Cycle Trading

[No-Quarter]

LUNA as I understand today, and call to action (see bold text below) -

LUNA 'forked' this weekend. 'Fork' means a fork in the road, and the LUNA I bought is now ticker LUNC, and being called Terra Classic. The other side of the fork is a new coin called LUNA, also called Terra. This new coin takes all the identification of the old LUNA coin, which is somewhat confusing to follow.

After reading as much as I could find on the internet today, as I now understand it, LUNC will largely become abandoned as people move from the old 'classic; coin to the new coin.

Sometime this weekend, Kucoin converted all the LUNA I bought ~2 weeks ago into LUNC, and also created a similar amount of dollars worth of the new coin LUNA as an 'air drop' into my account. It just appeared out of thin air. This is essentially 2x the value of my LUNA position in my account today.

Seeing the new LUNA coin take off today as it begins to trade, just now I sold all the LUNC in my account and converted it all into LUNA. Essentially I migrated to the new coin. Roughly speaking, the $100 lottery ticket I bought ~2 weeks ago is now worth ~$330 and growing as the new coin is already up ~35% today, plus the air drop.

This could all crash and burn, or keep going up. We shall see. GLTY

https://www.cnbc.com/2022/05/30/terra-2point0-new-luna-cryptocurrency-is-already-crashing.html

https://www.coindesk.com/tech/2022/05/25/terra-snapshot-expected-this-week-heres-how-new-luna-will-be-distributed/

https://www.tradingview.com/chart/VhFG6543/