Todays current situation for Luna all my works just stop and cant belive whats going on with this scenario!! Lost too much in my life savings!! Now thinking about invest on btc at least there is no chance like 98% dump at least stable coin looking to more risky!!
That is why many so-called crypto youtubers are always saying in their video, "Always invest what you can afford to lose".
I've seen so many stories on reddit and in Facebook groups saying that they invested their life savings into Terra and now they are the ones who are suffering the most.
I mean there is nothing wrong investing your life savings if it is a safer coin like Bitcoin but.... it is what is and it's your decision to invest it into a very risky and very volatile asset like crypto. If you really want to start then just focus more on Bitcoin. The market is down right now and now is the right time for an investor to accumulate and wait until the bull market comes.
Everyone doesn't know LUNA holder's investment will be zero, I suggest always don't invest your investment in one altcoin always invest in different altcoins, you can invest in BTC because all market depends on BTC and BTC never can be zero and we can believe that about other altcoins so invest in BTC is a good idea.
LUNA investors will just deny it and will support the project but deep inside, they aren't sure what they are saying, and they are just blinded by the fact that there is still a chance for them to regain at least some of their investments into the project when in fact they will not at all.