The market has really been messing with my mindset lately.
I was already losing a lot trading crypto and thought maybe it's better to cash out and quit. But then I checked the USDT exchange rate—wow, even stablecoins can drop like this, I can hardly recognize it!
Now it’s a lose-lose situation: losses if I hold, losses if I exit. Stuck either way, it’s all losses. The volatility of coins like PIPPIN and AIA was already exhausting, and now even the channels to convert back to fiat are shrinking.
It’s just like they say: “A day in crypto feels like a year in the real world.” On a serious note though, this unusual fluctuation in USDT is something to be cautious about. The “stability” of stablecoins isn’t absolute in certain market conditions. For everyone still in the market, you really need to pay extra attention to asset allocation.
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rugpull_ptsd
· 12-10 01:52
What's the point of talking about stability when even stablecoins have collapsed? This market is fucking ridiculous.
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WagmiAnon
· 12-09 14:44
Even stablecoins can crash; I really can't hold it together this time.
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HalfBuddhaMoney
· 12-09 14:42
Even stablecoins can drop in value—what's so "stable" about that? It's unbelievable.
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CodeAuditQueen
· 12-09 14:29
The USDT depegging is ultimately a liquidity trap, similar to the logic of a smart contract reentrancy attack—the seemingly stable mechanism gets exposed under stress testing. This round of volatility needs to be reviewed.
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CryptoCross-TalkClub
· 12-09 14:22
LOL, so this is what's called a "stablecoin"? I think one day it should just become a "performance coin" to really live up to the name.
The market has really been messing with my mindset lately.
I was already losing a lot trading crypto and thought maybe it's better to cash out and quit. But then I checked the USDT exchange rate—wow, even stablecoins can drop like this, I can hardly recognize it!
Now it’s a lose-lose situation: losses if I hold, losses if I exit. Stuck either way, it’s all losses. The volatility of coins like PIPPIN and AIA was already exhausting, and now even the channels to convert back to fiat are shrinking.
It’s just like they say: “A day in crypto feels like a year in the real world.” On a serious note though, this unusual fluctuation in USDT is something to be cautious about. The “stability” of stablecoins isn’t absolute in certain market conditions. For everyone still in the market, you really need to pay extra attention to asset allocation.