Are you looking to jump into the crypto bandwagon and earn big with market-proven crypto investment strategies?
The meteoric rise of cryptocurrencies became more popular than Game of Thrones and it captured the attention of the entire world.
Be it that geeky coder friend or that office colleague frustrated with the tax regime, everyone turned to crypto to earn passive income.
Plus, the monumental ascent of Bitcoin and the emergence of numerous altcoins has evolved crypto into a very lucrative investment landscape.
While cryptocurrencies promise high-returns, it still has its own set of risks that needs to be managed.
That’s why in today’s article, we have decided to help you rule the crypto market with some expert strategies and tips that no one talks about.
Let’s get rolling!
#Rule 1: Staking and Yield Farming: Earning Passive Income
Staking and yield farming are strategies that allow you to earn rewards by holding or lending your cryptocurrencies.
Staking involves locking up your tokens to support the network’s operations and earn additional tokens as rewards.
Yield farming involves lending your cryptocurrencies to decentralized finance (DeFi) platforms to earn interest or other tokens.
Olive is the world’s leading DeFi platform for earning passive income.
Olive offers the highest APY safely across multiple chains.
Here are some of Olive’s market-beating features:
- Principal Protected – Your principal is 100% protected. Only the yield is used to generate additional returns. That means, you don’t need to worry about liquidations, impermanent loss, or credit risks.
- Wild APY – High APY achieved by investing in structured products. Olive has historically amplified yield by a mammoth 1.5x with structured products.
In the diagram below, can you see the green line just above the red one? Well, that’s all the extra yield that Olive generates.
- No Lock-In Period – There is no minimum time policy. You can withdraw or deposit funds anytime you decide to.
- Amplified Strategy – Base amplified to generate jaw-dropping yields all thanks to expert strategies and structured products such as Range Accrual, Twin-Win, and more.
#Rule 2: Diversify Your Portfolio: The Power of Spreading
When it comes to the crypto market, diversification is key.
As the saying goes, instead of putting all your eggs in the same basket, it is paramount to spread your investment across different cryptocurrencies.
For instance, you can diversify your portfolio by investing in different vaults based on different blockchains.
For Arbitrum, GLP is one of the most profitable investments:
Based in Polygon Chain, MVLP has a high-return potential:
This simple strategy helps an investor to mitigate risk by eradicating the impact of market fluctuations on a single asset.
By diversifying your portfolio, you can protect yourself from unforeseen losses and leverage market opportunities to earn big.
#Rule 3: HODL – Hold On for Dear Life
HODL (Hold On for Dear Life) is one of the most popular strategies among crypto enthusiasts.
The idea is simple – resist the urge to sell during market fluctuations rather hold on to your investment for the long-term. Instead of being swayed by market noise and making impulsive decisions, focus on the long-term potential of your investments.
Patience and conviction can be key to realizing substantial gains as the market continuously evolves.
For instance, if you invest 1000 MVLP tokens with Olive, your yield generated from the last weekly cycle will be used to run amplification strategies.
That means your principal (i.e. – 1000 MVLP tokens) is fully protected.
And the amplified yield generated is reinvested enabling users to earn Olive’s amplified yield on top of the base yield.
In every weekly cycle, Olive will keep using yields to generate more returns. That means your potential to earn more will increase with every weekly cycle:
#Rule 4: DCA – Dollar Cost Averaging
Every penny counts!
Dollar-cost averaging (DCA) is one of the most tried and tested crypto strategies.
DCA is a strategy where you invest a fixed amount of money consistently at regular intervals, irrespective of the market condition or asset price.
This approach helps to mitigate the impact of market volatility by spreading your purchases over time.
By implementing DCA, you can accumulate cryptocurrencies at different price levels, making the most of both market downturns and upswings.
This strategy allows you to avoid pitfalls of trying to time the market and provides a disciplined approach to long-term investing.
#Rule 5: Stay Updated: Be a Part of the Crypto Community
There is no denying that the crypto market is extremely dynamic and staying informed about the latest news, trends, and regulatory developments is very crucial.
Subscribe to reputable crypto news sources, follow influential figures in the industry, and join online communities to gain valuable insights.
Being aware of market sentiment and staying updated with industry developments can help you make informed decisions and identify potential investment opportunities before they become mainstream.
A Few Words to End With
Investing in cryptocurrencies carries inherent risks, implementing sound investment strategies can significantly increase your chances of success and wealth creation.
By diversifying your portfolio, conducting through research, adopting disciplined approaches such as Dollar-cost averaging, HODL, yield farming, and staying informed with the latest news, you can position yourself for potential gains in the dynamic and ever-evolving crypto market.
Remember, investing in cryptocurrencies should be approached strategically and you can always reach out to our in-house experts for any tips or advice.
So, that’s a wrap for today!
We hope you enjoyed this post on 5 crypto rules that will get you running in the crypto space.
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