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Hi all,

I have invested £150 into Luna Classic since their crash which is a gamble I know but is a gamble I am happy taking.

Would be interesting to hear what everyone's thoughts are on this.

Do we think it is over or is there a possibility of recovery?

Some people are saying £1 is possible but I have 3 million so even reaching a penny would be great for me.

Why an earth would you do that? Are you looking for community takeover and if so what would they develope on that so it would be worth it? I feel it will be pump and dump at some point for pseudonymous developers who have bought the bottom.

Everyone can give their respective opinion on this luna classic issue but the recovery part depend on the team, if they will continue to work on the code or let it die completely is up to them. individual opinion may not help much in this case because Do kwon rarely act on communities opinion so it will be hard for anyone to draw a clear picture of what could happen with luna classic.
Since you already understand the risk of investing in this project, your best bet is to watch and see what will happen going forward.

It's over and it will not recover again. We have 2 garbage luna coins now and why do you believe if lunc will be going up again? that's a non sense thing to happen with it. I meant you must realize the fact that people have been leaving this garbage coin with so many people have been loosing their life savings. The price will still remain the same forever.

If you are beliving in those people and you must be so stupid enough. It's so easy to speculate like that but you must know also if the possibility was not so big.
So you must aware if that will not possible to happen. Did you think garbage coin like that worth to reach trillion marketcap?

Like I said , it is a gamble. It will either go to nothing or I will see great returns.

I do not think it will go up to £1 but a penny is a possibility and if that happens I will have turned my £150 into £30,000. Even going to half a penny I would be more than happy with.

I do not expect this straight away by the way I am talking 2-3 years.

I don't see any chance of  recovering luna classic. Its supply is more than 6 trillion.  If it recovers $1, it will have a marketcap more then 7 trillion.  Where the marketcap of the whole cryptocurrency is like 1 trillion now. How do you get LUNC's market cap trillion there? LUNC will never be like this.  And it can never do anything good.  Because everyone has lost confidence in the LUNA company

I understand gambling with random "cheap" coins but a possibility? For luna Classic going to one penny it would need to rise over 11000% from here. And personally i think that current marketcap of $593M is way too high to maintain for a basically dead and stained project as this. There are hundreds of projects that have way more potential with 1/5 marketcap.

Luna Classic is not cheap when you look at the MC of it.

As long as you are comfortable in your investment there's nothing to worry and it seems you'll accept whatever the outcome of your investment I also invested and it's a small amount I also accept its outcome, so far there is no good news or update on the project, even Terra Luna is not doing good in the market, but who knows what will happen if the market improves although a long shot we can still hold on to that hope.

You've prepared for the worst when investing into that project. Zero or hero mindset will do you more harm than good if you continue to invest in dead project.
If you would give a f**k about my opinion, then i would advise you take out what's left of your investment in Luna and invest in other projects with more potential.

No big investor (who is sane) will put their funds into Luna, because the project has lost the trust and confidence of investors and that will mean your hope of even a penny will never come to life.

I have £5.5k in Crypto and this £150 is my only real gamble.

I don't believe it will ever reach £1 but £0.005 is a possibility one day and even that would give me a 100x having got in at these low prices. 

Luna and her team are now a project that has been overlooked by people. Because they inflicted huge losses on their investors in the crypto money market. In fact, there are people who have lost thousands of dollars and millions of dollars. Investing in the Luna project after this time is literally a dead investment. At least that's my opinion. However, we cannot predict what will happen in the crypto money market, nor do we know that it will not return to its former position. You have not invested a huge amount, I hope you can achieve the desired efficiency.

yes you are right if LUNA has been ignored by everyone and it is very reasonable, where TERRA LUNA has crashed so that very many investors and crypto users have suffered huge losses, I personally will not trust this project anymore, even though the team project developers have released an update to their project.

If you consider it a gamble then we have nothing to discuss here, other than to wish you luck. Gambling will not make you rich quickly, only serious investment will help you have a better life. There are many coins available that can yield much higher returns than gambling. Why not invest in them? Hope you soon give up the get-rich-quick mindset and seriously invest in top projects.

No matter what Luna thinks, there will be no recovery. They may have tried a lot but their whole attempt failed Projects that once become Scam projects can never be recovered.But I also believe that this Luna Classic will never try to recover.

It is over. There was no chances to recovery luna classic. If already know about the incident which happened a few month ago then you will also know that luna already run their new token luna 2.0 as the name is luna . So there is lots of cause that is why it will never recover one of the cause is they loose the trust from people and if the traders invest in luna the will invest in luna 2.0(luna) on the luna classic. So my advice to everyone that avoid invest in not only luna classic avoid all which from luna

The only way it goes up is pure speculation.  That's like people still buying bitconnect once the gig was up.  Hoping for a pump to dump just like everyone else.  You might as well kiss that $150 goodbye.  Why would you put money into that anyway when there are insanely better options?

Today market sentiment is :  Luna Classic is over.  But of course we don't know what will happen in the next months of years.  As long as the Luna Classic market is alive.  There is always a possibility for revival.


As long as the market for Luna Classic is alive, there is always a possibility of recovery, but Luna, the fork, made it harder for the Luna Classic to recover.


It is only speculation but it would be great if it happens.

Luna Classic is a coin created around a hype, and then a dump of Luna. Accordingly, its purpose is, like other similar coins, pump and dump. And regardless of whether you get a profit or not, you will eventually lose your money, since the cryptocurrency market does not tolerate players.

You said that it's a gamble and you know that there's no more hope on this coin but you still bought it.

Well, you can depend on that decision of yours but everyone thinks that it's already too late to buy on that coin and the hype is over. The total supply is too much and the value is too low.

