Not sure about the sentiment in the market right now especially the current massive sells happening. Seems lots of whales are taking profits even when the odds of a possible rate cut in september is high at the moment.
A lot of options am considering right now are really "hilarious":
1. Buying the dip and staking them
2. Sniping memcoins (highly risky and costly)
3. Buying and staking stablecoins until market show signs of bulishness
What do you think?
1. This is fine as long as you know the risk of staking.
2. You said it, too risky but if you're used to it. You know what you are up to and the risk that it has got.
3. I'll choose this if I've got enough stablecoins and the APY does give me some satisfying money, I'll park my money there and wait for the actual bear market to appear and I'll start buying.