Luna reaches $0.01 USD!!

[N3WY0RK]

Nah, just some lunch money in this one for fun!


You are absolutely right and I have plenty of investments elsewhere making good returns. However, this is the LuckyGamble™ thread and we are all just having fun watching another dying crypto sir.

Chill on the word "dying", you mean another upwards trending crypto?

 

[Richlove]

Chill on the word "dying", you mean another upwards trending crypto?

Sorry, I meant a moon bound lunar landing cryptocurrency of Epic proportions!

 

[kola144]

I have 588926.88 hope 0.5 next week

 

[N3WY0RK]

Fuckit! Threw another $1k at it.

Ok, I'm good at 2.4 mil. I'll sell half at $1

 

[Riders On The Storm]

My gf asked me not to invest on it when it was at its all time low yesterday. I wanted to gamble 5k. Fucking breakup incoming. Now just with 100 bucks investment. That doubled itself in few hours.

 

[Scorpion Ghost]

My gf asked me not to invest on it when it was at its all time low yesterday. I wanted to gamble 5k. Fucking breakup incoming. Now just with 100 bucks investment. That doubled itself in few hours.

Breakup incoming bro. I see no other solution haha

 

[HustleTong]

Token supply is too high
I wouldn't be optimistic about LUNA and UST at this point

 

[OccultKingdoms]

Wealthy people look to maintain their wealth or make 2-5% above inflation while keeping risk ultra low.

Poor people go for ultra risky gambles to try and make 10,000% returns.

This isn't how you get rich, folks.

You need to build something that generates you big money, consistently for a long period, then do your very best to not lose that money over the long term. That's the only way it's done.

The only time you want to risk more money is if it's in your own venture, where you control more of the variables, but even then the vast vast majority of people who make it big do NOT risk their money. They put a little money into a medium risk, high reward business and get others to put up money too.

Smart words, smart words, especially that part about variables and being in control of numbers other than hours worked.

 

[Kinetura]

Imagine buying $100 of luna at $0.01 and it goes to $2 in a few days. That's an easy $20k xd
Not financial advice haha

Yes, you are right about the gain. The problem is that it is very easy to buy into a token like this, but difficult to sell and get out of it after the gain has been made.

 

[LuckyGamble]

Yes, you are right about the gain. The problem is that it is very easy to buy into a token like this, but difficult to sell and get out of it after the gain has been made.

Just gamble whatever you can afford to lose. That's the only rule in the crypto game tbh

 

[Kinetura]

Just gamble whatever you can afford to lose. That's the only rule in the crypto game tbh

Yes, you are right.. but what about the time lost?

 

[Cendla]

very interesting...

 

[LuckyGamble]

Yes, you are right.. but what about the time lost?

That's the rake in crypto

 

[deShark]

First time for everything

Besides, i dont think anyone here is buying expecting LUNA to go back to ATH or to hold it for long.

But just today Lina had a 6000% jump. If you could go back and buy before it happened, and sold at the 6000% gain, wouldnt you?

I probably would but only with a 6 feet pole

 

[deShark]

Token supply is too high
I wouldn't be optimistic about LUNA and UST at this point

Exactly what I think, for luna to rise up to just 10 cents currently it means it has to pass the market cap of bitcoin which I don't see happening. honestly, the only solution for luna to come back from being a dead coin is for kwon and the luna team to burn their 6.5 trillion supply of Luna this will cost them billions to do so and we all know they just won't do that.

 

[Gecko55]

Exactly what I think, for luna to rise up to just 10 cents currently it means it has to pass the market cap of bitcoin which I don't see happening. honestly, the only solution for luna to come back from being a dead coin is for kwon and the luna team to burn their 6.5 trillion supply of Luna this will cost them billions to do so and we all know they just won't do that.

Sadly that won't happen indeed, such a promising project it was.

 

[Richlove]

This token is Rekt. They are talking about forking to a new Luna v2.0
Was fun playing with you all though!

 

[LuckyGamble]

This token is Rekt. They are talking about forking to a new Luna v2.0
Was fun playing with you all though!

well, time to ride the luna2.0 train, then

 

[Moonfrog]

Now its kind of shit coin

 

[noneisnone]

wouldn't burning solve the price issue somewhat ?