Cryptocurrency is a good but volatile investment. As we saw over this past 6 months bitcoin (as an example was as high as $63,000, then it dropped to about $29,000.) When professional traders, like those who trade commodities are looking for opportunities in volatile markets they will use a hedging strategy to manage drawdowns but still profit from the expected positive trend.
It's not sexy, but it works.
There are bitcoin options and starting to be some in ETH as well but still quite expensive. And you have to understand options to put together a sensible strategy.
This service is a AI based risk management tool that I use. They have models that work on about 30 markets including BTC, ETH, ADA, UNI, DOT, XRP etc. I use it on my holdings which are primarily in BTC and ADA.
Those models started hedging my position on May 11 and by May 12 it had put my position into USD. I look at what they are doing ever so often but what I can say is that when the market starts trending again and the models remove the hedge, I will get in at a lower price.
More BTC and ADA in my account.
It's not perfect. During a trending market you make less but my PnL is much more stable with a Sharpe Ratio of over double that of bitcoin.
https://panxora.io/panxora-labs/treasury-management-service/