How This Man Just Caused a $45 BILLION Crash [Terra Luna]

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Do Kwon thought he could rule the crypto world with Terra Luna, instead what followed was the largest failure to occur in the crypto space.
Correction at 1:58 I showed the screenshot of the wrong project, it's supposed to be 'Basis Cash', not 'Basis Markets'. Sorry about that.
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www.euronews.com/next/2022/05...
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19 май 2022

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Комментарии : 10 тыс.

@ColdFusion 2 года назад

Through The Web Podcast episode where we discuss this story: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-X0NSChiMaEc.html

@secretbassrigs 2 года назад

I thought this was about China's real estate market 😂

@uncletan888 2 года назад

Binance have KYC. Such a big amount sold cannot be anonymous. Why Binance CEO keep quiet?

@cgokey5491 2 года назад

so this shows that this was really a ponzi scheme

@goldsilvervscrisiscollapse4320 2 года назад

You're wrong though. It wasn't this one man's fault. It was wall street giving him credibility. It was the media pumping up his visibility. It was the complicity of all those who got in early on his pyramid scheme and it was the very destiny of almost every crypto, if only people knew what a Ponzi scheme was

@buggaoff8160 2 года назад

'Safe' 'risk free' in crypto? umm I don't think there is a single person that knows anything about crypto would say that.

@dwj77 Год назад

20% returns, virtual risk free? The term “too good to be true” is a massive understatement.

@CristanMeijer Год назад

Yeah, with compound interest, this means you will going to get your money back 38 fold in 20 years. And not just for you, but for everybody holding the coin which totals billions of dollars. No matter how you spin it, that is going to fail

@IVANOOZE69 Год назад

Cosmos has an 18% yield in Exodus wallet. I've seen some pretty nice gains over the last couple years.

@0jas. Год назад

I think the idea was not wrong but it was not completely error free.

@joelwillems4081 Год назад

@@0jas. As the above person stated, you are "investing" in a ponzi scheme. There is no value in it at all. Literally zero. If you did a balance sheet analysis of this idea, it would always show nothing in assets. The only way it "makes' money is being getting other suckers to put in money. You might think there is strength in numbers and that combined interest will keep it afloat. It has never happened in history to this point.

@jupiterjones3789 Год назад

And you could withdraw the money at any given point - fixed returns, high returns, low risk and you can withdraw the money at any point? You don't get more than two of those in normal circumstances

@yourdadhasadogfilter2505 2 года назад

I'm no financial expert, but whenever I hear about such high returns, alarm bells go off in my head. To pay out that much, there has to be some sort of 'robbing Peter to pay Paul' sort of stuff going on

@bigbiscuit6751 2 года назад

Exactly

@Quickxote 2 года назад

High return means high risk too unfortunately

@rickrolled3666 2 года назад

ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-oCzQGhqgUk0.html Finally it's here

@TheProperMinter 2 года назад

in thrir defend what they are doing is the same US and EU governments are doing. just it is much more difficult to break them than Terra, but Soros did so

@tsYeng 2 года назад

The sad thing of "robbing Peter to pay Paul" is "Paul" is everywhere on the social media showing off how successful "Paul" was. That's why Utube ad is very annoying.

@nukingitout7591 Год назад

“The biggest crypto disaster of all”… FTX has entered the chat

@madhatterwonderland4834 Год назад

There's no biggest, only bigger and wider impact disastrous financial collapse as time move forward.

@mademsoisellerhapsody Год назад

@@madhatterwonderland4834 2029

@kabilannedincheliyin8094 Год назад

@@mademsoisellerhapsody Time Traveller, is that you?😂

@lordfarquard9902 Год назад

@@mademsoisellerhapsody 2024

@IcuJustKon Год назад

@@lordfarquard9902 2001

@hermanvisser4034 Год назад

ColdFusion, your channel must be one of the few absolutely premier channels on RU-vid. We are fortunate to be able to watch your content.

@prettypuff1 10 месяцев назад

This channel makes finance approachable. The explanations of complex market rules are clear and easy

@indicabadu5020 2 года назад

My cousin was heavily invested in Luna, he had all his savings there. I had some financial issues two months ago and asked him for help, he was reluctant at first but lent me almost half of what he had there. He called me two days after the crash thanking for needing his help, although he lost the rest of his savings he knew he had some safe with me. I just paid him back two days ago and he called to thank me again this morning.

@bobbabscoobydoo7115 2 года назад

@Theseus yeah honestly your friend is pretty dumb ,you don't put all your money in a cryptocurrency just cuz someone says it's risk free,there is always a risk that how you can gain and how you can lose

@dank2112 2 года назад

@Theseus a lot of investors don't know their fair share of economics history... I feel like this will happen with any generation unless economics becomes a mandatory subject

@endoetz 2 года назад

lucky for him.. sad to see many people lost their money. some lost millions, some had their 50k reduced into 2.5k because of his unstable coin UST, some not so "lucky".. so sad..

@tetrakoop 2 года назад

@女の子 yt wait wut?

@dongshengdi773 2 года назад

it is called Divine Intervention 🙏 you can be an atheist , you can believe the cup is half empty .

@tommykarrick9130 2 года назад

“There’s entertainment in watching companies die” There sure is Do Kwon, There sure is.

@Hew77 2 года назад

lol Don Key got it strainght up his ass lol

@transfanatic 2 года назад

Its been a ironical farce watching your company literally disappear DK

@TheCeki1982 Год назад

Nothing in life is perfect and everything comes to an end. We can say that after us there are happenings or misdeeds ... they will come to an end someday. My thoughts and opinion. And yes, watcing how big companies die ... fun.

@foto21 Год назад

Ummm yeah, revenge is a serious motivator in some cases. UNfortunately most people are smart enough the costs of revenge.

@jeremytheonlyone Год назад

He already tested the cycle of this ponzis in many forms and his last big shorts is on this huge fast project. Look at his body language you will know he is giving signals to people he already involved with.

@Psiros Год назад

Kwon: I just destroyed so many life savings. SBF: Amateur. Kwon: What did you say? SBF: AMATEUR!

@fenco_gbp Год назад

Talk to @RyanMossley he will help you get justice served and recover your funds. My profile carries his name ☝️.

@NEXTGENCOMEDY4XBOX Год назад

This was way worse than sbf

@mandeelyn6895 Год назад

Elizabeth Holmes: You guys are adorable

@ArielGonzalez1 Год назад

@@mandeelyn6895 bernie madoff: what did you say??

@weishi5286 Год назад

Fed: 💵

@comedyman4896 Год назад

To this day, the most valuable lesson anyone has taught me was when my dad told me "If something looks too good to be true, it probably is"

@Slymbeaux Год назад

That's so cool. I think I've heard that saying before and never knew your dad was the one that made that up. People will be quoting him for years to come.

@MTK90 Год назад

@@Slymbeaux its a quote written so long ago and his dad just used this quote to teach him. He missed typing NOT at the end.

@jerkhops3867 Год назад

@@Slymbeaux you sound like a pedantic nerd

@thiagosihla9827 Год назад

true, scammers and colluders are really scamming rich people and unfortunately the most vulnerable are working class people top earners dont feel much Im sorry to anyone who lost

@willchenners8018 Год назад

he didnt teach you much

@Twiiidy 2 года назад

It feels amazing watching a thorough historical documentary of an event that happened THIS MONTH

@itsvmmc 2 года назад

Feels even more amazing actually experiencing it :)

@MTOcreations 2 года назад

@@itsvmmc 🥲it hurts lol

@getonthecrossanddontlookba5004 2 года назад

Repent to Jesus Christ “And my God will meet all your needs according to the riches of his glory in Christ Jesus.” ‭‭Philippians‬ ‭4:19‬ ‭NIV‬‬ hh

@toro_bravo9420 2 года назад

Lol, yeah movie is next

@rohankurian5641 2 года назад

😂✌👊 this day you mean 😇

@randm4246 2 года назад

Do Kwan actually saved me thousands of dollars. I was very close to shifting the money I had in Bitcoin to Luna when it was at about $110, so I started to do some research and reviewed his Twitter account. When I saw how he responded to legit concerns about his project with childish insults (calling people poor) I knew right then and there I did not want him managing my money. If he can't defend well thought out and reasonable concerns on Twitter, how could he defend his peg when it was under a brutal attack. So glad I passed.

