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?
Well earning from the crypto market is not easy as it seems to be. One can say that you can invest for long term and get benefits but not everyone has the emotions and time to keep the money invested and see their money go down if there is a bear market.
My advice to all the Bitcoin investors are that before investing they should see at which phase of the cycle we are in. I will not advise anyone to invest in Bitcoin at all time high prices and specially when the bitcoins for this cycle is about to peak and we are about to have another 2 years of bear market.
That's why DCA is just the best at this phase. Another option I explore more is exchange events with casual earnings. I usually average $300 every month from this.