Todays current situation for Luna all my works just stop and cant belive whats going on with this scenario!! Lost too much in my life savings!! Now thinking about invest on btc at least there is no chance like 98% dump at least stable coin looking to more risky!!
The majority of people like crypto for two reasons, one is to fight inflation and the other is because of its rapid price fluctuations in it.
This is why people leave a good and trustworthy project and invest in a low-cost and risky project to become a millionaire and the result is the same as what happened to Luna since there are still a lot of problems for crypto globally and as long as This kind of fraud will continue until it is not legalized and further legislation, but there are still some agencies that are monitoring such incidents,
like SEC Also yesterday, a group of unknown hackers named Anonymous made allegations against Luna's founder in a video and said that we are also investigating on our own. Given all this, I don't think we should invest in anything other than bitcoin and Ethereum or the top ten coins unless we have to keep our money safe until crypto is fully accepted globally.