Bitcoin dropped over 60% from ATH. Maybe we have about 2-3 years of the bearish market to go through. Is there any way to make some profit with low risks now?
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Any good way to make money in the bear market?
I used Pionex’s Buy-the-dip strategy, which made me almost $5,000 USDT as interest in 3 months with a $100K USDT investment as the screenshot shows:
How does Buy-the-dip work?
Pionex’s buy-the-dip strategy can help people earn passive yield until buying crypto at the target price. An example as follows:
Suppose you choose BTC to earn a passive income. you invest $18,000 and set $18,000 as the target buy price, and suppose the APY is 20%, the settlement period is one week (7 days), then at settlement (a week later) there are two scenarios:
- Scenario 1: Earn more USDT Price of BTC ≥ 18,000 USDT, you get *(1+0.38%)18,000 = 18068.4 in USDT ( $68.4 is the extra interest)
- Scenario 2: Earn more BTC Price of BTC < 18,000 USDT, you get 1+0.38% BTC (1.0038 BTC, 0.0038 BTC is the extra interest, the risk is if the BTC price keeps dropping )
How does Buy-the-dip work?
Normally, you need to set a target price to buy the dip. At settlement time, you can earn some extra interest. There are two strategies you can consider:
- Moderate Strategy: 10-20% APY with low risk It has a low possibility of reaching the target buy price, a low probability of buying crypto ( Set a target buy price far away from the current price )
Example as above shows:
The BTC current price is $16,487 USDT, the target price is $15,500 USDT, and the APR is 16%. In the 2 days, it has a low probability of buying BTC at $15,500 USDT, so you can earn a low and stable 16% APR.
- Aggressive Strategy: 100+% APY with a medium risk It has a higher probability of buying crypto ( Set a target buy price close to the current price )
Example as above shows: The BTC current price is $16,487 USDT, the target price is $16,250 USDT, and the APR is 135%. In the 2 days, it has a high probability of buying BTC at $16,250 USDT, and you can earn a high 135% APR.
How to set up one Buy-the-dip on the Web?
Buy-the-dip step-by-step tutorial on the web:
1.Log in to your account at pionex.com
2.Find the “Earn” -> “Structured” button on the top bar tools
3.Find the “Auto-invest” button on the left-hand side
4.There is [Buy-the-Dip] at the center of the page
5.Click on “Create the bot”, “Basic Mode”, select a coin, BTC as an example, enter the buying price, and hit “Create the bot”
( Here is the tutorial in details: https://www.pionex.com/blog/pionexs-buy-the-dip/ )
How to set up one Buy-the-dip on the App?
Buy-the-dip step-by-step tutorial on the App:
1.Open the Pionex app and Log in to your account
2.Find the “Structured” button on the Earns page
3.Find the “Invest” button on the Earns page
4.Click on “Create” for Buy-the-dip
5.Tap “Basic Mode”, select a coin, BTC as an example, enter the buying price and choose one product you prefer, tap “Purchase”, put in the investment you want, hit “Confirm”, and the bot will auto get started for you.
( Here is the tutorial in details: https://www.pionex.com/blog/pionexs-buy-the-dip/ )
Talk with more pro traders?
You are welcome to join the Pionex telegram community, where you can talk with more pro traders and learn how to make money with the Pionex Buy-the-dip strategy.
Join Pionex community: https://t.me/pionexen