Recently, the Crypto Assets market has experienced some Fluctuation, causing many new investors to feel uneasy. However, if we turn our attention to the LUNA crash event in May 2022, we may gain a deeper understanding of what the true impact of the market looks like.



At that time, LUNA, as the fourth largest mainstream Crypto Asset by market capitalization, experienced a catastrophic drop in just two days. It plummeted 90% on the first day, followed by another 90% drop on the second day. This situation is akin to Solana or Binance Coin losing almost all of their value within 48 hours today. Even more shocking is that LUNA fell from 120 dollars to nearly zero in less than a week.

This sudden crash triggered a chain reaction throughout the Crypto Assets circle, causing most altcoins to drop by an average of over 50% within a week. In contrast, the current market Fluctuation can be considered negligible.

For investors who have just entered this field, the current market fluctuations may have already made them feel uncomfortable. However, a true bear market is far more challenging than this. The brutality of the market often exceeds the imagination of novice investors, and only by experiencing a complete market cycle can one truly understand the risks involved and cultivate a sense of reverence for the market.

The mindset of investors needs to grow alongside the market. In the face of market fluctuations, it is crucial to remain calm and rational. Understanding significant historical events, such as the LUNA collapse, can help investors build a stronger psychological defense and prepare for potential market turmoil in the future.

Overall, the fluctuation of the crypto assets market is inevitable. New investors need to learn how to remain calm in such an environment, while also recognizing that the real market tests may be far more severe than what is currently being experienced. Only by withstanding the various trials of the market can investors steadily advance in this field full of opportunities and challenges.
LUNA-1.92%
SOL-3.4%
BNB-2.39%
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BearMarketGardenervip
· 08-21 00:34
I will never forget the day Luna collapsed.
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PanicSellervip
· 08-21 00:31
Can't run anymore, let's disperse.
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