Just went short on LUNC

[calvinweight]

We have been watching Terra Luna Classic for the past few days looking for weakness. Just sharing my thoughts about market cap and sustainability when it comes to trading. Bitcoin has the monthly close in the books so hopefully we can hit our bottom in the next 7-14 days. ETH trade looks good so far. We have about 3-4 more days before we see whether that one will pan out. It just takes patience. Details in the link below.

https://youtu.be/CtsNwQDDBQg

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[calvinweight]

Lots of energy in the market today with BTC and ETH starting to warm up. There are many alts with really nice chart structure that have been waiting to pop but haven’t due to weakness in bitcoin and ethereum. Today we are starting to see those go. Also since we shorted Terra Luna Classic (LUNC) there’s an update on how that trade is going as well! Lastly, I'm going to keep track of the profits we make on this channel so you can see if you might be interested in joining the pro channel. So far we just closed our first trade - 51% in the green!

https://youtu.be/F3BhOGoyboA

[wheelz1200]

Where are you finding markets to short luna lol.  Going on margin either way on these types of coins almost always end up with you getting margin called.  I guess to each their own but dam you got stones.

[calvinweight]

Where are you finding markets to short luna lol.  Going on margin either way on these types of coins almost always end up with you getting margin called.  I guess to each their own but dam you got stones.

Haha - using KuCoin. Take a listen to my channel. I'm using very small positions (0.5% - 1% of my account and adding margin as appropriate.) I've done this for years and have a good system down Thanks for the comment!

[VRExpress]

You are playing with fire, you should buy some LUNC and hold for long term instead of trading futures, I've lost many coins this way than what I've win back so don't do it unless you are a professional trader.

[masterrex]

We have been watching Terra Luna Classic for the past few days looking for weakness. Just sharing my thoughts about market cap and sustainability when it comes to trading. Bitcoin has the monthly close in the books so hopefully we can hit our bottom in the next 7-14 days. ETH trade looks good so far. We have about 3-4 more days before we see whether that one will pan out. It just takes patience. Details in the link below.

https://youtu.be/CtsNwQDDBQg

I think you are a risk taker, my friend, and why of all the coins out there you choose LUNC, did you know that it was at the height of a scandal and it was not fully recovered yet, the commenter up there is right you are playing with fire Im hoping that you are aware of it my friend  and good luck

[GreatArkansas]

The volatility is really high now even on high market cap coins like Ethereum and Bitcoin.
If you take a look at Bitcoin which is battling the $20,000 while Ethereum is on $1,500 - $,1600.
Very wild, with a lot of candle wicks.

About on LUNC, for me short this is good, for sure a lot of traders are making profits for this pair right now, especially the trading volume for it is high.

[loveselenagomez]

Terra luna classic Lunc short trade good but don't hodl for long-term profit it's highly risk,just don't trust dkwon or whatever.

[calvinweight]

I think you are a risk taker, my friend, and why of all the coins out there you choose LUNC, did you know that it was at the height of a scandal and it was not fully recovered yet, the commenter up there is right you are playing with fire Im hoping that you are aware of it my friend  and good luck

When I see a coin go up 20%+ three days in a row I always look for short opportunities. My position is small and I have a plan B. I've seen coin after coin go through similar hype phases - even when the reasons are legit. Just playing the markets

[Eternad]

We have been watching Terra Luna Classic for the past few days looking for weakness. Just sharing my thoughts about market cap and sustainability when it comes to trading. Bitcoin has the monthly close in the books so hopefully we can hit our bottom in the next 7-14 days. ETH trade looks good so far. We have about 3-4 more days before we see whether that one will pan out. It just takes patience. Details in the link below.

https://youtu.be/CtsNwQDDBQg

LUNC becomes weak since the day the big attack happened on the Terra UST tokens. Shorting a almost dead project is absurd while there’s a lot of project out there that already hanging by a thread like Celsius that obviously on the process of bankruptcy yet there are still users willing to purchase it just because most of its supply is locked on Celsius dapps. This token is like a ticking time bomb that only waits for the official announcement of the team about completely shutting down.

