Recently, I saw a post that stated you have to think about when to cash out. If you do not have specific numbers for the prices of your coins in mind, where you push the SELL button, then you will ride the next bull run until it becomes a bear market again. The message of this post was reasonable, so I checked the stats and decided when I plan to sell for all coins I have got.
The question now is, what then? Imagine, I sold a big part or all of my coins for $$$ and they are laying on the exchange, where I made the trade. What should I do? I like the idea of passive income. Therefore, my first thought was to exchange the cash 50/50 in USDT/USDC and put them in a farm for liquidity mining, so I can live of the interest.
Would this be reasonable? Where should I farm? What are the things to watch out for? Do you have better ideas? I would love to hear them.
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