It's been a while since I operated fiat withdrawals. Today, I logged into the exchange's C2C and saw that 1U can only be exchanged for 6.82? I remember the last time I withdrew funds, the rate was still around 7.1. In just a few months, the exchange rate has dropped so significantly, indicating that withdrawal profits have been squeezed considerably. Now I'm torn between locking in the price and exiting early or betting on a rebound later. This wave of market movement has caused many people to struggle—whether to withdraw or continue holding depends on how they weigh the options.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
11 Likes
Reward
11
7
Repost
Share
Comment
0/400
GateUser-9f682d4c
· 1h ago
6.82? What the heck, it just plummeted, I'm losing my mind.
View OriginalReply0
YieldWhisperer
· 12-29 15:56
With the exchange rate plunging so much, do you still dare to bet on a rebound? I think you're gambling with your life. Better to cash out early and secure your gains.
View OriginalReply0
StableGenius
· 12-29 15:50
lmao the fiat pair collapse nobody saw coming... except literally everyone who actually understands capital flows. 6.82 vs 7.1 isn't a correction, it's the market pricing in what i've been saying for months tbh. lock it in or cope, those are your two options.
Reply0
HodlOrRegret
· 12-29 15:49
6.82? Oh my, this drop is really too severe.
View OriginalReply0
LiquidityWizard
· 12-29 15:38
actually 6.82 vs 7.1 is like... a 4% slippage situation? statistically significant enough to matter but not exactly catastrophic given historical volatility. theoretically speaking, if you're optimizing for risk-adjusted returns, the real question isn't when to exit but what's your actual portfolio correlation to fiat strength rn
Reply0
PensionDestroyer
· 12-29 15:37
6.82 this price is really amazing, I should have withdrawn last year if I had known earlier
View OriginalReply0
HallucinationGrower
· 12-29 15:30
6.82? Oh my, it's dropping so sharply. I need to check my withdrawal price too.
It's been a while since I operated fiat withdrawals. Today, I logged into the exchange's C2C and saw that 1U can only be exchanged for 6.82? I remember the last time I withdrew funds, the rate was still around 7.1. In just a few months, the exchange rate has dropped so significantly, indicating that withdrawal profits have been squeezed considerably. Now I'm torn between locking in the price and exiting early or betting on a rebound later. This wave of market movement has caused many people to struggle—whether to withdraw or continue holding depends on how they weigh the options.