I think LUNC is still cheap, even after the last few days. They cut their dividend recently, but it's from an unsustainable level, and they have plenty of cash to make sure that the dividend stays covered for a long time. Besides, the price of oil will rebound at some point, and this is a good oil game. I think LUNC will outperform again once oil rebounds. So, consider buying the LUNC option if you want to go short.
There's no dividend. There's are only staking and taxation for burning purpose. Cash for what? where is that cash coming for? are you joking or drunk? There's no cash. LUNC is a zombie project that is still alive due to the community. it seems like that you didn't even understand the concept from this pump and dump coin. Shorting lunc becomes very good right now caused by small burning that will make lunc becomes even longer to be burned. This coin is bad IMO. 
Topic: Just went short on LUNC - page 2. (Read 654 times)
I think LUNC is still cheap, even after the last few days. They cut their dividend recently, but it's from an unsustainable level, and they have plenty of cash to make sure that the dividend stays covered for a long time. Besides, the price of oil will rebound at some point, and this is a good oil game. I think LUNC will outperform again once oil rebounds. So, consider buying the LUNC option if you want to go short.
Just be prepared to get out and take profit quickly, no one knows when the coin will be pumped again. Putting money a coin like LUNC is more like a gambling rather than investment, your prediction with any technical or fundamental analysis will not matter, people knows the price had been manipulated in the past and it might be manipulated again in the future.
No coincidence after Terra Classic has an 600% increase in a few days, a terrible news about Do Kwon was released. I expected a kind of bad news to pull Terra Classic down after all.
Finally it happened and it is normal to see that news is related to Do Kwon. People should know burning needs time to have effects. Months or years to burn what Do Kwon over minted in May. Do Kwon is arrested or not, it does not affect Terra Classic so why people got panic.
Finally it happened and it is normal to see that news is related to Do Kwon. People should know burning needs time to have effects. Months or years to burn what Do Kwon over minted in May. Do Kwon is arrested or not, it does not affect Terra Classic so why people got panic.
The last few days Lunc has become trending, the transaction volume has reached $ 3.8 billion per day and now Lunc has been ranked 28th, although it has declined because it was ranked 22nd, but I'm sure Lunc will continue to pump so that it will soon enter the top 10 ranking.
Terra luna classic Lunc short trade good but don't hodl for long-term profit it's highly risk,just don't trust dkwon or whatever.
If for short-term trading, it may still be possible to do with Luna Classic, because the risk we take is still small, or by trading using the Stop Lose or OCO system. But for long-term trading or long-term investment, we may doubt with Luna Classic. 
Yesterday the Lunc community submitted a 1.2% Terra Classic Burn Tax Premeter proposal. And there is news that 99.9% of the voters agreed, this shows that the proposal will be fixed by TFL [Terraform Labs], which is estimated by Binance and Huobi. support this. And if this happens maybe we will see price changes on the LUNA classic but we are still careful because we can't bet with LUNC after the collapse of the LUNC great wall
Where are you finding markets to short luna lol. Going on margin either way on these types of coins almost always end up with you getting margin called. I guess to each their own but dam you got stones.
Haha - using KuCoin. Take a listen to my channel. I'm using very small positions (0.5% - 1% of my account and adding margin as appropriate.) I've done this for years and have a good system down
Thanks for the comment!Shorting and lomging volatile coins don't have any system to it. It's purely speculative and irresponsible to get people to join you. It's a complete gamble and yeah you might make some good coin from time to time, but there is no system to it. Greed drives these markets that's it.
I highly agree, this is one of those rare trades that is considered gambling. LUNC and LUNA's fundamental is already lost. What we are seeing in the LUNC/LUNA pump right now are whales trapping traders to milk the LUNA market. But I do understand, risk taker traders love this kind of market movement because they can literally play with the market movement and get profit out of it. Though, I also see those traders playing with the market getting burned by sudden changes in trends of the volatile market.
