LUNA

veryparcel

I trade TQQQ like I'm trading LUNA.

DropoutDreamer

Instead they’ll buy one created by one of their own: LUNA

Chucklum

There are multiple ways depending on what you are comfortable with. With dividend stocks, some offer some great annual returns but this method isnt steady and can lead to fluctuations and even loss of capital depending on what stocks you have. With crypto, you have multiple avenues between staking, interest earning on a lending platform, running your own node, and other ways. The problem with crypto is its super volatile, but with certain stablecoins and even relatively BTC you can no to smaller fluctuations. A stablecoin is pegged to a certain currency but that doe not stop it from being depegged and you losing your money (like what happened with LUNA). There are other ways like investments in real estate grouped up from multiple people and the benefits are then redivided but i do not know much about this so don't take my word for it. Over all for 10K a month more or less on the top of my head id say youd need around 1,200,000, putting your money is places that are relatively safe but definitely not risk free. I am not a financial advisor, but ran into this exact same question while on guard duty just sitting my ass waiting for things to happen. My research led me down these avenues and for the last couple years have started to bear fruit, i wouldnt mind sharing my experience for you over DM if youd like.

eje0100

1 of mine was LUNA

breakbeatera

It's value over any other crypto is in it's size and stability(block in every 10min for 15 years). Even after China and everyone else tried to banned it. By the size i mean no one can brake it by buying up 51% and starting to fake transactions. Nobody has that kind of wealth so it's predictable and safe. For example LUNA was crashed by whales manipulating it with big sums.

MoneyObligation9961

While the specifics of the Great Depression and today’s economy are different, the underlying economic mechanics of speculation and tariffs remain similar. In both cases: 1. Tariffs led to retaliation and economic contraction: The Smoot-Hawley Tariff Act worsened the Depression by reducing global trade, just as modern tariffs (e.g., U.S.-China trade war) disrupt supply chains and increase costs. While today’s economy is more resilient, the core risks of higher consumer prices, trade retaliation, and economic slowdown remain the same. 2. Speculation-fueled crashes mirror past financial bubbles: The 1920s stock market boom was driven by excessive leverage, FOMO, and margin debt, much like modern cryptocurrency speculation. Just as overleveraged investors were wiped out in 1929, we saw cascading liquidations in crypto crashes (e.g., LUNA, FTX, Three Arrows Capital) when confidence collapsed. Both eras show that high speculation and trade restrictions can amplify financial downturns. While the context has evolved, the underlying risks of protectionism, leverage, and unsustainable bubbles remain unchanged.

Subject_Roof3318

I’m pretty sure that bitcoin, like all cryptocurrencies is just a cataclysmic rugpull waiting to happen. Just like tuah coin, or LUNA, or the dozens before that. Bitcoin is just controlled by the elites, let it run up until it doesn’t.

Fearless-2052

$SOFI $LUNA $LAES & $BIT (10.8% divided)

Aromatic_Dentist9828

Luna Innovations (LUNA)

pfcypress

Terra LUNA 2.0 ?

lucasawilliams

I’m with you on LUNA. Very small chance it’s delisted, good chance they post past earnings and it goes up 40%

donta5k0kay

Doesn’t even sound real now I guess RIVN, LUNA, RKLB, etc… have potential like this though But even then you need what 10k shares

Additional-Height712

Literally anything that is connected to crypto is for sure going to go up in the next few months. HOOD COIN MSTR if you can afford those premiums. AI is a gamble but usually giving out good gains. Last but not least space stocks are the new meme stocks. I have no idea if these companies make revenue but I know they will 5x in the next few years RKLB LUNA ASTS. These are all good long term plays

lucasawilliams

LUNA, various biopharma if they get cheap

Wizzie08

Sorry mate, I lost all my savings too when LUNA crashed. It was about 17k and I only make 30k a month, it still hurts when I think about it this day.. I hope you are able to recover from your losses 🙏🏾

soundofwinter

idk the problem with that kind of logic is it will literally take like, 1 day for the crash to happen when it does. Remember LUNA? or FTX? Bitcoin's value is in the historicity of it being the 'first' and formerly the best currency to use for buying drugs over the internet. It's going to reach a head eventually and how much will a 100x gain matter when it just becomes 0x one day, Investing isn't zero-sum but crypto is

Icy-Egg-7292

IDK, it’s definitely not as strong as RKLB or LUNA..