But I get from where you are coming and who knows if this is going to reach a few decimals.

That's not a good gamble though, especially for Luna classic and you will never see great returns.
I think 1 pound is equivalent to a dollar now, right? Well, in order for Luna to achieve that price it needs to have a market cap for like 5x more than Bitcoin. 1 Trillion market cap alone is impossible.
Luna's supply is overwhelming. So, there's no way it will recover. Therefore, it's not a good gamble.

As long as you understand that Luna is an incredibly risky project in which to invest and you are ready to lose that money then what you are doing is acceptable.

However I think it is going to be almost impossible for Luna to reach that price of one dollar and even a penny is something I think it is impossible, and the reason is simple, people have lost any kind of trust in Luna and its developers, and without trust there is no coin that can get far as at the first sign of problems everyone will begin to sell their coins at incredibly discounted prices.

It's definitely over for luna classic , at the time of new luna was created from the fork, luna classic quite literally is being cast aside and left to die.
I'd say there's small chance of recovery, after all luna classic has now become full of manipulation, there's definitely no one sane out there gonna be accumulating luna, less likely the big investment firm.
even the new luna hardly increase in value

Interesting to see that 90% of us think Luna is dead coin.

I understand the chances of this being correct are high but I thought it was worth a gamble while the prices are this low. It is not like I have a portfolio full of meme coins.

Forget it reaching £1, it won’t. I would likely sell if it was to reach around £0.005 which is possible one day.

You are likely into gambling and your chance is very slim to win - you can never expect from them anymore. But if just a small amount for you, well, it doesn't matter.

The only problem now is that many people are still hopeful with this project knowing the fact that it is already been closing down. Luna has been almost out in the market and sooner or later it will finally dissolve because of the lack of market support.

The only thing I could say to you OP is good luck.

Actually, we have a different market view about Luna and much more I can't appreciate their performance this time. They've got their project known in the past days but somewhat terrible things happen and cause this mess. Can't be certain if the team will help build their reputation because for a large number of investors, Luna has been out of their list already - they are selling their coins already.

tbh, i don't think this new version will last long. so for the OP, think how to get out while you are still in positive. but it is his funds, so whatever he decides is your own. but i don't think this luna team has long-term goals. it is more on saving face for the moment. and once people forgot this mess, they will slowly disappear. hope im wrong.

Im feeling skeptic if this coin can go back again even to the pennies price like 1 cent or 10 cents. The supply was too big and it's pretty much the same like the meme token right now. making it become 1 or 10 cents meant if that will have very big marketcap that is not even worth with the company itself. The valuation was over priced right now.
There was also a new token. Don't you expect the new luna was not increasing too? why are you only focusing to invest in the lunc rather than luna v2?
It's clearly stated that if this time the dev of terra was focusing with the luna v2 not v1.

Pure gambling. Buying these kinds of shitcoins is gambling for me.
After what happened to Terra Luna, it is now difficult to gain the trust of people again. Never again.
Even me, even how much these shitcoins will pump, I will never fall for it.
Just be careful. You can try with a small amount that you can afford to lose.

I'm really not sure it will reach $1 as the amount has increased drastically since the luna network crash. Moreover, the increase is already quite high from the lowest price. If you feel profitable, it's better to just sell it

He calls it a gamble and he knows what he's doing and it's his decision. I also predict that Luna is dead and she won't have a chance to recover even a little, a coin has no chance to grow when it has deceived its own investors.
Dokwon was too greedy and killed Luna, actually it was a very good project and it is a thing of the past. Supply is part of the reason, the main reason is investors' loss of confidence.

Luna classic is nothing but a classic piece of shitcoin. If one will look at Luna's price history and compare it to its price currently, one might think that it is indeed a good coin to buy because it might recover one day. But I am not seeing any kind of recovery from Luna. It will continue to fall and even if there are still people who want to take the risk like you, the majority of big investors who are not as naive and as innocent as others are already leaving the project as if it's already dead.

I do not blame you for what you did since I also thought about investing in the coin while the collapse was ongoing and I could have made some money with it, but when I thought about all the troubles such a thing would have brought me and the peace of mind I would have lost I immediately rejected the idea and decided against investing in that coin, so I think you can still make some money with your investment but it is not going to be as much as you think.

I will not judge anyone who invests in Luna, every investment is in your hands I think you already know the risks. the luna project has ended after a bad incident occurred, a deliberate accident IMO. investors have left the luna coin like trash this is the market sentiment, we have discussed it in many threads there is nothing more to expect from the luna project let alone to reach its high point it is almost impossible.

If you can accept that amount of money if you lose, then you can continue to hold Luna Classic. But if it's an amount of money that you expect to make a profit later on and don't think about the risks, then you could be at a loss because no one knows what will happen with Luna Classic.

The Luna Classic project has two choices which are the project can recover and can increase again or the project will never be able to recover, considering what has been experienced by previous investors. So this is a gamble for investors who are still hoping for Luna Classic to improve and don't know what will happen next.

It is money I can afford to lose long term.

Even if it only reaches 0.0005 one day that will be a 10x for me which I could bank and put into a more solid crypto.

I am not expecting big profits in the near future, am prepared to hold this for the next 18-24 months to see what happens.

Many projects are running from this ecosystem to other blockchains. It is very difficult to restore the trust of users. But if the manipulator wants to pump and dump, he will buy back most of the coins, and then repeat the pump on the good news and sell the hamsters a lot of coins for a big profit. If you believe in it, then you can keep the coins.

