Bitcoin Forum

I first bought Terra Luna Classic at 0.0001 and sold half my position when it reached 0.00056 a few months ago I now have 2.5 million left and wondering if I should hold or sell when we have another significant pump.

I know a lot of people now hate Luna and have been left very frustrated by what happened with it but I want to know what everyone is doing those like me who bought in at these very low prices?

I don’t really understand what is going on with it at the moment to be honest, i don’t get all the tax burn etc but I do know I got in at a very low price and am just now waiting and hoping for the next thing to make this pump.

I am planning on selling the other half of my investment when we reach 0.0006 again and then leave the rest of what I have as a free bag hoping for it to explode one day, even if I have to wait a few years thats fine with me.

What price can this realistically reach? I see a lot people mention $1 but I don’t think that is possible, I am more hoping for something like 0.01 - 0.05 long term.

If you are believing in those stupid investors who believe if this coin will reach $1 and you must be stupid enough as well. The tax burn ratio already decreased so much. The burn becomes no affective to the price of lunc.
The price will be stagnant at this level. There will be only a small pump and dump. You can hold until 100 years later to see that lunc to reach such level.
This coin has no utility after crash incidend that happened in the first quarter of this year. You didn't even have a reliable price to sell your coin. This is a zombie coin. Think about that.

Did you think this scam foundation is comparable with apple to have trillions of marketcap by having $1 for each price of coin? WTF!

Selling your coin at reasonable price is quite better.

Chill out . If you read my post correctly you will see I said I don’t think it will go to $1.

It's not wise to continue to be on a coin that has proven to be detrimental to many people, what happened to Terra is actually a crime, maybe Terra can reach the price you've been waiting for because crypto is always full of the unexpected, that's why you have to have the right calculation so it doesn't end on regret
will not give any advice because you yourself must have had targets on the coin that you currently hold.

Correct me if I'm wrong, the total supply of Lunc is currently 6.7 Trillion Lunc, if it can hit $1 then that means its total market cap is 6.7 trillion which is 7 times the total current market cap. People who are dreaming about 1$ goal can be called delusional. Binance currently supports burning lunc but they can stop at any time and it won't have too much of an impact on lunc supplies, so in the long run I don't think it's feasible.
I think you can still invest as long as you are willing to take the risk and you are better off looking at it as a short to medium term investment. Taking profits is never wrong, don't be too greedy the market will cause you pain.

How can people trust it when once it has cheated then we all should see and think. I don't think it will be worth a dollar so you should also see because it cheated us once.  And it can cheat again, so you should stay away from this kind of coin so that you don't have any such problems in the future.

And I am totally bearish on this coin. Only whales are playing with this coin(i think so) so be aware. DYOR first.

I don’t trust the coin, just managed to get in at really cheap price and hoping to make money out of it.

It almost reached 0.0006 a few months ago so I am hoping it can reach 0.001 in the next 3-6 months.

That's why it would never to be worth anything, because people know that they were cheated once and they might be cheated again, and that's why they would never put their money back into Luna and the price would never go up. There are a lot of people who lost so much money from Luna crash that, they do not see a reason to sell it now, it's so low that why would they even sell it. So, they are all waiting for it to recover, and to reach at least a decent price so that they could sell.

But, unfortunately there are not enough buyers and only sellers, this causes it to be a bit of a problem in the long run. I am not sure what will happen, but it will not be even 10 cents if you ask me.

Base what you stated early, you have made a lot of profits after the clash and you bought millions of Terra Luna Classic Token, which old time investors has lost they funds as well, while waiting for the price to pump to $1, we take a lot of time, because it required more investors to come into invest on, therefore, you have nothing to worry about since initial capital has been taken, you rather hold the rest of token for next 8years.

Terra luna classic has pumped in the last 24 hours to almost 0.0002.

This is good sign but not a big enough pump for me, I am not taking any more profit until 0.0003 at least.

What are the chances we have another pump like we did in September?

How many are still buying or holding terra luna classic?

The pump doesn't make sense, how much was it when it also had pumped before? I think that's more than 0.0002. I don't see any on it as a good sign but it is more of a just casual pump-and-dump token. There's no need to hope for this coin as it's merely dead. I don't know how many still buys it but likely it's just for scalping and taking advantage while there's still a liquidity from it but if someone hopes for it as a long investment, that's a wrong idea on buying it.

Well, I'm surprised you still care about Lunc after all this trouble. With what FTX has done to the market recently, most people are starting to convert all their assets into bitcoin or they will convert to fiat, hardly anyone is interested in too many altcoins at the moment, especially shitcoins.

