​​ CEO of DAO.vc George Galoyan gave advice on how to act in | DAO.vc — Announcements

​​ CEO of DAO.vc George Galoyan gave advice on how to act in a bear market!

Crypto investing is always fraught with risk, even in a growing market. But how to survive a bear cycle when a falling bitcoin pulls altcoins with it?

To minimize risks, it is better to buy Bitcoin [BTС] and Ethereum [ETH]. Now the price of these coins has almost reached the minimum, which means that in the coming years there will be no better time to buy them profitably.

It also makes sense to look at other popular coins, but only the most fundamental projects, such as Solana, PolkaDot, and Harmony. Some well-established exchange-traded tokens may also remain relevant.

The main investment strategy is to refrain from transferring all assets into cryptocurrencies. The safest method of preserving capital remains portfolio diversification. You should divide your finances: into stocks, cryptocurrencies and valuable metals.

Besides, you should refrain from investing in various so-called "hype" coins, or "shitcoins". The price of such assets directly depends on the price of Bitcoin, which is still very unstable: right now its value can vary from $15,000 to $22,000.

A good solution is to take advantage of decentralized venture ecosystems such as DAO.vc. You can enter it safely and even with a small capital. Since you are not investing in individual projects, but in their index — a large tokenized pool managed by the community — your investment is safe from the possible failure of any of them!