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Author Topic: LUNA PUMP  (Read 1004 times)
Ever-young (OP)
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September 09, 2022, 05:22:04 PM
 #1

Am I missing something in the market news?
I was Airdrop 10.5$ worth of btc for a task I won in twitter used the money to buy the new Luna on Binance which was less down 48hrs now.
Just logged in my Binance now and am seeing a massive gain. 10$ is currently worth 28.7$.
Were is the pump actually heading to, should I take profit now or hold?
Just asking out of curiosity, u really don't trust this Luna again despite how small the initial capital is.

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albon
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September 09, 2022, 05:36:13 PM
 #2

You can take out your profits dude and HODL an amount that you can lose in Lunc, these profits are caused by the burn that led to a decrease in the total supply. I do not see that the Lunc coin is a good investment in the long term, only in the short term. You can invest in it and get your profits out constantly because it is really a coin that is not guaranteed and there are thousands of people who lost their money and lost their trust in the Terra Luna team, so I do not advise you to risk unless you have additional money excess of your needs.

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Kavelj22
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September 09, 2022, 07:17:44 PM
 #3

It seems that the platforms have succeeded in making up for their losses.

Yeah, that's what I thought from the start. Platforms will support the new currency and push the price up, deluding people that the currency is valuable in order to sell what you own from the collapsed currency. When I see the number of platforms that still support the Luna currency, it becomes clear to me that the size of the loss from the last collapse was huge and everyone should renew attempts to compensate for the loss.

I find it foolish to trust a coin issued by the same failed team.

 
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September 09, 2022, 07:31:36 PM
 #4

Am I missing something in the market news?
I was Airdrop 10.5$ worth of btc for a task I won in twitter used the money to buy the new Luna on Binance which was less down 48hrs now.
Just logged in my Binance now and am seeing a massive gain. 10$ is currently worth 28.7$.
Were is the pump actually heading to, should I take profit now or hold?
Just asking out of curiosity, u really don't trust this Luna again despite how small the initial capital is.
The first thing that has pumped was the Lunc and then it's likely that whales have diverted to pump into Luna and that's why you're seeing that gain.
It's true that many don't trust it anymore and whatever is happening on it with its gain, it's all just being done for the sake of pump and dump and that's all.
Are you satisfied with your gain and free money? Sell. If not, you will feel that there's a need to wait a little bit longer before selling.

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BIT-BENDER
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September 09, 2022, 07:55:48 PM
 #5

Realistically I would say take it, The pump could be a surface or fake one and it may at anytime go back to what it was or it could even go less, there has been little impressive news coming from the Terra Luna team that show any relatively good signs coming soon, I believe any who are has been holding Luna before you would have already taking the little gain they have gotten right now.

But if you are a risk taker I think you should be wise about it, the Ethereum merger is coming soon and this might bring a Turing point to many Altcoins and very possibly Luna so you can actually wait till when the Ethereum merger actually happens.
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September 09, 2022, 09:22:08 PM
 #6

Despite the pump, I won't touch Luna with an insulated power pole. There is a reason De kwoon is still wanted by South Korean authorities. I don't think Luna has turned the corner. It needs reorganization and reorientation.  I don't know how Kwoon organized that project but he needs to hand over to capable, less criminal hands
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September 09, 2022, 09:24:27 PM
 #7

All of it back to you, if you believe your investment in this asset will be worth something in the future then you must be to hold it, if not then just sell it and anyways you've made a profit too right. I personally will not invest in a project that has failed before, by making a lot of people lose is a very risky action to me because who knows history will repeat again. It's better to me invest in another altcoin than having to choose it ! Although the initial capital is small, for me small things are more valuable because I am not a person who likes to take a lot of big risks on an investment asset.

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cryptomaniac_xxx
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September 09, 2022, 09:30:06 PM
 #8

Am I missing something in the market news?
I was Airdrop 10.5$ worth of btc for a task I won in twitter used the money to buy the new Luna on Binance which was less down 48hrs now.
Just logged in my Binance now and am seeing a massive gain. 10$ is currently worth 28.7$.
Were is the pump actually heading to, should I take profit now or hold?
Just asking out of curiosity, u really don't trust this Luna again despite how small the initial capital is.

As what we have saying here, you don't need to be greedy, just take the profits if I were you. Anycase, the whole market is pumping, perhaps it is just recovering from the last week leg down, or it is due to the effect of ETH merge news. Trust? it's subjective, but I will say that I won't trust them because of what had happened to the project and the people behind it.

