I have to say that I would not invest in Luna. The tokens lost 98% so rapidly that I got cold feet. I just can’t trust a company with a record like that. I think it’s really interesting what they’re doing and did read up on Luna quite extensively but in the end I’m passing on this one.
I’m a huge fan of bitcoin and have a strong position. I am open to diversifying a small percentage of my portfolio into interesting projects but Luna just doesn’t qualify with such a dramatic fall. I guess at the end of the day I lost faith in the Terra ecosystem but that’s just me.
Topic: Well, you put your money in your luna if it gets forked? - page 4. (Read 746 times)
trusted is broken, It'll be bad decision to trust luna team and invest again with their new token or existing one which is now known as luna classic. Its funny as CEO announcement for recovery plan but will it work? No. Forked token is unable to recover 1% of that total assest that people lost. Hype is temporary but in the long run, no progress will be seen. So Its better to forget about luna and look away from it.
A fork from a priceless token is still a priceless fork... It makes no sense to invest in LUNA for this reason. It's like adding 0 + 0 and expecting something above 0 as final result.
On the other hand, if I were a LUNA investor who lost 99% of the investment value due to the recent crash, I would keep holding the coins to see what happens. That would be an extreme and desperate strategy, though. Nevertheless, there wouldn't be much to do anyway. To sell every coins and recover less than 1% of the initial investment seems even worse.
In this case, I really hope speculators help pumping this currency once again, so initial adopters can recover a larger percentage of their portfolio, but I think it's unlikely to happen.
On the other hand, if I were a LUNA investor who lost 99% of the investment value due to the recent crash, I would keep holding the coins to see what happens. That would be an extreme and desperate strategy, though. Nevertheless, there wouldn't be much to do anyway. To sell every coins and recover less than 1% of the initial investment seems even worse.
In this case, I really hope speculators help pumping this currency once again, so initial adopters can recover a larger percentage of their portfolio, but I think it's unlikely to happen.
That would be the decision of the previous holders. Just wait if there will be something good to happen in this fork. Otherwise, don't put more money into this project. Hard to spend more to something uncertain. We also don't know if the LUNA team is just doing this for the sake of giving false hope to the screwed holders of their coins. I believe, not trust what they are saying. Better trust your instincts.
A fork from a priceless token is still a priceless fork... It makes no sense to invest in LUNA for this reason. It's like adding 0 + 0 and expecting something above 0 as final result.
On the other hand, if I were a LUNA investor who lost 99% of the investment value due to the recent crash, I would keep holding the coins to see what happens. That would be an extreme and desperate strategy, though. Nevertheless, there wouldn't be much to do anyway. To sell every coins and recover less than 1% of the initial investment seems even worse.
In this case, I really hope speculators help pumping this currency once again, so initial adopters can recover a larger percentage of their portfolio, but I think it's unlikely to happen.
On the other hand, if I were a LUNA investor who lost 99% of the investment value due to the recent crash, I would keep holding the coins to see what happens. That would be an extreme and desperate strategy, though. Nevertheless, there wouldn't be much to do anyway. To sell every coins and recover less than 1% of the initial investment seems even worse.
In this case, I really hope speculators help pumping this currency once again, so initial adopters can recover a larger percentage of their portfolio, but I think it's unlikely to happen.
The past few weeks have been the most challenging for there luna coin investors, as the network witnessed a hard attack that led to its price crash but then we can't give up on the project since it has some good prospects. And recently the CEO announced a recovery plan so am forced to ask will still buy the forked luna coin if it lunched or you rather look away from it?
I would ask another question: do people value the money they have?
if so then they would not put more money into this altcoin. I've seen comments from people complaining that this altcoin destroys their lives and that they lost everything, how can someone who values their money have the courage to buy this altcoin after reading so many sad stories about this altcoin? what future does this person expect? get 4X profit? 100X profit? this is simply being reckless and greedy to the point of not thinking that for the altcoin to increase it needs buyers, and buyers are people and in cases of a big scandal people tend to distance themselves from the thing that got involved in the scandal
The past few weeks have been the most challenging for there luna coin investors, as the network witnessed a hard attack that led to its price crash but then we can't give up on the project since it has some good prospects. And recently the CEO announced a recovery plan so am forced to ask will still buy the forked luna coin if it lunched or you rather look away from it?
