Good morning Traders
2 months ago I published a chart of LUNA calling it the 'outlier'. Well, LUNA is still the outlier here, but not for the same reasons, as it just lost nearly 97% of it's value in a few short days.
This kind of sell-off does not bear well for the future of the asset, but it is a good reminder for not marrying your trades - further in crypto.
A trader should trade and change their bias depending on market conditions or new information and never should go to the grave holding to a set-in-stone idea.
2 months ago I published a chart of LUNA calling it the 'outlier'. Well, LUNA is still the outlier here, but not for the same reasons, as it just lost nearly 97% of it's value in a few short days.
This kind of sell-off does not bear well for the future of the asset, but it is a good reminder for not marrying your trades - further in crypto.
A trader should trade and change their bias depending on market conditions or new information and never should go to the grave holding to a set-in-stone idea.