It seems like that some people are still thinking this is a very strong project lol. These scalpers are stuped enough by not realized that if price went from hundred bucks to the even lower than zero value. The fork became useless.
it used to be a project in the top 10 best coins on cmc, but its death ended all, today those who believe that luna will return are its former investors, they have not yet accepted the fact that they have lost their money, they are holding on to the faint hope that one day luna will truly recover one day, some people didn't invest before and now they think that luna has dropped a lot and the chance for it to rise again so they bought luna hoping to change their life quickly
People are gambling their life with this scam coin. I didn't even know why those people are loosing their mind to think with their sense.
it all comes from greed, the person who loses with luna is also too greedy with the high apy that ust and luna provide, and now they continue to be blinded by greed without knowing the other trap that awaits them ahead
It seems like that some people are still thinking this is a very strong project lol.
It seems like they want to be Kwon Do-Hyung's victim again.I still remember that Kwon said in one of his interviews that 95% of projects die in the bear market. Ironically, the first project that died in this bear market was his.
Though as we can see, LUNC team is trying to made this project strong again, and they are confident about this one so if you are a believer and wants to take the risk as well, this could be your opportunity to accumulate.
don't know about others but after losing my money in UST I can't even dare to trust them again. 
Where are you finding markets to short luna lol. Going on margin either way on these types of coins almost always end up with you getting margin called. I guess to each their own but dam you got stones.
Haha - using KuCoin. Take a listen to my channel. I'm using very small positions (0.5% - 1% of my account and adding margin as appropriate.) I've done this for years and have a good system down
Thanks for the comment!Shorting and lomging volatile coins don't have any system to it. It's purely speculative and irresponsible to get people to join you. It's a complete gamble and yeah you might make some good coin from time to time, but there is no system to it. Greed drives these markets that's it.
LUNC is a very strong project in past time the old name of lunc is luna but they drop there price suddenly and alot of people loss in this project so in this time again invest in this project its not safe .
Many knows that incident and what happened before can still happen in the future this is also why many are still hesitant to buy this project even if they play short. Though as we can see, LUNC team is trying to made this project strong again, and they are confident about this one so if you are a believer and wants to take the risk as well, this could be your opportunity to accumulate. 
It seems like that some people are still thinking this is a very strong project lol. These scalpers are stuped enough by not realized that if price went from hundred bucks to the even lower than zero value. The fork became useless.
People are gambling their life with this scam coin. I didn't even know why those people are loosing their mind to think with their sense.
People are gambling their life with this scam coin. I didn't even know why those people are loosing their mind to think with their sense.
LUNC is a very strong project in past time the old name of lunc is luna but they drop there price suddenly and alot of people loss in this project so in this time again invest in this project its not safe .
Its never been safe and lots had been suggesting or advising that it wouldnt be that recommendable on funding or supporting this project specially it does have the same team who had created Terra (luna)which had caused that huge drop in price into $0
https://fortune.com/2022/05/13/luna-terra-ust-stablecoin-do-kwon-wife-protection-crypto-crash/
And now they are making that fork or version 2? Surprising that there are still people who do let themselves look like a fool on dealing up still on this
thing even if they do know its history but still trying out to invest and take out some risk in regarding with this project?
On point, if you are a trader that focused on TA you can actually see this as attractive but if you are more on a fundamental analysis and a long term trader, you might not want to get involve on this LUNA project again. Many are still afraid to get LUNA even if the price recovers, it looks like they are traumatized for losing money instantly. Well, we cannot blame those people after all. I can’t find any specific reason for this pump, any good news from Luna?
this includes psychological pressure in trading, although it is actually natural for us to be traumatized by something that failed in the past. but I think we can take the risk by putting a little capital to buy it. as was the case yesterday LUNC experienced a small pump. but I suggest not to hold it for the long term, because it is very risky. therefore using TA would be better for short-term trading on LUNCI think what we are witnessing now about its price is only just a hype so yeah this coin might be good only for a short period of time and not that recommended for longer terms of investing or trading. We shouldn't forget that there are lots of cryptos available out there which are less risky than lunc.