The fall of FTX overshadowed Lunc, I remember there was still a lot of topic talk about Lunc before, but now it's almost gone. Does Binance still support Lunc? and is their team still active? I hardly update anything about Lunc.

I bought in at 0.0001 and sold most of my investment at 0.0004.

I now have 2 million coins I am holding for free , I am hoping for another pump to 0.0005 at least like we had in September.

I am just not sure if I should sell all once we see another big pump and move the profits into Bitcoin or hold for another 12-18 months hoping it burns another zero and reaches 0.001.

Good if you've got that 2 million for free and you've got your capital back to you. So, whether you sell or not, you're still going to make a profit from it. 0.0005 is quite that much but who knows when these pumps will bring you. But a brotherly advise is that, don't be too greedy, when you're already in profit, don't forget to sell and this coin is no good for long term just as I've said or else it will be left behind like any other coins that have been totally dead.

Great advice, don't be too greedy, taking profits is never wrong. Especially we're in a bear market where most people are losing money, it's getting harder and harder to make a profit. If it were me, I would sell out and switch to bitcoin, bitcoin is the safest option right now.
Lunc is now like a shitcoin just pumping and dumping, it might go up to 0.0005 as OP expected but it could also crash again. OP, you should consider selling if it is already profitable.

I just feel that as I now have 2 million for free there is no risk for me financially so may as well hold it until I see a significant rise again in price.

If I sell now that is only $360 profit and yes I could put this into Bitcoin but if I sell at 0.0005 which could happen at any moment then that would give me $1000 profit.

I will wait a little longer to see more price action as at the moment I feel it is not worth selling as it could easily double or treble in price from where it is now.

You bought at a lower price than now ✔️
You already sold most of it resulting in a return on capital ✔️

I say keep the rest and wait for that massive pump in the next bullrun assuming there is a continuous development and support for the platform. Do you still follow the case on Do Kwon? I know he's out but negative press on him may still contribute FUD for that coin.

So, why don't you sell all of your tokens at the peak price? i guess if you have been waiting for that moment to come but you did nothing. I think that if you must learn if it's not everything will go up anytime. The hype for dead token of lunc already gone.

This time the price of lunc is increasing a little bit but that's not a lot. You shall be patience waiting for your target to come again or it will never come.

It needs to wait bitcoin to be pumped and then lunc will able to go to the moon.

This is a very risky investment and it's not wise enough to venture into a platform or coin that has ruined their trust not even a good courage to advise you or any other person here to hold or start speculating about its price.
If I must advise you, just take it to be a 50/50 investment as you may not predict what could happen next so you have to be clever enough to take profits at every single move.

Well, I would suggest you to hold on if you think that it would go up. It is not really about hate, but considering what has happened, it is very hard to trust that it could go up. It's great that you made x5 profit, but what if you didn't? That's the scary part and that is what people are afraid of at the same time.

I believe that there would be a big problem if you buy it now, and then the price starts to crash, why would you want to risk your money on something that has proven to fail before? This is not hate, this is smart investment and that is how you make some money with it, and I believe I could make money by avoiding bad hits like this.

Although it is free, it is also money, not without value, we should also cherish it because making money is not easy. If you sell it and buy bitcoin at the current price of $17k and if bitcoin goes up in price, you will also make a big profit. If you don't sell and keep holding Lunc, of course if it can go up to 0.0005 you will get big profit but still there is a risk that Lunc can go up or not. But if it is bitcoin then it will definitely increase and lunc only increases when bitcoin increases. All decisions are yours, we only give advice.

If it is just potential or tendency on its price to go up, then there is really a chance. But the problem is; what would make its market value to rise? Its reputation was just wrecked before. I'm not saying that it is the end of this token's career already but for sure it will hard a hard time to recover from what happened. And also, many investors are aware of this which pushes them away from this token for their good. But those who can endure its market reputation, feel free to do so but avoid being too optimistic of things.

