Terra Luna Classic - Take profit or hold?

bitkanu

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Quote from: Joshapat on October 18, 2022, 09:03:29 AM

Seeing the market trend I am sure that Luna can still develop, they have tried to pump up to billions of dollars, I'm sure there are no developers who dare to pump up to billions of dollars for coins who think there is no hope, but after several times pump I believe Luna will get trust again.

Develop what? there's nothing to be developed even further. This protocol is done and mostly being used for pump and dump purpose. I meant you must also see the chart from this token to make sure you understand the situation right now. This project doesn't even have developers.
You must be joking with it. The price even below zero price. There's no hope for this coin.

Joshapat

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Seeing the market trend I am sure that Luna can still develop, they have tried to pump up to billions of dollars, I'm sure there are no developers who dare to pump up to billions of dollars for coins who think there is no hope, but after several times pump I believe Luna will get trust again.

Little_Sister

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Quote from: virasisog on October 17, 2022, 12:24:57 PM

I also had LUNA before and just like the early investors, I also lost when it crashed too much. It's just a good thing that I wasn't holding a huge amount of it. Investors are just taking advantage of it nowadays and sell right away when it pumps but as for me, you better not risk huge funds on it or as much as possible, just invest in well-established coins. It's hard to rely on a coin with a bad reputation.

I'm sorry that you part of the big loss when the crash was too significant, I think we have to consider the risk if we want to invest in bad reputation coins, we see the pump and dump factor is influenced by whales who want to profit from rising luna prices. So I will not add luna to the trading list even though luna is experiencing a significant upward trend.

virasisog

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Quote from: Hamza2424 on October 16, 2022, 01:53:53 PM

Your Plan is pretty decent as you have already mentioned there are a lot of members against LUNAC. I am also from these members as I was in LUNA before the crash and I was holding 5 LUNA at an average buying of 56$ and that's it then what happened you better know haha after that I knew what's ongoing so never ever invested back. Your Mindset is strong you can hold your positions but I would like to say its just day dreaming.

I also had LUNA before and just like the early investors, I also lost when it crashed too much. It's just a good thing that I wasn't holding a huge amount of it. Investors are just taking advantage of it nowadays and sell right away when it pumps but as for me, you better not risk huge funds on it or as much as possible, just invest in well-established coins. It's hard to rely on a coin with a bad reputation.

Morningstarr

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I think your strategy is the best. You have invested at a great point and after the Binance plan related to lunc, we have seen stabilization in the price of lunc. So, for this reason, at least the chances of facing the same situation as before are very low. So it is better to hold it and follow your plan.

ringgo96

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Since the past the luna coin has been very good and and many investors like the coin, but since there was a problem in the past year the coin has been ignored by many investors and very many investors feel that they are harmed by the coin, but you I think are very lucky when others are not believing in the coin anymore you even dare to hold the luna coin and can make a profit, and don't wait long to enjoy the benefits you get at the moment, then think about the next mission.

Psynthax

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Quote from: Hamza2424 on October 16, 2022, 01:53:53 PM

Your Plan is pretty decent as you have already mentioned there are a lot of members against LUNAC. I am also from these members as I was in LUNA before the crash and I was holding 5 LUNA at an average buying of 56$ and that's it then what happened you better know haha after that I knew what's ongoing so never ever invested back. Your Mindset is strong you can hold your positions but I would like to say its just day dreaming.

agreed, lunc is already dying, it would never go back to its value before the crash, mainly because there are many already that bought luna at really low value which means at every luna increase in value, it's gonna gets decreased by these luna baggers at low value since they could easily make good profit from it, I see no reason holding LUNC anymore honestly, it's just shit coins that should be liquidated if could and move on to the other coin like eth and bnb.

Cornia

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In my opinion, if you sell Terra Luna Classic now and you have a small profit or real amount of money, it is better to sell. And if you lose if you sell now, hold for another pump. Because many people have negative ideas about this coin. As a result, there are no new people to invest in this coin. So the possibility of pump is less. Better to buy and hold any other top coin.

Kadal Ijo

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I think the best strategy is to sell partly so that we have gotten ROI + profit so that if a bad thing happens again then we will never regret it, it is difficult to predict whether Luna will continue to shine or sink again.

libert19

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It still appears to active with significant volume. In next bull market should likely give nice returns just cause of BTC. Nonetheless, it's always good idea to take profit, if things go south you will have less reasons to be sad about.

coinerer

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Quote from: Joshapat on October 18, 2022, 09:03:29 AM

Seeing the market trend I am sure that Luna can still develop, they have tried to pump up to billions of dollars, I'm sure there are no developers who dare to pump up to billions of dollars for coins who think there is no hope, but after several times pump I believe Luna will get trust again.

