Perhaps in a bear market, people lay the cornerstones of their future. Although some people might disagree, crypto veterans have frequently stated this in the past. The best question to ask in this situation is how does it truly presume to us minnows!
The Bear Market Effect
It goes without saying that our entire portfolio must have suffered! Despite DCA, the investments I made throughout the course of 2022 have resulted in a significant loss for me. However, as I am not currently able to access the dollar worth of my crypto assets, I do not consider this to be a transitional problem. Instead, I'm concentrating on the number of coins I'm holding. This is one of my largest advantages, and it's likely true for all other cryptocurrency asset owners as well. The market has fallen so far that it will take some time for it to build up speed and begin the bull run from this point. Recovering cryptocurrency is currently one of the top priorities.
I don't have any money left over to invest! What should I do?
Fortunately, you have a Steemit account!
Numerous people in this blockchain have benefited greatly from Steemit. Users' attitudes have changed as a result. Regardless of the state of the crypto market, it has given people reasons to have faith in cryptocurrencies and lay a solid basis for themselves. How exactly does the STEEM blockchain enable cryptocurrency income?
From the Steem blockchain, there are many ways to earn cryptocurrency. I do follow some of the ones listed below:
Creating Contents:
Creating contents has been my go to way to collect STEEM and TRX for such a long time. It does not matter if the market is bull or bears! If you are a Steemit user and you are creating valid contents as an original author and you are interacting with others you have a chance to get value for your contents via the form of UPVOTES. Users with Steem-power curates author and help them grow within the chain. It has been going on from the very beginning of the creating of STEEM blockchain. Which is why, having a user base in this blockchain can really make a huge impact in the journey of a user.
It's not very tough to create content and grow an audience. To gain friends and build an audience for your postings, simply express your opinions to people through your content or as a comment on other posts. It's that simple! Although it takes some time, it is worthwhile.
Curating Contents
Curation is another method I used to earn on the chain, this is an investment and one of the most easiest form of earning passively. You need to invest in Steem and power up to get Steem power, this SP will give you influence and allow you to add value (upvote) contents on the chain. This allow me to earn SP and TRX, apart from that I earn for holding Steem Power at an APR of 2.95%.
As a result, these are the two tried-and-true methods I've used to create my account. I'm also concentrating more on creating content because it's one of the simplest ways to accumulate STEEM and TRX for your own use on the STEEM network.
Thanks for sharing this educative content with us!
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