This summer may only have winter.
Entered the second quarter, Bitcoin stabilized above 80,000, but altcoins are experiencing a widespread drop, and various ecosystems are struggling. Web3 is left with only casinos and pump fun.
The entire bull market for ecosystems or industries has never truly arrived; $BTC rising alone can no longer bring enough new liquidity.
How to get through this difficult period; Orange Cat shares insights from both an investment and a life perspective.
As Orange Cat, who has been around since 2018, there may not be many secrets to wealth, but there are certainly survival experiences. Here are several points I think should be done!
1. Reduce leverage, hedge at high points.
Mainly targeting altcoins, reducing leverage is because in low liquidity situations, even slight selling pressure and negative news can lead to extreme market conditions. Like yesterday's ACT, the lack of liquidity can worsen the situation for already illiquid, fully circulating coins. At this time, you must control your leverage well.
Some altcoins may quickly drop again after a random rebound. If you are indeed optimistic about a project's development, be prepared to hedge with a short position after a significant rise of 20-50%.
The consolidation at low levels will not end so quickly.
2. Face reality. Remember that many altcoins and MEMEs can never return to new highs.
Therefore, you need to make choices. At low points, you need to switch holdings, exchange for projects with market potential and future, such as $ZRO $PENDLE .
Many worthless coins; you can escape during a slight rebound while holding onto those you believe have a future.
3. Observe more and act less, enter low-risk financial management.
Currently, you must reduce your actions and investments. The crash rate of new coins on Binance exceeds 95%.
Unless there is a truly worth-participating opportunity, participation can also be done through dollar-cost averaging and grabbing airdrops. There is no need to force yourself to become a shareholder.
Idle funds can be used for financial management, including on-chain finance and exchange-based finance, to avoid asset idleness. If conditions allow, you can try some quantitative or arbitrage trading, but beware of scams.
4. Return to life, reduce market focus.
Don't let Chinese KOLs dominate your world too much. Their paths are mostly non-reproducible and often exaggerated.
Life is your own. Pay attention to life and rest. During the bear market, you need stable cash flow and appropriate fixed investment funds.
In the end, the market will definitely improve. Learning is also very important. Maintain a good mindset; Web3 is still moving forward.
Follow Orange Cat to reduce your chances of losing money by 90%!
Reply: We are still moving forward. Get the bear market benefits from Orange Cat.
