Well there is the fucking pump, 0.022 was hit. The problem is, there's still 3 hours to go in the countdown. Are we witnessing the pump that precedes the "sell the news dump" with people shorting all the way down?
Or will it go even higher as the news get hit?
I don't think there's a way to know the outcome so good luck.
I actually cashed out some of my LTC and have a nice profit from a small capital as I catched LTC at a relatively good price. I still have more than I sold. Cashing out was my risk management. Instead of a `more future profit`, I preferred money in my pocket. This money actually may help to wait another raise even if LTC prices decrease after Segwit. I hope not but this is crypto business. I already plan to keep what I have for long(ish) to see if expectations of 50 USD and even maybe 75 USD per LTC will be realized or not for this year.
On the other side if prices keep raising thanks to Segwit and LTC, I am still on the winning side, just a little bit less profit compared to if I did not sell with current price.
I am not an experienced trader yet so I prefer this way. Greed generally makes people a loser.
Build a little, test a little, learn a lot.
This is what I do.
