Quote from: aprilnot on Today at 11:17:13 AM

Quote from: Myntist.official on May 12, 2022, 02:17:05 PM

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.