GregoryY123
BANNED
- Aug 16, 2020
- 359
- 115
For the sport. Bought it for 0.9$. who knows... maybe it will bounce back to 15-20$
Lost $2000 on Luna
- Thread starter moonswamp
- Start date
Brickbat1
Elite Member
- Mar 22, 2010
- 2,366
- 1,391
USDT will be the real sledgehammer someday. It will be bloody. Except it's somehow allowed to continue on the premise of "too big to fail" bailout kind of scenario .
LuckyGamble
Banned - Multiple Rules Violations
- Apr 14, 2022
- 1,047
- 1,028
Insane! 95% down in 1 day!!!
Elvlin
Elite Member
- Nov 4, 2018
- 5,068
- 2,550
it won't go 0. but 0.00000000xxxx possible
TashaJ
Regular Member
- Jul 9, 2019
- 385
- 375
I lost $500. I wouldn't worry about it. Sometimes you got to risk a little.
resurrects
Power Member
- Nov 19, 2020
- 563
- 316
Lost more than 30k, at this point Im just holding to see what happens
- Mar 22, 2013
- 9,146
- 10,489
Well, yeah, now. Now they're at a loss, because everything's at a loss.
And any fees I incurred for those trades can be considered a loss I guess.
But I never sold anything at a loss. So I never really lost, not yet anyway. And I never will unless a coin I have goes to 0 and goes away.
Reelnetwork
Power Member
- Oct 12, 2009
- 684
- 248
I lost $300 in Luna just today.
See no chances to make additional investments into cryptos anytime soon.
See no chances to make additional investments into cryptos anytime soon.
LuckyGamble
Banned - Multiple Rules Violations
- Apr 14, 2022
- 1,047
- 1,028
Well, when squid token dumped 99%, it made a 10x when it hit rock bottom. So it's possible this will become true with luna
Starlady
Regular Member
- May 6, 2022
- 345
- 88
Lets hope so
learningbee
Registered Member
- Apr 25, 2022
- 54
- 29
Do you still believe in the fundamental of this project? If so, this is a golden opportunity to buy more. If not, take your losses in the next recovery when price moves up and exit. I do know much about Luna but in this case, it seems there were under a coordinated attack that causes liquidity issue. This in turns caused a huge gap drop in price. The current situation reminds me of Citigroup many years ago when price dropped to $1. The only difference is that one backed by the US Govt while the other is backed by no official authority.
The fundamental of the project Luna looks to be still in place and founder has not abandon the project. TerraUSD has officially annouce that they will be back by equivalent assets.
Apart from that, I hear some saying that this situation will not happen to collateralized token. Well, this is not exactly true. Since every token listed in the market is subjected to market sentiment. There are ways to attack tokens backed by collaterals as well.
slippery_slider
Regular Member
- Dec 28, 2021
- 252
- 202
At this point in time I'm financially euphoric! I might have lost $25k, but look, if I DCA with another $25k I will have 50x the coins I previously had! Catch the black Friday while it lasts! It's just whales manipulating the price to make us sell... HODL!!, tell them solid "NO" by buying more! The crypto algorithms and protocols will soon catch up and pump it way beyond previous ATH! TO THE MOOOON!!!
Last edited:
- Nov 16, 2011
- 19,792
- 11,285
Your entry price is still better, think about those who bought at ATH.
Reelnetwork
Power Member
- Oct 12, 2009
- 684
- 248
And now Luna has been removed by a number of crypto platforms.
paisawaisa
Elite Member
- Mar 23, 2022
- 3,972
- 1,083
Think of the positive. Some people lost all their life savings on this coin, so you are still better.
Reelnetwork
Power Member
- Oct 12, 2009
- 684
- 248
Yeah I am thinking exactly like that, that's why not splitting hair.