Topic: Will LUNA's downfall scare away investors from the crypto market? - page 7. (Read 876 times)
yes
this has indeed damaged the reputation of cryptocurrency market but luckily at the same time stocks market are also experiencing the same thing that is basically losing majority of its value
you’ve seen thousand billions of dollars also fleeing from stock market I guess its just like a crisis around the globe.
if the current cryptocurrency market could somehow recover back, atleast bouncing back to 80% of its former price it could still be saved, otherwise it will have quite difficult time having investment flow.
you’ve seen thousand billions of dollars also fleeing from stock market I guess its just like a crisis around the globe.
if the current cryptocurrency market could somehow recover back, atleast bouncing back to 80% of its former price it could still be saved, otherwise it will have quite difficult time having investment flow.
The crash price of LUNA and UST really warn us about the risks of cryptocurrency. But it doesn't mean that crypto-only has risk, actually, it's balanced, crypto has worthy things for profits but also has risks that we must face. And the crashed price like LUNA is one of the risks that we must face.
1. For professional or old investors
No, this will not scare them, but this will warn them to be more carefully, wisely, and smartly in managing the crypto-investment
2. For people who lost much in LUNA
They are the ones that are very suffering, so some of them may be likely traumatic with crypto.
3. For common people
They will think that crypto is exactly scam, as usual
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. 
Btw, in my opinion, there are some conditions:1. For professional or old investors
No, this will not scare them, but this will warn them to be more carefully, wisely, and smartly in managing the crypto-investment
2. For people who lost much in LUNA
They are the ones that are very suffering, so some of them may be likely traumatic with crypto.
3. For common people
They will think that crypto is exactly scam, as usual
People lose money and these people will start to tell what happened to them to the public and the new people will be feeling scared to buy this coin. The domino effect is applicable in this case once someone lose money and others will be feeling bad with it. So many people are also blaming the market but the fact if that's luna team's fault and so they are creating wrong accusations to market as they didn't know who was the main problem in this case. Im sure that anyone know so well about this too
Do you think LUNA's downfall will scare away investors from the crypto market? If not, why?
The Luna Market crash will definitely leave a negative impact on crypto market. Those who catch the news will definitely got discouraged.
Is there light at the end of the tunnel for the whole crypto/Blockchain industry?
Don't make the downfall of Luna looks the end of the crypto industry. Luna is just one of the many projects in the cryptosphere. A downfall of one project does not mean that the cryto industry is doom beside Luna does not represent the Crypto Industry. There are lots of project that are performing well, delivering the promised roadmap. You can take Bitcoin as an example. Even though Bitcoin is at the current Bear market, many countries are planning to adopt it.
With how Luna turned out, an investor would be paranoid which of the tokens in his portfolio be the next that will pop because if it does have a stablecoin in its platform, its could very well likely be attacked.
But its not the only reason why they are scared, its because were in the bear market. The fud and fear come along with tragic Terra Luna's demise.
I think luna showed that we cant believe in crypto projects even from TOP! also I am shocked that stable could fall)) it could be manipulated!
I don't think so, it was an isolated case without any effects on other top cryptocurrencies. As long as investors stay away from shitcoins and altcoins which features similar ecosystems of TERRA (LUNA) they will be fine. The LUNA crash was a learnship for many altcoins' enthusiasts to be more careful in the future regards the conceptions and innovations this market offers. Stablecoins look simple, but that is a sensible matter demanding valuation reserve in non-volatile assets or currencies, such as gold or dollar, instead of cryptocurrencies, like TERRA's CEO tried to do.
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 might scare LUNA investors away from investing heavily in crypto again. It’s best to just invest in the main coins though, there’s always a chance centralised shitcoins can end up this way. Buy bitcoin as often as you can & hodl, that’s the best advice you’ll get. Everything else is a lottery.
