This may happen because the project team is trying to fix the existing problems, but it all takes time and I think it will take a very long time because the value is currently very low, in fact UST is a stable coin that has long been the full confidence of investors but due to the LUNA project, UST is also badly affected at this time, recovery is being done hopefully will return to the highest value.
because in the past UST also had a collaboration with tera luna so that when a problem occurred with tera luna, it would be fatal for UST as well. We hope that there will be good developments with UST so that everything will be fine again and the price of UST has also started to recover and is expensive again. |
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What do you think we should do with our investments in times of uncertainty?
Nothing. If you hold, keep HODLing. If you buy, keep buying. Don't do as many people do, when the price goes down, they get scared, think it is going to go to 0 and don't buy. Only to regret it when the price goes up again.
Now is the time to buy. And if you already have a good amount that you hold, keep holding.
Yes I also agree as you said, but different people have different opinions and thoughts, so it's not wrong if they feel afraid and it's more to secure their money than later on, they feel they have lost their money, it's better for them to hold on and keep the money just. |
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The statement about decentralization is very true, no one will be able to control the price of bitcoin. But for people who say tomorrow the price of bitcoin will hit $40k, $100k or some other price it's just a prediction and the predictions made won't actually happen, maybe just close. It all depends on Fundamentals and depends on supply and demand. Whales also can not fully control, but wahles can do a lot of manipulation to influence the price.  source: https://dotnettutorials.net/lesson/supply-and-demand-trading/Therefore, don't believe too much in a prediction because everything is just words that can be right or wrong. Let's go back to our own beliefs, even though many whales manipulate bitcoin prices, but bitcoin prices for now still can't rise and we can only wait and wait. |
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Of course the current market makes us wary, moreover the pressure continues because in the USA there is high inflation which makes many investors sell crypto, many analysts believe that the market will be red until the US economic conditions improve again, and maybe we will see that prices will drop again because many investors choose the safe way.
It's clear they chose the safe way because they don't want to lose their fund assets like they lost when they saved their money. That's why until now the market is still seen high volume selling than buying. I don't know how long we will wait for the US economy to improve again. Everyone is afraid of losing money including ourselves, that's why until now they prefer to sell even though their losses are almost 40% of the capital. But if it's a loss, I'd rather just keep it until the price goes up again, at least the capital will return even though there is no profit. |
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I think the right time to start investing in crypto is when the market is experiencing a decline like now, and sell it when the price has gone up, but you need to know that not all coins are easy to increase, therefore you should buy and invest coins that have strong fundamentals like a coin that is in the top 10 of CMC,
Sometimes in a drastic downturn in the market like today they are also not too brave in buying any altcoins, guys, so they just watch because they are afraid that the current situation will continue to decline again. Even though we can try two stages, namely buying in the first decline and we can still buy back in the second decline, so even we can get different benefits when the coin price goes up. |
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Luna became a coin that made many people suffer. People do not want to believe this decline and hope that it will return to its old levels. That's why he's after buying from the lowest levels and making a lot of profit. but I don't think it will come back to old levels. even if that happens, it may be after a very long time.
Yes, I totally agree with you that Terra Luna is unlikely to be able to repeat the achievements that have been made in recent years, and everyone is so if very disappointed to have to buy this token again, but for those who want to try investing with Luna, it's worth it You change your plans and choose more potential coins like polygon matic and solana because these coins have a very good future, It is sad that with a single mistake or bug in the system can make the whole project collapse in an instant. I guess this was one of the disadvantage of cryptos. That is why we must choose wisely and more important is don't be greedy but sell when you think your profits are already huge so that you won't regret if something bad that will happen eventually. Once trust is lost it will be hard to regain it again, this is why I don't think luna can recover as most of the people and most of the exchanges have already made their decision final and that is to abandon this coin permanently but for sure the people behind this are going to pay for what they have done in the public. It's good if they want to pay for all other people's losses with openness, but all of that is true or just sympathy to attract their attention so that they return to trust in the square. And I also think that even if they wait for them, all the losses they have experienced have been paid, but they certainly won't easily believe in the square anymore and they will also be more careful. |
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A friend asked if cryptocurrencies are safe. I explained it's safe up to his limit if he's willing to lose what he's invested.
