Terra Luna Classic pumping - can it last? - page 2.

abel1337

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Quote from: TribalBob on September 28, 2022, 08:58:55 AM

when one coin has a very drastic drop I find it difficult to pump to its initial value before the dump.
my advice when you get a profit it's better you just sell it and switch to another coin, because with the current condition LUNAc will not go up again from the current price

If you luckily gained some profit on a falling coin I agree that not going back or buying back again would be a good move knowing that having a significant drop on it's value is connected on the project fundamentals like what happened to LUNAC. It's never a good move to catch a falling knives just to risk yourself for some profits. Terra is facing a heavy problems right now and it would be better to just invest on other coins to lessen the potential risk on losing. We all know where Terra is headed today, It would be a common sense.

BobK71

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Quote from: TribalBob on September 28, 2022, 08:58:55 AM

when one coin has a very drastic drop I find it difficult to pump to its initial value before the dump.
my advice when you get a profit it's better you just sell it and switch to another coin, because with the current condition LUNAc will not go up again from the current price

Naturally, it is understood that Luna has already undergone a pump event. So at this point the chances are very low to go for another pumping event. It will definitely take more time. Although occasionally Luna is trying to pump up a bit. If one wants to take risk then one can invest some amount and hold it for long time. If the market condition is reached in better position then it may give you good profit.

TribalBob

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when one coin has a very drastic drop I find it difficult to pump to its initial value before the dump.
my advice when you get a profit it's better you just sell it and switch to another coin, because with the current condition LUNAc will not go up again from the current price

bittick

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surely the increase in value won't last like any other organic bullrun, after all luna classic increase was created purely out of some random trend like meme coin and everyone wanna liquidate their luna altogether considering that currently there's no real benefits in having luna as investments, instead it's just become the shitcoin used for speculation so of course the increase in value will just become temporary.

CapGelatik

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it's just temporary increase in value in which created out of thin air, I think it will definitely not lasts since luna hasn't gotten any real investments ever since the day that it loses majority of its value few months ago.
moreover luna is just all speculation from the ones that wanna make some quick profits I think it isn't really wise investing in luna for long term since it will definitely bring low returns at the end of the day.

the characteristics of a scam project are Pump and Dump, and Terra Luna is one of them, this coin has been abandoned by the developer of course this is a scam,
yes even though CZ says that he supports Terra Luna outside the context of the founder, I think both Terra Luna Classic and Luna are still a scam project,
and look at the market now, having gone up 40% more Luna Classic is down more than -40%, yes this is clearly a scam.

JamesDaniel90

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Hello all - I still hold my 3 million Luna classic but things are not looking good lately.

I took out 25% of my investment at 0.0005 and maybe I should have took more but it was the first time I had experienced a 5x in crypto so wasn’t sure at the time what was best to do.

If we do find another pump to 0.0005 I will take out the rest of my investment at least and probably some profit too as things do not seem to be going the way many had hoped for this project and I am starting to feel I may as well take some profit and put it into better coins.

BRINIRHA

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every coin price that is pumped is very risky for a dump to occur. so I think the pump that happened to LUNC won't last long. but LUNC looks to do a healthy pump. so the possibility of dumping will not take place quickly. even if the LUNC coin will go down then I think the decline will be slow. but now after Do kwon's arrest then I think it's very risky to get into LUNC. better to be safe.

Viscore

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Quote from: topman21 on September 12, 2022, 07:04:04 AM

Quote from: Kadal Ijo on September 12, 2022, 04:32:43 AM

I'm happy what the team did to continue to pump Luna classic, I'm sure this is the beginning of the next pump, there will be the next pump to make Luna enter the top 10 ranking, based on data they have a large bitcoin stock so it will be easy to make Luna survive and skyrocketed again.

Team is most responsible for setting Luna on the path to destruction. They could have saved their platform from destruction if they had wished.But they are trying now instead of trying then. Not sure how long they will be pumping. At any time Luna market can be dumping.Those who have enough profit can consider holding more.

Well, any coin can be seen pumping at the moment and end up dumping in the end. That's mostly happening in the crypto space, but as a friendly reminder, expect that a single coin will never move up the whole time as there will be chances of dropping its price especially when the market uncertainties are seen. If the coin has huge potentials, it will always sustain its pump regardless of the market events.

