Luna Crash and the lesson we should learn
Hi everyone, hopefully you are fine and having fun with your family and friends.
Luna crashed from $100 to $0.0033 which has impacted the whole crypto market. Ust lost peg Which scared investors as a result there is fear.
Luna holders are in depression. Read in news that 8 luna holders suicided after luna crash. This is very sad.
Suicide is not an option in this situation because money can be earned again while you won't get that life again.
First of all keep in mind one thing that invest what you can afford to lose. Second thing is never put your eggs in one basket Which means do not invest in one project. Spread your money in different projects if you want to invest.
The current bear market is not looking good, we are together in this. Let's be humble and have patience. We will come out of the bear Market soon.
Personally i invested 50% what I have, 50% always stays in cash. This is the Best way to handle such situations. If you will invest 100% of the money you have, it would not end up well if the project crashed just like luna. Learn your lesson from this incident.
Thank you for visiting my content.
If you see my work as good, please give it a reblog or an upvote would be highly appreciated.
About Author
@coolguy222 is a full time crypto trader and content creator on hive blockchain. He loves to make new friends.
Posted Using LeoFinance Beta
https://twitter.com/coolguy2224/status/1524824184819437572
The rewards earned on this comment will go directly to the person sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.
It sucks for people that had invested too much into it, but it is never smart to put all your eggs in one basket, even on Hive. I am invested in crypto, real estate, bonds, stock, and cash… that’s just the smartest way. spread your money wisely!
Suicide should never be an option, anything can still happen with the market at one point.
I am just reading about the suicide victims and I can't help but feel so much pain in my heart.
These are hard times tbh, but it will surely pass
Posted Using LeoFinance Beta
This post has been manually curated by @bhattg from Indiaunited community. Join us on our Discord Server.
Do you know that you can earn a passive income by delegating your Leo power to @india-leo account? We share 100 % of the curation rewards with the delegators.
Please contribute to the community by upvoting this comment and posts made by @indiaunited.
Your content has been voted as a part of Encouragement program. Keep up the good work!
Use Ecency daily to boost your growth on platform!
Support Ecency
Vote for new Proposal
Delegate HP and earn more