I don’t get it why are you scaring your friend? I mean it’s just trading not gambling I guess? Yes I don’t know about you, but the traders I mate, they all are good in calculations and estimating prices of coins. And regarding your friend, first tell him to have patience. Making money is not overnight game. He invested in December and now in 5-6 months he is crying for half of it’s capital loss? Ask him to wait for one year, then he will enjoy 25% extra profit. Crypto investments are for long runs, if you want to make money in shorter period of time, then accordingly be ready for the risk that you will get with the investment. Yes many people think that investing in ordinary crypto makes them rich in an instant, but all of that is wrong. Even though it is true that every investment has its own risks, but we need to think again that investment cannot change our world in an instant. |
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Most people buy Luna when it is expensive and only takes less than 3 days to make people lose more than 99% of money, if we want a big profit then now is the time to buy Luna, I'm sure they will do everything to make Luna Great Again.
You can suggest others to buy legit coin in the market rather than suggesting to gamble their money on this shit coin. Is there a guarantee for people to get a big profit? what you are talking about was actually BS and you didn't even know whether this can return again or not. Don't fool people with your words. people may lose their money again if they are following that advice. That's the worst thing that i have seen these days. They lose everything. Even CZ was calling luna dev was stupid team. Are you still expecting this shit scam coin to go up? I strongly agree like you said it. It's useless we hope that the Luna coin again, what happened yesterday made us a troma and we should have to be more careful about going forward instead of actually inviting people again to buy the coin. |
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I hope it goes lower!!
same, i need it to be more cheap, to buy in large quantity double digit is what it needed for that, but i don't think we will touch that Even though we are waiting for cheaper prices to go down by double digits again, can we wait for bitcoin prices to take a while to go up again? Are we that patient to wait for them to ascend to the moon? Because waiting for another 2 digits to go down is too long. |
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Will luna classic and ust be connected in the same way after the fork? Is this possible a luna classic without ust ? Is fork can provide it ?
Most provably it is since there are so many institutions backing its revival so a chance for them to bounce back again is huge, but also yoy should remember that price recovery takes time and you may experience pump and dp from its existing investor since many are afraid for something bad that might happen again to them. For now lets wait for the further updates about their future plans towards their coin. Even though there are still many who support them to get up like the beginning again, but this still requires the process again because everything started from zero again and everyone is still very excited to return to give their trust to Luna, so it's not surprising if everyone still lets Luna run like that . |
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What are your plans for bitcoin pizza day this year? Bummer that it falls on a Sunday! I've only got 3 restaurants that accept bitcoin lightning network in my area and all three are closed on Sundays...  However, Tuesday, I am planning a get-together in Brecksville, Ohio at Juice Lab. 8215 Chippewa Rd, Brecksville, OH 44141 https://www.facebook.com/events/773334983654515/?sfnsn=moIf you're interested in ordering and paying using the bitcoin lightning network, the owner, Dom will accept payment. It's been about a year since I first used the lightning network at Juice Lab, so perhaps we can call Tuesday "Bitcoin Juice Day," haha. Happy early bitcoin pizza day! No joke man, I will love to see Bitcoin juice day being celebrated in the future, at least if you can locate any coffee shop that accepts Bitcoin around your vicinity you are free.to use Bitcoin to pay for any available commodity using the bitcoin lightning network, and paying for a cup of juice with Bitcoin will be awesome the most important point is paying with Bitcoin. It's a very extraordinary thing yes if everything can be paid for with bitcoin. If you want to buy food you can use bitcoin as well as maybe in the future you can buy drinking water with bitcoin. But unfortunately in my place there is no one who wants to pay with bitcoin, maybe those who know bitcoin may still be 40%. |
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Yup, it definitely seems like we are entering a sideways scenario. Heck, I even think that we are already within it and the ranges would be 20k+ to 40k. Atill though, I am feeling a but bullish and currently expecting a breakout to 41k. Although it wouldn't be happening that fast but it think it'll happen anywhere before the third quarter of this year. The prices we see right now are definitely good prices to buy for spot and if it goes lower, just DCA or wait the storm out.
The decline can be said to be there again whether it will go down to 20k or even drop below $20k. Everyone is still in doubt to buy and hold bitcoin so hoping for its price to go up to $40 and above even though for now it is very impossible. |
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That's a crazy assessment in my opinion and no one has been able to remove bitcoin from the first order because so far bitcoin has remained the main coin among other altcoins.
And talking about bitcoin having no future is impossible because there are a lot of changes in people that we see after they introduced bitcoin.
Even though bitcoin is considered to have no future as a payment, we can still use it as an exchange with others so that we can continue to feel the results of bitcoin.