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Quote from: Silberman on September 05, 2022, 09:12:27 PM

Quote from: JamesDaniel90 on September 05, 2022, 06:21:33 PM

I am fairly new to crypto and in July I took a gamble on terra luna classic when it was 0.00009 and it is now pumping. Can someone explain why this is and what the chances of it lasting are?

I have been following it more closely over the last week as it has began getting more and more attention and apparently a lot is happening over the next few weeks which is driving the price up currently but not sure what it all means?

How realistic are the chances of it reaching $0.01 or $0.10 and how long will this take? Months or years?

I am not selling just yet but this is seeing the best returns I have had in crypto so far so may take out my investment soon and let the profit ride.

This kind of growth is going to be impossible to sustain, I'm happy that your gamble is paying off but that is all what you should think about it, it was a gamble and you were able to win it, you should not get so greedy to think that Luna classic is going to reach those kind of prices, be happy with the profits that you got and move on, now you ask why is this happening? But most likely there is not a specific reason for this, and this is simply the result of speculators pumping the price.

Terra Luna is only pumping due to hype but when its over, expect that its price will gradually drop again and become less valuable. Well, this is just my own speculation about this coin, i may be wrong in the end. But in most cases, it hard to see sustainable growth when you are investing in a meme coin or a shitcoin, unlike in bitcoin there's always a guaranteed and proven growth that appears when the market recovers.

serjent05

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Quote from: JamesDaniel90 on September 05, 2022, 06:21:33 PM

How realistic are the chances of it reaching $0.01 or $0.10 and how long will this take? Months or years?

After the news about the arrest warrant of Do Kwon is issued by South Korea, this question can be answered as unrealistic for now. With the warrant of arrest issued against the Terra Luna founder, the remaining trust put on the project will diminish. I believe only speculators, gambler and whales who wanted to take advantage of naive investors will be the only ones remaining to trade this token. The Fundamental of this coin is literally shattered since who would "long" on this kind of cryptocurrency?

Quote from: JamesDaniel90 on September 15, 2022, 01:55:00 PM

Still holding onto the 3 million Lunc I have - I maybe should have sold more at 0.0005 but I wasn’t sure if it was going to go up or down at the time.

Will see how things go over the next few days and if we get back up to 0.0005 again will sell more and put profit into Bitcoin.

You should have sold your holding when it reached $0.0005. This time it will be a pure gamble to your side holding that amount. I do hope that you can sell it on the price you wanted it to be but I think it will be a bit difficult now because the situation isn't the same as when LUNC hit $0.0005.. But well pump needs no reason to happen so who knows, just make sure to sell if you reach your sell target this time.

dlightag

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Terra Luna Classic pumping has been a normal thing that every investors are all expected, because the clash in price was something else, which in less than 48hrs trading chart was 100% Dip from the market, which many traders and investors lost there funds, Therefore the recent price pumping, is a gradual process of pull back to cancel some zeros.

JamesDaniel90

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Still holding onto the 3 million Lunc I have - I maybe should have sold more at 0.0005 but I wasn’t sure if it was going to go up or down at the time.

Will see how things go over the next few days and if we get back up to 0.0005 again will sell more and put profit into Bitcoin.

bounceback

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Quote from: JamesDaniel90 on September 05, 2022, 06:21:33 PM

I am fairly new to crypto and in July I took a gamble on terra luna classic when it was 0.00009 and it is now pumping. Can someone explain why this is and what the chances of it lasting are?

I have been following it more closely over the last week as it has began getting more and more attention and apparently a lot is happening over the next few weeks which is driving the price up currently but not sure what it all means?

How realistic are the chances of it reaching $0.01 or $0.10 and how long will this take? Months or years?

I am not selling just yet but this is seeing the best returns I have had in crypto so far so may take out my investment soon and let the profit ride.

I think it will be very difficult for a project that is already involved in a legal case to have a better price in the future especially the price you would expect at $0.01-$0.01 looks like that price will never be reached for LUNC with the current issues because projects like this tend to be slowly abandoned by investors.
Don't expect for a bigger return with this project if you already made a small profit from it then just sell it and take a profit.