SpontaneousDream

>Gary Gensler has served as the Chairman of the U.S. Securities and Exchange Commission (SEC) since **April 17, 2021**, when he was sworn into office. As of today, November 21, 2024, he has served for **3 years and 7 months**. > Here are the timelines for the collapses of FTX, Terra (LUNA), and Celsius: >**FTX CollapseTimeline**: November 2022 >The cryptocurrency exchange FTX filed for Chapter 11 bankruptcy on **November 11, 2022**. The collapse was triggered by liquidity issues, mismanagement of customer funds, and a loss of investor confidence, leading to a bank run on the exchange. >**Terra (LUNA) Collapse** >**Timeline**: May 2022 >The Terra ecosystem collapsed in **May 2022** when its algorithmic stablecoin, TerraUSD (UST), lost its dollar peg. This caused the value of LUNA, which backed UST, to plummet from over $80 to virtually zero within days, wiping out billions in investor funds. >**Celsius Collapse** >**Timeline**: June–July 2022 >Celsius Network, a crypto lending platform, froze withdrawals and transfers on **June 12, 2022**, citing "extreme market conditions." It subsequently filed for Chapter 11 bankruptcy on **July 13, 2022**, due to insolvency and unsustainable business practices. Thank you so much, Mr. Gensler, for your protection! Thank you so much for wasting taxpayer dollars on frivolous, meaningingless lawsuits!

BTComeback

**$MSTR is basically the $LUNA in NASDAQ.** It resembles the unsustainable dynamics of $LUNA's death spiral, with its strategy hinging on relentless Bitcoin accumulation through debt and stock dilution. Just as Terra's UST required continuous minting of LUNA to maintain its peg, MicroStrategy relies on issuing new shares at inflated premiums to buy more Bitcoin. While this temporarily boosts Bitcoin holdings per share and valuation, it exposes shareholders to increasing dilution risk. Should Bitcoin's price falter, the "Bitcoin per share" narrative collapses, undermining confidence and triggering a sell-off. The parallels to $LUNA's demise are stark: overleveraged positions, perpetual capital raises, and a self-reinforcing loop that unravels when the core asset's value declines.

MobileBest

LUNA pulled a challenger today off launch

TrumpGodd

I believe that with LUNR's earnings, tomorrow RKLB will see 24, ASTS WILL RISE LIKE FOAM and after ASTS' earnings, these three LUNA stocks

chili01

Wasnt there also another company, LUNA or something? That supposed to win a contract

homelessvett

Roughly around 100k including crypto. I was new at trading at the time. My biggest trade was 28k on stock and 20k on crypto during the LUNA crash. I did not take profit on either of them. Now I’m down around 40k

BallsofSt33I

Bro just buy LUNA you will be set

wayfarer8888

I am too lazy to research it myself and see it here all the time... what's $LUNR business model? The ticket sounds like a failed crypto currency, wasn't that LUNA or something?

ComfyRug

Of course: > Luna Innovations Incorporated (LUNA) is currently trading at $2.17, with technical indicators suggesting a bearish sentiment. The 14-day RSI is at 42.5, indicating potential oversold conditions, while the MACD histogram shows a slight bullish divergence, hinting at possible short-term recovery. However, the stock has been in a downtrend, with the 30-day SMA above the current price, reinforcing downward pressure. Given the broader market's cautious optimism and LUNA's low volume, expect limited volatility. For today's session, consider entering a short position around $2.20, targeting $2.10 as the first price target and $2.05 as the second, with a stop loss at $2.25. Confidence in reaching the first target is moderate due to the prevailing bearish trend, while the second target carries lower confidence given potential support levels. Keep an eye on any unexpected news that could impact this thinly traded stock.

