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Topic: loss - page 2. (Read 2248 times)

legendary
Activity: 1456
Merit: 1083
I may write code in exchange for bitcoins.
December 01, 2014, 10:14:42 AM
#18
I would consider selling them for BTC.  The BTC price is pretty low at the moment and likely to go higher.  LTC is more or less pegged to BTC (de facto, not by definition) so perhaps that'll continue and LTC will rise again soon as well.
legendary
Activity: 2114
Merit: 1090
=== NODE IS OK! ==
December 01, 2014, 10:09:34 AM
#17
i'm a noob and need help
i bought 2000$ litecoins at 11.8$ , 8 months ago
please advise me what can i do ?sell them or wait or exchange them to another coins  Huh

i think you can continue to hold...
for now all cryptho are weak!!!

if bitcoin restart to pump, litecoin and all the ecosystem do the same for sure!!!


If Id sell then only to buy lower. Not selling though. All this negativity and staleness gives me a feeling that the bottom is not far away. In fact, the rally could come really quick.
legendary
Activity: 1722
Merit: 1000
December 01, 2014, 09:40:01 AM
#16
i'm a noob and need help
i bought 2000$ litecoins at 11.8$ , 8 months ago
please advise me what can i do ?sell them or wait or exchange them to another coins  Huh

i think you can continue to hold...
for now all cryptho are weak!!!

if bitcoin restart to pump, litecoin and all the ecosystem do the same for sure!!!


I have a feeling the dark days are just ahead..  BTC "bottoms" @ $120, ltc to .50 for a month then a serious rally.

There are still weak hands they just need a little push to let go.
member
Activity: 112
Merit: 10
December 01, 2014, 09:32:35 AM
#15
i'm a noob and need help
i bought 2000$ litecoins at 11.8$ , 8 months ago
please advise me what can i do ?sell them or wait or exchange them to another coins  Huh

i think you can continue to hold...
for now all cryptho are weak!!!

if bitcoin restart to pump, litecoin and all the ecosystem do the same for sure!!!
legendary
Activity: 2114
Merit: 1090
=== NODE IS OK! ==
December 01, 2014, 09:24:55 AM
#14
I could have made hundred of dollars when LTC was 20, too bad I was a greedy noob. Well we all learn. Currently holding.
legendary
Activity: 1722
Merit: 1000
December 01, 2014, 09:18:32 AM
#13
If you bought without the ability to watch LTC go to zero you did it wrong.
hero member
Activity: 602
Merit: 500
December 01, 2014, 07:56:06 AM
#12
Litecoin is a popular coin for trading on pumps and dumps. You will probably be able to get a better price than today if you wait. However Litecoin's development is.. non existent?  It doesn't seem like are doing anything. It's only a matter of time before they are replaced by better tech, of which they are several.

this is fud because a store of value/payment system does not need a lot of work being done on it but it needs a good network and liquid markets. Litecoin has that so it's a more safe investement than these experimental pumped coins the auther of the comment above advertises.
hero member
Activity: 602
Merit: 500
December 01, 2014, 07:54:00 AM
#11
i'd hold.
Can go a little lower still but not sure.
They will come back up in a few months i think.
legendary
Activity: 1612
Merit: 1001
December 01, 2014, 03:20:09 AM
#10
i'm a noob and need help
i bought 2000$ litecoins at 11.8$ , 8 months ago
please advise me what can i do ?sell them or wait or exchange them to another coins  Huh
it's better to hold your litecoins don't sell at loss.
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
November 30, 2014, 11:35:25 PM
#9
legendary
Activity: 1890
Merit: 1085
Degenerate Crypto Gambler
November 30, 2014, 10:11:01 PM
#8
short it with x20 on okcoin  Grin



legendary
Activity: 2506
Merit: 1030
Twitter @realmicroguy
November 30, 2014, 08:35:03 PM
#7
i'm a noob and need help
i bought 2000$ litecoins at 11.8$ , 8 months ago
please advise me what can i do ?sell them or wait or exchange them to another coins  Huh

If you wish to minimize risk, I would suggest diversifying your holdings and maintaining a majority position in BTC.
legendary
Activity: 2786
Merit: 1031
November 30, 2014, 08:29:16 PM
#6
Just hold the coins...
full member
Activity: 143
Merit: 100
November 30, 2014, 07:46:48 PM
#5
Hello unitedss,
Litecoin is not a bad coin, but has suffered from high inflation and competition from other cryptocurrencies. However, it still offers very high levels of liquidity not seen in other crypto coins except Bitcoin and the usual pump of the month currency.

If you keep 100% of your current position you are basically taking a binary, idiosyncratic bet on LTC alone. This could be very good if LTC specifically rises and very bad if LTC specifically falls. It really depends on your opinion of the market.

It would not be unreasonable to diversify into other Altcoins. I could imagine that you may keep 1/3 or 1/4 of your LTC and invest the remainder in equal parts into a portfolio of Bitshares, Dogecoin and NXT. You could also add some Bitcoin, but then it would not be a pure Altcoin bet anymore. As a noob, I would not add Ripple at the moment since it may has been the flavour of the month coin, and there is imho a good chance that it's price retraces to a lower level over the next days & weeks (of course this can not be guaranteed Wink ).
hero member
Activity: 764
Merit: 500
November 30, 2014, 07:45:21 PM
#4
Litecoin is a popular coin for trading on pumps and dumps. You will probably be able to get a better price than today if you wait. However Litecoin's development is.. non existent?  It doesn't seem like are doing anything. It's only a matter of time before they are replaced by better tech, of which they are several.
member
Activity: 106
Merit: 10
November 30, 2014, 07:43:57 PM
#3
Posted by: unitedss

"i'm a noob and need help i bought 2000$ litecoins at 11.8$ , 8 months ago please advise me what can i do ?sell them or wait or exchange them to another coins  Huh"

I've been trading on exchanges for almost a year now and made thousands of dollars.

The following Crypto Intelligent Trading Principle is used by "whale traders" on exchanges to make profit and manipulate the Crypto Market for their gain.

Use at your own risk!

Using the same principles of Stock Market "BUY LOW SELL HIGH"

My advice to you spread those LTC on exchanges and buy LOW priced coins like Dogecoin, Doge Black, SYS and RDD.

Depending on current price.Buy 200k of Doge, 1 million of DogeB, 100k of SYS and 2 million of RDD.

Put the Trigger on SELL HIGH and wait!

Or you can do the opposite and become a whale.trader buying millions at LOW price(lower than market price) and SELL HIGH.

You can wait for next LTC rally which is going take a while to hit over 0.01 BTC.
hero member
Activity: 658
Merit: 500
The Buck Stops Here.
November 30, 2014, 07:39:12 PM
#2
i'm a noob and need help
i bought 2000$ litecoins at 11.8$ , 8 months ago
please advise me what can i do ?sell them or wait or exchange them to another coins  Huh

If you can hold them for a year, you can hold them for another.
newbie
Activity: 3
Merit: 0
November 30, 2014, 07:10:56 PM
#1
i'm a noob and need help
i bought 2000$ litecoins at 11.8$ , 8 months ago
please advise me what can i do ?sell them or wait or exchange them to another coins  Huh
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