Was Telling People It'd Go back up
Buy now while you still can at a cheap price.
I'd be careful right now. Back in the olden days, the late Harry Browne got out of silver right near the top of the late-1970s bubble. Seriously: he said "sell" in his old newsletter in early 1980 when silver was $38.
With this kind of spectacular call, you'd think 1981 would have been a fabulous year for his newsletter. It actually wasn't. Mr. Browne kept getting back into silver while it was still plummeting, only to pull out again and again at a loss. So he frittered away his spectacular call, and 1981 saw his newsletter fall into the middle of the pack.
His story is not unique. Back in my penny stock days, when I habituated a popular penny-stock forum, a stock was pumped to ~65-70 cents. Near the top of the pump, one of the regulars said he sold his haunch at ~60 cents. Now that got me following the guy: a person who can sell when "everyone" is yelling "MOON" is someone to watch.
It was a great sell, but the guy went back in at 40 cents. The stock's slide ended at ~20 cents. So, this fella with the spectacular sell ended up riding a 50% loss anyway.
If you want to go back into Litecoin, far be it for me to stop you: I don't know when it'll bottom either.
All I suggest is that you "leg in" by saving some BTC in reserve in case this rebound is a "dead-cat bounce."
