The market is currently going through a difficult period. Ethereum and Bitcoin are falling, dragging the rest of the market down with them, and any upward movement is quickly dampened by the news. I have experienced this firsthand over the past couple of weeks.

Since the beginning of winter, I have kept some of my capital in stable pools and pairs with low volatility. It was a conscious strategy where there was less return, but also less risk. At some point, I decided that the market was starting to revive, withdrew liquidity, and increased the share of more volatile assets. Everything looked fine for a while, but then geopolitical tensions in the Middle East put pressure on the market again. The result was a drawdown and tangible losses that could have been avoided.

When you look at a portfolio that is completely in the red, you start to think differently about risk management. You return to the idea that diversification and working with liquidity pools is not boring caution, but a tool for survival. For example, placing funds in pairs such as STON/USDT within the $TON network on the STONfi exchange would smooth out volatility thanks to the second stable side of the pair and commission income. And completely stable pairs such as USDe/USDT minimize price fluctuations altogether, while retaining the ability to receive bonuses from liquidity itself.