I already learned my lesson on investing Luna before for not shorting it while everyone is already in doubt but shorting it now will just give you small profit percentage since it’s down a lot on its normal price.

[piebeyb]

some of my friends are traumatized every time I mention LUNA's name, whether it's classic luna and others, many have lost money on that project so no one dares to do this risky trade, I am really careful in investing so I will stay away from LUNC in futures trading and I hope you succeed in getting a big profit from your analysis 

[barbara44]

We have been watching Terra Luna Classic for the past few days looking for weakness. Just sharing my thoughts about market cap and sustainability when it comes to trading. Bitcoin has the monthly close in the books so hopefully we can hit our bottom in the next 7-14 days. ETH trade looks good so far. We have about 3-4 more days before we see whether that one will pan out. It just takes patience.

Not us but maybe you only. We have got enough of this scam coin and we won't repeat the same mistakes again. I think one is enough. So you found out that the coin is getting weaker and my guess is that you see that as a good opportunity to invest in? Ok fine that's your money so you can take the risk but you only gotta make sure that you will sell immediately once the coin recovers some of the value that it lost last time.

You are already lucky when this happens so don't waste it just because you got greedy. You drop some analysis there about eth and btc. I will take note of the btc one but for eth, I think it can sustain its good momentum.

[ScamViruS]

You are playing with fire, you should buy some LUNC and hold for long term instead of trading futures, I've lost many coins this way than what I've win back so don't do it unless you are a professional trader.

Correct. Luna is a project that has caused huge losses to many crypto investors. Now Lunc has pumped up a bit so op is thinking of taking a short trade. When there are more coins in the market and positions to trade in those coins, I don't think there is any need to risk your money by trading high risk coins like this one.

Whales know very well how to trap traders. So I think the op should look at the market situation more if the trend changes.

[samcrypto]

some of my friends are traumatized every time I mention LUNA's name, whether it's classic luna and others, many have lost money on that project so no one dares to do this risky trade, I am really careful in investing so I will stay away from LUNC in futures trading and I hope you succeed in getting a big profit from your analysis 

We cannot blame them, many lose the money instantly because of what happened to Luna, and now they are trying make another hype with this project and for sure many will be trap again. It’s ok to short with Luna since we saw some pump, but you should still need to be more careful, the price can be manipulated and if you miss to sell probably you’ll lose the chance again to make profit. I won’t trade Luna for now even if there’s a pump, it’s too risky for me.

[Scripture]

You can always short with any token or coins, just understand the risk of it and don’t trade that much with your emotion. There’s a good pump for LUNC out of nowhere, that could be a good opportunity to do short but I still don’t advice to deal with LUNA for long term, it’s too risky and many investors lose their trust for LUNA, trade with high cautious.

[piebeyb]

some of my friends are traumatized every time I mention LUNA's name, whether it's classic luna and others, many have lost money on that project so no one dares to do this risky trade, I am really careful in investing so I will stay away from LUNC in futures trading and I hope you succeed in getting a big profit from your analysis 

We cannot blame them, many lose the money instantly because of what happened to Luna, and now they are trying make another hype with this project and for sure many will be trap again. It’s ok to short with Luna since we saw some pump, but you should still need to be more careful, the price can be manipulated and if you miss to sell probably you’ll lose the chance again to make profit. I won’t trade Luna for now even if there’s a pump, it’s too risky for me.

yes, that's why I avoided it and everyone should avoid this project because many of my friends lost money from LUNA so they were traumatized when they heard about the LUNA project, I hope my friend's experience can awaken many people here

[Oceat]

You can always short with any token or coins, just understand the risk of it and don’t trade that much with your emotion. There’s a good pump for LUNC out of nowhere, that could be a good opportunity to do short but I still don’t advice to deal with LUNA for long term, it’s too risky and many investors lose their trust for LUNA, trade with high cautious.