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September 09, 2022, 09:38:11 PM
 #9

All projects related to LUNA seems getting too much attention right now and it’s expected to pump more as we are nearing for the update. USTC will be the next to pump most probably, since it is still not overbought and still in a good range. Though with the current pump, I still careful on dealing with LUNA because I know this is just the hype for the update, and it can dump any time as well. Better to play short or long if you see opportunity, don’t just hold.

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Johnyz
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September 09, 2022, 09:43:50 PM
 #10

All projects related to LUNA seems getting too much attention right now and it’s expected to pump more as we are nearing for the update. USTC will be the next to pump most probably, since it is still not overbought and still in a good range. Though with the current pump, I still careful on dealing with LUNA because I know this is just the hype for the update, and it can dump any time as well. Better to play short or long if you see opportunity, don’t just hold.
That’s true, their update can actually hype the other coin as well and as we are seeing now, LUNC is like pausing from the pump to give way to other coin which I think will also catch up along with USTC and LUNC. The update tax burning will be huge once they succeed on this, I see their long term plan now and it looks feasible. I will buy a small amount for now and will hold for a year, let’s see if the hype is true or just a hype itself. TAYOR!
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September 09, 2022, 10:00:11 PM
 #11

All projects related to LUNA seems getting too much attention right now and it’s expected to pump more as we are nearing for the update. USTC will be the next to pump most probably, since it is still not overbought and still in a good range. Though with the current pump, I still careful on dealing with LUNA because I know this is just the hype for the update, and it can dump any time as well. Better to play short or long if you see opportunity, don’t just hold.

I haven't follow the news about Luna since the debacle except wanting to see how the government of South Korea is treating it against Do-Kwon.

But if there is an update, then expect that the pump will probably go on another days or weeks, until it crashed again. Good opportunity for others to make their money as what the OP did. But for sure this is not going to be sustainable. So if I'm in the OP shoes, I will take my money out of Luna as it is very risky.

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September 09, 2022, 10:11:39 PM
 #12

If you are a bit hesitant then you can either hodl or sell half of your coins, but I would hold it if I were you.  a $28 amount won't make you any poorer or richer.  It is a free money that I am sure you can afford to lose if things go hay wired.  Wait another month or set a selling target.

Despite what I said, I still won't advise my friend to invest in such failed project let along a team with a lead developer on hiding/running from South Korea authority.
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September 09, 2022, 11:10:54 PM
 #13

Were is the pump actually heading to, should I take profit now or hold?
Just asking out of curiosity, u really don't trust this Luna again despite how small the initial capital is.
Please, you must learn from what happened with LUNC. it was also going up massively but this time it's slowly going back down again to the what it was started. Im not feeling doubt if this pump has come. I have bought some new luna before and i got huge profit from the pump.
The whales will be pumping old luna first before the new luna. This is a pump and dump mechanism that already created by the whales. If you were not selling your coin and it will be going down again.
Take your profit before that will come very soon. It will never increase forever. Learn from what happened with lunc. Pump will never be last forever.

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adzino
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September 10, 2022, 12:04:24 AM
 #14

Am I missing something in the market news?
I was Airdrop 10.5$ worth of btc for a task I won in twitter used the money to buy the new Luna on Binance which was less down 48hrs now.
Just logged in my Binance now and am seeing a massive gain. 10$ is currently worth 28.7$.
Were is the pump actually heading to, should I take profit now or hold?
Just asking out of curiosity, u really don't trust this Luna again despite how small the initial capital is.
Probably just a pump and is going to get dumped soon. There hasn't been any major announcement that would have caused the price to go up a lot within few hours. Most likely due to the pump of Luna classic, Luna is getting pumped. Both will get dumped soon, which I am also sure. Luna classic is already getting dumped. Both are very risky to hold.

You can take out your profits dude and HODL an amount that you can lose in Lunc, these profits are caused by the burn that led to a decrease in the total supply. I do not see that the Lunc coin is a good investment in the long term, only in the short term. You can invest in it and get your profits out constantly because it is really a coin that is not guaranteed and there are thousands of people who lost their money and lost their trust in the Terra Luna team, so I do not advise you to risk unless you have additional money excess of your needs.
He is talking about Luna, not Luna classic.

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September 10, 2022, 02:07:43 AM
 #15

LUNA in its latest version has started to gain investor confidence again it seems that is why this coin has risen by tens of percent in recent times. but if you think about it, we don't see any news that makes LUNA hype again because it could be that this is a lure from the whales to get everyone to join LUNA and then they will sell everything when they have had enough. I just remind you to be careful.

