Terra Luna and Celsius have really opened my eyes to just how much money people have put into crypto

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Terra Luna and Celsius have really opened my eyes to just how much money people have put into crypto

I'm talking percentage of their overall wealth.

When Terra Luna collapsed and then subsequently Celsius went bankrupt the sheer amount of posts and comments talking about losing all their savings was startling. People putting hundreds of thousands of dollars in one project because they somehow trusted a commercial entity with everything they've saved.

The shear amount of risk that is involved with crypto just cannot be understated…..there just is absolutely no guarantee here, and really a high probability of not even breaking even.

Really having any amount in crypto that will negatively impact your quality of life if lost should be carefully considered. At the end of the day it's the individuals choice, but dam is it tragic seeing so much hurt from these failed projects months later.

submitted by /u/InevitableSoundOf
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