Author Topic: Importance of Awareness of Cryptocurrency Value (Read 801 times)

Cynthia Felix · « **on:** June 03, 2022, 01:28:01 PM »

Gavin Wood co-founder of Ethereum said in quote “I would hope that people pay more attention to what is belying the currency name when they get involved in a community, ecosystem, economy,” This comment was made with reference to Luna stable-coin crash, the TerraUSD struggling and tether needing an urgent rescue. Truthfully, technology cannot prevent us from making mistakes like clicking a malicious link or investing wrongly, however, we learn everyday emphasis especially from mistakes but we should not neglect continuous conducting of due diligence as is will also be of create help to avoiding loss of funds.

Altcoins Talks - Cryptocurrency Forum · « **on:** June 03, 2022, 01:28:01 PM »

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mu_enrico · « **Reply #1 on:** June 03, 2022, 05:20:37 PM »

Malicious link is something in the past, nowadays no one will fall for such a scam. The scary one is the soft scam like UST-LUNA since people think it's a legit investment while it's actually just a Ponzi scheme. Solana is soon to be worthless as well with their useless network. Anyway, it's true that people should know the ins and outs of coins that they bought, just like the old phrase "Do Your Own Research."

SpenserReed · « **Reply #2 on:** June 04, 2022, 05:43:11 PM »

Quote from: Cynthia Felix on June 03, 2022, 01:28:01 PM

we learn everyday emphasis especially from mistakes but we should not neglect continuous conducting of due diligence as is will also be of create help to avoiding loss of funds.

I agree, the crypto market is tough - if you feel ecstatic about profits right now, you might start paying less attention to dangerous investments and then lose money...

gunhell16 · « **Reply #3 on:** June 11, 2022, 11:40:42 AM »

If I am going to look at it, the Founder of Luna became a scammer to his big community. I'm not accusing Him(Do Kwon), I just said because from Billions supply of Luna Do Kwon changed it to Trillions supply, in which was the cause of dumped price of Luna, and the Founder and owner got instantly got a trillions of dollars fund as well, and He was accused Fraud and tax evasion based on what heard and read in the rumor.

EthereumDev_ · « **Reply #4 on:** June 12, 2022, 06:29:12 AM »

The value of cryptocurrencies will always increase when there is good news that can trigger whales and investors to come in to provide support by putting their assets there, only now it may look like there is no life because the conditions at the exchange are not good.

gulu_khan · « **Reply #5 on:** June 12, 2022, 06:11:46 PM »

No one is ready for what has be done with Terra Luna , and too many crypto users make there loss in luna.. i also loss my investment and then they make another luna to scam again with users, if top 10 crypto coin liquidated then i think none of any coin been trusted , every thing is possible in crypto , so always stay tunned with crypto news and invest in trusted coin..