LUNC’s stagnant market actually moved today?



Speaking of which, I’m also a victim of this thing. Who could have imagined that a top-ten project back then could collapse so smoothly?

At first, I shorted from $89 down to $38 and made a profit, then I went long—looking back now, I must have lost my mind at that point.

When it dropped below $10, I thought it had bottomed out, so I went all in with a heavy position, only to get liquidated all the way down. It felt like dancing on the edge of a blade.

I remember there was a big whale on a certain platform who was even crazier—he started buying in at over $3, kept averaging down all the way to $0.5, still refusing to give up, and his position was huge. His unrealized loss was in the tens of millions of dollars. I wonder how he’s doing now.

These coins are my own history of blood and tears, constantly redefining my perception of the market’s bottom. So-called “faith,” in the face of a crash, isn’t even worth a joke.
LUNC-4.09%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 11
  • Repost
  • Share
Comment
0/400
BearMarketBrovip
· 21h ago
I also made money on that drop from 89 to 38, but then got greedy and went long the other way, now I'm still eating dirt, haha. Dancing on the edge of a knife is the perfect metaphor—I'm that idiot with bloody feet. I've heard about that bag holder guy too, still holding on with tens of millions in unrealized losses, that's really hardcore. A dead market just needs a little movement to lure us in, it's brutal. Belief means nothing in the face of liquidation—now the only thing I believe in is stop-loss.
View OriginalReply0
OfflineValidatorvip
· 12-07 07:33
Shorting from 89 down to 38 was definitely satisfying, but unfortunately my mind didn't keep up when I switched to long positions—that's just our fate. Then there's the big shot who stubbornly held on from 3 all the way down to 0.5—what kind of mental strength does that take... or maybe it's just a really strong ability to deceive oneself. So what if LUNC moved? I gave up hope a long time ago. This thing is just here to teach me a lesson. The metaphor of dancing on a knife's edge is perfect. Now, looking at coins feels like watching a horror story—there's a strange kind of attraction. Remember how many people once shouted about faith? Now, it's all become a huge joke.
View OriginalReply0
ContractFreelancervip
· 12-06 14:30
Haha, I just remembered those days when I got wrecked by LUNC. It was truly a nightmare. I didn’t catch the bottom during the drop from 89 to 38 either. Instead, I just watched it fall, and my mindset has been broken ever since. This coin is just ridiculous—you never know where the bottom is. Anyway, faith is always strongest before the crash, and weakest after. That big player kept buying from 3 all the way down to 0.5 and still refused to give up. That’s not faith, that’s obsession. Thinking about it now, I feel bad for him.
View OriginalReply0
LuckyStarShines5vip
· 12-06 05:06
Back then, if I had just spent 500 bucks, it could have turned into tens of millions. I still regret not spending that 500 even now.
View OriginalReply0
ProofOfNothingvip
· 12-06 04:51
Sigh, I just remembered those dark, hellish days again—what a nightmare. I totally get the "walking on razor blades" part, I almost went bankrupt because of it. That whale probably changed accounts by now. Still holding on at $0.5... that's some insane mental fortitude. Belief? What a joke. Going broke is the best wake-up call. I did make money from 89 to 38, but then that long position wiped me out, almost lost everything. Whenever the dead market moves a bit, I start dreaming again. Those of us who've been burned really need to learn our lesson. I don't dare touch this stuff anymore, just looking at it makes me uncomfortable.
View OriginalReply0
SigmaBrainvip
· 12-06 04:51
Shorted from $89 to $38 and made a profit, but then went long and lost so much I could cry—that’s my LUNC story. Dancing on the knife’s edge is real. Looking back, I feel like such a fool. That guy held from $3 all the way down to $0.5 and still didn’t get liquidated, it’s insane. How can someone stay so calm with unrealized losses in the millions? I could never do that. Belief? It means nothing when the market crashes, just a lesson learned the hard way. What’s up with LUNC now, trying to lure me into going all-in again? Not a chance.
View OriginalReply0
TopBuyerBottomSellervip
· 12-06 04:51
Riding the short from 89 down to 38 was so satisfying. Going long right after is just suicidal, seriously, what was I thinking? That “walking on a knife’s edge” metaphor is spot on—that’s exactly how it feels. Every time you think it’s bottomed out, it keeps plunging lower. And that big player stubbornly holding from $3 all the way down to $0.5, taking tens of millions in unrealized losses and still toughing it out—that’s the real role model for bagholders. Belief? It’s thinner than paper. Once it drops by half, it’s unrecognizable. So what if LUNC moved today? It’ll be dead water again next week. That’s just fate.
View OriginalReply0
rug_connoisseurvip
· 12-06 04:41
Are you all sleepwalking? LUNC isn't moving at all, this is just a dead cat bounce. I teared up watching that part where he was dancing on the knife's edge, we're both equally out of our minds. That big shot has probably changed industries by now, losing tens of millions and still being alive is already impressive.
View OriginalReply0
Degen4Breakfastvip
· 12-06 04:36
This dead market can really wear people out. Back then, I got rekt pretty badly too. The metaphor “dancing on the blade’s edge” is spot on—way too real. That guy who held on from 3 down to 0.5 and is still stubbornly holding, that takes some serious mental strength. But usually, betting on faith like this just ends up with a total loss. Now, I have to be super cautious about any little movement in LUNC. This coin has become a psychological shadow for me. Seeing a top ten project crash this smoothly is honestly the slickest I’ve ever seen. Just thinking about it is damn ironic. There’s some movement again this time, but I’m actually a bit scared now, worried I’ll fall into the same pit again. Faith? Reality beat it out of me until there’s not even a scrap left.
View OriginalReply0
GhostWalletSleuthvip
· 12-06 04:35
Shorting from 89 down to 38 was indeed smart, but unfortunately going long right after turned you into a bagholder, haha. That big player held on from 3 all the way down to 0.5—imagine the psychological pressure... Sitting on millions in unrealized losses without selling, is that faith or just a gambler’s mentality? LUNC is my nightmare. Every time it pumps, I remember the carnage from before. Thought it hit bottom after breaking below 10, haha. I guess that’s just our fate. Even the slightest movement in this dead market sparks hours of discussion—shows how desperate we are. Faith shattered the moment the crash happened; no story sounds good enough after that. Everyone catching the falling knife is a warrior, and those losing money are warriors among warriors.
View OriginalReply0
View More
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)