Snotagoodbot

LUNA

phoggey

It was the terra stablecoin. >In May 2022, the Terra blockchain was temporarily halted after the collapse of the stablecoin TerraUSD (UST) and LUNA, an event that wiped out almost $45 billion in market capitalization within a week.[1][2] On January 21, 2024, the company filed for bankruptcy.[3 https://en.m.wikipedia.org/wiki/Terra_(blockchain)

No-Kitchen6207

NVDA, INTC, LUNA, CCL, AAPL calls

AphexPin

Do you see anything that has the same growth potential currently? WSB is hype about LUNR, RKLB. LUNA (not LUNR) seems like a good company to me if they can get their w t together.

Elons-Musky-Balls

Was trying to look up LUNR accidentally Stumbled on LUNA which is far more interesting dirt cheap stock that Insiders and Hedge funds are buying the tits out of lately hmm

DixonDs

Wtf is LUNA?

MediocreDesigner88

LUNA and ASTS this week!

AphexPin

LUNR is Intuitive Machines, LUNA is different. I've been very curious about it, seems like a good stock caught in a bad spot.

LabyrinthLayers

Y’all remember that $LUNA bullshit? Hoping that makes me an overnight millionaire 

skyzm_

> look at every single graph of it ever You can say the same about the general stock market. Try this. Go look up Enron’s stock price. Now go look up the crypto token LUNA. Not everything works out. You’re young and you really need to learn more about investing in general. It takes time but it’s worth it.

rd26

LUNA was crypto and sketchy af, no hedge. I made my bed and own it

JeromePowellLovesMe

I was going to post something snarky as usual, but since we both lost on LUNA, I feel a sort of regard kinship here. Hopefully you have other coins with more transparency. They will likely do well when the US can't pay its debts any longer without borrowing its own money. This might seem like a very, very small thing then.

rd26

New to reddit posting, but had a message before this picture. It was a bad year or so of abuse. I was making sickening money and ended up at the end before this loss losing 7 figures on LUNA. Money back then wasn't a big deal, made a nice 6 figure/yr salary + bounus and was raking it in on the side. This was the fun account that I tilted after I lost big. But yeah. I fucked up bad, no doubt.

Wayne93

LEAPS on LUNA, didn’t realize it had such a small float plus contract news could really push it heavy. I’m quite intrigued now to watch these. The LEAPS are pretty reasonable tbh. 

CorgiButtRater

Fools never learn. ASTS dumped. RKLB dumped. Now it's LUNA's turn. Go on, FOMO 

voyagerdocs

LUNA 🚀🚀🚀

CosmicSpiral

You mean this? > but when people start talking about taking loans on their houses to dump on tech again, that would be 2.0. 1.) It's naive to think people haven't already done this. The stories only come out when margin calls are triggered. 2.) It's not a special thing anymore. I heard plenty of stories like this during 2022 where people lost all their equity in harebrained assets like LUNA and fintech stocks. Knew at least one suicide through a friend of a friend. That type of speculation is rampant now that trading is so easily accessible.

Most-Vehicle3728

LUNA remembers. 

iom2222

As long as you’re not putting it all on LUNA or Dogecoin, but ETFs the risk is irrelevant IMO.

EnviroElk

Or you put 100k into LUNA/FTX

ChamberofSarcasm

I'm not saying a stock peaks when the zeitgeist talks about it but I think it's short term peak is in and when the media quiets down it's a sign of diminishing interest and thus, price run. The media's job is to attract eyeballs (clicks or views). They start paying attention to a stock or story or crypto when people start talking about it. There's a handoff of attention and coverage from community > larger internet > mass media > general public. Then, either the public gets exhausted on a topic (our brains only get excited by things for so long) and the media feeds a new one (see most political issues in the U.S.) or, the price top is in for a bit, the audience loses interest, the media moves on. If NVIDIA creeps up toward $1000 I'm sure the news will start covering it again, because the general public will be excited again. To am not saying this is the final top for NVIDIA. But that's why LUNA said "for the time being". Once the media stops presenting the story, and the price dips a little, the general public (boomers and barbers and non-finance people) will think the ship is done sailing.

