yesterday's crash is a good reminder of a few important things:
1/ don't use leverage
when markets go up, it's tempting to use leverage to enhance your gains. but leverage will get you stopped out of positions and blow up your account fast, as soon as the market goes against you. if you don't use leverage, you can hold through drawdowns, no matter how big. if you're a long-term investor, don't use leverage.
2/ have conviction
if you started doubting any of your positions yesterday, or considered selling, you might want to reconsider your holdings. if you look at any of history's top performing assets from $BTC to $NVDA, they all had huge drawdowns before going much higher.
3/ focus on the long-term
prices go up and down every day, but if you're an investor you should be focused on months and years. so long as the overall trend remains up and the fundamentals remain strong, that's what matters.
4/ remember what really matters
your health, family and friends are ultimately what really matter (vs numbers on a screen). work out, go outside and have fun. take some time away from the screens. and before you know it, we'll be on our way to new highs.
nfa. and always dyor!
Next up → the Kingdom of Bahrain. 🇧🇭
We're expanding our presence in the Middle East through a partnership with Bahrain @FinTechBay: https://t.co/3o3CtrOhRZ
Building on our Dubai regulatory license, this move reinforces our commitment to the MENA region.
Together, we'll accelerate crypto adoption, drive pilot projects, and launch accelerator and educational programs to introduce solutions like Ripple Custody and RLUSD to key financial institutions in the region.
Banking, bonds, currency and markets: the entire financial landscape is evolving.
Blockchain is a powerful engine that creates groundbreaking opportunities for global businesses.
Learn how we're making it happen with solutions for payments, custody, stablecoins, and more: https://t.co/DRG2XlWIkv
Securitize and @Ripple are bringing crypto mainstream.
"Behemoths BlackRock and VanEck announced plans to tokenize money market funds... through Securitize, fund holders will be able to redeem fund assets for RLUSD directly onchain." - @Forbes
It's time to Tokenize the World.
📢 Big news: we’re launching a major new initiative to transform payments for consumers and small businesses!
Working with some of the world’s biggest banks, our new scheme will ensure that cross-border retail payments are as fast and predictable as domestic ones.
👉 Want to learn more? https://t.co/oHpA3eoImg
#CrossBorderPayments #Innovation #Payments
Can institutional adoption and decentralization work together?
In the first episode of the Onchain Economy series, @joelkatz says yes and offers that neutrality is key: https://t.co/2eUJCrxFSX
He explains how tokenized assets and onchain credit are bridging the gap between TradFi and DeFi and how the XRP Ledger is the perfect foundation to support this shift.
What used to take days in finance can now happen instantly with stablecoins.
"The integration of Ripple’s RLUSD into tokenized fund products represents a step toward practical adoption of blockchain-based cash equivalents in capital markets."
With BlackRock’s BUIDL and VanEck’s VBILL, Treasuries carry the strength of the dollar onchain through Securitize, the world’s largest issuer of tokenized securities.
Massive win for #Ripple’s vision.
BUIDL/VBILL → $RLUSD via Securitize = instant, compliant liquidity. This is the infrastructure institutions asked for.
Another brick in Ripple’s wall of utility. 🧱
5M cap for FXRP has been reached in 4 hours! 🔥
Massive credits to every builder and supporter on @FlareNetworks. This one’s yours! 🥂
Cap raise in 1 week 🔺
Guides and tutorials coming soon. Follow @BifrostWallet and turn notifs on 🔔
For over a decade, XRP has powered fast and efficient settlement at scale.
FXRP on Flare extends that strength with composability, opening new growth opportunities: XRP as collateral, liquidity, and yield in DeFi.
Mint today:
https://t.co/1ovLRNisHZ
https://t.co/Kjsp3Okyrc