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

[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.