We don't do that. Bear markets we dont buy anything but bitcoin thats the hedge
Discussion
I think you misunderstood me :). I want to take a put option during the bull market to cash it out when Bitcoin will inevitably crash again and then buy more bitcoin during the bear market. You are talking to someone who just bought Bitcoin without selling since 2018. Using options might be a way to hedge from the next crash and still custodying most of my Bitcoin.