You can always short with any token or coins, just understand the risk of it and don’t trade that much with your emotion. There’s a good pump for LUNC out of nowhere, that could be a good opportunity to do short but I still don’t advice to deal with LUNA for long term, it’s too risky and many investors lose their trust for LUNA, trade with high cautious.
Traders will always look at the price trend and will not look that much about the history of a token, if they saw some opportunity to make money then they will trade with it. This is how trading works, being emotional is not good and riding with the trend is really advisable. What happened to Luna is not a responsibility of a trader anymore, they make money from this and that’s the main goal for them. 
You can always short with any token or coins, just understand the risk of it and don’t trade that much with your emotion. There’s a good pump for LUNC out of nowhere, that could be a good opportunity to do short but I still don’t advice to deal with LUNA for long term, it’s too risky and many investors lose their trust for LUNA, trade with high cautious.
Traders will always look at the price trend and will not look that much about the history of a token, if they saw some opportunity to make money then they will trade with it. This is how trading works, being emotional is not good and riding with the trend is really advisable. What happened to Luna is not a responsibility of a trader anymore, they make money from this and that’s the main goal for them. You can always short with any token or coins, just understand the risk of it and don’t trade that much with your emotion. There’s a good pump for LUNC out of nowhere, that could be a good opportunity to do short but I still don’t advice to deal with LUNA for long term, it’s too risky and many investors lose their trust for LUNA, trade with high cautious.
Traders will always look at the price trend and will not look that much about the history of a token, if they saw some opportunity to make money then they will trade with it. This is how trading works, being emotional is not good and riding with the trend is really advisable. What happened to Luna is not a responsibility of a trader anymore, they make money from this and that’s the main goal for them. 
Most altcoins are not worthy to HODL or as an investment for long term since most of them are too good from the start so it's best to trade them while they're still hot. The risk is always present in any coins you invest it's just have you have to know more about of what you are investing since real money here is involve. And LUNA was one of the example that never to hodl too much if you are riding with the hype, just control your emotions and sell when you see an opportunity and just don't be greedy too much or you will end up missing out.
Greed is what makes the investor covet more profits and this will undoubtedly make him lose many good selling opportunities, who would like to repeat the mistake of others again and invest in the LUNC that has proved the failure of the Terra team, Luna gave us a good lesson that it is the most important thing after you HODL your coins on The long term is to constantly follow the news of the currency and the goals that its team will achieve, when the holder of the coin finds that its team will do something that will make it crash, so he sells as soon as possible and does not wait.and with that in mind, i don't think LUNC will survive long. this will just be like the original LUNA, it will decline later on. i hope people already learned their lesson. just find another project worth holding. and if ever you are still holding, maybe think hard if it is really worth keeping. if you have the chance to sell it at a better price, maybe, it is high time to discard it. otherwise, you should be prepared that you will lose again on this project.
Most altcoins are not worthy to HODL or as an investment for long term since most of them are too good from the start so it's best to trade them while they're still hot. The risk is always present in any coins you invest it's just have you have to know more about of what you are investing since real money here is involve. And LUNA was one of the example that never to hodl too much if you are riding with the hype, just control your emotions and sell when you see an opportunity and just don't be greedy too much or you will end up missing out.
Greed is what makes the investor covet more profits and this will undoubtedly make him lose many good selling opportunities, who would like to repeat the mistake of others again and invest in the LUNC that has proved the failure of the Terra team, Luna gave us a good lesson that it is the most important thing after you HODL your coins on The long term is to constantly follow the news of the currency and the goals that its team will achieve, when the holder of the coin finds that its team will do something that will make it crash, so he sells as soon as possible and does not wait. Jump to: