The dust has yet to settle as investors eagerly await the near future outcome for #luna and #UST. #Crypto investors are all to familiar with an outcome so catastrophic. Leaving members dumbfounded in a state of confusion. However, through the debris a new pack of opportunist can be seen. Upon observation a new enthusiasm is stirring. Luna charts are taking center stage with a previous unseen level of attention and updates.
Keen investors have recognized that the crash has spurred a new opportunity. The concept is sound and seems reasonable enough. Just to make sure we are all on the same page here is the setup.
According to the fundamental application of indicators, #luna is vastly oversold, sitting somewhere south of .00. Everyone should accept that $luna will never fully recover, but there is reason to believe that even if they have to move heaven and earth, #luna will be restored to the $1 mark. This would theoretically stop the bleeding by realigning the #luna and #UST pairing. Over the last two weeks, there have been several attempts to flood massive amounts of liquidity in hopes of saving the embattled project. With a posted plan for recovery, an all out token bomb fire, wave after wave of outside capital, and an all but guarantee from the project team have kept investors optimistic of the eventual outcome. Given the information above, and with #luna south of a penny it stands to reason that a position near the bottom will provide an easy garentee payday. If you are thinking this is a great time to make money off #luna purely on the concept. You must understand that you are not alone. I am aware of the indicators and recognize the theory as sound, but I ask you again to consider this. We all see what you see, but the truth of the matter is all your focus is on that easy pot of gold. We become fixated to the point that we forget that we can’t walk on a rainbow. There are variables at work trying to suck you in. I have read all the comments and seen the push for jumping in across social. I get frustrated by people making ambiguous post that don’t openly say what you should do, but hide behind DYOR “not investment advice” to leave other to decipher the code. Everything we post has a chance to become somebody else’s ethos. There is no other way to say it. All of crypto is walking into a trap. Every person at once is trying to guess the bottom. Throw in a buy order and collect a quick turn around. However, guessing the bottom isn’t as easy as it seems, and getting out at the right time is almost impossible. This is because the people that bought before you have the same idea. More then emotions will take over your desire to get out quick enough. When any the bigger money pulls their position it will trigger stop losses and create instant fear causing people to continue the dump in hopes retaining the quickly earned profits. You are fighting every other users opportunistic pay out. Every time this cycle repeats it pushes the recovery that much further back. There have allready been massive amount of capital allotted from outside sources to restore the peg, but we have drained every single one. Not only are you at risk of getting zeroed. There is nothing to say that around the corner the project may soon be abandoned. With each cycle of quick buys followed by quick sells #luna moves that much closer to being erased. All these factors make it virtually impossible for #luna investors to ever recover to 1% of its original price. i cant re to eat its own tail then we are witnessing the downfall like none before, and what are the short t long term ramifications. The #luna and #UST pairing was the earthquake that collapsed the entire market. Would the market fair better to have a healthy pairWhen you look at your indicators you see everywhere (like in the previous post on XYO) , but these signals are lying and have no way to decrypt the driving force behind the behavior.
Everybody is free to make their own decision. I have posted several times on social concerning this topic, but making a more complete observation based opinion has weighed heavy for several days. I ask that you consider your options be conservative and make a plan.