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Topic: [ANN] Litecoin - a lite version of Bitcoin. Launched! - page 53. (Read 1467278 times)

sr. member
Activity: 714
Merit: 251
Learning here every day—thanks to everyone sharing

This is very informative analysis it seems it will stay into this zone for long time now other markets are also responding very well and this kind of situation boosting the confidence of the people to invest more and make profit in future.

My personal take is that LTC along with other major coins will enjoy a positive outlook on long term perspective considering that the industry is only at its early stage and there is a very big room for growth for each of them.

Yes, but movement up or down is still dependent upon Bitcoin movement.  When it goes up, almost all goes up and when it goes down so does the majority of altcoins.
full member
Activity: 616
Merit: 100

This is very informative analysis it seems it will stay into this zone for long time now other markets are also responding very well and this kind of situation boosting the confidence of the people to invest more and make profit in future.

My personal take is that LTC along with other major coins will enjoy a positive outlook on long term perspective considering that the industry is only at its early stage and there is a very big room for growth for each of them.
hero member
Activity: 2324
Merit: 513
Catalog Websites
Nobody knows what can happen in any market whether is stock markets, commodity, or altcoin.  One just needs to pick up more with every heavy drop and also need to diversify.
Very good practice, I wonder on how many are actually doing this.
Litecoin still kicking and good while most of the alts are suffering until now.
I feel that it will double the price after the halving.
legendary
Activity: 1918
Merit: 1003

This is very informative analysis it seems it will stay into this zone for long time now other markets are also responding very well and this kind of situation boosting the confidence of the people to invest more and make profit in future.
copper member
Activity: 2898
Merit: 1465
Clueless!
You forgot we're in a winter since last year. Every people making too many predictions that bull run is coming and until now it is not yet happening. Sad

as an aside...in most places in the USA despite your elec rate per kWh....it will go up 1/3 for high demand summer rates.(or at least it is common in Midwest USA)..

thus a 33% pop in price for LTC for most miners will simply be the same $$$ they made in the winter ....kinda sorta.....gonna get ugly if it keeps going

sideways in price with that coming up around May 15th, 2019...in my area anyway.

brad
sr. member
Activity: 972
Merit: 255
Bear season or just the beginning
You forgot we're in a winter since last year. Every people making too many predictions that bull run is coming and until now it is not yet happening. Sad
sr. member
Activity: 714
Merit: 251
Learning here every day—thanks to everyone sharing
We have to see bitcoin hits $10k first before anything else.
And for Litecoin, we knew it that it's following the master's way.
If bitcoin's up, litecoins up too.
$10k is a too distant target for now.
First, bitcoin has to reach the range around $6k, then it might struggle there, corrected for a long time, before can move next to $10k.
Both two targets are distant ones, so far, but bitcoin will break them all.
You are right, it has to go first $6k before anything else.
It's stopping by on $4k and we don't know how it should stay there.


I also agreed with you first of all it need to break the current resistance than we can say now the whole market condition turned into bullish otherwise this is still frustrated for so many people to keep hold and wait to make more big money.
Not yet turned into bullish, still too low for most to assume it to bullish.
And this makes everyone frustrated because the market's not doing good.

I would say that it makes more sense to judge a market as bullish retrospectively. Even if the market jumps by 100% and then drops by 100%, do you call that bullish?
It is bullish somehow.
And can be called as bull trap.
How about you, how do you call that?


Nobody knows what can happen in any market whether is stock markets, commodity, or altcoin.  One just needs to pick up more with every heavy drop and also need to diversify.
hero member
Activity: 2324
Merit: 513
Catalog Websites
We have to see bitcoin hits $10k first before anything else.
And for Litecoin, we knew it that it's following the master's way.
If bitcoin's up, litecoins up too.
$10k is a too distant target for now.
First, bitcoin has to reach the range around $6k, then it might struggle there, corrected for a long time, before can move next to $10k.
Both two targets are distant ones, so far, but bitcoin will break them all.
You are right, it has to go first $6k before anything else.
It's stopping by on $4k and we don't know how it should stay there.