Luna can't be bring anything good again like before so take profit will be a great work now. if you still believe Luna will make them strong again then you are definitely wrong. so you know what will you do but i will suggest you and op to take profit in right time. when you will see you are in profit from Luna clasic then it will better for you to take profit without thinking about long holding

Dickiy

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Quote from: The Cryptovator on October 16, 2022, 02:30:35 PM

I was stupid that I had invested over $5K during the Luna crash which is now worth $500 (approx). I never tried to sell or was not willing to. I just think I lost it forever, so just leave it and let it where want to go. I will be happy when I see the funds have recovered. I don't over-expect recovery. Lose is loss, $500 won't help anything and that's the reason I leave. Whether it will recover my initial investment or forget it. Probably I won't invest any coins in such as situation. One of my friends inspired me to invest and REKT.

it was a very terrible incident in my opinion bro, as far as I bought it never happened like that, I'm sorry for your incident bro. surely you are very confused to sell it or not.
I think we should pay attention to the news circulating outside regarding LUNC because we know that LUNC's reputation was ruined when it fell 99% I think it hit the investors very badly, at the moment we can only take advantage of the whale pumping the price, without holding on for the long term.

asriloni

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Quote from: Morningstarr on October 17, 2022, 12:11:43 PM

I think your strategy is the best. You have invested at a great point and after the Binance plan related to lunc, we have seen stabilization in the price of lunc. So, for this reason, at least the chances of facing the same situation as before are very low. So it is better to hold it and follow your plan.

Binance never has a plan for LUNC. It was only supporting the burn are you bot or what? There's no stabilization. I think that you didn't even actually see the current price of lunc. It's getting down even more. I think that you must wake up from your dream and see what happened with market. This time lunc is not moving anywhere other than dumping even deeper than before. I think that you shall aware about this too.

bittick

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even if luna has already reducing its supplies if there's so many that invested exactly when luna value was tremendously low then it's such futile attempt because luna will never reach its former state that is beyond $1 value because it's just always gonna gets hold back by these that invested when the value of luna was really low. I doubt it's even good investments since it could hardly recover back.

Bazzu

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terra Luna classic, the price used to be quite expensive and finally the price of terra Luna classic fell very deep. And I also experienced losses because I invested in terra Luna classic, but my advice to you, if you want to invest in Luna, try just a little, the point is that you don't invest in Terra Luna Classic with a large capital, at least you can also with a small capital. . so if you experience a loss you will not lose badly, so basically investing in Terra Luna classic, the risk is very high.

TastyChillySauce00

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Quote from: dansus021 on October 17, 2022, 12:07:26 AM

simple answer take profit when you think is enough or take profit at break even point and then keep the rest or staking it

APR was quite big for LUNC. The price will be dumping even more as those who received staking reward will be dumping their LUNC from staking to the market. It can be seen from how fast the dump that was coming for lunc. it seems like that hype is not even working anymore. Im feeling if lunc will be dead in the upcoming years. The hype is the only thing that can make it alive. I will not expect this coin will exist in the crypto market for long term.

dansus021

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simple answer take profit when you think is enough or take profit at break even point and then keep the rest or staking it

Jaered

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My advice… Take profit. In this market, its the profit that keeps you going. Hodling is a bit too unpredictable, you don't know what direction the market is gonna swing. So if I am you, I take my profit and hit the long road, honcho. My 2 sats

Lantind

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Quote from: The Cryptovator on October 16, 2022, 02:30:35 PM

I was stupid that I had invested over $5K during the Luna crash which is now worth $500 (approx). I never tried to sell or was not willing to. I just think I lost it forever, so just leave it and let it where want to go. I will be happy when I see the funds have recovered. I don't over-expect recovery. Lose is loss, $500 won't help anything and that's the reason I leave. Whether it will recover my initial investment or forget it. Probably I won't invest any coins in such as situation. One of my friends inspired me to invest and REKT.

I think it is very difficult to recover the amount of balance that has been lost. Considering Luna is not a good coin.
If the coin price drops, of course there is still hope for us as holders, but it's different from Luna. Luna commits a fraud by throwing all the coins down to the lowest price.

The Cryptovator

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I was stupid that I had invested over $5K during the Luna crash which is now worth $500 (approx). I never tried to sell or was not willing to. I just think I lost it forever, so just leave it and let it where want to go. I will be happy when I see the funds have recovered. I don't over-expect recovery. Lose is loss, $500 won't help anything and that's the reason I leave. Whether it will recover my initial investment or forget it. Probably I won't invest any coins in such as situation. One of my friends inspired me to invest and REKT.

Rana590

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I think lunc will not be able to bear good profit in future. It is better to take profit by short term holding. In my personal opinion, lunc will not increase gradually and we can see up or down repeatedly. So buy in deep and sell when you're in profit and repeat it again. Besides, you can hold some amount for future because any good news about lunc can give you good amount of money.

ScamViruS

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Quote from: Humility4sure on October 16, 2022, 01:09:32 PM

Luna is one of the projects that I would never want to remember my experience. It feels really bad because I never expected such a decline in my wildest dream. I've also seen the project as a solid one until the impossible happened. I know my experience was painful but I take solace knowing that many more persons had worst cases and still survived.

