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If you hold bulk USDT Diversify to BUSD and USDC
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Crypto market won't go back up until USDT is pegged again. This is the most widely used stablecoin and it's dump already causing a lot of problems.
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Trx might be the next after Luna
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*$LUNA/$UST CRASH* I think Majorly it will be due to the Peg Mechanism *(Algorithmic Stable)* You know $LUNA changed their reserve to $BTC months back to use in Balancing their Peg $UST and all. BTC dip affected the market Generally and in turn affected their Pegged asset $UST. *Here is the Real Deal* 👇🏻👇🏻👇🏻👇🏻 - A Massive $UST selloff on Curve Protocol Days Back - Led to a massive 40% Withdrawal from Anchor Protocol($80,000,000)💔 Worst Ever - A Fud was already on Social Media that Led to the sell of. Now Since $UST is an Algorithmic Stable, it's mechanism of Emission is such that, at *Every $UST minted, $Luna is Burnt(Reduced Circulation and in turn favors the Price of $Luna)* which is a Very good thing for Luna in a Long Run(FA) but as there was a massive sell off of $UST from Curve Protocol, definitely things will be the other way Round which most persons didn't consider at First. (Demand and Supply Techonomics) When $UST is removed from Circulation, $Luna Supply increases💔 *(Not a Good thing for the Price of $Luna)* Reason We saw the Crazy dump on $Luna. Really, the Whole market is just full of sentiments. We hope Do Kwon*and others in Terraform Labs will be able to do their thing to bring back $UST to Peg😁
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Crypto will teach you Patience, here is the solution to the current market. Market is crashing and non-stop liquidations. $700 million has been liquidated from the market in the past 24 hours.As such, (1) Don't come into crypto with Ponzi scheme mindset. (2) Never invest more than what you can afford to lose. (3) Don't try to make quick money. (4) Stay cool and learn market pattern in bear market. (5) While watching the bear, find money and load more bags.Bear market is the period to learn and re-learn & sharpen yourself. The best investment is in yourself! It's time to feed your portfolio and you can be sure that in the bull market your portfolio will feed you.Time to be rich is here!! Go and find money, if you can sell everything sellable and raise capital to buy the dip. Even if it Includes selling your iphone 😂😂Or borrow money from someone your girlfriend or boyfriend and use the money to buy the dip😜😜😜😂😂 na joke ooh😂
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This link can help you save the settings for whatever network you want to connect your metamask wallet to easily,instead of having to copy and paste the RPC settings. Just search the network and add to your MetaMask. http://chainlist.org
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Am looking to bag more Alts at 29k and HODL
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Dont worry about these Dip fam Treasure's are hidden in the dip. Buy your favorite Alts and ensure to take profits
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8 minutes to go. Are you READY???😁😁😁
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Before you venture into CRYpto-currency, always remember that there's a CRY at the beginning 😭🚶🏻‍♂️🚶🏻‍♂️ happy investing😁 We are back to 2008 Stock market Recession and Crypto too is back to 2013 market discount. A great time to buy your favorite altsat discount and DCA and sell. You can trade Futures and NFTs. Trade Futures in confluence with BTC and apply tight risk management and leverage positioning. Discern the NFTs to ape in, don't invest your savings and get rug pulled. Best at this moment to trade Forex.
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