Topic: LTC halving , what to expect? - page 2. (Read 782 times)
if seen as litecoin trends currently showing down. it seems that people still don't want to buy after halving. maybe this is the result of current market trials so people are not in a hurry to buy. even so for the long term, I think litecoin will eventually go up. so we'll just wait for what the future looks like.
If we talk about what to expect from LTC halving, we want to see LTC price can back to the higher price and it is on the way to increase, but unfortunately, LTC needs to wait for more so the price can start increase. We need to wait and see when the price can increase and right now, we have more time to buy more LTC if we want. But don't forget that the increase in the price can happen at any time and we should prepare for the coming time, so we don't be late to sell the LTC.
I bought LTC at $ 101 on the 6th and now the price has dropped to $ 90. Should I buy more or just hold and wait for its price to increase?I lost more than 10% and now I'm quite confused. Please give me some advice, thank you.
buy the rumors sell the news,
I think after the halving we are going to see a sharp drop at the price. And then we are going to see a correction and the consolidation. This could also trigger the global altcoin sell which will increase BTC dominance more.
You should consider how risky it was when planning on buying some altcoins when the price sharply drops it could not grow back the same as the last time you saw the price. But this coins is in the top market there's a huge chance that this will get back again but if it is in bullish you the chance that it would drop is small. I think after the halving we are going to see a sharp drop at the price. And then we are going to see a correction and the consolidation. This could also trigger the global altcoin sell which will increase BTC dominance more.
However the issue is that BTC is rallying hard and in a few months might hit a new ATH and if it hits a new ATH then most likely so will LTC. So if LTC rallies within the next few months its hard to tell if its from the halving or from the BTC rallying.
in fact it is the beginning of an increase in LTC. bitcoin rally is needed to strengthen the adoption of LTC, and when demand increases, the price of LTC will strengthen with reduced inventory due to halving. That won't happen instantly. the process is being done, we all have to be patient.yes you're right, after a few months ago litecoin went up. normal if now prices start to fall. for now halving will not affect the price, so buying it won't be profitable for now either. but if you want for long-term investment is not a problem.
buy the rumors sell the news,
I think after the halving we are going to see a sharp drop at the price. And then we are going to see a correction and the consolidation. This could also trigger the global altcoin sell which will increase BTC dominance more.
What you said is really what is happening now. It is the reason why I completely depends on technical indicators whenever I have decided to invest into a coins! Litecoin halving has had it infect on the market before it happens and since the day before yesterday we have been seeing it moving below $100. I was thinking that it should pump but it has remained within the prediction of the technical indicators.I think after the halving we are going to see a sharp drop at the price. And then we are going to see a correction and the consolidation. This could also trigger the global altcoin sell which will increase BTC dominance more.
Halvings have fundamental influence on supply. They are not a rumor or news. They will just help price of Litecoin to increase in future and also in recent past.
buy the rumors sell the news,
I think after the halving we are going to see a sharp drop at the price. And then we are going to see a correction and the consolidation. This could also trigger the global altcoin sell which will increase BTC dominance more.
What you said is really what is happening now. It is the reason why I completely depends on technical indicators whenever I have decided to invest into a coins! Litecoin halving has had it infect on the market before it happens and since the day before yesterday we have been seeing it moving below $100. I was thinking that it should pump but it has remained within the prediction of the technical indicators. I think after the halving we are going to see a sharp drop at the price. And then we are going to see a correction and the consolidation. This could also trigger the global altcoin sell which will increase BTC dominance more.
However the issue is that BTC is rallying hard and in a few months might hit a new ATH and if it hits a new ATH then most likely so will LTC. So if LTC rallies within the next few months its hard to tell if its from the halving or from the BTC rallying.
in fact it is the beginning of an increase in LTC. bitcoin rally is needed to strengthen the adoption of LTC, and when demand increases, the price of LTC will strengthen with reduced inventory due to halving. That won't happen instantly. the process is being done, we all have to be patient.However the issue is that BTC is rallying hard and in a few months might hit a new ATH and if it hits a new ATH then most likely so will LTC. So if LTC rallies within the next few months its hard to tell if its from the halving or from the BTC rallying.
in fact it is the beginning of an increase in LTC. bitcoin rally is needed to strengthen the adoption of LTC, and when demand increases, the price of LTC will strengthen with reduced inventory due to halving. That won't happen instantly. the process is being done, we all have to be patient.
Its hard to say what will happen with the price. The halving effect might take days or weeks.
I would say if we were in a sideways market then most likely LTC would dump because the halving was nothing more than a "Buy the rumor, sell the news" kind of deal. And also the fact that everybody was assuming it would rally since less daily supply and since the retail traders think that it means the opposite will most likely happen.
However the issue is that BTC is rallying hard and in a few months might hit a new ATH and if it hits a new ATH then most likely so will LTC. So if LTC rallies within the next few months its hard to tell if its from the halving or from the BTC rallying.
I would say if we were in a sideways market then most likely LTC would dump because the halving was nothing more than a "Buy the rumor, sell the news" kind of deal. And also the fact that everybody was assuming it would rally since less daily supply and since the retail traders think that it means the opposite will most likely happen.
