$10K UST to USDC, and I got $8.96K, so lost about $1K or 10%, as buyers of UST not paying 1:1.
So currently my options seem to be: 1) liquidate remainder of my UST and get 90% of my value in usdc
2) hold in there and hope for repegging, to keep 100% of my value
3) worst case scenario I lose much more than 10% by holding UST if it crashes.
So what do I do? If you had $1M+ in UST. I could lose $100K and sell into USDC, or hold and wait, don't panic. All goes to confidence of re-pegging I guess.
Any thoughts? Suggestions?
I believe you should wait
Hold. UST will regain its peg. Just give it some time
My thinking is that UST will repeg and you should wait a few days before selling at a loss. The worst is over. There are too many powerful interests and parties that want/need UST repegged.
Don’t know about that.. Do Kwon ran out of money to keep the peg and LUNA mcap is lower than that of UST which both seem like a huge disaster
Buy ust on discount, wait be patient and you gain more
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