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LUNA/BUSD: Let's Buy an Exclusive Monthly Lottery Subscription We are going to post a controversial idea. We know many have expressed their attitude toward the worthlessness of Terra(LUNA) after its collapse. We will not get into coin’s fundamental reasoning because there are just too many factors to argue for each side. We just want to point to a few simple, logical, and forward-looking reasons on why we are going to purchase this coin. 1.We are planning to buy this coin and forget. This is a passive investment, with an indefinite holding period. We believe that at this price level (A small fraction of a cent), for a coin that used to be above $100, we are willing to “gamble” using a small portion of our fund (1 ~ 2%) for a long-term investment. We do believe that purchase this coin should have more probability of winning than buying a lottery ticket. Consider this investment similar with a scenario where you have purchased a “continuous monthly lottery subcription with only one initial payment”, which gives a great risk-to-reward ratio. 2.Although many have said that the coin will be suspended from trading, a suspended trading does not mean you will lose the coins you have purchased. You can still transfer your coins back to your electronic wallet and keep them permanently. If the price jumps up and volume returns, exchanges will definitely resume their trading operation for this coin. 3.Many worries that Terra(LUNA) could go below 0. However, this is not true. Cryptocurrency cannot go below zero, meaning you will not lose more than your original investment (Of course, given the fact that you are not using a leverage). Although we have seen the unthinkable event where the price of crude oil fell below zero back in April 2020 during the pandemic, this is due to the fact that oil contracts are directly linked to physical asset, and fire-sale of oil contracts near the expiry dates are caused by traders, which are us the speculators, who did not have access to the storage. However, as for coins, we have coin wallets, thus never have to worry for a storage place. Therefore, there is no possibility for the coin to drop below 0, as many are worrying. With that being said, last week, Terra has made a new low at the 0.00003 level. Price has retraced back to the 0.0006 level and recently, it has broken its short-term ascending trend line, aiming to retest the new low of 0.00003 level. From the 0.00003 ~ 0.00005 level, we will purchase this coin with a 1~2 % risk and then forget. Let's hope for a great dream. Check out our recent cryptocurrency trading ideas below :)
LLong
by NicoBeau_Capital
11
LUNA BREAKOUT! ROUND 2??? We can only hope so!LUNA has been in a steady declining channel since yesterdays impressive gains. We can see here that LUNA has been on a cool down since yesterdays dash up. If you will look inside the channel you will see that nowhere until now has it made any significant break to go back up. Until now.. if it holds till the top of this channel and goes over the drawn purple descending line we should be on to round two and our end goal of One dollar. Do I think one dollar is possible? It is possible (if large burns happen of coins in circulation) is it probable ? No.. My Target is 0.01 cent . Which is still massive gains. Lets hope we break out of this descending channel now ! Everyone who is saying that this project is dead probably just lost a **** ton of money, didnt buy back in , and is hating everyone from profiting from the crash. Do not be talked out of this epic opportunity! And everyone who lost everything I am EXTREMELY sorry and my empathy goes out to you , but hopefully you can throw in what ever you have or have left and ride this wave back up and recuperate most if not all of your losses. It's never over, there is always another opportunity just around the bend and I think that this could be ours ! Cheers to financial Freedom! lets Pump this shit to a penny and then some!! ALL BUYS NO SELLS ! Lets get rich!
Long
by DreamBIG90
28
Luna triggers h&s pattern after ust depegs from the dollar. We can see it overshot its breakdown target due to the immense fear, uncertainty, and doubt created after UST de pegged from the dollar twice over the weekend. Now that it has reached its breakdown target its uncertain of whether or not it wills top dumping but we can see in the process it has created a lower low which is not a good thing for maintaining its overall uptrend. However Bitcoin has yet to form a lower low until it dips below 28650 or so. If bitcoin ultimately forms a higher low before it’s next uptrend there is a chance it can pull luna up with it. For now Luna looks very ugly, so I can’t in good conscious even entertain buying the dip at the moment.
by DrDovetail
Thoughts about the LUNA and 1 cent. The situation with LUNA reminds me the situation with Shiba. People do not pay attention to the market capitalization of the coin, etc., they just think that 1 cent is real and that’s all. This is a kind of psychological factor. Buying a coin for a $100 or several thousands coins for $100. .. Luna currently has a market capitalization of 2 billions. If we assume that the capitalization will grow 10 times and the founders will burn half of the coins, then the goal of x100 is very real even from this point. The only thing we don't know is what the founders have in mind, so it means that coin depreciation is also real, it’s just might become zero. Who wants just take this risks. And one more thing that I see, the crypto community missed about such memes, the Luna communities in social networks are growing fast and it’s very large rn, and this is another very strong bullish factor.
Long
by TheWolfOfFewStreets
4
Doge coin to the moon or maybe notDOGE attempted a rebound on the 4-hour chart but was unable to maintain the bounce. A bearish candle with a long wick as seen on the lower time frame, indicates that sellers are still in charge of the trend. If the price falls further, it will finally breach $0.07 lows. Buyers must push the price above to $0.1100 before there is any possibility of a recovery. The bulls may attempt to pierce the $0.1150 level and creep up to the moving average (MA 50) at $0.1200 round level in new attempt at recover. Overall the DOGE/USD short-term outlook remains negative.
by techbudsolution