Litecoin halvening price speculation? - page 2.

leavolnhals

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Quote from: DrBitcoin on May 24, 2019, 08:46:00 PM

I have a bag of LTC. I am thinking about selling BEFORE the halvening. My target is like $220.
I plan to dump to BTC. Because ultimately I want more bitcoin, and altcoins are just a way of getting there.

When would you sell LTC with regard to the August halvening?
What use price seems reasonable? I’m thinking $200 range if achieved.

I think this is the best time to sell. BTC prices have started to fall sharply and whales are tending to sell more BTC. Experts who are accepting the BTC valuation will plunge below $ 9k5 and the LTC will also begin to plunge further. LTC's price will definitely drop to about $ 75.

DmitFomin

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Quote from: shulc7 on July 14, 2019, 04:05:28 PM

Strange decision. Halving usually pushes the cryptocurrency to grow, as the commissions for the miners are cut. We can wait for the bull run, and for the Moonrise of Litecoin, and there is no one reason to sell this token now, moreover, it is in the top-5 for many years. We can wait that this token will reach 150 dollars this year. It seems to be a reality.

In fact, I am also surprised that people sell coins before halving, because if you look at the last halving Llitecoin, which occurred 4 years ago, you can understand that as a result of this event, the price of a coin has increased 2 times. Therefore, now many investors are trying to buy LTC before halving and to profit from the price increase, which is most likely to start growing after halving.

shulc7

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Quote from: sockpuppet1911 on July 13, 2019, 06:36:10 PM

Quote from: giletto on July 13, 2019, 06:30:12 PM

The litecoin halving is less than 30 days away yet its not drawing the euphoria and frenzy like it should. It rather dumped from 200usd to 110usd. Maybe the Bitcoin moon effect is having its toll on it just like every other altcoin. I really wonder if now its the best time to load up more Ltc

Yeah, i agree, most people want to sell before the halvening imho so they won't get to be bad holders.
But i do find it strange that op was talking about getting more btc with this and yet he was talking about the dollar price. But anyway... the dumpening seems to have started in both those pairs.

Strange decision. Halving usually pushes the cryptocurrency to grow, as the commissions for the miners are cut. We can wait for the bull run, and for the Moonrise of Litecoin, and there is no one reason to sell this token now, moreover, it is in the top-5 for many years. We can wait that this token will reach 150 dollars this year. It seems to be a reality.

DmitFomin

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Litecoin has always been an overly speculative coin and its price has been manipulated almost constantly, but nevertheless its price rises in the long run. So now you can successfully enter Litecoin before the price rises, which can grow as a result of halving.

akram143

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Quote from: DrBitcoin on May 24, 2019, 08:46:00 PM

I have a bag of LTC. I am thinking about selling BEFORE the halvening. My target is like $220.
I plan to dump to BTC. Because ultimately I want more bitcoin, and altcoins are just a way of getting there.

When would you sell LTC with regard to the August halvening?
What use price seems reasonable? I’m thinking $200 range if achieved.

yes you are right but in this situation it seems like more attention will be created for the development in litecoin so that you can wait for some times to achieve some more profit in litecoin and get the decision to be changed but no one will predict the future if you want to do that then do it quickly.

sockpuppet1911

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Quote from: giletto on July 13, 2019, 06:30:12 PM

The litecoin halving is less than 30 days away yet its not drawing the euphoria and frenzy like it should. It rather dumped from 200usd to 110usd. Maybe the Bitcoin moon effect is having its toll on it just like every other altcoin. I really wonder if now its the best time to load up more Ltc

Yeah, i agree, most people want to sell before the halvening imho so they won't get to be bad holders.
But i do find it strange that op was talking about getting more btc with this and yet he was talking about the dollar price. But anyway... the dumpening seems to have started in both those pairs.

giletto

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The litecoin halving is less than 30 days away yet its not drawing the euphoria and frenzy like it should. It rather dumped from 200usd to 110usd. Maybe the Bitcoin moon effect is having its toll on it just like every other altcoin. I really wonder if now its the best time to load up more Ltc

RealMalatesta

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Quote from: normanz on June 02, 2019, 12:43:18 PM

I think holding is better than selling too fast, litecoin will grow and will be able to exceed the target you expect, by being patient then we will be able to get satisfactory results.

