¿SHOULD BUY LUNA NOW?

¿SHOULD BUY LUNA NOW?

By Phosky | SHOULD BUY ... NOW | 12 May 2022


Hello to all readers.

First of all, I apologize for my level of English, but I am Spanish.

Hello dear investor afraid of the horrible situation of Terra(LUNA). Today we are going to talk about whether it is profitable to invest money in this cryptocurrency.

First let's analyze this cryptocurrency, behind LUNA there is a good project, having reached thanks to that a market cap of more than $40B and a maximum price of $116. But if the project is so good, why has it fallen so low? Well, it is very easy to explain, it has fallen so low because on May 9 the LUNA stablecoin ceased to be subject to the dollar. Due to this and joining the bear market, the cryptocurrency has fallen to 98.98% of its value.

Is it a good time to buy? No, obviously we cannot buy LUNA because as long as its UST stablecoin is not stable, the price will continue to fall.

So should I sell my positions in LUNA or UST? NO, under no circumstances. If you sell the only thing you will get is to add difficulty to its recovery.

So what should I do?
I personally have held my positions on LUNA and I have made a very risky investment in UST, I bought UST at a price of $0.4 when I discovered that LUNA had invested all its money to recover UST. This is a very high risk investment. If UST recovers its value of 1$ I will sell all the gains and at that moment I will buy LUNA.

Because if your stable coin recovers its value, it means that we can trust the LUNA developers since in their portfolio you can see how they have invested 100% of their BTC to recover UST.

This investment has a great risk, do it only if you can afford to lose money.

 

 

Thank you very much for reading and I hope to write soon.

I am currently unemployed so all financial support is appreciated, I leave my wallets here below in case someone can afford or wants to make a donation.

BTC---> 3F8qUiPnLUnehZmZSKuzTW7jtoG6kgsrTe

USDT (TRC-20)---> TTvabWNCuyjnTxc7NeEXxFnB6qGBjndc49

 

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SHOULD BUY ... NOW
SHOULD BUY ... NOW

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