Most altcoins are not worthy to HODL or as an investment for long term since most of them are too good from the start so it's best to trade them while they're still hot. The risk is always present in any coins you invest it's just have you have to know more about of what you are investing since real money here is involve. And LUNA was one of the example that never to hodl too much if you are riding with the hype, just control your emotions and sell when you see an opportunity and just don't be greedy too much or you will end up missing out.

[albon]

Most altcoins are not worthy to HODL or as an investment for long term since most of them are too good from the start so it's best to trade them while they're still hot. The risk is always present in any coins you invest it's just have you have to know more about of what you are investing since real money here is involve. And LUNA was one of the example that never to hodl too much if you are riding with the hype, just control your emotions and sell when you see an opportunity and just don't be greedy too much or you will end up missing out.

Greed is what makes the investor covet more profits and this will undoubtedly make him lose many good selling opportunities, who would like to repeat the mistake of others again and invest in the LUNC that has proved the failure of the Terra team, Luna gave us a good lesson that it is the most important thing after you HODL your coins on The long term is to constantly follow the news of the currency and the goals that its team will achieve, when the holder of the coin finds that its team will do something that will make it crash, so he sells as soon as possible and does not wait.

[AmoreJaz]

Most altcoins are not worthy to HODL or as an investment for long term since most of them are too good from the start so it's best to trade them while they're still hot. The risk is always present in any coins you invest it's just have you have to know more about of what you are investing since real money here is involve. And LUNA was one of the example that never to hodl too much if you are riding with the hype, just control your emotions and sell when you see an opportunity and just don't be greedy too much or you will end up missing out.

Greed is what makes the investor covet more profits and this will undoubtedly make him lose many good selling opportunities, who would like to repeat the mistake of others again and invest in the LUNC that has proved the failure of the Terra team, Luna gave us a good lesson that it is the most important thing after you HODL your coins on The long term is to constantly follow the news of the currency and the goals that its team will achieve, when the holder of the coin finds that its team will do something that will make it crash, so he sells as soon as possible and does not wait.

and with that in mind, i don't think LUNC will survive long. this will just be like the original LUNA, it will decline later on. i hope people already learned their lesson. just find another project worth holding. and if ever you are still holding, maybe think hard if it is really worth keeping. if you have the chance to sell it at a better price, maybe, it is high time to discard it. otherwise, you should be prepared that you will lose again on this project.

[crzy]

You can always short with any token or coins, just understand the risk of it and don’t trade that much with your emotion. There’s a good pump for LUNC out of nowhere, that could be a good opportunity to do short but I still don’t advice to deal with LUNA for long term, it’s too risky and many investors lose their trust for LUNA, trade with high cautious.

Traders will always look at the price trend and will not look that much about the history of a token, if they saw some opportunity to make money then they will trade with it. This is how trading works, being emotional is not good and riding with the trend is really advisable. What happened to Luna is not a responsibility of a trader anymore, they make money from this and that’s the main goal for them.

[goaldigger]

You can always short with any token or coins, just understand the risk of it and don’t trade that much with your emotion. There’s a good pump for LUNC out of nowhere, that could be a good opportunity to do short but I still don’t advice to deal with LUNA for long term, it’s too risky and many investors lose their trust for LUNA, trade with high cautious.

Traders will always look at the price trend and will not look that much about the history of a token, if they saw some opportunity to make money then they will trade with it. This is how trading works, being emotional is not good and riding with the trend is really advisable. What happened to Luna is not a responsibility of a trader anymore, they make money from this and that’s the main goal for them.

On point, if you are a trader that focused on TA you can actually see this as attractive but if you are more on a fundamental analysis and a long term trader, you might not want to get involve on this LUNA project again. Many are still afraid to get LUNA even if the price recovers, it looks like they are traumatized for losing money instantly. Well, we cannot blame those people after all. I can’t find any specific reason for this pump, any good news from Luna?

[awik p]

You can always short with any token or coins, just understand the risk of it and don’t trade that much with your emotion. There’s a good pump for LUNC out of nowhere, that could be a good opportunity to do short but I still don’t advice to deal with LUNA for long term, it’s too risky and many investors lose their trust for LUNA, trade with high cautious.

