sleep wake up and -

+ Fantom whale getting liquidated

https://twitter.com/darrenlautf/status/1520456222909943808?s=21&t=BdCEww1_RU8VSeds12nlQw

monthly summary :”)

https://twitter.com/riddle245/status/1520464764929036289?s=21&t=8OcMh86XjDsfnBcTknLZEg

what led to Solana's halt

thread

https://twitter.com/laine_sa_/status/1520778331746095105?s=20&t=WNPEmrrJZIJa8IBEQRyt1A

FOMC - 50 bps raise

75 bps hikes are not something that we are considering - JPow

less hawkish than expected -> pamp it

update on Starbucks venturing into NFTs

Starbucks NFT:
- likely chain agnostic
- collectible AND access pass to perks
- based on coffee art and storytelling
- genesis collection will build the backbone for future collections

link

these are great levels to dca your bags

don’t miss out !

keep calm and have the long term perspective in mind

bringing this post back because I thought it'll be apt rn (link)

this is a very good time to prune your portfolio

cutdown on big losers and simplify your bets -> narrowing your portfolio

personally, I've been stacking more btc and eth

of course, it does not mean that you cut all your other investments simply because they are losing money

important Q: is the investment thesis still the same? if yes, then keep dca-ing. if no, then consider to rotate or let go

because I'm sure some bags are still all over the place (mine was when I first started crypto)

good checkpoint to reflect and reoptimize

cheers!

what happens to eth fees after the merge?

short #reads

https://medium.com/@LuckyHash/reducing-ethereum-gas-fee-relies-on-sharding-and-layer2-rather-than-the-transition-to-pos-a80d84d3b99d

good time to read this again

https://www.paradigm.xyz/2021/03/surviving-crypto-cycles

UST is losing its peg

further cascading will cause liquidations which will cause BTC to fall further with LFG holding BTC as reserves to back the peg

I've withdrawn everything out of Anchor just in case and waiting out for now

ngl the entire market is quite the shitshow rn and the UST depeg is causing further sell pressure on BTC

seems very coordinated from what I've seen on CT, but can't really be too sure as well

BTC, if we lose 30k then 27k would be the next area

tragic case w LUNA

hope y’all managed to get out w minimal loss

personally I loss a fair bit on the depeg as I was holding UST as well

UST played a very threatening role to currencies and it’s natural that many big players behind the scenes want to see it fail

last night‘s depeg felt orchestrated and it led to a death spiral w everyone running but who really knows

regardless, if the peg is unable to be restored, this would go down into the history books of crypto (tbh it already did)