EthFinance

The reason why AMM LPing is great is it *forces* you to hold cash.

Professional traders who survive multiple cycles do two things extremely well:

1. They buy when there's a crash.
2. They sell when things are going up.

This sounds easy, but many people simply do not have the conviction to sell 40% of their stack into cash and sit on their hands.

The smart traders do.

That's fine as investing but that's not what traders do.

Orders of magnitude difference in timescales.

And why not just holding ETH and forgetting it for 10 years?

Can you explain more about how LPing is the same as holding cash? Is that if you LP ETH with Usdc?