However the issue is that BTC is rallying hard and in a few months might hit a new ATH and if it hits a new ATH then most likely so will LTC. So if LTC rallies within the next few months its hard to tell if its from the halving or from the BTC rallying.
If we talk about what to expect from LTC halving, we want to see LTC price can back to the higher price and it is on the way to increase, but unfortunately, LTC needs to wait for more so the price can start increase. We need to wait and see when the price can increase and right now, we have more time to buy more LTC if we want. But don't forget that the increase in the price can happen at any time and we should prepare for the coming time, so we don't be late to sell the LTC.
Currently, I expect the price to first dump or correct due to the market condition of the sentiment of buying more of bitcoin than altcoins. Towards the end of the year, the price might double, I will do myself a good by trying to hold as my purchasing power entails.
If you can make a wait before halving start again. But we really not sure of this halving that it will make a huge market jump or it will stay the same.We know LTC isn't giving up even we have been experiencing market crisis and still been strong after all but never to expect that it will make another ATH this year rather than to stay at low.
I view Litecoin as a live testnet for Bitcoin.
Apart from that, it really serves no purpose to exist. Charlie Lee is such a flaky character too. Its a shame, he could easily have avoided all the publicity, but yet he chooses otherwise.
Nothing wrong in being a celebrity and Charlie Lee did reveal that he has sold all of his holdings in Litecoin when the market rallied last time, he started Litecoin by copying the source code of bitcoin and it was a fun project for him and he made his profits and he is happy with his creation, i am expecting the price to increase during the halving and the project is indeed like a testnet for bitcoin but some merchants and gambling sites are accepting Litecoin which gives them more valuation.Apart from that, it really serves no purpose to exist. Charlie Lee is such a flaky character too. Its a shame, he could easily have avoided all the publicity, but yet he chooses otherwise.
In fact the halving has already been done https://www.litecoinblockhalf.com/
The next one is in 4 years, in august/summer 2023 so if you are waiting for a halving pump, I think it's too late now, it will not occur anymore... but a dip may occur... Be careful
I view Litecoin as a live testnet for Bitcoin.
Apart from that, it really serves no purpose to exist. Charlie Lee is such a flaky character too. Its a shame, he could easily have avoided all the publicity, but yet he chooses otherwise.
Nothing wrong in being a celebrity and Charlie Lee did reveal that he has sold all of his holdings in Litecoin when the market rallied last time, he started Litecoin by copying the source code of bitcoin and it was a fun project for him and he made his profits and he is happy with his creation, i am expecting the price to increase during the halving and the project is indeed like a testnet for bitcoin but some merchants and gambling sites are accepting Litecoin which gives them more valuation. Apart from that, it really serves no purpose to exist. Charlie Lee is such a flaky character too. Its a shame, he could easily have avoided all the publicity, but yet he chooses otherwise.
Currently, I expect the price to first dump or correct due to the market condition of the sentiment of buying more of bitcoin than altcoins. Towards the end of the year, the price might double, I will do myself a good by trying to hold as my purchasing power entails.
when halving takes place, LTC has increased by more than 9%. But one sad thing is that many traders have sold out and made the price of LTC go down.
But I still believe that the miners will get the reward, the price will soon increase to $ 120.
But I still believe that the miners will get the reward, the price will soon increase to $ 120.
bitcoin dominance going up and nearly hit 70%. Its mean many people keep on eye to bitcoin. Maybe this is another reason why holder sell LTC at the moment.
buy the rumors sell the news,
I think after the halving we are going to see a sharp drop at the price. And then we are going to see a correction and the consolidation. This could also trigger the global altcoin sell which will increase BTC dominance more.
I think after the halving we are going to see a sharp drop at the price. And then we are going to see a correction and the consolidation. This could also trigger the global altcoin sell which will increase BTC dominance more.
I think everyone's hope when there is a halving event is to want to get profit because the price goes up to be very expensive due to the influence of the decreasing total supply, but I think Litecoin will not go up much because Litecoin demand is not too much, in contrast to Bitcoin which requests a lot whereas very limited supply of coins will make the price very expensive.
when halving takes place, LTC has increased by more than 9%. But one sad thing is that many traders have sold out and made the price of LTC go down.
But I still believe that the miners will get the reward, the price will soon increase to $ 120.
But I still believe that the miners will get the reward, the price will soon increase to $ 120.
The Litecoin halving event was a total flop.
PS, Litecoin is not really a "coin" anyways. That says a lot doesn't it.
PS, Litecoin is not really a "coin" anyways. That says a lot doesn't it.
I view Litecoin as a live testnet for Bitcoin.
Apart from that, it really serves no purpose to exist. Charlie Lee is such a flaky character too. Its a shame, he could easily have avoided all the publicity, but yet he chooses otherwise.
The Litecoin halving event was a total flop.
PS, Litecoin is not really a "coin" anyways. That says a lot doesn't it.
PS, Litecoin is not really a "coin" anyways. That says a lot doesn't it.
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