Terra Luna Classic - Take profit or hold?

[Yamifoud]

I think it would be better to take out the original amount and hold the profit  if you think LUNC  will give better profitable result of in future. Meanwhile keep in view the overall Market situation &  try to buy at the dip.

It was not easy to erase the issue that LUNA has been doing, their reputation has already ruin which makes investors stay away and rejected this project. May we can say that this project is worth investing in before but for now, it belongs to shitcoins. Likely, if I still have Luna left in my wallet, I surely sell them all and invest in Bitcoin.

Well, my honest take about this project, it can't be trusted anymore nor I will expect huge investors to help themselves to understand the situation and forget about the past but it serves as a warning to all of us.

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[Ararbermas]

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

its good idea to dump IMO than trusting that project again because obviously many investors were losing interest on it after the manipulation of price. So its a good idea to leave and find new investment especially if the plan is to hold for long run coz it's not safe anymore and surely it will become so stagnant at the current level..

[Smack That Ace]

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

its good idea to dump IMO than trusting that project again because obviously many investors were losing interest on it after the manipulation of price. So its a good idea to leave and find new investment especially if the plan is to hold for long run coz it's not safe anymore and surely it will become so stagnant at the current level..

It is not yet confirmed that it will continue to be dumped and scam investors again, but it is too risky to invest in it. Meanwhile we have a lot of coins that are much better than Lunc. Let's say I'm OP, I will also sell all Lunc and will invest in another coin, I would rather accept less profit and a good night's sleep than not being able to go to bed every night with my invested, don't put pressure on yourself.

The market always has opportunities, as long as we have money, the opportunity will always come to us, learn how to invest safely, don't learn to gamble and get rich quickly.

[XwWnu]

Terra Luna Classic still has a very small price, and the possibility of CZ still supporting it,
we can trust CZ but we don't have to trust LUNC, because we know the LUNA incident has made many people depressed because they lost,
so if you still hold LUNC make sure you really strong no matter what.

[Xxmodded]

Run away for trading or investing with all Terra Luna classic coins after warning from Binance, actually I don't brave for investing in coin ever get problem and notify warning from Exchange market. Luna coin have is not recommended for investing actually have decision for long term investment with Terra Luna Classic network. Issues about developer of Terra Luna run away after South Korean court has issued an arrest Do Kwon as developer or the owner this coin. You can choose another coin for investing because worry some time when developer get arrest potential delist on Binance.

[d3nz]

Terra Luna Classic still has a very small price, and the possibility of CZ still supporting it,
we can trust CZ but we don't have to trust LUNC, because we know the LUNA incident has made many people depressed because they lost,
so if you still hold LUNC make sure you really strong no matter what.

If you bought it for a really cheap price then it would be worth holding. Holding this kind of altcoin is really risky and it could turn to your loss. Another option is to future trade it with less margin and if you know how the market flows when it will go up and down then you can make a profit on it.

We can trust CZ but the developer of LUNC cannot be trusted and we can see that value of LUNC only rely on the updates and if some whales try to put a USD volume on it.

[WalkerIVIV]

Terra Luna Classic still has a very small price, and the possibility of CZ still supporting it,
we can trust CZ but we don't have to trust LUNC, because we know the LUNA incident has made many people depressed because they lost,
so if you still hold LUNC make sure you really strong no matter what.

what are you expecting more from cz since binance already supported the burn mechanism? No possibility for CZ to waste all of his time in scam coin like lunc. CZ can waste his time for a better thing rather than using it for garbage coin.
Hold lunc until will be going to the bottom again. The burn gives no more impact to the lunc. Dump lunc dump. There's no reason to buy this scam coin anymore.

[lixer]

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?

Why only pull out $100 right after every pump. What if you just pull out all the capital that you have invested? And I think you will still be left out with more luna coins. You can then hodl it as long as you want and you will never have regrets anymore even if it dumps and won't recover. And what is that good news you are talking about? We don't have any lately but what we only have are negative news.

You know the new rumored war, the recession, inflation and many more. There's also news which are only specific for luna but it was a negative one, and that is authorities are now hunting do kwon (the founder of luna). With that kind of news, do you still think the price of luna will rise? No way.

[strunberg]

even with support coming from binance luna will still fall, even though recently luna has gained some of its value again meaning it has gotten the increase in value, it will eventually fall again since luna itself isn't sustaining, binance that supports luna is basically an exchange that of course aren't gonna waste too much resources in something like luna, eventually I think even binance gonna abandon this coin in the future.

soon or later binance Will delist this coin , moreover there is no more development since Luna CEO run. People buying this coin only for speculation purpose ,they know about what actually happen to Luna but give a space for speculation was good act to gain good return of its work. Binance still hold Luna in their exchange due mathematics reason atleast they could recover their loss innluna Investment by trading fee.

[BitDane]

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.

Don't get too emotional.  Losing is a part of risk we have to take when investing in a crypto project.  Better to bag the learnings we got than the hatred of losing.