We have all seen the benefit of holding, if we flash back to people who were early holders of bitcoin and some of these coins, we could see the level of maturity they had in being patient and the belief they have. I don’t think any of us here that are new investors waited as much as those who were the first to hold BTC, look at the results they get years later.

Holding is really the main formula to having a very fertile investment on our cryptocurrency, provided the coin we are holding is really worthy , which we will know through our research and the community that holds the coin, a stringer community, a stronger coins which LTC has one of the strongest community backing them up.

kissubaby

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I speculate it to hit $200 before settling down around $120 to $150 after halving.

Ekyfitri

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Quote from: KryptoKai on June 03, 2019, 02:42:12 AM

The halving is coming, i bet the price will start pumping again. Litecoin has outperformed bitcoin and will continue to do so for the next couple of months. Hard to say what will happen afterwards

in what view has litecoin outperformed bitcoin? I don't think there are altcoins that can do that. Litecoin has risen very high but related to markets and communities I think bitcoin is still the highest with the most populous trade

mcun2000

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I too have a stash of litecoin, mostly from mining, and am ultimately looking to convert most of it to bitcoin, as I think bitcoin is the long-term king of cryptocurrencies THAT serve as a store of monetary value (so no ETH in this case for me, although I do mine and have ETH).

Poster said he wants to convert LTC to BTC, and I have to suggest the better way to consider when to convert should be by looking at the LTC/BTC spot price, NOT the $USD value of litecoin!

In recent months one of the best times to sell LTC for BTC was the start of the recent bull run, when the altcoins pumped before BTC did. For example, on April 12, 2019, the LTC/BTC spot price hit a high of 0.01842. Now the spot right is only 0.013 or something. I am kicking myself for not converting some LTC for BTC at that time, because I wrongly thought LTC would get stronger.

Hopefully the LTC halving launches LTC/BTC to above 0.2. If that happens scoop up BTC with your LTC's.

KryptoKai

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The halving is coming, i bet the price will start pumping again. Litecoin has outperformed bitcoin and will continue to do so for the next couple of months. Hard to say what will happen afterwards

normanz

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I think holding is better than selling too fast, litecoin will grow and will be able to exceed the target you expect, by being patient then we will be able to get satisfactory results.

sgenuine

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Quote from: JeBro on May 31, 2019, 02:12:01 PM

I suppose before the growth of Litecoin due to the halving, we will see a strong drop in the token that can reach 40 percent. Only then will strong growth follow.

What makes you think so? Do you think that Litecoin can fall up to 60-70 dollars and less? I am waiting for the price growth after the halving of this cryptocurrency. The demand for the alt will go up then.

consideritdone

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only about 2 months to go son https://www.coingecko.com/en/explain/litecoin_halving

m.rifki

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Quote from: Hughes_Ryan on June 02, 2019, 10:58:18 AM

I am impressed with the plan to sell your LTC. But I will not rush to sell LTC at 220, there may be a normal cut in August. Even though this price is X2 compared to the current. The LTC seems to be a sleeping giant and isolated by the market for speculation. But at this month I believe bull back LTC will come back.

whether it will happen or not. but you should examine the plan of achievement that has been made by the team for the next development. if you don't get it, I think the growth that happened might just follow what happened on the market. and they will not do the pump again.

Hughes_Ryan

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Quote from: DrBitcoin on May 24, 2019, 08:46:00 PM

I have a bag of LTC. I am thinking about selling BEFORE the halvening. My target is like $220.
I plan to dump to BTC. Because ultimately I want more bitcoin, and altcoins are just a way of getting there.

