READY TO FIRE at the HEARTH of DeFi: default risk and how to defend yourself
0#bearmarket #defaultrisk #strategies #defi
Ethereum and Bitcoin are bouncing and recovering from the last dump. Unfortunately this could be not the end, the default risk is still here. In this video we are gonna discuss how we can defend ourselves and what strategies we can use.
Ledger: https://shop.ledger.com?r=c76ed6007beb
Binance false news: https://twitter.com/cz_binance/status/1536416132168568834
Babel Finance: https://cointelegraph.com/news/crypto-lender-babel-finance-halts-withdrawals-due-to-liquidity-pressures
Voyager Digital: https://www.coindesk.com/business/2022/06/17/voyager-digital-secures-loans-from-alameda-to-safeguard-its-assets/
Bancor: https://blog.bancor.network/market-conditions-update-june-19-2022-e5b857b39336
ByBit: https://twitter.com/WuBlockchain/status/1538806018632605696
Coinbase: https://www.cnbc.com/2022/06/14/coinbase-lays-off-18percent-as-execs-prepare-for-recession-crypto-winter.html
Celsius: https://twitter.com/CelsiusNetwork
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The content provided here is intended for informational purposes only. It should not be considered as financial, legal, or tax advice. The views expressed in this text are solely those of the author and should not be interpreted as the opinions of a licensed financial advisor or registered investment advisor. Please be aware that trading cryptocurrencies involves significant risk, and there is a possibility of experiencing losses. The author does not guarantee any specific results or outcomes. Before making any financial decisions, it is recommended to seek advice from qualified professionals.
00:00 A possible default risk for your own cryptos, something you should take in account to defend yourself
00:35 One thing that you should never do during this dangerous market situation
02:04 What’s going on in the market, something we have never seen
02:43 The main risk is something really dangerous
02:50 Celsius, Three Arrows Capital
03:15 Babel Finance
03:24 Voyager Digital
03:37 A bad signal
03:51 The point: what will happen if the price is going even further down
04:23 Bancor
04:59 The statement, anything can happen any moment soon
05:38 The announcement by Bybit
06:03 Coinbase
06:42 The reality nothing is safe. Bear market
07:04 About the news about Binance
08:04 How can we defend ourselves, the safest solution
10:02 The shadow part, the more risky part, suggestions
10:48 What I wanna say through this video, suggestion
12:57 Conclusion