Anyone have thoughts on best ways to hedge crypto positions / profits?

[JackAlabama]

Hi there, yes! ATM means At The Money. And I totally agree with what you write here. That is what I am currently doing. We are saying the same thing

So the crux of my question is: have you (or anyone) found OTHER ways (beyond buying protective puts) to insure their crypto portfolio against the wild swings or the down years? Or is the only solution just Buying long term Puts like it is in typical equity markets?

nothing fancy, and just getting cash...