Bitcoin Forum

This is a good time to go out cheap on Luna, yea it has lots of problems presently but buying at 0.77$ and selling at 5$ today is great return, not only that, just because this project has a big issue now doesn't mean its the end, this is not a financial advice but taking risk with just 10$ - 20$ might worth it.

It seems that many traders are scalping with very high volatility conditions like today, with a correction of more than 90% it is difficult to pay off back to the initial price position, it will take time to restore investor confidence.

High volatility especially if you want to trade the current price, especially if you are using leverage, small price action could lead to liquidation. Short/long squeeze can't avoid especially on Luna.
This is my first time seeing a huge market cap altcoins suffer like this in just a short period of time. I am still not buying this for now. But if you want to gamble, you can try it with small stakes.

as long as UST has not recovered, it would be very risky to do so. the first one might work, but I doubt there's a second chance. although currently the price of LUNA is starting to fall again, but I'm not sure there will be a pump like before. but if in small quantities, I think there's no harm in trying.

luna seller now generate huge profits if they hold it till earth, meanwhile in another side luna holder lose their money alot . from around 40$ yesterday it become only 3$ ( current price as written ) maybe this is be new histroy, top cmc become scam only in few days. the one and only project with huge community destroyed in few days only.

I doubt Luna can return to normal. this problem is very big and makes everyone lose faith in this project. although it looks profitable because it makes a quick profit, but I doubt this method will work the second time around. because right now the price of Luna has stopped moving. maybe this is already the lower high for this coin. and after this it will probably start going down without a pump.

We can actually see Luna at 0.22$ very soon unless the stable coin recovers in a short period of time, I don't see that happening either but buying at an extreme low price is good for a long term hold, I know this is not a small project so they will get their shit together later but the trust issue is going to take a long time to erase.

Luna's lowest point today is $0.5 so even when you buy at $5, you still suffer a 90% loss. No trader has a ball to hold a position like that. I was about to take a long position on Luna but then my instinct told me to stop. So I quit. On the other side, there might be those who are extremely lucky to buy Luna for around $0.5. They might x10 their portfolio right now, in the middle of the crisis.

In my opinion, it is hard for Luna to get back to normal since it loses more than 99.5% of its ATH. It is like a nightmare to all investors

don't be influenced by the hope of getting big profits, first examine the risks, all tokens experience ups and downs, sometimes we are at the best price, when we are eager to buy again, instead of profit, we side with the loss, LUNA is not so familiar, the ranking is not yet on CMC's best list, if you want to invest, try first to divide the investment percentage, don't be greedy, sometimes you lose a little bit on coin A and coin A's losses are covered by coin B.

It's too risky for now even when you are able to sell it at 5 and the price is going down again. So how much you have made from your trade? saying that if the price already reached the bottom and it was doing a small recovery was the most easiest thing and any one can do that as well.
The question is how much your profit right now from doing this? People are expecting the price to go down even deeper than the current rate which is around 2 dollars.

High volatility market which Luna going up and down under a huge margin is only good for future trade. Most trader groups right now are long and short on Luna coin because its volatility. So if you're willing to gamble with $100-$200 on future trade, you shouldn't miss this chance.

Or this is just the beginning of the end. Imagine what would happen if the same thing happened to tether. Luna has way smaller marketcap than tether and disrupted the markets this much. If it was tether getting the beating then the pain would be much much worse. Just pray so tether won't be the next terraluna/terrausd. I hope they really have the funds to back their tokens or else god save us.

You shouldn't compare Tether to UST because Tether once faced the law and was leave to run till this day, UST dev is stupid I believe, they use BTC for reserve on a stable coin? That's a big stupidity, what are they thinking? That BTC won't ever go down again?.

Luna is very bummed right now, a lot of people talk about it, but I think it's enough at $5 for us to sell, instead of hoping for $10-$20, a lot of new projects are not that strong, meaning they strengthen so fast and then return to normal prices, if you are wrong even one person who dares to take risks, for me the return really depends on what we do, and this is also influenced by the stability of the coin, hopefully the risk you take can really be useful for the future

Every dip does not mean a chance to take an entry into the market. That is why they say research is the key. Look, a little dump is usual, but when a big coin or token does a huge dump, we should realise that there might be something wrong with this dump. Something happened with Luna because it is the largest coin, but it suddenly has a huge dump, so something is wrong. And exactly the same thing happened. There is a huge wrong and that is their fund. People say they might be using their fund or wastte it. So now they don't have much funds to run their project smoothly and they have also lost people's trust too. So I don't think it might be possible that it will be recovered again. That's my opinion. Thank you.

LUNA DEVS ARE SCAMMERS they creating more SUPPLY and DUMPING in the market
LUNA Supply increased from 300 Millions to +1 Billion in 24 hours
https://coinmarketcap.com/currencies/terra-luna/