There are many more investors like you who are trying to forget this project. Because the project looked so solid that the investors did not sell even after being in profit. And their expectations are coming out as nightmares. Many investors were hit hard by the luna crash, which is not easily forgotten. But now those who are trading in this coin, I think they are aware enough because after the incident, maybe no one will be so careless.

justdimin

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Quote from: tvplus006 on October 13, 2022, 05:19:37 AM

A coin that has been subjected to such a dump will never again be an object of investment for large capital. Now this coin has turned into a dummy, which is maintained for the sole purpose of pump&dump. Therefore, if your position is in profit, you should close it and invest in more promising coins.

There will be a day when 100% of the people will realize this, but that is not today. We are seeing gradually everyone leaving, one by one, but right now there are still some people who lost so much money that they still hold onto some sort of belief that they will find a way to fix it, I am not saying that it will make any profit, but they are trusting that they will at least get like 10% of it back, because that’s a huge profit for them compared to right now.

Unfortunately, that’s not going to happen, it won't recover that much, and that means all these people lost their money and to tell them "it’s all gone" is not something they can accept easily.

Hamza2424

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Your Plan is pretty decent as you have already mentioned there are a lot of members against LUNAC. I am also from these members as I was in LUNA before the crash and I was holding 5 LUNA at an average buying of 56$ and that's it then what happened you better know haha after that I knew what's ongoing so never ever invested back. Your Mindset is strong you can hold your positions but I would like to say its just day dreaming.

monineklutak

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I doubt there has been any substantial profits one can really make from LUNC in the past few days except those that invested after the crash. Some that even came on board LUNC after the post-attack ATH are at loss now but we should still be bullish about LUNC as we're all hoping there will possibly be approval of offchain tax as on onchain transactions to help fasten the rate of burn.

even though LUNA has been confirmed as a scam project, but unfortunately I can't believe that LUNA can return to its development,
I don't know, for myself of course I will not invest in Terra Luna or Luna Classic because the volatility in this coin is extraordinary, it could even be crash v2 came in this coin.
but for trading, of course it's still worth it, because Binance also still supports LUNC pairs. LUNA and even other Terra Luna ecosystems, so you can trade there and take profit if you are satisfied.

Humility4sure

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Luna is one of the projects that I would never want to remember my experience. It feels really bad because I never expected such a decline in my wildest dream. I've also seen the project as a solid one until the impossible happened. I know my experience was painful but I take solace knowing that many more persons had worst cases and still survived.

JamesDaniel90

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Have just sold another $100 worth at 0.000265.

LUNC could pump but I am beginning to lose patience with it all you hear on youtube is ‘good news’ and the price has just been falling last few weeks. Would rather invest some profit while I can into better coins I want to hold long term.

I now have $200 invested which has left me with 2.6 millon LUNC.

BitDane

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Quote from: Marykeller on October 12, 2022, 07:16:36 AM

I have said to myself not to discuss or look at luna's price again. I have even removed the luna token from my wallet. Seeing her price each day makes me angry the more. I invested a day before the crash when the price was around $4 per token.

Don't get too emotional. Losing is a part of risk we have to take when investing in a crypto project. Better to bag the learnings we got than the hatred of losing.

Quote from: Marykeller on October 12, 2022, 07:16:36 AM

I wonder how long will it take me to get my invested money back if I follow this method of yours ''taking profits when the price increases a little''.

To me, Luna is a dead-and-gone coin, removing my mind from it was the best decision I have ever taken. Not regretting it a bit

there is no assurance that you will recover your initial capital since you bought Luna at $4. It is quite impossible for the project to reach that price for many reasons.
1. The total circulating token is too many to hit that price
2. There are lots of negative things happening to the project and its founder
3. There is a little trust on the project.

strunberg

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Quote from: ?? on ??

even with support coming from binance luna will still fall, even though recently luna has gained some of its value again meaning it has gotten the increase in value, it will eventually fall again since luna itself isn't sustaining, binance that supports luna is basically an exchange that of course aren't gonna waste too much resources in something like luna, eventually I think even binance gonna abandon this coin in the future.

soon or later binance Will delist this coin , moreover there is no more development since Luna CEO run. People buying this coin only for speculation purpose ,they know about what actually happen to Luna but give a space for speculation was good act to gain good return of its work. Binance still hold Luna in their exchange due mathematics reason atleast they could recover their loss innluna Investment by trading fee.

lixer

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Quote from: JamesDaniel90 on October 12, 2022, 06:32:27 AM

I was never one thinking it would reach $1 again , I am happy if it reaches $0.005 but even that is starting to look like a struggle as we have had lots of 'good news' lately and the price is going down not up.

I know there are a lot of people against Luna now but for those who are invested and holding , what is your plan?

Why only pull out $100 right after every pump. What if you just pull out all the capital that you have invested? And I think you will still be left out with more luna coins. You can then hodl it as long as you want and you will never have regrets anymore even if it dumps and won't recover. And what is that good news you are talking about? We don't have any lately but what we only have are negative news.

You know the new rumored war, the recession, inflation and many more. There's also news which are only specific for luna but it was a negative one, and that is authorities are now hunting do kwon (the founder of luna). With that kind of news, do you still think the price of luna will rise? No way.

