Topic: Will LUNA's downfall scare away investors from the crypto market? - page 3. (Read 899 times)
June 13, 2022, 08:43:44 AM
It can be said that Luna has made a big negative impact on the crypto market. The market was in a downward spiral when Luna crossed over. As a result, the market get down drastically, which make a big impact on the market. There are lots of investors are proletarians economically. New investors are terrified of the situation that occur with luna. This is definitely a big push in the history of crypto currency market.
June 13, 2022, 08:36:53 AM
This is an expensive lesson for everyone, not all top coins will be safe, they can drop at any time like luna did. Secondly, investing in cryptocurrencies is very risky, the luna crash caused a lot of people to die from losing all their assets when investing all of them in Luna. So I hope everyone should invest only with money that can be lost without affecting other people as well as our daily work.
This is just rear, Luna has been the first of this kind, see other altcoins, they plummeted than bitcoin but still holding good value. Altcoins investment are always risky, it is good to use only the amount of money that you can be able to lose and never think about and that will also never affect you because altcoins investment is comparable to gambling. June 13, 2022, 08:17:58 AM
Yeah, he just funded himself through that "recovery" plan that he has proposed to everyone. But look, we can't blame the bear market this time because sure he for sure made money out of this situation and he should pay all of the damages he's done to every investor of his tokens.
But he will never do anything like this,,, if there is anything anyone can take as a lesson from history of altcoin scammers and of Do Kwon himself, it is that he is sticking around to make even more money from all the believers.
I already said before I do not feel sorry for Luna holders but if you guys are reading this,,, please stop the nightmare and stop enriching project devs. Get out and move on.
June 13, 2022, 07:51:51 AM
What has happened to LUNA is one of the worst cases in cryptocurrency history. I really regret that incident. But that doesn't mean it will be a red light for the entire Blockchain system. I think it will be an experience and will make the system on cryptocurrency even better in the future.
It will immediately become an example for all new blockchain developers as well as old blockchains because running an existing blockchain also requires care from the team in order to have good durability of their cryptocurrency products in the market. So that's an example for everyone now, especially for new project development team as well as old projects. 
June 13, 2022, 06:42:19 AM
Yeah, he just funded himself through that "recovery" plan that he has proposed to everyone. But look, we can't blame the bear market this time because sure he for sure made money out of this situation and he should pay all of the damages he's done to every investor of his tokens.
But he will never do anything like this,,, if there is anything anyone can take as a lesson from history of altcoin scammers and of Do Kwon himself, it is that he is sticking around to make even more money from all the believers.
I already said before I do not feel sorry for Luna holders but if you guys are reading this,,, please stop the nightmare and stop enriching project devs. Get out and move on.
I have in the past participated and took profit.
1 person (do kwon) is indeed the influence of teraform and the originator to bring some improvements.
I didn't go down twice. Look at how broken it is now bro. Maybe it's not right when all the coins don't know where they are going.
with the first incident, investors did not give up and continued their empty dreams. But for scalpers it might not be too deep.
If it's a current exit or sell risk, when people are buying 4 times higher than they are now, and maybe a few weeks ago, that would be pretty pathetic.
but when it comes to new entry it is possible to limit movements in the luna market.
the developer is no longer acceptable in my logic. Even though it offers several advantages and prizes for the holder though.
June 13, 2022, 06:38:05 AM
Do you think LUNA's downfall will scare away investors from the crypto market? If not, why? Is there light at the end of the tunnel for the whole crypto/Blockchain industry? Your input will be greatly appreciated. Thanks. 
What has happened to LUNA is one of the worst cases in cryptocurrency history. I really regret that incident. But that doesn't mean it will be a red light for the entire Blockchain system. I think it will be an experience and will make the system on cryptocurrency even better in the future.
June 13, 2022, 06:24:52 AM
Yeah, he just funded himself through that "recovery" plan that he has proposed to everyone. But look, we can't blame the bear market this time because sure he for sure made money out of this situation and he should pay all of the damages he's done to every investor of his tokens.
But he will never do anything like this,,, if there is anything anyone can take as a lesson from history of altcoin scammers and of Do Kwon himself, it is that he is sticking around to make even more money from all the believers.
I already said before I do not feel sorry for Luna holders but if you guys are reading this,,, please stop the nightmare and stop enriching project devs. Get out and move on.
June 13, 2022, 02:05:55 AM
Did anyone of you see that tweet and became a trend on how much Do Kwon has been cashing out all over these past months? It's $2.7 billion of dollars that he has taken into his exchange accounts. But with the news that I've found, he's denying the claim. Well, you're gonna think of it where the money has gone through when it's just falling into pieces and the new version of it has fallen together with the market.
He might be just playing the victim here but in the reality, he is smiling behind those fake tears. People should really ponder upon this incident if they wanted to preserve their crypto assets because, in the blink of an eye, they can lose all of their hard-earned crypto from trading or from their own life savings. Looks like this will be a headline for the rest of the month since the so-called 2.0 LUNA still failed to gain momentum and it is falling.
