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Topic: Terra Luna Classic pumping - can it last? - page 5. (Read 1014 times)

member
Activity: 854
Merit: 30
September 08, 2022, 06:51:16 AM
#53
It is still pumping and I have set $0.0008 as my next target to take out more profit.

Having only put in £300 to begin with this is a risk I can afford to take , it has a feeling that potential reward far outweighs the risk.
full member
Activity: 2086
Merit: 193
September 08, 2022, 06:28:21 AM
#52
Those who invested in Luna project after the crash they have made lot of profit. It is worth taking profit in bearish market. The price of Luna Classic is increasing exponentially almost several days. The condition of current situation does not seem to be normal. It can fall again at any time. But some experts thought maybe the team tries to do something. Those who are able to afford the risk can continue.
Obviously the team is working hard to make this project good again, I’m against this before especially when they do create another token instead of solving the problem first but it looks like it’s working for them and most probably once they succeed to burn most of the supply, we might see a more expensive LUNC in the future. Yes, those who can afford to take the risk can join the trend, many made their profit already so I hope those who lose the money can have a chance now to take it back.
hero member
Activity: 1484
Merit: 608
Vave.com - Crypto Casino
September 08, 2022, 05:57:37 AM
#51
Have just woke up to a price of $0.00054 which put me at 6X so have decided to sell 10%.

I don’t want to cash out too much but at the same time this is my first time being up 6X in crypto since I started in February so wanted to take some profit.

My next sell target is $0.0008 when I will sell another 10%.



The first thing I would like to say is congratulations on making a profit in this market. With the initial capital you invested, your profit was six times what you invested, which is a very significant amount of money. You better cash out 50% of your profit and if you still want to take the risk then go ahead and set your next target with the rest. It is important to keep in mind that this market cannot be too greedy, otherwise it will cause you harm.
Those who invested in Luna project after the crash they have made lot of profit. It is worth taking profit in bearish market. The price of Luna Classic is increasing exponentially almost several days. The condition of current situation does not seem to be normal. It can fall again at any time. But some experts thought maybe the team tries to do something. Those who are able to afford the risk can continue.
sr. member
Activity: 1498
Merit: 326
20BET - Premium Casino & Sportsbook
September 08, 2022, 05:34:36 AM
#50
Have just woke up to a price of $0.00054 which put me at 6X so have decided to sell 10%.

I don’t want to cash out too much but at the same time this is my first time being up 6X in crypto since I started in February so wanted to take some profit.

My next sell target is $0.0008 when I will sell another 10%.



The first thing I would like to say is congratulations on making a profit in this market. With the initial capital you invested, your profit was six times what you invested, which is a very significant amount of money. You better cash out 50% of your profit and if you still want to take the risk then go ahead and set your next target with the rest. It is important to keep in mind that this market cannot be too greedy, otherwise it will cause you harm.
sr. member
Activity: 2016
Merit: 283
September 08, 2022, 05:32:03 AM
#49
Well much its a very common thing when it comes this market, where in there's a pump and dump so its not surprising why luna making such performance because indeed last time it really fell like a rock..Maybe some traders or the owners is making way to make it survive reason it showing pumps but it still not a big reason to trust IMO.  imagine how many investors declined luna. Just saying.  Wink
hero member
Activity: 3066
Merit: 629
20BET - Premium Casino & Sportsbook
September 08, 2022, 05:26:27 AM
#48
Terra's classic price is not to be trusted with its high rise in price. Its increase in price looks fascinating but it shouldn't be trusted because investors will dump it when they recover their losses. Bitcoin is pumping with about a 1.90% increase in price while Terra classic(Luna) is pumping with a 50% increase at the moment.

Apply your intelligence, don't wait till the price gets to 0.10 because it's impossible to happen
Well, it is for sure that when a coin rises, there will be the expected dump of it. Those that have it at a low price and they're holding millions of it, they're more than 5x in profit already. It's for them to decide whether they'll be greedier this time or will be satisfied with the current gains that they have. But if I were them, they should take profits and at least recover if they're one of those people that have lost a lot from the original losses they've made from the first coin of it before the fork.
sr. member
Activity: 924
Merit: 365
September 08, 2022, 05:14:21 AM
#47
Terra's classic price is not to be trusted with its high rise in price. Its increase in price looks fascinating but it shouldn't be trusted because investors will dump it when they recover their losses. Bitcoin is pumping with about a 1.90% increase in price while Terra classic(Luna) is pumping with a 50% increase at the moment.

