Bitcoin vs Litecoin : I sold LTC for BTC . May I wrong ? - page 3.

Miracal

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Quote from: bryant.coleman on July 06, 2015, 01:04:57 PM

In my opinion, you did the right thing. You should not look at the current LTC vs BTC exchange rate. In the long term, the real worth of Litecoin will be close to zero. Just do the calculation yourself. Right now, there are hardly any sites where you can use Litecoin. Litecoin is dead now, and these temporary pump and dumps will only help to delay its demise.

All these pump and dump coins are like gambling with the money. Bitcoin however is a very different crypto, its level is much more different than all this and it is highly accepted and traded as compared to other crypto. OP please don't regret your decisions as living in past has helped no one. Stick to btc, that has much more scope in future.

aakashsangwan

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PUGG.io

Quote from: bitboy11 on July 10, 2015, 12:09:00 AM

I bought 0.1 LTC @ $4.40 when the price was $44. Roll Eyes

I won't sell my piece of LTC until it becomes a valuable relic! Grin

why did you purchase LTC @44$ each.
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???

bitboy11

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I bought 0.1 LTC @ $4.40 when the price was $44. Roll Eyes

I won't sell my piece of LTC until it becomes a valuable relic! Grin

aakashsangwan

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PUGG.io

Yes you did it wrong. You should have waited for the litecoin price to go up and then sold it for fiat and not bitcoin.
The litecoin price have gone from around 3 dollars to 8 dollars today which is nearly 260 or may be 270 percent and still rising. And when the price would have started going down then you should've dumped.
But still if you have brought low and 've sold high then it is a win-win for you and market.

gentlemand

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Welt Am Draht

Quote from: Xialla on July 09, 2015, 11:47:13 AM

Quote from: bit1 on July 09, 2015, 11:42:16 AM

Wtf! $ 7.40 by LTC just now.It is coming back.The question is how log?

ahh, until there will be enough bulls to pump it. because generally there is no community, active development, atm or public knowledge/needs of litecoin, it is pure altocoin pump. Honestly, I'm quite surprised, that somebody is still interested in this useless crypto..

The Chinese have a fondness for it. That's all anyone needs. BTC is just as useless to them as LTC is to most Westerners. The average Chinese trader probably doesn't know any more about its development either.

nonbody

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2local[IEO] - https://2local.io/

not a bad idea, the mining support behind LTC is huge though

Xialla

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/dev/null

Quote from: bit1 on July 09, 2015, 11:42:16 AM

Wtf! $ 7.40 by LTC just now.It is coming back.The question is how log?

ahh, until there will be enough bulls to pump it. because generally there is no community, active development, atm or public knowledge/needs of litecoin, it is pure altocoin pump. Honestly, I'm quite surprised, that somebody is still interested in this useless crypto..

bit1

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Wtf! $ 7.40 by LTC just now.It is coming back.The question is how log?

BTCevo

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Quote from: HeroCat on July 08, 2015, 08:38:27 AM

You did right. Litecoin is not so popular as BTC. Just use BTC - this is smart choice Grin

Its true if you compare to bitcoin but among other altcoin I think LTC is so popular so trading LTC is not that bad too

Quote from: ammy009 on July 08, 2015, 08:41:33 AM

Quote from: Q7 on July 08, 2015, 08:37:04 AM

If you are so convinced that you've made the wrong decision, then buy back again when the price drops. I never believe it's too late. The ltc btc pair has been on the ups and downs cycle these past few years so you might be able to catch up with some good buys. Just diversify your holdings to be on the safe side.

yeah .. I've made a decision to buy at least 10K LTC, but, with my fiat currencies not BTC.

I don't want to do wrong again.

I wanna buy LTC @ $2 or, less...

Is there any possibility to drop at this stage Huh

If possible, then when it'll be happened ?

You can't just asking people about possiblity of dropping price because they also get some speculations and no one can predict it, although with some good analyze sometimes they will lose it too. So try to search it and analyze yourself you may get good thought

WhatTheGox

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Quote from: HeroCat on July 08, 2015, 08:38:27 AM

You did right. Litecoin is not so popular as BTC. Just use BTC - this is smart choice Grin

lol

I dont know if you guys have seen but litecoin buy books are actually showing even more strength today vs when we were @$5 and $6 on previous days. This is an easy double figures run. What happens with bitcoin will matter.

Amph

legendary

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Quote from: ammy009 on July 08, 2015, 08:41:33 AM

Quote from: Q7 on July 08, 2015, 08:37:04 AM

If you are so convinced that you've made the wrong decision, then buy back again when the price drops. I never believe it's too late. The ltc btc pair has been on the ups and downs cycle these past few years so you might be able to catch up with some good buys. Just diversify your holdings to be on the safe side.

yeah .. I've made a decision to buy at least 10K LTC, but, with my fiat currencies not BTC.