Traders will always look at the price trend and will not look that much about the history of a token, if they saw some opportunity to make money then they will trade with it. This is how trading works, being emotional is not good and riding with the trend is really advisable. What happened to Luna is not a responsibility of a trader anymore, they make money from this and that’s the main goal for them.

On point, if you are a trader that focused on TA you can actually see this as attractive but if you are more on a fundamental analysis and a long term trader, you might not want to get involve on this LUNA project again. Many are still afraid to get LUNA even if the price recovers, it looks like they are traumatized for losing money instantly. Well, we cannot blame those people after all. I can’t find any specific reason for this pump, any good news from Luna?

this includes psychological pressure in trading, although it is actually natural for us to be traumatized by something that failed in the past. but I think we can take the risk by putting a little capital to buy it. as was the case yesterday LUNC experienced a small pump. but I suggest not to hold it for the long term, because it is very risky. therefore using TA would be better for short-term trading on LUNC

[wiss19]

On point, if you are a trader that focused on TA you can actually see this as attractive but if you are more on a fundamental analysis and a long term trader, you might not want to get involve on this LUNA project again. Many are still afraid to get LUNA even if the price recovers, it looks like they are traumatized for losing money instantly. Well, we cannot blame those people after all. I can’t find any specific reason for this pump, any good news from Luna?

this includes psychological pressure in trading, although it is actually natural for us to be traumatized by something that failed in the past. but I think we can take the risk by putting a little capital to buy it. as was the case yesterday LUNC experienced a small pump. but I suggest not to hold it for the long term, because it is very risky. therefore using TA would be better for short-term trading on LUNC

If you are among those who got affected by the crash then you can get traumatized and chances are that you won't invest on the same coin again but if you didn't tried investing on it before, you will still have that gut to try and see if you can make something out of this coin because it was still trendy despite of what happened with it.

I think what we are witnessing now about its price is only just a hype so yeah this coin might be good only for a short period of time and not that recommended for longer terms of investing or trading. We shouldn't forget that there are lots of cryptos available out there which are less risky than lunc.

[milewilda]

LUNC is a very  strong project in past time  the old name of lunc is luna but they drop there price suddenly and alot of people loss in this project so in this time again invest in this project its not safe .

Its never been safe and lots had been suggesting or advising that it wouldnt be that recommendable on funding or supporting this project specially it does have the same team who had created Terra (luna)
which had caused that huge drop in price into $0
https://fortune.com/2022/05/13/luna-terra-ust-stablecoin-do-kwon-wife-protection-crypto-crash/
And now they are making that fork or version 2? Surprising that there are still people who do let themselves look like a fool on dealing up still on this
thing even if they do know its history but still trying out to invest and take out some risk in regarding with this project?

[Iyeman]

It seems like that some people are still thinking this is a very strong project lol. These scalpers are stuped enough by not realized that if price went from hundred bucks to the even lower than zero value. The fork became useless.
People are gambling their life with this scam coin. I didn't even know why those people are loosing their mind to think with their sense.

[Johnyz]

LUNC is a very  strong project in past time  the old name of lunc is luna but they drop there price suddenly and alot of people loss in this project so in this time again invest in this project its not safe .

Many knows that incident and what happened before can still happen in the future this is also why many are still hesitant to buy this project even if they play short. Though as we can see, LUNC team is trying to made this project strong again, and they are confident about this one so if you are a believer and wants to take the risk as well, this could be your opportunity to accumulate.

[wheelz1200]

Where are you finding markets to short luna lol.  Going on margin either way on these types of coins almost always end up with you getting margin called.  I guess to each their own but dam you got stones.

Haha - using KuCoin. Take a listen to my channel. I'm using very small positions (0.5% - 1% of my account and adding margin as appropriate.) I've done this for years and have a good system down Thanks for the comment!

Shorting and lomging volatile coins don't have any system to it.  It's purely speculative and irresponsible to get people to join you.  It's a complete gamble and yeah you might make some good coin from time to time, but there is no system to it.  Greed drives these markets that's it.

