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Author Topic: Bought some Terra luna for 1.5$  (Read 373 times)
TAMiller
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May 12, 2022, 03:08:29 AM
 #21

Whoda thunk?
Dave1
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May 12, 2022, 03:13:35 AM
 #22

@dhru9. You clearly made a very bad decision. You should wait if UST returns to $1.00 peg first before gambling on Luna. What is happening presently with the Luna ecosystem is the holders of UST are burning UST for Luna tokens and they dump them on the market. This will not stop until the peg returns.

True, we don't know, maybe Binance has halt it already because of the current status of UST or this is some glitches and blips along the way.

Nevertheless, it is not a good idea to invest on everything that that Terra Luna on it. The way it has affected the market in the last couple of days, they might be pulling a rug pull here.

R


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May 12, 2022, 03:22:08 AM
 #23

@dhru9. You clearly made a very bad decision. You should wait if UST returns to $1.00 peg first before gambling on Luna. What is happening presently with the Luna ecosystem is the holders of UST are burning UST for Luna tokens and they dump them on the market. This will not stop until the peg returns.

True, we don't know, maybe Binance has halt it already because of the current status of UST or this is some glitches and blips along the way.

Nevertheless, it is not a good idea to invest on everything that that Terra Luna on it. The way it has affected the market in the last couple of days, they might be pulling a rug pull here.

Is there really a way to make it back the way it was?

It would take  a lot of money to make it back there. The team already sold the BTC they have to solve this. They ask help already and no one comes. If the rumors are true, Blackrock or Citadel could takeover the project and government will also get involve regulating stablecoins as if they are bailed out. And this is where buying Luna will be good. If it doesn't happen, just hold your horses.

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May 12, 2022, 04:11:58 AM
 #24

lately they've been talking about LUNA a lot, everyone is using this to make a profit. I believe that Binance with the LUNA ticker is transaction-intensive, they will find it difficult if they have to handle many transactions at once. I'm sure binance isn't scamming you, if it works try checking on the network explorer, but if it doesn't show up in your wallet within a few hours I think you should contact binance customer service, they will be able to help you.

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May 12, 2022, 04:38:48 AM
 #25

How long has it been since your transaction took place and what's the update? Has it appeared in your balance already? You can lock this thread now if your issue has been solved. Contact Binance support if not yet.


Not rrsolved and no answer in chat thry overload today with chat
You have to contact Binance customer service, oh yeah, first try checking your wallet directly on the explorer's website if they show your token. This means that the binance may experience a slight delay in processing. You don't have to worry so far as binance doesn't disappoint they will take care of your problem right away.

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May 12, 2022, 05:08:53 AM
 #26

That's probably just a glitch and a bug but I'm concerned that you've bought it while it's dipping. It's better if you've kept those SOLs and never sold them for Luna.

Luna is now $0.3 and glad that I didn't buy it even when I saw it @ $5 and $1. Because I thought that it was the right time but no way, the drop seems to be no stopping at all and there will more of it. So, it's better that I did the right choice of waiting.

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May 12, 2022, 06:15:37 AM
 #27

I am not sure why it is not shown but I don't think Binance will scam or they scam anyone as they are one of the reputable and top exchange site in the crypto world, I think you should use spot trade next time. I looked at luna and I see that now it is less than $1 from $90. That was really a crash.

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May 12, 2022, 07:42:11 AM
 #28

These days many Altcoins were corrected sharply, even the current price of Luna was around 17 cents even though a week ago more than $ 90, of course this made us curious about what happened in Luna, besides Luna coin stable coins namely Terra USD only 50 cents and made me worried for Hold Terra.



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d3nz
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May 12, 2022, 08:39:58 AM
 #29

You should wait if UST returns to $1.00 peg first before gambling on Luna. What is happening presently with the Luna ecosystem is the holders of UST are burning UST for Luna tokens and they dump them on the market. This will not stop until the peg returns.

This is a big correct for me, that's why I bought it at the price of UST $0.4 and I know it will go back until it hits $1 again. Terra Luna is also affected by the latest announcement of Binance since it will be delisted in future trading, and I don't know if it will affect the market but maybe to lessen liquidation of traders or to avoid getting huge profit from traders since they know it can take advantage while market Luna is in huge dip

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bitcoin-shark
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May 12, 2022, 08:49:26 AM
 #30

buying terra luna now is really very risky it has had a 98% drop in its average value it may seem like a good opportunity but it is not said that it will go back soon or never go back, the delay on binance can be due to the many transactions it seems that in many have had the same idea
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May 12, 2022, 08:53:07 AM
 #31

Contact Binance support if your balance hasn't arrived yet. what happens is that it is a technical problem or problem, usually it is not like this and it is also impossible for your balance to be lost on Binance.
your decision to buy Luna at the price of $ 1.5 is very right even though now the price has dropped further but if it will recover you will make a big profit.
I also tried the same luck, bought Luna for $1 and I hope it will recover soon.

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May 12, 2022, 08:55:50 AM
 #32

I usually not convert my coins but sell it on spot market and I am not sure how to fix your problem, you can try to contact supports as they are 24/7 available on Binance. About the Terra Luna, I see that the $UST increases around 40% and I think the $LUNA will come next, do you think this is a good opportunity to buy some LUNA now. I will try to buy some maybe around $100 just come to think if it will jump back to its original price.

