@khaleelkazi's thread
$200M in debt taking down a (prior to recent events) $1.5B Market Cap token didn't seem like a likely scenario to me. I believe there's been some manipulation behind the backs of the community based on proposals, nodes, buying and shorting
A lot of people are asking my take. Honestly, I think TC survives and in hindsight, this will be a V shaped recovery
That being said, we could see more pain before then. Seeing $RUNE under $1 wasn't likely yesterday but is very likely today
My recommendation: always DYOR. Be aware of the risks. You are in crypto and with massive asymmetric upside comes downside too
It's vital to understand fundamentals of the projects you're involved in. I understood the risks of RUNE and chose to be a buyer at $2 knowing these risks. I will assess the node situation and consider being a buyer in the $0.50-$0.75 range too
A great reminder to keep your head up and build.
