Post
Topic
Board Speculation (Altcoins)
Re: Is Terra Luna bringing the whole market down?
by
Webetcoins
on 14/05/2022, 20:04:06 UTC
You know what's scary?
TRON and ADA are working on new algorithmic stable coins. Previously we had one and look what it's done, what will happen if we have double trouble? These new projects will have a serious reputation to build up, and whoever attacked UST won't sleep on new algo stables.
UST has been in trouble during the downturn with her and Luna recently so it's best to ignore it first and take a look at the others like TRON and ADA you mentioned because I think both of them are still doing very well so far and not having the same problems as UST at the moment.
We can't ignore the issue as it's serious. Maybe it is easy for you to say this because you are not one of those who lost their money on those assets but indeed that we can't be like this forever. How can we progress if we don't move on? We can try again investing on other coins and hope for the best out of them. Maybe we can get lucky and we can recover the huge money that we lost before.

To be honest I have a trust more on tron and ada than terra luna. The two coins have better devs on them so they know the risk that they are going to venture. This was like a break or make moment because if this fails, many will leave these coins but if it's a success the more they get investors.