Unfortunately times like this are still part of the crypto game.
Seeing $UST losing peg (at 0.95USD at the time of writing) is hard to watch. However this isn't the first time this happened. This doesn't mean everything is suddenly over for the whole Terra ecosystem. This is just what happens in an unregulated market where whales can influence in conditions of extreme fear and uncertainty. If the peg restores big players will have made insane amounts of profit with arbitrage/shorts/rebuys. Unfortunately at the cost of (mostly) newer investors.
The reason I invested in $LUNA is because their whole team and the other people who invested in it have a long-term, sustainable vision on how to revolutionize finance and don't care too much for short-term trades and get rich quick schemes.
Right now TFL and Do Kwon aren't live broadcasting their actions because there are people/groups targetting them. Letting them know everything they have prepared for situations like this would be downright stupid. But rest assured they have prepared for this. The dust needs to settle and overall fear in the market has to stabilize before the manipulation can loosen it's grip over other participants.
I believe as long as $BTC survives and climbs back up, $LUNA and $UST will survive as well. And the recovery will be epic (just like it was last year after the May crash).
it’s fine, I have other accounts. Just also liked using the 100% Luna strats on the platform. looks like Iconomi has disabled them for now