Good for you. It is a relatively small amount anyway. It is indeed worth taking the risk if you are optimistic enough that Luna Classic would still recover even up to 0.0005 per coin. That would already be a good investment if that happens. A 10x return after only 18-24 months is good enough.

But this isn't my kind of thing. If I had an extra £150, I would have bought Bitcoin. Or if I wanted some altcoins I would have chosen ETH or some of the oldest and most trusted ones in the market.

Well, you said that you gambled on it and you are still ok and happy if you lost on your gamble so I have nothing to say but LUNC is a shitcoin for me :D.

We have our own opinion when it comes to a recovery of a certain coin but in the case of LUNC, I don't see any recovery of it or if there is, it might recover if we are in a bull market but aside from that I don't think a recovery will happen and knowing what happened to the project in the past, investors are reluctant to invest into the project because it might happen again.

There is this imagination of an investor where if it reaches a certain price and they are holding a huge amount then it will be a huge profit for them. At it's current price and it's current supply, do you think that it will really reach a penny? Well, anything can happen with crypto and this might happen but the chances of it are low to near to zero and I'm not expecting it to happen as well.

I'd rather invest in a meme coin like shiba inu if those zeros are good to the eye for me than investing money on LUNC, Shiba community is stronger and people have faith in the project more than LUNC where every trust was shattered, it will be pretty tough for people to keep trusting LUNC.

If you already consider it a gamble, then there is no need to pay much attention to it. Let time answer that vague question for you. Obviously, many people are still very optimistic about its recovery in the future. It is okay if they accept the risk and it is a mistake of their own making. For me, it was more than enough to see what happened, and there was no need to waste time on it, as in this space I also find a lot of other more attractive coins to place with small sums. While it's not my preferred approach in this market, considering it as an entertaining game doesn't compare investment concepts.

I see people on youtube thinking it will reach £1 again one day but they are in dream land.

£0.005 would give me £15k return from £150 investment and that to me is worth a gamble.

It will be interesting to come back on here in the next 6-12 months to see where Luna Classic is at.

This project is very close to an ending story. That Luna issue is one major event that happened this year and it somewhat affect the potential value of the market as it was ruined once again. But I guess those who invest in this project already accept the reality of being betrayed by someone they trust and there is no chance to get their money from them. Move on - that is gonna be in their mind.

Nope, you won't see it come any close to that. This comes from someone who invested in LUNC back when it was at $0.000001 and sold when it hit 0.00003. I got back 30x from the tiny amount of my investment, $30. I treating it like a gamble just like you. I could have sold it when it was around 0.00005-0.00006 and made even more gains but like you, I thought it could hit 0.0001-0.0002. Well, the rest is history, miss the LUNC ATH. I panicked and have to settle when it come down to 0.00003.
If you keep chasing an unrealistic number, at 0.005 ($ and £ are the same now, ha!), you missing a real chance to sell when it was near ATH. Same for most people keep on BTC when it was at ATH, $65k because they thought it could go higher, $100k.

I guess the gamble will not pay off, until now the prices is nowhere near what it is expected to be and I doubt that it will even recover even if we are in the bull market. I mean the damage is really deep that it's hard for the project to just bounce back and forget what just happen. Maybe people lost a lot of money in this, putting a lot of trust but unfortunately, mismanagement and other factors contributed to the downfall which can be avoidable if just the people behind anticipated it. Sadly they don't so how you are going to trust them again? even investing $1 is not worth in my opinion.

It will of course not pay off. I mean people who think that there is even a small chance that it would pay off will be wrong. I personally believe that we shouldn't be doing anything that works nice enough. What we need to do however is to make sure that people know what they are doing and that’s how they would be making a profit, outside of Luna.

This doesn't mean that Luna is impossible to profit from, of course it could profit, but that potential is very slim, and why risk that much for such a little gain? I think investing into something like BNB and waiting for it to finally peak to 1k dollar would be a lot better, why not prefer something like that?

With all the things that happened to Luna, I already had lots of disappointments. I don't see hopes in investing in it anymore. I believe that it will be a big risk to trust it so I guess it isn't worth buying anymore. It's better to risk our funds on coins that have a bigger future ahead. Coins that are being handled and managed well so we'll never have regrets in the end just like what happened to those who bought Luna before.

I would risk some money if another crash takes place, probably if Bitcoin goes down to 10,000$ like many are hoping for? The chances of seeing this happen is very low because it thus look like we've hit the bottom already, LUNC isn't the project you should be buying in this present dip.

I understand what your goal to invest in Luna Classic because tempted by youtube artist's predicting this coin up to 1 Pounds, so hit a price of £0.005 would give you £15k return well yes worth for you, but it will probably take 2 or 3 years . A lot investors has stay away from this coin, their think previous crash is to repeat itself with huge possibility, wish you luck.

Many people are looking to reach quarter of what they invested in so they can get out of Luna and any thing close to it and there we have people entering and tagging it as a gamble or taking chances really that’s not wise Investment and that’s not how Crypto-currency investment should be done, yes there is a very popular rules of using capital one can endure if loss to invest with, but the rules didn’t say you should be unprofessional with it, as it stands Luna shouldn’t be a go area for anyone.

Probably the biggest fantasy of the current generation of crypto investors is that by investing in Luna Classic, their investment can bring them big profits. Already repeatedly I see these conversations of traders and investors about how they buy several million coins in anticipation of a big miracle. Luna Classic at £1? Why would it suddenly rise to these values after the deafening failure and launch of a new version of this coin? Just because the price is small and it is a known coin in the past? As a gamble it is worth considering investing in this coin, as an investment there is very little intelligible argument to speculate on the future big growth of this scam.