WalkerIVIV

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Quote from: XwWnu on October 14, 2022, 10:45:29 AM

Terra Luna Classic still has a very small price, and the possibility of CZ still supporting it,
we can trust CZ but we don't have to trust LUNC, because we know the LUNA incident has made many people depressed because they lost,
so if you still hold LUNC make sure you really strong no matter what.

what are you expecting more from cz since binance already supported the burn mechanism? No possibility for CZ to waste all of his time in scam coin like lunc. CZ can waste his time for a better thing rather than using it for garbage coin.
Hold lunc until will be going to the bottom again. The burn gives no more impact to the lunc. Dump lunc dump. There's no reason to buy this scam coin anymore.

d3nz

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Quote from: XwWnu on October 14, 2022, 10:45:29 AM

Terra Luna Classic still has a very small price, and the possibility of CZ still supporting it,
we can trust CZ but we don't have to trust LUNC, because we know the LUNA incident has made many people depressed because they lost,
so if you still hold LUNC make sure you really strong no matter what.

If you bought it for a really cheap price then it would be worth holding. Holding this kind of altcoin is really risky and it could turn to your loss. Another option is to future trade it with less margin and if you know how the market flows when it will go up and down then you can make a profit on it.

We can trust CZ but the developer of LUNC cannot be trusted and we can see that value of LUNC only rely on the updates and if some whales try to put a USD volume on it.

Xxmodded

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Run away for trading or investing with all Terra Luna classic coins after warning from Binance, actually I don't brave for investing in coin ever get problem and notify warning from Exchange market. Luna coin have is not recommended for investing actually have decision for long term investment with Terra Luna Classic network. Issues about developer of Terra Luna run away after South Korean court has issued an arrest Do Kwon as developer or the owner this coin. You can choose another coin for investing because worry some time when developer get arrest potential delist on Binance.

XwWnu

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Terra Luna Classic still has a very small price, and the possibility of CZ still supporting it,
we can trust CZ but we don't have to trust LUNC, because we know the LUNA incident has made many people depressed because they lost,
so if you still hold LUNC make sure you really strong no matter what.

Smack That Ace

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Quote from: Ararbermas on October 14, 2022, 09:14:01 AM

Quote from: JamesDaniel90 on October 12, 2022, 06:32:27 AM

I know there are a lot of people against Luna now but for those who are invested and holding , what is your plan?

its good idea to dump IMO than trusting that project again because obviously many investors were losing interest on it after the manipulation of price. So its a good idea to leave and find new investment especially if the plan is to hold for long run coz it's not safe anymore and surely it will become so stagnant at the current level..

It is not yet confirmed that it will continue to be dumped and scam investors again, but it is too risky to invest in it. Meanwhile we have a lot of coins that are much better than Lunc. Let's say I'm OP, I will also sell all Lunc and will invest in another coin, I would rather accept less profit and a good night's sleep than not being able to go to bed every night with my invested, don't put pressure on yourself.

The market always has opportunities, as long as we have money, the opportunity will always come to us, learn how to invest safely, don't learn to gamble and get rich quickly.

Ararbermas

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Quote from: JamesDaniel90 on October 12, 2022, 06:32:27 AM

I know there are a lot of people against Luna now but for those who are invested and holding , what is your plan?

its good idea to dump IMO than trusting that project again because obviously many investors were losing interest on it after the manipulation of price. So its a good idea to leave and find new investment especially if the plan is to hold for long run coz it's not safe anymore and surely it will become so stagnant at the current level..

Yamifoud

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Quote from: Onyacin on October 14, 2022, 08:39:10 AM

I think it would be better to take out the original amount and hold the profit if you think LUNC will give better profitable result of in future. Meanwhile keep in view the overall Market situation & try to buy at the dip.

It was not easy to erase the issue that LUNA has been doing, their reputation has already ruin which makes investors stay away and rejected this project. May we can say that this project is worth investing in before but for now, it belongs to shitcoins. Likely, if I still have Luna left in my wallet, I surely sell them all and invest in Bitcoin.

Well, my honest take about this project, it can't be trusted anymore nor I will expect huge investors to help themselves to understand the situation and forget about the past but it serves as a warning to all of us.

Onyacin

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I think it would be better to take out the original amount and hold the profit if you think LUNC will give better profitable result of in future. Meanwhile keep in view the overall Market situation & try to buy at the dip.

blockman

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Quote from: judaspriest on October 14, 2022, 04:38:15 AM

if you ask take profit or hold it's better to just take profit, because we know that in crypto currency nothing is 100% successful,

Nothing but bitcoin.

Quote from: judaspriest on October 14, 2022, 04:38:15 AM

even in the past LUNA was also predicted to be a competitor of Ethereum, but in reality LUNA went to zero and really made losers,
investors and traders I believe many have ended up here and no believe again in Terra LUNA.

This is the truth about Luna, it was one of the most interesting projects in the market but with the fiasco that it made. Many investors have pulled out because it's not what they used to know. And the true colors of the developers came out and no one on Earth would trust that attitude of investors because they're only thinking about themselves. With the recent that I've seen about Kwon, it's said that he keeps on sending bitcoin into exchanges for him to dump it all.

