No system is Too Big to fail.
There is no system to be considered too big to fail. The same old advice remains one of the best for anything: “Never put all your eggs in one basket.” The Terra chain should serve as a lesson for everyone. I was on call yesterday with a financial expert and we discussed Luna. His reply was: “we should consider no system or financial organization too big to fail. When the process is faulty, failure is inevitable.” I am not a Luna holder, but one of my friends lost around $3,000 to Luna. I saw a post that one of the holders had lots of Lunas that were worth above $800,000, but it is only worth $1 today. I imagine a kind of word of encouragement that can cover $800,000. Also, the future is unclear. There are still unseen factors that can affect plans. Being proactive and checking for loopholes always is another solution for things like this and this shows there isn’t Utopia anywhere. Things can only be better.
The advice now is for everyone to understand the algorithm of every asset they will invest in, but it is so easy for everyone to understand the many big terms in blockchain processes. Not everyone will get a clear picture of how a system work. As of today, only a few people on the Hive blockchain understand how rewards are generated and what gives them value.
However, there are no two ways to do this. If you want to stay in this space and be happy. Learn how to understand processes and algorithms. Risk little in projects you don’t understand and invest in values you understand.
Remember, no system is too big to fail.
Posted Using LeoFinance Beta
They told me if I killed myself now it would save the lives of countless others.
Saying the longer I wait to kill myself the more people will suffer.
They are reckless and should have shown the proper media what they had before taking me hostage for 5 years. I know there are many in prison that dont deserve to be there because of this. Your stay in prison will not be fun @battleaxe and friends. People are going to want you dead when they find out what you did. I hope you die a slow painful death. You sick mother fuckers.
https://peakd.com/gangstalking/@acousticpulses/electronic-terrorism-and-gaslighting--if-you-downvote-this-post-you-are-part-of-the-problem
Its a terrorist act on American soil while some say its not real or Im a mental case. Many know its real. This is an ignored detrimental to humanity domestic and foreign threat. Ask informed soldiers in the American military what their oath is and tell them about the day you asked me why. Nobody has I guess. Maybe someone told ill informed soldiers they cant protect America from military leaders in control with ill intent. How do we protect locked up soldiers from telling the truth?
Obviously understanding a project before investing matters alot,but this is crypto where juicy offers rains and people don't really think of what could happen next.partaining to what happened to Luna,it's actually a lesson for everyone not just the investors there.everyone just need to cautious