Appropriate_Ant_4629

/u/LUNA_underUrsaMajor wrote: >> Thats why people should create an LLC to trade out of, you look like you own and operate your own business Can you deduct the Wendy's sandwiches as a business expense?

natures3

Yeah got rugged during the LUNA debacle in 2021z

outsideparameter

LUNA Innovations (LUNA) A little stock called LUNA... Trading at long-time lows, Just fired it's President, And long-term CEO. Goods have gone a-missin' When they were supposed to be a-shippin' An earnings report delayed But I cannot be swayed... Underneath all this ugly noise, Is a gem with a fat-fingered invoice, And once the dust settles a bit, It will be a WSB hit. Have a look-see up her skirt, Nothing up there that will hurt, And if you take the plunge, I got nothing that rhymes with plunge.

Pickledpeper

Ahhhh, okay. Guess I'll check again on Monday. After LUNA took a straight dump, I've got nothing to lose

I_AM_MORE_BADASS

Tell that to LUNA holders.

IntermittentFasted

Rightfully so. I think there might be some illegal activity involving AMC… Or AA is simply one of the WORST CEO’s of all time and just doesn’t care about his share holders. Stopped the run with dilution every time momentum picked up after the initial squeeze. I’ve never seen retail get screwed so bad except for on LUNA, or maybe SVB and svb was mostly held by institutions.

Tylensus

That's the most steep decline I've seen, and I had a bunch of LUNA when that shit show played out. F, sir.

OkText00

Terra LUNA coming back from the dead: https://www.youtube.com/watch?v=yyANgDSO2DM&t=168s

justtheboot

Bro’s still holding LUNA

Any-Personality3113

Well DOUL went to LUNA man 

Sandrokotos

Two years ago, it was LUNA. This year, it’ll be SPY 

SmoothTradersYT2kSub

agreed, a sad day for lunars, almost like LUNA.X

ItradebetterthanU

Where is the LUNA $300-K guy ??

el_guille980

too many words to say deep OTM calls on $LUMN or $LUNA or $LMNR, i cant remember, doesnt matter, all of thememote:t5\_2th52:4258

ItradebetterthanU

WTF happened to LUNA ??

TheScourgeOfHumanity

chick fil a for breakfast. I'm so sad because i lost a lot of money on LUNR. What's funny is that I keep erroneously referring to it as LUNA in my head lol

ItradebetterthanU

LUNA fell over and can’t get up !

Significant_Eye_5130

I am so regarded I thought about buying this all weekend and when the market opened and I thought it was LUNA and I just decided not to after looking at the chart.

Emanuelsil

Go all in on LUNA 😂

Impressive-Duck-6191

Carmine Rosato with Investitrade or Nishant Pant with Trading Extremes, depending on what kind of trading you are interested in. As for actual trading profits, honestly I’m about breakeven. I’ve lost a few thousand trading options and a few more thousand on blown futures prop firm accounts, but I got lucky on longing LUNA after everyone shorted it to $0. One evening I bought about $250 of LUNA at the very bottom and sold it the next morning for around $6,000 (true story). The more I think about it, I wouldn’t say that I’ve been trading for 1.5 years. I’ve paid for courses, learned, and copied other people’s signals during that time and I never really was successful. So, this year I figured I had nothing to lose and actually started trading options and making all the decisions/trades myself. We will see what this year brings, but I think I’m taking a step in the right direction regarding profitability. Best of luck to you.

