Gold 1971
In August 1971, Nixon severed the direct convertibility of U.S. dollars into gold. With this decision, the international currency market, which had become increasingly reliant on the dollar since the enactment of the Bretton Woods Agreement, lost its formal connection to gold
In August 1971, Nixon severed the direct convertibility of U.S. dollars into gold. With this decision, the international currency market, which had become increasingly reliant on the dollar since the enactment of the Bretton Woods Agreement, lost its formal connection to gold
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I'll put it in plain English for everyone. Tether will crash the market soon! It'll be the best time to top up your XRP. Soon after XRP is likely to moon as the Sec and Ripple have reached an agreement. Good luck.❤️
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Think about this. How famous are Mr Pool and Q going to be when this journey is complete? It'll be the stuff of legends. And unlike legends like King Arthur it's all captured, recorded and verifiable. They'll be worthy academic courses in the subject. Movies, Songs, books, art, games, collectibles.
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Forwarded from SSG14
The problem is once tether crashes, the value diminishes…when the value diminishes it buys less.
Also exchanges tend to “lock up” if it gets too crazy with liquidity.
Also exchanges tend to “lock up” if it gets too crazy with liquidity.
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Forwarded from SSG14
Yea. That happened to me once. When UST and Luna was falling. The market was wild. Everyone was shorting everything. The exchange just locked up. People couldn’t off-ramp any coins etc.
I am afraid it will be similar when tether crashes. Peoples assets will be held hostage.
Some scary shit (excuse my language). But it’s down right terrifying because no one can do anything about it.
I would say a fairly safe opinion is buy as coins are low. Which most are 40-50% less than just 5 weeks ago.
Start sending to any cold wallets you have now.
If you want to risk it (assets maybe or maybe not being locked on an exchange)….then maybe hedge your risk and just do 1/5 of your funds.
So if you saved up $1000 to invest in coins because you believe the info people have shared…..then maybe keep $200 on an exchange to buy when the market truly implodes.
If the exchange you are on happens to lock up….then only $200 is held hostage and not $1000.
This is just an opinion, not financial advise, just my sole opinion.
I don’t want pitch forks my way. Just sharing what happened back in May to me.
First time I witnessed that last month.
I am afraid it will be similar when tether crashes. Peoples assets will be held hostage.
Some scary shit (excuse my language). But it’s down right terrifying because no one can do anything about it.
I would say a fairly safe opinion is buy as coins are low. Which most are 40-50% less than just 5 weeks ago.
Start sending to any cold wallets you have now.
If you want to risk it (assets maybe or maybe not being locked on an exchange)….then maybe hedge your risk and just do 1/5 of your funds.
So if you saved up $1000 to invest in coins because you believe the info people have shared…..then maybe keep $200 on an exchange to buy when the market truly implodes.
If the exchange you are on happens to lock up….then only $200 is held hostage and not $1000.
This is just an opinion, not financial advise, just my sole opinion.
I don’t want pitch forks my way. Just sharing what happened back in May to me.
First time I witnessed that last month.
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Mr Pool & Q decodes by Patriots
Yea. That happened to me once. When UST and Luna was falling. The market was wild. Everyone was shorting everything. The exchange just locked up. People couldn’t off-ramp any coins etc. I am afraid it will be similar when tether crashes. Peoples assets will…
Freezing of accounts including bank accounts has been warned by the riddlers.