Point is; the potential of remaining invested money relies on the hand of investor. Indeed, there's an option for investment diversion wherein one could move the amount to a token which has a higher tendency to recover. But that would simply turn to another token investment basically since you'd be choosing liquidation of your previous investment.

maybe because the OP is so sure that it will go back up when it is bullish later without realizing how much is manipulating the current LUNA price. many whales are there to move prices for personal gain.
I really wonder why someone still believes it all without thinking about the risks that have happened. and only think of risking luck to make more money

Terra as for me has no good future anymore. It's a pump and dump is just pure manipulation so more investors will still fall into their trap which has happened before. I wonder why people still didn't learn from what happened. Sometimes, negative occurrences in coins are already warning signs that we keep on ignoring.
Terra has lots of red flags that we shouldn't ignore this time. You better stay away from it and look for a better coin with a good reputation before you lose everything you have. You won't gain a good profit from a manipulated coin

Here is what happening right now there: A big plan to take all the money one more time once they think it's enough for them. Lolz.
You better watch your investments mate. I don't really understand why everyone is falling for the trap of Luna. You already had "classic" example of the same project in phase one, if you telling me you trust them to make you profits then good luck with that.

What they are doing is called as reverse mind set up. They are just show casing that they have power to go with the second phase and make your losses recovered with it. That's just sympathy based public stunt. Better be cautious!

investing in coin like luna that has no utilities left is always such waste of time, it's gonna have really low volume and eventually gets delisted, the luna increase back in the days was mainly because it still has fame, it still has some popularity left and the fact that there are quite many that invested in luna couldn't accept the fact that luna is becoming shit coin and therefore still holding this coin and thinking somedays they will make some miraculous recovery which isn't true since it's just a shitcoin abandoned by the teams.

It is true that Luna has now become a shitcoin but if the claim that it never recovered and rose again is unfounded then that is just your speculation. If Luna is really that bad then maybe binance should have delisted them long ago instead of supporting them till now. I'm not saying to invest in luna, but if OP can take the risk he still has an investment card. If he is lucky, he will get a big reward.

If we consider fundamental analysis, the realistic prediction of Luna should be 0.  The Terra Luna developers are gone rogue now.  They are wanted by the authority so there is no one to develop the market of Luna.  It is just a matter of time before Luna Classic will be delisted by exchanges.

There may be an occasional pump of the LUNC price but don't be fooled by it.  They are just whales wanting to milk the market.

Terra pump several times and the daily transaction volume has reached more than $ 3.5 billion and makes Luna's position ranked 22nd, and since then there has been no longer a large spike so that Luna continues to decline, and in my opinion the target for Kill 1 Zero is still realistically achieved by Luna in 6 in the future.

Yes, that's what others have forgotten when they should start making a profit and get free money already. This bear market will make things unexpected and won't follow your said plan.
I'd also do the same I'll convert it into bitcoin and then if I want to get some other altcoins, it could be bnb or eth. Just a preference of mine but the most ideal is to get bitcoin.

I think its very difficult they go to again 1$ in this time many News are going in market but according to my experience is that its are not possible because this coin already give a loss so its very difficult people trust to this coin and invest a money into this project.

should really forget about this coin reaching $1 honestly it's already unrealistic mark since the current value of luna is really far from $1, even if luna increases 1000% of its current valuation it'd only remove 1 zero I doubt it could ever reach $1 considering this coin has now fall down under the category of shitcoins in which already carrying bad remark added with the fact that there's gonna be zero innovation coming out of this coin, quite literally would never reach $1.

even slight increase in value of luna i'd call it unrealistic, that's because this coin is done for, it's just remnant of the past which should be abandoned since even the devs themselves have done so.
I see no reason why someone gonna invest in this coin aside from gambling purpose, even this coin right now has slowly losing its trading volume, people finally understand that there's no future with this coin so I guess, pretty much all of the speculation revolving around this coin that says this coin gonna increase in value is rather unrealistic, it's just gonna lose its value overtime.

Still don't know why people believe on hypes they heard about it while controversy already kill this coin. Maybe many people trying to earn with it but its really better to forget this one knowing how big the money they wreck from their holders. $1 is impossible to reach since for sure whales will risk their money on this coin again. Maybe there are few people but I doubt it can support until it pump at that figure.

I invest about $ 140 in June and now dropped to around $ 120, some time ago had risen to around $ 220 but I was still optimistic that the market would rise, unfortunately the market continued to decline, but I was sure Luna still had opportunities for rising, and target kill 1 Zero hopefully can happen in 2023.

What can be the fundamental analysis of a scam? The coin is dead, although part of the community still believes in the miraculous revival of a once major project. If something dies in crypto, it dies forever. Now this project is of interest only to speculators and traders who are trying to play on exchange rate fluctuations, no one else is interested in this dead project.

I agree with you that this coin or even both coins are rubbish. Perhaps it will be pumped in the future, but I would rather invest in a more reliable project. LUNA is not Ethereum and LUNC is not ETC. Expecting random profits from these projects would be foolish.