Post
Topic
Board Altcoin Discussion
Re: Are you buying the dip?
by
rahmad2nd
on 17/05/2022, 14:32:05 UTC
personally, when the dip occurs, I convert 50% of the assets I own into BNB. probably a lot of other people are targeting BItcoin, or ethereum, and that's not wrong, in fact it's a pretty much recommended option when the dump happens. however, I also bought some LUNA coins, but not many. It's like an investment where when it's not worth it, it doesn't affect my life.
however, for a dump type like a few days ago, popular coin options are the best. however, I think that it's an opportunity to make more of my BNB assets.
I'm sure many investors will allocate the smallest to buy Luna because they don't want to lose the moment if Luna gets something magical to return at least $10 or as low as $1 then it will add to the list of the richest people, but if otherwise then you must be prepared to lose funds from Luna investment.

So risky to put some huge amount on Luna because we don't know on what future could being with it and also the dev doesn't have any solid plan on what action they will do on to recover on this current disaster happen to their coin and best to allocate only the small fraction which we.can afford to lose since if Luna will totally fail we will never be hurt since the one we put is small amount only which we can afford to let go.
Not interested with Luna coin although how drastically drop after checking coin supply always added every time, I don't believe with developer can't keep their coin on higher price and actually the owner make Luna coin crash. But what happen after Luna price crash and developer try to make new Luna coin version and leaving with Luna coin and with how much investor loss.