Just went short on LUNC

[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.

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[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.