UST Death Spiral (BTC $30,000)

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https://www.trader.university/courses/38824-the-ultimate-guide-to-bitcoin
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In this video, I discuss how the UST stablecoin has de-pegged from the US Dollar, forcing the Luna Foundation Guard to dump its Bitcoin reserves on the market.

This is an important lesson: pegs always break eventually, and stablecoins are stable in name only.

Volatility is natural in the markets. If you try to suppress it or paper it over, it is only a matter of time before the volatility rears its head again and blows things up.

Bitcoin wears its volatility on its sleeve, and is the most transparent and fair market in the world.

Yield hogs and those who like picking up dimes in front of steam rollers always end up badly.

Bitcoin itself is the only real stablecoin.

Not investment advice! Consult a financial advisor.

UST stablecoin turns unstable:
https://www.coindesk.com/tech/2022/05/10/ust-stablecoin-veers-wildly-from-dollar-peg-heres-the-latest/

UST price:
https://coinmarketcap.com/currencies/terrausd/

Terra/LUNA price:
https://coinmarketcap.com/currencies/terra-luna/

Terra Luna Buying Bitcoin Billions:
https://www.youtube.com/watch?v=JSYkzaTzQ0w&ab_channel=TraderUniversity

Do Kwon on de-peg risk:
https://twitter.com/stablekwon/status/1462063962506338318

LFG BTC wallet address:
https://twitter.com/LFG_org/status/1523766683923451904
https://mempool.space/address/bc1q9d4ywgfnd8h43da5tpcxcn6ajv590cg6d3tg6axemvljvt2k76zs50tv4q

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https://www.amazon.com/Beginners-Guide-Stock-Market-Everything-ebook/dp/B07S31TBF5

I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.

My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.

#UST
#LUNA
#Bitcoin

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