Let's imagine for a second that the alt season began in early 2022. What to do and in which market segment to invest your funds? NFT P2E or DeFi, or is it better to invest in tokens of promising blockchains like NEAR AVAX MATIC DOT ATOM?
I'll invest more in P2E, I want a passive income.
And then, when I'm profiting from there, I'll invest into other altcoins like ETH and BNB. Just like the normal coins and won't forget to DCA in bitcoin.
A simple strategy yet very good to hold on for the future.
The same thing am already doing, I have diversified my portfolio into 3 different staking platforms to be earning passive income, I will then use part of this income to invest in other coins I see good enough to hold,
There are different staking options available to take advantage of, it is like holding and earning at the same time.
What are those coins and platforms that you're staking right now? That's good move you've made and you're earning passively.
In terms of profit, we really have to be wise on which we're going to reinvest it. Whether you reinvest it or use it for what you want, you should be wise spending it.