Earn Wallet as your portfolio's canary! Or...
How to resist bearish markets (and traps) đ
(A post made for people who has little assets and/or lives in countries with very little purchasing power parity... like me!)
Some hours ago I've seen that Fear and Greed Index was (and still is) at 29, while watching a lot of people publishing posts on their own liquidations (Futures) and losses (even in Spot).
However, all these days I was preparing myself for avoiding as much losses as possible in an eventual big price fall, by looking a Spot Grid activation with PAXGBTC pair, especially because $PAXG , as a gold emulator, has been rising its price in the long term, slowly but smoothly. $BTC , by the other hand, is well known for it's high volatility -of course, TradFi sharks will never tell you how crazily the Krugerrand coin jumps and dumps all the time-, so the best way to avoid losses (and even to make a little earn when markets are going down) is by using a diversification plan which includes a PAXGBTC Spot Grid and a diversified portfolio for holding while making some interest incomes in Earn Account... or course, the importance with the last element doesn't rely just on earnings (or avoiding losses), but also by acting as your own "canary" in your general portfolio.
In one of the pics posted here you can see that my Earn Account is suffering the "biggest" losses with just -5% aprox., that's the whole portfolio losses, and trading bots account is loosing value in USD but increasing its value in BTC. This particular grid has the power of making earnings by doing little operations in each Grid line (red lines are converted PAXG waiting for being traded back to BTC).
Of course, I'm writing this post not as an investment advise, but as a warning on how markets are unpredictable in an absolute way but giving some data which may draw predictable scenarios, in order to take action on eventual bear markets/traps or, at least, to be mentally prepared for holding or even assuming little losses before they become avalanches.