Speculation at its best.  That is what those traders are doing.  I don't think Luna Classic will ever recover, and its daily volume continues to go down as days pass.



I also thought the same when Luna Classic crashed but the introduction of the new Luna woke me up from that thinking.  The Luna Classic had been abandoned so the possibility of it going back to $1 is nearly impossible.

It is indeed a gamble you did there but I think it won't increase to it's previous price before the crash. My guess is that luna price would only pump and dump with it's price only a bit higher than the current price. We don't know the decision of the team behind luna if they are working to upgrade the code or abandon luna. The price won't increase a lot for a short time and you need to wait longer before it will increase to the price where you can a earn a profit.

I invest in Luna Classic coin before crash and also after crash. I lost my money. But I believe that Luna Classic's team and plan are really good and they are tried to come back again. So, anyone invest it as a hundred dollars of your balance. This coin may give a huge profit as I think that's why I invest it.

If I only have 2 choices, one is to invest in lunac, the other is to invest in meme like shiba. I would also choose shiba over lunac. I don't know what the people who are investing in lunac are thinking, are they waiting for a miracle?, A gamble where you are not sure what percentage of your winnings will be, it is best not to invest in that gamble.

Shiba, it's just a meme but it's not as bad as Luna, a top coin that collapsed in just a few short days, it's worse than the meme.

I'm on your side I even have $200 invested in shiba coins although people say it's just meme coins but meme coins are better than LUNA/LUNC coins, many traders avoid investing in high risk coins because LUNC coins don't have platform development team and only the community that developed the news about LUNC to highlight the hashtag #luncburn on twitter to support the recovery in LUNC prices. It's actually just a wasted effort because investors don't care about LUNC coins.

Seriously? they are making money out of the people like you because they will more likely pump and dump that coin after they see some huge move from buyers and they will gonna dump it at once. Too good opportunity for the risk takers but these people know exactly what they will gonna do once they see some sign with the price movement and they might win or lose in their investment but they already know it. As for normal investors who think this coin will gonna have a bull run one day, it's a total delusion because this is not the right coin to have that feature.

No matter what they do, they had already been tainted with red, and investors never look like they are worthy to invest, not anymore.
In fact, the majority had also thought that this project has already been abandoned by the developers.

Well, I guess it was enough to think about the future of Luna Classic and move on, it likely doesn't have any. We don't have to assume this project will rise as investors are gone already.

You are not wrong, personally I have never been a fan of meme coins and I think they are incredibly risky since their movements depend almost exclusively on hype alone, but at the same time at least we know that sooner or later that hype will manifest itself, so it is possible to obtain some profits with them for a good trader.

However the case of Luna is completely different, the coin collapsed in less than a week and it was necessary to issue a new coin, this does not bring any confidence to traders and as such it is unlikely the coin will recover even 1% of its former glory.

If they are true to this project, they don't need to create another one. But what they did it is just trying to divert the mind of the investors, however, they fail to do it knowing that people now have been known this kind of dirty tactics, this is an exit scam, and trying to scam again. No, that was enough, they were supposed to return the money of the investors if they are really committed to running this project and gaining trust again.

£1 is definitely impossible, it will need to be 10.000x of the current price, even a very good project have difficulty to make that. Moreover the dev will be more focused on Luna V2 there is no reason to buy Luna Classic right now. I bet you ready to lose your money, but if I were you I would sell all of it immediately then put it into some better project.

who said Luna classic will be 1 euro. she is an idiot  I think he doesn't have full knowledge of cryptocurrency. Because LUNC will never be 1 euro in any days. If you think so, it will be a false assurance.  There are huge supply of LUNC. so it is also very unlikely to be 0.01$. So it is foolish to expect much from this shit coin

I am holding 3 million so am happy to hold for the next 1-2 years and see what happens.

I do not think it will get anywhere near £1 - I would likely sell when/if it reaches something like £0.002 which would be a 40x for me at that point for me.

Yes I could have put this £150 into something else but I have 7 other crypto I am more focused on and feel this £150 was worth a gamble while the price was very cheap.

You have already confirmed that you are gambling so there isn't anything more to say about it. £150 is really not a large amount of money, as long as you are willing to take a loss you can invest. No problem.

If it were me, I would not invest in the luna classic as it is dead for me. I would take this £150 to a casino site instead. I can entertain there for £150 and maybe if I'm lucky I'll get £200 or £300 afterwards.

Unfortunately there are too many people who put their hopes into stuff that they shouldn't. Reality is that we are not in a situation where it could be considered a situation where it's looking like a trouble. At the end of the day there isn't anything we could do to make Luna classic to go back to where it was, not 80 dollars, not 1 dollar, not anything close to that.

It's definitely a big problem and that is why I need it to get better. If we are going to end up with something difficult, then at least let it be something that has a future potential, not past problems. If something is low, and you hope it goes up, it should be a newer thing, not "once it was good, maybe it will be good again" thing.

So many post asking for our thoughts on Luna classic but my stands remains the same, any thing concerning Luna be it classic or what ever it’s very risky, I personally believe Luna has failed it’s holders and users and it has would take a miracle to revive Luna. Many holders are waiting for at least for the price to reach quarter to what they invested in Luna so they can make a sell move on with this you would know the future isn’t bright for everything Luna,

It is very simple to understand, that the dev is into a money grab.  They need to issue another one so that they can hold another set of cryptocurrency to sell.


I agree it was an exit scam, it was also rumored that the project-owned wallet is the one that crash the UST market since according to some article, the token that crashes the UST market and caused it to depegged is from Terra labs wallet.

