@nerrd.eth

Looks like turbulence has started in crypto again. Times like this are stressful, even when you’re sitting on a stablecoin bag. There’s a chance it’ll get even more stressful. We’ve seen this before, remember when USDC depegged for a few days? What advice would I give myself? Stay away from algo stables. Stay away from high-yield vaults with exposure to algo or questionable stables. In my view, the risk isn’t worth it right now. Stick only to fiat-backed stables, the most reliable protocols, and conservative strategies. The goal isn’t to multiply, it’s to protect your capital. IMO. DYOR. NFA!

2 replies

1 recast

8 reactions