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My Bear market strategy when LPing on @MeteoraAG
1️⃣Being a part of the @met_lparmy, the bear or bull market makes little difference as it’s always a season to print. During a bear market, though, my core focus shifts to the bid-ask flip positions on tokens with strong potential and solid narratives.
2️⃣Aim of the Bid-Ask Flip
The bid-ask flip aims to buy low and close the position. If the price stays in range for a long time before going OOR on the downside, fees mostly offset any impermanent loss. If it doesn’t stay in range and we close at a loss (the more common case), we wait for a reversal, deposit the bought token, and turn profitable.
3️⃣Why bid-ask volatility works:
It lets you DCA most of your liquidity at a lower price, and when the position flips to the ask side, most of the sell orders execute at a higher price within the range.
4️⃣How to set up the stretegy
Steps:
✅ Go to the Meteora website
✅Choose your pool
✅Add liquidity
✅Select a price range
✅Volatility: Bid ask
First step ( Bid process): Deposit only the quote token to Dca into your preferred token
Once the first step is done , and all liquidity gets used up, close your position and proceed to the final step
Final step ( Ask process) : Deposit only the base token to create the sell order and watch your position go live, earn fees and close with a good pnl percentage.
5️⃣What could go wrong: ...

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