space madness, laugh not to cry
I would like to give a brief opinion of what is happening in the cryptocurrency market, we must start by saying that thanos slammed his fingers and we have fallen into a low market vortex and rock bottom prices, this is not something new at other times we have been able to be happy or we have also cried with previous falls in prices and it is the same as ending with your partner you always think that in the future the next one will be better but it is somewhat volatile and it is not known if the next one is like amber heard, but no Hope must be lost, one cycle closes and another opens, but returning to the topic that interests us, let's talk about what is happening with Terra Luna, I call it lunar madness, with these prices that are to cry, we must try to have a good humor and see the positive side of things, the goals of stable cryptocurrencies is to mainly establish price stability and the value corresponding to the dollar and at the same time have the technology to work over time and we must To say that there has been a certain level of success, but over time several stablecoins have been generated and each one with its characteristics and advantages and disadvantages, but without a doubt, as I mentioned in another previous post, USDT has shown great strength, it could be said that it is the iron man of the stablecoin, although it is a centralized cryptocurrency and depends on a company and we already know that nobody can be trusted nowadays everyone lies to us even elon musk with the games to lower the price of the company of the little blue bird , now terra luna is a project that works through algorithms and began to walk with strength and economic growth and launched its own stable currency but had a detail had to burn the moon token to have this stable currency which causes a decrease in token increasing its value that is good but everything in life is cause and effect and they should have a support to strengthen this stable currency and the owners of this project thought it was good i dea at this moment buy bitcoin to establish a guarantee fund and what happened thanos arrived and snapped his fingers again and the price of bitcoin is going down to surprisingly low figures, so they sold these bitcoin reserves and lost a lot of money what impact on its stable currency collapsing the price of the ust or stable currency of terra and by not being able to have the price of 1 to 1 with the dollar, an avalanche effect is created and the fall becomes greater and greater, with great loss of money for many people and although they continued to burn the moon to try to bring equality from 1 to 1 with the dollar, they managed to make terra lose its value from about 50 dollars to 1 dollar this is like when the hulk grabbed loki and hit him on the floor repeatedly.
image by pixabay
It is important when making an investment to know how they are supporting the project, what is their way of guaranteeing in some way that the value is not going to plummet drastically and of course the other thing to take into account is to know that everything everything related to cryptocurrencies will have its level of risk, the investigations that must be done is to minimize the risks as much as possible, so you do not have to mortgage the house, buy a new token because you can be left without the house and without your wife or your husband and losing everything, but they are still risks where sometimes you win and other times you lose a lot and it is a clear metaphor of life and how one day the roller coaster goes up and the next day it is down, you have to study a lot for try to stay up as long as possible.
image by pixabay
the topic of terra is something that is circulating very strongly and although I make some comments that many already know, in my goal of learning every day about the topic of cryptocurrencies and about better and new ways of writing I tried to do a reading using a little sense of humor, I hope we can take advantage of the low times to save and have the virtue of patience to be able to reap in abundance and remembering that every experience is a learning experience.
image by pixabay
The same when we see that there are large losses of money, it is actually a change of hands, the money is not lost, it simply moves from one person to another and in some way the cycle starts again, so instead of saying the phrase you have to have Faith in reality, what you have to have is caution and research before buying and selling, money is moving and they are part of the world economy, that is, many things have their good side and their disadvantages, first, being globalized, cryptocurrencies have great strength and a large number of investors but on the other hand everything that happens in the world is going to have its effect and can be positive or negative, if you remember the scene of the recharged matrix restaurant everything is cause and effect some lose and at the same time others win, I hope you have a wonderful weekend and have many reasons to laugh in your life.