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September 10, 2022, 02:19:00 AM
 #16

what do you mean by luna classic ? lunc has gone up 100% the past few days. it started with btc up more than $1300 perkoin yesterday to date. i hope luna will come back to a better price, indeed my long term goal maybe teraform will launch a companion product similar to nft for match the price of the persistence of investor confidence will soften. Luna will give you more profit than you stated, maybe. If you believe so, keep some safe if your profit target has been achieved.

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September 10, 2022, 02:19:52 AM
 #17

Am I missing something in the market news?
I was Airdrop 10.5$ worth of btc for a task I won in twitter used the money to buy the new Luna on Binance which was less down 48hrs now.
Just logged in my Binance now and am seeing a massive gain. 10$ is currently worth 28.7$.
Were is the pump actually heading to, should I take profit now or hold?
Just asking out of curiosity, u really don't trust this Luna again despite how small the initial capital is.
Probably just a pump and is going to get dumped soon. There hasn't been any major announcement that would have caused the price to go up a lot within few hours. Most likely due to the pump of Luna classic, Luna is getting pumped. Both will get dumped soon, which I am also sure. Luna classic is already getting dumped. Both are very risky to hold.

You can take out your profits dude and HODL an amount that you can lose in Lunc, these profits are caused by the burn that led to a decrease in the total supply. I do not see that the Lunc coin is a good investment in the long term, only in the short term. You can invest in it and get your profits out constantly because it is really a coin that is not guaranteed and there are thousands of people who lost their money and lost their trust in the Terra Luna team, so I do not advise you to risk unless you have additional money excess of your needs.
He is talking about Luna, not Luna classic.

I'm not sure either why LunaC is the cause of this. LUNA is no more. We have seen it drown the mud but is now sprouting again while there is no update. What news do they get that made this buying frenzy?

LUNAC has been supported by Binance to burn 1.2% tax so this LUNC at least has news for the pump. It would really how crazy this market is if LUNA comes back to its golden days.

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September 10, 2022, 02:53:45 AM
 #18

Realistically I would say take it, The pump could be a surface or fake one and it may at anytime go back to what it was or it could even go less, there has been little impressive news coming from the Terra Luna team that show any relatively good signs coming soon, I believe any who are has been holding Luna before you would have already taking the little gain they have gotten right now.

But if you are a risk taker I think you should be wise about it, the Ethereum merger is coming soon and this might bring a Turing point to many Altcoins and very possibly Luna so you can actually wait till when the Ethereum merger actually happens.

The merger of ethereum will definitely have a positive effect on the whole market, your hypothesis is also likely, altcoins will benefit the most after ethereum. But along with the event of ethereum, before that Mt.gox also announced that their bitcoin release will also be conducted on September 16 right after the end of the merger, so it will make the market very difficult to guess.
Personally, I would sell if profitable, Lunc is not a good project anymore, holding them for long would be very risky.

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September 10, 2022, 03:02:41 AM
 #19

Am I missing something in the market news?
I was Airdrop 10.5$ worth of btc for a task I won in twitter used the money to buy the new Luna on Binance which was less down 48hrs now.
Just logged in my Binance now and am seeing a massive gain. 10$ is currently worth 28.7$.
Were is the pump actually heading to, should I take profit now or hold?
Just asking out of curiosity, u really don't trust this Luna again despite how small the initial capital is.
You are not really missing anything, you must understand that sometimes what happens in the markets doesn't really have any kind of logical explanation.

Sometimes what happens is just part of a manipulation games that someone else is playing, and in this particular case I think that is exactly what we are seeing, so be happy with your small profits and if you can consolidate them but do not think too much about them because there is nothing in that coin that can sustain that kind of growth.
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September 10, 2022, 05:00:43 AM
 #20

Am I missing something in the market news?
I was Airdrop 10.5$ worth of btc for a task I won in twitter used the money to buy the new Luna on Binance which was less down 48hrs now.
Just logged in my Binance now and am seeing a massive gain. 10$ is currently worth 28.7$.
Were is the pump actually heading to, should I take profit now or hold?
Just asking out of curiosity, u really don't trust this Luna again despite how small the initial capital is.

Of course when the price is pumped it means that there is a real profit, now it's up to you to decide if you want to full out or not. Nothing is stopping you from doing what you want to do with the luna or lunc you are holding.

All I can say is that if you still believe in that token, hold on to it. But if you are having second thoughts and hesitating, it is better to take it out and buy another token that has more potential and can give you a good profit in the future.

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