Natalim

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Better play it smart and cashout whatever you can take out of the market while you are able to sell on green zone. Otherwise, the next BTC market crash will destroy alts so the clouds will turn to black over small marketcap altcoins. My suggestion is to stop trading on lower timeframes of Luna chasing small profits, go sell Luna classic for USDT.

Even the next crash might be terrible but I couldn't lose hope for some of the altcoins. But if we talk about Tera Luna, certainly be right to sell them and make another choice of coins to hold rather than hoping for this to pump as it was very unlikely. It was hard by now to invest and hold stablecoins, decentralized coins are having more issues. I'd rather make choose of a highly volatile coins than these stablecoins.

judaspriest

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if you ask take profit or hold it's better to just take profit, because we know that in crypto currency nothing is 100% successful,
even in the past LUNA was also predicted to be a competitor of Ethereum, but in reality LUNA went to zero and really made losers,
investors and traders I believe many have ended up here and no believe again in Terra LUNA.

CuriousGeorge

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It's better if you are still taking your profit. There's no chance for this coin to go up again. The dev needs to burn trillions of coins to make it happen. Im feeling doubt if those dumb lunc suppoters were able to reach $1 for each lunc coin. They are drunk.
You can invest again when the price will be dumped again. Think about this rather than wasting your time. You can try to open position again.

BobK71

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Quote from: lienfaye on October 13, 2022, 10:30:32 PM

This coin already lost the trust of the investors after the dump that happened leaving the investors who put their money in it experienced a huge loss. Hence, I dont think Terra can recover again to its previous decent price since the people who trusted it before already quit.

In your case, it's up to you, if you want to continue holding this coin and you're confident it will pump again in the future then hold but better to not have high hopes. If it's me I probably pull out my money and look for other project that has more potential.

Luna Pump is nothing more than a hype. Their burn mechanism may help increase the price a bit but that shouldn't make the price skyrocket. Some investors here think it could be $1 to $2 in the next 1 to 2 years for this purpose they are investing but is it possible at the moment. Absolutely not. But if the team want to reduce the supply through burning, it takes a long time.

lienfaye

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This coin already lost the trust of the investors after the dump that happened leaving the investors who put their money in it experienced a huge loss. Hence, I dont think Terra can recover again to its previous decent price since the people who trusted it before already quit.

In your case, it's up to you, if you want to continue holding this coin and you're confident it will pump again in the future then hold but better to not have high hopes. If it's me I probably pull out my money and look for other project that has more potential.

tbct_mt2

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Quote from: kesmex on October 13, 2022, 04:53:26 AM

Terra Classic or LUNC can indeed be said to be one of the projects with great potential to reach 100x,
but LUNC also has the potential to dump to zero, because we know the problem at Terra LUNA is very serious

LUNC can have a very good growth after all the massacre it did on its investors in May 2022. However, the journey to 100x is not easy and I am sure it won't be a rosy one. So if you want to invest in LUNC, please don't use all capital you have for it. It is a very risky investment but at least I consider it is not gambling. Personally I have some reasons to believe in it and don't consider it as gambling.

Quote

Do Kwon the founder of LUNA has also become a fugitive, so according to me if you buy LUNC make sure you have to monitor it every day.

Do Kwon won't be a reason for LUNC to have 100x growth and I don't count him as one of factors for my investment decision. I believe that community and exchanges will play very important roles to help LUNC to grow 100x, not Do Kwon.

Forget about Do Kwon if you are LUNC investment. If you think he has effects on LUNC, you will be panic and shake hands easily when bad news about Do Kwon released.

adzino

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Quote from: JamesDaniel90 on October 12, 2022, 06:32:27 AM

I have invested $400 in Terra Luna Classic since its collapse in June.

I cashed out $100 at $0.00052 when it pumped a few months ago meaning I have $300 left in it giving me 3 million at an average price of $0.0001.

Seeing how it has struggled since the pump a few months ago I am left thinking I should have cashed out more at $0.00052 but I am still holding now waiting for another pump.

The current price is $0.00029 and I am thinking of cashing in another $100 when the price gets back to $0.00035.

I was never one thinking it would reach $1 again , I am happy if it reaches $0.005 but even that is starting to look like a struggle as we have had lots of 'good news' lately and the price is going down not up.

I know there are a lot of people against Luna now but for those who are invested and holding , what is your plan?

Follow your own plan. Different people will have different plan based on their own finance situation. Some will want to take a risk, others will avoid taking any risk.

Do what you were doing. Keep taking small profits when the price starts to pump. The luna classic community seems to be very active and has a lot of support even from different centralized exchanges. And the yeah, the $1 "dream" won't be coming true anytime soon. They will need to burn a lot of supply and at current rate, it will take years!

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Quote from: tvplus006 on October 13, 2022, 05:19:37 AM

Quote from: JamesDaniel90 on October 12, 2022, 06:32:27 AM

...I know there are a lot of people against Luna now but for those who are invested and holding , what is your plan?

