Your portfolio is bleeding, mine is farming.
While most of CT waits for an altseason that already passed, LPs on Meteora turn volatility into fees. The mindset shift for this bear market.
I've been shouting about the coming bear market for a while now. I predicted and prepared my CT for this current market movement in the latest weeks. Everyone who listened was prepared. If not, you're probably feeling the heat right about now. There's nothing wrong if this is your first crypto cycle. Learning from it will make you better for the next one.
If you're staring at red candles and wondering where it all went wrong, you're not alone. Most of CT is currently trapped in the "buy and pray" cycle, waiting for an altseason that already passed them by in December.
While they're getting liquidated on perps or watching their bags melt, I'm focused on one thing: getting my $SOL cost basis to zero and providing liquidity on @MeteoraAG.
The market doesn't have to go up for you to make money. In fact, for a "Meteora degen", volatility is the key to success.
It still surprises people in my circle that we're actually making money while the rest of CT is losing everything they have on alts, on Base tokens, or just by trading on perps.
The cold truth
- The cycle shift: if you're still holding for a "moon mission" while the structure is breaking, you're the exit liquidity. The four year cycle works perfectly. Prepare for two or three years of bear market. And do not think a bear market is prices going down only, we will also have very green phases.
- The LP edge: even if the $SOL price drops, the volume in the trenches is still thick. We aren't fighting the trend; we're capturing the movement. In the trenches we are in a totally different market that is independent from $BTC moves.
- Zero-stress mode: once your earned fees cover your initial investment, you have zero fear. You don't sell because you're playing with the house's money. $SOL on Meteora becomes your fee printing machine. You can stake it, sell it for $USDC or do both. But even now, if you want to start, the $SOL price is pretty attractive, even though we will see prices much lower, even $40 for a $SOL.
Stop losing your crypto trying to outsmart a bear market. Start putting your SOL to work as a liquidity provider. It's time to switch from being a gambler to being the one who profits from the market movement: the market maker.
Want to know where or how to start? Check the pinned post on my profile and visit the LP Army website.