Is 17k the bottom? Well.. maybe... Maybe not. Because we have | Crypto Chimera Technical Analysis

Is 17k the bottom? Well.. maybe... Maybe not. Because we have ANOTHER last cme gap below that which we might fill as well.

This is going to be a massive bear run AGAIN where people will flee off risk-on assets.

Fiat, Gold, Silver will be the reserve of value. Yes, even fiat.
Property prices might either go down (people leaving certain areas of Europe) or go up (Lot of immigration fleeing from the war looking for a place to stay)

Financially speaking, what do we do?
I have decided to keep my important coins (not tokens, except CAKE) and will work on identifying the next bottom and let you know what I see.

Yes, daily and weekly chart are showing a bottom. I've mentioned this many times. But we cannot, I repeat, we CANNOT ignore the fundamentals.

Farming with stablecoins might be a good solution. Anchor is paying 19.45% in UST which is one of the best solutions right now. Even something like 5% in Nexo is better than nothing.
Also visit Beefy Finance and search for "Stable LPs" in every blockchain to find opportunities for stablecoin farming. Anything above 10% is ok. Anything above 15% is excellent at this point. Anchor will continue to dominate this market, and thankfully most big exchanges have UST and Terra integration by now.

Keep some liquidity in your exchange for when we discover the bottom, but don't let your money sit tight.

If you have PAXG the best place I've found to farm gold is Nexo. Couldn't find any other opportunities anywhere.

It is not time to become rich, it is time to prepare yourself to increase your wealth in the future.