I can see LUNA everywhere and the actual reason for the fail is the team who continue to print the token out of nowhere, the decentralized stable coins supposed to maintain the value st $1 all the time and the only reason the value can drop to zero is the asset which are pegged with, so I think the investors have to wakeup and choose the right coin not the random one.
As far as I know the team didn't print any more luna tokens, that was done by the original algorithm (ust-luna mechanism). Ust is always maintained at a stable price of 1 $ to do this, the Luna must always be burned and vice versa when Ust decreases in price, this mechanism will automatically print more Luna to make up for Ust price. UST is what causes Luna to drop thousands of times from its peak, Luna will continue to burn when the UST price stabilizes again. The Luna tokens we are trading are those that were transferred to the exchange last year and are held by holders, all tokens minted later are in the token mine. |
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You've made a good question. The common mistake in the crypto space is falling down in greediness. There are many new investors who get good return after entering the crypto space but they can not control their emotion and hold it for getting more and finally get loss. So my advice is if you have made a good profit from any trade then you can sell it as early as possible and withdraw your investment money.
This is a common mistake with newbies they cannot control their greed leading to losses, we should not be too greedy and set goals that are too far away to be achieved. Crypto is volatile, so if you have made a substantial profit or have reached your goal then it is best to cash out. We can reinvest or continue to invest in other projects later but don't be too hasty, do your research before investing. |
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We've just had a bad day in the markets, honestly I don't dare open my portfolio to see them I had to ignore them these days. Although I know bear season has come and will surely pass, these past few days I have also been a bit worried. Although I dared not look at my portfolio and when bitcoin dropped to 30k I bought myself some more bitcoin and bnb. Luna shocked the whole market and I dared not buy any altcoin, other than my choice of ETH and BNB, I ended up choosing BNB.
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What if it was created by persons like Mark Zuckerberg, Bill Gates, Jeff Bezos, etc. These are the people who don't respect their customers' privacy.
Bitcoin is decentralized and designed with the top priority of providing user privacy, so you don't need to worry too much because these people will definitely not be the creators of bitcoin. Satoshi has chosen to remain anonymous for over 10 years now and I see no reason for him to reappear. Whoever he/she is, he will definitely never come back, Satoshi's return I don't know how it will affect bitcoin but if he goes out in public, the first thing is that he will be in danger. So whoever he is they will continue to hide their identity. |
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Airdrops are getting harder to get nowadays as there are many scammer who just ask you to join the social media platforms with the promise of rewarding people, but they never do, and use those platforms to their benefit.
That is why using credible sources may help to find legit airdrops. Generally, it is waste of time and doing surveys been better alternative instead of filling scam airdrop forms. If you have social media accounts, joining bounty campaigns may pay you same rewards. Nowadays, participating in bounty campaigns using social campaigns is no different airdrops. The bounty campaign has ceased to give the hunters decent rewards, mostly junk, scams. Many campaigns did not pay participants after months of work. This sucks when you try to help them introduce their project tokens to new investors and then they don't have any payment to you. |
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Unfortunately we have seen one of the biggest scam/failure of the project LUNA /UST where people have lost million/billions of dollars invested in them. We can't foresee such incidents but one thing is that if we follow the best practices of portfolio management, we could have minimize the loss.
No crypto assets in our portfolio should be that big, that in case of a mishap, our whole portfolio get a big hit. Also this means not to put all eggs in one basket in our crypto portfolio.
This is perhaps the biggest breakdown of crypto, we must not forget this valuable lesson. After all that happened, I hope everyone has come to their senses and should realize that there is no coin that can be more efficient and secure than bitcoin. It is not necessary that we must and should only invest in bitcoin, we can still invest in altcoins but let's allocate capital properly and never invest all in altcoins because they are very risky. They can be profitable for us in the short term, but can also push us into the abyss in the same way that Luna did. My advice is to only invest in alt with no more than 20% of your capital. If you focus heavily on bitcoin, you will avoid the most pitfalls. |
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Even they didn't follow those basic rules you mentioned above, committing suicide is the most worst action that everyone must avoid it. Life is full of trial and error, if you never wanted an error in your entire life, there's no one never doing anything wrong and they're learn from that to become better. Though they invest all of their money in LUNA, at least they can still survive even they need become a beggar. It was a tough lesson and you will become stronger after making tough decision.