Ayy_Whats_Poppin

Overview of ADVM: ADVM is a biotech company that specializes in delivering proteins to the eyes. This company is trying to find a gene therapy that will last for years. ADVM is currently trying to find a therapy for a prevalent eye disease Wet Age-Related Macular Degeneration (Wet AMD). This disease currently affects 200 million people, while 500,000 people are diagnosed with Wet AMD every. This disease is responsible for 90% of blindness and currently has no cure. ADVM has a lead clinical drug for Wet AMD called Ixoberogene Soroparvovec (Ixo-vec). Overview of Ixoberogene Soroparvovec (Ixo-vec): This drug is to ease the pain and burden that people with Wet AMD have. Currently the only drug to slow down the effects of Wet AMD is a drug called Anti-Vascular Endothelial Growth Factor (VEGF). This drug has to be frequently administered and has a myriad of other long term issues. Ixo-vec’s goal is to be a more effective and a single shot solution to Wet AMD. Already this drug has gotten a fast track to treat Wet AMD by the FDA. There are currently two ongoing trials OPTIC and LUNA with this drug, with already positive news. In the OPTIC trial, the drug Ixo-vec has shown long term benefits even after three years since the initial dose. On top of that 50% of the trial members were able to completely avoid another dose of Ixo-vec. This is a dramatic achievement compared to VEGF which needs multiple doses yearly in order to keep the same effectiveness. The trial results for Ixo-vec have been scheduled for February 8th and factoring in the already positive news, I believe that the drug will be able to pass trial 2 and move on through the process of drug research. Overview of ADVM Financials: Like many biotech companies the initial research faze is always brutal and costly financially to the company. ADVM is not any different with the company losing money every year researching this drug. ADVM does have some key financial differences that are not common in biotech. They have an assets to debt ratio of 2:1, meaning the company can sufficiently pay off its debts if needed. The company also has a nice source of revenue streaming in from investments. The company also has a large source of revenue if they are able to market this product commercially. Like I said before Wet AMD affects 200 million people with about 500,000 new cases, this drug will be able to tap into this large consumer pool, and will be able to generate stable revenue, help pay off liabilities, and fund future R&D . 2022 Income Statement Revenue N/A N/A Operating Expense 54.73M -13.64% Net Income -154.54M -6.18% Net Profit Margin N/A N/A Earnings Per Share -1.56 -5.41% EBITDA -143.78M -2.40% 2022 Balance Sheet Cash and Short Term Investments 185.59M -39.19% Total Assets 308.37M -29.87% Total Liabilities 126.85M +2.68% Total Equity 181.52M N/A P/B .44 2022 Cash Flow Net Income -154.54M -6.18% Cash from Operations -108.09M -0.24% Cash from Investing 141.72M 80.06% Cash from Financing 607K -74.68% Net Change in Cash 34.24M 228.10% Free Cash Flow -72.63M 9.39% Third Party Analysts: Many analysts have been saying similar things for the future of ADVM and its stock. A majority of analysts have given this a strong buy or hold rating from a vast majority of different websites and resources. On top of that many analysts have agreed that the stock will see some kind of dramatic rise in value with news coming from the ongoing trials, many have put this stock tripling and more in a time frame of 12 months. Many articles from sources like Yahoo and CNN have given this stock a strong buy signal and concluded that a sizable return on investment is likely with ADVM. The strong agreement with many other analysts is a good indicator that this stock will see a strong future. Concerns: Biotech is generally a very risky and dangerous place to invest due to a wide range of reasons. One of the biggest issues with this company is they are investing and pouring research into a singular drug. While Ixo-vex has seen promising results midway through trial 2 there may have been some unknown complications during the trial that may have been unknown to the public. This could have a drastic negative impact on the stock and could lead to a sizable loss in your investment. Another issue I have with this investment is there is a lack of diversification of investment. Currently this company has poured a large amount of money and time into a single drug, basically tying the whole company to a single product. If this product fails then the whole company would inevitably go under, and due to the fact we don’t know many details from trial 2, this would be incredibly risky investment for many. Conclusion: ADVM seems like a safer bet for a biotech/med company. As I noted before, the company has seen positive results with its drug Ixoberogene Soroparvovec, compared to the market standard of VEGF. Financially ADVM seems to be able to fund its R&D ventures to be able to commercially sell this product. They have more assets than liabilities meaning that during hard times they will be able to keep the lights on for a while. Also, I don’t have any concerns at all for a lack of future profit, citing how prevalent Wet AMD is, the demand will be strong and will be able to fund other projects for ADVM. Many other analysts from a wide variety of sites/articles are all saying the same idea, that this stock will see some boom, if they have positive trial 2 results. However, there are some concerns to be had with ADVM, especially how this investment is betting on the results of trial 2, and the consolidation of products. However, seeing how already we saw some news about positive long term results (which is what this medication was made to do) there will most likely be positive trial results. I believe that in the short term it is a safe bet for the biotech industry, as this drug will benefit hundreds of millions of people, a good trial result will most definitely result in some kind of jump in stock price. ADVM is my move

