Today, some feel the odds of a #Terra#Luna comeback are 1000:1 (or more)
IMO, #Terra was attacked because it worked and started to feel like a real threat to the status quo. People experienced true #DeFi and loved the financial freedom. Why else would SO MUCH be invested?
In one year, the #Terra ecosystem blew past anything we have ever seen in the corrupt and inefficient 💩financial system we are still forced to transact with.
OFC mistakes were made. The entire #crypto space is still new and experimental.
Yes, it absolutely sucks and hurts to lose so much money. I'm still trying to get over that part but the more I think about it, the more I genuinely believe #Terra MUST come back better and stronger and I think it will.
Not so much for the money (yes that's important) but more for what it means for #financialfreedom. Think about it. If #DeFi fails, WTF is the alternative? CBDC that's what. A total enslavement and THAT'S when you're really, REALLY F.
If you are remotely paying attention to what is going on in the world, you should be petrified. Almost everything that was assumed a conspiracy theory turned out to be TRUE!
The state doesn't give a 💩 about you or your #freedom. Not one bit. Who is behind this global mess? Who is blatantly attacking human rights? Nothing is hidden anymore.
Do I believe #Terra will rise again? Absolutely and here's why.
The community, devs, builders are some of the very very best IMO, and they're all here supporting #Terra 2.0
#Terra was attacked. It did NOT simply fail. ANY crypto project attacked in a similar fashion will 💯 suffer similar consequences. Remember, the entire space is new.
If someone drops a 💣 on your house, you will be blown to pieces no matter how healthy, fit, or jacked you think you are. No one is ever 💯 prepared for war.
The key here is to fix and strengthen the weak points outlined by this attack and to learn from the mistakes.
Like many of you, I woke up today and almost had a stroke when I saw the price of #Luna. Rather than panic though or let anxiety take over, I decided to do some digging to understand what happened. Here's what I found:
- There was a coordinated attack coupled with FUD on Twitter last night.
Who's responsible? #Terra toxic competition (the 💩 knows who they are)
What did they do?
Seems like one wallet sold off a large amount of $UST hoping to fuel panic amongst #Lunatics and in turn, cause a bank run on #UST.
🔥 PRISM @prism_protocol Strategy 1 - Buying $Luna at a Discount
Risk: Low.
Investment: Any amount.
👉 This is not financial advice. DYOR if you're not sure.
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When PRISM first launched, I was both very excited and very confused. There simply were too many components and too many numbers - it felt overwhelming and I stepped away until I fully grasped it. After weeks after research, it finally clicked in my head and it's spectacular.
The key to understanding PRISM, for me, was to separate all of its components and to focus only those related to the strategy I was working on. You do NOT need to focus on everything all the time. This was my main mistake and what was so confusing to me at first.