Cryptocurrency Investment Monthly Report #05
This month's market state of the currency circle can be aptly explained with this picture, that is, I have been floating and sinking in the water, but the market has continued to dive for a while, 😱😱😱
Looking back at the changes in assets, last month (202204) only had a small drop (the blue part), but this month, it was a collapse at all! The main reason is that in addition to the continuous decline of main currencies such as ETH and BTC, the more important thing is the Luna/UST The chain with the third-largest market value originally returned to zero in a short period of time, and Terra has bound related assets on various blockchains. COSMOS, which I invested in relatively more, was also seriously injured! From the beginning of the year, the original account assets have been reduced by 73% % 🥶 In addition to the part I added, the total assets have shrunk by 30%.
U.S. stocks and Taiwan stocks have stabilized relatively, at least not much worse than last month. The currency circle continued to drop. ETH and BTC continued to decline in May. The original assets (that is, the assets that started at the beginning of the year) fell deeper due to the continuous decline of the currency price and the slump of UST!
The number of Francium investment projects decreased significantly this month, the main reason is that some of the funds were withdrawn into FTX, but the leveraged positions could continue to survive. The proportion of Steaker and WireX has increased significantly compared with the previous month. It is not because the market has reinvested funds, but because other projects have fallen too deep, so these two relative cash -like have not fallen, so the proportion of these two It got taller, ha.
Likewise, leveraged farms and liquidity mining are badly injured and take time to recover. Fortunately, these didn't use excessive leverage, or no leverage, so, you can still hold on!
Now that the market is so bad, the thing to do is to lie down! Wake up when the market turns around! 😎😎😎😎😎
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