Topic: Will LUNA's downfall scare away investors from the crypto market? (Read 876 times)
LUNA scares away and triggers a sense of fear in every investor I know. That once a crypto crash, there is no point of return and you could lose 99% of its worth in less than a few weak. This led to a massive sellout and forced the site with 'swap, earn, borrow and send' model becomes risky. Many of them have already halted and freeze withdraw cite to the market uncertain.
July 04, 2022, 11:13:54 AM
indeed very many investors suffered losses due to the fall in LUNA prices, but I think the decline will not affect the mentality of investors, of course profits and losses are something that is very common in crypto so they will never be afraid to invest other coins , but they will never trust again in the next LUNA development, in fact they will be more aggressive to return their money by investing other coins that have good potential.
The investor mentality did not collapse, but on the other hand they were also disappointed even though they had to keep investing in other coins in order to recover from the loss of money through Luna that they had experienced. But believe that investors will not immediately believe in new projects anymore and this is a very detrimental thing for new projects now. July 04, 2022, 10:52:50 AM
indeed very many investors suffered losses due to the fall in LUNA prices, but I think the decline will not affect the mentality of investors, of course profits and losses are something that is very common in crypto so they will never be afraid to invest other coins , but they will never trust again in the next LUNA development, in fact they will be more aggressive to return their money by investing other coins that have good potential.
July 04, 2022, 05:29:33 AM
The crash has even caused many big management fund and famous altcoin project gets shaken their holding/reserve that usually includes luna since it's one of the highest ranked altcoins back then.
Its enough to make most so hesitant in investing and kinda shows how cryptocurrency regardless of the rank is weak against such massive crash.
As you could figure out, the luna v2 value is also going down as the time goes, it means no one really trusting luna even with their new luna.
Its enough to make most so hesitant in investing and kinda shows how cryptocurrency regardless of the rank is weak against such massive crash.
As you could figure out, the luna v2 value is also going down as the time goes, it means no one really trusting luna even with their new luna.
The truth is that a second LUNA or LUNA 2.0 is something that no longer works, this is the same thing, investors will no longer have the same confidence in the currency, I think they did it wrong, they should have assumed the loss or the dump so impressive and let it die, I think that here they played with the expectations of the investors, it seems to me that it is even worse, they should have distributed the money that they had left among those who were the hodlers, if they really had a list of the hodlers.
June 27, 2022, 05:04:32 PM
Even the new luna that was created in order to make the veteran holders feels reimbursed was such a massive failure, doesn't mean it gonna makes everyone hesitant in investing in major coins instead, the brand luna already being judged as really bad and I doubt the new luna gonna survives.
Instead most of the people gonna sticks with ETH and bitcoin
Instead most of the people gonna sticks with ETH and bitcoin
I agree the airdrop is to make old holders feel that they are being reimbursed but the result was really a joke. They are giving old holders a token that is made out of some code with unknown value in exchange for their huge money losses.
June 27, 2022, 04:56:01 PM
What is happening with the new version of it is only an attempt to silence public opinion and to make them be patient with those who lost their savings because of Luna, including the trading platforms themselves that must list the new currency in the hope of recovering as much money as possible which They lost by the Luna collapse.
The new version is the other way of the developer to milk the project aside from what you stated. It is obvious from increasing daily emissions to forking the original chain of Luna. The airdrop is just some strategy to shut the complaint up while abandoning the holders of the old chain supporters.
Even the new luna that was created in order to make the veteran holders feels reimbursed was such a massive failure, doesn't mean it gonna makes everyone hesitant in investing in major coins instead, the brand luna already being judged as really bad and I doubt the new luna gonna survives.
Instead most of the people gonna sticks with ETH and bitcoin
Instead most of the people gonna sticks with ETH and bitcoin
I agree the airdrop is to make old holders feel that they are being reimbursed but the result was really a joke. They are giving old holders a token that is made out of some code with unknown value in exchange for their huge money losses.
June 27, 2022, 10:26:27 AM
Yes of course, many investors has been affected by this LUNA case.
Im sure there are many people bought LUNA, because the market cap is already big before.
Many people are afraid that USDT will end like UST, it will lose value far from 1:1 with USD.
Im sure there are many people bought LUNA, because the market cap is already big before.
Many people are afraid that USDT will end like UST, it will lose value far from 1:1 with USD.
June 26, 2022, 05:27:28 PM
I think when the terra project tries to recreate a new coin which is currently called LUNA and the token that was previously LUNC then it will still not be able to give trust to investors and whales again, the founder of terra in my opinion is very lucky because it is still alive and well. do not run into hiding because there are several other projects that have developed well and one day collapsed, causing the founders and developers to leave the project.
