I have a friend who invests in cryptocurrency like me, he is an investor hold Luna and he has also lost quite a bit because of Luna. But what's more sad is his 2 best friends. Those two are also hold a lot of Luna's and Luna's crash causes them to lose all their possessions and become insane. As he said, one person has gone through the crisis and one has not. Those two guys who invested in Luna were all from my friend's advice. He said it was he who indirectly harmed them, money can be earned, but his friend are gone.
It's very unfortunate to see investors can't carry the burden they got from investing into a wrong coin and they choose to end their lives.
Well because of what happened, I think I will not also recommend other coins to invest with when they want to invest into crypto other than Bitcoin and Ethereum maybe. No other altcoin and I will just let them decide which altcoin will they invest their money with.
This is a sad story that I have heard. Through this story I want everyone to know 1 golden rule in investing is: never give financial advice to anyone. By the time you give them financial advice, you may feel like you're one step ahead of them, but if that advice is wrong, you could be the one hurting them.
This is why Youtube crypto influencers are always saying the infamous quote "This isn't a financial advice blah blah blah and it's only my opinion blah blah blah." I think giving financial advice is good in other assets such as the stock market because stock market and crypto market are very different. Crypto market is very volatile. I will still give financial advice if there is somebody who will ask me which coins do they need to invest their money with when it comes to crypto but I will only suggest Bitcoin and Ethereum. Investing in crypto is very risky that's why I'm always ready if the worst thing comes. That I invested into a wrong coin.