I read about yesterday's decline in $UST and $Luna.
People are pouring out their regret on yutubers and inflaucers for encouraging investment in this project. I cannot understand the ignorance of these people. How can someone make decisions about how to invest their own money without doing their own research? DYOR aims to reduce the number of uninformed investors and encourages them to research and understand cryptocurrency before investing in it.
For someone who is unfamiliar with cryptocurrencies but wants to invest in them, the best option is to start reading and learn the rules governing the world of cryptocurrencies πΈ.
And don't invest more than you can afford to lose without compromising our daily financial obligations. Lest you have to borrow for food because your savings have been invested in crypto.
One more thing: Investors will never panic when the market falls. The holders in this days buy.
Good old coins that have survived many storms should be the backbone of your investment wallet, plus tokens from a few projects that the community won't start selling their assets because the market is glowing red.
I wish you all common sense in making investment decisions.
Sure, you can listen to podcasts from people who know the cryptocurrency market, but use common sense, sift information through a fine sieve and listen to your own intuition. Because most often the first thought is the best.
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The above text does not constitute investment advice or a commercial offer.
These are my subjective feelings about the recent developments in the cryptocurrency market.