A coin that has been subjected to such a dump will never again be an object of investment for large capital. Now this coin has turned into a dummy, which is maintained for the sole purpose of pump&dump. Therefore, if your position is in profit, you should close it and invest in more promising coins.

Everyone investing in it is expecting a big pump, I don't understand how they can focus on investing in such a bad reputation coin before. Meanwhile, we have hundreds of other potential coins in the market which can also give us a good profit. It seems like people prefer to gamble with their money rather than invest, with Lunc now, aside from bumping and dumping, it really doesn't have any use cases anymore. If someone wants to gamble for high profit then I think it is better to invest in memecoins like doge or shiba than lunc. It's all gambling but at least doge and shiba haven't fooled anyone before.

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Quote from: JamesDaniel90 on October 12, 2022, 06:32:27 AM

...I know there are a lot of people against Luna now but for those who are invested and holding , what is your plan?

A coin that has been subjected to such a dump will never again be an object of investment for large capital. Now this coin has turned into a dummy, which is maintained for the sole purpose of pump&dump. Therefore, if your position is in profit, you should close it and invest in more promising coins.

kesmex

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Terra Classic or LUNC can indeed be said to be one of the projects with great potential to reach 100x,
but LUNC also has the potential to dump to zero, because we know the problem at Terra LUNA is very serious,
Do Kwon the founder of LUNA has also become a fugitive, so according to me if you buy LUNC make sure you have to monitor it every day.

bounceback

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Maybe it would be better if you are willing to always take advantage of your investment at every opportunity because at this time we all know that the Terra project is dealing with the SEC so we can't predict easily whether the Terra Luna coin will have a better value or the project will eventually die in the market, don't expect too much from them, always prioritize portfolio diversification with the right choices so you don't experience losses later.

BobK71

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Many are anxious to make new investments in Luna. They don't know what to do. It is natural to think like this especially after such a big scam. Some believe that the current lunar pump is essentially a manipulation by whales. They will try to dump it by increasing the price a bit. Moreover, many have expressed their concern as to why the price of Luna is increasing after the CEO is in legal trouble. So one should never invest without understanding well before investing. But if one wants to take risk cautiously that would be better.

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A few hundred dollars isn't a very significant investment. It is still a very risky investment considering their history. The Luna Foundation isn't very trusted. I don't see enough upside to hold this coin as a long term investment.

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Quote from: JamesDaniel90 on October 12, 2022, 09:54:41 AM

Hi all

I only took out $100 at $0.00052 as I thought we would carry on rising and did not want to cash out too soon.

It was a 5x at the time so I now realize I should have at least took out the $400 I put in.

Have only been in crypto 6 months and this is the first time I have had any profit above 3x so wasn't sure what was best to do to be honest.

I see it has done well today with a 12% pump but not enough for me to cash out any more of my investment just yet.

I will hold for now and hopefully we will have another pump soon, it is just taking a while seems to be steady around $0.00029 mark.

You've done your best for now because you've already taken some of your profits. And it may require more patience to wait for the price to increase and even reach your desired price target.

Maybe the coin will be stable at its current price for a while because we don't see any significant movement from bitcoin yet, making the market look slow. And if the next pump comes back and looks bigger than before, it might be a good time to sell some to take your profits.

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Quote from: JamesDaniel90 on October 12, 2022, 12:02:16 PM

I agree taking profit soon is best way however it almost reached $0.0006 a few months ago so if it can get there again for me would be good return.

I am hoping it will reach $0.001 however not sure how long that will take but that would be a 10x for me so may be worth waiting for.

If I were you I will sell enough Luna to recover my initial investment, even at the current price it seems you are in profits so this can be done immediately, that way you will not have to worry at all about the future of Luna as you will at least in the worst possible scenario get your money back.

I say this because I do not think there are too many chances Luna will move in the way you want, and if anything things should get worse and its price could start to dump once again, as I do not see how it could begin to go up in value when everything is against it.

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Quote from: JamesDaniel90 on October 12, 2022, 06:32:27 AM

(....)
I know there are a lot of people against Luna now but for those who are invested and holding , what is your plan?

I sold immediately my holdings especially before right away when I got the forked altcoins.
Me, I cannot trust again the project, I lost too much on their stablecoins, it's their biggest mistake. So for me, it's really difficult to trust their project again now. The damage has already been done.

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Quote from: JamesDaniel90 on October 12, 2022, 06:32:27 AM

I know there are a lot of people against Luna now but for those who are invested and holding , what is your plan?

You already see what happened to Terra Luna Classic. People are not against them but they just want to give good advice to those hypesters thinking the price will reach $1 or even close. They just want to wake up those people who are still under that belief.

Since you consider investing in this coin even after its big collapse and putting a decent amount at it, I'm sure you are also hoping for that $1 price even though you have mentioned that you're not. For taking profits, I think you just need to test some strategies until found a working one.

Don't expect advice coming from holders because they will just hold no matter what hoping to reach their dream price to achieved.

