Terra Luna Classic pumping - can it last?

[ChiNgadOr]

Hi all,

Those saying it will only possibly reach a cent , that would still be a 100x for me and that would be more than enough. Currently trying to break through resistance at $0.0005 but think it will in a matter of days.

Having only put £300 into this there is no stress and it is actually nice to have something to follow everyday as last few months the markets have been pretty boring.

Yea the market is still boring to me and I hope the market will be more positive with time. For you taking the risk on investing on it is pretty good which is the reason why we have to invest what we know we can afford to lose with having to think about twice if the market ever go contrary to our target. You can hold as long as you Which but just keep your eyes on the market so you will not miss out on any vital move or information that can change the direction of the market.
Hold as long as you can but have it in mind that the market never keep moving in one direction. The bear is certain so you can take some profits and leave the rest to get your targeted price. Everyone is watching to take profits just like you are waiting for the price to get to a particular price.

[Natalim]

Hi all,

Those saying it will only possibly reach a cent , that would still be a 100x for me and that would be more than enough. Currently trying to break through resistance at $0.0005 but think it will in a matter of days.

Having only put £300 into this there is no stress and it is actually nice to have something to follow everyday as last few months the markets have been pretty boring.

Perhaps, you've got it right. You've got in perfect timing as Terra Luna is in moving up but to think about how long this surge will go, is something we don't know and you'd better take the opportunity to sell them rather than wait for x100 as your goal. Because it was not identical to the situation and it was not what we really see in this bear situation. Be aware of how the hype will end, it was just like a trap that causes major losses to those who wanted more.

[Iranus]

I am fairly new to crypto and in July I took a gamble on terra luna classic when it was 0.00009 and it is now pumping. Can someone explain why this is and what the chances of it lasting are?

How realistic are the chances of it reaching $0.01 or $0.10 and how long will this take? Months or years?

What led to this big pump in the price of the Lunc coin is the burning that took place after updating the coin, which led to a decrease in the quantity supplied of the coin, and within a few days the price of the Luna pumped by more than 120 percent, and this indicates the interest of investors in the Lunc coin, and I see that there is a great opportunity to make a profit from holding this coin in the long term, after staking the Lunc coin and after burning more of the total supply of the coin, but my advice is that investing this coin involves risks, so I advise you not to put a large capital in it.

Burning is what led to Lunac's recent pump, but that doesn't mean it will attract investors back. Maybe the people who are investing in Lunac are just speculating on it and they will dump when they make a profit. With a drop of several thousand times before and only a 120% increase, there is no saying that the terra team is working hard to bring the project back, which sounds like a short-term hype.

Investing in Lunac can be said to be as risky as a meme, so you should consider before investing. A project that once collapsed, leaving thousands of people in dire straits. There is no reason to trust them again.

[JamesDaniel90]

Have just woke up to a price of $0.00054 which put me at 6X so have decided to sell 10%.

I don’t want to cash out too much but at the same time this is my first time being up 6X in crypto since I started in February so wanted to take some profit.

My next sell target is $0.0008 when I will sell another 10%.

[zasad@]

https://www.kucoin.com/news/en-kucoin-will-support-the-tax-burn-proposal-of-the-terra-classic-lunc-community-20220907
KuCoin Will Support the 1.2% Tax Burn Proposal of the Terra Classic (LUNC) Community

If other major exchanges join the burning, then the price of the coin will rise. But the ecosystem is still dead. It's a shame to lose money on the same shit 2 times.

[Iyeman]

https://www.kucoin.com/news/en-kucoin-will-support-the-tax-burn-proposal-of-the-terra-classic-lunc-community-20220907
KuCoin Will Support the 1.2% Tax Burn Proposal of the Terra Classic (LUNC) Community

If other major exchanges join the burning, then the price of the coin will rise. But the ecosystem is still dead. It's a shame to lose money on the same shit 2 times.

That's pure gambling with it. 1.2% tax was nothing. it needs so many years to make the lunc going back to the before the incident was happening. People are still gambling on this shit. I didn't even know why they do believe if lunc can go back again to the at least $1. This pump and dump coin was a way to make money instantly but also losing money instantly from the dump that can occur anytime.

[JoyMarsha]

Terra's classic price is not to be trusted with its high rise in price. Its increase in price looks fascinating but it shouldn't be trusted because investors will dump it when they recover their losses. Bitcoin is pumping with about a 1.90% increase in price while Terra classic(Luna) is pumping with a 50% increase at the moment.