Apply your intelligence, don't wait till the price gets to 0.10 because it's impossible to happen

sr. member
Activity: 1183
Merit: 251
September 08, 2022, 03:27:24 AM
#46
https://www.kucoin.com/news/en-kucoin-will-support-the-tax-burn-proposal-of-the-terra-classic-lunc-community-20220907
KuCoin Will Support the 1.2% Tax Burn Proposal of the Terra Classic (LUNC) Community

If other major exchanges join the burning, then the price of the coin will rise. But the ecosystem is still dead. It's a shame to lose money on the same shit 2 times.

That's pure gambling with it. 1.2% tax was nothing. it needs so many years to make the lunc going back to the before the incident was happening. People are still gambling on this shit. I didn't even know why they do believe if lunc can go back again to the at least $1. This pump and dump coin was a way to make money instantly but also losing money instantly from the dump that can occur anytime.
legendary
Activity: 1974
Merit: 4715
September 08, 2022, 02:01:17 AM
#45
https://www.kucoin.com/news/en-kucoin-will-support-the-tax-burn-proposal-of-the-terra-classic-lunc-community-20220907
KuCoin Will Support the 1.2% Tax Burn Proposal of the Terra Classic (LUNC) Community

If other major exchanges join the burning, then the price of the coin will rise. But the ecosystem is still dead. It's a shame to lose money on the same shit 2 times.
hero member
Activity: 1820
Merit: 747
September 08, 2022, 01:49:35 AM
#44
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.
for TerraLunca Classic, I don't think that it will reach $0.01 or even $0.1 in the future. however, people are already disappointed with the results that this coin gives. many people still continue to "gamble" on these tokens. in fact, I think that if I were in your current position, I might just sell the coin and try my luck at another coin, or buy this coin again when the price drops again. however, anything can happen in the crypto world, but it's very rare for me to hear of coins that have fallen, and disappointingly, returned to high.
member
Activity: 854
Merit: 30
September 08, 2022, 01:51:48 AM
#44
Have just woke up to a price of $0.00054 which put me at 6X so have decided to sell 10%.

I don’t want to cash out too much but at the same time this is my first time being up 6X in crypto since I started in February so wanted to take some profit.

My next sell target is $0.0008 when I will sell another 10%.

hero member
Activity: 1792
Merit: 534
Leading Crypto Sports Betting & Casino Platform
September 08, 2022, 01:31:01 AM
#43
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?

How realistic are the chances of it reaching $0.01 or $0.10 and how long will this take? Months or years?
What led to this big pump in the price of the Lunc coin is the burning that took place after updating the coin, which led to a decrease in the quantity supplied of the coin, and within a few days the price of the Luna pumped by more than 120 percent, and this indicates the interest of investors in the Lunc coin, and I see that there is a great opportunity to make a profit from holding this coin in the long term, after staking the Lunc coin and after burning more of the total supply of the coin, but my advice is that investing this coin involves risks, so I advise you not to put a large capital in it.

Burning is what led to Lunac's recent pump, but that doesn't mean it will attract investors back. Maybe the people who are investing in Lunac are just speculating on it and they will dump when they make a profit. With a drop of several thousand times before and only a 120% increase, there is no saying that the terra team is working hard to bring the project back, which sounds like a short-term hype.

Investing in Lunac can be said to be as risky as a meme, so you should consider before investing. A project that once collapsed, leaving thousands of people in dire straits. There is no reason to trust them again.
hero member
Activity: 3094
Merit: 606
BTC to the MOON in 2019
September 07, 2022, 05:38:12 PM
#42
Hi all,

Those saying it will only possibly reach a cent , that would still be a 100x for me and that would be more than enough. Currently trying to break through resistance at $0.0005 but think it will in a matter of days.

Having only put £300 into this there is no stress and it is actually nice to have something to follow everyday as last few months the markets have been pretty boring.


Perhaps, you've got it right. You've got in perfect timing as Terra Luna is in moving up but to think about how long this surge will go, is something we don't know and you'd better take the opportunity to sell them rather than wait for x100 as your goal. Because it was not identical to the situation and it was not what we really see in this bear situation. Be aware of how the hype will end, it was just like a trap that causes major losses to those who wanted more.
sr. member
Activity: 1680
Merit: 278
September 07, 2022, 05:35:09 PM
#41
Hi all,

Those saying it will only possibly reach a cent , that would still be a 100x for me and that would be more than enough. Currently trying to break through resistance at $0.0005 but think it will in a matter of days.

Having only put £300 into this there is no stress and it is actually nice to have something to follow everyday as last few months the markets have been pretty boring.


