{"id":4929,"date":"2022-05-12T13:58:48","date_gmt":"2022-05-12T13:58:48","guid":{"rendered":"https:\/\/www.top10pokersites.net\/news\/?p=4929"},"modified":"2022-05-12T13:58:48","modified_gmt":"2022-05-12T13:58:48","slug":"terra-luna-cryptocurrency-crash-what-it-means-for-online-poker","status":"publish","type":"post","link":"https:\/\/www.top10pokersites.net\/news\/terra-luna-cryptocurrency-crash-what-it-means-for-online-poker","title":{"rendered":"Terra Luna Cryptocurrency Crash \u2014 What It Means for Online Poker?"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/www.top10pokersites.net\/news\/wp-content\/uploads\/sites\/15\/2022\/05\/terra-luna-cryptocurrency-crash.jpg\" alt=\"Terra Luna Cryptocurrency Crash\" width=\"300\" title=\"Terra Luna Cryptocurrency Crash \u2014 What It Means for Online Poker?\" class=\"alignleft size-full wp-image-4930\" srcset=\"https:\/\/www.top10pokersites.net\/news\/wp-content\/uploads\/sites\/15\/2022\/05\/terra-luna-cryptocurrency-crash.jpg 380w, https:\/\/www.top10pokersites.net\/news\/wp-content\/uploads\/sites\/15\/2022\/05\/terra-luna-cryptocurrency-crash-300x197.jpg 300w\" sizes=\"(max-width: 380px) 100vw, 380px\">Investing in cryptocurrencies has always been a touchy subject. <\/p>\n<p>Today, many Terra Luna traders and investors have experienced the ultimate shock \u2014 the price plummeting just a month after this crypto reached its all-time high ($119.18). <\/p>\n<p>Now, <strong>the coin is worth practically nothing \u2014 $0.03<\/strong> at the time of writing. <\/p>\n<p>That\u2019s a 99.7% value drop, the biggest and fastest we\u2019ve ever seen in crypto history. <\/p>\n<p>The price had been stable for a while, but it all came crashing down on Monday when TerraUSD reached a new low ($0.97). However, this crash hasn\u2019t only affected Terra\/Luna holders \u2014 it\u2019s also had a massive impact on other cryptocurrencies, including Bitcoin. <\/p>\n<p>Consequently, the altcoin\u2019s selloff also affected the price of Bitcoin and caused panic among millions of people, including those who enjoy online poker.<\/p>\n<h2 id=\"how-the-terra-luna-crash-affects-online-poker-players\">How the Terra Luna Crash Affects Online Poker Players<\/h2>\n<p>Cryptocurrencies have become one of the most popular payment methods in the iGaming industry thanks to their high security levels, processing speed, and other features. A growing number of online poker rooms support cryptos <a href=\"https:\/\/www.top10pokersites.net\/deposit-options\/bitcoin\">and Bitcoin<\/a> as the most popular cryptocurrency in the world. <\/p>\n<p>This sudden price drop has many people worried, as they lost a portion of their investments. However, Bitcoin is still more stable than the so-called stablecoin Terra. While the BTC market has taken a hit, it will recover at some point. The same can\u2019t be said for Terra Luna investors. <\/p>\n<p>If you\u2019re among avid poker players and Bitcoin enthusiasts, you\u2019re probably worried about what it means for your gambling activities. As a BTC holder, you already know that every crypto is unpredictable, so a sudden price drop is always possible. <\/p>\n<p>However, given Bitcoin\u2019s popularity and established presence, it\u2019s unimaginable that BTC will meet the same fate as Terra Luna. You might have to limit your gambling activities for a while, at least until the crypto world stabilizes and starts recovering from recent events. Not to worry, though \u2014 <a href=\"https:\/\/www.top10pokersites.net\/\">your online poker sites<\/a> aren\u2019t going anywhere. You\u2019ll still have plenty of fantastic games at your disposal.   <\/p>\n<h2 id=\"what-should-you-do\">What Should You Do?<\/h2>\n<p>If you\u2019ve been affected by the Terra Luna crash and feel uneasy, you can do several things to help yourself. Here\u2019s a list you might find useful:<\/p>\n<ul>\n<li>Reach out to the <a href=\"https:\/\/www.reddit.com\/r\/terraluna\/comments\/un57df\/for_everyone_panicking_here_are_some_national\/\">National helpline numbers<\/a> and talk to someone. While they may not be able to give you an immediate solution, they will listen to you and, hopefully, help you calm down. <\/li>\n<li>Don\u2019t invest everything you have. Only choose to invest in Bitcoin or any other cryptocurrency if you have money to spare. Given how <a href=\"https:\/\/www.top10pokersites.net\/infographics\/infographic-on-what-affects-the-value-of-cryptocurrencies\">volatile the market is<\/a>, it\u2019s irresponsible to give every last cent away, hoping it would pay off. Investing in crypto can be beneficial in the long run, but your life should never depend on it.<\/li>\n<li>Never make direct exchanges or purchases with people you don\u2019t trust. It\u2019s better to rely on a crypto exchange than to be scammed and lose everything.