I bought a few hundred of Luna after listening to Pomp interview Do Kwon…
Cost me probably 1M sats. Turbulence mints bitcoin maxis who learn from trial by fire
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1 sat \ 0 replies \ @NorthKoreanHostage 6 Dec 2022
Don't.
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1 sat \ 1 reply \ @TheBTCManual 6 Dec 2022
lol looks like you got off easy compared to some Luna, FTX, and BlockFI bag holders, but for me, my shitcoin story was back in 2016 so embarrasing I feel for the ICOs of the day and bought into this crap called affliate coin lol they had a whole thing on how people could earn tokens by shlling links for different companies and fuckall happened
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0 sats \ 0 replies \ @HardMoney OP 7 Dec 2022
Luckily I was predominantly positioned in bitcoin and was more so lured into Luna as a gambling / high speculation “bet”
Turned out to be waaaay more fragile than I thought (dumb in hindsight to not see it coming) and it’s pretty evident to me now that all of crypto is predominantly grift with some exceptions where founders believe in what they’re doing and are just dumb vs blatant scammers
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0 sats \ 0 replies \ @gandlaf21 7 Dec 2022
Before you buy into a shitcoin or really anything, ask yourself:
- could this be to good to be true?
- am i buying into this because of greed?
- is this more important than bitcoin?
I learned these lessons back in the shitcoin ICO days in 2017
And also lost a neglible amount in BlockFi. I was already cautious, because not your keys, not your coins and Bitcoin≠shitcoin. I already knew these things at the moment, but sometimes greed gets the best of you. i lost about 2% to shitcoins and blockfi
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