It was totally obvious from the start and been mind boggling on why the heck people do still to continue on supporting or dealing with LUNA considering that this had end up on a bad situation or
shall we say about exit scam and now  they had made out some fork or have that 2.0 but people do still really considering on dealing on it once again?
I dont know if these all people are to those past victims or the ones who do love to play with fire and take up some risk because they do see that they can make money with coin once again.
but im much sure that it would really be still ending up on the same fate in what happened on that Terra on this year itself.

I'm not sure the price of the LUNA classic will be 1 uero per coin, it's because of the large amount of supply and Do kwon no longer takes care of the project, but leaves everything to the community.
There are some new coins right now, you can do some research and earn long term profits, this is not an investment advice but as I see it, the projects on the Terra network have moved to Polygon due to problems caused by their UST Depegging.

Maybe because there are still investors who thinks that they can recover their money or still at disbelief that Luna suddenly crashes after their trust the people behind with their huge money.

And there will be no miracle for Do Kwon, as the South Korean government are slowly unraveling more of their dupe method. Just sad that many fell victims for it, so this is a big lessons for us again, whether newbies or is seasoned investors because we really didn't see this coming from them.

when you've taken the steps you've determined, rest assured it will be fine.
the price recovery for LUNA classic for now may not be possible because maybe the bearishness will still continue and many altcoins have decreased in price. but that can't be a reference LUNA classic can't increase the price anymore. it could be that the LUNA team does various ways to make their coins increase in price.

If you buy Luna Classic at a low price, maybe it won't interfere with the investment, but what you need to worry about if Luna is really lost in the market, many people say that Luna is over, but I'm still optimistic that in the future there will be an increase price, but not like the achievement of ATH at that time.
Didn't you say a penny was enough for the investment value, so stay relaxed waiting for that time to come

If people know what they are doing and they have very clear expectations about what to expect out of Luna then I do not really have too much of a problem with people taking a risk with the coin, however this is not a maneuver that I will recommend to someone that is just starting in the market of cryptocurrencies, since the risk that they are taking is incredibly high and the possibility of losing their investment is just as high, so in that case it would be better for them to give up on Luna for good.

They never learn because they see some opportunity to invest and make their life better again once they win this new investment opportunity but the reality is they forgot the risk which will lead them to suffer even more because once a scam coin will remain a scam coin no matter how much they changed or make it new. The bottom line is, that you need to be very careful when it comes to investments such as this one because they already lied to their investors and to lie once more, is probably the easiest thing for them. Also to have some similar projects is also red light for me, seems they just only create such projects to scam people.

I thought of it like that as well. I bought some, but they were not worth it; mine was like $10 only. It's just a happy measure or something. I'm not sure if I can trade it in the future because they might delist it or something like that. It's possible, and I think you need to be aware of their plans with that coin. Having that will be a downfall if you invest too much. Just something you are okay to lose, then don't whine about it or something.

I'm pretty sure it won't come back to its former price, but it's not going to gain any traction if you are hoping for it.

It's hard for luna to find a recovery in the near future, this coin has hit rock bottom and continues to be attacked with negative news, as long as you don't lose and you try to hold the coin until it recovers, but trust me this coin won't be at a high price going forward, stability the coin will be affected if anyone can influence it, the current condition luna will have a hard time finding the bulls point because of the many negative reactions to them

Some people who have not yet learned from what happened with investors who lost a lot in luna would be doing scalping to the token. I have been giving awareness to these people about the risk for scalping luna but they didn't even care about that. Even some people are also saying that if they would be using lunc as their long term investment. that sounds very crazy for me to hear that from all of them. LUNC is dead even the burning mechanism will not help a lot.
That's another trick to fool the investors again.

the release of the classic luna is also just an abdication of responsibility by the luna team

this is a dirty act done by a top project like luna, hope that bastard dokwon and his team will be punished by the law soon

£150 seems not a lot in my opinion and you said you are happy? I think that was more important there. That was gambling all about. Another thing I like about you is that you are not greedy but you are already contented even if the price will reach only a penny. This luna classic was a new coin right? Very different from the old luna coin, so why not?

The coin didn't pump and dumped yet so asking if there's a chance for it to recover seems not right. You better say if this coin has a potential to pump really high or not, as that sounds better. Not that im supporting this coin but id say that there is always a chance as long as the coin is still alive and breathing ( still listed on an exchange).

Luna was a huge loss - many people face extreme loss and committed suicide too
Two of my friends went bankrupt after the LUNA down fall.
It better to think before making investment - don't lose your money.

If its still 150 I will suggest you sell that classic and move to a better coin or project Research and find good project out there Terra is a serious mess right now and I really doubt the new luna is going to solve anything about the mess they created

People need to understand how bad the collapse of luna was, I remember I went to check their subreddit and no one could post in it anymore due to how negative the stories were and how this could incite people to take some drastic actions like suicide.

I do not know if such restriction was ever lifted but this should show us how bad the crash of luna really was, a great deal of people saw their lives ruined and as such out of principle I think people should stay away from it.

I'm guessing luna classic could hardly ever recover back again, I guess it could have sudden bullish just like meme coin since honestly luna classic could be categorized as one at this moment.
still luna classic has been left by most of the big venture capital and investment fund, basically it gonna hardly have big flow of investment in the future, so just don't really think that luna classic could ever recover back to its former glory.

Luna Classic has lost the trust of many investors, so it is very difficult for Luna Classic to recover and become one of the top altcoins again.
Even Luna Classic for me is a very high risk coin option, maybe in the near future I will not invest in Luna Classic. What happened to LUNA
before was really bad, we can imagine LUNA, which is a top coin, could experience a very severe crash. And there are so many investors who
have become victims and until now have experienced deep trauma. How such an incident could be forgotten so easily. So Luna Classic will
still be considered shitcoins which is not recommended to buy, it may take a long time for Luna Classic to regain investors trust.

