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Topic: Just went short on LUNC - page 3. (Read 671 times)

sr. member
Activity: 2506
Merit: 368
September 04, 2022, 01:27:30 PM
#17
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.
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.
legendary
Activity: 2464
Merit: 1039
Bitcoin Trader
September 04, 2022, 12:14:01 PM
#16
some of my friends are traumatized every time I mention LUNA's name, whether it's classic luna and others, many have lost money on that project so no one dares to do this risky trade, I am really careful in investing so I will stay away from LUNC in futures trading and I hope you succeed in getting a big profit from your analysis  Wink
We cannot blame them, many lose the money instantly because of what happened to Luna, and now they are trying make another hype with this project and for sure many will be trap again. It’s ok to short with Luna since we saw some pump, but you should still need to be more careful, the price can be manipulated and if you miss to sell probably you’ll lose the chance again to make profit. I won’t trade Luna for now even if there’s a pump, it’s too risky for me.
yes, that's why I avoided it and everyone should avoid this project because many of my friends lost money from LUNA so they were traumatized when they heard about the LUNA project, I hope my friend's experience can awaken many people here
full member
Activity: 1303
Merit: 128
September 03, 2022, 06:49:06 PM
#15
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.
sr. member
Activity: 2044
Merit: 314
Vave.com - Crypto Casino
September 03, 2022, 06:37:45 PM
#14
some of my friends are traumatized every time I mention LUNA's name, whether it's classic luna and others, many have lost money on that project so no one dares to do this risky trade, I am really careful in investing so I will stay away from LUNC in futures trading and I hope you succeed in getting a big profit from your analysis  Wink
We cannot blame them, many lose the money instantly because of what happened to Luna, and now they are trying make another hype with this project and for sure many will be trap again. It’s ok to short with Luna since we saw some pump, but you should still need to be more careful, the price can be manipulated and if you miss to sell probably you’ll lose the chance again to make profit. I won’t trade Luna for now even if there’s a pump, it’s too risky for me.
hero member
Activity: 1876
Merit: 721
Top Crypto Casino
September 03, 2022, 03:28:39 PM
#13
You are playing with fire, you should buy some LUNC and hold for long term instead of trading futures, I've lost many coins this way than what I've win back so don't do it unless you are a professional trader.

Correct. Luna is a project that has caused huge losses to many crypto investors. Now Lunc has pumped up a bit so op is thinking of taking a short trade. When there are more coins in the market and positions to trade in those coins, I don't think there is any need to risk your money by trading high risk coins like this one.

Whales know very well how to trap traders. So I think the op should look at the market situation more if the trend changes.
hero member
Activity: 2548
Merit: 605
September 03, 2022, 01:05:22 PM
#12
We have been watching Terra Luna Classic for the past few days looking for weakness. Just sharing my thoughts about market cap and sustainability when it comes to trading. Bitcoin has the monthly close in the books so hopefully we can hit our bottom in the next 7-14 days. ETH trade looks good so far. We have about 3-4 more days before we see whether that one will pan out. It just takes patience.
Not us but maybe you only. We have got enough of this scam coin and we won't repeat the same mistakes again. I think one is enough. So you found out that the coin is getting weaker and my guess is that you see that as a good opportunity to invest in? Ok fine that's your money so you can take the risk but you only gotta make sure that you will sell immediately once the coin recovers some of the value that it lost last time.

You are already lucky when this happens so don't waste it just because you got greedy. You drop some analysis there about eth and btc. I will take note of the btc one but for eth, I think it can sustain its good momentum.
legendary
Activity: 2464
Merit: 1039
Bitcoin Trader
September 03, 2022, 12:52:19 PM
#11
some of my friends are traumatized every time I mention LUNA's name, whether it's classic luna and others, many have lost money on that project so no one dares to do this risky trade, I am really careful in investing so I will stay away from LUNC in futures trading and I hope you succeed in getting a big profit from your analysis  Wink
hero member
Activity: 1400
Merit: 623
September 03, 2022, 11:07:02 AM
#10
We have been watching Terra Luna Classic for the past few days looking for weakness. Just sharing my thoughts about market cap and sustainability when it comes to trading. Bitcoin has the monthly close in the books so hopefully we can hit our bottom in the next 7-14 days. ETH trade looks good so far. We have about 3-4 more days before we see whether that one will pan out. It just takes patience. Details in the link below.

https://youtu.be/CtsNwQDDBQg

LUNC becomes weak since the day the big attack happened on the Terra UST tokens. Shorting a almost dead project is absurd while there’s a lot of project out there that already hanging by a thread like Celsius that obviously on the process of bankruptcy yet there are still users willing to purchase it just because most of its supply is locked on Celsius dapps. This token is like a ticking time bomb that only waits for the official announcement of the team about completely shutting down.