I think all the projects developed by Do Kwon are not very interesting anymore and it's better to try other altcoin projects and make this terra an important lesson that cryptocurrency has a very high risk.
I think all the projects developed by Do Kwon are not very interesting anymore and it's better to try other altcoin projects and make this terra an important lesson that cryptocurrency has a very high risk.
What is happening with the new version of it is only an attempt to silence public opinion and to make them be patient with those who lost their savings because of Luna, including the trading platforms themselves that must list the new currency in the hope of recovering as much money as possible which They lost by the Luna collapse.
June 26, 2022, 05:17:36 PM
They scare away investors but worse, they also show people that cryptos can easily be attacked or triggered to collapse. Cryptos are mostly based on trust and belief. If investors lost their trust and belief in one or two projects that deeply integrated with the cryptos ecosystem, this could lead to the downfall of the others and the market as a whole.
The truth is that I don't think it drives them away, because most investors who put money into any altcoin know very well that the price can bleed a lot when BTC falls, it's normal, of course the fact that everything has been dumped is alarming and those are the dangers of investing in altcoins, for me the best investment, the only one that will never disappoint is BTC, for me BTC is the currency that no matter how much it falls we will expect a big price increase, in fact I am waiting for BTC to rise to at least $100k, or even higher, I think the market has to mature a lot of fundamentals, panic and that is only achieved by whales.
June 22, 2022, 10:58:48 PM
The fall of LUNA plunged many investors into a financial hole and it will be extremely difficult to restore confidence, as many lost a lot of money on this fall. Against the backdrop of a sell-off in the cryptocurrency market, other altcoins and stablecoins also suffered. Although such collapses of large tokens in the crypto market are rare, the fall of the UST stablecoin will undermine the credibility of all other stablecoins, even secured ones, and this threatens capital outflow, which we are now seeing.
Many investors are angry with the LUNA/UST collapse, so it's going to take a while before confidence is restored into the crypto market as a whole. There's a lot of negativism right now, leading major cryptocurrencies like Bitcoin and Ethereum downhill. I'd say the Terra project is already doomed, because the team failed to meet with the community's (and investors') demands. Instead, they listed to the validators by making a new chain from scratch. Money was put above the community's interests.
You can already see the new Terra 2.0 coin struggling to reach the "double digits", so it's likely the project will fade into oblivion as people move on to the next big thing in crypto. Who knows if crypto emerges bigger and stronger after the LUNA/UST crash? Just my opinion
I think all the projects developed by Do Kwon are not very interesting anymore and it's better to try other altcoin projects and make this terra an important lesson that cryptocurrency has a very high risk.
June 22, 2022, 09:25:44 PM
The fall of LUNA plunged many investors into a financial hole and it will be extremely difficult to restore confidence, as many lost a lot of money on this fall. Against the backdrop of a sell-off in the cryptocurrency market, other altcoins and stablecoins also suffered. Although such collapses of large tokens in the crypto market are rare, the fall of the UST stablecoin will undermine the credibility of all other stablecoins, even secured ones, and this threatens capital outflow, which we are now seeing.
Many investors are angry with the LUNA/UST collapse, so it's going to take a while before confidence is restored into the crypto market as a whole. There's a lot of negativism right now, leading major cryptocurrencies like Bitcoin and Ethereum downhill. I'd say the Terra project is already doomed, because the team failed to meet with the community's (and investors') demands. Instead, they listed to the validators by making a new chain from scratch. Money was put above the community's interests.
You can already see the new Terra 2.0 coin struggling to reach the "double digits", so it's likely the project will fade into oblivion as people move on to the next big thing in crypto. Who knows if crypto emerges bigger and stronger after the LUNA/UST crash? Just my opinion
June 22, 2022, 08:25:36 PM
It will make people more research. Every time, someone gets scammed, education is done.
Because some coins are high risk and based on unsafe foundations.
But some scams have also destroyed market value, when prices went down. Much money was destroyed and it will take time again until it's going up again.
Because some coins are high risk and based on unsafe foundations.
But some scams have also destroyed market value, when prices went down. Much money was destroyed and it will take time again until it's going up again.
June 22, 2022, 06:10:33 AM
I absolutely think that Luna’s downfall has scared off both retail and institutional investment into the crypto market. I think the collapse was probably due to whales dumping tokens and leaving retail traders like me with their ass hanging in the wind.
Personally my portfolio is still heavily weighted in BTC and a bit of Doge so I think over the long term I’ll be fine. Certainly coins that were tied to Fiat weren’t as negatively affected by the volatility. At bottom, my assumption is that many traders lost confidence and may still be hesitant to get back into the market after what happened.
Personally my portfolio is still heavily weighted in BTC and a bit of Doge so I think over the long term I’ll be fine. Certainly coins that were tied to Fiat weren’t as negatively affected by the volatility. At bottom, my assumption is that many traders lost confidence and may still be hesitant to get back into the market after what happened.
June 20, 2022, 06:57:23 PM
The crash has even caused many big management fund and famous altcoin project gets shaken their holding/reserve that usually includes luna since it's one of the highest ranked altcoins back then.
Its enough to make most so hesitant in investing and kinda shows how cryptocurrency regardless of the rank is weak against such massive crash.
As you could figure out, the luna v2 value is also going down as the time goes, it means no one really trusting luna even with their new luna.
Its enough to make most so hesitant in investing and kinda shows how cryptocurrency regardless of the rank is weak against such massive crash.
As you could figure out, the luna v2 value is also going down as the time goes, it means no one really trusting luna even with their new luna.
June 20, 2022, 06:48:04 PM
Anything related to bad news or catastrophic consequences surely affect the whole industry. After Luna crash investors didn't liquidate the investment position that caused recent market decline. The main problem is trust on newly launched projects and investors don't want to risk on new coins instead of making similar ROI on top cryptocurrencies. Anyways, Luna was expensive lesson for us and we should remember the risks before trading confidently based on previous trading experience.
but people can easily forget. how many crashes and dumped that we've seen in this market? countless times. so for me, the luna scenario will be one of those failed stories but it won't stop for people to invest in this market.
now, they can reduce their losses if they will have better metrics of choosing a valuable project. much better if the platform has working use case already, with many clients on board.
You are right, there is no way I myself also dwell in adversity.
even the investment risk in the real world is the same only the ratio is different.
for now the few luna i left behind let it be a memory that the classic luna once topped the $100 price tag. lol
I think there are also those who have given up on new projects, some are brave only for daily profits.
today not seen what tokens or coins are worth buying.
I don't give up and want to continue trading whatever type of coin (asset) it is.
the market is still too steep and the analysis of course can be done by anyone.
wait for the momentum to buy simultaneously in the market.
June 20, 2022, 06:35:42 PM
Anything related to bad news or catastrophic consequences surely affect the whole industry. After Luna crash investors didn't liquidate the investment position that caused recent market decline. The main problem is trust on newly launched projects and investors don't want to risk on new coins instead of making similar ROI on top cryptocurrencies. Anyways, Luna was expensive lesson for us and we should remember the risks before trading confidently based on previous trading experience.
but people can easily forget. how many crashes and dumped that we've seen in this market? countless times. so for me, the luna scenario will be one of those failed stories but it won't stop for people to invest in this market.
now, they can reduce their losses if they will have better metrics of choosing a valuable project. much better if the platform has working use case already, with many clients on board.
June 20, 2022, 06:08:02 PM
Anything related to bad news or catastrophic consequences surely affect the whole industry. After Luna crash investors didn't liquidate the investment position that caused recent market decline. The main problem is trust on newly launched projects and investors don't want to risk on new coins instead of making similar ROI on top cryptocurrencies. Anyways, Luna was expensive lesson for us and we should remember the risks before trading confidently based on previous trading experience.
but people can easily forget. how many crashes and dumped that we've seen in this market? countless times. so for me, the luna scenario will be one of those failed stories but it won't stop for people to invest in this market.
now, they can reduce their losses if they will have better metrics of choosing a valuable project. much better if the platform has working use case already, with many clients on board.
June 20, 2022, 05:59:09 PM
Anything related to bad news or catastrophic consequences surely affect the whole industry. After Luna crash investors didn't liquidate the investment position that caused recent market decline. The main problem is trust on newly launched projects and investors don't want to risk on new coins instead of making similar ROI on top cryptocurrencies. Anyways, Luna was expensive lesson for us and we should remember the risks before trading confidently based on previous trading experience.
June 20, 2022, 05:52:05 PM
I guess that one of the "LUNA" lessons is that even top ten projects are vulnerable. Always diversify your portfolio and add small cap hidden gems to top coins/tokens. Never invest all your money into one project no matter how "solid" this project may sound
June 20, 2022, 02:57:26 PM
the LUNA incident really happened quickly, in just a few days the LUNA price fell to 0,
of course this traumatized investors and traders to enter the world of crypto currency,
and it really surprised me too, because what I see is the first time
of course this traumatized investors and traders to enter the world of crypto currency,
and it really surprised me too, because what I see is the first time
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