Topic: Bitcoin vs Litecoin : I sold LTC for BTC . May I wrong ? - page 2. (Read 4780 times)
A fun pump but it's certainly not going to do LTC's reputation many favours in the long run. We all know that crypto markets are largely the playthings of a select few but such a brazen demonstration ain't too reassuring for new blood.
$ 3.85 and down 
Bump and Dump are the fascinating characteristics of Cryptocurrency , i know my friend before 3 days he sold 0.022 ltc/btc but eventually after his selling the price hiked and he was shocked !
no matter , he was one of the early buyer of LTC which made that loss not significant , all you know is to utilize your conscience when buying and selling crypto as anything can happen any moment !
no matter , he was one of the early buyer of LTC which made that loss not significant , all you know is to utilize your conscience when buying and selling crypto as anything can happen any moment !
not only that some times you need to be a part of the whales that is manipulating in that moment, or you will lose for sure, no experienced trader can compete against an heavy manipulated market
only the loss awaits you in that case
For a amateur loss/win are just as two faces of the same coin but for professional loss can be fatal.
For a very long period of time the trading range of litecoin was around 2.00-3.00 bucks
After seeing it rally up to its current range I can understand why you wanted to sell your position, I guess the answer is to see how long it keeps up this strength.
After seeing it rally up to its current range I can understand why you wanted to sell your position, I guess the answer is to see how long it keeps up this strength.
Actually LTC was stuck in the sub 2 dollar range for ages. Anything above 2 dollars would have been nice gains if you bought a lot during that period. Right now it has gone from 5.3 to 5.1. It seems it's holding nicely above 5 dollars. Im not sure what to do. I own no LTC but im considering gambling some cause it may go 2 digits for all I know.
I like how its only been a few days but I can say we now know it went up to $8.50 and is trading at $4.80 or the price just a few days ago, but after this type of pumping I think in the end it will settle at a range of 2-3 as the movement likely did have some impact on the price foundation.
The worst thing to holders and miners is that price goes to < $1 again.By the way.
True enough as it means that there were no gains to be held for those that had litecoin valued at that price
For those people it doesn't matter if they sold a few coins they already made multiples of return
The issue is for those that bought on the rise and are treading (Of course seeing how quick a crash this was just a handful of people felt that one)
Bump and Dump are the fascinating characteristics of Cryptocurrency , i know my friend before 3 days he sold 0.022 ltc/btc but eventually after his selling the price hiked and he was shocked !
no matter , he was one of the early buyer of LTC which made that loss not significant , all you know is to utilize your conscience when buying and selling crypto as anything can happen any moment !
no matter , he was one of the early buyer of LTC which made that loss not significant , all you know is to utilize your conscience when buying and selling crypto as anything can happen any moment !
not only that some times you need to be a part of the whales that is manipulating in that moment, or you will lose for sure, no experienced trader can compete against an heavy manipulated market
only the loss awaits you in that case
I sold all mine @ $8.20 each! 
I made a very nice profit...crypto loves me!
Can't wait for it to hit $1.00 again.
I made a very nice profit...crypto loves me!
Can't wait for it to hit $1.00 again.
Good call that was near the peak of 8.50
Didn't join on the buy side but was shorting down and then went to bed once I started to see that drop
Bump and Dump are the fascinating characteristics of Cryptocurrency , i know my friend before 3 days he sold 0.022 ltc/btc but eventually after his selling the price hiked and he was shocked !
no matter , he was one of the early buyer of LTC which made that loss not significant , all you know is to utilize your conscience when buying and selling crypto as anything can happen any moment !
no matter , he was one of the early buyer of LTC which made that loss not significant , all you know is to utilize your conscience when buying and selling crypto as anything can happen any moment !
I sold all mine @ $8.20 each!
I made a very nice profit...crypto loves me!
Can't wait for it to hit $1.00 again.
I made a very nice profit...crypto loves me!
Can't wait for it to hit $1.00 again.
Haha, smart move. Proud of you. How many did you have? If they reached around that amount, that is more than 9 times your investment in it, which makes it a pretty decent sweet deal. You sold it at the right time and bought it at the right time, man. Most of people played it wrong and lost money lol. Its just a pump and dump coin, sure it will hit 1$ again but will it rise again too? Only invest the money you won't mind losing next time.
I sold all mine @ $8.20 each!
I made a very nice profit...crypto loves me!
Can't wait for it to hit $1.00 again.
I made a very nice profit...crypto loves me!
Can't wait for it to hit $1.00 again.
For a very long period of time the trading range of litecoin was around 2.00-3.00 bucks
After seeing it rally up to its current range I can understand why you wanted to sell your position, I guess the answer is to see how long it keeps up this strength.
After seeing it rally up to its current range I can understand why you wanted to sell your position, I guess the answer is to see how long it keeps up this strength.
Actually LTC was stuck in the sub 2 dollar range for ages. Anything above 2 dollars would have been nice gains if you bought a lot during that period. Right now it has gone from 5.3 to 5.1. It seems it's holding nicely above 5 dollars. Im not sure what to do. I own no LTC but im considering gambling some cause it may go 2 digits for all I know.
I like how its only been a few days but I can say we now know it went up to $8.50 and is trading at $4.80 or the price just a few days ago, but after this type of pumping I think in the end it will settle at a range of 2-3 as the movement likely did have some impact on the price foundation.
The worst thing to holders and miners is that price goes to < $1 again.By the way.
For a very long period of time the trading range of litecoin was around 2.00-3.00 bucks
After seeing it rally up to its current range I can understand why you wanted to sell your position, I guess the answer is to see how long it keeps up this strength.
After seeing it rally up to its current range I can understand why you wanted to sell your position, I guess the answer is to see how long it keeps up this strength.