@VibeCheckerzz 2 года назад

Having a brain helps avoiding stuff like this

@FesteringRatSub 2 года назад

Good job on doing the research. I basically did the same but I did not like the stable coin.

@themercifulguard3971 2 года назад

This guy shorted

@KashWill9 2 года назад

You dodged a serious bullet my guy!

@tetrakoop 2 года назад

why the fuck would you think luna has safer coding than bitcoin? lol

@burgerjointgame Год назад

Brilliant documentary about Terra Luna! It's so sad that crypto - which is highly risky and complex - seems to appeal most strongly to the least sophisticated investors who really have no business messing with it in the first place. They are like lambs to the slaughter. From that perspective, the marketing for crypto is next-level genius. It's taking something terrifyingly risky and making it appealing with futuristic slogans and artwork.

@thierrydebrunhoff5869 Год назад

Hehe that's why it's so lucrative

@EricAjimine Год назад

The documentary never talks about how Do Kwon himself pulled out millions for himself. Maybe his company is kaput, but he walked away with millions regardless. Same with Mashinsky. The last one holding the bag is the loser. I guarantee the same with SBF. They all siphoned millions to billions for themselves.

@qjtvaddict Год назад

That’s why we need better paying jobs

@thomasherrin6798 Год назад

It's the greed factor!?!

@DucatiPaso750 Год назад

@@thomasherrin6798 it's also FOMO: Fear Of Missing Out.

@RadioUgly Год назад

I remember years ago everybody 'Bragging' on Social Media that they were gonna be Rich and we could all 'stay Poor if we wanted to.' I never trusted it. I kind of figured something like this would happen. I like my Money REAL and in my hands. I'm Old Fashioned.

@ronskancke1489 Год назад

It got really old listening to all the blowhard crowing about how much money they were making off bitcoin and other cryptos. And we were all stupid for not jumping in. Well, I still have all of my silver.

@luvsilly60 Год назад

Pretty sad when people lose everything over a token and others make money shaking on tick tock.

@jeffn9952 Месяц назад

Money doesn't have value if people aren't producing something that we all want in exchange for it, a.k.a earning it. Nobody bragging about short-term speculative gains is giving their money value, so it's just a collectible. If the dollar collapsed, are those of us who actually produce wealth going to kiss crypto holders' a**es for some of their "money"? Absolutely not; those of us with skills and a desire to be a part of something greater than ourselves will continue to produce value, and trade with each other, with no currency at all - until a new currency catches on that rewards the right kinds of people. Where do crypto holders fit into this equation? They don't, and they'll be begging for scraps - in their best case fantasy situation where the dollar actually fails.

@gsofficial 2 года назад

Here's the only financial lesson you will ever need: If a financial instrument gives you the feeling that you finally have this whole money thing figured out, get the hell out of there.

@placeholderdoe Год назад

“If you feel like you know something about money get out” that’s brutal but true honesty

@RSI24 Год назад

I figured out the money thing. It's called hard work.

@Bhodisatvas Год назад

Also if something ends in 'coin' then run.

@Dogpool Год назад

@@RSI24 good one. I’ll tell that to the immigrant farm workers. Just keep at it, this is how money works.

@74KU Год назад

@@RSI24 Wrong unfortunately, in some economies the harder the average person works the worse off they are through the tax system. Money is slavery, you can't work it out, you cant climb up. The reason we cheer on and take interest those few who do rise above it all is because they are exceptional, not the rule.

@0xander_ Год назад

Do Kwon: “There’s entertainment in watching companies die” Fate loves irony!

@munkvlog245 Год назад

I've never heard or seen any of Mr Frederick clients complain of lost....I think he's just too perfect.

@senatorrandpaul4807 Год назад

Wonderful! It's great to see others who also benefits from the service of Mr Frederick, I'm currently on my 6th trade with him and it has been a nice experience.

@santiagojonathan7620 Год назад

I'm definitely going for a long term trade this season

@user-ci9jf7ck7m Год назад

@Jefferson Benson i wonder how he feels now😂

@oozly9291 Год назад

@@user-ci9jf7ck7m wdym?

@JFSBSWz2XlQKcI8 Год назад

I'm glad I didn't get caught up in the $LUNA hype. Last year, a lot of people were shilling this coin, and I was about to FOMO into it, but the price was too high at the time, so I waited for it to drop, but it didn't, so I couldn't buy it, which I think is a blessing in disguise.

@grassrootsflshp Год назад

One of the most informative, well-produced channels in YT-space! Subbed.

@andrejsasd8904 Год назад

1) There's no such thing as a "risk free investment" 2) Never invest and/ or lend money you can't afford to lose

@masok600 Год назад

Common sense aint' so common...

@Mezha07 Год назад

this is so common to have when it comes to investing but some people tend to ingore this for the chance of being insanely rich without much effort and that comes to bite them back very hard and i still find it shocking that some people even invest using life savings instead of money they're willing to lose if i could give any advice to prospect investors it's always to have your financial security first before you make plans to attain financial freedom

@moonverine Год назад

By that metric, I can afford to invest... ... ... -50 bucks.

@jiogcyihsugyiocjfdoivhphvw6821 Год назад

wow r u the first person to ever come up with those advice???????????????

@stephenchurch1784 Год назад

@@moonverine Do it. I'm going to assume you're somewhere around 25 because of the demographics of youtube. If you invest $50 dollars today and get the average market return (8% compounding annually) it'll be worth about $1k by retirement

@_swork_ 2 года назад

The ego of Do Kwan was massively understated in this video. Multiple tweets to Do explaining exactly how this attack could unfold beforehand were met with Do saying he "dared billionaires to try" and mocked people on twitter saying 'have fun staying poor." He literally invited this attack. And Terra was planning on buying $10b worth of BTC to back UST which would have severely impacted the entire crypto market when he market dumped BTC to try to save UST. He's in a video saying his plan was to acquire that much BTC because if UST failed, the whole crypto market would fail....essentially looping the entire asset class into his ponzi-nomics.

@ShkippyPeanutButter 2 года назад

I'd say that's all anger talking, who wouldn't be pissed losing a lot who was heavily invested in their proj and bet all of their faiths in it

@lezliewhicker8450 2 года назад

@@ericalorraine7943 I'll suggest you lookup Priscilla Dearmin-Turner, she's now our real investment prodigy since the crash and have help me recovered my loses

@davidhudson3001 2 года назад

A CNBC news host spoke so highly of💕 Priscilla Dearmin-Turner and her loss prevention strategies been trying to get to her ever since

@jewellwalker9808 2 года назад

@@lezliewhicker8450 Thank you for the information i just lookup her name online and found her accreditation on FINRA and SEC, she seems really solid. I leave her a mail on her webpage🙏

@dr.ervingalen1777 2 года назад

I paid off $892000 loan within 9 months, all thanks to Madam Priscilla! So happy we are finally onto baby step 4, 5 & 6! Amazing! 🇨🇦

@cyberherbalist Год назад

Just for lark (because I'm not stupid), I put $100 into Terra Luna, and a few months later it had gone up to $1400 or so. I was pretty pleased with this, and wondered how high it would go from there. And then suddenly it was gone. Oh, well, I've paid $100 for useless crap before, so no big deal. It's nice to finally hear what happened. At the same time I put $100 into Bitcoin just to see what would happen, and of course it's worth about $27 now. Now I'm stacking silver and gold coins. Might not go up insanely, but at least it is likely to preserve wealth and not turn into vapor.