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May 12, 2022, 09:01:01 AM
 #33

Terra Luna is also affected by the latest announcement of Binance since it will be delisted in future trading, and I don't know if it will affect the market but maybe to lessen liquidation of traders or to avoid getting huge profit from traders since they know it can take advantage while market Luna is in huge dip
The delist news about Luna on Binance will have an impact on the lowest luna movement, they are delisting because many futures traders are taking advantage of Luna's price decline, but will Luna fix everything about the market decline because there has been no announcement that is sure to fix all Luna's damage.

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May 12, 2022, 09:03:48 AM
 #34

I usually not convert my coins but sell it on spot market and I am not sure how to fix your problem, you can try to contact supports as they are 24/7 available on Binance. About the Terra Luna, I see that the $UST increases around 40% and I think the $LUNA will come next, do you think this is a good opportunity to buy some LUNA now. I will try to buy some maybe around $100 just come to think if it will jump back to its original price.

By original price you mean ATH or what? Because at the moment Luna is $0.1124 and from -99.89% from ath. That would mean it needs whopping 105932% rise for that all time high. It would be a recovery unlike anything else in crypto. Not going to happen.

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May 12, 2022, 09:32:37 AM
 #35

Im sorry for your lose. You may have lost all of your money here. You are bought at the top and this time it's only worth 4 cents and so all of your solana may go away if your problem has not yet fixed. There's no way to fix it other than try to send a support ticket but im sure that your investment worth pennies and it's not worth to send ticket support again. So, you are loosing all of your solana. It's going down more than 99% from your buy price.
Why are you still betting into the scam token? Do you wanna give your money as a charity? so many awareness for not to shorting or even long for this token.

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DevFile90
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May 12, 2022, 09:46:19 AM
 #36

Luna withdrawal on Binance exchange is now suspended for an unknown reason, OP you may have just made the biggest mistake of your life, selling solana for Luna is a wrong move because Solana is a better investment than Luna. I lost 130$ to Luna too, bought at 0.77$, 0.45$, 0.35$ and 0.20$ thinking it will bounce back.

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bakasabo
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May 12, 2022, 09:51:44 AM
 #37

I think you have tried to do arbitrage trading, but you have chosen wrong altcoin for that. You have completely missed with your choice. Yesterday a lot of people made similar mistake, when Luna price went from $0.80 to $4.5 at the evening, and different exchanges offered a complete variety of Luna price.

Lunas price is 5 cents only right now. I suggest you to keep this alt as a reminder how things changes quickly in crypto. And a notification to everyone - dont choose an altcoin to invest in only by looking on its position in top (this refers to those who say "take anything from top20" and etc). Luna was in top15 and in 24h has fallen down to #143 place.

R


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BitcoinPanther
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May 12, 2022, 10:36:55 AM
 #38

If you wait a little longer you could have bought Terra Luna at less than 10 cents. 

Luna withdrawal on Binance exchange is now suspended for an unknown reason, OP you may have just made the biggest mistake of your life, selling solana for Luna is a wrong move because Solana is a better investment than Luna. I lost 130$ to Luna too, bought at 0.77$, 0.45$, 0.35$ and 0.20$ thinking it will bounce back.

What if Luna recovered its 50% value after this bloodbath?  Would you say that his decision of selling SOL for Luna is wrong?  The thing that you bought $130 worth of Luna is a proof that you also thinks that it worth the risk.

I usually not convert my coins but sell it on spot market and I am not sure how to fix your problem, you can try to contact supports as they are 24/7 available on Binance. About the Terra Luna, I see that the $UST increases around 40% and I think the $LUNA will come next, do you think this is a good opportunity to buy some LUNA now. I will try to buy some maybe around $100 just come to think if it will jump back to its original price.

By original price you mean ATH or what? Because at the moment Luna is $0.1124 and from -99.89% from ath. That would mean it needs whopping 105932% rise for that all time high. It would be a recovery unlike anything else in crypto. Not going to happen.

Well it is not impossible as long as the developer does not give up on Terra Luna.  We just need sometime for the market to recover.  I think it is early to make a conclusion.
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May 12, 2022, 11:35:03 AM
 #39

I think you have tried to do arbitrage trading, but you have chosen wrong altcoin for that. You have completely missed with your choice. Yesterday a lot of people made similar mistake, when Luna price went from $0.80 to $4.5 at the evening, and different exchanges offered a complete variety of Luna price.

Lunas price is 5 cents only right now. I suggest you to keep this alt as a reminder how things changes quickly in crypto. And a notification to everyone - dont choose an altcoin to invest in only by looking on its position in top (this refers to those who say "take anything from top20" and etc). Luna was in top15 and in 24h has fallen down to #143 place.
to speculate on Luna I think it's okay, but with some of the capital we have, considering that Luna lost a lot of investors, and of course we can do short-term trading, because the bitcoin trend is still declining, so it's affected, in addition to internal problems from Luna's own project. . yesterday someone managed to do arbitrage, but after that the exchange went into maintenance

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May 12, 2022, 11:53:35 AM
 #40

Luna withdrawal on Binance exchange is now suspended for an unknown reason, OP you may have just made the biggest mistake of your life, selling solana for Luna is a wrong move because Solana is a better investment than Luna. I lost 130$ to Luna too, bought at 0.77$, 0.45$, 0.35$ and 0.20$ thinking it will bounce back.
He have 100% of his money if his problem is not yet solved. So many people were spreading the message not to buy luna caused by the inflation was so crazy and almost similar to the meme token with super billions supply. i think that he may have learned from his mistake. That screenshoot may be a problem for him and he was not online again caused by he was regretting his decision to buy luna at 1,5 dollar for each.

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