Since the Fed raised interest rates, driving many investors back to more traditional assets, crypto prices have sunk with Bitcoin dropping 20% in just a 5-day period and the total crypto market cap tanking to a ten-month low of $1.6 trillion.
While the crypto market remains bearish, this creates some amazing revenue opportunities for investors ready and willing to seize the moment.
Rule 1: don’t let your money just sit there
One project that is earning high yields for its users, even as prices plummet is ArbiSmart (RBIS). This notable newcomer to the crypto arena was first listed in January 2022, and since then has been steadily gaining momentum.
One way in which the platform is generating passive profits is with crypto arbitrage, an automated investment strategy that takes advantage of temporary price differences across exchanges.
ArbiSmart users just fund their accounts with FIAT or crypto and the money is converted into RBIS, the project’s native token, and used to generate between 10.8% and 45% a year in passive income, based on the amount invested.
Because price disparities occur with the same regularity regardless of whether the crypto market is sinking or soaring, instead of losing its value in a crash, the Bitcoin and Ethereum users are earning a reliable, consistent yield.
Another way in which ArbiSmart is able to generate passive revenue for users is with the interest-bearing wallet it is introducing next month. Offering a variety of savings plans and supporting a broad range of FIAT and cryptocurrencies, the wallet will reward users generously, in both bear and bull markets, simply for storing their capital with ArbiSmart.
Instead of HODLing funds and just letting them sit there, users can earn up to 147% on RBIS and up to 49% on all other supported currencies. A mobile version is also being launched, which will enable users to buy, exchange, store, deposit and withdraw their fiat and crypto from any device.
Rule 2: choose a coin that is set to soar
The current bear market has led to falling prices across the board. However, the long-term prospects for the RBIS token are incredibly positive, as a result of the many new RBIS utilities being launched in 2022, designed to drive demand and boost liquidity.
In the third quarter, ArbiSmart is following up on its interest-bearing wallet with the launch of a marketplace for the purchase and sale of Non-Fungible Tokens (NFT’s) and the release of thousands of one-of-a-kind works of digital art. In Q3 ArbiSmart is also introducing a decentralized yield farming program offered via Uniswap, but accessible via an ArbiSmart platform interface. In return for staking capital in ETH/RBIS and USDT/RBIS liquidity pools, participants in the program will receive 0.3% from the fees on each trade as well as up to 190,000% APY.
Keeping up the pace, at the tail end of the year, ArbiSmart will be introducing its own cryptocurrency exchange, as well as a metaverse, a digital gaming world where gamers play-to-earn, buying, developing, and selling virtual real estate for actual profit.
RBIS is the currency powering the entire ArbiSmart ecosystem. The launch of all these services over the coming months is likely to increase demand for the token, since each utility involves use of RBIS. For example, to benefit from an interest-generating savings account in any currency, wallet owners need to hold a minimum of 1,000 RBIS and the token is required for the purchase of NFTs as well as in-game items.
The interlinked nature of the ecosystem means that an NFT can be used as a gaming avatar. Such cross-hub use of utilities is incentivized so if you hold a Non-Fungible Token from the ArbiSmart NFT marketplace you will earn a higher return on your investment in the yield farming program.
As demand for the token rises, supply, which is finite, and capped at 450M RBIS, will fall, driving the price up.
These upcoming developments point to a long-term viability, and indicate that once the bearish trend passes, the RBIS price will take off as the ecosystem expands.
Rule 3: use a strategy that suits the current market conditions
One strategy designed to enable investors to best exploit a bear trend is the Average Purchase Price Strategy. This approach can be used for all types of assets from crypto to stocks and commodities. It allows the investor to exploit a temporary dip and generate a profit over the long-term, reaping the rewards once the market recovers.
For example, prior to a stock market crash, you may have bought 1,000 shares in stock X, at $10 each, spending $10,000. Now post-crash, if the price per share has dropped to $5, meaning your 1,000 shares are now only half their original worth.
This is where the strategy comes in, even if it feels counter intuitive. If you were to now buy 2,000 more shares, costing an additional $10,000 at the current price, you will now have 3,000 shares in total and have spent $20,000. This will mean you have spent an average of $6.66 per share. So, as soon as the market recovers and the stock price bounces back to its pre-bear $10 a share, you will have made a profit. The market goes through cycles and the Average Purchase Price Strategy offers a great way to make the most of temporary downturns.
With an already popular crypto investment platform and multiple developments on the way in 2022, the RBIS token is laying the groundwork to explode in the coming months, generating huge capital gains for token holders. Crypto investors wishing to turn a crisis into an opportunity, and benefit from the crypto crash can buy RBIS now.
*This article has been paid. The Cryptonomist didn’t write the article nor has tested the platform.