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Feel curious about what will be the conversion rate since the current total supply of luna is around 7 trillions in the market and how will be 1 billion divided among all of holders in the market? The community disagreed this proposal but since luna doesn't have any money left again and it's so hard to did another refund. The money has gone and people can only hope the new token will have equal price with the old lune when the supply was not so big like this time but yeah im feeling doubt this gonna be happening soon.
Even though Luna is considered to have no money anymore, Luna has now released 3 billion US dollars or equivalent to Rp. 44 trillion in bitcoins in order to save the slumping stablecoin TerraUSD (UST) from being destroyed. And I think Luna will rise again even though it may take a long time. |
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To err is man. To steal is scam. Stay vigilant, and stay safe.
Donate but don't loose. Give your money to validated official wallets of Ukraine, and don't rely on third party wallets.
Yes because many of them are waiting for this opportunity, therefore we also have to be more careful in donating, especially since Ukraine has its own wallet so third parties can't interfere with it either. A few weeks ago I was also sent a message using the word please send me a little money from Ukraine there is no food and I think everyone can use this situation to deceive us. |
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As the crypto market grow, these type of incidence really effect the market. I think strong project are on the stack now as trust on the ecosystem of strong projects like DOT, ETH and BNB are on the verge of crumbling. But it's a matter of life of death when it comes to all in your life savings. Share your thoughts how you would improvise your portfolio?
for me the luna problem is very different and very rare. it's not about trust, but there is a gap in their ecosystem. and that's the thing that ruined this project. the problem started because UST is not backed by USD, terra uses luna and bitcoin coins for the underlying. which is a fatal thing because it is very unstable. but one thing we can get right now is, there is no stablecoin that is really stable in the crypto market. So this is a lesson for us going forward to be even more careful in investing, don't be easily lulled by big profits. If you remember, it's very sad that the price is so expensive now that the coin is actually being removed from the market. |
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It's a bloodbath out there for bitcoin and most altcoins out there, whatever has triggered this move is really scarring potential and existing investors/hodlers...but then again this is an opportunity to get people jumping in on this boat for some cheap coins.
Are we going to be getting any All time highs anytime soon with all these setbacks??
The situation is, of course, extremely bleak... But the best days are ahead, the main thing is not to panic and survive the current market situation with dignity. This is not the first time this situation has been )) It's not the first time, but for those who are new, of course they will panic and fear the red market situation like today. Whereas if we have more money we can take this opportunity to buy a lot. |
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Thanks OP for sharing your strategies.
Without a doubt we are all experiencing distressing moments due to the surprise crypto market crash.
Staying calm and thanking God for the opportunity to fight for a new day is paramount with the ideal that after the storm comes calm.
It's been frustrating the last few days but thanks to our community all together we will get ahead.
When I remember the uncertainty caused by the pandemic that paralyzed all the markets, it makes me convince that bitcoin will have a new ATH and we will forget this bad moment.
what the OP presented is more than enough to remind ourselves to keep on surviving no matter what the obstacles or pain we are experiencing right now. there's hope as long as we are alive. we may lose our savings or any other material things, but those can be replaced in time. just remember, it is not the reason why we exist. we have other people that are relying on us, so don't feel so bad, because you have other good things to be grateful for. Indeed there is no other way for now other than we are patient and grateful. Of course there are good things after this just believe it because if it is our sustenance then it will never be lost from us. Just like what we are currently going through, of course there are many losses that we get but just be patient and wait for a good time that will change back what we hope for now. |
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I'm sure teraluna will recover and will bounce back to its original price but luna will take a long time maybe.
Because right now Luna's position is very bloody with a very very low price bounce, no one even thinks it will happen to Luna.
And what the big investors Luna felt was also painful with the losses that happened to them spontaneously.
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Patience and stay away from leverage….
This can be a big help to protect your money and of course to give you a chance to have Bitcoin at a cheaper price. Right now, the price is still down there might be no assurance for another drop but based on its chart and its volume, I guess the price is still not bound for any rise as of the moment so technically the volume is still weak for the buyers and the sellers are still dominating the BTC market, if this continues the price will surely drop again and that is the best time to buy. It's better to wait for a definite time because there is a high possibility that the price of bitcoin will decline again, but for the price to increase it will definitely take more time and certainly not in the near future. After the decline occurs, of course, many of them will buy bitcoins again. |
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