It's sad that suicides are related to cryptocurrencies, instead of choosing death to free, consider it as an expensive lesson that we must pay the price. If you lose money for investing in Luna then it's just money and part of life, money is not everything and there will always be a way back as long as we don't stop. As long as we are alive, there will always be opportunities to make money. Hopefully after the Terra incident, investors will learn from the experience and should apply the basic principles when investing to avoid the worst. |
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I think this season's Europa League final is beyond our expectations, the two teams that meet in the final are not the favorites who are predicted to reach the final since the Europa League started this season, I think no one predicts that Frankfurt and even Rangers will be able to play in the final because indeed they are not better than other teams that have played in the European league so far, it is difficult to predict which team will win later because both teams have a fairly balanced squad and strength, besides that it looks like the final match will be a meeting match their first time so it is difficult to use head to head as a reference.
This is what is interesting about the game of football. we can make predictions but on the field, things can be different from what we believe. Frankfurt and Rangers are not the favorite teams, many underestimate them during the elimination. it becomes their main weapon because the opponent will be weak because they underestimate it. and both proved by making it to the top fight. it's hard to see the winner. but I'll bet on Rangers. I don't know why I thought of winning. To be honest, Frankfurt looks like a more compact team and the teamwork also looks to be good compared to Rangers. But if we think about the stats I think the Rangers will be ahead. It is a really hard want to predict but I have to say I think Frankfurt is the better team going into the final because they have faced really big names on their way to the final. and I don't see Rangers facing those types of teams on the way to the final of the Europa league. |
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I think what people are not realizing is that the country itself is a hot area and the weather in the daytime is Israeli hot there. And it is very much possible that the people who went to work there from another country are not able to cope with the weather there and that can cause some serious injury and also death in many cases. I am not saying that there was nothing to be done for the workers but what I am trying to say is there cannot just arrange air conditioning for the workers working under the sun. But they could certainly have arranged at least a hut if you know what I mean. But the irony is that nobody voiced for such deaths that resulted just because of abusive use of labor. This abusive use of labor is not only limited to Qatar, almost all gulf states have such attitude towards poor immigrants from south Asia. Few months later everyone will be busy enjoying and betting on FIFA worldcup matches, no one will remember such deaths.
There will be plenty of people like you and me who will remember. In fact it is such a big deal that Fifa actually fired Sepp Blatter who if I am not wrong ended up being the reason why we are having a Qatar World Cup this year because he took bribes. It was such a big news that we had interim president for a while and now have a new one. The new one will have to give it to nations with democracy and no slave labor just to make sure that they are going to the right direction and current president doesn't get impeached as well. So, we are going to see new decisions made for better nations and that will be better for everyone who watches it as well. |
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The match was not great from manchester city's point of view because they should have won the match. And I have to say really bad defending from Manchester City. Without their own goal, they could have lost the match. And when they had a really good chance of winning the match from a penalty shoot they also missed that chance. And now they have only made things really worse for them because I think Liverpool is surely going to try to take advantage of this. I could have already imagined how furious Pep on the locker during the half time break after losing 2-0 on the first half
I have seen Pep angry face since the first half ended but he deserves to be recognized as a great coach for designing an extraordinary strategy to equalize the score, but after the game ended, Pep's expression changed to joy because his strategy worked by ending the match even though the score was draw. He knows the importance of every point at this point. A point is just enough to put enough advantage and pressure on Liverpool. Liverpool are yet to play against Southampton and at best they can close the gap to 1 point but still it's gonna be down to the last final stage of PL to decide the winner of PL. No wonder Pep getting dramatic throughout the match, I am sure Klopp would have been in same position if Liverpool were in to same position. |
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Real Madrid is not going to play with their full strength in this match because they will save their strength and hope that no player gets injured especially at this time of the season. And obviously, there is the match of the Champions League final still to be played by Real Madrid. But it is a whole different situation for Cadiz because there will surely try to not lose this match and somehow stay in the La Liga and not get relegated. Cadiz vs Madrid.
It's not a decider for madrid, but if Cadiz loses they will even more drop points and will be relegated. A very decisive match for Cadiz. I think they will fight hard to stay in La Liga. Another chance is anceloti will not play Benzema, Vinicius and Courtois. Of course they will be a little weaker because Benzema and Vinicius daat this is the actor of the goal created by Madrid. It looks like Anceloti wants them fit for May 29 against Liverpool at UCL.