When would you sell LTC with regard to the August halvening?
What use price seems reasonable? I’m thinking $200 range if achieved.

I am impressed with the plan to sell your LTC. But I will not rush to sell LTC at 220, there may be a normal cut in August. Even though this price is X2 compared to the current. The LTC seems to be a sleeping giant and isolated by the market for speculation. But at this month I believe bull back LTC will come back.

maydna

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Quote from: DrBitcoin on May 24, 2019, 08:46:00 PM

I have a bag of LTC. I am thinking about selling BEFORE the halvening. My target is like $220.
I plan to dump to BTC. Because ultimately I want more bitcoin, and altcoins are just a way of getting there.

When would you sell LTC with regard to the August halvening?
What use price seems reasonable? I’m thinking $200 range if achieved.

I guess LTC can increase more than $220 and I hope that it will happen later. But still, I only sell my LTC if the price can rise higher than now and perhaps, I will sell one by one of the LTC that I have. $200 of the price will be reasonable, and it could be more than that like I said before. We only need to buy more LTC if we are sure that LTC can reach that price before or after halving. I already get litecoin at the lower price, but I want to more LTC if somehow the price is down later so I can expect to make a big profit from LTC.

A L I E N

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Quote from: DmitFomin on May 30, 2019, 04:56:34 AM

Quote from: CryptoBry on May 30, 2019, 01:23:15 AM

Quote from: Caladonian on May 29, 2019, 11:10:55 PM

Quote from: HichemFetoui on May 29, 2019, 07:08:04 PM

i think litecoin is not relevent anymore as an investment especially after the emergence of alternative to it such bitcoin cash and bitcoin cash satochi vision as a play ground for future bitcoin protocol improvement

I don't think so, Litecoin supporters are still there and if you are observing how the project performed this year, it gives a high appraisal and profits to those who bought and hold it after being dumped down to its bottom, known alts will still move forward as bitcoin still getting more investors both new and old ones which can also be reflected to LTC value. LTC halving will lift the value of this coin to pumped up, OP's target is really achievable just hold and wait.

I have been observing this coin for months and I was not surprised that it slowly (I mean not as dramatic as BTC) when the current bullish movement started. I think this has the potential for more upward growth especially near and after the halving. As I already included Litecoin in my small crypto portfolio, I am also looking for regular updates and developments of this cryptocurrency...

This is true, Litecoin has a potential for growth and its price will rise, especially immediately before the reduction of payments to miners by half. I also included it in my investment portfolio and expect a profit of no less than similar projects can bring.

According to the planned halving, the event is expected this August. It is possible that it is the decline in the miner’s reward for Litecoin mining can become the main fundamental reason for the optimism of investors. Indeed, after halving, LTC inflation will drop significantly, and the asset will by шт the better demand. A decrease in supply with an unchanged or increasing demand usually means that the price can go up.

DrBitcoin

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Quote from: guoyu78 on May 30, 2019, 05:46:21 AM

Quote from: DrBitcoin on May 24, 2019, 08:46:00 PM

I have a bag of LTC. I am thinking about selling BEFORE the halvening. My target is like $220.
I plan to dump to BTC. Because ultimately I want more bitcoin, and altcoins are just a way of getting there.

When would you sell LTC with regard to the August halvening?
What use price seems reasonable? I’m thinking $200 range if achieved.

I am usually quite confused about this halving sometimes, despite the little knowledge I have about its reward, some people believed this is the time price of such coin goes up, but from your point, seems you believe the price will go down, if not, why would you be selling before halving when you are supposed continue holding till after halving when the price will skyrocket.

Well, I am not an holdler of LTC so it would not really be a bad idea to me if you sell your LTC to bitcoin because whatever action you take as regards bitcoin investment will definitely ay you more than any action you take in LTC.

Buy on rumors, sell on News
Tends to dump around the tine of halvening

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