Thread by @Tradewithmmfx

My thoughts on $Terra , $Luna & $UST, whether it's a good time to make money or bites the dust :
#LUNA #UST #TerraUSD #Terra #Cryptocrash #cryptocurrency #cryptotrading #LUNAtics
#TerraUSD

/This is my first ever thread on Twitter so give it some support :)

1. Luna fell from $96 to $0.89 in just 20 days. Can you guys imagine? This wasn't an ordinary coin. It was under top#10 in the entire world.. This could be a life changing trade. Already 3x from $0.89 which is the latest bottom...

2. There's a nice downside risk but could be huge huge profits if it played out..

3. This was the same coin that outperformed every other crypto ( top 200) .. Now there had been some issues with their UST depeg and manipulation at its core...

4.However these issues can be restored back as they doesn't seems to abandon the project. Luna is very very volatile at the moment. There had been many people that bought very recently at $30, $10 and they're down huge..

5. But as you see it already did 300% from the bottom ( now at $4). So if find the perfect entry we might book 10-20x gains. There are also chances of it going down even further.. However with proper risk management there can be more money made then lose...

6. There was a reason why I never shared to buy $Luna early.. But I think with bitcoin at $30k bottom could be near. Luna had a great eco system and a huge community which I think won't take it to 0.

7. If this thing stayed that could be a 100x. If not it could bite the dust ( which is less possibility imo). Let me know what are your thoughts on $Terra $Luna $UST