[CryptoYar]

It seems like that some people are still thinking this is a very strong project lol.

It seems like they want to be Kwon Do-Hyung's victim again.

I still remember that Kwon said in one of his interviews that 95% of projects die in the bear market. Ironically, the first project that died in this bear market was his.

Though as we can see, LUNC team is trying to made this project strong again, and they are confident about this one so if you are a believer and wants to take the risk as well, this could be your opportunity to accumulate.

don't know about others but after losing my money in UST I can't even dare to trust them again.

[Ayers]

It seems like that some people are still thinking this is a very strong project lol. These scalpers are stuped enough by not realized that if price went from hundred bucks to the even lower than zero value. The fork became useless.

it used to be a project in the top 10 best coins on cmc, but its death ended all,
today those who believe that luna will return are its former investors, they have not yet accepted the fact that they have lost their money, they are holding on to the faint hope that one day luna will truly recover one day, some people didn't invest before and now they think that luna has dropped a lot and the chance for it to rise again so they bought luna hoping to change their life quickly

People are gambling their life with this scam coin. I didn't even know why those people are loosing their mind to think with their sense.

it all comes from greed, the person who loses with luna is also too greedy with the high apy that ust and luna provide, and now they continue to be blinded by greed without knowing the other trap that awaits them ahead

[serjent05]

Where are you finding markets to short luna lol.  Going on margin either way on these types of coins almost always end up with you getting margin called.  I guess to each their own but dam you got stones.

Haha - using KuCoin. Take a listen to my channel. I'm using very small positions (0.5% - 1% of my account and adding margin as appropriate.) I've done this for years and have a good system down Thanks for the comment!

Shorting and lomging volatile coins don't have any system to it.  It's purely speculative and irresponsible to get people to join you.  It's a complete gamble and yeah you might make some good coin from time to time, but there is no system to it.  Greed drives these markets that's it.

I highly agree, this is one of those rare trades that is considered gambling. LUNC and LUNA's fundamental is already lost.  What we are seeing in the LUNC/LUNA pump right now are whales trapping traders to milk the LUNA market.  But I do understand, risk taker traders love this kind of market movement because they can literally play with the market movement and get profit out of it.  Though, I also see those traders playing with the market getting burned by sudden changes in trends of the volatile market.

[dark1234]

Yesterday the Lunc community submitted a 1.2% Terra Classic Burn Tax Premeter proposal. And there is news that 99.9% of the voters agreed, this shows that the proposal will be fixed by TFL [Terraform Labs], which is estimated by Binance and Huobi. support this. And if this happens maybe we will see price changes on the LUNA classic but we are still careful because we can't bet with LUNC after the collapse of the LUNC great wall

[mbakruroh]

Terra luna classic Lunc short trade good but don't hodl for long-term profit it's highly risk,just don't trust dkwon or whatever.

If for short-term trading, it may still be possible to do with Luna Classic, because the risk we take is still small, or by trading using the Stop Lose or OCO system. But for long-term trading or long-term investment, we may doubt with Luna Classic.

[Kadal Ijo]

The last few days Lunc has become trending, the transaction volume has reached $ 3.8 billion per day and now Lunc has been ranked 28th, although it has declined because it was ranked 22nd, but I'm sure Lunc will continue to pump so that it will soon enter the top 10 ranking.

[hd49728]

No coincidence after Terra Classic has an 600% increase in a few days, a terrible news about Do Kwon was released. I expected a kind of bad news to pull Terra Classic down after all.

Finally it happened and it is normal to see that news is related to Do Kwon. People should know burning needs time to have effects. Months or years to burn what Do Kwon over minted in May. Do Kwon is arrested or not, it does not affect Terra Classic so why people got panic.

[icalical]

Just be prepared to get out and take profit quickly, no one knows when the coin will be pumped again. Putting money a coin like LUNC is more like a gambling rather than investment, your prediction with any technical or fundamental analysis will not matter, people knows the price had been manipulated in the past and it might be manipulated again in the future.