It's almost unlikely to recover. Actually, you've categorized it well and it's close to what a memecoin today is. It will be forever remembered that this coin has been part of a huge debacle.

Yeah, I doubt it too. Maybe someday the whales would like to play on this side like a day of pump and then they'll leave it again until the sad part of people will catch the falling knives.

Many investors are already done with Luna because the incident happen which cost huge financial lost to huge number of their holders makes them not a good coin to choose for. So I guess many call it a shitcoin right now and anyone call it a good coin is just hyping that coin.

Luna Classic really loose trust as the Luna coin clash to bottom, but never still, i believe the team are working toward the it for a better performance in the near future, which it can take time for LUNA Coin to recovered. Therefore buying Luna Classic Coin, base on the current market dip, is not a bad idea, but is a part of investment in future.   

i don't think this platform will recover and will offer much better value to its holders. as i said before, the luna team is just saving face after their failure. but for sure, they already saved some of their funds to their pockets. i don't believe that they did not benefit from the luna catastrophe. if i may suggest, better invest in a more tangible projects where you can really see the importance in the market. i actually don't see the importance of this luna classic in this market.

They've resorted to some solutions but that's not enough and didn't do better. AFAIK, the team is about to face charges and they'll be put in jail time soon.
There's no doubt that they've got a lot of money from what they've done to this project and that's why they become low-key these days because just want to let everything pass in the meanwhile. Too sad that many have been hoping for this project to get back on track but the value will speak for itself.

there is definitely always a chance of small increase in terms of valuation if you could wait though you shouldn't be wishful towards this coin for the simple fact that it is already being abandoned by the team behind it that is the luna foundation and also there is a successor for this coin, so I don't see any reason someone out there gonna be investing in this coin over the new luna. there's bad reputation that accompanies this luna classic that could also become a hurdle for this coin to increase its valuation.
regardless though as like other meme coins out there, sudden value increase definitely could still occur

Luna was a disaster, but having said that. Bad time can comes univeted - it can come right to your house and to you. And you can get robbed.
The only thing I have learnt is we cannot control our destiny and it is is controlled by the supreme power. Whatever happens is already written and we have to face it.

Everyone holding LUNA classic right now are just being optimistic and it doesn't appear their optimism will end up positive. Do Kwon and his class of validators have abandoned the classic with the belief that nothing can be done to revive LUNA classic. And everyone talking of burning as a mechanism to revive it aren't just realistic. How long will it take to reduce the TS to 1 trillion with just 1.2% burn tax and no specific utility for the coin (LUNC)?

Except more projects come back on Terra classic chain, I see no real noticeable to be brought by just 1.2% burning and investment on it remains as you call it. It is just a gamble.

I think this quote by Stephen King says it all about Luna... :)

The coins are dead, both Luna classic and Luna new. A tiny amount of 24h trading volume with no news about development. Your investment is small and you may think it's okay for losing all of it. Well, it's really up to you but my advice is don't keep holding it even when you see 2x profit.

You can fork them how many times you want but the people behind the coin are still the same and knowing the big mess they created it is foolish to invest in anything they run to be frank. I would suggest any new investor to stay away from them and not to invest any dime in them, not sure why people would invest in them again, so that the developers would make more money ::) .

Though you called your investment a gamble, but I think anything worth doing is worth doing well. While individual opinions differ, IMO, it is a serious risk to invest in this token more so the Luna/UST crash experience. I rather suggest you invest in reputable altcoins or even Bitcoin. So long as you are expecting to gain something, then opt for something worthwhile. Do your research and note that history can still repeat itself, as regards Luna/UST. Don't take your funds for granted, it is worth investing in something worthwhile.

...My friends invested in LUNA and they were divested after they get to know about the crash of LUNA
sometime we make mistake and we don't forgive ourself for the rest of our lives. But time heals everything, better focus on work rather than be lusty and greedy for money

A person's choice in carrying out an investment is quite dependent on the understanding he gets, Luna has had a negative effect on past investments, the source of this chaos almost no one is able to get out of losses. As you suggest, that there are still so many other altcoins that we can choose from, then why try something that can't necessarily produce maximum profits, isn't the investment target in the end looking for profit?

Luna was a disaster - two of my friends went bankrupt because they invested in Luna and they made this horrible mistake.
But no-one knows the future - that is the future of the coin. If you have invested in coins. You keep your money on hold - you never know maybe it strikes back.

holding luna despite all the disasters and both the trading volume and market capitalization has fallen is such a mistake and foolish act,
this coin will definitely go nowhere, instead it just gonna tanks in the long run. many have said that luna has lost the trust of majority holders and that's true,
this coin couldn't ever recover back because the foolish decision made by luna team.

Many victims in the fall of Luna, Cryptocurrencies are always risky and that's why we are always reminded not to put all our eggs in one basket. It's our fault not luna or any project.

The higher the return, the higher the risk, I hope that Luna's death will be a lesson for all of us. Bitcoin and Ethereum are the only cryptos you should invest in. You should never put your whole wealth in other altcoins.

Although many say that Luna has run out but I am optimistic that Luna will rise again, at this time the price of Luna is very cheap and I suggest to buy even though with a small amount, for example $ 100, the thing that makes us optimistic is the volume of a large transaction so that the opportunity to skyrocket is easy.

