I put $1986 into LUNC! Progress report (May 28, 2022)

Greeting

Hello everyone.
How are you?
This is Shuichi Kawamura.

I put $1986 into LUNC! Progress report (May 28, 2022)

Now, for the cryptocurrency LUNC.
Current price.

It is a third of my purchase price.
So, about 256,000 yen became about 85,000 yen.
Well, I can say that I am surprised that the price is still there.

As you can imagine, the possibility of LUNC's price revival is close to zero.
I have high hopes for the new LUNA, but since TERRANet itself has been discredited to begin with, it is still a gamble.

Why did I buy LUNC in the first place?

The reason why I bought LUNC is that I bet on the revival of LUNC, which had fallen sharply, but the truth is that I failed to cut my losses.

I held $10,000 in USTC (formerly UST).
I had been informed that USTC was losing its peg to other dollar-denominated stable coins, but I naively assumed that it would soon be back to normal.

As it turns out, the UST collapsed rather cruelly instead of returning to normal, and my expectations were sorely mistaken.

I belatedly lost $10,000 in USTs and bought LUNC in desperation with the remainder of the money.

I am an unfit trader when I gamble in the name of trading in desperation.

Please take me as your role model.

Thank you for reading to the end.

Today's summary

Current unrealized loss: minus about 171,000 yen

P.S

I used msy's illustrations today as well.

Thank you msy for drawing a wonderful illustration.
Please continue to create fun illustrations.