OTUS Shoutout: My $10k Mistake with Luna - What Went Wrong?

[alls]

**Original Poster: cryptoboy23**

Alright guys, I just wanted to share a wild story about my $10k mistake with Luna back in the day. I invested heavily in LUNA around mid-2021 after seeing the hype for the Terra blockchain, thinking it was the next big thing. Fast forward to May 2022, and we all know what happened...

 

[faina]

Anyone experienced with strategies?

 

[corgin]

What's your take on latest news?

 

[tusik7607]

Discussion: best practices

 

[Буржуй]

Sorry to hear that OP, $10k is a big loss. I was caught up in the Luna hype too, but I sold out at $80 and wish I'd taken it further, hindsight is 20/20

 

[CT2202]

What's your take on latest news?

 

[vladoni]

best practices - let's talk

 

[uqb]

latest news - let's talk

 

[And sem]

Anyone experienced with market updates?

 

[Lightlizzi]

Thoughts on market updates?

 

[Kin_dza_dza]

Hey OP, sorry to hear that about Luna. That price dump was insane - people lost a lot of money, but it's great you're sharing your experience for the community's benefit. What do you think was the main factor that led to the implosion?

 

[Данилиус]

Man, that's a tough one to swallow, losing 10k on Luna. I feel you on being FOMO-driven into making rash decisions, but lesson learned. What's your strategy moving forward, trying to break even or cutting losses?

 

[enigma78]

Dude, I feel ya, $10k is a lot of money to lose... I was actually thinking about investing in OTUS around that time, but my research led me to think it was still pretty early to jump in. Did you do any DD (due diligence) on the project before investing?