After looking at the market over the past two days, this feels like just the right time to launch 【Simple Earn】

BTC has risen nearly 20% in two days, reclaiming the area around ~80K and reaching a new high since May

Being bullish obviously feels good, but it also raises a question

After such a rapid rise, do you still chase?

Suppose you’ve just taken profit on a position and now have 10K on hand. You’re still bullish in the long term, but don’t want to chase short-term highs and would rather wait for a pullback before re-entering. That could mean waiting a few hours or several days

At traditional brokerages, this kind of money usually doesn’t just sit idle. Many people put it into cash management or money market products, then move it back when the next buying opportunity appears

That’s why I think the most appealing part of Gate launching Simple Earn this time isn’t simply adding another wealth management product, but making use of the waiting period as well

Funds waiting for an opportunity can be placed in Flexible Term and redeemed when needed; the portion you’re temporarily sure you won’t need can go into Fixed Term. If you don’t want to manage idle balances every day, you can also enable Auto-Earn for automatic subscriptions

This campaign also offers additional Bonus / Boost annualized yields, adding another layer on top of the original returns

And Crypto’s biggest difference is still that it operates 24/7

Take profit on Friday, continue earning yield on Saturday, wait for a pullback to provide an entry point on Sunday, then withdraw the funds and re-enter

Being bullish doesn’t mean you have to buy at every price

Sometimes the best position is waiting, and waiting can also earn yield 🔜