
Let us unveil some of the most effective techniques that have already been meticulously crafted and proven. Here, we distill three core enchantments to better help you on your path to crypto glory. No need to reinvent the coin; we've done the heavy spending for you!
Just as you cannot embark on a quest without a destination in mind, you must set your magical goals first. Do you aspire for:
Once you have unearthed your goals, you can begin crafting a spellbinding strategy to reach them.
Covens, the gatherings of like-minded magical beings, are common in our realm. They convene to exchange wisdom, debate spells, and support one another during dark times.
Militaries employ them, as do sports teams. The concept applies to crypto as well. You need your own coven, where knowledge flows freely, just like copying your spell scrolls with no consequences.
Find groups on telegram, servers on discord, youtube, collaborations and more!
P.S. - If you are an expert in a particular aspect of crypto (DeFi, NFTs, etc.), it's wise to seek fellow experts in different domains. Dive into uncharted territories and expand your magical repertoire. Bear markets are the ideal time to refine your mystical prowess.
If you think that gold cannot fall from the sky, you're mistaken. In our world, we call this an airdrop. Some projects generously reward early users of their enchanted creations.
The riches you can amass are astounding. Some have claimed to have summoned $600K in or more… Solely from airdrops!
Scouring for airdrops is one of the most potent "low risk/high reward" spells in your arsenal, especially when everything else seems to be burning to ashes.
The key is to foresee which projects will summon an airdrop next. Defi Llama is a trusty tool to identify the next magical protocols.
That's all for today's magical frameworks, my fellow sorcerers. It might seem elementary, and it is.
If you are truly ambitious, follow our grimoires and learn the secrets of crypto for yourself.
Stay enchanted, my friends.
Introducing Ryan Turnbull, a passionate Australian Chief Vibe Officer at Wizardia. Among many things, Ryan builds Wizardiaâs community, creates captivating live streams, forms partnerships with other web3 projects, and produces engaging video and blog content. With his expertise, Ryan introduces crypto gaming to both masters and beginners, fostering a vibrant, exciting and supportive environment.
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