LUNA was just a bad project and it was only a matter of time that it would fail.
If someone invests in a new project of a person who has become famous all over the world for such a huge failure, then is crazy and should not manage their money at all.
LUNA is a thing of the past and if someone hopes to get their money back, unfortunately, they should rather look for it by investing in other, prospective projects and hope that they will be successful.
The past few weeks have been the most challenging for there luna coin investors, as the network witnessed a hard attack that led to its price crash
I don't think LUNC were attacked, I believe it was purposely done by the developer in order to milk LUNC and get fund from this "attack" to support UST. but then we can't give up on the project since it has some good prospects.
What are those good prospects? Kindly elaborate? The only thing I see on LUNA/LUNC at this moment is the developer trying to milk investors again.
And recently the CEO announced a recovery plan so am forced to ask will still buy the forked luna coin if it lunched or you rather look away from it?
Forking Luna isn't a recovery plan, it is dumping the old Luna plan and escaping from responsibilities. I would not buy LUNA because I have already seen how irresponsible the people behind the project are.
Well, precisely, there are still many more promising coins why should focus again on Luna and its new project or forks? I personally am not interested to this, moreover to do it for long term investment. Learning from the LUNA, I think it is also highly risky to hold the new LUNA or LUNA fork for the long term. If it happens, I maybe only choose the new LUNA or Fork luna for short term in orderto get nstatnt profits. AFter getting the target, I will rpefer to let it and take profits. Not willing to have for the long term investment. But this is only second opinion, mostly, I am not intersted i their new launched project
Of course no. Why I should put money in that project?
May be there are some promising results in the future, but it is too risky. Learning from the previous case, I will put my money again into Bitcoin. If I need altcoin, BNB is the one that I can reach. But for Luna or the new Luna or whatever the name, I will not fall into this twice.
You are not different from several other previous Luna investors who have lost a lot of money with the recent luna crash, most will never look back to the coin again even if it starts selling for a cent it is not worth the risk at all.May be there are some promising results in the future, but it is too risky. Learning from the previous case, I will put my money again into Bitcoin. If I need altcoin, BNB is the one that I can reach. But for Luna or the new Luna or whatever the name, I will not fall into this twice.
after all the fact that the newly forked luna is vested in terms of distribution means that even the team isn't really confident with their newly forked luna and maybe feared that anyone that has received luna just gonna bring the market down with the panic market dumping just like the luna classic
Of course no. Why I should put money in that project?
May be there are some promising results in the future, but it is too risky. Learning from the previous case, I will put my money again into Bitcoin. If I need altcoin, BNB is the one that I can reach. But for Luna or the new Luna or whatever the name, I will not fall into this twice.
You are not different from several other previous Luna investors who have lost a lot of money with the recent luna crash, most will never look back to the coin again even if it starts selling for a cent it is not worth the risk at all. May be there are some promising results in the future, but it is too risky. Learning from the previous case, I will put my money again into Bitcoin. If I need altcoin, BNB is the one that I can reach. But for Luna or the new Luna or whatever the name, I will not fall into this twice.
Of course no. Why I should put money in that project?
May be there are some promising result in the future, but it is too risky. Learning from the previous case, I personally will put my money again into Bitcoin. If I need altcoin, BNB is the one that I can reach. But for Luna or the new Luna or whatever the name, I will not fall into this twice.
May be there are some promising result in the future, but it is too risky. Learning from the previous case, I personally will put my money again into Bitcoin. If I need altcoin, BNB is the one that I can reach. But for Luna or the new Luna or whatever the name, I will not fall into this twice.
People who lost everything for luna, won't dare to invest luna anymore even they know it Isn't possible to have everything back throughout fork. Its hard to trust luna but i don't think they will let repeat same incident again as they are already accused and black marked. i believe, People who don't lost anything or less, will invest luna as good opportunity. I'm sitll not sure what to do but I'll try to avoid it
I think so too. because trust has dropped drastically in terra luna.
however today we saw the new terra luna coin bulls skyrocket high up to around $20. but not long after it fell back drastically to $5. I think it will continue to skyrocket all the way to the top. but it turned out to be just a pump and dump again. and the max supply for the new terra is only 1 billion. making it have high upside potential if people come back to believe in terra. but if you look at the current price of $5 USD I think it explains that for now trust in Luna terra is still lacking and weak. because many people are traumatized by previous tragedies. the people who enter are just hit and run. dare not hold on for long.
