MultiversX Tracker is Live!

We’re still here in what’s been a roller coaster of a bear market

All Cryptocurrencies

by COINS NEWS 96 Views

What has kept you motivated in Crypto, during this bear market?

I know you want to get rich, but has blind faith really been the thing that kept you here? I feel like if you lasted this long, you have interests somewhere out of the simple “number go up eventually. Some potential options could be:

  • On-chain Governance participation
  • Staking
  • Yield Farming
  • P2E gaming
  • Simple Stacking (DCA strategy, stacking Sats or other crypto)
  • NFTs (trading, collecting, potential utility of a certain NFT)
  • degen activities (leveraged plays, doggy token trading, riding hype trains to $0)
  • technology (you enjoy the technology, and are having fun watching as the space evolves)
  • Development, as in, you are a developer and are currently building
  • you’re a node operator, miner or validator
  • MOONS ????

I feel like his covers a lot of ground, but if you have something to add, please comment. I’m really curious to hear from the ones who have stuck around.

Me, I have been very active in on-chain governance and enjoy Governance drama, it’s very entertaining. For those of you who are involved in Cosmos Governance, you know there is no shortage of drama in Cosmos Hub governance. Frankly, the drama is actually pretty fun.

I have also been finding new projects to stake tokens to earn some tokens passively. I’m newly staking my DOT, AVAX and HBAR but have been branching out to stake some other tokens like ADA as well. Would love to find some others to add to the list, so I’m open to suggestions.

The main thing that takes my time now a days is trying to understand the different architectures between blockchains like Avalanche, Polkadot, Cardano, Solana, Hedera, Algorand and ICP. I also have been really looking into Ethereum Layer 2’s as well, to find the ones I like the best. It’s been a lot to take in, and requires a ton of repeated information, since I’d say I’m a pretty slow learner, but I’m persistent and it’s kept me entertained and investing throughout the bear market. I also have some LP positions and NFTs that I have been playing around with over the bear market. Mostly located in the Cosmos Ecosystem, but I do participate and wish to expand out to a few other ecosystems as well.

I’m interested to hear what the lurkers in this sub’s main sources of interest, or motivation have been? Do you have any specific chain/ecosystem that has kept you the busiest?

submitted by /u/Jcook_14
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.



Comments