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The rabbit starving while guarding the treasury
Additionally, I’ve noticed that the USD1 exchange rate is strengthening. It seems like this stablecoin might still have arbitrage opportunities. I wonder if any friends are into arbitrage?
Lately, I don’t dare to act rashly in anything. There’s a small lobster festival in Shanghai at the end of the month, but I’m not going. I want to save up the only 20,000 yuan of liquid funds I have and go to Hong Kong.
For me, going to Hong Kong is like a long trip. Since I’ll be unfamiliar with the place, it’s better to prepare more money. If I don’t spend it all, I can consider other options when I return.
Currently, I don’t dare to hold onto my USD1 to buy the dip. Trump’s remarks change faster than a baby’s face. I can only hold my position and endure the pain.
If this continues, everything will go up in price, including gold. Some paper currencies in certain regions might become worthless again.