Everyone is free to make their own decisions based on the results of their own research and analysis. If you think there is still hope for Luna Classic
to make money, please invest in Luna Classic. But don't forget that the risk is very high, there's no guarantee that Luna Classic will pump again.
But I have a different view, because based on the results of the research and analysis I did, I concluded that Luna Classic might be difficult to recover.
A bad reputation is the main reason why Luna Classic has difficulty regaining the trust of investors. I don't even want to risk my $100 to buy Luna
Classic, because my prediction is that Luna Classic will end up being a scam. I don't want to lose money a second time, I'd rather just focus on investing
in top altcoins which do have a lower risk.

I did the same thing, i've wasted $200 on luna classic, didn't know $200 would make millions or disappear and sink and never show up again.

Maybe, I don't think now for that, I will see a new ATH in the next few years, what happens to luna Classic rises or dies, obviously I have to brave myself for a moment for luna Classic.

What is the latest on everyone’s opinion on Luna Classic lately?

A lot of good news recently has seen the price go up this week although I am not dreaming of any big run just yet I feel it was worth the gamble and hopefully one that pays off in a year or two.

Anything can happen in Crypto - nobody expected Luna to crash like it did , and the majority seem to feel Luna is dead when it is not , it can rise again.

Those who invested money before the crash, yes they have lost thousands but those who have bought in and around the bottom can possibly see good returns.

I am not talking about going anywhere $1 , $0.005 will do for me and that would be a great return.

don't trust any more from the LUNA Fondasi team's products, because they really are a scammer team,
it's up to you whether you want to invest there again or not, but here I advise that you don't have to be their victim again!

I am also confused about why Luna is still trading today.  It is obvious that the project is fraudulent since South Korea had already barred the people behind it from exiting the country in order for them to not evade the criminal cases filed against them.  And Do Kwon is running away leaving his subordinate facing the charges when he is the one who is the major culprit of what happened on Terra Luna.  If he is clean, then he don't have any reason to run away from authority.

It's you choice anyway, nothing can stop on this matter. But you also have a lot of choice to buy in which is better than Luna
classic. Because, I am pretty sure this token will run in the market via pump and dump, don't expect that its price will go up to 1$,
that would not be happen at all, it will be very hard for this token to regain the trust of their community had before.

So my suggestion to you is look for another alternative crypto using coinmarketcap, this is a piece of advise only.
But of course, still in the end the desicion is yours. Good luck ;)

I have already made it clear this is a gamble, it is a small part of my portfolio.

If it can crash from $100 down to $0.00005 then it can go up enough for those invested at the bottom to see good returns.

I am holding till it reaches 0.001 minimum. 

I indeed like the fact that you zero my mind as the money invested is considered lost but it coming back and even profit is the highest gamble I ever heard this year alone. I mean not LUNA again!

I don't want to say anything new about Luna. I lost all my money invested here. They said Luna holders will be replaced with Luna Classic but not the same amount as Classic Given is not the same as saying here. But I don't see any chance of a recovery and even if it is not possible it will depend entirely on the team.If the team wants to, there is a possibility to recover it, but here the most depends on the team.Moreover, there is no way to say that Luna Classic will be a recovery.

Why will u still trust Luna, what you are doing now is gambling and not trading, nobody na trust Luna classic we all saw the disaster Luna caused and you still have to invest in the same project, there are lots of projects you are invest in and make your good profit later in the future, it is better. Just assume your money is gone, am not saying your money is gone already but just assume so that incase anything happens it wint really affect you.

now luna classic becomes the new shitcoin, it quite literally have the characteristic of high volatility just like meme coins in general and I don't think it's a good investments since its high volatility means it's more of gambling than investments just like meme coins in general.
even the new luna isn't really worth for investing i think most should just move on with matic and solana since they are just better at the end of the day.

I have just hit 100% profit in my Luna classic investment and wondering what to do if I should hold or bank some profit, it doesn't look like slowing down at the moment!

This is the first time I have doubled any of my investments in crypto in the 6 months since I started so its new to me.

I hold 3 million total, if I was to bank my initial investment and let the profit ride does that mean I lose half the 3 million I currently hold?

I believe it will go up a lot more so don't want to sell too much.

Luna Classic is increased almost 2x in this week. Surprised to see back this token. My friends dis 2x. I did not invested in this coin because if risk.
If you have done 2x I think it will better to sell your initial investment and hold your profit. Maybe this coin again give 10x profit like it did after crash. Another good idea is put Stoploss.

Hi , a lot of people are surprised but I am not, the price crashed very low it was worth a gamble and it is paying off now.

I will hold till I do a 3x and I will then take out my investment and just hope it goes crazy one day and does a 20 - 50x.

I get a lot people do not like Luna because of what happened a few months ago, but if there is money to be made it doesn't matter what happened previously.

Seems like many people are like to gambling in cryptocurrency, it is ok if we only use small amount of money.
We should never gamble with huge money if we can't afford to lose it.
But from the first place, people trust toward Terra project is already low because the dump on LUNA, so i think big investors won't put their money on Terra anymore.

Congrats to all those who took risk investing in a once fallen crypto project, now the risk is paying off, maybe if another dip takes place in coming months I might consider buying very small amount just in case but I have too many altcoins in my mind that I want to add to my crypto portfolio.

It is falling again at the moment but still above 0.0002 , it touched 0.0003 yesterday.

I was thinking about trading it but worried it may shoot up one day so best just to hold and see what happens.

Apparently something is happening on the 12th September which is likely to increase the price.

This was a gamble but there is nothing wrong with having a small gamble as long as it is a small amount and it could pay off nicely.