Apply your intelligence, don't wait till the price gets to 0.10 because it's impossible to happen

[blockman]

Terra's classic price is not to be trusted with its high rise in price. Its increase in price looks fascinating but it shouldn't be trusted because investors will dump it when they recover their losses. Bitcoin is pumping with about a 1.90% increase in price while Terra classic(Luna) is pumping with a 50% increase at the moment.

Apply your intelligence, don't wait till the price gets to 0.10 because it's impossible to happen

Well, it is for sure that when a coin rises, there will be the expected dump of it. Those that have it at a low price and they're holding millions of it, they're more than 5x in profit already. It's for them to decide whether they'll be greedier this time or will be satisfied with the current gains that they have. But if I were them, they should take profits and at least recover if they're one of those people that have lost a lot from the original losses they've made from the first coin of it before the fork.

[Ararbermas]

Well much its a very common thing when it comes this market, where in there's a pump and dump so its not surprising why luna making such performance because indeed last time it really fell like a rock..Maybe some traders or the owners is making way to make it survive reason it showing pumps but it still not a big reason to trust IMO.  imagine how many investors declined luna. Just saying. 

[minairia3]

Have just woke up to a price of $0.00054 which put me at 6X so have decided to sell 10%.

I don’t want to cash out too much but at the same time this is my first time being up 6X in crypto since I started in February so wanted to take some profit.

My next sell target is $0.0008 when I will sell another 10%.

The first thing I would like to say is congratulations on making a profit in this market. With the initial capital you invested, your profit was six times what you invested, which is a very significant amount of money. You better cash out 50% of your profit and if you still want to take the risk then go ahead and set your next target with the rest. It is important to keep in mind that this market cannot be too greedy, otherwise it will cause you harm.

[coinerer]

Have just woke up to a price of $0.00054 which put me at 6X so have decided to sell 10%.

I don’t want to cash out too much but at the same time this is my first time being up 6X in crypto since I started in February so wanted to take some profit.

My next sell target is $0.0008 when I will sell another 10%.

The first thing I would like to say is congratulations on making a profit in this market. With the initial capital you invested, your profit was six times what you invested, which is a very significant amount of money. You better cash out 50% of your profit and if you still want to take the risk then go ahead and set your next target with the rest. It is important to keep in mind that this market cannot be too greedy, otherwise it will cause you harm.

Those who invested in Luna project after the crash they have made lot of profit. It is worth taking profit in bearish market. The price of Luna Classic is increasing exponentially almost several days. The condition of current situation does not seem to be normal. It can fall again at any time. But some experts thought maybe the team tries to do something. Those who are able to afford the risk can continue.

[Johnyz]

Those who invested in Luna project after the crash they have made lot of profit. It is worth taking profit in bearish market. The price of Luna Classic is increasing exponentially almost several days. The condition of current situation does not seem to be normal. It can fall again at any time. But some experts thought maybe the team tries to do something. Those who are able to afford the risk can continue.

Obviously the team is working hard to make this project good again, I’m against this before especially when they do create another token instead of solving the problem first but it looks like it’s working for them and most probably once they succeed to burn most of the supply, we might see a more expensive LUNC in the future. Yes, those who can afford to take the risk can join the trend, many made their profit already so I hope those who lose the money can have a chance now to take it back.

[JamesDaniel90]

It is still pumping and I have set $0.0008 as my next target to take out more profit.

Having only put in £300 to begin with this is a risk I can afford to take , it has a feeling that potential reward far outweighs the risk.

[ultrloa]

It is still pumping and I have set $0.0008 as my next target to take out more profit.

Having only put in £300 to begin with this is a risk I can afford to take , it has a feeling that potential reward far outweighs the risk.

But even though it still pumping still you need to consider that the hype might be over and you get caught by false hope so better monitor always what's happening then don't hesitate to sell or take profit once you are seeing a continuous decline on Terra Luna Classic. It wreck to many holders before so don't add to those people who lose their money from it.

[Bobrox]

Obviously the team is working hard to make this project good again, I’m against this before especially when they do create another token instead of solving the problem first but it looks like it’s working for them and most probably once they succeed to burn most of the supply, we might see a more expensive LUNC in the future. Yes, those who can afford to take the risk can join the trend, many made their profit already so I hope those who lose the money can have a chance now to take it back.

