Its rough out there today. For those newer to crypto, welcome to crypto! A massive liquidation even is a right of passage.
For those that are not aware, RH has been listed on a European wanted site. He is wanted for Tax Evasion and Assault. Some words of encouragement:
- Liquidations events have historically been the best time to buy
- We have already gone through this to some degree with the SEC case announcement. Look at how that is going so far.
- Lukewarm tweet by RH did suggest a positive outcome. Fingers crossed.
For those looking to DCA, don't throw the entire clip in immediately. Give it some time to see if you can get better prices. Def throw some in now tho.
If this news has worried you and you are thinking of selling, I would wait for a bounce. There is always at least 1 big bounce for these events.
My plan, I am holding all my coins and deploying some stables and weth I have on pulsechain. Will be looking to increase my PLSX and INC bags. Also some alts I am underexposed to (pdai, ptgc, ufo, etc).