Hello ValiFiers,
We have been closely monitoring UST price and the team decided yesterday that our exit strategy would be .85 -.90 Yesterday the hopes of UST recovering were high as it came back from 0.22 cents all the way up to .75 cents.
Unfortunately, other external factors today affected the price tremendously. At this point we have we have 3 solutions:
Option 1. Cut losses and take 100% out
Option 2. Cash out 50% wait till it goes over 0.45 - 0.5 and cash the other 50%
Option 3. Hold and sell when it reaches 0.7-0.8
This is a very sad moment for crypto and DeFi. Hard manipulation from traditional finance and big institutions are crushing the crypto market. We will hold off any further investments until the market shows bullish signs. This further proves that no investments are safe. The ValiFi Ecosystem driven by products and services is the way to go.