One of the best strategies you can employ during a bull market is a leverage spot strategy. This is a pretty basic lending/borrowing strategy you can use on AAVE, Fluid, Euler, and any other money markets. If you're bullish on ETH, you can start with ETH as collateral and borrow USDC. Your initial exposure is ↑ Long $ETH and ↓ Short USDC. You can then use your USDC to buy the dip on high conviction assets (for example, $BID). The final exposure is ↑ Long $ETH and ↓ Short USDC and ↑ Long $BID. If you're more conservative and want to accumulate more ETH, you can use the USDC to buy ETH and farm those ETH through @pendle_fi PTs or loop them to earn 10-30% yields via @eulerfinance or @Contango_xyz. If you hold a lot of $VIRTUAL, you can also borrow USDC with $VIRTUAL on @MoonwellDeFi and use that USDC however you want. This way, you remain long on your highest conviction asset (be it ETH or VIRTUAL) and unlock additional liquidity to play around with, allowing you to capture more gains during the run-up. The downside here is that if the market tanks, you could get liquidated if you're not careful. So make sure you don't take on too much leverage and always monitor your positions' health (LTV) at all times. My hope is that we get to see leverage/liquidation prevention agents soon that can help monitor and automate processes to save users from getting liquidated. At the very least, volatility and price prediction models are improving, and that's a good infrastructure for liquidation prevention agents to have to get ahead of high volatility or sharp moves in prices and close positions before a major dump (or pump) happens.
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