Here is how an investment of $5000 turned into $4.20

Tap to Read more

A lot of crypto traders and investors don’t like hearing about the risks involved in cryptocurrency and a lot of crypto investors don’t like hearing or talking about the dangers of investing in cryptocurrencies

Well, we are here to talk and discuss about it

Do you know, about 2 years ago $LUNC was trading at $119, as of that time a lot of people reading this knew nothing about cryptocurrency

In 2022, a member of our community bought some bags of $LUNC during it’s all time high, this bullish investor after making research saw and discovered the potential of LUNC, so he bought some with $5000

With the $5000 he was able to get over 41 LUNC, it was a great and strategic investment 🔥

He bought $5000 worth of LUNC in the month of April 2022 and by May-13-2022 his $5000 was equivalent to less than $4

LUNC had crashed from $119 to $0.00000189 within a month

Some traders on X shared screenshots of them losing $50,000 from the crash, some lost $100,000 and some lost way above $100,000

Any cryptocurrency apart from bitcoin can experience this same crash

$SOL can crash if the team and developers are not careful, cautious and consistently working up to date

$ETH can crash anytime if the team and developers are not careful,cautious and working up to date

Any of these projects can suffer security breach if they are not careful and properly secured and if they suffer one,they would be massive sell offs

Crypto is full of risks, not everyone would

Make profit, not everyone would be able to endure the dumps and losses

In all you do, just make sure you are on the winning side, make sure you are on the green side

We are no trying to create FUD, we are just reminding everyone about the risks involved in trading and investing into cryptocurrencies

Share this post with a crypto trader and after that, do well to Follow us to get notified when we drop our contents

You can Support the creator of this post with Tips

#Memecoins #altcoins #xmucan

Disclaimer: Includes third-party opinions.