Slowly buying the deep/fear😉
Once we will see more bullish signs, we will start to diversify into altcoins, the plan is to have 10 positions with a 10% weight👌
Here you can read and comment on all posts made by Strategists about Tether USDT. See all Tether price predictions in real time and make the best use of their crypto knowledge.
Being in the biggest and the best crypto's like we are now, is the safest way to play this crypto winter.
More and more rumors are starting about $USDT and with the peg almost back at a dollar, we decided to rather exit it and switch to $USDC. It will cost us something in trading fees but it's worth doing it as we don't want to risk such a big percentage of our structure.
Furthermore, we also increased the $BTC position to 40% and will therefore adjust the rules we have in place. We did this mainly because $BTC could go up in case we see more pressure on $USDC as people will likely sell them for $BTC. We saw this happen in the past so increasing $BTC by 5% at $16,500 (78% down from its ATH) seems like a good idea✅
Here is also an interesting thread about $USDT 👇🤔
Over the past few days, we had a call with our advisors and people working in the industry. After discussing the event that took place, we all agree that this will likely have an impact on the industry as a whole. While some people will leave the industry for good, we will also see some positive impacts. Here we have in mind the much-needed regulation that will bring big money into the industry. The fact is that the industry is mature enough that it is not going away and will survive this crisis. Many big financial institutions showed interest in crypto and they will offer it to their clients, no doubt about that. If something, the regulation will get so strict that just banks and a few large exchanges will be allowed to operate in order to prevent things like FTX drama to re-occur.
Another thing to consider is the stock market which looks overheated. We saw one of the craziest bear market rallies after J. Powell made it clear that they will keep fighting inflation and raising interest rates. By pumping up the market the FED will need to be even more aggressive in order to bring down inflation.
Furthermore, the dollar dropped and while this may be good news for the stock market, it will further increase inflation as the import items will increase in price. This will again encourage the FED to further tighten in order to bring down inflation🤔
This is another risk for the crypto market. We did not pump when the stocks did due to the FTX drama but will likely go down with it once the correction starts to take place👀$BTC $ETH $BNB $USDT $LINK
We just want to let everyone know that we made 4 rules (automated trades) to take advantage of a drop in case we see it during the night. We will start buying if $BTC dips below $16k and fully enter if it drops below $14k✅
Rule #1 will be triggered below $16k and reduce $USDT to 35%
Rule #2 will be triggered below $15,5k and reduce $USDT to 25%
Rule #3 will be triggered below $15k and reduce $USDT to 15%
Rule #4 will be triggered below $14k and completely remove $USDT
The firms exposed to FTX are starting to come out. A few hours, BlockFi announced that they were exposed and paused their withdrawals. If it is not clear, let us tell you that the pain is far from over. This is also the reason why we are waiting for the final capitulation before deploying the rest of our $USDT holdings. FTX will likely take down a few big names with them and the market will feel the pain📉
Hard to make calls at this point as anything can happen but it looks like today could be the final capitulation event🤔 CPI is coming out, a ton of Solana will be unlocked and some miners are rumored to be in trouble paying their bills👀
All in all, a lot of panic in the market. While it may look scary, this is the kind of panic you want to see in the market when you are buying the generational bottom😉$BTC $ETH $BNB $LINK $USDT
Whatever happens today, the bottom is in or very close. Posts like this, coming from the influencers that were calling for a big rally just a couple of days ago are what are giving us the bottom vibes😅 That being said, let’s not get ahead of ourselves and see how things play out over the next few hours before making any decisions👌$BTC $ETH $BNB $USDT
Have a great day!🙌