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RE: What Are Some Of The Things You Do During Bearish Situations?

in LeoFinance2 years ago

That's exactly where I'm going, if one depends on crypto to survive then surely they'll find ways to mitigate that volatility. Whether it's through stacking stablecoin and maybe other assets. Well the best way to grow crypto is not to be too dependent on it in the short run.

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Stablecoins have to be in one's portfolio, am looking at one or two more besides HBD but I don't like leaving my cryptos on exchanges.

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It's important. As a matter of fact, I want to save some, so I wouldn't need to sell my assets when the bear comes.

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Besides HBD, which other stablecoin would you recommend?

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Hahaha I wouldn't really recommend though, but I use USDT, I think it's the safest.
This is not a financial advise. 🤣🤣🤣🤣

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Okay just looking at other options I can utilize besides HBD, USDT is the one I use mostly too, actually never used anyone besides that.

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Ahhh I think a person I know recommended it to me, so sometimes I use it to mitigate Volatility.

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I don’t think that you need to rely on this, the initial task is to increase your assets today, to mitigate a hard landing)

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It depends, different people with different economic situations.

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No, only patience makes people wealthy and rich people know the value of their patience.

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Staking stable is also important very important and it give power to buy more during the bearish market too

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