[Gayong88]

I think LUNC is still cheap, even after the last few days. They cut their dividend recently, but it's from an unsustainable level, and they have plenty of cash to make sure that the dividend stays covered for a long time. Besides, the price of oil will rebound at some point, and this is a good oil game. I think LUNC will outperform again once oil rebounds. So, consider buying the LUNC option if you want to go short.

[asriloni]

I think LUNC is still cheap, even after the last few days. They cut their dividend recently, but it's from an unsustainable level, and they have plenty of cash to make sure that the dividend stays covered for a long time. Besides, the price of oil will rebound at some point, and this is a good oil game. I think LUNC will outperform again once oil rebounds. So, consider buying the LUNC option if you want to go short.

There's no dividend. There's are only staking and taxation for burning purpose. Cash for what? where is that cash coming for? are you joking or drunk? There's no cash. LUNC is a zombie project that is still alive due to the community. it seems like that you didn't even understand the concept from this pump and dump coin. Shorting lunc becomes very good right now caused by small burning that will make lunc becomes even longer to be burned. This coin is bad IMO.

[bittick]

wise decision since LUNC is essentially shit coin definitely isn't worth holding for long term, you're just wasting your time investing in it and if you think you could somehow make good returns from the temporary increase that it has then you're wrong the whales in general that's gonna make the good returns not the other way around and usually you're gonna losing your money and investments.

[Ararbermas]

Its obviously another shitcoin see what happened.  so OP i hope you don't lose too much money from it as it didn't go well base on your expectations and you go for futures that can easily burn money. Your brave.

Next time remember that not all the time cheap coin is always good to hold or to invest because it depends on the team behind, and it seems related to luna.. Lol i wonder why you trust in such project that after all their problems until now is still not fixed.

[rudin123]

I'm a bit traumatized by the coin luna, because I lost too much money on the coin, now I only focus on etherium and a few coins that I think have good potential for the future, I haven't seen the development
of luna and even lunaclassic again and maybe if they go up in price I still won't glance at the coin

[ethereumhunter]

I don't think there is a need to look for the weakness of Terra Luna Classic because investors' attention may have turned to other, more promising coins to give them a profit. Yes, you see, ETH trading is good to try and if you can analyze with good, maybe you can try to trade futures using the USDT ETH pair. Bitcoin also has a good position to trade and if you're not after big profits, I think you can still profit from buying and selling.

[Psynthax]

I'm a bit traumatized by the coin luna, because I lost too much money on the coin, now I only focus on etherium and a few coins that I think have good potential for the future, I haven't seen the development
of luna and even lunaclassic again and maybe if they go up in price I still won't glance at the coin

this occurred to many that invested in luna, I think this crash was really devastating to many that they become hesitant investing in luna ever again and this is normal, you've lost your money for nothing in this coin of course even if this coin was showing some increase in value you know this coin will never ends well.

[tbct_mt2]

I don't think there is a need to look for the weakness of Terra Luna Classic because investors' attention may have turned to other, more promising coins to give them a profit.

It is not a perfect time to short Terra Classic. If you want to short it, wait after it has 3x, 6x increases like weeks ago when it hits $0.006. Now it has been corrected a lot and if you short it, then it blast off again. What will be your ending with your short position? Get rekted, more likely so.

Trading and speculating Terra Classic is for professional people. If anyone is newbie, don't join and use leverage with Terra Classic. You can be killed by news and fud, anytime. They can be killed by both shorting and longing it.

I will keep holding LUNC many months and wait for next bull run of Bitcoin with 2024 halving. I do it with Spot, not with margin as I expressed my worry about risk above.

[jostorres]

Its obviously another shitcoin see what happened.  so OP i hope you don't lose too much money from it as it didn't go well base on your expectations and you go for futures that can easily burn money. Your brave.

Next time remember that not all the time cheap coin is always good to hold or to invest because it depends on the team behind, and it seems related to luna.. Lol i wonder why you trust in such project that after all their problems until now is still not fixed.