@nurlindafsihotang49 Год назад

Yep. In all my years studying economics (all and it's history), golden rule in investing "read the wind", and " if you heard it everywhere, the windows for great return of investment are gone, prepare to crash". I am sad for those whom lost their savings. Seen it in 98 in asia.

@MandyWoodArtist Год назад

You seem to have good ideas what to work out what to get into, just learn when to get out. The stop-loss orders can be preset.

@tachtruth Год назад

Maybe golf clubs will suffice in a financial crisis,

@cyberherbalist Год назад

@@tachtruth - Yes, maybe for self-defense.

@OttoPollmann Год назад

if the digital currency is coming your Gold and Silver will be worthless because nobody can or will convert it back into a digital currency or goods, ergo nobody will give you anything for it, its just a chunk of metal. In Germany you have already a cash limitation of 10K where the banks requiring a proof of origin and if you think, never mind I will just change smaller amont, if you doing this to often this will also trigger some alarms. Denmark is virtually cash free. WEF, Klaus Schwab, you will own nothing and you will be happy. Welcome in hell.

@raulmontr Год назад

Launching a Terra 2.0 after the first one crashing so bad is like if at the end of the FMA B journey, Ed and Al decides to revive their dead mother once again 💀

@whatspp3327 Год назад

❤️❤️👆👆Have a great day , tell Expert Jim I recommended you to join the team for a profitable and costed strategy, thanks for your rewiew✍️❤❤❤❤

@peteramie Год назад

The funny thing is stupid new people will pump money into this new ponzi. Then 2.0 will collapse into 3.0 and 4.0 and so on. People are just creedy

@frost171 8 месяцев назад

FMA ez clap

@sanghoonlee5171 2 года назад

Literally a week before the crash, this dude had the nerve to tell an interviewer that he will have fun watching other cryptos crash.

@that1nerdyblackgirl736 2 года назад

R/AgedLikeMilk

@ninab.4540 2 года назад

Could it be that crypto geniuses made Luna fail to teach Kwon a lesson?

@chaoticspiro 2 года назад

@@ninab.4540 I think you could be onto something there ..

@notorioustori 2 года назад

Pride comes before the fall.

@cuddlecakes7153 2 года назад

@@ninab.4540 Definitely. He was also taunting people who didn't buy his coin on Twitter so this was gonna happen eventually with his attitude

@NeorecnamorceN 2 года назад

"Only put in what you are willing to lose" Truly words to live by in the crypto space. Also, diversify, diversify, diversify!

@Narrowcros 2 года назад

True, the only reason why I was a little worried about UST was because it wasnt backed by real dollars.

@rickrolled3666 2 года назад

ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-oCzQGhqgUk0.html Finally it's here

@RobbieeeG 2 года назад

diversifying is stupid

@SirApesALot 2 года назад

amen brother

@gregsalisbury4967 2 года назад

@@Narrowcros most coins that i second guessed myself on, but then end up buying due to social pressure, almost always turns out to be a bad call

@noramero2955 Год назад

It’s insane how people give these kids with no experience this amount of money.

@DeltaPi314 Год назад

"The mother of idiots is always pregnant" Italian proverb.

@Suursteruim Год назад

It's insane how many people give old people insane amounts of money ------------> 2008. Moral of the story other people's money corrupts minds lots of other people's money absolute corrupts people.

@bobturner3388 Год назад

i AGREE! tHESE INVESTORS ARE GIVING LIFE SAVINGS TO KIDS IN THEIR 20"S. NO 20-30YR OLD HAS THE EXPERIENCE TO HANDLE SUCH A LARGE TASK

@ezwa9979 Год назад

sounds like your all talking about FTX without sayng it👋😒

@noramero2955 Год назад

@@ezwa9979 there are a dozen crypto businesses that are built similar; same preppy 20year old with little experience, attempting to be the next zuckenburg.

@coolvideos8019 Год назад

FTX explained: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-20BEJouWBgY.html

@shadowninja6689 2 года назад

There's a simple way to have known that Tera was a scam. It was promising a 20% interest rate in a near zero interest rate environment. No explanation of their business model or fundamentals could possibly justify that kind of an absurd interest rate when they could easily borrow money for significantly less.

@brunodosreis 2 года назад

It blows my mind how many people never question “where will my paycheck/return come from?”

@banagan4604 2 года назад

@@brunodosreis most people are greedy morons

@sweetspice9120 2 года назад

Ppl get carried away by stereotypes and greed. These guys are not smarter than you. You are just blinded by their degrees and your greed

@resikchanel843 2 года назад

Last fight ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-u9lBC-kGWkE.html

@mugshotmarley 2 года назад

Why are people saying this? LUNA wasnt promising 20% interest returns. Even if you staked your LUNA crypto (most people don't), at the most, you'll get 6%, depending on which market manager. Most were less than 6%

@gfuentes86 2 года назад

Nothing like starting the day with a little ColdFusion

@aymane.bencheikh 2 года назад

you're absolutely right!

@R3WIRED 2 года назад

Good Morning! It's 11pm here and 9pm in Cold Fusions state I believe. :)

@ngunva5256 2 года назад

@@R3WIRED its 8 pm for me 🥹🥹

@AllocatorsAsia 2 года назад

@@R3WIRED can confirm, 9pm here in Perth

@lockdownchaos4068 2 года назад

Indeed ☕️

@BourdeoixEterno Год назад

Love how educated and respectful the cold fusion comments are. A breath of fresh air

@wyattgillette1281 Год назад

Automatic subtitles write "Terror System" each time Terra System is mentioned. Pretty accurate.

@charlesmark5436 2 года назад

this guy breaks things down to the barest, and his voice is chilling, one of the best creators on RU-vid

@abrahamalviarez5870 2 года назад

his series about the criminals in wall street are amazing, from theranos to enron, every video is just TV quality.

@Concatenate 2 года назад

Dagogo is probably the best person on the planet.

@Li0nshare 2 года назад

Cold fusion. It’s new thinking 💭

@jasonargonaught8744 2 года назад

I am actually surprised by his statement that he interviewed people for this story.That's impressive. For RU-vid.

@cliffbooth4826 2 года назад

Dagogo is the type of creator that Netflix should target

@Avarua59 2 года назад

It took 2.5 years but that guy at the 2019 Blockchain conference was on point regarding Terra's death spiral possibility.

@curry67 2 года назад

whats his name?

@novanebz3634 2 года назад

@@curry67 name?????

@eddiervo 2 года назад

Nevin Freeman, Reserve Protocol

@colossalquasar9313 2 года назад

gave someone the idea maybe🤷🏽‍♂️

@masterminessupport4627 2 года назад

👆👆👆👆👆 *Am happy seeing good recommendations about this dude your service is trusted and tested, £45,700 rècovered successfully using his STRATEGY*

@DannyTillotson Год назад

"If it sounds too good to be true, it probably is." Always keep that in mind when money seems to be too easy to make.

@chickenfeetfordinner5804 Год назад

Once again a great video from Coldfusion.Thankyou !

@ChengTeoh 2 года назад

When in history has there ever been an investment that could earn you 20% a year that was low risk? The only thing that I can think of at the moment that even comes close is the Series I Bonds that is currently paying 9.62%.

@raul0ca 2 года назад

Turkish Lira?

