#MarketSentimentToday
To counteract a strong bearish volatility, one strategy is to temporarily convert cryptocurrencies into stablecoins. These, pegged to fiat currencies like the euro or the dollar, offer price stability. This move preserves the value of capital during the market decline phase, avoiding significant losses. Once the situation stabilizes or signs of recovery are identified, one can reconvert into cryptocurrencies, potentially buying at lower prices and maximizing future gains. This strategy requires careful market monitoring to identify the right moments for conversion and reconversion.
In a stormy sea ... a safe harbor!
And if you want, follow me!!!