Just a friendly reminder that on this day only 5 months ago Terra (LUNA) was a top 7 coin with a market cap of almost $33 billion. It's now #227 with a market cap of $255 million. Never get emotionally attached to the coin(s) you're invested in and make sure you diversify your portfolio.

  1. I still remember this sub watching the dumpster fire get bigger and bigger. The collapse of TERRA was fascinating to watch in real time.

  2. LUNA had the potential imo. It's just unfortunate that its founder is a prick, who likes to talk shit about other projects and sees his followers as dumping station.

  3. The biggest "fuck you" moment was the fact that Luna was one of if not the strongest coin in the top 20. Small dumps and big pumps even in a downtrend. It'd crab while everything else was down and just jump up. Then poof. Historical meltdown.

  4. I am a fan of certain coins and tokens but it's also like that De Niro line in "Heat": "Don't let yourself get attached to anything you are not willing to walk out on in 30 seconds flat if you feel the heat around the corner." Reading the Terra sub and seeing "If I only trusted my gut" time and time again ... there's hodl commitment to a project and then there's being a blind zealot. I know OG BTC hodlers from 2010 seem much more like the latter in retrospect sometimes but only the individual crypto investor can make the choice where their line is, the beauty of the space for me.

  5. Proof that the best way to have a hundred million dollar + market cap is by having an runaway inflation mechanism!

  6. DeFi App developers should really look forward to Dexit Network’s incentive of EARNING up to 50% in gas fee rewards if they develop their apps through the dexit network blockchain. The main net launch is scheduled for September so it would be a great time for devs to hop on board and maybe also spread the word to other devs that can benefit! Devs can literally have passive income with Dexit Network so why not give it a try!

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