@Zerinsakech 2 года назад

@@raul0ca American dollar, but at this point it might as well be a Lira

@d1p70 2 года назад

@@raul0ca he said "low risk"

@choreomaniac 2 года назад

And that’s limited to $10k per person per year and floats so in a year it could be half that rate. Also, it’s locked in for a year and penalizes early withdrawals. If Luna locked for even a week, or let rates float or penalized early withdrawals or limited investments he would probably still be around.

@vincentferrere3588 2 года назад

In 2009, $1 would of got you 100 btc. Is that low risk enough for YOU. 100 x $30,000 at around today's prices and you end up with $3 million.

@OJsLeftGlove 2 года назад

As someone with a gambling problem, I think people use the word "investment" to hide what they're really doing, even from themselves...

@DigSamurai 2 года назад

An astute and accurate observation.

@lemster101 2 года назад

Yup, I never touched crypto but thought to throw some money at Luna at the dip. Literal throwaway money I won't miss for a second, mostly to try and understand the whole crypto thing a little better and see what happens. I have friends who call themselves crypto traders/investors who are now talking about strategies for me to follow and how I'm in the game now and have a good starting portfolio. No. This is gambling. This money I put in is like buying a lottery ticket. But it is scary. I apparently got quite lucky with where I bought because I've only had profit since and it almost tricks you into believing you have a skill and you start to wonder if you can/should make more moves. I don't gamble normally, I don't buy lottery tickets etc, so it's relatively easy for me to stick to my original plan of throwing away a couple bucks to see how this whole thing plays out, but even I can feel the pull of putting in more.

@orkhepaj 2 года назад

yep , none of them are innocent

@LikaLaruku 2 года назад

I see little difference between crypto investors, stock brokers, people who buy lottery tickets, people who gamble, & thrill-seekers who jump out of planes with bungie cords, & as guy who drives 10 over the speed limit while playing with his GPS. Risk-taking gives them a dopamine rush. Gotta get that next hit, even at the risk of losing it all.

@inconvenienttruths7953 2 года назад

Whenever any other system threatens the US financial system/network it will be shutdown using any means necessary. This crash was a classic case. The plan involved US crypto investment management firms Blackrock and Citadel, according to a message sent to Hoskinson by a person named Anna, who claimed to have borrowed 100,000 Bitcoins from Gemini. These firms were supposed to have changed 25,000 Bitcoins into UST after receiving the total amount.They then contacted Do Kwon, saying to want to sell a large amount of BTC for UST. They were alleged to have offered to sell a large number of BTC for a discounted price, which the latter accepted. Unfortunately, this resulted in UST’s liquidity being reduced. When this happened, Blackrock and Citadel allegedly dumped all of the bitcoins and the UST, causing massive slippage and forcing liquidation of both assets.The purpose of these RU-vid propaganda videos is to misdirect, slander and create convenient 'foreign villains' (Russians/Chinese/Japanese/Koreans etc) from peer competitors in order to enforce regulations to preserve the US status quo 😉

@ricklarsen7477 Год назад

You could call Do Kwon a stable genius, but in reality he was an unstable genius.

@DrFunds Год назад

Great content Dagogo , please always put the year on all your dates though. When I watch your older videos I sometimes find myself thinking it's all 2022. Lol

@melvinbarnett1910 Год назад

Just remove Terra and replace with FTX and you basically have the same story, so I say no date the lessons remain relevant and current.

@cervelo9465 2 года назад

The 20% interest rate was supermassive red flag. Absolutely ridiculous.

@wood-wheel-wizard 2 года назад

Biiiitconnnect!

@user-gy9hq5cb1f 2 года назад

Thats why “Interest” is not allowed in Islam. God knows best brothers. 🙏🏼 stay safe. Stay away from interest. Work hard for your money. Invest wisely.

@maxwell9999999 2 года назад

The defecne, which was rational and that everyone kinda accepted was that: They use the 20% to attract users and grow their blockchain ecosystem, and when funds go lower, they reduce the interest rate until it's like other stable coins interest rate (few %)

@rayhans7887 2 года назад

@@user-gy9hq5cb1f lmaoo without "interest" economy don’t work

@ahmadraihan327 2 года назад

@@rayhans7887 and why is that?

@jbarkley4938653 2 года назад

Do Kwon, “95% of the businesses in this space is going to die.” He knew before making that statement.

@aayatrubab 2 года назад

Agree, according to above statement terra had a mere 5% chance of success. :D

@eckosama 2 года назад

the irony :(

@vasilisvolos 2 года назад

I dont want to imply someone or anything, Terra is a ponzi. It was born to fail.

@Juventinos 2 года назад

95% ?? he knows shit. 100% will!

@joshmarden9933 2 года назад

@@eckosama not irony, it's all a scam. if it's not shiny or physical chances are it's not worth anything. buy shiny and land/real estate, everything else is a gamble for fun money

@michealryan9664 Год назад

People took out second mortgages to put into an unregulated cryptocurrency? I don’t think the people deserved it, but they broke the cardinal rule of investing and now they have to pay the price

@Hank.. 7 месяцев назад

"I don't understand how this could've happened to me. All I did was put all my savings into a business venture I know literally nothing about that promises comically high returns at an impossible consistency." I don't understand how grown adults get involved with things like that and don't question anything

@TackerTacker 2 года назад

Everyone should know that it's a scam as soon as they hear "20% guarantied growth" or any growth guaranty for that matte. Simple as that. I also disagree that these people wanted stability, they wanted quick and easy money.

@rickrolled3666 2 года назад

ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-oCzQGhqgUk0.html Finally it's here

@Bruceylancer 2 года назад

Exactly! If you want stability, you buy S&P500. Not some imaginary internet coins.

@Hamburger-Jungs 2 года назад

@@Bruceylancer so cbdc means you will move to forest and live there ?

@OffGridInvestor 2 года назад

Bitconneeeeccccct!!! It was much the same. They were meant to lend AND invest users money but no one was on the lending side. It was all nerds ONLY investing for a GUARANTEED high return. And it was all completely unsustainable.

@jamesbedford7327 2 года назад

Any investment that produces more than single digit % returns should make you sceptical The only investment in the UK that would easily make more than that is building homes

@toetoteotictectoe1451 Год назад

He reminds me of celebrities living in hollywood bubbles. Here in Korea I’ve seen lots of controversies around kpop stars, other celebrities and some wealthy people about being rude to the ordinary people. Having more successful career than anyone and being prettier than others granted them to act such ways and then society didn’t do much about it since they are so successful, it didn’t matter what kinda personalities they own

@mas-udal-hassan9277 5 месяцев назад

😅😅😅

@chocolatecookie8571 3 месяца назад

I believe in Terru Luna. The ride is not over yet. It is just starting.

@lilbykings Год назад

A big round of applause for the amount of work you put into your research. Great job! 👏🏾👏🏾👏🏾👏🏾👏🏾👏🏾❤️

@kapillantigua1504 2 года назад

I lived in South Korea for 7 years and I can say that because of the hierarchical culture there, bosses tend to have inflated egos, causing trouble in the companies.

@HShango 2 года назад

Same thing in China and Japan, their work culture is terrible. I'm super glad I don't live in China, Japan and South korea

@Gantradies 2 года назад

Yeah- a cargo plane pilot flew a 3-man plane into the ground there a while back after getting severely spatially disoriented- the engineer and copilot were so indoctrinated to follow authority they didn’t do anything even when they knew they were going into the ground…

@kapillantigua1504 2 года назад

@@Gantradies yeah i heard about this too. From that time on the use English exclusively for air control, not korean.

@n.e.g.u.s 2 года назад

@@Gantradies read about this in a book titled outliers by gladwell. had to switch languages on their planes just to circumvent these predicaments during future flights as the comment above mine mentioned.

