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Portfolio Transactions (May 2022)
By Azrael's Financial Cents  •  June 6, 2022
Things have begun to settle down and I can continue with life. For my side project, I am still waiting for the surrounding works to end, sigh.
  • No transactions for May 2022
That's all for my money for now. I recently got burned pretty badly from the UST/Luna event on May. I thought I would write to share my thoughts. Back then, when I was looking at UST and researching about it, I promptly forgot that I had a rule that I avoided algo stablecoins as most of them fail and sticking only to fiat backed stablecoins. So I stupidly swapped stablecoins of my smaller account to UST. And less than a week after that, UST unpegged and chaos ensured. I was kinda indecisive as I understood that wide swings are common in crypto and seeing the return to 0.8 exchange rate kinda gave me hope that it would repeg....
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By Azrael's Financial Cents
Azrael is the author behind Azrael's Financial Cents, a personal diary of his journey towards Financial Freedom. Hopefully, while sharing his experience, he can help his readers and better himself too.
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