Still afraid and most hype with LUNC pump today although have raise more than 50% I am still frustrated what happen with their fist Terra Luna network like old Luna coin and UST price drastically drop. I think LUNC pump drastically last several days after burning moment and have good news update by Binance. I am still not checking what good news publish by Binance exchange about LUNC coin and success reach higher price above $0.00059300 today from lowest price under $0.00041300. Actually with LUNC coin still have hype moment with volume transaction drastically up and I don't really recommended as worth investment with LUNC coin after what happening with their old Luna coin version.

[john1010]

No, it will never gonna last, someone manipulates the pump, and we call it a bubble, some whale want to get the new investors' money, and they are using this fake pump to attract newcomers, if you know how to read the pattern and the graph, all of the coins that have an organic market movement will surely respect the support and resistance baseline, and how could be this coin is bypassing that protocol? that way you exit yourself in big trouble of losing your money by buying this fake pump.

[kawetsriyanto]

Have just woke up to a price of $0.00054 which put me at 6X so have decided to sell 10%.

You abandoned your previous plan.
You said to sell half, which means 50% of your LUNC asset. But you only sell 10% of your asset now.
If I were you, I will stick to my previous plan and not become greedy.

I am going to wait till 0.0005 I think and cash out half my investment then and let the rest ride.

I don’t want to cash out too much but at the same time this is my first time being up 6X in crypto since I started in February so wanted to take some profit.
My next sell target is $0.0008 when I will sell another 10%.

How if the price never reaches $0.0008?
Don't you regret it if it even drops again below $0.0002?
LUNC price cannot be predicted. There are no strong fundamentals supporting the current pump. It is very possible if it is a whales' trap. So, be careful to set a plan.

[BitDane]

Terra Luna Classic was previously in trouble. I'm afraid this is just part of the whale's strategy to take more money from new people who see the coin with a pretty deep drop. its value is cheap and it would be very easy to say a potential coin at a low price that would make the pump bigger.
yes, we are now looking at the pump, but I doubt this project will get consistent support. their market could have crashed as their developers did.

It is still in trouble.  The developers are still hiding from the authority, its personnel are still barred from going out of South Korea, and there is actually no reason for the price to surge unless it is the typical pump and dump scheme.  Though they are burning the some of the supply of LUNC, I do not think that it will reflect this early.  The previous crash is abnormal and this recent surge is way more abnormal.  Be wary of the possible dump in the future.

[Rigon]

I am fairly new to crypto and in July I took a gamble on terra luna classic when it was 0.00009 and it is now pumping. Can someone explain why this is and what the chances of it lasting are?

I have been following it more closely over the last week as it has began getting more and more attention and apparently a lot is happening over the next few weeks which is driving the price up currently but not sure what it all means?

How realistic are the chances of it reaching $0.01 or $0.10 and how long will this take? Months or years?

I am not selling just yet but this is seeing the best returns I have had in crypto so far so may take out my investment soon and let the profit ride.

Terra Luna It has actually reduced people to beggarly ways.I myself was an investor in it. I invested by buying Terra Luna at the highest price. I bought Terra Luna when it was $97.But this project made me very destitute.No matter what people say I say never pump this coin. Actually it was scam scheme.Since you bought it at a very low price, you have a lot of profit. But you can sell the profit you still have.I don't see any possibility of pumping this coin.

[Silberman]

I am fairly new to crypto and in July I took a gamble on terra luna classic when it was 0.00009 and it is now pumping. Can someone explain why this is and what the chances of it lasting are?

I have been following it more closely over the last week as it has began getting more and more attention and apparently a lot is happening over the next few weeks which is driving the price up currently but not sure what it all means?

How realistic are the chances of it reaching $0.01 or $0.10 and how long will this take? Months or years?

I am not selling just yet but this is seeing the best returns I have had in crypto so far so may take out my investment soon and let the profit ride.

Terra Luna It has actually reduced people to beggarly ways.I myself was an investor in it. I invested by buying Terra Luna at the highest price. I bought Terra Luna when it was $97.But this project made me very destitute.No matter what people say I say never pump this coin. Actually it was scam scheme.Since you bought it at a very low price, you have a lot of profit. But you can sell the profit you still have.I don't see any possibility of pumping this coin.

I'm sorry to hear that you invested in this coin when the price was completely out of control, however you are completely right, if someone was able to buy at an incredibly low price once the developers showed their true face then they can speculate with the price if they want, but most people should stay away from Luna because if they don't then it is likely that something similar to what happened to you will happen to them, and I don't think that is something they want for themselves.