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Quote from: NicNacCoin on October 12, 2022, 06:01:34 PM

Tera Luna Classic seems to be pumping a lot at times. Maybe the project is trying to move forward and they are giving good news one after another.But a fear has crept in people due to which they are not investing here mostly and those who are are investing for short time.But you can invest here for short time but I never suggest you for long term investment.You can profit here but not hold.

It's pumping and dumping again so what's difference? I see that if the price of luna is very stagnant at this moment. This token is not even worthy to hold. Daily trade still make sense rather than using it as long term investment. I will not even agree with it. It seems like that if it gonna be the worst thing for sure. It's just matter until luna dump again. Luna has no chance to go up like what happened in the past. it's dead right now.

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Quote from: JamesDaniel90 on October 12, 2022, 06:32:27 AM

I know there are a lot of people against Luna now but for those who are invested and holding , what is your plan?

I have to give up hoping that Luna will gain more investors and increase demand which could rally the price up again. I was hopeless right after the issue come out and I see many investors/holders selling then which make its price dump more. If you are still holding them, better to make the decision to sell and use that money to buy Bitcoin before this project dies. I'd never see it as ideal to still hold Luna, though we can see a pump happening in the past days something questionable about who does it as it was certainly a sort of manipulation as this will never stay long, and drop back to the bottom.

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Tera Luna Classic seems to be pumping a lot at times. Maybe the project is trying to move forward and they are giving good news one after another.But a fear has crept in people due to which they are not investing here mostly and those who are are investing for short time.But you can invest here for short time but I never suggest you for long term investment.You can profit here but not hold.

erep

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I was investing in luna until it shows the characteristics of shitcoin that I decided to invest in the other coin instead, I mean I know the volatility could make you rich, if you lucky, you could invest at the very bottom and make your measly investments into millions just from the volatility and fluctuation itself, but then again that is if you are lucky, since big chance 1 out of 1000 are just gonna be losing their investments in luna since it's such manipulated coin that the winner will always be the ones that manipulates.

We should avoid investing in Luna coins, I have reviewed the Lunc trading market due to the pump and dump factor of the effects of trade manipulation for whale profits, so we should ignore investing in Luna coins on the portfolio unless you are willing to take a high risk of losses. I think even though binance supports burning from every piece of trading activity but the increase in Lunc is only used for investment recovery from previous losses so any increase will be easy to dump after the whales take profit and they will buy it again at the lowest price, so you are right that the whales are winners of the manipulation price.

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Quote from: JamesDaniel90 on October 12, 2022, 06:32:27 AM

I know there are a lot of people against Luna now but for those who are invested and holding , what is your plan?

I invested in Terra when it was around $2 then DCA as it crash, sadly I didn't buy when it bottom since I was sleeping at that time. When I read the news about the fork. That was the time I decided to sell my holdings. I somehow recover my investment thanks to cost averaging. I don't think Luna has a bright future. There are lots of controversies surrounding the project and the fact that its original developer is wanted by the South Korean authority, I believe Terra Classic is already doomed.

I hope the price somehow pumps so you can cash out with a bit of profit or regain your investment at least. There is no reason to hold Terra Luna Classic, I think it is naive to think that this token will recover.

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Quote from: JamesDaniel90 on October 12, 2022, 06:32:27 AM

I know there are a lot of people against Luna now but for those who are invested and holding , what is your plan?

Knowing what others plan might only wreck what's on your mind especially if you are asking those people who already put decent money into buying that coin and are also in a big paper loss right now. It will totally affect your self-decision skills.

Since you already did some actions, I know you can make up your own strategy on what things are appropriate to do.

Remember that those who invested in Terra Luna Classic are expecting a moon price therefore expect the majority of hodlers will only look at the positive side and will ignore any negative hopes on that token. I'm sure that the most common response you will encounter from those believers is to "just hodl".

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If you could cash it out and still profitting I think it's wiser if you take your profit, I see no future for luna, you better off investing in other coin like matic and sol. after all if you're waiting for luna to increase, it's like waiting meme coin and even shitcoin in general to increase, you never know where it will occurs since luna itself is already could be considered as dead coin since that's just how it is.

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I agree taking profit soon is best way however it almost reached $0.0006 a few months ago so if it can get there again for me would be good return.

I am hoping it will reach $0.001 however not sure how long that will take but that would be a 10x for me so may be worth waiting for.

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A lot of people were affected by the crash, knowing that it destroyed a lot of people's dreams. It’s not going to be smooth sailing from now on. It’s like people with traumatic experiences that wouldn’t want to go back to that scene where they have experienced it. There is already a track record, and I don’t think it will return to that level anymore.

Just take your profit and enjoy it for sure. You have made a positive thing towards that all negative.

dlightag

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Terra Luna has been doing well before the clash which many investors are still pain of the lost, hoping that one day luna Coin we pump back more than $1 as your expectation, So congratulation base on your entry point of your investment while holding millions of the tokens.

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Hi all

I only took out $100 at $0.00052 as I thought we would carry on rising and did not want to cash out too soon.

It was a 5x at the time so I now realize I should have at least took out the $400 I put in.

Have only been in crypto 6 months and this is the first time I have had any profit above 3x so wasn't sure what was best to do to be honest.