I also agreed with you first of all it need to break the current resistance than we can say now the whole market condition turned into bullish otherwise this is still frustrated for so many people to keep hold and wait to make more big money.
Not yet turned into bullish, still too low for most to assume it to bullish.
And this makes everyone frustrated because the market's not doing good.

I would say that it makes more sense to judge a market as bullish retrospectively. Even if the market jumps by 100% and then drops by 100%, do you call that bullish?
It is bullish somehow.
And can be called as bull trap.
How about you, how do you call that?
hero member
Activity: 1106
Merit: 508
Bisq Market Day - March 20th 2023
We have to see bitcoin hits $10k first before anything else.
And for Litecoin, we knew it that it's following the master's way.
If bitcoin's up, litecoins up too.
$10k is a too distant target for now.
First, bitcoin has to reach the range around $6k, then it might struggle there, corrected for a long time, before can move next to $10k.
Both two targets are distant ones, so far, but bitcoin will break them all.
You are right, it has to go first $6k before anything else.
It's stopping by on $4k and we don't know how it should stay there.


I also agreed with you first of all it need to break the current resistance than we can say now the whole market condition turned into bullish otherwise this is still frustrated for so many people to keep hold and wait to make more big money.
Not yet turned into bullish, still too low for most to assume it to bullish.
And this makes everyone frustrated because the market's not doing good.

I would say that it makes more sense to judge a market as bullish retrospectively. Even if the market jumps by 100% and then drops by 100%, do you call that bullish?
hero member
Activity: 2324
Merit: 513
Catalog Websites
We have to see bitcoin hits $10k first before anything else.
And for Litecoin, we knew it that it's following the master's way.
If bitcoin's up, litecoins up too.
$10k is a too distant target for now.
First, bitcoin has to reach the range around $6k, then it might struggle there, corrected for a long time, before can move next to $10k.
Both two targets are distant ones, so far, but bitcoin will break them all.
You are right, it has to go first $6k before anything else.
It's stopping by on $4k and we don't know how it should stay there.


I also agreed with you first of all it need to break the current resistance than we can say now the whole market condition turned into bullish otherwise this is still frustrated for so many people to keep hold and wait to make more big money.
Not yet turned into bullish, still too low for most to assume it to bullish.
And this makes everyone frustrated because the market's not doing good.
sr. member
Activity: 1149
Merit: 347
If all the projects were to have 20% of the LTC dignity, maybe this market wouldn't be like this. Congratulations to this community and developers. There is no cryptocurrency project as persevering as LTC.
hero member
Activity: 1106
Merit: 508
Bisq Market Day - March 20th 2023
You are right, it has to go first $6k before anything else.
It's stopping by on $4k and we don't know how it should stay there.
On so many medial channels, famous crypto sites, twitter, facebook, or even traditional journals, lots of statements that bitcoin has nearly found its bottom, and has almost finished to set up its strong supports around $4k.
Therefore, the emotions and believes of investors tend to be strengthened a little bit, they felt much better last month.
So, if the bitcoin can maintain its supports and get moving up, investors who cashed out months ago, might come back to re-invest into crypto.
When they decide to reinvest, they will do it not only into bitcoin, but also into altcoins, including our Litecoin.

