May 13, 2022 – a day that surely many people in the crypto market will never forget.

The collapse of Terra (LUNA) at that time was not just a price drop. It was a “wipeout”. From nearly $100 straight down to 0.0000xx$ in just a few days. 99% vanished. Not a correction. Not a shakeout. But a massacre.
I still remember the feeling back then.
At first, confidence.
Falling from $80 to $60 — thinking it was an opportunity.
Back to $30 — starting to feel something was wrong, but still reassuring myself: “It’s a top coin, how can it die?”
Down to $10 — starting to sweat.
Down to $2, then below $1 — at this point, it’s no longer analysis, but hope.
A fragile hope that it will recover.
Hope that I couldn’t be wrong that badly.
Hope that “this must be the bottom”.
But the market doesn’t care about hope.
I added more money. Continuously P2P. Every time the price dropped, I told myself: “If I don’t buy at this price, I’ll regret it for life.” Only to wake up the next morning to find the account balance almost… gone.
That feeling is not just losing money.
It’s a feeling of helplessness.
It’s a feeling of self-blame.
It’s the feeling of jumping onto a sinking ship and still believing it will float again.
Looking back, I see myself back then as a moth. Not because of greed, but because of faith. Faith in the project. Faith in the community. Faith in the “stability mechanism”. Faith that crypto is the future.
And indeed, with crypto, nothing is impossible. Things that seem “too big to collapse” can still disappear overnight.