Investing is a long-term game and the smartest thing to do often is to do nothing at all, especially during a bear market.
Now think for a moment.
This is where passive income can play a pivotal role in helping you grow your wealth, while also protecting your assets when markets are down.
● Investing in bear markets can be stressful, but it can be a great time to start accumulating your crypto.
Earning returns in stablecoins can help ensure that currency depreciation of INR against USD doesn’t take a toll on the overall gains.
However, crypto investors on Yield App are able to enjoy passive income on a range of digital assets, even when markets are down.
Ashish, a customer from Delhi, reports that he started by adding a few thousand USDT in early 2021.
You can earn an annual interest of up to 12% on locked YLD tokens by being a Silver Tier member or above.
The bottom line Investing during bear markets can be stressful and it is easy to make mistakes.