The new version is still another exit strategy of Luna and I guess they already know that it couldn't save the original version of it. Wherever they took the money, it can't deny the fact that Luna isn't trustworthy anymore but there's a part of what happened that we can't blame because we're really on the bearish market and everything has fallen. The investors got no choice but to move on but they can't expect anything from Luna again after the bearish season.
Yeah, he just funded himself through that "recovery" plan that he has proposed to everyone. But look, we can't blame the bear market this time because sure he for sure made money out of this situation and he should pay all of the damages he's done to every investor of his tokens. June 13, 2022, 12:51:57 AM
The LUNA crash is really putting serious investment senses into people in the Cryptocurrency world nowadays. And it is scaring the new ones away. Many have taken the little profits they are able to gather to invest in gold and stocks until there is a green light for the next bull run. We were already entering the bear market but the LUNA crash accelerated it and dipped its effects on almost all of us.
June 12, 2022, 10:06:31 AM
Did anyone of you see that tweet and became a trend on how much Do Kwon has been cashing out all over these past months? It's $2.7 billion of dollars that he has taken into his exchange accounts. But with the news that I've found, he's denying the claim. Well, you're gonna think of it where the money has gone through when it's just falling into pieces and the new version of it has fallen together with the market.
The new version is still another exit strategy of Luna and I guess they already know that it couldn't save the original version of it. Wherever they took the money, it can't deny the fact that Luna isn't trustworthy anymore but there's a part of what happened that we can't blame because we're really on the bearish market and everything has fallen. The investors got no choice but to move on but they can't expect anything from Luna again after the bearish season. 
June 12, 2022, 10:04:26 AM
I don't know if LUNA's downfall will scare away investors, but it will definitely make investors very careful. Now investors must think twice before investing in altcoin except top altcoin such as ETH, BNB or Bitcoin. However, seeing LUNA's downfall, small investors may be scared or quit new investment.
This is an expensive lesson for everyone, not all top coins will be safe, they can drop at any time like luna did. Secondly, investing in cryptocurrencies is very risky, the luna crash caused a lot of people to die from losing all their assets when investing all of them in Luna. So I hope everyone should invest only with money that can be lost without affecting other people as well as our daily work.
June 12, 2022, 09:51:03 AM
Did anyone of you see that tweet and became a trend on how much Do Kwon has been cashing out all over these past months? It's $2.7 billion of dollars that he has taken into his exchange accounts. But with the news that I've found, he's denying the claim. Well, you're gonna think of it where the money has gone through when it's just falling into pieces and the new version of it has fallen together with the market.
He might be just playing the victim here but in the reality, he is smiling behind those fake tears. People should really ponder upon this incident if they wanted to preserve their crypto assets because, in the blink of an eye, they can lose all of their hard-earned crypto from trading or from their own life savings. Looks like this will be a headline for the rest of the month since the so-called 2.0 LUNA still failed to gain momentum and it is falling.
It does happen in the past already but people seem to not care or maybe they just getting too comfortable seeing how bullish the market was but it has all an end, it's just that some of us didn't expect it.
June 12, 2022, 08:15:39 AM
Did anyone of you see that tweet and became a trend on how much Do Kwon has been cashing out all over these past months? It's $2.7 billion of dollars that he has taken into his exchange accounts. But with the news that I've found, he's denying the claim. Well, you're gonna think of it where the money has gone through when it's just falling into pieces and the new version of it has fallen together with the market.
He might be just playing the victim here but in the reality, he is smiling behind those fake tears. People should really ponder upon this incident if they wanted to preserve their crypto assets because, in the blink of an eye, they can lose all of their hard-earned crypto from trading or from their own life savings. Looks like this will be a headline for the rest of the month since the so-called 2.0 LUNA still failed to gain momentum and it is falling.
June 12, 2022, 08:09:20 AM
Did anyone of you see that tweet and became a trend on how much Do Kwon has been cashing out all over these past months? It's $2.7 billion of dollars that he has taken into his exchange accounts. But with the news that I've found, he's denying the claim. Well, you're gonna think of it where the money has gone through when it's just falling into pieces and the new version of it has fallen together with the market.
June 11, 2022, 11:30:48 PM
This past week has been all about LUNA's downfall in price and how UST lost its peg at a very fast pace. Many investors lost their money as the cryptocurrency went from being worth around $80 to just $0 in a few days. There's a lot of FUD surrounding crypto right now, especially with Terraform Labs' inability to restore the peg. If LUNA doesn't recover, this could lead the whole crypto market towards another direction. As promising as crypto/Blockchain tech is, things like this greatly damages its reputation.
Do you think LUNA's downfall will scare away investors from the crypto market? If not, why? Is there light at the end of the tunnel for the whole crypto/Blockchain industry? Your input will be greatly appreciated. Thanks.
Do you think LUNA's downfall will scare away investors from the crypto market? If not, why? Is there light at the end of the tunnel for the whole crypto/Blockchain industry? Your input will be greatly appreciated. Thanks.