@Goodfellow1234567 2 года назад

@@HShango ,how does this have anything to do living in those countries? this is a silly comment. Tell me which boss in any company of any countries doesn't have an ego to control things the way he wants. To those who lose money, it's their greed that caused their loss, not this young man. He is just another ambitious 30 yr old man trying to make it in this greedy world filled with greedy capitalism culture.

@philippekogler Год назад

Bloomberg: LUNA biggest scam ever Sam Bankman-Fried, CEO, FTX: Wait! Hold my Token

@badbeatking80 9 месяцев назад

Seems like the Forbes has to do a better job getting their 30 under 30 list

@BewareTheLilyOfTheValley 2 года назад

The ability to have this video out so soon is amazing. Thank you for your hard work and for bringing news to me I wouldn't have known of otherwise.

@JESUSCHRIST-ONLYWAYTOHEAVEN 2 года назад

GOD'S STANDARD FOR HEAVEN IS PERFECTION AND ONLY JESUS (THE SON OF GOD/GOD IN THE FLESH) LIVED THAT PERFECT LIFE! HE LAID DOWN HIS LIFE & TOOK THE WRATH OF THE FATHER ON THE CROSS FOR YOUR SINS! GOD IS JUST SO HE MUST PUNISH SIN & HE IS HOLY SO NO SIN CAN ENTER HIS KINGDOM OF HEAVEN. IF YOU ARE IN CHRIST ON JUDGEMENT DAY GOD WILL SEE YOU AS HIS PERFECT SON (SINLESS SINCE YOUR SINS ARE COVERED BY JESUS' OFFERING). YOU CAN ALSO CHOOSE TO REJECT JESUS' GIFT/SACRIFICE & PAY FOR YOUR OWN SIN WITH DEATH (HELL) BUT THAT SEEMS PRETTY FOOLISH! GOD SEES & HEARS EVERYTHING YOU HAVE SAID & DONE. YOU WONT WIN AN ARGUMENT WITH HIM & YOU CANT DEFEND ANY OF YOUR SINS TO HIM. YOU'RE NOT A GOOD PERSON, I'M NOT A GOOD PERSON... ONLY GOD IS GOOD! WE'RE ALL GUILTY WITHOUT ACCEPTING JESUS' SACRIFICE FOR OUR SINS! MUHAMMAD DIDN'T DIE FOR YOUR SINS, BUDDHA DIDN'T DIE FOR YOUR SINS, NO PASTOR/NO PRIEST/NO SAINT/NO ANCESTOR DIED FOR YOUR SINS, MARY DIDN'T, THE POPE DIDN'T EITHER, NO IDOLS OR FALSE gods DIED FOR YOUR SINS, NO MUSICIAN OR CELEBRITY DIED FOR YOUR SINS, NO INFLUENCER OR RU-vid STAR DIED FOR YOUR SINS, NO SCIENTIST OR POLITICIAN DIED FOR YOUR SINS, NO ATHLETE OR ACTOR DIED FOR YOUR SINS! STOP IDOLIZING & WORSHIPING THESE PEOPLE! JESUS CHRIST ALONE DIED FOR YOUR SINS & WAS RESURRECTED FROM THE GRAVE! HE IS ALIVE & COMING BACK VERY VERY SOON WITH JUDGEMENT (THESE ARE END TIMES)! PREPARE YOURSELVES, TURN FROM SIN & RUN TO JESUS! HE KNOWS YOUR PAIN & TROUBLES, HE WANTS TO HEAL & RESTORE YOU! TALK TO HIM LIKE A BEST FRIEND! ASK HIM TO REVEAL HIMSELF TO YOU & HELP YOU TO BELIEVE IF YOU DOUBT! DON'T WAIT TO CRY OUT! NO ONE IS PROMISED TOMORROW! HE LONGS FOR YOU TO INVITE HIM IN, HE LOVES YOU MORE THAN ANY PERSON EVER COULD, HE CREATED YOU! Jesus answered, “I am the way and the truth and the life. No one comes to the Father except through me."-John 14:6 "But whosoever shall deny me before men, him will I also deny before my Father which is in heaven."-Matthew 10:33 “For the wages of sin is death (hell), but the gift of God is eternal life in Christ Jesus our Lord”-Romans 6:23

@davidpalmer9780 2 года назад

I agree... a ton of research goes into these videos along with a huge effort to format the reseached material into an easy to watch, understand & learn video production. This video is of the quality of a mainstream media documentary and for that, I say thank you very much.

@tetrakoop 2 года назад

dont invest in crypto then, simple

@BewareTheLilyOfTheValley 2 года назад

...the hell are all these bot comments gravitating to here? 😂

@resikchanel843 2 года назад

Last fight ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-u9lBC-kGWkE.html

@Pancakegr8 2 года назад

14:57 It's crazy to see that life ends the same way it begins: because someone didn't pull out in time.

@tanmay8017 2 года назад

😂😂

@moochoopr9551 2 года назад

I'll see you in hell 🤣

@resikchanel843 2 года назад

Last fight ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-u9lBC-kGWkE.html

@oroville12345 2 года назад

This is why you always wear a condom.

@deegidoogi 11 месяцев назад

@coldfusion You’re Doing the world a favor bro! Keep up the good work!

@automioai Год назад

your videos are so somooth, amazing way to share info. tnx

@metrix6109 2 года назад

I do not understand how people do not get suspicious if somebody promotes a safe asset with 20% return. There is always a risk especially with such high promised returns and it is just foolish to use coins like that as bank accounts for your savings. It is tragic that a lot of people lost money but it is their own fault. Even if for these people it might not have felt like a speculative asset because of their lack of knowledge it always was very speculativ but many just realized it after the crash.

@McCoyM4 2 года назад

It was never safe. People just got on the hype train just like 1929 or 2008 crash. Everybody thinks they are genius and piles in without ever looking at what they are actually investing in. When the music stops playing, liquidity dries up and boom. Happens over and over, cycle to cycle.

@LoganNagol 2 года назад

I actually don’t think it’s so much people being ignorant, but people just having so much information and exposure constantly that they end up losing that speculation. The 20% return should definitely be a red flag, but the more someone reads about it and the more your brain will normalize it. The internet allows people enough info where anyone can convinces themselves of anything given enough “research”

@metrix6109 2 года назад

@@llIllIlI of course are 20% not much compared to some other coins but these coins with multiple hundert percents return were purely speculativ and people where more aware of the risks. In Luna a lot of people put all there savings and assumed it is a safe investment but there is no free lunch, not at Wallstreet and certainly not in cryptos.

@danielpincu6030 2 года назад

Correct me if I am wrong but doesn’t General Mills have a crazy high dividend like 20% dividend.

@energeticwhirlpool8666 2 года назад

@@danielpincu6030 General Mills gives about 3 percent dividend.

@interpretercarlos478 2 года назад

This shows how integrity is something we lack. all the intelligence, technology, glitter goes to waste when the morals are corrupt

@sumanyusinha3292 2 года назад

Amazing inerence.

@ehornehorn1893 2 года назад

just shows how people don't do their do-diligence on research or the understanding of market mechanics

@TheMalaki28 2 года назад

@@ehornehorn1893 EXACTLY!!!! There are other tokens / coins that took this into account... *cough* *cough* ISO20022 compliant coins.... but like you mentioned no one wants to do their research!! Well said!!

@kimgysen10 2 года назад

@@ehornehorn1893 Problem is everybody has their own definition of due diligence and how they choose to weigh different factors. In the end it's all one big gamble, as are all life decisions probably.