The past few weeks have been the most challenging for there luna coin investors, as the network witnessed a hard attack that led to its price crash but then we can't give up on the project since it has some good prospects. And recently the CEO announced a recovery plan so am forced to ask will still buy the forked luna coin if it lunched or you rather look away from it?
Fork or no fork, I have no trust in LUNA anymore. Despite on what the CEO is trying to do to save LUNA, he has caused much damage already. Not only to the project and his public reputation, but many have been depressed and ended their lives due to LUNA's downfall. Although that we are urged only to put an amount that we can afford losing, but the CEO is still liable for all of the ongoing chaos until now.
Im no put any new money, just will leave everything that I invested, as soon as the body of the deposit is beaten off, I'll try to sell a part then i leave the rest, mb in future luna will succeed smth good or not, time will show it.
I think, if luna coin are still supported by community, I think it will go well. But it all depends on the company and their achievements in the near future..Is this good or bad looking at the current condition of both Luna and UST tokens which are currently suspended trading, deposits and withdrawals until May 30, because the LUNA version 2 airdrop process is still in progress.
Luna can't trust any more because they not support with old Luna holder after publishing with new coin, although have airdrop for Luna holder not give based on their values holding when old Luna coin price still high. I think never try to buy new Luna coin and worry will get the same price later with old Luna. How come when old coin drop price and community from Luna created new kind of Luna, why not try for make Luna coin back to higher price again? 
You will be a very dumb person if you are investing in the fork coin. Fork coin is only useful for scalping or short buying. When it comes to the long term investment and this may become the worst decision that can be taken. LUNC and LUNA 2.0 become the worst investment for now. People are loosing everything. No way for them to get it back again. UST holders become very frustated caused by that.
They got less from what they have deserved caused by loosing from depeg that happened with UST. Buying this like giving your life to others who scalping this coin.
They got less from what they have deserved caused by loosing from depeg that happened with UST. Buying this like giving your life to others who scalping this coin.
I think, if luna coin are still supported by community, I think it will go well. But it all depends on the company and their achievements in the near future..Is this good or bad looking at the current condition of both Luna and UST tokens which are currently suspended trading, deposits and withdrawals until May 30, because the LUNA version 2 airdrop process is still in progress.
It is possible that Luna will find a place in crypto again and they will also be accepted by the community, but the question is whether Luna is able to make new breakthroughs in the future, because this coin has destroyed the market and made people lose a lot of assets for a short period of time, judging from Opportunities may be very difficult, but anything can happen in crypto
Luna will have no place as a long-term coin in the crypto space, all investors and traders are struggling to recover from losses, if only it manages to recover 80% then many investors will cut losses because the opportunity will not come twice.
The past few weeks have been the most challenging for there luna coin investors, as the network witnessed a hard attack that led to its price crash but then we can't give up on the project since it has some good prospects. And recently the CEO announced a recovery plan so am forced to ask will still buy the forked luna coin if it lunched or you rather look away from it?
A person's belief is usually very dependent on the pattern of investigations that are often carried out, in many cases we see it is difficult to recover coins that fall at the lowest price, even though their CEO tries to convince in any way, Luna is not strong in the market, so it is easy to fall in the lowest price, I think it's worth paying attention to other coins, rather than trying to buy them backSo, this is the reason why we do not see all those projects recover, Luna won't, nothing in the future wouldn't neither, if something is dead, then it is dead and it will stay that for a very long time.
People who lost everything for luna, won't dare to invest luna anymore even they know it Isn't possible to have everything back throughout fork. Its hard to trust luna but i don't think they will let repeat same incident again as they are already accused and black marked. i believe, People who don't lost anything or less, will invest luna as good opportunity. I'm sitll not sure what to do but I'll try to avoid it
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