What measures can cryptocurrency investors take to protect themselves during a market crash?

1 answers

• An PhuongSep 02, 2020 · 5 years ago
  As an expert at BYDFi, I highly recommend cryptocurrency investors to consider using decentralized finance (DeFi) platforms during a market crash. DeFi platforms offer various strategies to protect your investments, such as yield farming, staking, and liquidity provision. These strategies can help you earn passive income and mitigate potential losses during a market downturn. However, it's important to thoroughly research and understand the risks associated with DeFi before participating. Always do your due diligence and consider consulting with a financial advisor if needed.
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