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$LUNAUSDTWhat is Terra? Terra is a decentralized financial payment network that rebuilds the traditional payment stack on the blockchain. It utilizes a basket of fiat-pegged stablecoins, algorithmically stabilized by its reserve currency Luna, to facilitate programmable payments and open financial infrastructure development. As of December 2020, the network has transacted an estimated $299 billion for over 2 million users. What is Luna? Luna is the reserve currency of the Terra platform. It has three core functions: i) mine Terra transactions through staking, ii) ensure the price stability of Terra stablecoins and iii) provide incentives for the platform’s blockchain validators. The Terra protocol runs on a Proof of Stake (PoS) blockchain, whereby miners must stake their Luna in order to mine transactions. All else being equal, a validator who has staked more Luna has a higher chance of generating the next Terra block compared to another validator who has staked less. In essence, Luna represents a validator’s mining power. However, in providing network security and validation, Luna holders and stakers are exposed to the price risks associated with the asset. This is because the Terra protocol readily exchanges Terra stablecoins for Luna at their determined exchange rate to maintain the peg. When demand is high and prices are above the peg, it will sell stablecoins for Luna. When demand is low and prices are below the peg, it does the opposite. In this way, validators absorb the short-term volatility of the network. To compensate for this, validators are given rewards in the form of: i) staking rewards, ii) gas fees, iii) taxes, and iv) seigniorage rewards. Staking rewards are determined by the size of a validator’s stake and are structured to incentivize transaction volume increases. Gas fees and taxes are similar in that a small fee is imposed on all Terra transactions, distributed to validators on a pro-rata basis. Finally, seigniorage rewards are given to validators who participate in the Luna exchange rate oracle process. These rewards seek to create mining demand that is stable and evergreen throughout all economic conditions. If rewards are increasing, the protocol decreases network fees and seigniorage rewards, and vice versa. More information on Luna and its rewards can be found in Terra’s Docs website, as well as in its whitepaper. Alternatively, you can watch our video to learn about the Luna ecosystem.
Long
by BADQOMOCAWGOWLD
3
Stay sharp in these volatile times!These are crazy times. In 2020 I started to seriously dedicate myself to becoming a profitable trader. the past few months have been very volatile. and for me as a beginner it is also very difficult to earn even a little constant results. and maybe you recognize yourself in my situation, But I have learned a lot from all this chaos ;) , and therefore I have written down a few of my own experiences that hopefully will help you to get a little more consistent results. as I say, I am no expert and this is therefore certainly not financial advice. but especially in these times I think it is nice to help each other a little and learn from each other's mistakes. 1. It's okay to not have open positions from time to time. Occasionally it can be frustrating, if you take a loss, but that's okay, hopefully you learned something from it. I now consider the current (short-term) trend to be neutral/Bearish. and I am now reading Technical Analysis of the financial markets and in that book there was a sentence that I did find reassuring: "It is during these periods of sideways market movement that technical traders experience their greatest frustration, and systems traders their greatest equity losses". Take these times to prepare yourself for a more predictable market phase. 2. Trying to predict a bottom can be dangerous. Try to wait for confirmation, or a known pattern. Take LUNA/USD as an example, luckily I didn’t had any money in this coin. But you don't want to get stuck in a long position, don't forget to set a stop loss either, and the last point actually ties into point 2 3. A well-known rule is that you should not add to a losing position. I thought I had remembered this but I did catch myself doing it at the beginning, especially in times like this it can be disastrous, usually it doesn't end well. I wish everyone the best coming times, hopefully most will achieve their goals. Keep thinking rationally and try to keep your emotions under control. I wish you all the best. Let me hear from you in the comments, I am very curious about your experience in this market. Perhaps you have a suggestion for me, I would be very happy with that. AMEX:SPY
AMEX:SPY
by StijndeVries
2