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Investing in cryptocurrencies has always been a touchy subject. Today, many Terra Luna traders and investors have experienced the ultimate shock \u2014 the price plummeting just a month after this crypto reached its all-time high ($119.18). Now, the coin is worth practically nothing \u2014 $0.03 at the time of writing. That\u2019s a 99.7% value drop,&#8230;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Terra Luna Cryptocurrency Crash \u2014 What It Means for Online Poker?<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.top10pokersites.net\/news\/terra-luna-cryptocurrency-crash-what-it-means-for-online-poker\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Terra Luna Cryptocurrency Crash \u2014 What It Means for Online Poker?\" \/>\n<meta property=\"og:description\" content=\"Investing in cryptocurrencies has always been a touchy subject. Today, many Terra Luna traders and investors have experienced the ultimate shock \u2014 the price plummeting just a month after this crypto reached its all-time high ($119.18). Now, the coin is worth practically nothing \u2014 $0.03 at the time of writing. That\u2019s a 99.7% value drop,...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.top10pokersites.net\/news\/terra-luna-cryptocurrency-crash-what-it-means-for-online-poker\" \/>\n<meta property=\"og:site_name\" content=\"Top 10 Poker Sites\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/people\/Top-10-Poker-Sites\/100083090271104\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-05-12T13:58:48+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.top10pokersites.net\/news\/wp-content\/uploads\/sites\/15\/2022\/05\/terra-luna-cryptocurrency-crash.jpg\" \/>\n<meta name=\"author\" content=\"Adrian Sterne\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/AdrianSterne\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Adrian Sterne\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.top10pokersites.net\/news\/terra-luna-cryptocurrency-crash-what-it-means-for-online-poker\",\"url\":\"https:\/\/www.top10pokersites.net\/news\/terra-luna-cryptocurrency-crash-what-it-means-for-online-poker\",\"name\":\"Terra Luna Cryptocurrency Crash \u2014 What It Means for Online Poker?\",\"isPartOf\":{\"@id\":\"https:\/\/www.top10pokersites.net\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.top10pokersites.net\/news\/terra-luna-cryptocurrency-crash-what-it-means-for-online-poker#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.top10pokersites.net\/news\/terra-luna-cryptocurrency-crash-what-it-means-for-online-poker#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.top10pokersites.net\/news\/wp-content\/uploads\/sites\/15\/2022\/05\/terra-luna-cryptocurrency-crash.jpg\",\"datePublished\":\"2022-05-12T13:58:48+00:00\",\"dateModified\":\"2022-05-12T13:58:48+00:00\",\"author\":{\"@id\":\"https:\/\/www.top10pokersites.net\/news\/#\/schema\/person\/845df6bb46bf5c723e7fbfe4aeead0d2\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.top10pokersites.net\/news\/terra-luna-cryptocurrency-crash-what-it-means-for-online-poker#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.top10pokersites.net\/news\/terra-luna-cryptocurrency-crash-what-it-means-for-online-poker\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.top10pokersites.net\/news\/terra-luna-cryptocurrency-crash-what-it-means-for-online-poker#primaryimage\",\"url\":\"https:\/\/www.top10pokersites.net\/news\/wp-content\/uploads\/sites\/15\/2022\/05\/terra-luna-cryptocurrency-crash.jpg\",\"contentUrl\":\"https:\/\/www.top10pokersites.net\/news\/wp-content\/uploads\/sites\/15\/2022\/05\/terra-luna-cryptocurrency-crash.jpg\",\"width\":380,\"height\":250,\"caption\":\"Terra Luna Cryptocurrency Crash\"},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.top10pokersites.net\/news\/#website\",\"url\":\"https:\/\/www.top10pokersites.net\/news\/\",\"name\":\"Top 10 Poker Sites\",\"description\":\"Top 10 Poker Sites\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.top10pokersites.net\/news\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.top10pokersites.net\/news\/#\/schema\/person\/845df6bb46bf5c723e7fbfe4aeead0d2\",\"name\":\"Adrian Sterne\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.top10pokersites.net\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/8f7a1cc3dba77b50b3066739e54abc95?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/8f7a1cc3dba77b50b3066739e54abc95?s=96&d=mm&r=g\",\"caption\":\"Adrian Sterne\"},\"description\":\"Hi, I am the Chief Editor of top10pokersites.net, this site is dedicated to all thing poker. 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