Our last Luna trade made a good profit. It failed to reach the target, but we closed it early because the market showed a sign of continuing it’s strength, and we still made money.

(all that matters is making money, in the markets!)

The question posed now to the Luna bulls, who have been emboldened by massive borrowing from Luna’s owners is, how long until FTX pulls the same thing with Luna that they did with Waves? Waves was attacked with a massive FUD campaign while a huge spot position was borrowed to short + futures short positions were taken at the same time. The fud was partially based in truth, which was why it was doubly effective.

Luna is a very similar product to waves, and they can roll their profits from this venture back into a campaign to send luna down. The short signal is the second FUD starts being massively spread. Sell FUD is counterintuitive in nature for a skilled trader but works like a charm in this instance.

Here’s the Waves pyramid scheme chart for reference, you will see the stark similarity: