My entry into crypto wasn't exactly smooth sailing. I threw $4,000 into LUNA on May 11, 2022—only to watch it evaporate as the entire project collapsed. That one-day timing? Pure bad luck, but also pure reality check.



What came next changed everything though. A friend walked me through some basics of actual trading, and suddenly it wasn't just about buying and holding into oblivion anymore. That crash, as brutal as it was, became the spark that pushed me to actually learn how markets work instead of just throwing money at hype.

Sometimes the hardest lessons hit deepest. My $4,000 mistake became the tuition fee for a completely different approach to crypto.
LUNA0.9%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 10
  • Repost
  • Share
Comment
Add a comment
Add a comment
MondayYoloFridayCry
· 01-22 05:15
Four thousand bucks... I almost got in back then, luckily I didn't follow.
View OriginalReply0
MerkleDreamer
· 01-22 02:11
I'm also in that Luna wave, a bloody lesson, brother.
View OriginalReply0
GhostWalletSleuth
· 01-20 13:24
Zhaiyu ate 4,000 in one bite, now I finally understand
View OriginalReply0
DustCollector
· 01-20 13:06
Hey, losing 4,000 yuan in tuition isn't a loss; at least I learned what market reality is all about.
View OriginalReply0
SpeakWithHatOn
· 01-19 11:10
Damn, that wave of LUNA really wiped us out... Four thousand yuan in tuition hurts a bit.
View OriginalReply0
SandwichTrader
· 01-19 11:05
Damn, I was also there during that LUNA wave. The 4000 yuan tuition fee was truly worth it.
View OriginalReply0
NotFinancialAdvice
· 01-19 11:00
Damn, losing 4000 bucks a day, that’s brutal.
View OriginalReply0
LiquidityHunter
· 01-19 10:56
The day Luna collapsed was truly a turning point in the industry, and many people paid this tuition fee.
View OriginalReply0
gaslight_gasfeez
· 01-19 10:48
Luna, I was there that day too. Just like that, 4000 bucks are gone, haha.
View OriginalReply0
MagicBean
· 01-19 10:43
Four thousand yuan tuition fee, really worth it
View OriginalReply0
View More
  • Pin