Hedging Your Portfolio Through Daily Habits
Multiple Ways To Get The Job Done
Discerning market trends and short-term cycles can be extremely hard at times. Just look at today, an announcement by the FED can send the market tumbling in an instant. It doesn’t matter if the technicals and fundamentals were looking good. In this particular case, they were not looking the greatest. However, the point to take home here is that news trumps all when it comes to markets. This is actually rather sad because misinformation is so easily executed in today’s world, meaning that unjust movements can be triggered.
The positive side to this coin is that it creates volatility and ultimately opportunity. If you are a long-term investor you will be aware of how markets can be manipulated in the short term but tend to honor the fundamentals in the long run. This is where having accurate information is vital because even though it may seem contrary in the present it is ultimately correct. This is why investing trumps trading, in that the long-term picture remains intact. On the other hand, the short-term scenario comes under constant attack, FUD, and hype. Anyway, let’s get back to the matter at hand.
Positioned To Win
The incentivized economy offers Crypto investors such an amazing opportunity it seems almost too good to be true! Stablecoins are often seen as the best way to hedge a Crypto portfolio and in essence, they are. There are however so many creative ways “active” investors can hedge their portfolios by actually adding to them without allocating capital. This is only made possible through the incentivized economy that is already growing g at an alarming rate. To be honest, some are even earning a living by taking advantage of the array of opportunities. I recently read that @acesontop utilizes HIVE/LEO to cover his living costs. This is a tremendously powerful situation, given it didn’t come easily, it is attainable.
Daily Necessities
With this in mind it becomes rather obvious that by utilizing multiple opportunities within the realm of daily necessity, one can begin to hedge purchased holdings by gaining more free holdings. In regard to the realm of necessity, I am speaking of checking holdings in your portfolio, doing research, and so on. If you are an investor worth your salt, you will be doing this on a daily basis. In order to do this, you will need to make use of search engines, metric sites, as well as social media. Within this realm, there are numerous opportunities that can begin to produce great results over time.
Browsers & Metrics Resources
For instance, instead of primarily using Coingecko, add LunarCrush as a resource. Unlike candies, users earn LUNR, which is tradable on multiple exchanges and actually has real value. What better time to earn micro-cap alts than in a downtrend. All this activity needs to be done via a browser or search engine. Decentr enables the earning of DEC from a monthly pool of 100K DEC for active users. Presearch enables users to currently earn 0.0548 PRE per search. What I enjoy about Decentr is that the reward halving is set at 2 years, while Presearch adjusts the reward according to the token value. This however does work in favor of the early adopters, as the further you look back in the reward history, the higher the token reward was per search.
Always Have Multiple Options
There is also the CryptoTab browser that will just simply print BTC in the background. I have a separate laptop running this on my desk. It is completely passive and updates the balance every 10 minutes even if there are no searches conducted on the browser. There are a few other browsers such as Netbox but I find the reward too low to be considered. Presearch has a daily search cap of 30 paid searches. This is where you want to have other alternatives lined up in order to keep the Crypto coming in.
The Opportunities Are Endless
If you are truly seeking to find ways to monetize the things that you actually do on a daily basis, you will be surprised to find how many opportunities there are! Some will compliment your already existing routine, while others will completely replace your current resources. We have not even touched on the social media side of things. Obviously, you want to be in touch with others who are in the Crytpo space. You want to hear their ideas and opinions, you want access to a community with a similar mindset. In essence, Facebook’s Meta “move” is a desperate attempt to remain relevant.
The masses may still be with Facebook but people are beginning to segregate to platforms like Hive due to the tribes and communities that are focused on certain aspects of life. The Hive ecosystem has potential way beyond what many realize. Anyway, I am rambling on again about Hive, it’s just that I see so much value and potential in Hive!
Conclusion
In conclusion, we can agree that by simply changing, or adding a few services, we can add to our portfolio. In essence, by adding new value, we are actually hedging our initial capital investment. Due to the diverse realms of opportunity within the Crypto space, creativity can often birth additional methods and strategies to accomplish a similar goal. What may seem rather insignificant now, may well be quite valuable in time to come! To confirm this idea, let’s look back at the price of PRE at the beginning of 2020.
PRE kicked off 2020 at $0.013 and is currently trading at $0.357. Don’t despise the day of small beginnings. This seems to be especially true within the world of Crypto. Earning tokens from new and upcoming projects can pay off quite handsomely down the line. Ultimately, this could do more than hedge your portfolio in the long run, it could even grow it rather significantly.
Thanks for your time, all the best in your Crypto adventure and see you in the next one!
Disclaimer
First of all, I am not a financial advisor. All information provided on this website is strictly my own opinion and not financial advice. I do make use of affiliate links. Purchasing or interacting with any third-party company could result in me receiving a commission. In some instances, utilizing an affiliate link can also result in a bonus or discount.
This article was first published on Sapphire Crypto.
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