I don't know if what is the use case of this new luna coin but what I only know is that this is their answer to those who are looking for a refund from the old failed project so it might be safe to call this a shitcoin.

Some people are still hoping that this new lunc will help them recover what they have lost in the old luna but I am afraid the luna devs are only giving them a false hope but their true intention is to fool them once again. Why can they just move on and try their luck instead on those coins who are more established such as eth and btc. It may not give them crazy returns but at least it will help them to become a better investor and won't lose huge again.

[Teraboy]

there's reason why most luna holders should just went short in this, because it's shit coins. even with the effort coming from binance to save this coin will results in nothing, I'm sure that even binance will eventually abandon this project considering it's full of manipulation and could taint their name, moreover binance are already losing too much money in this coin I doubt they gonna continuously put effort into this coin, they could just leave it quite literally anytime and this could be such huge loss if you still invested in this.

[bitkanu]

I'm a bit traumatized by the coin luna, because I lost too much money on the coin, now I only focus on etherium and a few coins that I think have good potential for the future, I haven't seen the development
of luna and even lunaclassic again and maybe if they go up in price I still won't glance at the coin

that's a good choice rather than wasting your money to invest in this coin. The price is slowly and steadily going down caused by there's no rumour to be hyped by pumpers. it seems like that all of holders are doing everything to make the burn will become even larger than before.
The weekly burn by luna is very small at this moment. People are still hoping this to be big again in the future.

[TastyChillySauce00]

Since last announcement by binance and it seems like that shorting lunc was the best thing. There will be no big burn anymore for lunc. This coin gonna be a useless coin for sure. So many lunc shillers were also disappearing from the market this time caused by this.
I remember how hard they were shilling for lunc when the burn support news by binance has been released to the market. Lunc is dying right now and its ceo will be going to the jail very soon.

[JoyMarsha]

It surprises me that people still have fate in Luna after what it has done to investors. Fate shouldn't be lost in crypto but in luna's case, I have lost mine. I can't imagine myself thinking of investing in Luna no matter the surge in its price. The worst thing to do is listen to those crypto analyses, analysing Luna. Am pitting those that will fall into luna's trap again because of its recent price movement

[Lagduf]

It surprises me that people still have fate in Luna after what it has done to investors. Fate shouldn't be lost in crypto but in luna's case, I have lost mine. I can't imagine myself thinking of investing in Luna no matter the surge in its price. The worst thing to do is listen to those crypto analyses, analysing Luna. Am pitting those that will fall into luna's trap again because of its recent price movement

Mostly people who are still putting their money in lunc was scalpers. I don't see any other people than scalper who interested to put their money on lunc. People who bought at the bottom was also become the party who are still buying lunc at this moment.
These stupid people are still making the scam coin alive at this moment which can't be appreciated.

[shinratensei_]

Binance has become a guide for every altcoin to develop, I'm sure if there is no binance that still registers Lunac then I don't think there is any hope for Lunac to get a place in the top 40 coinmarketcap.
it's just a matter of time when lunac will be completely wasted when binance no longer supports it.

binance is literally saving lunc right now even though once it gets abandoned by binance i'm sure lunc just gonna lose its value immediately and as a result it will become shitcoin, after all i'm sure that binance isn't gonna be supporting luna for long, binance is running a business and i'm sure their effort in luna is like charity.

[d3nz]

Binance has become a guide for every altcoin to develop, I'm sure if there is no binance that still registers Lunac then I don't think there is any hope for Lunac to get a place in the top 40 coinmarketcap.
it's just a matter of time when lunac will be completely wasted when binance no longer supports it.

binance is literally saving lunc right now even though once it gets abandoned by binance i'm sure lunc just gonna lose its value immediately and as a result it will become shitcoin, after all i'm sure that binance isn't gonna be supporting luna for long, binance is running a business and i'm sure their effort in luna is like charity.

Some people doesn't learn their lesson even if it has a result already or maybe some people doesn't learn the lesson from the others. I'm surprised lunac is still alive until now despite of the commotion in the past few weeks because of their market manipulation. And here we are, people still has faith that it would give them a profit in the near future and I highly doubt about it. It's just a matter of time before binance would take action and delisted this coin.

