$QANX coin was hacked/exploited today, I'm not sure of the details. Price of coin has plummeted from 0.012 to 0.0005 and trading is halted on centralized exchanges. If you like degenerate trading you still have an opportunity to trade it on pancakeswap. Too risky for me.
https://www.bloomberg.com/news..../articles/2022-09-19
The S&P 500’s long-term trend has turned “sharply lower recently,” and the index has closed below its 200-day moving average for 110 trading sessions, the longest streak since the bear markets of 2008-2009 and 2000-2002, according to Bespoke Investment Group.
“Prior stretches of weakness since 2010 turned out to be just corrections within longer-term uptrends, and the current decline appears to be turning into something more than that,” Bespoke strategists wrote in a note Friday. “It’s going to be hard to get too excited until the S&P moves back above its 200-day moving average.”
I've been nervously waiting to see what ETH price does. Since I bought it at around this price to put in the farm. Merge incoming asap. Now I'm thinking the price isn't going to change much. With my luck a big crash is going to happen, soon. I need to pull eth/metal out of the farm and sell soon anyway before something bad happens to the price of those assets. I have a hard time deciding when to let go of things. Not just with crypto, but with anything in life. SMH
Everyone enjoy this little bit of green we are seeing. We are set for the weekend at least. Then traditional markets open back up Monday. Some headlines are calling for the S&P 500 to fall another 15-20% by mid-October. The Fed is expected to raise interest rates 75 basis points for the third straight time on September 20-21. We are in a global recession. Don't get your hopes up too high. Things to keep in mind- ETH merge concluding around Sept. 15... I am expecting a sell-off. $METAL conversion event happening some time in October... possibly a sell-off after that. Those farm APRs are sweet but if the assets in them decline sharply, the gains you made will have been for naught. Have a nice weekend. #xpr