@petecabrina 2 года назад

Welcome to humanity 😄

@southwestxnorthwest Год назад

The Zero 7 backing track was a nice touch

@Connorthecatsdad Год назад

This video really helped me understand crypto better, what it is, and what its potential drawbacks are. I appreciate that even in light of some of the massive failings of crypto, they don't vilify the currency or paint it as a dead end idea, but they do very eloquently show the risks of hype culture and over-sensationalization

@jupiterjones3789 Год назад

I liked the video, too, but it doesn't really explain cryptocurrencies as such

@pgpc6448 Год назад

I invested early on, saw the fall and got out, doubled my investment. You have to watch it like a hawk. Investing is risking.

@ittaiklein8541 2 года назад

"If it sounds too good to be true - It is not true." This is as old as the hills and always true.

@ittaiklein8541 2 года назад

@untuk🌷 this doesn't even parse - why is it highlighted ?

@mifino 2 года назад

Kwon named his daughter Luna, announcing the birth in April 2022 by tweeting “My dearest creation named after my greatest invention.” - that name aged well

@dontcomply3976 2 года назад

I hope she doesn't turn out the same way

@joshmarden9933 2 года назад

@@dontcomply3976 going down on all the dudes that invested in her?

@thetripledogdareshow4161 2 года назад

Ouch!

@xoizhyk 2 года назад

or call it after Luna *a Dota 2 character* (gaming) lol

@tkdevlop 2 года назад

So we can all say Luna got fuked pretty harrdd

@bt4582 Год назад

This is a great video as usual! Can you please do a video on 3AC? It is a pattern that a person becomes rich and successful and then becomes arrogant and overconfident and then the loses all. This may have been avoided if instead of being overconfident (even behind the scenes at least), Do had taken this seriously and tried to implement strategies and protocols to prevent this.

@alankent4468 Год назад

Putting our time and effort in activities and investments that will yield a profitable return in the future is what we should be aiming for. Success depends on the actions or steps you take to achieve it.

@alankent4468 Год назад

@Andrew Jack There are many reasons for this drop in value. One of the main reasons is that there is an ongoing debate about whether or not Bitcoin should be regulated as a security or as a currency.

@edmondbrown4964 Год назад

@Brandon George Really lost a lot in the stock market, can you link me with to him, Does he do free consultation?

@timwestway9313 Год назад

This is not the first time i am hearing of Jeffrey Sinclair and his exploits, how he handles investments and generates good outcomes, he has really made a good name for himself, but i have no idea on how to reach him

@brianbarker3370 Год назад

How can I be part of this project? I earnestly hope to build a strong financial future

@bryanseamans6895 Год назад

@@brianbarker3370 If you are not conversant with the markets, I'd advise you to get some kind of advise or assistance from a financial/investing coach. It might sound basic or generic, but getting in touch with an investment broker was how I was able to outperform the market and raise a profit of $150,000 For me, its the most ideal way to jump into the market these days

@VIVALAFIFA87 2 года назад

NEVER RISK MORE YOU ARE WILLING TO LOSE! the guy losing his house etc....it's hard but it's his fault

@LG123ABC 2 года назад

Your lack of empathy is staggering.

@rob.ale90 2 года назад

@@LG123ABC nope....these examples needs to be set so people understand the risks better, it isn't the first time people mortgaged things to buy crypto and got homeless. Some people don't get the reality, live in dreams and think that they're the chosen ones. He'll loose everything and it's up to him how he wants to proceed next, loosing the house is not the end of the road...he probably have a family that can support him for a few months until he rent something, but the lesson...priceless. And guess what...you call lack of empathy by just saying that it's his fault...who's fault is it? Gonna tell you...youtubers and other influencers that bet on people's money...attract idiots that are willing to bet everything and get the profits.

@williamhaynes7089 2 года назад

@@LG123ABC - put me in that category, Never risk your house on another investment.. No empathy from me either

@CryotoWolf 2 года назад

@@LG123ABC then buy a new house for him. Why would I feel bad for someone that does stupid economic decisions?

@SlaggyGaggy 2 года назад

It's like blaming someone for ending up in front of a serial killer on the road.

@EEVblog 2 года назад

You create a stable coin backed by nothing but an algorithm and another unbacked coin you can print unlimited amounts in order to keep the main coin short term stable, and then also rely on the investors to not make a run on the system. Anyone who properly thought about this and still thought it was safe bet deserved to lose their money.

@kiran-thetributechannel 2 года назад

Hi bro

@mattl1962 2 года назад

Hmmm well most retail investors just think of mooning.

@inexplicable01 2 года назад

I mean. Isnt all crypto backed by nothing?

@joshmarden9933 2 года назад

@@inexplicable01 shhh, let them have their fairytale

@joshmarden9933 2 года назад

god forbid the sheep realize fiat is make believe too, then we're in a real pickle

@bielakbeats Год назад

This is the exact reason I have never and don’t ever plan on buying any crypto. Same as buying a scratch off lotto ticket to me, it’s a scam

@peteramie Год назад

I totally agree with you if only the 3 trillions dollars lost over the life time of bitcoin to now was spent on finding a cure for cancer and world hunger the world would be a better place.

@Firepowered 6 месяцев назад

At this point, I'm automatically skeptical of anyone who gets nominated in the "Top 30 under 30". Too many frauds get in on that club, apparently

@stnank 2 года назад

General Rule: if there's a significant possibility that your invention might do something called a "Death Spiral", it's not stable.

@wolfsden6479 2 года назад

Tell that to the US dollar .... (Only half a joke)

@leander9263 2 года назад

As a matter of fact as soon as there is as much as a faint possibility of a negative feedback loop it is only a matter of time until it will happen.

@silverdeathgamer2907 2 года назад

@@wolfsden6479 If the US dollar collapses it means that likely either enough convincing fakes were made to tank the price(there are also ways to fight this)(and who says they only make counterfeit dollars at that point) or there was enough political stability that the US government isn't strong and doesn't have enough influence and power to guarantee the dollar's value, if either of those happens the world has bigger problems.

@eckosama 2 года назад

@@leander9263 have there been other exampel?

@Krokoklemmee 2 года назад

@@eckosama not that i know of, but anything that can go wrong, will go wrong

@milescivis1018 2 года назад

Do Kwon dissolved the company days before the crash…either he was part of it or knew it was imminent. Dude needs to be in jail for a good couple of years, imo.

@topgurltop6618 Год назад

Investment are stepping stone to SUCCESS, investing is what creates you wealth and wealth brings you assets. and assets buys you Freedom. Do you want to double your income by investing in the bitcoin crypto currency today its very fast way to earn extra income right from your phone I came here to learn how to trade after listening to a guy on radio talk about the importance of investing and how he made $460,000 in 4 months from $160k. Somehow this video has helped shed light on some things, but I'm confused, I'm a newbie and I'm open to ideas.....

@sickwitit5745 Год назад

1 of the many thousands of scams that have happened. Won’t see any jail time

@pipikaka3886 Год назад

@@sickwitit5745 Yeah, but it's a scam on an almost 60b scale. It's not your average thousand dollar scam. He needs to do serious jail time.

@RawTakes Год назад

They need to drop him on an island with nothing

@Lewdacris916 Год назад

agreed people lost billions on his ponzi scheme, should be in prison getting wrecked

@granitstatovci8928 2 месяца назад

Maaaaaaan! from $1 million to $3, I can't imagine that I could handle this loss!

@lawrenceslsko1391 Год назад

He just officially got caught now.

@MyReviews_karkan 2 года назад

I've lost a staggering $35 in this crash and I'm totally devastated. Edit: man, all these comments are freaking hilarious. Thank you for the laughs, everyone 😂

@groob33 2 года назад

You should probably start a go fund me....

@cgasucks 2 года назад

Please call the suicide hotline.

@jasonjamrs7413 2 года назад

I lost $10 in Bitcoin I forgot to login

@_Aemse 2 года назад

feelsdadman (gone and never coming back)

@treaty8631 2 года назад

Hang in there...lol

@notyourmomyousnowflake3533 Год назад

Dork Kwon was either incompetent or complicit, either way, he has no business re-launching Terra 2.0 or any crypto project for that matter. Once trust is broken in this space, that's it.

