Re: What do you guys think is the best way to earn in this market?
Not sure about the sentiment in the market right now especially the current massive sells happening. Seems lots of whales are taking profits even when the odds of a possible rate cut in september is high at the moment.
A lot of options am considering right now are really "hilarious":
1. Buying the dip and staking them
2. Sniping memcoins (highly risky and costly)
3. Buying and staking stablecoins until market show signs of bulishness
What do you think?
A lot of options am considering right now are really "hilarious":
1. Buying the dip and staking them
2. Sniping memcoins (highly risky and costly)
3. Buying and staking stablecoins until market show signs of bulishness
What do you think?
From the things you've mentioned, dude, you should do what you're comfortable with first. It's simple—if you're not comfortable with something, you shouldn't do it. That's just how it is.
Now, if you're asking for my opinion, I think that staking assets is a good thing to do, especially if you're doing it on a DEX or a protocol platform.
Just make sure to research the DEX platform you'll use thoroughly to see if it's reliable or not, and you should also be prepared for any bad things that might happen in the end.
And second, actual trading is still a good thing to do, especially spot trading.
That's why I love the market and the crypto space in general - you can do what you want to do and they all can bring you fortune and experience.
