Just went short on LUNC

[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?

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[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