How do you stay profitable in these market conditions?

[minibuddy]

It's no longer news that at the moment a lot of crypto are down and as a result a good number of people are losing money especially people that have kept assets in anticipation of a bull run. 

Of course, if you're like me holding with a long term view, you might not mind very much because you know the market is a cycle, and we'd be getting dsome greens soon, if you're also a very good trader you'd really not mind, because you can just short the market.

But for people that are not as good with trading, or people that cannot hold for long, they are using every option possible, from staking, or even participating in exclusive events.

I came across someone that mentioned how they've profitted from events like launchpools on his exchange, for context, if you had 1000 BGB and participated in all the launchpools in 2024 you'd have gotten up $409 worth of tokens just for holding, and this is what the person did with BGB. 

And this is only one example, I'm sure there other people that know about other stuffs, and I'd like to hear from these guys on how they're making profit in these conditions, and how these options work.