cryptoneubie

FDUSD - USDT arbitrage

I bought 4k $FDUSD during launchpool. Now, sold all my fdusd for $USDT , and lose $10.

Got $REZ around $2 worth now. I was late in launchpool and only got 2 days worth of rewards.

This time launchpool would net me negative even if I had all the days in launchpool.

Instead, you could arbitrage. FDUSD TO USDT.

40k, would nett you $100 in profit. Buy now, sell during launchpool.

400k, would nett you $1k in profit.

Not bad i guess.

Fear and Greed lowering down to 67.

What do you think will happen? Will we see a dump soon or will bitcoin stays afloat above 60?

Honestly, I view this as a good thing. Inject new funds, buy the bottom.

Throughout bitcoin’s historical data, every time on and during halving, +- 2 to 3 months will its price sees a massive dip. -50% on the first and -38% on the second. I believe, this time, would be the same. Assuming from there, $BTC will reach to a price of $42,000 before eventually reversing up.

What do you think? Realistically. Seeing how major institutions have already joined, returns might not be as explosive as the years before. Or do you think returns would be even better in the upcoming bull run?