@davidlee8303 Год назад

we get it you watched the video to the end... whatever.

@notyourmomyousnowflake3533 Год назад

@@davidlee8303 you have nothing productive to contribute, so gtfo

@laupeter4594 Год назад

Do Kwon doesn’t understand business

@imveryangryitsnotbutter Год назад

@@davidlee8303 bruh

@ezradlionel711 Год назад

@@laupeter4594 Guy sounds like a complete douche but It took collusion and 100s of millions of dollars to destroy the company. I'd say he underestimated billionaires.

@00shivani 3 месяца назад

did anyone else watch that intro clip like 10 times?? soo satisfying lol

@elmehdielkhal Год назад

Do Kwon was arrested today in Montenegro

@Zordiak 2 года назад

It's very simple. You can have as many coins as you want algorithmically playing with each other, but if no one wants to buy them there is no stability anywhere. That's why I never bought any Luna. You cannot have an algorithmic stable coin and have it depend on market forces. It's impossible. You need to have some entity that's willing to issue and buyback coins no matter what (i.e. A bank or government). I know it defeats the purpose of crypto, but if you want stability that's the price you have to pay.

@Waspinmymind 2 года назад

I don’t think anyone is interested in crypto. At least not anymore.

@kurtilein3 2 года назад

I dont know, maybe try it with a sustainable interest rate of 0.0%.

@perp1exed 2 года назад

@@Waspinmymind can confirm, plenty of people still interested.

@lordchickenhawk 2 года назад

Somebody gets it. "Decentralised" cannot exist without personal accountability. That is, "use it or lose it". If you cannot spend "coin" as it is, without to swapping it for another currency first, then it NOT MONEY. It is only tokens. Whales don't spend their coins on products because they want to become super rich should the coin become valuable in dollars. They want to spend dollars, not coin. Which is WHY crypto-coins are not stable. Any means of exchange, even gold bullion, is only useful if can be exchanged for grain. Or cars. Or fuel. Or shot gun cartridges and canned food. All of the above. A decentralised "currency" is only a currency if it is a useful means of exchange. This requires individuals to buy and sell their sweat and blood with the coin.The first entrepreneurs to do so are taking a FAR bigger risk than those who speculate billions of dollars on a "market" over the "coin" NOTICE TO ALL WHALES: spend it. Not trade. Don't convert. Spend. Spend with those genuine entrepreneurial risk takers who will sell their actual real work to you for your crypto. WORK IS VALUE! Not currency. J.P. Morgan was wrong. Gold is not money. WORK is money. J.P. Morgan was right. Everything else is credit.

@John77Doe 2 года назад

Who buys back the other crypto currencies like Bitcoin and Ethereum?? 😃😃😃😃

@Carl 2 года назад

Yes, I lost $1,6 million... I learned my lesson! Thanks for the shoutout in the video at 14:46

@nzbrad9977 2 года назад

Such a shame carl I really hope you hit the jackpot next bull run Hang in there buddy Don’t give up Crypto is still the future Is just about getting a bit lucky and timing the near bottom of a bear market Good luck ! I’m rooting for you

@forsdykemontague1017 8 месяцев назад

One of the ways risk is measured in the bond markets is the “spread over Treasuries”, if a Treasury Bond offers 2% this is the (virtually) risk free rate. The higher the rate on offer above this is a crude measure of the increased risk. Example, FTX offered fixed rate bonds paying 15% interest which would be considered junk, firmly below investment grade. These “investments” are speculative and should be a tiny portion of your portfolio of investments, don’t let greed take over, or at least understand you could lose everything, then make your decision.

@testingapps2145 Год назад

Great job, hope this channel keep making much better contents in quality and quantity of informations for professional and beginners.

@arrowknee7356 2 года назад

I can't feel all that sorry for anyone who thought a 20% guaranteed return was a safe investment. It genuinely blows my mind that anyone is surprised that such a thing ended badly.

@TheUCruz 2 года назад

Are people just not skeptical? Or are they convinced super easily? This sounded like a fallacy from the beginning, "Yea it'll never go down, you get guaranteed profit, blah blah blah" If you're willing to hand out your money like that then you deserved to lose it.

@FrankHeuvelman 2 года назад

When something sounds too good to be true, it almost always is. Especially where money is concerned.

@jeremycovelli 2 года назад

I saw this nonsense like 3 years ago.. I don't feel bad for anyone still in it who lost money.

@smokinjoemama 2 года назад

People are greedy it is what it is. I highly doubt too many people are that ignorant everyone thinks they can get in make some "free" money and get out

@oxonomy2372 2 года назад

The majority of LUNA owners didn’t use or even know about Anchor and the 20% apr

@hosermandeusl2468 2 года назад

I was once told by an stock trader, "If the idea of losing 10K in a few seconds make you nervous, you shouldn't trade." With the advent of this cornucopia of 'coins, having little or no oversight puts them in the stock-trade category.

@helmutthat8331 2 года назад

'Guh'

@eckosama 2 года назад

its more risky than stocks, you have to make that known. and they are both risky

@itsvmmc 2 года назад

You can't lose 10k if you only have $600 in your bank account *tips forehead*

@Johanneslol11 2 года назад

Be wary when people are bold, be bold when other are wary

@johnc2438 2 года назад

No. It puts them in the pink unicorn category.

@jwest9155 11 месяцев назад

I wish you made hour long documentaries!!

@dragonoyxd Год назад

Ngl I'm really shocked how many people risk their savings like this. Thing like this happen all the time where the it slowly build up with great promise and crash to 0 in less than a day. This Internet era with so much information around and people still hasn't learned. This type of thing is not new.

@scorch4299 Год назад

Eh if they didnt lose it to this, theyd just lose it somewhere else, so it doesnt really matter. A fool and his money are soon parted.

@maximosh Год назад

It was the 20% return. You cannot create that value from nothing, the intrinsic value would halve every few years, despite what people and the market valued it at. It was setup to fail by greed, cunning or ignorance. The 20% was like a growing vacuum on its actual worth. The price implosion was inevitable.

@juliehutton2784 Год назад

more reason you all have to trade your coins and make good profit from it. contact a pro trader like Erik Ming

@juliehutton2784 Год назад

@2DarkHorizon Год назад

Yeah I agree, It makes absolute no sense how can you give everyone 20%. Bernie Madoff was giving something similar like 25% interest rate. Where is the value coming from? It was the growth that allowed people to get 20%. It would need to grow forever or die. It is common sense value needs come from somewhere. People involved must be 100 percent scammers it is basic math it will never work.

@brendanoneil3489 Год назад

guaranteed 20% apr growth and instant access...what could go wrong? set up to fail.

@abasis.baruti9819 Год назад

First thought I had when I heard guaranteed 20% was ponzi scheme.

@Old_man_Vibez 2 года назад

I lost $500 on ust. Not life changing, but it pissed me off. I can't imagine how retailers cope with losses of 4,5 possibly 6 figures with Luna. I hope you guys and gals find peace.

@ClosestNearUtopia Год назад

Only invest what your willing to lose. If they didnt, its their own fault. Nobody should be a true victim of this chain other then loosing their gains or initial investment, which they already were prepared to lose in the first place. If you dont gamble you will not win any as well🤷🏼

@ClosestNearUtopia Год назад

Remember, people buying 6 digits, already had a lot of digits somewhere else. If they invest smart and not like a mad man, they only invested maximum of 3% of all their whealth.. oh boohoo😉 they probably made a 20x somewhere else as well. We, the real working people, have to invest significant amounts to even make an investment worth our time, like worthy for a month of hard work.. we just cant loose such income, and 10 bucks generating 30 bucks in 20years doest sound ideal.. A rich person can and do invest pennies compared to what they have, and with those pennies making an amount we could life about our whole life on. I dont have mercy in crypto/stock/markets for the whales, I do have that bout million times more for you loosing a quarter of monthly income, taking a risk to maybe actually improve your situation instead of stacking the treasuries.

