A couple of weeks there was this general euphoria and people were buying whatever was shilled by anybody who had a certain following. In my subjective perception, it seems that things have changed. Was one tweet enough to drive us into a bear market?
How to face the bear ?
Whether the bear market has started is difficult to define. It's possible that this is only a correction before the next push. On the other hand we can see that people are not as optimistic anymore and maybe have made the first steps into a new direction.
Hedging your bets
From my experience, I believe that we never know how things will develop. I learned however that it is always good to hedge your bets or as we say not to put all the eggs in the same basket.
My strategy at the moment is use a part of my earnings and to buy stable coins with them. I don't sell anything but at least the interests and dividends I generate are used to stabilize my crypto fortune. I also found some ways to get a return on these stable coins. This allows me generate some relatively stable income, even if the crypto markets plunge.
How do you position yourself in the present situation?
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