The Champions League trophy is more important to Anceloti, than their game today against Cadiz. Therefore, the game should be a golden opportunity for Cadiz to win, in order to boost their points and move more far from the relegation zone. Although, despite Madrid not playing the match with their first eleven players. I don't think Cadiz will easily get a winning. They basically will have to play more defensively, to avoid losing. |
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I believe with the money that they are spending they have to bring better results from the next season otherwise there will be a lot more people questioning what they are doing with all this money. They have to produce better results and another thing is they are in the Champions League right now and I hope that they will be able to bring good results in the Champions League. They did not do well enough in the European league this time and with this much money being spent almost every year fans are going to expect better things from them. Leipzig is spending so much money on the team though. The weird thing is, normally when a team is that much economically gifted, they end up being much better and get a lot better results. They spend above 60 million euro every single year, and I mean like 100 million this year alone for example.
This is why I believe that we are talking about a team that is under performing a lot compared to how much money they are spending. If a team is spending that much money, they should be in top three every single year and wouldn't really be a shocking result if they did that, like not an "achievement". So even though they may keep the fourth, they would still be upset, or at least should be.
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I don't think Indian women's cricket players not taking part in any competition is going to be too big of a problem, because mostly the revenue that is generated by India is certainly from men's cricket and India is not too worried about women's cricket right now. So, even though BCCI feels like their women's team is something Elite and premium, they are sadly mistaken, and at least them not allowing the women's team to participate in any tournament is not going to make too much of a problem. IPL has become so boring... so I was watching the second semifinal between Barmy Army Women and Tornadoes Women. Diana Baig picked up two quick wickets, but now Heather Knight and Shemaine Campbelle are trying to build a partnership. Too bad that this tournament is coming to an end. The final match will be played tomorrow. Players from all the major cricket nations (including at least two dozen associate nations) are taking part in this tournament. As usual BCCI banned the Indian players from taking part. But still, the tournament proved to be very successful and attracted a lot of TV viewership around the globe.
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Simple, i usually use the profit to re-invest it in other crypto.
If you look at the crypto market now, the downtrend of coins has started, bitcoin price now around $34k.
This is a good opportunity to buy and accumulate some top coins in the market, and hold them until we get a decent profit.
I do it a little differently to you. I take half of the profits for me to use in other needs. like a vacation or some wish that I have to fulfill. I have to do this concept, if all my capital and profits are kept in crypto, this is too insecure in my opinion. because if one day the market falls, we cannot enjoy the fruits of our labor. As it is now, the market has fallen by various factors, one of which is inflation. It is not safe to use all profits to reinvest. We invest to make a profit, but we should remember that investing does not always bring us returns, there will be times when it makes us lose. Every time I make a profit, I will reward myself with something, a part I will use for life and the rest I will reinvest or I will convert into savings. For me, I've always had a savings account because I know investing is risky sometimes and that savings helps me fill in the gaps when my investments hit a bump. |
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Bitcoin is highly volatile but if you consider it a long-term holding, it can be considered a safe haven. In the last few days we are going through serious bearish days and people are starting to worry about the value of bitcoin. But this is only a short-term perspective, if you look at the overall picture from 2009 to now, bitcoin increased from 1 $ to 69k $ then bitcoin deserves to be a safe haven.
Besides bitcoin being a decentralized asset, it will be a safe solution for you to hold assets without government or third party intervention. You have full control and use them without notice to anyone.