Maximum-Captain-2189

Weather you like it or not, I’ve changed people’s lives. Quite literally 🫢 Some say I just have a knack for predicting things very well and based on my track record with day trading, my signals, my lives sessions/call outs and even crypto 🥶 I’ve been calling BTC since it was $620 and you can find that at the very bottom of my Facebook 👇 The fact is Men lie, Women lie, numbers don’t and when I say I found the NEXT TOKEN that’s going to 1000X …. I MEAN IT 👌🏼 Look, not everyone is going to make money because crypto is a zero sum game, but if you listen to me like these people did you can get in and get out with a HEFTY bag 💰 If you really want me to tell you exactly why I think it’s going to 1000X comment “LUNA28” and I’ll send you my opinion 👁️ With just a 250K market cap if it goes to 25M that’s 100X your investment right there 😬 There’s more testimonials of people calling me crying and happy ect but i didn’t save those 🤷🏻‍♂️😁 If you don’t need me to explain and just ready because of my word you can buy here while everyone else is still asking questions 😆😅👉 [https://app.uniswap.org/swap?outputCurrency=0x416cdaf616a82d7dd46e0dbf36e7d6fe412bc40e](https://app.uniswap.org/swap?outputCurrency=0x416cdaf616a82d7dd46e0dbf36e7d6fe412bc40e) Luna28 to the moon 🚀🌖 # YearOfWealth # Luna28 https://preview.redd.it/rgm34wx4opcc1.jpeg?width=591&format=pjpg&auto=webp&s=40381fac7e8f7217059932ad88b9ed58f8a6a70a

Middletobest

Swap for LUNA

flsurf7

LUNA mooning? Kind of crazy that its the top gainer over the past 7 days

fjijgigjigji

i managed to get out of the last of my positions in apr 2021 just before LUNA crashed. TIA is the new shit rn, chart is beautiful

Lifter_Dan

Bro last year was for buying. How could you miss the news about FTX & LUNA crashes

GrimmReaperBG

I remember a guy who made $LUNA tatoo and was advocating for it becoming the new BTC when it was $3. Sadly, less than a year after that tattoo and despite Luna hitting ATH of $120 on the road, so in less than one year it became the biggest fraud in the history of coins, much worse than bitconnect. So, this thing with such tattoos is dangerous!

FTXFundsAreSAFU

Still a better investment than LUNA was

Inevitable-Rip8165

I invested in LUNA when it was crashing, thinking…. It could t possibly go down forever. Boy was I wrong.

