Luna Classic - Thoughts?

[icalical]

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.

£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.

[coinerer]

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.

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

[JamesDaniel90]

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.

[Tony116]

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.

[tygeade]

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.

£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.

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.

[BIT-BENDER]

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,

[serjent05]

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.

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.

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.

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.

[Quidat]

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.

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.

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.

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.

[Pelana vreo]

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.

[Kemarit]

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,

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.

[len01]

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

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.

[MarjorieZimmermanGinger]

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.

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

[South Park]

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.

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.

[yazher]

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,

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.

[crwth]

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.

[Lantind]

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.

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

[X-ray]

If there is anyone investing in luna anymore, it's just the old investors who still haven't accepted that their assets have evaporated and that there is no longer a Luna.

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.

[Ayers]

~

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.

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

[Webetcoins]

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.

£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).

[og kush420]

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.