Many investors experienced losses that varied up to millions of dollars from Luna and UST, I think it is impossible for someone not to be frustrated from the most bitter events of all time, because it never happens that stable coins can fall to the lowest coins, so maybe some have given up on conditions which is unacceptable and expect the Luna project to rise to new developments. It might scare LUNA investors away from investing heavily in crypto again. It’s best to just invest in the main coins though, there’s always a chance centralised shitcoins can end up this way. Buy bitcoin as often as you can & hodl, that’s the best advice you’ll get. Everything else is a lottery.
To end up like that there is always a possibility for centralized coins, I agree with your opinion and the examples are there too. Investors may hold off for a while in the short term to start again in any coin because of the fall of Luna, not a few people lost, but that's not in the long term, I'll also answering OP question, I think Investors not scare, and will start again to profit from the losses incurred because of Luna, they will Invest do this either on the main coin or in another new trend later. 
It might scare LUNA investors away from investing heavily in crypto again. It’s best to just invest in the main coins though, there’s always a chance centralised shitcoins can end up this way. Buy bitcoin as often as you can & hodl, that’s the best advice you’ll get. Everything else is a lottery.
Nope for the crypto-market, but this will make people scared to trusted with "stable-coin/token" name.
What, people things even some people who don't understand the project itself. They think, stable coin/token value is always same and never gonna down. Witht he recent case of $LUNA & UST make people worried for stable-coin.
USDT is also one of the scary stable token, why? because some people speculation the pegged money is only around 60-70%.
What, people things even some people who don't understand the project itself. They think, stable coin/token value is always same and never gonna down. Witht he recent case of $LUNA & UST make people worried for stable-coin.
USDT is also one of the scary stable token, why? because some people speculation the pegged money is only around 60-70%.
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 if ask me that question I will say yes, Even if it is small, it has created fear. If I told my word, I will not be investing in any new cryptocurrency other than or Bitcoin, Ethereum, BNB. Even then, I think the other alt-coins have learned from the mistakes have made by Luna and their stable coin UST .
in this case there may be a bit of horror because indeed it is like a nightmare. a lot of people did lose their money and there were some news reports that there were people who got depressed and even decided to commit suicide.
but on the other hand isn't this still ongoing and indeed we are also required to think rationally because life goes on.
regardless of anything, this is indeed a disaster but on the other hand of course we still hope that something like this does not happen again in the future even though it is still possible for something like this to happen
but on the other hand isn't this still ongoing and indeed we are also required to think rationally because life goes on.
regardless of anything, this is indeed a disaster but on the other hand of course we still hope that something like this does not happen again in the future even though it is still possible for something like this to happen
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 will have an impact, as the news of the crash of Luna was also in some popular newspapers. However, when we get to a new bullmarket again, a lot of people will have forgotten about Luna and will be tempted to become an investor as they think it will be easy and quick money.
This isn't the first time a trending cryptocurrency goes all the way to zero but with this UST it happened in matter of hours which scared but will make the investors to be more aware of their next cryptocurrency investment over staying away from it completely. However people who went bankrupt probably never get back into while most people learn something from this and become better investors in the future.
The market is largely unregulated, which means VC, whales, exchanges and institutions can manipulate it how they see fit. Don't get shaken out. Invest in blue chip cryptos, like IOTA, ICP, and 0xMR and hodl until the next bullrun. I think ICP should see the next big pump.
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.
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.
Some individuals are still stubborn with the recent developments. I think Luna's issue has had a great impact on the participants' perception of investing in financial markets, not just the crypto market. I am very bullish on this market, but my priority is always safety and not the search for instant profits. Everyone will probably be happy or sad with the strategy they follow. Currently, the problem of not having a clear direction from the beginning always comes with risks, and subsequent excuses are only superfluous when all failures do not help those who see the problem of money as unduly important in society. I personally think there will be a significant rebound or growth in the near future, but I won't see this anytime soon and patience has been a factor that has kept me out of the crowd these past few days. Jump to: