I reckon the best time to begin your plan for the bear market is to do it during the bull market. I want to hold American dollars or a dollar equivalent when the bear market arrives, however, I do not feel safe holding centralized stablecoins like USDT, USDC or BUSD. What are the decentralized stablecoins can everyone of you recommend?
So far I still believe in USDT (from any network) I think they are one company with various networks they provide.
I also think USDT is different from USDC or BUSD , USDT is much more reliable not just centralized to regulate how the coin is stable I believe they also have large backups of real assets so their value tends to be stable in large values and they can still maintain that stay safe till now.