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5120 sats \ 3 replies \ @MoonShrooms 15 Aug 2023 \ on: Alright, maxis. Which shitcoin broke your heart and got you rekt? bitcoin
Lost 250k when Terra Luna imploded.
I finally "won" the shitcoin gambling game with Luna after getting in decently at around $1-3, then all the way up.. never felt euphoria like that in my life when it reached $100+. I could finally quit my shitty $16/hr manufacturing warehouse job!! I was a genius! Free money! UST the Standard! Lunatics are gonna wagmi! All I do is win!
The grief I felt after it busted lasted months.
Thing is, I really dove into Terra Luna hardcore right after my best friend killed himself, it was a welcome distraction - I hated Ethereum and never used it.. Bitcoin was all I cared about. But I was curious about what I was hearing from the new DeFi scene.
Getting to learn DeFi on Terra, learning about leverage, messing with NFTs, liquidity pools, tokenomics... the endless bullshit to keep up with, dApps launching, DAO's, constant price checking on my phone throughout the day to adjust my LTV, it kept my mind busy from dealing with my emotions and grief of my buddy. When Luna imploded, I couldn't get out of bed for days. What a terrible feeling, all sorts of painful emotions swirling around at once.
From feeling blessed by God to laughed at by the Universe, and crypto twitter. From feeling "rich" (in my situation) to realizing the importance of my bitcoin stack in cold storage. From feeling smart to realizing I was a fucking idiot blinded by greed. Truly coping with the feeling of Loss, in all sorts of ways, including my best friend's death.. my wealth.. my friends' wealth... my online "communities" of Lunatics... the loss of confidence in myself.. just a dark pit, frens. All my orangepills over the years knew better, but I did it anyways. And the maxis were fucking right. Always.
Shitcoining is so reckless and dumb, I could have traded my Luna for 6 BTC at the top... such a moron.
And that's my shameful confession boys
Steady lads, bitcoin only. Happily stacking my way back up, no shitcoins, leverage, tokens, or games. Just hard work, and starting my own business. Doing much better now.
GENESIS