Yea the market is still boring to me and I hope the market will be more positive with time. For you taking the risk on investing on it is pretty good which is the reason why we have to invest what we know we can afford to lose with having to think about twice if the market ever go contrary to our target. You can hold as long as you Which but just keep your eyes on the market so you will not miss out on any vital move or information that can change the direction of the market.
Hold as long as you can but have it in mind that the market never keep moving in one direction. The bear is certain so you can take some profits and leave the rest to get your targeted price. Everyone is watching to take profits just like you are waiting for the price to get to a particular price.
sr. member
Activity: 1876
Merit: 318
September 07, 2022, 05:23:39 PM
#40
Honestly i really wouldnt trust LUNC its marketcap is currently too low and the price is easily manipulated by whales and this bear market isnt bringing any good, we might even see another -99% on LUNC. it wont be something new.

We really don't have high hopes for LUNC, if the price suddenly rises, it's probably a manipulation by the whales. So if we have LUNC and already
profit, immediately take profit and don't hold LUNC for too long, because the probability of LUNC falling very low is very large. I myself no longer
believe in terra team, after what happened to LUNA a few months ago, it is possible that the same thing will happen to LUNC. So I recommend
not investing in LUNC, if we want to try investing in LUNC, it's better for the short term. Don't let greed overwhelm us, eventually making us
take wrong decisions. Especially in a bear market situation where investing in LUNC is very risky, I suggest investing in projects that are safer.
Like Bitcoin, ETH and BNB are much better choices for investment during bear markets like today.
member
Activity: 854
Merit: 30
September 07, 2022, 05:00:55 PM
#39
Hi all,

Those saying it will only possibly reach a cent , that would still be a 100x for me and that would be more than enough. Currently trying to break through resistance at $0.0005 but think it will in a matter of days.

Having only put £300 into this there is no stress and it is actually nice to have something to follow everyday as last few months the markets have been pretty boring.

legendary
Activity: 1890
Merit: 1537
September 07, 2022, 04:34:58 PM
#38
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?

How realistic are the chances of it reaching $0.01 or $0.10 and how long will this take? Months or years?
What led to this big pump in the price of the Lunc coin is the burning that took place after updating the coin, which led to a decrease in the quantity supplied of the coin, and within a few days the price of the Luna pumped by more than 120 percent, and this indicates the interest of investors in the Lunc coin, and I see that there is a great opportunity to make a profit from holding this coin in the long term, after staking the Lunc coin and after burning more of the total supply of the coin, but my advice is that investing this coin involves risks, so I advise you not to put a large capital in it.
sr. member
Activity: 1610
Merit: 301
*STOP NOWHERE*
September 07, 2022, 03:52:06 PM
#37
Don't expect more, I also have Lunac but to be honest I've converted to ETH now. Don't let greed rule you if you get x 4 in the bear market this is already a great achievement. Don't let the circulating fomo affect you, maybe soon Lunac will experience a decline.

You did the right thing. Luna has now become a gamble, not an investment, so get out as soon as you can when you get profitable. People who lose money with old luna also come from greed and we should take that as a lesson to not make the same mistake again.

@OP, this is your first profit in the market, I think you should take partial profits, greed is not good when investing with Lunac its a gamble only pump and dump. Since we are in a bear market, it is very difficult to get profit, I hope you will learn to cherish the profit you get.
hero member
Activity: 2814
Merit: 553
September 07, 2022, 03:29:22 PM
#36
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?

~snip~

Current pump maybe because the community proposes burning LUNC and I see that MEXC held Burning events to support the community proposal. So this pump won't last long I guess since the market still not recovering. If the burn mechanism keep continues then $0.01 is not impossible to reach and it's only a matter of time
Luna price currently increasing rapidly. Where investors have no reliance. The Lunc token has been increasing for a few days only to be reduced by the Luna burn mechanism. With this news, the price of Luna increased significantly,still growing. But at any moment a major obstacle may come. Since the price of Luna has been increasing for several days. However, the coin may turn into 1 cent due to its hype.

Absolutely wont last. Good thing they found a burning mechanism but still it won't be sustained. It might get into a cent but that's still hard considering how huge the supply is and the number of supply that needs to be burnt.
Another things is that, people already have trust issues with this project. Only those who have profited might gonna stay, but for those who have lost a huge chunk of capital, they'll probably not going to risk it again.
hero member
Activity: 2128
Merit: 658
Leading Crypto Sports Betting & Casino Platform
September 07, 2022, 02:35:29 PM
#35
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?

~snip~

Current pump maybe because the community proposes burning LUNC and I see that MEXC held Burning events to support the community proposal. So this pump won't last long I guess since the market still not recovering. If the burn mechanism keep continues then $0.01 is not impossible to reach and it's only a matter of time
Luna price currently increasing rapidly. Where investors have no reliance. The Lunc token has been increasing for a few days only to be reduced by the Luna burn mechanism. With this news, the price of Luna increased significantly,still growing. But at any moment a major obstacle may come. Since the price of Luna has been increasing for several days. However, the coin may turn into 1 cent due to its hype.
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