I already learned my lesson on investing Luna before for not shorting it while everyone is already in doubt but shorting it now will just give you small profit percentage since it’s down a lot on its normal price.
newbie
Activity: 65
Merit: 0
September 03, 2022, 11:02:06 AM
#9
I think you are a risk taker, my friend, and why of all the coins out there you choose LUNC, did you know that it was at the height of a scandal and it was not fully recovered yet, the commenter up there is right you are playing with fire Im hoping that you are aware of it my friend  and good luck

When I see a coin go up 20%+ three days in a row I always look for short opportunities. My position is small and I have a plan B. I've seen coin after coin go through similar hype phases - even when the reasons are legit. Just playing the markets Smiley
member
Activity: 966
Merit: 10
Cogwise
September 03, 2022, 06:57:54 AM
#8
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.
legendary
Activity: 2534
Merit: 1397
September 03, 2022, 05:03:09 AM
#7
The volatility is really high now even on high market cap coins like Ethereum and Bitcoin.
If you take a look at Bitcoin which is battling the $20,000 while Ethereum is on $1,500 - $,1600.
Very wild, with a lot of candle wicks.

About on LUNC, for me short this is good, for sure a lot of traders are making profits for this pair right now, especially the trading volume for it is high.
full member
Activity: 1820
Merit: 107
September 03, 2022, 03:26:11 AM
#6
We have been watching Terra Luna Classic for the past few days looking for weakness. Just sharing my thoughts about market cap and sustainability when it comes to trading. Bitcoin has the monthly close in the books so hopefully we can hit our bottom in the next 7-14 days. ETH trade looks good so far. We have about 3-4 more days before we see whether that one will pan out. It just takes patience. Details in the link below.

https://youtu.be/CtsNwQDDBQg

I think you are a risk taker, my friend, and why of all the coins out there you choose LUNC, did you know that it was at the height of a scandal and it was not fully recovered yet, the commenter up there is right you are playing with fire Im hoping that you are aware of it my friend  and good luck
member
Activity: 263
Merit: 15
September 03, 2022, 02:38:33 AM
#5
You are playing with fire, you should buy some LUNC and hold for long term instead of trading futures, I've lost many coins this way than what I've win back so don't do it unless you are a professional trader.
newbie
Activity: 65
Merit: 0
September 02, 2022, 06:28:13 PM
#4
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 Smiley Thanks for the comment!
legendary
Activity: 3780
Merit: 1418
September 02, 2022, 04:23:17 PM
#3
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.
newbie
Activity: 65
Merit: 0
September 02, 2022, 12:06:56 PM
#2
Lots of energy in the market today with BTC and ETH starting to warm up. There are many alts with really nice chart structure that have been waiting to pop but haven’t due to weakness in bitcoin and ethereum. Today we are starting to see those go. Also since we shorted Terra Luna Classic (LUNC) there’s an update on how that trade is going as well! Lastly, I'm going to keep track of the profits we make on this channel so you can see if you might be interested in joining the pro channel. So far we just closed our first trade - 51% in the green!

https://youtu.be/F3BhOGoyboA
newbie
Activity: 65
Merit: 0
September 01, 2022, 12:23:55 PM
#1
We have been watching Terra Luna Classic for the past few days looking for weakness. Just sharing my thoughts about market cap and sustainability when it comes to trading. Bitcoin has the monthly close in the books so hopefully we can hit our bottom in the next 7-14 days. ETH trade looks good so far. We have about 3-4 more days before we see whether that one will pan out. It just takes patience. Details in the link below.

https://youtu.be/CtsNwQDDBQg
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