Daltonik

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Almost synchronously with the South Korean court that issued an arrest warrant for Terra CEO Do Kwon, the company Apollo DAO, built on the Terra blockchain, announced that it was closing its positions in LUNC, saying that it saw no point in supporting the Terra Classic network.

Source: https://cointelegraph.com/news/apollo-dao-to-close-vaults-on-terra-classic

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Quote from: JamesDaniel90 on September 05, 2022, 06:21:33 PM

How realistic are the chances of it reaching $0.01 or $0.10 and how long will this take? Months or years?

The question is, how much liquidity is there to pump the price to $0.01
With the current supply, I don't think that price will be reached, unless, the trader's tax for LUNC trades is executed until the appointed time.

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Quote from: Kadal Ijo on September 12, 2022, 04:32:43 AM

I'm happy what the team did to continue to pump Luna classic, I'm sure this is the beginning of the next pump, there will be the next pump to make Luna enter the top 10 ranking, based on data they have a large bitcoin stock so it will be easy to make Luna survive and skyrocketed again.

I'm not sure that the classic Terra Luna pump will go any longer, with the pumping that is currently happening it will definitely attract a lot of further prey, that's why everyone is careful in buying this coin, in order to avoid things that are not as desirable as last year. .

I still have doubts about this shit coin, where there have been incidents, and there are still many people who believe in it. if for the long term I think it should not be done. if there is a small pump like yesterday, it is better to leave the market immediately, rather than later we will not get anything. use this coin for fun not for the main purpose of your investment, because it is high risk in my opinion, look at this time the price is back down to the bottom and it could happen it will get worse

NicNacCoin

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Terra Luna Classic we see was pretty pumped. Currently, the market is still at a good level, even if it has fallen a bit. However, it cannot be said how sustainable it will be.Since Terra Luna turned out to be a scam. Pumping now has made people panic a lot.But those who still have enough profit can think of selling because it cannot be said for sure whether the market will be stable.

Wawa2013

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Quote from: 2dogs on September 14, 2022, 01:48:29 PM

https://twitter.com/bloombergasia/status/1569930802678431746?s=46&t=Ndh28hMVv0j4BQvxtx5OtQ

BREAKING: South Korea issues an arrest warrant for crypto firm founder Do Kwon as it probes alleged illegal activity behind collapsed stablecoin TerraUSD
https://trib.al/JMvoyWu

Terra Classic is going to zero soon with the news of Do Kwon's arrest, so it's unlikely that Terra Classic will recover and pump again. Right now
the price has dropped drastically, so if anyone is still holding Terra Classic, sell it immediately before it can no longer be sold. This makes us all
aware that Terra Classic is indeed shitcoins that are not worth buying, actually I expected it from the start when the price of UST and Luna collapsed,
I never trusted Terra teams again. But there are still people who believe Terra Classic will bring them big profits. Finally, those who are holding
Terra Classic panicked seeing the current situation, this is the importance of doing research and analysis correctly. So we are not wrong
in making decisions.

2dogs

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https://twitter.com/bloombergasia/status/1569930802678431746?s=46&t=Ndh28hMVv0j4BQvxtx5OtQ

BREAKING: South Korea issues an arrest warrant for crypto firm founder Do Kwon as it probes alleged illegal activity behind collapsed stablecoin TerraUSD
https://trib.al/JMvoyWu

2dogs

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You can read FatMan's discord posts from a day or two ago on Terra Rebels.

Example:
FatMan — 09/11/2022
Is your "goal" the success of Terra Classic, or the implementation of the burn tax? The advice I'm giving is an earnest attempt to bring about the success of Terra Classic. Not supporting the burn tax doesn't mean I think TR will fail - quite the opposite, IMO. If I wanted TR to fail, I'd just let the burn tax happen and watch the chain die out in 2 weeks flat 😛

FatMan — 09/11/2022
Again, if you want to burn 6T coins, every single LUNC holder with coins on Binance will need to burn all of their money voluntarily, which is never going to happen. Happy to bet on it if you want (but no one will, because we all know it's a silly notion). It's being posted either to mislead people or out of pure hopium.

Topic: Terra Luna Classic pumping - can it last? - page 2. (Read 999 times)