Terra Luna Classic - Take profit or hold?

[JamesDaniel90]

I have invested $400 in Terra Luna Classic since its collapse in June.

I cashed out $100 at $0.00052 when it pumped a few months ago meaning I have $300 left in it giving me 3 million at an average price of $0.0001.

Seeing how it has struggled since the pump a few months ago I am left thinking I should have cashed out more at $0.00052 but I am still holding now waiting for another pump.

The current price is $0.00029 and I am thinking of cashing in another $100 when the price gets back to $0.00035.

I was never one thinking it would reach $1 again , I am happy if it reaches $0.005 but even that is starting to look like a struggle as we have had lots of 'good news' lately and the price is going down not up.

I know there are a lot of people against Luna now but for those who are invested and holding , what is your plan?

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[BIT-BENDER]

From your story you definitely have made something out of Luna. Congratulations to you so many people have an opposite story to this. Luna used to be a fantastic coin and had even giving people huge profits before that unimaginable fall.

Many investors thought this fall was just another opportunity to invest more and the price would go up and they would make more profits, but as we saw it this didn't happen. Then you came in after all that and then got something out of it. With the uncertainty already exhibited by Luna I won't give them my full confidence.

[Marykeller]

I have said to myself not to discuss or look at luna's price again. I have even removed the luna token from my wallet. Seeing her price each day makes me angry the more. I invested a day before the crash when the price was around $4 per token.

I wonder how long will it take me to get my invested money back if I follow this method of yours ''taking profits when the price increases a little''.

To me, Luna is a dead-and-gone coin, removing my mind from it was the best decision I have ever taken. Not regretting it a bit

[Maidak]

As far as I've been following the news lately, first: Lunc is run by a spontaneous team from Terra's old team, which means it's no longer related to Dokwon. Second, with the recent news of binance claiming to support the burning of Lunc with the proceeds of Lunc's transaction fees, it shows that they are trying to help Lunc. Personally I believe in binance so what they are doing will benefit Lunc in the short term, so my advice is you can hold Lunc short term and wait for the bigger news, I believe it will pump again.

[coin-investor]

I have invested $400 in Terra Luna Classic since its collapse in June.

I cashed out $100 at $0.00052 when it pumped a few months ago meaning I have $300 left in it giving me 3 million at an average price of $0.0001.

Seeing how it has struggled since the pump a few months ago I am left thinking I should have cashed out more at $0.00052 but I am still holding now waiting for another pump.

The current price is $0.00029 and I am thinking of cashing in another $100 when the price gets back to $0.00035.

I was never one thinking it would reach $1 again , I am happy if it reaches $0.005 but even that is starting to look like a struggle as we have had lots of 'good news' lately and the price is going down not up.

I know there are a lot of people against Luna now but for those who are invested and holding , what is your plan?

You're lucky that you've done good investing in Luna, my investment in Luna is forgettable I lose 90% of my investment here and I don't think I can recover my losses the way it performs in the market I should have sold it earlier, the risk in investing in Luna is very high, a lot of bad things are attached to this coin, there's not even guaranty that there will be another pump, but since you did good in the past and if you're comfortable on whatever losses you may incur then it's up to you to decide if you still want to have it in your portfolio

[TribalBob]

what is your plan?

you are lucky people who have benefited from luna, i dont have plan after that incident i forgot luna was in my wallet, and i stayed away from him, too painful to remember,

[asriloni]

Take profit is far better. I have seen the result from lunc burn which is making so many people feel disappoint with it. This pure pump and dump coin. If you are truly traders and you do know that if lunc burn will not give any impact until next decade. The daily trade volume was also affecting the result from burn. It's very small right now. You shall become a smart trader, take profit and then try to buy at the dip. This is the best thing that you can do with your money.

[tabas]

Just take profit and leave it alone. I'm sure that you know that there's less hope for that project and many will just abandon that for sure when they've made profits already.
Like them, don't be too emotional and attached on it because you don't know how long it will have that value and it's likely that it'll go to a lesser value since we're dealing with the bear market.

[zasad@]

I have invested $400 in Terra Luna Classic since its collapse in June.

I know there are a lot of people against Luna now but for those who are invested and holding , what is your plan?

My plan for investing in shitcoins is very simple. As soon as the price of a shitcoin grows by 200%, then you sell half of the coins and take your investments, and with the second half of the coins, which is now free for you, you are waiting for big XX

[traderethereum]

If I can see an increase of 2 times the purchase price I did some time ago, I plan to sell a few percent of the total number of coins I have and take the profit.
Maybe I will also take the initial capital that I have used to invest in the coin if the amount of profit is very large.
So if I were you, maybe taking another $100 would be fine, especially if you have an urgent need that needs to be met.
Otherwise, you can keep holding it until your target price is reached.