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Bitcoin has dropped to $27k and has even touched $24k on Binance, of course this is a pain,
but the OP has provided very helpful information, and I thank you, we can see $20k will be Bitcoin's strongest support and we everyone hopes that,
but indeed if you want to take the risk, don't forget to put the stop loss and stay calm
The decreased of bitcoin has caused a lot of panic to those sellers who are planning to sell their bitcoin in this month of May to improve their businesses and other things in the community. I think, it will be difficult for bitcoin price to hit $100,000 this year 2022, because the price has dropped to $27,000 that made many people to hold their coins not to experience losses from the market. I believe the price of bitcoin will not decrease more than $27,000 because the price is preparing to move back to $45,000 before the end of this month to allow people to recover from their losses they experienced from the market early this year. Currently, bitcoin is trading at $28.8k we have 15 days to the end of May and the distance from 28 to 27 is only 1 or 2 units apart. I think bitcoin will most likely happen again even under $25k before it can bounce back. We definitely can't see $100k ATH this year. The market will continue to turn for the worse this year with upcoming Fed rate hikes, this year is a bear year only suitable for holding and accumulating rather than waiting for a bull season. |
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In a few hours the match between Tottenham and Arsenal will start, this match will be very decisive for Tottenham and Arsenal because both teams are now in competition for a top 4 position, the negative result that tottenham got against liverpool last week made Tottenham now 4 points behind and that's why today Tottenham must win, while against Tottenham it will be an important step for Arsenal to lock in the top 4 position, because if Arsenal win today it will certainly bring their points to 69 and automatically Tottenham will no longer be able to catch up with the difference in points with 2 games remaining, that the factor, I think make the normally hot and fierce derby will get hotter and hotter today  . The fourth position in the standings is the target of these two teams, what is more interesting here is that they will also meet, which will make the match hot. Both must appear determined to get this match. But I think maybe a draw can be an option for Arsenal to keep their position if they don't get a win. As an Arsenal fan I am fully in support of my club to win today's derby match, Arsenal had not participated in UCL since 2016-2017, a return to the Europe elite league is a welcome development, I hope their winning streaks continues, I am expecting a very tough, competitive and high pressing match between this two rivals, a draw for Arsenal isn't bad but needed to win their two remaining matches to stay up at top 4 spot, and win will move them to point behind Chelsea invariably competing for the third position spot with the blues 13' ongoing now... To be honest I believe Arsenal will be able to play really well in this match because they are in a good form right now compared to Tottenham. Arsenal is coming on the back of four consecutive wins. meanwhile, Tottenham is quite inconsistent in their performance even at this stage of the season. so I really don't expect too much from them. I believe Arsenal will be able to finish in the top four and play in the Champions League next season. |
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Rennes actually broke the deadlock in that match but I have to say they missed some golden opportunity to get further ahead in that match. they even had an empty goal once in that match from a corner but they also missed that chance. Now if we look at things statistically I think Rennes still has a chance of finishing at least in the third position but the problem is they have a match against Marseille which I believe they are not going to win. so this certainly puts them in an interesting situation. Things have gone worse for Rennes in the standings after they got that result today. I mean that they got an unexpected loss against Nantes by 2-1. Monaco and Nice both succeeded in getting past Rennes in the standings after this happened. It was one of the most important games for Rennes but I don't know how they failed like this. They might lose their chance to qualify for the CL as of now too. Rennes have a very difficult game ahead also which is against Marseille.
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It's hard to know for sure what caused the bitcoin price to drop.
Bear market cycle, 4 year cycle will repeat. Current world economic situation: The protracted war between Russia and Ukraine has disrupted supply and demand around the world. High inflation the Fed raised interest rates caused the dollar to rise, causing gold and bitcoin and other assets to plummet. Bitcoin is considered an anti-inflation solution, but currently investors' confidence in it is still not high so bitcoin is still not considered a safe-haven option. |
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2. BTC's price free-fall will slow down between $24K and $27K unless more macroeconomic and geopolitical risks emerge.
This is just the initial stage of the bearish market, we shouldn’t judge the market so quickly. But sad to see Bitcoin’s price currently. If I am not wrong then, in the past year this is the all time lowest amount for Bitcoins. This month might be hard for all the Bitcoin holders, but soon the coin will bounce back. We can just hope that no more issue should arise, so that Bitcoin’s price will affect again. Earlier Today Morning, i heard a news that El Salvador Bought 500 Bitcoins when the price was around 30k usd. This might be looked as a positive approach towards the coin and here we can again see the growth in the price of the coin. Not only Nayib Bukele bought bitcoin at 30k$ but a lot of investors bought it at the same price. On Binance, USDT buying power has skyrocketed showing that many investors think $30k is the bottom to buy. This move has kept bitcoin from falling off the $30k resistance but I don't know how long it will last. We entered a bear market early in the year after bitcoin hit ATH and then there were slow downside corrections and May is considered a bad month to invest. |
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