Prepare Your Survival Kit .:. Hump Day Easy Talk

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My week isn't moving from weekend to weekend, but more from Wednesday to Wednesday as it is my beginning of the week... When I'm creating these short walks and talks, easy consuming vlogs paving the next week for the direction of my thoughts and maybe some of you thoughts also... Today I wanted to share with you my views about "hard times" in crypto that were, and that will come again...

Just to clarify at the beginning a few things... Firstly, this is not financial advice or anything similar... These are just my thoughts on how will (and was) I act in some "bearish" times when they come... And secondly, I'm not saying that the bear market is here and that you have to start panic selling, yelling, or whatever else... Again, this is just me, sharing my thoughts and plans when these "dark times" come... It has happened in the past and it will happen in the future... We can't stop it, ignore it, but we can embrace it, prepare ourselves, and even profit from it...

The ideal scenario when a bear market hits is that you have sold most of your crypto on the top and you are having fiat, stablecoins, or maybe some precious metals in your hand... At that moment, it's time to start building your crypto portfolio again... Like on this thumbnail image for the video, you have a couple of essential tools and you have to "survive" with it...

Currently, you are in crypto and you are earning some crypto... Maybe through content creation, or staking coins, or mining them, or playing games, etc... But, if you have sold most of that at the top, you have stablecoins in your bags that can cover your living expenses for some time (you have planned that before how much you need for X time)... Do you know that you can "stake" stablecoins, or you can provide liquidity in some pools where you have 2 stablecoins? In that way, you can keep your stablecoins and EARN crypto during that time... If you need some money for bills, most of the time you can pull out your money from DeFi projects immediately...

Check out the video for more talk...

Thank you for your valuable time,

~ph~


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Music in video:
Growing Up by Scott Buckley https://soundcloud.com/scottbuckley
Creative Commons — Attribution 3.0 Unported — CC BY 3.0

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10 comments
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I haven't really been raising cash but I still have some cash on the sidelines anyways. I took some profits on my stock market account and it's been sitting there until I feel comfortable moving it around. What do you think of HBD as a good stablecoin to park money?

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tbh, I was thinking to stash HBD for the black days that will come, but now, I'm not that sure about it... At this moment, I have "staked" them on my gaming account, but I'm thinking of moving that funds to other stablecoins that can bring me more than 10%... Of course, I will continue with my HIVE accumulation and I have big plans in that direction...

!ENGAGE 10
!WINE

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I don't think there are many platforms with more than 10% but I guess Terra might be the only one I know of.
!PIZZA

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!PIZZA
!BEER

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Thanks for the support!
!PIZZA

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(Edited)

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