- Bear market as Builder, bull market as Holder
You should love and be confident in the vocation you have chosen if you are a Web3 practitioner, and you should also develop your professional skills; If you are a developer, you should specialize in various new platforms and technologies, do more exploration and experiments, and create projects that can pass through the bulls and bears; if you are a regular user, participate more in the construction, experience the project in depth, and wait for the airdrop opportunity. If you are an investor, pick a good track and keep up with an active development team. Quality airdrops may concentrate on Layer 2 technologies like Arbitrum, zkSync, etc.
The bear market is a touchstone for testing projects and is a good opportunity for everyone to learn and participate in building. A half-cycle of Bitcoin, combined with historical Bullbear conversion data, signals the market that the fanatic market will eventually strike again. This also brings a new story and a celebration of wealth. If you are firmly optimistic about the crypto industry and have the best way to survive the bear market, you can join a good team or choose a promising project.
- Find track value projects
As of June 22, the total TVL for each chain's DeFi protocol was $ 72.94 billion, down 60.95% from the record high of $ 186.8 billion set in December 2021. The main reasons are: The collapse of UST and LUNA, coupled with Seth's degegging, led to the liquidation of Celsius and other decentralized projects, which also initiated a chain reaction. As a result, it turns out that more and more Ecrypto projects are at stake. Lower yields have led to capital outflows, as well as widely integrated assets such as Eth and wbtc, and the overall TVL of the Defi protocol has continued to decline.
In actuality, the majority of recently failed projects were not Ethereum-based, but this serves to emphasize the major dangers associated with DeFi as well as the significant losses brought on by frequent hacking instances in DeFi. A significant shakeup is anticipated in the cryptocurrency sector. Numerous outstanding projects in the value track have been undervalued as a result of the ongoing dramatic loss, creating a potential entrance opportunity. Investors may want to think about holding an ETF index that represents a collection of valuable tokens if they are uncertain about the project or which value currency to purchase.
Moving on to the development of different track projects, such as:
Protocol layer
L0：DOT、ATOM
L1：ETH、 SOL、 AVAX、MINA
L2：OP、IMX
Cross-chain bridge：SYN、HOP
Infrastructure Layer
Audit: FORT, CTK
Storage: AR, FIL, STORJ
DAO: ANT, NATION, PEOPLE
Domain name: ENS
Finance: CRV, AAVE
Oracle: LINK
Use Case Layer
Games: ILV, AXS, MANA
Social: GAL, DFA, BBS, XTM
NFTs: RARI, X2Y2
Financial Services: UNI, CAKE
Access Layer
Wallet: C98, TP
Aggregator: RADAR
You have to believe that excellent projects are often born in bear markets. The market will give the best reward to the bull and bear walkers by choosing promising track and tapping potential projects. With the gradual departure of capital, high-quality projects that really work hard will also be screened out, and projects attempt to disqualify users by taking advantage of the bull market will become lesser and lesser. Trade ATOM with mexc.com. Pay attention to the subdivided tracks and selectively lay out each track. Once a great project in the next cycle comes out, the return will be very considerable.
- Build positions in batches, do not bottom fishing
Chasing the market and "bottom fishing" are the two things that make investing in encrypted assets the most challenging. Investors who aim for the absolute peak and bottom frequently experience significant losses. Consider the practice of "bottom fishing," where the bottom is not solely decided by the value of the currency or by how much it has dropped; the bottom can shift overnight and end up at the top. Bottom fishing ought to be done in concert with the current market trend. Projects are likely to follow if the market trend continues to decrease. Even if the price temporarily deviates from the market, it also exhibits the traditional bottom technical form. A reduced catch after bottom fishing might still be possible.