@zatomlzxzanamolzy1253 Год назад

I just put £10 on MANA hoping that that Decentraland becomes something huge and even my small investment ends up being something worth wanting for. Even if that's 5-10 years from now. Every coin is low at the moment but I'm sure they'll get back on track by next year at the most. If not, £10 isn't something life changing and even if it only rises to the previous high around £5 I've done alright buying at slightly less than £1.

@ClosestNearUtopia Год назад

@@zatomlzxzanamolzy1253 I see you has atleast an insight of whats happening and understands the fundamentals. Which are important because no fundamental, no investment, and people dont research fundamentals, only possibility to gains it seem.. Id say you made a great move buying cheap when everyone looks away, your already early, but at those prices its basically a steal. when the asset goes 10x watch the sheeple run in. Buy the time they start thinking about a rebuy, you probably made so much gains your already in the next project with a 10x bigger start position, and still had a mayor return on your investment💪 good job, and yes, my opinion.

@zatomlzxzanamolzy1253 Год назад

@@ClosestNearUtopia I appreciate your optimistic outlook and I hope you succeed with anything you want from life, thanks.

@ds7766 Год назад

can you do a follow up on tera 2.0 vs terra classic?

@jeffstratton8838 10 месяцев назад

Good job on this channel!!

@kenon6968 2 года назад

I don't have too much sympathy for anyone who invests in 20% return magic bean because hey, just trust us. Maddoff at least had the decorum to only offer 10%

@christines5430 2 года назад

They were driven silly by pure greed. No sympathy for them.

@brucelee289 2 года назад

Guys In India we do get 10% interest from banks

@Kova4a 2 года назад

Nah, 20% is totally doable. Hell, there have been USDT and USDC lending options providing 20%+ for years. And lol Stop with the Madoff comparisons. He could have also given even 20% to all the investors if he was doing actual profitable trading wit their money instead of just taking them.

@cocorebelista 2 года назад

I lost 80k usd and close friends lost millions !!!!! But we are still alive and have a family and a roof. Stay strong guys 🙏🏽😢

@jackreacher4212 2 года назад

sorry to hear about your lost. hope you n ur close fren doing well on this difficult time. Stay strong sis!!!🙏

@joshmarden9933 2 года назад

😂😂😂 I put in 4k for fun, went up, went down. I can't imagine putting in enough to pay off a house... just buy real estate.

@cancel.lgbtq.6892 2 года назад

Now you can start Onlyfans!

@averagejoel4830 2 года назад

Lmao

@paulXmbingu 8 месяцев назад

Seems like the Forbes 30 under 30 is list of scammers.

@deSade74 Год назад

"Only put in what you're prepared to lose" - truer words have not been spoken nor continually repeated, and falling on deaf ears. Not long after you guys posted this, what do we have? FTX FTW! :D

@BoyAnachronism01 2 года назад

Great overview, yeah I jumped out of all other assets and into terra in recent weeks because I felt a storm was brewing in the crypto space, . Turns out Terra was the eye of the storm. funny how I picked Terra as a kind of safe haven to protect and grow my wealth through these turbulent times. Thankfully I had withdrawn all of my crypto seeding money about a year ago so I only lost pure profit… but I lost every single cent.

@turdeaugottago114 2 года назад

greed is the devils playground that reaps what it sows

@rickrolled3666 2 года назад

ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-oCzQGhqgUk0.html Finally it's here

@kitolz 2 года назад

@JimmyB That's like saying that learning not to gamble means nothing unless you start gambling again. Getting out of high risk trading is a lesson in itself.

@dariusus9870 2 года назад

@JimmyB sound logic Jimmy. With such logic you can earn yourself a lot of knowledge and a suicide. Good luck brah, you're gonna need it.

@2010Failbrids 2 года назад

Diversification, although all cryptos are down big

@felkan 2 года назад

Dagogo always dropping heat. I have never seen a bad video on this channel.

@Eric.Poirier. 2 года назад

Same here

@juliaturner4659 Год назад

I've been around the market long enough to know that these ups and downs can still prove to be highly beneficial, time and again I've seen people use these windows of opportunities to make millions and set up for retirement, I just don't know how they did it.

@charlottem.5134 Год назад

Trading with an expert has been the best way of making huge returns from crypto currency.

@charlottem.5134 Год назад

The common mistake we newbies make is without help and legit guidance from a professional.

@bobvan2201 Год назад

@@charlottem.5134 Yes, you're right, it's not watching all videos wasting time on strategies, I was ignorant doing so till I met Rheagan Max Deplonty last year at a startup funding event in Washington DC.

@bobvan2201 Год назад

He had some interesting things to say about the state of algorithmic trading today, obviously I'm seeing results, and my trading is going smoothly.

@freyaw2865 Год назад

Job will pay your bills, business will make you rich but investments make and keep you wealthy, the future is inevitable.

@MG-zx8jn Год назад

Coming back to this video after watching KiraTV's video about Do Kwon being arrested in Montenegro

@EdwardFominykh 2 года назад

A huge lesson in diversifying..No matter how much faith you have in something, always have others places to park your money

@inmortal131 2 года назад

true bro.

@lifeSGM 2 года назад

that's okay till the entire market is in a free fall

@daniel_960_ 2 года назад

@@lifeSGM diversification can go beyond market. Houses, properties, gold, different currencies, different countries… Well I guess it’s all market but you know what I mean. I think it’s better to diversify outside the market. Like don’t buy many different stock and crypto but rather also buy things outside of it. Like I’m almost all in on Tesla and a bit of Bitcoin and other crypto. I’m also only 22 and am fine theoretically loosing it all. But the next thing I’d buy and invest in wouldn’t be stock or crypto. Except I loose conviction and transfer money from TSLA to other stocks.

@EdwardFominykh 2 года назад

@@lifeSGM Not really bc most of the market recovers and the companies that recover would make up for ones that don't

@BigHotSauceBoss69 2 года назад

@@lifeSGM You new to investing? When has the market being in "freefall" ever led to everything being worth $0?

@pejvaaksalimi2311 2 года назад

One of the reason I like your work is that you keep reminding us that not everything that looks natural or incident or smart is actually any of these. Keep going Dagogo.

@lucasglowacki4683 7 месяцев назад

A lot of people called this. They always say these things are “unforeseen” but factually they’re just ignored due to FOMO.

@kurtloban3664 Год назад

I am looking forward to your story about FTX...apparently Alameda Research (sister company) took down Luna. Crazy.

@tachat1417 2 года назад

This story is a perfect illustration of one Bible quote; ’Pride comes before ruin’ This guy a while ago publicly said that he would enjoy watching other cryptos collapse. Well , his wish was granted. I hope he enjoyed this one …

@tetrakoop 2 года назад

this is a perfect comment of a viewer taking everything said by the poster at their word.

@pixelmasque 2 года назад

He was brutally savaged by smarter kids who despised his arrogance and treatment of others,

@MarkH10 2 года назад

You reap what you sow.

@MajinXarris 2 года назад

That's not a Bible quote mate that's taken from ancient Greek literature. Homer etc

@tachat1417 2 года назад

@@MajinXarris wrong my friend. This quote comes from the Bible , book of Proverbs 16;18 ” Pride goes before destruction, a haughty spirit before a fall “ And the author of this proverbs collection was king Salomon the son of king David … around 3000 years ago. Check your facts.