I see it has done well today with a 12% pump but not enough for me to cash out any more of my investment just yet.

I will hold for now and hopefully we will have another pump soon, it is just taking a while seems to be steady around $0.00029 mark.

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If I can see an increase of 2 times the purchase price I did some time ago, I plan to sell a few percent of the total number of coins I have and take the profit.
Maybe I will also take the initial capital that I have used to invest in the coin if the amount of profit is very large.
So if I were you, maybe taking another $100 would be fine, especially if you have an urgent need that needs to be met.
Otherwise, you can keep holding it until your target price is reached.

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Quote from: JamesDaniel90 on October 12, 2022, 06:32:27 AM

I have invested $400 in Terra Luna Classic since its collapse in June.

I know there are a lot of people against Luna now but for those who are invested and holding , what is your plan?

My plan for investing in shitcoins is very simple. As soon as the price of a shitcoin grows by 200%, then you sell half of the coins and take your investments, and with the second half of the coins, which is now free for you, you are waiting for big XX

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Just take profit and leave it alone. I'm sure that you know that there's less hope for that project and many will just abandon that for sure when they've made profits already.
Like them, don't be too emotional and attached on it because you don't know how long it will have that value and it's likely that it'll go to a lesser value since we're dealing with the bear market.

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Take profit is far better. I have seen the result from lunc burn which is making so many people feel disappoint with it. This pure pump and dump coin. If you are truly traders and you do know that if lunc burn will not give any impact until next decade. The daily trade volume was also affecting the result from burn. It's very small right now. You shall become a smart trader, take profit and then try to buy at the dip. This is the best thing that you can do with your money.

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Quote from: JamesDaniel90 on October 12, 2022, 06:32:27 AM

what is your plan?

you are lucky people who have benefited from luna, i dont have plan after that incident i forgot luna was in my wallet, and i stayed away from him, too painful to remember,

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Quote from: JamesDaniel90 on October 12, 2022, 06:32:27 AM

I have invested $400 in Terra Luna Classic since its collapse in June.

I cashed out $100 at $0.00052 when it pumped a few months ago meaning I have $300 left in it giving me 3 million at an average price of $0.0001.

Seeing how it has struggled since the pump a few months ago I am left thinking I should have cashed out more at $0.00052 but I am still holding now waiting for another pump.

The current price is $0.00029 and I am thinking of cashing in another $100 when the price gets back to $0.00035.

I was never one thinking it would reach $1 again , I am happy if it reaches $0.005 but even that is starting to look like a struggle as we have had lots of 'good news' lately and the price is going down not up.

I know there are a lot of people against Luna now but for those who are invested and holding , what is your plan?

You're lucky that you've done good investing in Luna, my investment in Luna is forgettable I lose 90% of my investment here and I don't think I can recover my losses the way it performs in the market I should have sold it earlier, the risk in investing in Luna is very high, a lot of bad things are attached to this coin, there's not even guaranty that there will be another pump, but since you did good in the past and if you're comfortable on whatever losses you may incur then it's up to you to decide if you still want to have it in your portfolio

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As far as I've been following the news lately, first: Lunc is run by a spontaneous team from Terra's old team, which means it's no longer related to Dokwon. Second, with the recent news of binance claiming to support the burning of Lunc with the proceeds of Lunc's transaction fees, it shows that they are trying to help Lunc. Personally I believe in binance so what they are doing will benefit Lunc in the short term, so my advice is you can hold Lunc short term and wait for the bigger news, I believe it will pump again.

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I have said to myself not to discuss or look at luna's price again. I have even removed the luna token from my wallet. Seeing her price each day makes me angry the more. I invested a day before the crash when the price was around $4 per token.

I wonder how long will it take me to get my invested money back if I follow this method of yours ''taking profits when the price increases a little''.

To me, Luna is a dead-and-gone coin, removing my mind from it was the best decision I have ever taken. Not regretting it a bit

BIT-BENDER

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From your story you definitely have made something out of Luna. Congratulations to you so many people have an opposite story to this. Luna used to be a fantastic coin and had even giving people huge profits before that unimaginable fall.

Many investors thought this fall was just another opportunity to invest more and the price would go up and they would make more profits, but as we saw it this didn't happen. Then you came in after all that and then got something out of it. With the uncertainty already exhibited by Luna I won't give them my full confidence.

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I have invested $400 in Terra Luna Classic since its collapse in June.

I cashed out $100 at $0.00052 when it pumped a few months ago meaning I have $300 left in it giving me 3 million at an average price of $0.0001.

Seeing how it has struggled since the pump a few months ago I am left thinking I should have cashed out more at $0.00052 but I am still holding now waiting for another pump.

The current price is $0.00029 and I am thinking of cashing in another $100 when the price gets back to $0.00035.

I was never one thinking it would reach $1 again , I am happy if it reaches $0.005 but even that is starting to look like a struggle as we have had lots of 'good news' lately and the price is going down not up.

I know there are a lot of people against Luna now but for those who are invested and holding , what is your plan?

Topic: Terra Luna Classic - Take profit or hold? (Read 781 times)