I am surprised as Ethereum Co-founder (Vitarik Buterin) says he's no more a Billionaire due to the expensive crash in the cryptocurrency market because of the selloffs that happened in Terra UST and the its sister token LUNA that collapse. What happened in the cryptocurrency market affect almost everyone, not to only Vitarik Buterin, other billionaires lamented, and they are still lamenting and the price isn't still encouraging. Some people around me even make attempt to commit suicide because that is all they have, they invested all they have worked for in cryptocurrency market, expecting profit but encountered loss that is more than their thoughts.
Anything happen in life is part of life drama, even the crash of cryptocurrency. It affect me as well and it's still affecting me, it doesn't matter how crash the cryptocurrency market is, the money is gotten here in life and if it goes with life, it goes to from where it come from. That is how we should think, so that it won't really have much effect if cryptocurrency crash again. Watching the Bitcoin trendline, the price isn't ready to move up right now as it seems, the fact is that I didn't understand it, maybe because the crash came as unexpected and the shot is still affecting me.
Pixabay
The collapse of LUNA is the worst I have ever come across in my life, although I didn't have investment in LUNA but it affect me so much, I wonder how much it would affect those that have investment in LUNA, they may never ever believe in cryptocurrency market again but as it it's sister TerraUSD crashed so much earlier this month and this is where people make mistakes at times; they sell the little amount it remain in their wallet instead of wait, and hope for the price to move up again, no matter how much time it would take, i am very sure that it would bring back the money lost.
The best time to invest in the cryptocurrency market is now that it's very low in price, it's now that it crashed, this is how investors think, selling off the cryptocurrency assets when it crashed isn't for solution, buy more that you can buy with the one that you have and gain in future.