THE PRICE of the Terra (LUNA) cryptocurrency has fallen by more than 99 per cent.

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#8
Rainbow 
agree with the 2 fallacies. 

Just wanted to take note that the recent luna ambushed is nothing but motivated by $$$ - a successful raid that wipe out the crypto dream.

From 2 million to 30k... read the story
https://kpo-and-czm.blogspot.com/2022/05...-luna.html

Thou they did not pump in 2m, but it's still a big amount of $$$ that they loss.  

I'm sad that both had decided to take a break from blogging but I'm glad that they still have a few K passive income. 

As part of learning, this is what they says (cut and paste for lazy reader):
Code:
1. Always take profits. I hardly thought of taking profits because I had so much conviction that UST will eventually become the top stablecoin. Why should I take profit now when LUNA is going to be a few hundred dollars by end of the year? After all, those that made huge profits are those that held on for many years right (e.g. Google, Apple, Amazon, BTC, ETH, etc.)? I am just glad that we managed to walk away with some profits at the end of the day.
2. Diversify
3. Do not overleverage
4. Do not borrow fiat to invest in crypto
5. Algorithmic stablecoin just isn't going to work

Gratitude.
Heart

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RE: THE PRICE of the Terra (LUNA) cryptocurrency has fallen by more than 99 per cent. - by ¯|_(ツ)_/¯ - 23-05-2022, 08:27 AM

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