What I Learned From the Terra/Luna Crash

Photo by Kevin Quezada on Unsplash

I lost a lot of money on UST after the Terra/Luna crash. But honestly, I’m grateful that my first big loss happened this early, it’s an incredibly valuable lesson.

I thought I was not that risk averse, that I could deal with moderately big losses. All in all, this was indeed true as I didn’t feel so emotionally invested. After the de-peg of UST I felt only… stupid. But what is lost is now…