Wondering about Luna?As you will have seen me say and as my Followers know well.. If you trade a NEWLY found Cryptocurrency or Stock, it has not always established its true value. It is NEW to the market and lacks price data. You can find these HVA's (high volatility assets) are susceptible to hard and fast falls. This means you can be crunched and crunched fast..
This happens continually throughout history. Things that are unstable - New companies, New tokens/coins always lack price data. They are therefore at risk of shocks that cause a huge depreciation in their value. Investors get wiped out all at once from mass shorting.
When this happens you will be shocked. Once it happens you will find out AFTER the fall.
So, you do not have to Trade them. IF you do, you can be ultra careful on your risk, grading it inline with the cryptocurrency in question If its a HVA or very new. you can always stick to stable coins/tokens to minimise risk in your trading and look for consistent long term gains with lower risk. This is way safer and you can still make more money over time. You do not need huge wins once or twice. You can trade successfully over time and well.. not gamble.
Always Trade light and trade Asset types that are safe.