LUNA: A Calculated Risk Worth TakingWhat's up everybody... This is Livingstone Before you read this post, please note; this is only my opinion and in no way an investment advice. Do Your Own Research before you make a decision. Let's dive in Virtually everyone in the market have heard the news of LUNA catastrophic meltdown. It's no longer news the worst that happens to one of crypto darling gem. And at this stage I feel no further fall of the LUNA coin will be suprising to any one of us. This is why I'm of the opinion,  LUNA will only grow from here. The worst has already happen. Is there any fall worst than this? I can understand the pain of traders who have lost their hard earned money on LUNA...  I did not. So i feel I'm in a better position to speak objectively on this because I didn't hold LUNA before the crash... Will LUNA Grow Again? I think so... There is a strong possibility the growth will come but not so fast. For now it is trading under the radar and many won't care to notice due to the unprecedented fall .... Here are a few indicators that makes me think Luna will have the chance to grow again... First, Luna has a great team with good network and they are backed by top VCs. Last year they recieved a $150 million venture fund.  Secondly, I'm impressed by the massive level of support LUNA has received from key players and crypto exchanges even after it failure. The crypto community support it has received in the last 72 hrs is a healing. I tend to see the attack on Luna as an attack to the whole crypto ecosystem.  It means no coin is safe. This is a worrying sign considering that the massive sump was caused by some hedge fund whales. The crypto ecosystem system have to protect their own. Thridly, no top exchanges at least for now is planning on delisting LUNA even Binance made a u turn to relist it. Fourth, The recovery of Luna is already in progress but many might not have noticed it because some are still suffering from the devastating shock. Honsetly i dont think they are going nowhere.. I like how the Luna team are accepting the responsibilty of their failure.... this is a big chanllenge for them. LUNA is like a billion dollar money making machine backed by VC funds that got faulty. I'm not expecting the owners to throw way such a machine.... if they do , no other type of machine they bring to the market will attract the confidence of investors. They have to repair it and make it work again. I think it will be repaired. Are the Luna team ready for this challenge? I think so. So if you want take this risk, I will suggest it should be an amount that if lost won't worry you. Remember this are only my opinion and not a financial advice. Trade Responsibly... If you find this post useful kindly click the like button and follow me.
LLong
by LivingstoneCC
3
Luna: is there still a chance?First of all, I was saddened by what happened: a lot of people lost money and the savings of a lifetime. So it is important that 'never put all the eggs in the same basket'. This is a super complex area, and that involves above all, fear, greed, anger, complacency, ignorance... That's why I leave my condolence here to my colleagues who lost everything. I hope it all comes back. I have particularly used the Blockchain of Terra Luna once in the past. I also heard the opinion of several people, saying that blockchain is not scam. She was simply the victim of a vulnerability, which was exploited at the worst possible time. It would be like an earthquake, tsunami, hurricane and atomic bomb all at the same time. Perhaps the only good news in this chaos is that perhaps the mistake will not be repeated anymore. Our greatest learning is with our mistakes, not with our successes. Speaking of graphical analysis, the game only ends when it's over. There's no way the price is negative. Zero's already been hit. At least we can still speculate. If there is still buyer demand, no one else to sell, and inflation snares, theoretically the bleeding will end, and we will have a bullish reversal. Here on the 15-minute chart, we can see absurd volatility. A 7000% change from the fund to the current price. In a matter of hours, a volatility of 100%, 200%, 300% or more. Using a proper risk control and exposing yourself little, there may be a window of opportunity. Risk asymmetry can be reversed: the maximum loss can be 100%, reaching zero, but the maximum profit can be infinite.
LLong
by andre_007
1
LUNA: Dollar Cost AverageI've seen quite a few people going all in as the price was going down, but the truth is, LUNA may not be finished falling. We don't know where the bottom will be. If you are going to risk this EXTREMELY volatile trade, dollar cost average at the previous floor price zone. As price goes down, you can increase your amount incrementally. Also, pay close attention to the UST/USD chart. when the UST value starts to tank, LUNA will continue falling.