I don't want to do wrong again.

I wanna buy LTC @ $2 or, less...

Is there any possibility to drop at this stage Huh

If possible, then when it'll be happened ?

well it not gonna drop anytime soon, we are rising even more and the more the halving is near the more the price will climb a little

maybe you can be lucky after the halving, if ltc will be forgotten again

ammy009

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Activity: 303

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Quote from: Q7 on July 08, 2015, 08:37:04 AM

If you are so convinced that you've made the wrong decision, then buy back again when the price drops. I never believe it's too late. The ltc btc pair has been on the ups and downs cycle these past few years so you might be able to catch up with some good buys. Just diversify your holdings to be on the safe side.

yeah .. I've made a decision to buy at least 10K LTC, but, with my fiat currencies not BTC.

I don't want to do wrong again.

I wanna buy LTC @ $2 or, less...

Is there any possibility to drop at this stage Huh

If possible, then when it'll be happened ?

HeroCat

hero member

Activity: 658

Merit: 500

You did right. Litecoin is not so popular as BTC. Just use BTC - this is smart choice Grin

Q7

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If you are so convinced that you've made the wrong decision, then buy back again when the price drops. I never believe it's too late. The ltc btc pair has been on the ups and downs cycle these past few years so you might be able to catch up with some good buys. Just diversify your holdings to be on the safe side.

WhatTheGox

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Quote from: ammy009 on July 08, 2015, 06:31:25 AM

Quote from: Bobsurplus on July 08, 2015, 06:06:34 AM

Mannn.. I sold over 15000 LTC at 1$ when it flew from the low $0.40 range.
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.

ammy009

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Quote from: Bobsurplus on July 08, 2015, 06:06:34 AM

Mannn.. I sold over 15000 LTC at 1$ when it flew from the low $0.40 range.
Dont cry over spilled milk.

Wow ! And I sold 800 BTC for only 8000 Perfect Money in 2012 for depositing my Liteforex account.

Bobsurplus

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Making money since I was in the womb! @emc2whale

Mannn.. I sold over 15000 LTC at 1$ when it flew from the low $0.40 range.
Dont cry over spilled milk.

HarHarHar9965

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Quote from: HigsonPP on July 08, 2015, 02:05:25 AM

I believe your crypto should be diversified. Since you need to keep check on risk and return. A balance should be kept between the litcoins and bitcoins. Ltc is gradually taking a roll on market , and it's a good thing to keep invested in it as well.

as all the people here are too much involved in bitcoins, and have dedicated so much of their time of their lives involving bitcoins in it, watching another crypto progress ahead does hurt, but people need to understand that there will always be competition. Have faith in your investment, and just go with it. And if you have doubts, then diversify your investments, maybe even invest in ltc if you wish to.

WhatTheGox

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Quote from: ammy009 on July 08, 2015, 05:24:12 AM

Quote from: WhatTheGox on July 08, 2015, 05:20:01 AM

Quote from: bryant.coleman on July 08, 2015, 01:32:17 AM

Quote from: foxbitcoin on July 07, 2015, 07:22:19 PM

Litecoin had a great advantage as the second big crypto currency but it has not attracted a lot of development or infrastructure.

Litecoin is not the no.2 crypto-currency anymore, in terms of market capitalization. Right now, Ripple is in the no.2 position, followed by Litecoin at no.3. The market cap of the major crypto-coins are as follows:

1. Bitcoin: $ 3,801,462,349
2. Ripple: $ 304,714,223
3. Litecoin: $ 209,122,583
4. Doge: $ 18,752,522
5. Dash: $ 16,431,987

Ripple isn't a true crypto-currency, i dont think we can read much into it. Looking at the trading volume, litecoin is miles ahead of ripple.

ripple !!! Tongue

isn't a centralized crypto currency Huh

Of course it is, i heard that had to pay coinmarketcap to even be listed on there. They can make more ripples anytime, its not a store of value.

glub0x

legendary

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My conclusion is that if bitcoin succeed, litecoin will probably stay around.
Now If bitcoin dies, litecoin WILL die with it.
So keeping litecoin is like adding some random layer out of the original risk (which is bitcoin success)

So keeping 50-50 is (in my opinion) a terrible decision.

That being say, you might want to speculate and try to get the most out of your litecoins, search for the top.
This is not the kind of game i play.

Topic: Bitcoin vs Litecoin : I sold LTC for BTC . May I wrong ? - page 3. (Read 4794 times)