I started my blog by saying that it was important to give more importance to bitcoin and ethereum, but then ...I was convinced that the Luna team was working well and I had a lot of faith in the project. Many youtubers I followed had minimized the risk of their algorithmic stablecoin, which had already coped well with other crises.
So I had dedicated more of my budget than it made sense to do (in hindsight)....
I never imagined such a collapse.
Someone says it was a Soros-style attack (and in fact there was already panic when the depeg was just 1%), someone else says that Luna was a scam, a Ponzi scheme destined to collapse ...
Two days ago I was still profitable thanks to Luna.
Today I learned hard what volatility means ,especially in altcoins, and that it's advisable to somehow hedge against risks of this type ...
A few months ago I had more than double what I have today. I could have run away with the swag when I had doubled my capital and now I am at a serious loss because I was greedy and I did not give due weight to the risks, because I was ignorant.
But I don't give up.
It was a very hard lesson and I think I learned something.