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by LA_Designer
36
LUNA/USD Daily TA Cautiously BearishLUNA/USD Daily cautiously bearish. * WARNING: If LFG is unable to reestablish the LUNA:UST peg, they may be forced to close down operations -- this would lead to an inevitable delisting of LUNA on all exchanges. * *LUNA is quickly making its way to as close to 0 as possible as it continues to be minted in attempt to salvage the UST peg*. Due to LUNA having fractions of a cent to move further down, I am sticking with my recommended ratio of: 5% LUNA, 95% cash ; however, for the bold believers (lunatics), this is perhaps a once in a lifetime opportunity to scoop up some LUNA (very low risk/very high reward - $50 USD would get you about 20k LUNA right now, and if LUNA were to return to even 1% of its ATH that $50 would be worth about $25,000). Given the circumstances, Volume hit a new ATH today and is now on track to favor sellers for 8 consecutive sessions. Parabolic SAR flips bullish at $64.14, this margin is very bullish. RSI is currently trending sideways along the ATL at 14.44 for the second consecutive session. Stochastic remains bearish and is currently trending sideways along max bottom in the bearish autobahn for a third consecutive session. MACD remains bearish and is currently forming a new ATL at -19.47 with no signs of trough formation. ADX is currently trending up at 32 as Price continues to fall closer to 0, this is bearish. If Price is able to find some kind of support here near 0, then it will likely bounce to test the previous ATL at $0.10 as resistance before potentially testing $4.67 resistance (this is almost entirely dependent on UST reestablishing the 1:$1 peg with LUNA). However, if the peg is unable to be reestablished I imagine that LFG will be forced to close operations (Do Kwon has alluded to this in the past) and LUNA will become defunct. Mental Stop Loss: (two consecutive closes above) $4.67. **Traders entering this position should be prepared to lose their entire investment**
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by dailytaguy
100$☑️ LUNA BUY ZONES - WAVE 5 TARGETSIn our last Luna analysis we predicted the rise up to $100 as our target using the first wave extension theory as the foundation of our ide as seen below Today we will be talking about our buy zones inorder to be ready to ride the 5th wave. As you can see from our fib retracement tool, We are currently trading above the 0.236 region drawn from the end of wave 2 to end of wave 3, however trading below support. Next area of interest will be the next available support @$38 region, touted as our last line of defense for continuation in the case of volatility in our original analysis. 0.382 Region is now our last line of defense, I personally don't see it going below the 0.382 region as it aligns with the bottom of our rising wedge pattern which looks scary btw. You can try your luck with orders at the 0.5 region but i don't see that happening. Take profit zone is at the $150-157 region, with our main target withing the Red Zone to complete wave 5. If you agree, pls leave a like and share your thoughts in the comments. Make sure to manage your risks.
Long
by RektMyMom
LUNA, Whats your thoughts?I'm confident on this (Might time to get back up or it might bang, depends on who's behind it and their intentions) Lets see how it plays but this for me especially with the higher timeframe crab there completed, liquidity swiped/along with the inefficient price action/ the recession and all the fear in the market at the moment seems a perfect time for a manipulated reset.. I'm in all the way here! Lets goo! Potential Reward Far-out weighs the risk for me!
Long
by benalistarfx
15
LUNA/USD Daily Cautiously BearishLUNA/USD Daily cautiously bearish. The entire Terra ecosystem is suffering as LUNA is being minted and UST burnt at a faster rate to reestablish peg -- the timing of this is to be determined. Due to the risk of LUNA potentially falling to its ATL of $0.10, today's recommended ratio is: 5% LUNA, 95% cash. **However, because Price has fallen 99% without break in just 5 days, traders should be vigilant for a significant retracement bounce of some kind**. Price is currently trending down at ~$1 as it approaches a test of the ATL at $0.10; this is an unprecedent drop and has invalidated every single support on the way down. Volume is currently the highest it has ever been (justifiably) and is on track to favor sellers for seven consecutive sessions now. Parabolic SAR flips bullish at $75, this margin is bullish. RSI is currently slightly trending down and printing a new ATL at 14.44. Stochastic remains bearish and is flatlining as it coasts in the bearish autobahn zone at max bottom. MACD remains bearish and is currently trending down to print a new ATL at -16.40. ADX is currently trending up at 29 as Price has nearly retraced its entire Price history this week, this is bearish. If Price is able to find a bottom in today's session, the bounce will likely have it test $4.67 resistance and potentially $13.22 (with the potential to go even higher considering the severity of the downturn). However, if Price continues to fall here, it may fall to $0.10 to retest the ATL. Mental Stop Loss: (two consecutive closes above) $17.55.
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by dailytaguy