Let me tell you my approach where the price does not truely affects me.
I live on polygon, and mainly on Aave and some other defi protocols that I trust. This means that I am no trader. I take out loans against my collateral which is mostly ETH, and use that borrowed DAI to buy some more collateral.
I've learnt my lesson from the end of the last bull market where I had to liquidat a lot I did not want, because I borrowed against my inflated collateral and used my loan for living expenses. So dumb.
Today i keep my Aave health factor over 3, which might be over cautious, but now that we are under 20k BTC - I sleep as well as I did before. Dunncare. Matter of fact, I profit from it!
Because I restrained myself from overborrowing at higher overall crypto prices, I can borrow a tad now and add to my collateral. Mater of fact, since this mess began my APY went from 0.3 to 0.7 on Aave. I earn, even considering my borrowed money.
So thats it. I want you to consider alternatives to trading and the hussle. Stay warm, stay cool!
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