While the market continues to trend bullish, we should forget that we are in another 4-year cycle, and usually in the first year, the market tends to create its ATH before the bear market begins.
While BTC and other tokens are doing well now, it would be smart to prepare for the bear market by holding stablecoins to earn yield, so profits earned and the capital can be used to invest when the market shows an opportunity to.
In search of a way to do this, I stumbled upon BGUSD, a certificate backed by a basket of RW assets that can be converted to USDC at a 1:1 ratio. It gives an APY of 5%, and its subscription is free for your first 30 days. I am curious to know if there are others so I can compare and contrast before making a decision. If you have found others, please share in the comments.
What a good advice that was dished out in order to shill a project. I went through the advice carefully and surprisingly the conclusion got me disappointed.
Meanwhile, it is cool we understand that bear market must surely come, but this time around, we don't know when it will come. It might be in few months or few years, but it will not be in few weeks or days. So, keep ridding with the bull market.