Post
Topic
Board Altcoin Discussion
Re: The Return Of Terra Luna Classic
by
FrozenBit
on 13/07/2023, 15:16:29 UTC
~Snip~
This project is similar to a house card game and it has completely collapsed on trust, even though there are some parts and trying to spread information and to pump/dump we have to. can also feel the failure it has brought. Personally, even if I can spend some money to buy Lunc and wait for an opportunity to increase the price to take profits, I will not do it because I understand this environment has many options and I do not necessarily have to get involved with it. Similar to the OP mentioning it, I think it's simply some hype to push the price up and there will be another big sell-off.
The have already destroyed what they had suffered for and now are secretly wanting to come buy back their trust from their community again which I think is unethical for them to have come back again to rebrand and rebuild their project in other for people to start reinvesting again in a shity project that was ones fallen.

There may be some investors who may want to recover their lost from the past events but to me is somehow a cat and dog game where both are watching and monitoring each other's for a little fault and error. There's nothing wrong to reinvest but is a total lost of faith and trust, I don't encourage such investment.
The story of terra's ecosystem is really messy and complicated, when I really have big questions that I think will also answer itself about how, apart from Lunc, Luna, ust,... what are the things here? And I think they're all failed products and still want the pump/dump after that.
In fact, as I witnessed some of my friends spent a lot of money to invest and almost lost everything, there are also some friends who also benefited quickly from the fairly quick pump and a lot of skepticism. And here we all understand investing is always risky, but with something that has repeated and huge risks, it should be avoided.