They are all crypto related and therefore have a strong interest in spreading news like Bitcoin hit the bottom. They all want to see Bitcoin increase.
legendary
Activity: 2044
Merit: 1018
Not your keys, not your coins!
You are right, it has to go first $6k before anything else.
It's stopping by on $4k and we don't know how it should stay there.
On so many medial channels, famous crypto sites, twitter, facebook, or even traditional journals, lots of statements that bitcoin has nearly found its bottom, and has almost finished to set up its strong supports around $4k. Therefore, the emotions and believes of investors tend to be strengthened a little bit, they felt much better last month. So, if the bitcoin can maintain its supports and get moving up, investors who cashed out months ago, might come back to re-invest into crypto. When they decide to reinvest, they will do it not only into bitcoin, but also into altcoins, including our Litecoin.
jr. member
Activity: 504
Merit: 1
tp 15.7 whatever the price.
sr. member
Activity: 714
Merit: 251
Learning here every day—thanks to everyone sharing
We have to see bitcoin hits $10k first before anything else.
And for Litecoin, we knew it that it's following the master's way.
If bitcoin's up, litecoins up too.
$10k is a too distant target for now.
First, bitcoin has to reach the range around $6k, then it might struggle there, corrected for a long time, before can move next to $10k.
Both two targets are distant ones, so far, but bitcoin will break them all.
You are right, it has to go first $6k before anything else.
It's stopping by on $4k and we don't know how it should stay there.


I also agreed with you first of all it need to break the current resistance than we can say now the whole market condition turned into bullish otherwise this is still frustrated for so many people to keep hold and wait to make more big money.

Litecoin is strong.  It is still in top 10 as is always for the last 3 years.  Only Bitcoin and Litecoin have never slipped positions from top 10 in market capitalization in these 3 years.  I think others may come and go but these two will never go below top 10
sr. member
Activity: 1008
Merit: 253
We have to see bitcoin hits $10k first before anything else.
And for Litecoin, we knew it that it's following the master's way.
If bitcoin's up, litecoins up too.
$10k is a too distant target for now.
First, bitcoin has to reach the range around $6k, then it might struggle there, corrected for a long time, before can move next to $10k.
Both two targets are distant ones, so far, but bitcoin will break them all.
You are right, it has to go first $6k before anything else.
It's stopping by on $4k and we don't know how it should stay there.


I also agreed with you first of all it need to break the current resistance than we can say now the whole market condition turned into bullish otherwise this is still frustrated for so many people to keep hold and wait to make more big money.
hero member
Activity: 2324
Merit: 513
Catalog Websites
We have to see bitcoin hits $10k first before anything else.
And for Litecoin, we knew it that it's following the master's way.
If bitcoin's up, litecoins up too.
$10k is a too distant target for now.
First, bitcoin has to reach the range around $6k, then it might struggle there, corrected for a long time, before can move next to $10k.
Both two targets are distant ones, so far, but bitcoin will break them all.
You are right, it has to go first $6k before anything else.
It's stopping by on $4k and we don't know how it should stay there.
legendary
Activity: 2044
Merit: 1018
Not your keys, not your coins!
If history repeat, bitcoin might hit $400.000, so how about Litecoin?
Let's take a ratio between all time highs of Litecoin and bitcoin.
The ratio ~ 370/19800 ~0.0186
So, if bitcoin hit $400.000, litecoin might hit 0.0186*$400.000 ~ $7474.
It is unbelievable Litecoin Future.  Roll Eyes
full member
Activity: 616
Merit: 100
Anything can possibly happen in this highly volatile cryptoverse and though it sounds too good to be true, its not impossible either. Yet I still would be happy on Litecoin sitting even at least $200 - $250 price range in the next few months. Smiley
If Litecoin can hit $200 - $250, it means you will double or tripple your balance with Litecoin.
It sounds very easy in such slowly recovering market.
I don't think it will happen too soon like you expected.
in the end of 2019 its possible i recently check the news and prediction of professionals of crypto from the all over the internet and found every where green signal about crypto future. check this price analysis also
https://cointelegraph.com/news/bitcoin-ethereum-ripple-litecoin-eos-bitcoin-cash-binance-coin-stellar-tron-cardano-price-analysis-march-22

If history repeats itself, then its possible it can hit $200 -$250 range or maybe event greater than that as we saw its charts climbed from $50 plus in November 2017 to $300 plus in January 2018 - https://coinmarketcap.com/currencies/litecoin/ . So technically its still possible given a strong bullish trend is about to occur. Smiley
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