Shark Fin In The Bear Market
🔥Topic in Bitget these days is the announcement of our high-quality project - Shark Fin.
This year is the year with many fluctuations in the cryptocurrencies. For the majority of investors, the direction of the market is the main driving force that significantly influences the portfolio. Therefore, investors must understand how each market condition will affect their investment performance. Volatility in the Bear Market is also a matter of great concern and to how to profit in this market.
Our mission is "Trade Together - Get Together," Bitget always wants to bring the most valuable experience to our users; that's why Shark Fin exists. To maximize the returns and lower the risks of our Bitgetters, we are delighted to introduce the Shark Fin product.
Bear Market General
The bear market is a term to describe a declining market state. In the Bear market, stocks keep falling in price. This affects the psychology of investors in that the market continues to go down, thereby prolonging the downward spiral.
The stock market and the economy are closely related. The stock market is in a bear market state, which indirectly shows that the economy is in decline. Firms record low profits that directly affect stock valuation. Many investors seek to sell their securities in the bear market instead of buying more. The difference between supply and demand causes stock prices to fall.
How to Profit in the Bear Market
The possibility of loss is more remarkable when the market is in a bear market state because the stock is continuously depreciating. Some recommendations for investors in this case:
Investors should put stocks with stability. These are stocks that are less susceptible to changing market trends and stable even during bleak or boomy business cycles. These include stocks of utility industries, which the State often owns. The business provides essential products that people buy regardless of their economic circumstances.
With investors in the style of Net Buyers, they will prefer the position of stocks falling. In this case, some investors will use the price averaging strategy (Dollar-Cost Averaging) to reduce the impact of price fluctuations on the value of the investor's stock.
In short, the Bear market states have a significant influence on investment performance, so before investing, you should determine what State the market is in to have a suitable strategy. To provide users with a safe and more profitable financial option, Bitget developers decide to launch the Shark Fin product.
What’s Bitget Shark Fin?
Bitget Shark Fin is a capital-guaranteed structured Bitget Earn product that blends fixed-income products with financial derivatives. It features a straightforward investing strategy ideal for consistent investors seeking lower risk. This strategy is called Shark Fin because the yield curve is shaped like a shark's fin sticking out of the water.
The principle of Shark Fin is to limit the price fluctuations that investors face. The investor will receive a higher profit only if the asset's price is within a specific price range during the subscription period. If the price fluctuates outside this price range during the subscription period, the investor will only receive the guaranteed APR.
How to use Bitget Shark Fin and Calculate Yields? Find the information here!
Bitget Shark Fin Improvement
There is a marked improvement in Bitgetters' experience. The advantages of the Shark Fin product can be summarized in four points:
Guaranteed capital is the best financial product for long-term holders, regardless of market fluctuations.
High yield: The product will judge the price fluctuation range and can create a ROI much higher than the market average.
One-click purchase: Users can subscribe by simply selecting the price range of the corresponding underlying assets.
Maximum Returns: In the price range advised by Shark Fin, our investors might get the highest possible profits.
The launch of this new project simplifies the transaction with just one click; the risk is significantly reduced, thereby ensuring the capital and interest. Shark Fin is highly suitable for investors who do not want to take risks, and prefer low risk.
To better encourage and educate Bitget users to participate in Bitget's new product - Shark Fin, here we are excited to present prizes of up to $6,675 in BGB in the Bitget Shark Fin AMA.
Bitget creates a secure exchange with many products that optimize the benefits of trading on the exchange. To make it easier for users to access our new product, Bitget makes a 10,000 BGB Scholarship called Learn To Earn. Let's learn about Shark Fin while competing for a 10,000 BGB scholarship!
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