IF YOU SOLD YOUR USDC BELOW 0.95 JUST QUIT FUCKING TRADING ANON
IF YOU SOLD YOUR USDC BELOW 0.95 JUST QUIT FUCKING TRADING ANON
Falling into your wing while paragliding is called 'gift wrapping' and turns you into a dirt torpedo pic.twitter.com/oQFKsVISkI
— Mental Videos (@MentalVids) March 15, 2023
joke's on you when we realize those usdc were stored in svb's hot wallet
Wait, you mean people sold? Wtf I though that was a meme lmaoooo! USDC to $2
i swapded last night at .96 for ampl at 1.18 and i'm up 30% right now tbh
>trading $1 for $0.88
Wew lads. I guess somebody has to occupy the lower half of the bell curve.
I sold 10k USDC for 9k tether because I needed tether to 20x long USDC
I bought at 58 cents and sold at 93 cents on a small time illiquid exchange because the slippage was wild and I was gonna keep swing trading but the exchange pulled the plug on usdc trading
honestly trading on illiquid exchanges is the funniest most degen shit, you can make money off people who don't understand liquidity and slippage at all
You had retards here giving some of the shittiest takes on why it would depeg. Absolute morons.
if I had a dollar for every retard that said 'it's like UST' I'd have a lot of dollars
kinda like this guy
?
he probably doesn't even know what a hot wallet is
he heard the term here, on twitter or on discord and just parroted it back
If you sold $1 for <95 cents, consider suicide LMAO thanks for the free money, retards.
>he didn't immediately sell his usdc at $0.97 for altcoins when it was evident the bailout was coming
So you gained 1% instead of 10-20%? Sad!
swapped it all for eth and btc. sorry
Why do folks here have no real understanding risk assessment? I sold at $0.89, and guess what? It was the right thing to do. Why risk all of my money going to zero when I could cut my losses? I'm pretty sure UST holders would've killed to sell at $0.89. I'm happy with my trade even if USDC goes back to $1.
Holy cope lol
There's no way you didn't cry while typing this
>Why do folks here have no real understanding risk assessment? I sold at $0.89, and guess what? It was the right thing to do. Why risk all of my money going to zero when I could cut my losses? I'm pretty sure UST holders would've killed to sell at $0.89. I'm happy with my trade even if USDC goes back to $1.
How do you retards think this anything like UST? How are you idiots this clueless?
lmao you dumbass
the price of USDC was $1 after the news
an hour later it was 0.995 or something
and then it fell all the way to 86c ONLY because of mass panic sellers such as yourself. Not only did you panic sold like a homosexual, you ACTIVELY CONTRIBUTED to lowering its price
You are sort of right as a pure protection move.
Your risk assessment, comparing do kwon to circle, is completely different.
>Risk assessment
>Can't assess the difference between a backed stablecoin and an algorithmic stablecoin
This is the typical LULZ poster lol
same people bagholding LUNC and icp
Guys at my work keep talking about "Shib might get to one cent!". I've tried explaining how that's basically impossible but they don't seem to care.
You were right. There was no way to know the bank would get a complete bailout. And Circle stayed silent for a suspiciously long time, probably fudding it themselves to accumulate cheap usdc because they knew they would be bailed out. At least you have survival instincts unlike 99% of this board who just diamond hands everything that touches their wallet.
If you sold it for btc, it's not a big deal
jokes on you fgt i panic sold @87c so I can panic withdraw all my money 9am tomorrow. hopefully naggers dont rob me on my way home because im gonna spend it all at the strip club while they still accept USD
I lost all my money shorting usdc at $0.88. I got margin called when it went back up to $0.95
Its fine though I'll just get a bailout from the fed