Real wealth is created during bear markets.

But no one shares practical advice other than "buy the dip".

Here's your playbook to make the most out of a bear market: (+ a few sample portfolios)

Your job is to survive.

You can't reap the rewards of the next bull cycle if you fuck it up during this bear market.

Defense wins championships.

Crypto will break ATHs again, but not all projects will make it. That's why it's important to position yourself correctly.

A few Sample portfolios for the bear market:

• Figure out your balance: stables, low risk, medium risk, & high-risk plays.

• Then decide on Projects.

I created a few sample portfolios for you to look at.

(education, not financial advice 😏)

I recommend Alt Layer 1's - they are the best risk vs reward ratios now.

• 🔥: ETH / AVAX / TERRA / FTM / COSMOS

• 👍: CRO / SCRT / NEAR / METIS

• 👎: ADA / SOL / BNB / DOT

Don't get salty if I don't like your coin - Invest in whatever you want.

Stay away from higher-risk plays for now.

I love ape'ing into shitcoins but now's NOT the time.

My 2017 classmates remember why.

These smaller-cap plays might be dead by the time the market recovers.

Blue chips have more funding & adoption.

Safe now - Ape later.

Why Stablecoins?

You should be heavy in stables now (25-50%).

I get it, they're not sexy.

Their job is to reduce the volatility in your portfolio and preserve capital.

I think of stablecoins like bonds in TradFi.

(+20%) is better than losing another (-70%) from here.

Where to Farm Stablecoins? I like to keep it simple with

@anchor_protocol (Terra) for 19.5% APY. More advanced players can check out: •

@platypusdefi ( @echidna_finance / @vector_fi ) •

@hundredfinance •

@edgeprotocol •

@beefyfinance Use @0xcoindix to compare rates.

Stablecoins aren't risk-free.

• Algorithmic stable coins can de peg.
• USDC / DAI / USDT are centralized. Governments could freeze.

Diversify your stablecoins.

You can also hold fiat. Then again, holding fiat is a risk due to inflation.

Pick your poison.

When to Buy the Dip?

I've made the mistake of buying the dips as soon as they happen.

Don't catch a falling knife.

Ex. Buying the ETH Dip in May 2021 at $3800, and then it drops down to $1800 a few months later.

So when should you buy the dip?

Try Dollar Cost Averaging

Instead of $1k on ETH today, you buy $167 on the 1st of each month for the next 6 months.

Don't underestimate simplicity.

And you're not going to beat yourself up if you mistimed it.

"Ser, I have no money to buy the dips"

I get asked all the time for low-budget strategies.

Stop wasting hours on Crypto Twitter & discord.

You're better off increasing your earning power or creating a second income stream.

And then investing in blue chips.

Is your goal $1m in Crypto?

Start with $100k? You have to 10x.
Start with $10k? You have to 100x.

It's easier to build a bigger war chest & 10x that than to 100x a portfolio.

This isn't DeFi related, but let's talk about increasing your earning power.

1. Negotiate for higher pay or switch jobs

Negotiating is a skill.

NO ONE cares how hard you work - you're paid based on how hard you are to replace.

Don't be afraid of asking. Closed mouths don't get fed.

Also, job-hopping is the best way to increase your salary.

1. What are you good at?

Build an audience.
Figure out their problems.
& SELL them solutions.

My friend is into male fashion.
He sells eBooks & courses on male fashion.
& invests everything into Crypto.

No fashion degree.
No experience in fashion.

Just pure hustle.

1. Crypto companies are always looking for GOOD writers/researchers.

I started this account in January.

After 4 weeks, I started getting 6 figure+ job offers.

I'm not trying to brag - I'm telling you that the jobs ARE out there.

"Be so good they can't ignore you."

1. No skills?

You can learn anything you want on the internet for free.

Valuable skills in 2022:

• Solidity coding
• Digital sales / marketing / copywriting
• Video Editing
• Data analytics
• Technical Writing

Then leverage those into freelancing, a job, or an agency.

I work /w a programmer who makes $100k+ a year. He's from a village in Bangladesh and taught himself programming online for free.

"But, but"

Everyone has a sad story. The world doesn't care.

Take risks. Shoot your shot.

You're more capable than you think.

Upgrade Your DeFi Skills

DeFi's tokenomics are getting crazier.

There's no doubt that the next generation of DeFi is going to be even more complicated.

Now's a great time to make sure you have a great understanding of the fundamentals.

Basic Skillcheck:

• Find a group of peers
• Handle your tax obligations
• Improve your Crypto Security
• Streamline all your different wallets.
• Improve how you keep track of everything
• Curate your Crypto consumption aka stop following shitty people

DeFi Skillcheck:

• How does Frax work?
• What does Cosmos do?
• What is Impermanence loss?
• How do the curve wars work?
• How does UST maintain its peg?
• Optimistic vs ZK rollups on ETH?
• How will subnets improve AVAX's scaling?

Advanced

There are some advanced strategies to make money even during the bear market.

1. Shorting

You make money when the token falls. You sell it at a high price and then buy back later at a lower price.

I don't recommend it. HIGHLY risky.

1. Sector Rotation

Not ALL protocols will be down during a bear market. In TradFi, there are defensive sectors like consumer goods that do well.

It'll be the same in Crypto.

GameFi & NFT's might go down, but ETH Layer 2's could go up.

It's PVP baby

Bull market = everyone's winning because there's so much $ flowing into the system.

The money faucets stop in a bear market.

And it becomes player vs. player aka zero-sum.

Fren, don't be an influencer's exit liquidity.

Play it safe and be patient.

"Ser, how do I predict future bear markets?"

Everyone has their methods: charts, inflows, watching interest rates, etc.

Bear markets are hard to predict.

For me? You start developing Spider senses after a few cycles:

• Everything's going up - you start thinking you're a genius trader

• All the normies on Facebook start talking about Crypto

• Warren Buffett & Charlie Munger start shitting on Crypto.

• Everyone on CT is super bullish.

Instead of trying to TIME things, practice good behaviors during bull cycles:

1. You should always take profits no matter how bullish you are.
2. NEVER sell your blue chips for the higher-risk plays.
3. Always keep a portion in Stablecoins.

Bear Market Copium

• The shittier projects & people get weeded out.

• You can accumulate good projects at a cheaper price.

• Not checking your portfolio 25x a day means you can build up your skill sets.

So much of this dip is caused by MACRO forces.

Countries are looking at the economic sanctions on Russia and they're eyeballing Crypto.

No idea when the bull market starts again, but I'm bullish long-term.

Set yourself up for 2025 and beyond.

I've been in Crypto since 2013.

I am NOT a whale (yet). Do you know why?

It's because I kept disappearing every time there was a bear market.

And then I'd come back once things start pumping.

Don't make the same mistakes I did.

This time...

"I'M NOT FUCKING LEAVING!"

Takeaways:

• Increase your earning power
• Keep buying blue chips via DCA
• Improve your skills
• Keep learning. Be patient.
• Play it safe: make sure your portfolio has a solid mix of blue chips / stables.