At that time, I wanted a stablecoin.
I want to say, is it a scam if it’s pegged to 1 dollar for 1 USUAL? If it’s less than 1, no one is optimistic, and the assets haven't arrived? Is there an issue with the issuing company? So no purchases?
Currently, after understanding it a bit, its actual meaning is to consider comprehensive assets with government bonds as assets...
(Really came late)
To be honest, I am not very optimistic about government bonds.
Symbolically buy some 100U as a concept of participation.
Since there is a physical entity for assurance, I will believe this for now, so currently, it should have a physical assurance of 0.89; I haven’t done deep investigation here.
Or close down and handle it; since there is a physical entity, how much it falls may only reach a maximum drop of 50%.
The subsequent increase will depend on market certainty.
"" means a coin with limited downside and potential for significant upside.
○ Everyone keeps being pessimistic.
Overall, it has still risen 2 times from the halved 0.3 to 0.7.
It even once reached 0.9, nearly tripling, and overall, in a little over a month, it's considered a strong bull coin.
It can be said that the market atmosphere is not accurate.
For coins with stable assets behind them, when you feel stable, you can put a portion in for stop-loss at around -50% to -70%, believing to hold on might be more practical since the assets are real, if you can trust the company.
ps. Only used for non-leveraged.
Therefore, I expect to observe for a month after the market opens.
Or you all might want to play a swing trade after the market opens, following potential sell-offs, and then buy back quickly.
Speaking of which, this should be called currency, right? Pegged to real assets.
It's not pegged to the dollar, and afterwards... um...
You ask how I see it.
Due to the optimistic discussion in the forum, many people say it looks like it will rise at the opening.
It will plummet at the opening, sell off, and then remain flat for a while before going up.