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Bury it and move on.
My condolences to those who lost money on Terra Luna and UST.
- I understand their hope of redemption and recovering their lost funds.
- ‘I think the recovery plans have been criticized by people smarter then me in crypto like CZ of Binance, which suggests these plans don’t have a chance.
- Who would really trust this team anyway?
Focus on the Lesson, not the Loss.
- At this point I think the only value to be extracted from this project is knowledge.
- Hard lessons from the School of Hard Knocks. - The good Lord knows I earned my degree there myself.
- ‘Stablecoins are tricky, and algorithmic Stablecoins even more so.
- ‘All algorithmic stable coins are not bad, but consider investing in the ones who have withstood the test of time like HBD.
- Or consider investing in Dollar backed Stablecoins like Tether USDT or Gemini Dollar GUSD.
Focus on other opportunities
- Life is to short to focus to long on your mistakes.
- Learn the lesson from the loss, move on and apply.
- There are new opportunities for those who seek out the News.
- Focus on evaluating them, bury Luna and move on.
- ‘What do you think?
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