Puzzleheaded_Mix_266

yolo’d 20k into LUNA and the rest is history

Munkeyslovebananas

It's gonna go to the moon any day now, just like LUNA

investmennow

Nkarta NKTX 83%. Dollar amount lost but not necessarily % would be zim. When I first started I had no idea what I was doing. That seems to be quite common on here on Reddit. I put five figures into ZIM to get that $17 dividend. I didn't know that the stock price would immediately drop once it went ex-dividend. I didn't know that Israeli taxes would take a good chunk of the dividend. Instead of keeping the cash, I drIpped and continued to drip my dividends all the way down into the 20s.. When I finally exited out of ZIM my entire account was down over 50%, when right before investing in ZIM I was up 20%. But if we are gonna talk crypto...LUNA! 99.9%. I wasn't a paying attention and when I finally did I didn't know why it was dropping and decided not to sell because I lost so much selling things that were going down. Buying high selling low y'all know the deal. Oh I was also using Voyager app so I got really fudged over when it went bankrupt. Fortunately I had exited everything but Bitcoin and took my money back with about a $6,000 loss on the various cryptos. And then I guess I got what about 30% of my Bitcoin back after the bankruptcy.

Tiny_Abroad8554

I was this close 🤏 to putting $100k in the LUNA scam at the ridiculous APYs they were paying. It sounded so good... I just never got around to doing it, and then it imploded before I could.

gewur33

why would you have 385k LUNA in the first place. Sad moonboys :/

Cultural_Translator8

Turned 30k into 385k during the last crypto boom. Turned 385k into 10k with LUNA.

247drip

[For reference](https://ibb.co/N3sqN4Y) How is this shit not in bankruptcy already… In 2021, it lost 62% In 2022, of that remaining 38% equity, it lost 95%. That left it with only 1.9% of the equity it started 2021 with. Now you would think at this point it has fallen so far it can’t fall anymore. You would be wrong. YTD they have lost ANOTHER 99.4%, leaving them with only 0.0014% of the equity they had in 2021. This is LUNA level shit

Kuchinawa_san

I want everyone to know that I trade with Sailor Moons song from when she fights Queen Beryl in the English Dub. IM NO LONGER AFRAID, LUNA

Wooden_Lobster_8247

Probably used every dime to buy LUNA

banditcleaner2

I recall reading about how terra luna was the next big thing, this guy was all in sicne like $20 or something and it was $80 at the time (LOL) and he said he wasn't going to exit until like $250. That he was going to stake for the 20% on UST and just make all this oodles of free money, all of which he was putting back into more LUNA. fuckin' RIP.

dmk_world

Mentioning LUNA, DO KWON and Crypto in 1 sentence? Lolz

O2148

Crypto died the day Do Kwon stole LUNA. And Coinbase changed the WLUNA smart contracts 👍🏼

O2148

Coinbase had WLUNA Terra had LUNA. Luna was Terra’s version and Coinbase version was WLUNA. Both had a smart contract that was designed for both of them to mirror each other’s price. When the depeg happened that crashed LUNA. Still don’t even know know if Do Kwon stole the money. They released LUNC, to replace LUNA during the crash. but you can’t change a smart contract which Coinbase and Terra did. If they can change smart contracts at anytime, cryptocurrency will not work. People lost millions during the crash because they were using it as a savings account. LUNC is LUNA and LUNA is new a coin. They only changed the name. WLUNA on Coinbase was changed to WLUNC. 👍🏼

involuntary_skeptic

Ever heard of LUNA? Yolo it over there for ffs

Ginger-Octopus

Because I'm not completely regarded. Fool me once with LUNA...never again

banditcleaner2

Nah. 30% dividend is absolutely not sustainable in any way. Anything that ever paid a dividend above at most like 8% has not been sustainable. LUNA tried to pay a 20% dividend and the entire history of that was effectively that it was a ponzi scheme-esque crypto that was brought down by exploiting what in all honesty was a rather obvious flaw. the dividend ETFs like QYLD and XYLD fail because they pay their dividends by selling ATM calls which doesn't work in a bear market, which is why QYLD and XYLD have both lost principal value. Hell even the more tame long term treasuries have lost value despite paying 5% because they aren't able to be cashed out for that long period of time. If a 30% dividend was sustainable, nobody would need to work anymore once they got enough money to live off that 30%. which wouldn't take long for some. a software engineer could save two years of salary, throw it it into a 30% dividend fund and quit straight away

Exciting_Leading421

UST was for sure a big fat loss.. NEO, FTM, WOOP, LUNA for sure some of the biggest losers

s1n0d3utscht3k

if it makes you feel better i lost that much $ and % on trying to flip a $LUNA dead cat bounce ….i have enough crypto i can do stupid shit like that, but still… you could have done worse than $BABA calls lol lose it all next week and doesn’t mean you quit. just means your on Wendy’s hiatus.

