weeeee
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Alright guys, serious pressure. Jesus Christ, I've lost like 30% of my portfolio and almost broke even, now i'm down -20% within the last 72 hours. This is an emotional rollercoaster. Serious question: to those who have bought at the prime time when it was in the 80's, are you guys still holding? FLO(litecoin code) is good under 2OOO #LTC*FLOhttps://poloniex.com/exchange#btc_flo #LITECOIN CODE IS BIG!!
Alright guys, serious pressure. Jesus Christ, I've lost like 30% of my portfolio and almost broke even, now i'm down -20% within the last 72 hours.
This is an emotional rollercoaster. Serious question: to those who have bought at the prime time when it was in the 80's, are you guys still holding?
I would recommend reading CoinTelegraph for their LTC/USD predictions. Right now they don't see much of a buy zone as the market is really volatile right now. In summary, they're basically saying look for some stability before investing - that's pretty much where I'm at right now.
I personally think this volatility will continue toward the end of the month, since Chinese exchanges will close at the end of the month. If I was a typical rational Chinese citizen faced with withdrawing my life savings in Litecoin or facing the prospect of never being able to cash out again - I'd likely pick the first option - but who knows. Take my words with a large grain of salt, I'm not trying to spread FUD.
Buyers should have more leverage correct? We should not buy unless it’s much lower because we hold the leverage. There are a ton of LTC owners that have to dump their LTC in about 45 days. Their best price was probably the first price when they found out. Now we’re seeing some of them holding out for better sell prices. Their sell orders are higher. The closer it gets to the dead line, the worse their price will be.
So it’s them who should panic, not us. We can hodl and wait for low prices right? What am I missing? They’re the ones sweating panicking. They’re watching as their profits crumble. We’re long term and just see the future gain. We shouldn’t even break a sweat right?
Is there a link somewhere to download the Litecoin Core blockchain? I want to check something but downloading the entire blockchain takes forever the first time.
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Still hope litecoin can get up to 0.02 against bitcoin, hope for next years!
bought some litecoin during dump
its dumps more.. bought few more more dump..  now waiting for it to go UP
Super Duper Double Looper: So people compare crypto to a roller coaster... I felt like this last ride was more like that RC car track that had the loop with the break at the top so you had to jump it at the right speed to hit the other side of the track. Most people went to fast and went over (cashed out too early)... others didn't have enough speed (sold at the bottom) and then some traders who timed it right nailed it and made out like bandits. And the HODLers are the ones who have the Hot Wheels with out a track and are still inside the box in mint condition (cool to look at, but no fun).
Probably not a good idea to buy and sell on the waves right now as much as I want to.
Better to just Hodl and rise up with the tide bit is causing. I don't where it's at when the chikun wakes. I'm selling then buying back in after they sell and they will sell. Jump to:
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