[JamesDaniel90]

Hi all


I only took out $100 at $0.00052 as I thought we would carry on rising and did not want to cash out too soon.

It was a 5x at the time so I now realize I should have at least took out the $400 I put in.


Have only been in crypto 6 months and this is the first time I have had any profit above 3x so wasn't sure what was best to do to be honest.

I see it has done well today with a 12% pump but not enough for me to cash out any more of my investment just yet.


I will hold for now and hopefully we will have another pump soon, it is just taking a while seems to be steady around $0.00029 mark.

[dlightag]

Terra Luna has been doing well before the clash which many investors are still pain of the lost, hoping that one day luna Coin we pump back more than $1 as your expectation, So congratulation base on your entry point of your investment while holding millions of the tokens.   

[crwth]

A lot of people were affected by the crash, knowing that it destroyed a lot of people's dreams. It’s not going to be smooth sailing from now on. It’s like people with traumatic experiences that wouldn’t want to go back to that scene where they have experienced it. There is already a track record, and I don’t think it will return to that level anymore.

Just take your profit and enjoy it for sure. You have made a positive thing towards that all negative.

[JamesDaniel90]

I agree taking profit soon is best way however it almost reached $0.0006 a few months ago so if it can get there again for me would be good return.

I am hoping it will reach $0.001 however not sure how long that will take but that would be a 10x for me so may be worth waiting for.

[bittick]

If you could cash it out and still profitting I think it's wiser if you take your profit, I see no future for luna, you better off investing in other coin like matic and sol. after all if you're waiting for luna to increase, it's like waiting meme coin and even shitcoin in general to increase, you never know where it will occurs since luna itself is already could be considered as dead coin since that's just how it is.

[harizen]

I know there are a lot of people against Luna now but for those who are invested and holding , what is your plan?

Knowing what others plan might only wreck what's on your mind especially if you are asking those people who already put decent money into buying that coin and are also in a big paper loss right now. It will totally affect your self-decision skills.

Since you already did some actions, I know you can make up your own strategy on what things are appropriate to do.

Remember that those who invested in Terra Luna Classic are expecting a moon price therefore expect the majority of hodlers will only look at the positive side and will ignore any negative hopes on that token. I'm sure that the most common response you will encounter from those believers is to "just hodl".

[serjent05]

I know there are a lot of people against Luna now but for those who are invested and holding , what is your plan?

I invested in Terra when it was around $2 then DCA as it crash, sadly I didn't buy when it bottom since I was sleeping at that time.  When I read the news about the fork.  That was the time I decided to sell my holdings. I somehow recover my investment thanks to cost averaging.  I don't think Luna has a bright future.  There are lots of controversies surrounding the project and the fact that its original developer is wanted by the South Korean authority, I believe Terra Classic is already doomed.

I hope the price somehow pumps so you can cash out with a bit of profit or regain your investment at least.  There is no reason to hold Terra Luna Classic, I think it is naive to think that this token will recover.

[erep]

I was investing in luna until it shows the characteristics of shitcoin that I decided to invest in the other coin instead, I mean I know the volatility could make you rich, if you lucky, you could invest at the very bottom and make your measly investments into millions just from the volatility and fluctuation itself, but then again that is if you are lucky, since big chance 1 out of 1000 are just gonna be losing their investments in luna since it's such manipulated coin that the winner will always be the ones that manipulates.

We should avoid investing in Luna coins, I have reviewed the Lunc trading market due to the pump and dump factor of the effects of trade manipulation for whale profits, so we should ignore investing in Luna coins on the portfolio unless you are willing to take a high risk of losses. I think even though binance supports burning from every piece of trading activity but the increase in Lunc is only used for investment recovery from previous losses so any increase will be easy to dump after the whales take profit and they will buy it again at the lowest price, so you are right that the whales are winners of the manipulation price.

[NicNacCoin]

Tera Luna Classic seems to be pumping a lot at times. Maybe the project is trying to move forward and they are giving good news one after another.But a fear has crept in people due to which they are not investing here mostly and those who are are investing for short time.But you can invest here for short time but I never suggest you for long term investment.You can profit here but not hold.

[Kelvinid]

I know there are a lot of people against Luna now but for those who are invested and holding , what is your plan?

I have to give up hoping that Luna will gain more investors and increase demand which could rally the price up again. I was hopeless right after the issue come out and I see many investors/holders selling then which make its price dump more. If you are still holding them, better to make the decision to sell and use that money to buy Bitcoin before this project dies. I'd never see it as ideal to still hold Luna, though we can see a pump happening in the past days something questionable about who does it as it was certainly a sort of manipulation as this will never stay long, and drop back to the bottom.