People who buy CRV at the bottom are really leeks. Don’t you understand the operating logic of DEFI?
Being driven by emotions and not conducting adequate research and analysis of the market.
First, let us talk about the relationship between DEFI and CRV.
CRV is a token based on Ethereum, a token of Curve Finance (an automated market maker platform), and one of the important basic projects in the DEFI field.
Yesterday, Wu Jihan ordered to buy CRV at the bottom because the price of CRV was hit and the economic system was also hit.
If an investor chooses to hold CRV for a long time, it may be a wrong decision, because the damage to the economic system may be difficult to recover.
The disappearance of any player in the market will not affect its normal operation, but when there is a problem in the market, it will trigger a chain reaction.
The previous Three Arrows and SBF thunderstorms eventually triggered a market siege.
CRV founders face liquidation risks.
From a technical perspective, the trend of CRV is quite pessimistic.
Whether taking into account recent attacks or not, CRV’s price action shows some distress.
Now it has been attacked again and more shortcomings have been exposed, which further increases the possibility of CRV price falling.
The previous example of SBF staking too many FTTs also confirmed the market’s difficulties.
Finally, I don’t recommend buying the bottom, and the market is not going well this year.
Proceed with caution!