What to do with cbETH?

As a seasoned practitioner in the world of cryptocurrency and finance, I'm often asked about the latest trends and strategies. One such query I've encountered recently is, "What's the best approach to managing cbETH, the synthetic representation of Ethereum on Compound Finance?" The questioner's tone expresses a genuine curiosity and perhaps a bit of apprehension, given the volatile nature of crypto assets. They might ask: "With the emergence of cbETH, how should investors approach this synthetic asset? Is it advisable to hold onto it for the long term, or should we look for opportunities to trade it for profit? Are there any risks associated with holding cbETH that investors should be aware of? As a crypto and finance expert, what would your strategy be when dealing with cbETH?" The query aims to gather insights into the potential risks, benefits, and strategic implications of managing cbETH within a diversified portfolio.