After the "Great Depeg" of UST and the collapse of Terra LUNA, we received lots of messages, emails and comments. Usually, I would try to reply to all of them but I really didn't have the mood to do anything then. Now that both of us are sort of in the final stage of grief (acceptance), I have decided to document what happened and some of our very painful lessons so that hopefully, it wouldn't ever happen to any of our readers.
At its peak (
Portfolio - March 2022), we had a crypto portfolio worth 2.4m SGD with 597k SGD debt from Anchor Borrow and ~100k SGD worth of NFTs. Not forgetting, I had a crypto business with 2 other friends that was built on Terra and we had a bunch of aUST and 5 digits LUNA before the depeg happened. All that is left now is around 28k SGD. A loss of >2 million SGD....