Yesterday, the price of Luna Classic increased by around 85-90 percent because there are still many investors. Those who don't believe in this project but are investing for getting temporary profit. But at some point some investors will lose massively again. In Luna Classic Trade, the same instructions are always coming from the exchange site. Therefore, it is necessary to check the pros and cons before investing.

I'm surprised Luna Classic got a pump yesterday. Any reason behind it ? Another win for the whales and sorry for those who got FOMO. By the way, congratulations to those who gambled to buy some Luna Classic even though the project collapsed. 

From .0003 to 0.0022 that's a massive dump https://coinmarketcap.com/currencies/terra-luna/

I hope it will drop again to .0001 for me to buy some that will be added to my portfolio coins.

 

hard to believe the shattered coins are finally getting the pump again. pump high enough to bring the LUNC trade up. looks like it's almost touching $0.00035.
but today we can see the price is gradually decreasing. about 20% down after we saw the powerful pump which was almost 90%.
Of course, some investors who still believe or have given up on LUNC are happy with this sudden pump. just take advantage of the opportunity for profit and the rest we can move on to other assets.

Essentially, Lunac has nothing to continue believing in and investing in, but you have made it clear above that you should take it as a gamble and you should only invest the amount that you are willing to lose and then you can take it on. The crypto market always has surprises, no one can confirm anything, as long as you know what you do, you can invest anywhere you want. I don't invest in lunac but you have decided to invest then I wish you good luck.

Taking advantage of the moment can indeed be said to be one of the ways to gain profit, especially if there are whales participating in it. But for me, this method is too risky, I have had this experience myself, and on average it is mostly less successful. So in the end I prefer to buy coins that are already popular.

I really hate the LUNA project!, because they are scammers, so it's only natural that this happens,
maybe I'm not the only one here who hates LUNA,
and I'm sure even though they rebranded to Luna Classic I still strongly guarantee that they are scammers,
so have to be careful if you want to buy LUNA for the long term

It's your money and no one is stopping you from buying it, no one here has the right to tell you not to buy it because the owner of that token is a fraud because of the big scandal he made in the cryptocurrency community.

If so, that's where everything will really fall down, which is really a gamble for anyone who buys the Luna classic. If you are the one who buys this token, immediately think to yourself that you have lost and accept it, because even if it increases more than the price you bought, that's fine, it's that simple.

But don't expect that luna classic will be 1$ each, that won't happen until they burn trillions of luna classic.

Really no one has to expect Luna Classic to recover to $1. I know some people will hope it happens but I don't.

Furthermore, I don't have to see Luna Classic has its price about $1, that is not my target price. I bought it after the crash and if it has a price about $0.01, that is more than enough for me.

Last two days, Luna Classic has a new rise that is 3 folds from its previous accumulation price. Now it is very risky to buy it because I think it will fall back but I still believe it will make another higher lows, higher lows and slowly recover

when I look at it, There's an impossible descent. Then it's impossible not to get up when you fall. This is how our universe works. Everything is possible. What we think is impossible is only human thought, and we can actually see the impossible all the time. If there is an impossible decrease, the impossible increase becomes possible. I still believe in the Luna coin that there is hope for the long term.

I'm not an analyst, but I use common sense. On the Terra luna classic it cost $119 at some point then dropped to less than a fraction of a penny. The next step is to go up to that place or at least half of it. That's what I think

Maybe it will end, or people will end investing in Luna Classic. Whatever chart they show today, it can even reach 1000% in one day, people will be afraid to invest in this project. We are worried that after the green chart is 1000%, then the next red chart is 10000%.

For me now classic luna is just a coin meme, they are trying to rebuild investor confidence by creating more hype, but I personally don't have high hopes for this coin which has destroyed many people's savings.

Luna's discussion has no end, even a few threads talk about Luna, no one will believe it, even once they make a mistake, it's very difficult for people to believe it anymore, even if Luna's team tries to use classic Luna, people will still be disappointed and that's not all. investors are reluctant to invest their funds in Luna Classic..

Interesting to see more people say they are involved now the price is going up  ;D

I am holding till new year at least and the price could be anything by then

Scam projects with such a large supply, it is very difficult to get even one cent. But if you hold you might get some at the occasional big pumping event. And if the team really wants to move forward with LUNC then it takes long time. Can't get that far easily. As you have 30 million someone else may have more then you so how it is possible? So I think it is better to invest wisely.

I have to say it is not really a coin to check constantly. Doesn't mean that you can't, it just means that it is not worth your time and you could be using your time on something that can bring in a lot more profit.

This means that if you keep on checking what this one has been doing, then the result will always be disappointment. Don't get me wrong, I am not saying you won't make a profit, if the whole market goes up then you will make a profit from it, but there will be other projects that you make money even more so you would be missing out on that. In a market where you made 50% profit but everyone else made 100%+ you would be quite upset with the profit you made.

many people speculate strangely with luna classic, some think that it is a trash token, but for those who think positively about luna classic then I think there will still be opportunities today and in the future to become millionaires.
I think this depends on our beliefs about an investment, win and lose only you alone bear it. therefore you better analyze by yourself it's very good in my opinion

Well those who are blind on the current situation of LUNC will only think that LUNC is the next project that will make them millionaire.  I hope that the wake-up before it is too late for them since people behind LUNC are being barred from going out of the country and the lead developer is on the run avoiding the possible cases that may file against him.

I think you appraised it more than it should be.  Luna classic is a failed coin.  No more no less.  It failed its function as support value of UST when UST crashed.  Luna Classic is just another shitcoins that serve as a milking tool for its developer. 


Well, when the market is uncertain, there are lots of different speculation goes out.  Same goes with the Luna Classic market.  and yes Luna Classic is a trash token after it was forked.