The SEC's attack on these two subjects will affect your investment portfolio, how to protect assets right now?
Yesterday, the world's leading economic newspapers said there was a high possibility that the SEC would reject the Spot Ethereum ETF in May. This stemmed from conflicts in the meeting between the SEC and funds applying for an ETF license.
An ETF rejection could trigger an ETH sell-off until better news returns. The leading Altcoin facing FUD will make it difficult for other Altcoins to grow strongly and it may be a long time before Altcoin Season appears.
In addition, the SEC has sent a "Wells Notice" to Consensys (Metamask's parent company), meaning that the SEC is preparing to sue this company. Consensys decided to declare war by suing the SEC, affecting the development of Ethereum. This is extremely bad news and will certainly negatively affect your investment.
In this case, what should be done to maintain a safe portfolio and reduce the impact of FUD? Here are my experiences: First, reduce the proportion of high-risk investments and limit leveraged transactions when the market is unsafe or the trend is unclear.
The second is to increase the Stablecoin ratio in the account to be ready to "buy the dip" when the market adjusts deeply. Third, don't act on market news, incorporate technical analysis factors to avoid Liquidity Hunt. Finally, invest on long-term timeframes to avoid short-term risks and FUD.
