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Topic: I am going all in on litecoin and heres why - page 4. (Read 4597 times)

legendary
Activity: 2478
Merit: 1362
OP decided to finally go all-in after 600% increase... and called the top. LMAO.
hero member
Activity: 854
Merit: 500
I bought 9.5 LTC a while back for $1.8 each and I spend 0.2 BTC yesterday and today in total, but Im still positive about the price(dont really care if it goes down)
hero member
Activity: 912
Merit: 1021
If you don’t believe, why are you here?
lololololol

tough luck if you invested in ltc.

Lol @ BTC guys stoking each other over a 8% "surge".
hero member
Activity: 1540
Merit: 500
lololololol

tough luck if you invested in ltc.
hero member
Activity: 912
Merit: 1021
If you don’t believe, why are you here?
1.25Mil coins were dumped this morning and LTC is resilient enough to be up 200% this month.

Discuss.
hero member
Activity: 546
Merit: 500
AKA The Rubber Monkey
Its already starting to bounce back. It looks like that little crash just gave some buyers some opportunities to re-buy at a lower level. Bar chart looks promising that the price will bounce back up, it better Tongue

There's always a bounce after the initial crash. The only question is if it's the bounce that always happens before it goes lower, or is it simply a correction? It's probably not a good time to buy until that question has been answered.
sr. member
Activity: 476
Merit: 251
As said before, all in is not a good strategy...
It might pay off, but you may also get burned heavily...

Or it might pay off after a period where you're burned heavily "on paper" (mark-to-market.) I'm inclined to all-in myself, but after taking my lumps I figgered that all-in only makes sense for a long-term hold.

It helps if you think of it this way: anyone buying Bitcoin at >$25 around May of 2011 was "burned heavily" for the rest of the year...

I you are looking for an investment, I'd also say that the price eventually will probably go higher. If you want to trade, you have to be on your toes to take advantage of such swings. Although, if you'd sell all your LTC you alone would probably generate a minor dump trend  Grin
(I am also optimistic as I see potential in LTC, but just because BTC was successful, doesn't mean that all altcoins will.)
sr. member
Activity: 420
Merit: 250
Ever wanted to run your own casino? PM me for info
Its already starting to bounce back. It looks like that little crash just gave some buyers some opportunities to re-buy at a lower level. Bar chart looks promising that the price will bounce back up, it better Tongue
legendary
Activity: 2114
Merit: 1090
=== NODE IS OK! ==
I got burned too, but started at 0.008. I still have 180 LTC, waiting for a bounce back (in my dreams)
sr. member
Activity: 420
Merit: 250
Ever wanted to run your own casino? PM me for info
Lolol woke up and down almost 30%. Alright after taking out of bitcoin and putting into litecoin, bitcoin raises by more than 10$.
My luck....
legendary
Activity: 924
Merit: 1000
As said before, all in is not a good strategy...
It might pay off, but you may also get burned heavily...

Or it might pay off after a period where you're burned heavily "on paper" (mark-to-market.) I'm inclined to all-in myself, but after taking my lumps I figgered that all-in only makes sense for a long-term hold.

It helps if you think of it this way: anyone buying Bitcoin at >$25 around May of 2011 was "burned heavily" for the rest of the year...
member
Activity: 83
Merit: 10
Get your cheap LTC! (I jinxed it as well!)

will go down much lower again! Don't buy now.
hero member
Activity: 644
Merit: 500
rekt
hero member
Activity: 912
Merit: 1021
If you don’t believe, why are you here?
Get your cheap LTC! (I jinxed it as well!)
legendary
Activity: 1246
Merit: 1000
LTC getting murdered.
sr. member
Activity: 476
Merit: 251
While I was on lunch bitcoin went up by 15$ and LTC dropped by 2$ (25%). Happy I didn't convert its probably just some transient state here. Chance to make big profits and losses, although not particularly good for the network as a whole if there are swings like this.
hero member
Activity: 595
Merit: 500
I am going all in and here is why: Im greedy. Cheesy
And now that my irational emotions took over my logical me, Im destined to get burned like a dumb noob.  Cry

Gekko was NOT right.
legendary
Activity: 1022
Merit: 1001
hero member
Activity: 784
Merit: 1000
OP brutally jinxed it lmao, just a friendly tip, don't do it next time ok? Too much euphoria in the Crypto world makes people wanting to sell.

He didn't go all in. He is shilling and assisting the P&D.
hero member
Activity: 868
Merit: 1000
OP brutally jinxed it lmao, just a friendly tip, don't do it next time ok? Too much euphoria in the Crypto world makes people wanting to sell.
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