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What exactly do you think you're looking at when clicking the post link? Their balance sheet?
by Kiro 4y ago
What exactly do you think you're looking at when clicking the post link? Their balance sheet?
- ausudhz 4y agoYes. Welcome to investment, that's how decisions are made: looking at balance sheets and boring numbers (collaterals/assets etc). If a big investor is willing to sell enough of their tether at a lower price to affect the conversion rate (of a 70B currency), means they figured something that you didn't. I don't know who's holding the majority of the tether and/or who's driving this discount but certainly they did the boring thing... Not looking at the *sentiment*