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

there is no assurance that you will recover your initial capital since you bought Luna at $4.  It is quite impossible for the project to reach that price for many reasons.
1.  The total circulating token is too many to hit that price
2.  There are lots of negative things happening to the project and its founder
3.  There is a little trust on the project.

[JamesDaniel90]

Have just sold another $100 worth at 0.000265.

LUNC could pump but I am beginning to lose patience with it all you hear on youtube is ‘good news’ and the price has just been falling last few weeks. Would rather invest some profit while I can into better coins I want to hold long term.

I now have $200 invested which has left me with 2.6 millon LUNC.

[Humility4sure]

Luna is one of the projects that I would never want to remember my experience. It feels really bad because I never expected such a decline in my wildest dream. I've also seen the project as a solid one until the impossible happened. I know my experience was painful but I take solace knowing that many more persons had worst cases and still survived.

[monineklutak]

I doubt there has been any substantial profits one can really make from LUNC in the past few days except those that invested after the crash. Some that even came on board LUNC after the post-attack ATH are at loss now but we should still be bullish about LUNC as we're all hoping there will possibly be approval of offchain tax as on onchain transactions to help fasten the rate of burn.

even though LUNA has been confirmed as a scam project, but unfortunately I can't believe that LUNA can return to its development,
I don't know, for myself of course I will not invest in Terra Luna or Luna Classic because the volatility in this coin is extraordinary, it could even be crash v2 came in this coin.
but for trading, of course it's still worth it, because Binance also still supports LUNC pairs. LUNA and even other Terra Luna ecosystems, so you can trade there and take profit if you are satisfied.

[Hamza2424]

Your Plan is pretty decent as you have already mentioned there are a lot of members against LUNAC. I am also from these members as I was in LUNA before the crash and I was holding 5 LUNA at an average buying of 56$ and that's it then what happened you better know haha after that I knew what's ongoing so never ever invested back. Your Mindset is strong you can hold your positions but I would like to say its just day dreaming.

[justdimin]

A coin that has been subjected to such a dump will never again be an object of investment for large capital. Now this coin has turned into a dummy, which is maintained for the sole purpose of pump&dump. Therefore, if your position is in profit, you should close it and invest in more promising coins.

There will be a day when 100% of the people will realize this, but that is not today. We are seeing gradually everyone leaving, one by one, but right now there are still some people who lost so much money that they still hold onto some sort of belief that they will find a way to fix it, I am not saying that it will make any profit, but they are trusting that they will at least get like 10% of it back, because that’s a huge profit for them compared to right now.

Unfortunately, that’s not going to happen, it won't recover that much, and that means all these people lost their money and to tell them "it’s all gone" is not something they can accept easily.

[ScamViruS]

Luna is one of the projects that I would never want to remember my experience. It feels really bad because I never expected such a decline in my wildest dream. I've also seen the project as a solid one until the impossible happened. I know my experience was painful but I take solace knowing that many more persons had worst cases and still survived.

There are many more investors like you who are trying to forget this project. Because the project looked so solid that the investors did not sell even after being in profit. And their expectations are coming out as nightmares. Many investors were hit hard by the luna crash, which is not easily forgotten. But now those who are trading in this coin, I think they are aware enough because after the incident, maybe no one will be so careless.

[Rana590]

I think lunc will not be able to bear good profit in future. It is better to take profit by short term holding. In my personal opinion, lunc will not increase gradually and we can see up or down repeatedly. So buy in deep and sell when you're in profit and repeat it again. Besides, you can hold some amount for future because any good news about lunc can give you good amount of money.

[The Cryptovator]

I was stupid that I had invested over $5K during the Luna crash which is now worth $500 (approx). I never tried to sell or was not willing to. I just think I lost it forever, so just leave it and let it where want to go. I will be happy when I see the funds have recovered. I don't over-expect recovery. Lose is loss, $500 won't help anything and that's the reason I leave. Whether it will recover my initial investment or forget it. Probably I won't invest any coins in such as situation. One of my friends inspired me to invest and REKT.

[Lantind]

I was stupid that I had invested over $5K during the Luna crash which is now worth $500 (approx). I never tried to sell or was not willing to. I just think I lost it forever, so just leave it and let it where want to go. I will be happy when I see the funds have recovered. I don't over-expect recovery. Lose is loss, $500 won't help anything and that's the reason I leave. Whether it will recover my initial investment or forget it. Probably I won't invest any coins in such as situation. One of my friends inspired me to invest and REKT.

I think it is very difficult to recover the amount of balance that has been lost. Considering Luna is not a good coin.
If the coin price drops, of course there is still hope for us as holders, but it's different from Luna. Luna commits a fraud by throwing all the coins down to the lowest price.

[Jaered]

My advice… Take profit. In this market, its the profit that keeps you going. Hodling is a bit too unpredictable, you don't know what direction the market is gonna swing. So if I am you, I take my profit and hit the long road, honcho. My 2 sats