What a mess

Hi,

today was a bad day for crypto, after LUNA almost defaulted (ironic), and everything on red. This day might be the signal of the next crypto winter, as investors are scarred, because so big loses can be registered in one day.

Yes, there are the crypto believers like me and you, but to reach the masses, we need the common people and investors to gain trust in crypto.

With moves like this on the market, people will be reluctant, as losing 20% value in a day is not something that a sane person can withstand.

I'm not watching daily the market, but losing 5 figures, like today on the LUNA move, is something that it is scaring. I know, I know, the LUNA stake was build with profits from another projects, but nevertheless, I could have done something else with it.

The whole situation is a mess, and we, the crypto world, need to see what we can do to prevent such things. We are still at the beginning of the crypto revolution, where there will be such moves on the market, with a lot of loses and gains.

This is what lacks the crypto world, maturity, and stability. We need more trust in the market, and this can only be achieved by some kind of predictability.

When we have reaches this, we can say that we can have a mass adoption, till then it is something like a casino.

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