Development ideas for half of the bull market
I spoke to a friend yesterday, and last week we talked about trying to make some UNI tokens, but I don't think UNI will lose 46% in 124 losses. He believes that the value of tokens like UNI is very high and that using tokens that are worth buying will lead to risk management.
I disagree with my friend's play because I have no suggestion for strength and future play, but his comments on UNI's performance surprised me.
As of this writing, UNI's value was $ 17.19, down 62% from its peak. Looking at UNI's performance, we also looked at other top DeFi tokens that contain multiple features like AAVE, COMP, CRV, and MAKER. At the time of writing, those tokens are dropping 72%, 75%, 35%, and 59% depending on their maximum.
The two leaders, Bitcoin and Ethereum, fell 26% and 11% respectively.
By doing this, you can see that the two rankings are the strongest in the collision.
In the September 6 post "My Thoughts Work for Half the Bull Markets," I once wrote:
“Currently low risk traders against the market can trade other tokens (such as DeFi, NFT, etc.) for Bitcoin or Ethereum in devices as of now. Create tokens and exchange other bad tokens. Trade in batches for Bitcoin and Ethereum. "
September 8 "How long will the Bull activity last?" In the article "My business information", I wrote:
“But now, since Bitcoin and Ethereum haven't broken past their previous highs, the market is experiencing a downturn and it's clear other currencies are losing more than Bitcoin and Ethereum in a big downturn, like your first time.
Now you can exchange other tokens in hand (DeFi, NFT, etc.) for Bitcoin or Ethereum in batch. With Bitcoin and Ethereum in hand, the market waits in the coming months. "
And I mentioned a few times in the next post that in addition to storing my favorite personal NFTs and tokens, they've moved on to all other features, including DeFi, along with Bitcoin and Ethereum.
After sharing this article, my friends often ask me if I actually pulled out a DeFi token in my hand and if I am not happy with DeFi.
I have DeFi tokens, but I am not happy with DeFi. Instead, we are very excited about the so-called “DeFi 2.0”, which was developed very quickly around this time.
However, this is a long-term perspective and when solving long-term issues, setting up long-term investments is not a big issue that we're trying to tackle right now. The biggest question we need to address right now is how to deal with the various issues that will arise in the bull market in the middle of the year to move to the printing device market.
The greatest problem in this process is how to prevent risk, how to prevent businesses by making a lot of uncertainty.
It is only by hanging on to this important conflict that the fruits of the struggle of recent years can be preserved as far as possible without deception. Granted, these concepts are repeated in the previous language, but newcomers need to do some business experimentation before they can gain more in-depth knowledge.
If so, how do you manage it to maximize your ability to avoid and prevent as much risk as possible? Here are some of the things I mentioned before: Own Bitcoin and Ethereum and focus on managing those two coins.
After exchanging most of the DeFi tokens in my hand for Bitcoin and Ethereum, I never paid for their model. Without my friends, I wouldn't visit their store. But for now, I have a deeper understanding of risk management.
Of course, many of the coins I traded had significant benefits as well, such as SAND and CUBE, but the value was always lower compared to the significant differences in risk management. Therefore, he does not deserve regret.
Some readers have asked if these coins could have been better traded if they could have broken all of the bull market highs during the second half. No one can predict a business like this. However, as a general rule, even if you can get out of the waves market, you won't be able to cross Bitcoin and Ethereum, and if you can cross Bitcoin and Ethereum, it doesn't seem to continue. Tonnes and tonnes.
So we still have to focus on the two taps.
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