Luna Crypto Investors Failed to Appreciate the Risks, Galaxy Digital’s Novogratz Says

Luna Crypto Investors Failed to Appreciate the Risks, Galaxy Digital's Novogratz Says

“It was heartbreaking when the whole thing collapsed,” he said. “When a token goes from 20 cents to $100 and you don’t take profit, that’s lunacy.” The problem was a lack of “risk management methodology” for many retail investors who excitedly bought into the token as it was appreciating.

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