Fire Sale
Happy Saturday everyone! I hope you noticed that today is a fire sale.
A lot of factors could be playing into the market dump. It's the start of the new year, omicron, feds hating ass, or Kosovo's crypto mining ban. Could it be the end of the bull market? Who knows, you can’t predict the markets. Those who do are lying to you. The best someone can do is make calculated assumptions of the direction of the market. For many in the industry, this would be considered a fire sale. Dollar-Cost Average (DCA), if you are speculating and want some exposure. So if you have $10-$20 sitting in that Louie wallet, why the hell not? Gang ain’t phased by a 30% drop, we eat 50% dumps for breakfast.
Terra Luna
Luna has crushed all of 2021, from an open price of $0.12 in March 2021 to $103 in December 2021. That is a 54568% increase in less than a year. Only in crypto can you see these gains… That is life-changing money, that's vacations for multiple lifetimes. Oh well, there are more opportunities. No time to cry over it. If you compare the crypto market to when the internet started, we are at the phase where computers are starting to show up in people's homes.
Why are we talking about $LUNA? Well, Terra ($LUNA) is now one of the biggest blockchains in the crypto space only second to Ethereum. It has surpassed Avalanche, Solana, Fantom, Polygon, and even Binance Smart Chain.
Sorry CZ, the people have spoken. Binance Smart Chain ain't the vibe.
$LUNA pumped because of its TOKENOMICS, partnerships, and popular protocols (programs/apps) that have launched on the Terra blockchain. We will be writing articles that explain blockchain and tokenomics, but today We will keep it short. But here are two videos you can watch that explain the blockchain.
It's okay if you do not get it at first. You do not need to be an expert on the blockchain. Knowledge of the blockchain has its advantages.
There will be a Spanish translation of this article and any future articles. 51 weeks left in the year! Let's get it!!
