Four years ago this week, Terra/UST lost its dollar peg and kicked off a chain reaction that wiped out $45B and took down Three Arrows, Celsius, Voyager, and FTX... along with the good faith legitimate DeFi had earned up to that point.
Most of the retail capital that left after that never came back. The people who stayed are either speculators or true believers. Everyone else is sitting in stablecoins or doing nothing with their crypto.
That's the market that needs a product. Not the people who lived through it and kept trading. The ones who got burned and stopped.
https://t.co/Nl38kzNhS9
@PalwinderCFA@KobeissiLetter This is the relative info I wanted to know. Moreover, I feel this is like March 2022. That month we were lulled into false security with a run where 9 of 11 candles were green
@ramahluwalia Good Post Ram. Covers all my angst
AI: "Live, live, laugh" that will be 500B please
As you were "higher for longer" and correct, are you still "over soon" in Iran or is that a bet on over soon-taco time?
Trump yelling lower rates and going for a hawk is crazy. Is warsh dif now?