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UST Death Spiral (BTC $30,000)
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https://www.trader.university/courses/38824-the-ultimate-guide-to-bitcoin
Use the discount code YT99 to get the best price.
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In this video, I discuss how the UST stablecoin has de-pegged from the US Dollar, forcing the Luna Foundation Guard to dump its Bitcoin reserves on the market.
This is an important lesson: pegs always break eventually, and stablecoins are stable in name only.
Volatility is natural in the markets. If you try to suppress it or paper it over, it is only a matter of time before the volatility rears its head again and blows things up.
Bitcoin wears its volatility on its sleeve, and is the most transparent and fair market in the world.
Yield hogs and those who like picking up dimes in front of steam rollers always end up badly.
Bitcoin itself is the only real stablecoin.
Not investment advice! Consult a financial advisor.
UST stablecoin turns unstable:
https://www.coindesk.com/tech/2022/05/10/ust-stablecoin-veers-wildly-from-dollar-peg-heres-the-latest/
UST price:
https://coinmarketcap.com/currencies/terrausd/
Terra/LUNA price:
https://coinmarketcap.com/currencies/terra-luna/
Terra Luna Buying Bitcoin Billions:
https://www.youtube.com/watch?v=JSYkzaTzQ0w&ab_channel=TraderUniversity
Do Kwon on de-peg risk:
https://twitter.com/stablekwon/status/1462063962506338318
LFG BTC wallet address:
https://twitter.com/LFG_org/status/1523766683923451904
https://mempool.space/address/bc1q9d4ywgfnd8h43da5tpcxcn6ajv590cg6d3tg6axemvljvt2k76zs50tv4q
Check out my online trading courses:
https://www.trader.university/join
Use this secret coupon code to get a discount: YT99
Check out my Amazon best-seller, "A Beginner's Guide to the Stock Market":
https://www.amazon.com/Beginners-Guide-Stock-Market-Everything-ebook/dp/B07S31TBF5
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.
My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#UST
#LUNA
#Bitcoin
Disclaimer
Neither Trader University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional investment advice. There is a high risk in trading.
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