Should you sell your Bitcoin to buy Terra Luna?
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A report from RBF Capital suggests that Terra’s stablecoins could achieve 20% market share by 2025.
With an experienced leadership team, a clear whitepaper, and several big backers, Terra has a lot going for it. It can also communicate with several different blockchains and is a programmable ecosystem in its own right, all of which is probably why LUNA’s price has risen over 2,000% since the start of this year.
However, it isn’t all smooth sailing. A couple of areas to watch out for includes govcoins, increased regulation and scaling internationally.
To answer your question- Although Terra has a bullish future, do not sell all your bitcoin to buy terra. Rather, you can swap about 15% of your bitcoin for terra and see how it goes.