Izzyyiz

First, why so hostile? Second, you don’t understand the terms you are using. We aren’t talking about the pegging that goes down in your bedroom. We are talking about a peg with regards to currency. When a currency is pegged all it means is that a policy is put in place to keep that currency equal to another currency. All stable coins have policies in place to try and keep that currency equal to 1$. That is all that it means when you say stable coins are pegged to a fiat currency. Is the policy good? Thats a different question. Many of those policies obviously weren’t since they crashed. We all saw LUNA go up in flames. I am not even pro crypto. I am pro consequences of your actions. Which the Fed does not allow aka 2008, SVB, etc. There is the unholy matrimony between banks and government that is not okay nor should anyone support.

teslalearned

Half of the posters here are insane. Might as well buy the defunct coin LUNA if you think FRC is still good to trade.

andywfu86

Best was XOM in 2020. Dumped my whole 401k in at $37 and rode it to $114. Worst has been crypto in general, but specifically throwing $5k into the toilet on LUNA.

Onnithejkc

Blockchain Firm Raises $10M, Hits $250M Valuation The NFIB's Hiring Plans index for small businesses dropped to its lowest level since May 2020. $HEXO $TLRY Tilray Shares Volatile After Cannabis Company Announces M&A Deal, Q3 Revenue Miss Elon Musk changed his Twitter name and is still verified. Hopefully you aren't caught Shares of smaller companies and those in cyclical industries edged higher Tuesday Stock Market Today with @AlissaCoram and @IBD_ECarson: Indexes fade at close, but Builders FirstSource, D. R. $BTC Bitcoins Comeback: FTX and LUNA Losses Near Total Recovery RT @DerrickEvans_WV: Im a former #J6 #PoliticalPrisoner who still says the 2020 election was stolen. $IPDN $AAPL Apple shares are trading lower after IDC reported the company's Q1 personal computer shipments fell 40. 5% year over year. $AAPL $MSFT Not since IBM & AT&T in 1978 have two stocks made up a greater share of the benchmark. Gemini Crypto Platform Secures $100 Million Loan from Winklevoss Twins PreMarket Prep | April 11, 2023 One of the most anticipated movies of the year, that's part of Phase 5 of the Marvel Cinematic Universe, arrives in November 2023. #msmarvel #captainmarvel 10-day advance/decline lines have recently hit some of their most overbought levels of the past year for sectors like Consumer Staples, Health Care, Materials, and Utilities. @maybebullish @chriskatje FTX's Alameda sometimes lost track of $50 million at a time. $GS | U. S. CFTC Orders Goldman Sachs To Pay $15 Mln For Violations Of Swap Business Conduct Standards Bitcoin has been quite the roller coaster. Read more in tonight's Closer: @redcandles_ That's a position, not a PnL $GCTK very nice . 50 rip off that soak so far, they never let shorts out today.

SirCoffee1429

Fuck it, just go long on LUNA at 1000x leverage. Then buy a velociraptor. Throw a saddle on that bitch and go steal the popular kids girlfriend, buy FOX News, live broadcast as you kill the raptor with your bare hands, grill it and have a wonderful dinner with new girlfriend then build a spaceship and proceed to rail girlfriend while flying to Mars. For all to see.

Affectionate_Fix8401

You're most likely correct but keep in mind certain failures of companies, cryptos (LUNA), etc have that generous final run before shit hits the fan. It seems as if this is the final pump for those two above banks I mentioned. So far one of them went 300% and SBNY did about half of that. Just my observations. I took a lotto for SBNY to see if it can react the same way