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Topic: Terra Luna Classic pumping - can it last? - page 7. (Read 953 times)

sr. member
Activity: 1862
Merit: 259
September 06, 2022, 07:01:21 AM
#14
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.
sr. member
Activity: 2002
Merit: 314
Vave.com - Crypto Casino
September 06, 2022, 06:03:19 AM
#13
There’s a lot of hype going on in my social media account, almost of my friend are talking about this and honestly that’s very attractive. Many able to get some profit from here and that’s good for them, but I actually this just a hype because the update is not there yet and there’s no assurance that they can maintain that level. Well, it’s ok to short but make sure you do know when to exit.
newbie
Activity: 2
Merit: 0
September 06, 2022, 05:50:15 AM
#12
They are saying this is a big week for Terra Luna Classic so will be interesting to see what happens.
Then again, that has been claimed before...
member
Activity: 614
Merit: 25
September 06, 2022, 05:14:29 AM
#11
It is falling at the moment so may be a few days till it pumps again.

I think 0.0005 is a good target to take out half my investment and then let the rest ride.

I only put £300 in so by taking out half of it then I am basically left with a £150 gamble, it either goes to zero or I will hold till 0.005 and see decent returns.
hero member
Activity: 2842
Merit: 625
September 06, 2022, 02:49:53 AM
#10
Those prices that you're asking are unlikely to happen. It has a trillion supply and by which it's gonna happen, it means that we're in a bull run and the market cap for it has increased a lot.

How long its pump will last?

We don't know.

Usually with these pumps, they're not going to last and it's better for you to take profit if you can. But if you just want to watch it move up and down, that's fine because you seem to have a high standard before you sell.
hero member
Activity: 2184
Merit: 585
You own the pen
September 06, 2022, 02:30:52 AM
#9
It is not realistic at the current condition of the team.  You see there are some legal issue filed against the team behind Terra Luna Classic, so this pump is a possible way of some whales to squeeze more money on the market, dumping their holdings once the price meet their target selling price.  If you want to take profit, you can join the market before people decides to dump their holdings.

It could be another bull trap again and when you see some people investing while the issue is still there, they are not really investing rather they are playing a gamble game with Luna and these guys know exactly what they're doing and know when to pull out their investment. As for the common folks or those who don't have any idea and they just riding the trend, they better watch out and be careful because they cannot pull out their capital back once massive dumping occurs again.
sr. member
Activity: 1722
Merit: 269
September 06, 2022, 02:30:15 AM
#8
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 also noticed recently that LUNC is in the focus of a lot of traders at the moment. I recently tried out the Kucoin trading bots for the first time and there i noticed that Luna Classic/USDT trading pair has the biggest volume of all trading pairs on Kucoin which is pretty crazy to me as the project is pretty dead in my opinion. A reason for this high trading volume is also that most trading bot users are running it on the LUNC/USDT pair now because of the high volume and the high volatility which is great for trading bots.

I would be very careful though with investing into Luna classic. With the current we are already at a marketcap of more than 2 Billion $ so prices like 0,01$ or even 0,1$ are completely unrealistic if you ask me. I expect a dump pretty soon.
member
Activity: 614
Merit: 25
September 06, 2022, 02:11:31 AM
#7
I do not believe it will reach 0.01 but crypto is very unpredictable and you could say no one expected it to crash from over $100 to these low prices but it did.

I am going to wait till 0.0005 I think and cash out half my investment then and let the rest ride.

They are saying this is a big week for Terra Luna Classic so will be interesting to see what happens.
legendary
Activity: 2072
Merit: 1315
September 05, 2022, 11:31:29 PM
#6
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.
If you really dont want they why not remove only the capital you invested instead. In that way, you are not in loss or any potential loses in thr future since you out your money. That way, you could see if your decision is right after some time. Its always best to stay safe on cryptomarket. This is highly volatile especially lunc is a product of a failed platform.
sr. member
Activity: 1358
Merit: 268
Graphic & Motion Designer
September 05, 2022, 11:18:12 PM
#5
I personally will not touch any project by terra again, I won't take any risk on my money. There is always possibility that if any terra coin project is pumping it might be another price manipulation, so my advice if you insist to put your money on Luna Classic you should be ready to lose your money.
legendary
Activity: 2492
Merit: 1332
September 05, 2022, 10:12:27 PM
#4
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.
legendary
Activity: 1789
Merit: 1008
Keep it dense, yeah?
September 05, 2022, 07:52:14 PM
#3
Consider taking some profit on the way up, and hold some for further speculation.

I really don't see LUNC going anywhere near $0.01, certainly not $0.10. That would be a huge market cap, though one can hope.

As has been suggested already, this is most likely squeeze by whales based on the recent improvements to the network. At least you got in relatively low, so your risk should be largely mitigated, especially if you take some profit.

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.
sr. member
Activity: 1372
Merit: 348
September 05, 2022, 07:28:25 PM
#2
It is not realistic at the current condition of the team.  You see there are some legal issue filed against the team behind Terra Luna Classic, so this pump is a possible way of some whales to squeeze more money on the market, dumping their holdings once the price meet their target selling price.  If you want to take profit, you can join the market before people decides to dump their holdings.
member
Activity: 614
Merit: 25
September 05, 2022, 07:21:33 PM
#1
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.
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