One of the common problems in the cryptocurrency world, people are still waiting for the good news of the project. But, you can still take advantage of the situation since people are still believing it will reach $1. Whales are still coming in and putting a lot of volume on LUNC and USTC which obviously pull a lot of people to go buy and take the bait.

Binance already delisted it but still, they are still earning from fees.

[asriloni]

Binance has become a guide for every altcoin to develop, I'm sure if there is no binance that still registers Lunac then I don't think there is any hope for Lunac to get a place in the top 40 coinmarketcap.
it's just a matter of time when lunac will be completely wasted when binance no longer supports it.

agreed with this one, binance is like the last line that's holding luna and keeping it alive, even though it seems binance is putting so much effort in keeping lunc alive but eventually they'll find it's such futile attempt in keeping luna alive because it's just waste of effort and money since it's just full of fluctuation like shit coins and meme coins that's just gonna harm their business.

[blockman]

agreed with this one, binance is like the last line that's holding luna and keeping it alive, even though it seems binance is putting so much effort in keeping lunc alive but eventually they'll find it's such futile attempt in keeping luna alive because it's just waste of effort and money since it's just full of fluctuation like shit coins and meme coins that's just gonna harm their business.

I don't know why Binance is keeping much with it. Maybe there's something from that project that they really are excited all about or it's just that they're holding it and they have to sell all of those holdings that they have for them to make profit.
It could be either and Binance being interested on it and doing things to make it alive is what they've been doing, those holders that have a lot of losses holding it might find some comfort from that.

[Marykeller]

You better stop looking at terra luna's price and focus your attention on bitcoin and Ethereum.

Terra Luna is already a weak coin, a weak coin is what it will continue to be. It's preferable to invest in bitcoin and Ethereum because you are sure that their price will skyrocket tomorrow than investing in a terrible coin like luna, which is fighting to survive in the crypto market and will soon diminish to zero value

[wxa7115]

You better stop looking at terra luna's price and focus your attention on bitcoin and Ethereum.

Terra Luna is already a weak coin, a weak coin is what it will continue to be. It's preferable to invest in bitcoin and Ethereum because you are sure that their price will skyrocket tomorrow than investing in a terrible coin like luna, which is fighting to survive in the crypto market and will soon diminish to zero value

While those which invested in Luna when its price was very high and before we discovered the truth behind the project do not have too much of a choice, and they may still decide to trade the coin to try to recover some of the money they have lost, I still think it is odd other traders which had nothing to do with this coin are deciding to trade it when they have so many other options to choose from.

By doing this they are taking a massive risk because as you mention Luna is a very weak coin and it could collapse at any moment, and yet they decided to take this risk despite having this knowledge, I just hope no one else losses their whole savings while trading this coin, a wish which will be unfulfilled taking into account how many people are still interested in trading Luna.

[irhact]

You better stop looking at terra luna's price and focus your attention on bitcoin and Ethereum.

There's high price movement with the project so it's very good for trading, you can short it when you see bad news and long when you see bullish news. Whenever Binance burn some token there's always an incredible increase in price and you can take advantage of that. Project like this aren't good investment for long period but very good if you're trading them short period. Luna still have support from big investors that are trying to recover the money they lost due to it previous crash.
Binance is one of the investors looking to recover their money and after they do that then they'll delist the project with some excuse of it not having any improvements. Don't buy this token and look away like your regular investments.

[WalkerIVIV]

luna classic is just waiting for its demise, eventually it gonna gets forgotten by many of the ones that invested, I think at this moment investing in coin like matic is definitely makes more sense considering the fact that with investing in luna you're just literally gambling but with lower chance of winning, I don't think it makes sense with luna considering it has gotten abandoned by the devs meaning it quite literally could hardly ever make a comeback let alone having huge rally like in the past, it's definitely bad idea investing in luna classic rather than the other coins out there that's having better futures.