Is Terra Luna cryptocurrency a better investment than Bitcoin?
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Terra Luna it’s far better project than old BTC!
Essentially, Terra Ecosystem builds on the stablecoins, UST (Terra USD) which has an algorithmic relationship with LUNA. On top of LUNA and UST, there are financial instruments such as Anchor protocol (earn stable 19+% APR daily, weekly, monthly and of course annually), Mirror protocol (using oracle mimic US stock market to buy synthetics.). There are other protocol such as Apollo, Pylon, Spectrum, Star Terra and so on. You need to go to each one ( there are youtube, search keyword, explaining it.) to find the one you like. A full fledged DeFi ecosystem is on Terra. Also stablecoins are practically used in South Korea and other countries, Chai and other payment system. Again, terra. money has all the potential to go in TOP 5. Stable coins are the most used coins in crypto, and Terra just created one that will be use by millions of people…. We just need to apply the Warren Buffet strategy, buy and hold for years! Don’t think short term…think 5-10 years!
Let’s not forgot one of the most important thing for a project to succeed in crypto, which it’s the community! As Raoul Pal said, having a strong community it’s the thing that most projects lack. Seems like Terra already has one