Well, friends, it's yet another action packed day in the cryptoverse.
Yesterday after our chat, I went to bed, shut my eyes a bit and was barely able to complete one snore before alarms were going off again, this time because Tron's algorithmic stablecoin, USDD had lost its peg. So I got out of bed and was sitting at the computer, bleary eyed and bad tempered like a drunk with a bad hangover, trying to catch up on that news when another report came flashing across my screen that Binance had announced a temporary pause on Bitcoin withdrawals. Man, I was like, what is going on!
Binance pauses BTC withdrawals
For a moment today, just a brief moment, when I heard about Binance's pause on Bitcoin withdrawals, my heart felt like swollen tonsils at the back of my throat. I swear I tasted it. I was about to don a black coat and hat and head out with all the doomsday prophets and cry to the hilltops about the end of times- no disrespect to doomsday prophets, of course, we all have our job to do. Turns out though, it was just a technical discrepancy at Binance though and not a repeat of the furor over at Celsius where there is an actual freeze on all accounts and users can't do squat with their funds but watch them as they rise and fall.
In Binance's case, to quote CEO Changpeng Zhao, all funds are SAFU.

Zhao went on to clarify to followers on Twitter that the pause on withdrawals only affected the Bitcoin network. Users can still withdraw Bitcoin on other networks.
TRON DAO fights to prevent USDD de-pegging
In the case of the USDD de-pegging early this morning, the price fell for a bit to 0.97, but the TRON team led by Justin Sun fought back to ensure that this project did not go the way of LUNA and UST.

They continue to update the community regularly. Of course, TRON's strategy does have its sceptics and so the response has been mixed, but for now, USDD is back trading at $0.99.
Buying the Dip in a Crypto Winter
There's a lot happening these days, my friends, and this winter, there appears to be a snow storm around every corner. Even so, I wanted to share a bit about my strategy this bear season. Might be I'm wrong, but it's what I'm doing. Please bear in mind though, I cannot and do not propose to give investment advice. For the moment, I'm simply sharing about some of the things I'm doing and why I've adopted this approach. Might be you have another strategy and I'd love to hear it as well, all right?
So get this- last bull run when every other Twitter bot was out with a telescope looking for the crypto moon, I got in on projects after everything was pumping. Because of this, I was very often playing catch up, running after helicopters when they were already in the air, and very often only barely making it to hold on to the last rung of the ladder before they completely took off.
Riding the wave like that wasn't very comfortable for me. And while I may have been able to benefit from a few lift offs, I didn't get to experience the *real* thrill of the ride because I was holding on for dear life.
Added to that, when it comes to crypto as a relatively young asset class, I am a firm proponent of only investing what you can afford to lose, and since I don't have a lot of wiggle room in that arena, well, I mean, for the past year or so, while I understood what crypto could do, I didn't get to the space where I felt like I could buy my own ice cream parlor, you know what I mean?
And so, for me, this bear season when everyone's just kind of trying to figure things out, I'm just dodging in and out and copping the few coins I could.
I mean, right now, prices are pretty attractive, and the way I see it, even if in the future prices go back up to previous highs, I'd be fairly well set. Of course, things could completely go the other way, and then Warren Buffet could be like, "ha, I told you so" if he deigned to, I get that. But hey, even if things do go sideways, I've only invested money I'm prepared to lose. And yeah, everyone hates to lose. In fact, my heart is always in a vice grip whenever I lose at anything. And so, I'm saying, I'm trying to be careful, but I haven't given up on the idea of buying the dip today so I can afford the drip tomorrow.
To add to my crypto stock- I'm playing, I'm walking, I'm writing, I'm earning, I'm learning, I'm investing- so that when the next bull market comes around, I'll be sitting astraddle that rocket yelling woo-hoo all the way to the moon.
Come to think of it, friends, maybe that study about crypto proponents those university folk did a while back might be correct. I was vehemently against it at first, but in hind sight, maybe I do have some dark triad traits in me. Maybe I am an overly optimistic narcissist who thinks life's gonna improve. What can I say? I'll take it. C'est la vie!
But tell me, where are you right now with your crypto strategies? Are you sitting on your palms and waiting for a bit of green? Are you eagerly shorting the market and raking all the cash off the table, or are you gathering bits of gold dust hoping to afford a real chain one day? I'd love to know.
Well I'm off again, and hopefully I can bring you another story. Until we meet again, please be alert and remember to be safe. We'll chat soon.