Actually LTC was stuck in the sub 2 dollar range for ages. Anything above 2 dollars would have been nice gains if you bought a lot during that period. Right now it has gone from 5.3 to 5.1. It seems it's holding nicely above 5 dollars. Im not sure what to do. I own no LTC but im considering gambling some cause it may go 2 digits for all I know.
I like how its only been a few days but I can say we now know it went up to $8.50 and is trading at $4.80 or the price just a few days ago, but after this type of pumping I think in the end it will settle at a range of 2-3 as the movement likely did have some impact on the price foundation.
$ 4.43 --> LTC Just now, So is crypto. If trend continue many peoples will be with panic.
I bought 0.1 LTC @ $4.40 when the price was $44. 
I won't sell my piece of LTC until it becomes a valuable relic!
why did you purchase LTC @44$ each.I won't sell my piece of LTC until it becomes a valuable relic!
It was hell of a price.
You must have waited for some time for dump period.
BTW have you brought some coins after that to cut your losses???
Because Litecoin had reached unprecedented levels. Everyone was screaming Litecoin was going to $100 in the trollbox and in the forums!
I saw it falling and didn't want to believe it was over.
Of course I bought more @ $1.75 each...
That is how you learn a lesson.. Spending hardly anything for hardly something, you learn to buy near the low of a coin
How great is that! 
yeah i love the emotional roller-coaster of crypto
sold my last ltc stack 2 days ago at 0.022 ltc/btc got pretty sad yesterday at 0.033
now i'm fine, guess op is in the same situation
50 % rise / 50% fall in 2 days that is a very nice pump and dump gentlemen
sold my last ltc stack 2 days ago at 0.022 ltc/btc got pretty sad yesterday at 0.033
now i'm fine, guess op is in the same situation
50 % rise / 50% fall in 2 days that is a very nice pump and dump gentlemen
Mannn.. I sold over 15000 LTC at 1$ when it flew from the low $0.40 range.
Dont cry over spilled milk.
Dont cry over spilled milk.
Wow ! And I sold 800 BTC for only 8000 Perfect Money in 2012 for depositing my Liteforex account.
The lesson here is buy and hold for as long as possible. I held 5000 and 7000 LTC at a couple points in time before it went to $50, so sick i could have had over $250k.
Also if anything, this teach us to hold, but also to consider when the price is bubbled and to sell. The problem is.. you never know when the bubble is over or you may be missing on 100%+ of profits..
Mannn.. I sold over 15000 LTC at 1$ when it flew from the low $0.40 range.
Dont cry over spilled milk.
Dont cry over spilled milk.
Wow ! And I sold 800 BTC for only 8000 Perfect Money in 2012 for depositing my Liteforex account.
The lesson here is buy and hold for as long as possible. I held 5000 and 7000 LTC at a couple points in time before it went to $50, so sick i could have had over $250k.
Also if anything, this teach us to hold, but also to consider when the price is bubbled and to sell. The problem is.. you never know when the bubble is over or you may be missing on 100%+ of profits..
Hello guys,
I owned about 5000 LTC & I sold them when LTC/BTC pair hit 0.006 (1 BTC = 166 LTC). I frustrated about crash of LTC price & it's future. My thoughts behind of this decision is :
LTC is just a pump n dump coin. It has no worldwide acceptance like btc has. the market of ltc is very small & normally merchants don't accept it. the development team of ltc doesn't give any unique project for a long time. there is less discussion about it.
But, now , I see ltc price is just pumping to the moon...... 216% price increase of LTC/BTC pair. Why people sell their bitcoins for ltc ??
My decision was wrong
I owned about 5000 LTC & I sold them when LTC/BTC pair hit 0.006 (1 BTC = 166 LTC). I frustrated about crash of LTC price & it's future. My thoughts behind of this decision is :
LTC is just a pump n dump coin. It has no worldwide acceptance like btc has. the market of ltc is very small & normally merchants don't accept it. the development team of ltc doesn't give any unique project for a long time. there is less discussion about it.
But, now , I see ltc price is just pumping to the moon...... 216% price increase of LTC/BTC pair. Why people sell their bitcoins for ltc ??
My decision was wrong
Market swings are temporary. Don't base your investment decisions on short term trends. Your basic logic is correct about global acceptance and all. Stick to it, in the long term it will pay off. That, of course, is my viewpoint.
You was protecting your investment, so is crypto,Maybe BTC soon will rise in value and you bought it very cheap.
For example just now price is 289.06 by BTC,It price is higher than what you bought, I wonder if you will be able to hold BTC or you will sell it in a closest point to re-buy same LTC that you had before.
EDIT: I missed the part ..
I've made a decision to buy at least 10K LTC, but, with my fiat currencies not BTC.
It answer my question, I think.
I bought 0.1 LTC @ $4.40 when the price was $44.
I won't sell my piece of LTC until it becomes a valuable relic!
why did you purchase LTC @44$ each.I won't sell my piece of LTC until it becomes a valuable relic!
It was hell of a price.
You must have waited for some time for dump period.
BTW have you brought some coins after that to cut your losses???
Because Litecoin had reached unprecedented levels. Everyone was screaming Litecoin was going to $100 in the trollbox and in the forums!
I saw it falling and didn't want to believe it was over.
Of course I bought more @ $1.75 each...
I bought 0.1 LTC @ $4.40 when the price was $44.
I won't sell my piece of LTC until it becomes a valuable relic!
why did you purchase LTC @44$ each.I won't sell my piece of LTC until it becomes a valuable relic!
It was hell of a price.
You must have waited for some time for dump period.
BTW have you brought some coins after that to cut your losses???
litecoin was tied to bitcoin, so the price was dumped two time there, intrinsically, and because of bitcoin too, another reason why there is a high risk in dealing with altcoin
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