@IgorBelykh 26 August 2022 more from that month

Is it worth buying back stablecoins after the fall? The fall of stablecoins against the dollar has become a tradition. Judging by history, most restore the binding, but not all. Let's see if it makes sense to buy back stables after a fall and sell them,when they return to the dollar. Stables that fell and recovered: - USDT - 10% fall against BUSD in May - USDN - 22% and 18% fall in April-May - USDD - 9% fall after FUD around algostables - FEI - 35% fall at launch - MIM - down 7% in June - HUSD - down 8% amid FUD around Huobi - USDX - down 33% after UST scam Let's imagine that we bought each stable for $100 at the very bottom and sold immediately after recovery same: In total, we earned ~ $140 if we bought each stable at the peak of its decline. Even if you don't catch the bottom but buy back in the range between $0.93-$0.8, you could earn $80-$100 profit, or up to 17%. Stables that fell and did NOT recover: - aUSD - minus 36% - UST - minus 98% Let's say we bought these stables for $100 in the range of $0.93 - $0.8 and sold each at current prices. In total, out of $200, we have $70 left, that is, minus $130, or -65%. Conclusion It is not worth buying back stables in the fall. From each stable that restores the binding, we earn 10-17%. The potential risk/reward ratio is about 7:1, which is extremely unprofitable. We have to be right 7 times to cover just 1 losing trade. Just numbers, statistics do not guarantee repeating the same results in the future! © CryptoGuru