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?
I was thinking of the same thing and came to a conclusion to buy the dip and bought some BTC.
I transferred those to my non-custodial wallet for the time being. This is the safest option for now I believe.
If bitcoin drops further in next one or two months then I might buy some more and otherwise I will keep holding what I already have.
I already have some SOL staked and planning to sell some of it at 300, 400 and 500.
May be I am more bullish on SOL but I think it can go to that extent in this bull cycle.
Even if it doesn't, I will still make money staking and then wait until it reaches those prices.