Long-term accumulation and options strategy for USDC

USDT acts as the vanguard in the gray areas, handling users in the corners. USDC waits for tighter regulations to then embrace these users. Compliant stablecoins are indeed more than one now, but among those with a scale of over $10 billion, there are only two: USDT and USDC. And USDC is the only compliant one among them. Therefore, the only truly proven compliant stablecoin is USDC. But the issuer, Circle (CRCL), certainly doesn't buy at any price. Within the current total issuance of $80 billion for USDC, I recommend dollar-cost averaging based on a market cap of $10-20 billion, roughly in the price range of $40-$80. It's not that buying at this price guarantees profits; it's that the margin of safety is relatively high, making it easier to hold. It can basically stay above water in the long term. This means starting to buy at $80, buying more as it drops, and finishing all funds when it hits $40. The reasonable allocation ratio is about 25% of the total position. What if it doesn't drop? 1. You can sell puts. If it doesn't drop, you collect the premium; if it does drop, you convert to stock. This is relatively simple; one trade teaches you everything. 2. You can buy spot and sell deep-in-the-money far-dated calls. These calls have high time value, and generally, they can bring the total cost below $80. This requires some understanding of options; the operational difficulty is actually not high, but you need to cross the threshold of understanding option spreads. 3. High-risk time-based DCA. Buy steadily according to time regardless of price. This risk is relatively high; your account will likely be underwater for a long time after buying. You might need to hold for several years until a tenfold surge occurs before seeing returns. I think most people won't be able to stick with it. I directly advise giving up. Quote: https://web.timestore.vip/#/time/pages/timeDetail/index?timeid=175835