Does the rise and fall in the crypto world really scare people? Do you dare to sleep during a crash? Let’s educate newcomers!! Luna's collapse, from a million to one dollar in seconds!

That day with Luna, I really don’t know how many people jumped off bridges because of this.

For those with weak hearts, it’s really unbearable; one second you’re laughing, and the next second you’re crying like a baby.

Take the classic example of Luna. You have 10,000 Luna in your hand, and last night its value was 1 million USD. You wake up suddenly, and it’s dropped to 700,000 USD. You think to yourself, after so many years in the crypto world, it’s only a 30% retracement, and UST has only de-pegged by 10%. I believe in DoKwon, so I went to sleep with confidence again.

As a result, the next day I woke up and Luna had dropped to 10,000 USD. At that time, I thought it had fallen by 99%, so it shouldn't drop any further, right? If not now, when should I buy the dip? So, I sold everything and desperately scraped together 200,000 USD, wanting to take advantage of the bottom to buy 200,000 Luna. As a result, I couldn't sleep at all, constantly watching it, hoping it would rise again, but I watched helplessly as the price fell from 1 USD to 0.1 USD, then to 0.000001 USD, and finally got delisted. In just three days, my 1.2 million USD became worth less than even a breakfast.

You completely collapsed.

Aside from Luna, the crypto world is really different from traditional financial markets. The crypto market is open 24/7, with no price limits, and the threshold is outrageously low, leading many to misuse leverage. The volatility of altcoins is truly limitless.

Especially in the waves of market movement at three, four, and five o'clock, it’s common to go from rags to riches or to lose everything overnight. Everyone needs to be careful with leverage; don’t think that five times leverage is already low, as there are fluctuations over 20% every year. The more leverage you use, the more dangerous it gets; the harder it falls, the harder it is to stop, and in the end, you might just get liquidated in a chain reaction.

Next, I will help everyone seize the lucrative opportunities in altcoins, especially those with potential projects. Don’t go bumping around anymore; now is the best time for layout. If you want to earn several times your investment in a bull market, don’t miss out; let’s layout for the entire bull market together!