I definitely think that the whole event around Terra (Luna) will scare away some or eve a lot of potential investors from the crypto market, at least for a little while now. I mean just look at what happened in the last two weeks or so. Even the people that were already invested into the crypto market were suddenly scared and began to massively sell of their holdings. Even USDT was at around 0,95$ at some point a few days ago if i remember correctly. So if people that are already in the crypto market become scared then guess what happened to people that were only thinking about to invest into cryptos in the future. Time will heal all wounds though.
It was very unfortunate that some people committed suicide because of huge losses which they could not manage to handle and their depression reach to the level that they finished their life. I deeply feel sorry for them but we should always keep in mind that no investment is risk free and markets are always very cruel so we should always use stop to limit our losses and and I firmly believe that any trading or investing in crypto or stock market without using a stop loss is nothing but gambling so always use risk management tools.
June 11, 2022, 05:22:50 PM
There is definitely a perception out there right now that 95% of the coins out there are just a white paper and "team", plus some bad copy and paste code, with nothing tangible or worthwhile backing them. At least Bitcoin, Ethereum and a few others are actually used in commerce. Similar to the great Altcoin collapse of 2013 when the vast majority lost 98% of their value. Some of these coins honestly have even less going for them than say a Feathercoin or Sexcoin particularly all the truly asinine attempts to use a blockchain where decentralization is not needed and there are vastly better solution to the same problem; i.e. all the "web 3.0" garbage.
You have a point here and it is a fact that majority of the projects in this space are simply pump and dump and are here for the developers to make money when the market is fairly new and that is why we see more tokens and projects popping up on a regular basis and for a while the Luna debacle will scare away investors especially new ones who lost a large sum of money and then there are many who lost every profit they made during the rally this time around and what i found interesting is that there is a serious thought about how trustable these stable currencies are. June 11, 2022, 12:18:29 PM
There is definitely a perception out there right now that 95% of the coins out there are just a white paper and "team", plus some bad copy and paste code, with nothing tangible or worthwhile backing them. At least Bitcoin, Ethereum and a few others are actually used in commerce. Similar to the great Altcoin collapse of 2013 when the vast majority lost 98% of their value. Some of these coins honestly have even less going for them than say a Feathercoin or Sexcoin particularly all the truly asinine attempts to use a blockchain where decentralization is not needed and there are vastly better solution to the same problem; i.e. all the "web 3.0" garbage.
June 11, 2022, 12:07:08 PM
Anyway, the market has full of potential so why focus on the Luna negativity? Instead, we must explore something new and find a way to counter this Luna dilemma, why not invest in a Gold token it's a Stablecoin backed by Gold in 99.99 percent purity it's a long-term project thats why it's safe.
We should not always focus in one stream, coin or investment always have some backup. It’s good to invest in crypto if we know how to trade and sight a good coin. There is risk like investing with Luna and it will be a lesson learned to extra be careful and to monitor properly our investment same with any type of investment may it be gold, real estates or etc. We must know where we are putting our money and the risk it have.handle yourself on various situations.Does LUNA incident will really scare away investors? No.... We've seen lots in the past and some of them didnt still learn from those past mistakes
thats why they do continue to play with fire or into those projects which doesnt even have that actual utility or potential or simply being driven with hype.
I dont know on what they do really love to consider it out.
June 11, 2022, 11:54:31 AM
This past week has been all about LUNA's downfall in price and how UST lost its peg at a very fast pace. Many investors lost their money as the cryptocurrency went from being worth around $80 to just $0 in a few days. There's a lot of FUD surrounding crypto right now, especially with Terraform Labs' inability to restore the peg. If LUNA doesn't recover, this could lead the whole crypto market towards another direction. As promising as crypto/Blockchain tech is, things like this greatly damages its reputation.
Do you think LUNA's downfall will scare away investors from the crypto market? If not, why? Is there light at the end of the tunnel for the whole crypto/Blockchain industry? Your input will be greatly appreciated. Thanks.
Do you think LUNA's downfall will scare away investors from the crypto market? If not, why? Is there light at the end of the tunnel for the whole crypto/Blockchain industry? Your input will be greatly appreciated. Thanks.
Luna crash has already given enough damage to the market which is evident from consistent bearish trend after this unfortunate incident. Honestly speaking it has scared away Investors which is visible when we look at declining coinmarketcap that simply means capital flight from crypto market. Market participant fear further crash in many other projects like Solana and even stable coins are vulnerable because all of them are not fully backed by Fiat dollars.
And while I have not promoted to others the benefits of bitcoin for a long time, this event has made many times more difficult, for those that do to try to attract more people to this market, to convince people to join it, as they will see what happened to Luna and they will think such a thing can happen to bitcoin as well.
June 11, 2022, 11:26:55 AM
oh yes of course investors will be afraid, I also invested in LUNA and lost 99%!, from $ 1000 to $ 1 only,
how? don't you feel afraid if you experience this incident?, especially now that LUNA has a new token, LUNA 2.0,
haha this is a bullshit coin! and I'm really away from him
how? don't you feel afraid if you experience this incident?, especially now that LUNA has a new token, LUNA 2.0,
haha this is a bullshit coin! and I'm really away from him
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