LTC segwit activation: sell the news or mega-pump to mars?

thejaytiesto

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Quote from: BitcoinHodler on May 07, 2017, 08:41:37 AM

well i have already sold and made profit but also missed a lot of profit too. but i am not regretting anything. and you are right the charts look pumped too. i wanted to buy back in but i couldn't see a potential entry price so i finally gave up and went to sleep just to wake up to a higher price lol

now i am waiting for a good price to get in, otherwise i keep missing profit and i don't care because there will eventually be a correction and price rise is far from over

Quote from: thejaytiesto on May 07, 2017, 07:57:01 AM

Fuck I can't believe I missed on 10+BTC gains because my stop loss got shaken out probably by fucking poloniex bots. Now I cant help but feel like an idiot entering the market now but at the same time I fear it may keep going up without any major retraces.

in a market like Litecoin that is rising or you are sure that it is rising you either have to not place a stop loss or have some automation in place that buys back after the stop loss is activated. i have been screwed because of stoploss so many times Wink

You can't automatically buy when you have a stop loss set, unless you want to divide your BTC stack into a stop loss order, and the other half into a buy order.

I like to go all in with the BTC I have on poloniex (all in doesn't mean 100% obviously, just the BTC i've sent to poloniex and tend to keep there for speculation).

I also went to sleep to wake up to bigger prices for 3 days, so it better fucking correct soon, this is painful, I could be making some massive gains.

It's just going to come down to wednesday. If there is a sell the news scenario, we'll see a big correction, so long term believers in LN in LTC can get in at a good price post pump. But of course, what if we see 0.03 or something before wednesday? at this pace is possible.... fuck.

Red-Apple

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if you asked me a couple of months ago that when SegWit activates on litecoin how much would the price be? i would have told you something around 0.02BTC to 0.03BTC.

but now that i have seen the potential of this year's pumper whales and also after seeing how the market reacted to the news about SegWit (both when we though it is a done deal and when again we know it is not possible because of that tweet and all that drama and then again with the 100% support) now i say my previous prediction is too small. price will go a lot higher than this.

JeffBrad12

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Quote from: thejaytiesto on May 07, 2017, 07:57:01 AM

Segwit activation will happen in 3 days. The question is clear: Are people going to sell the news again, just like in the lock_in of segwit with the activation, or will the activation news create a megapump?

Sell the news? Caused by the fast block of altcoin will make segwit less on his advantages. The SegWit hype will have finished.
My guess more people want to sell the news.

Quote from: thejaytiesto on May 07, 2017, 07:57:01 AM

Remember that sell the news is not always correct. With the Coinbase news, the price pumped hard.

It's up to you to hold your LTC or not. But I believe the correction for the litecoin price will always be there.

Quote from: thejaytiesto on May 07, 2017, 07:57:01 AM

The chart looks pumped tho, we haven't had a proper red candle yet.

I think so.

Quote from: thejaytiesto on May 07, 2017, 07:57:01 AM

Fuck I can't believe I missed on 10+BTC gains because my stop loss got shaken out probably by fucking poloniex bots. Now I cant help but feel like an idiot entering the market now but at the same time I fear it may keep going up without any major retraces.

At least you must take your risk to following the latest condition of litecoin market.
It's so difficult to predict.

I mean, The key is on the segwit itself. Will it be useful for all or not?That is it.

loreRex

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Quote from: BitcoinHodler on May 07, 2017, 08:41:37 AM

well i have already sold and made profit but also missed a lot of profit too. but i am not regretting anything. and you are right the charts look pumped too. i wanted to buy back in but i couldn't see a potential entry price so i finally gave up and went to sleep just to wake up to a higher price lol

now i am waiting for a good price to get in, otherwise i keep missing profit and i don't care because there will eventually be a correction and price rise is far from over

Quote from: thejaytiesto on May 07, 2017, 07:57:01 AM

Fuck I can't believe I missed on 10+BTC gains because my stop loss got shaken out probably by fucking poloniex bots. Now I cant help but feel like an idiot entering the market now but at the same time I fear it may keep going up without any major retraces.

in a market like Litecoin that is rising or you are sure that it is rising you either have to not place a stop loss or have some automation in place that buys back after the stop loss is activated. i have been screwed because of stoploss so many times Wink

stop loss in crypto is not so useful indeed, it can be handy only if you have a limited amount of time to trade and cannot afford an immediate significant loss.

Regarding LTC, since I've made +100% I will sell a significant amount, though not all, since I'm confident that LTC can go much higher than this.

BitcoinHodler

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HODLing is an art, not just a word...

well i have already sold and made profit but also missed a lot of profit too. but i am not regretting anything. and you are right the charts look pumped too. i wanted to buy back in but i couldn't see a potential entry price so i finally gave up and went to sleep just to wake up to a higher price lol

now i am waiting for a good price to get in, otherwise i keep missing profit and i don't care because there will eventually be a correction and price rise is far from over

Quote from: thejaytiesto on May 07, 2017, 07:57:01 AM

Fuck I can't believe I missed on 10+BTC gains because my stop loss got shaken out probably by fucking poloniex bots. Now I cant help but feel like an idiot entering the market now but at the same time I fear it may keep going up without any major retraces.

in a market like Litecoin that is rising or you are sure that it is rising you either have to not place a stop loss or have some automation in place that buys back after the stop loss is activated. i have been screwed because of stoploss so many times Wink

Charloz24

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My opinion is : sell the news.

But of course I already have sold yesterday so I suppose it will not be the case.

But remember in jan-fev 2017 price was 4$ so it's now near 10X, pretty spectacular.

thejaytiesto

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Segwit activation will happen in 3 days. The question is clear: Are people going to sell the news again, just like in the lock_in of segwit with the activation, or will the activation news create a megapump?

Remember that sell the news is not always correct. With the Coinbase news, the price pumped hard.

The chart looks pumped tho, we haven't had a proper red candle yet, and I fear I may get back in right when some whale decides to cash out.

Fuck I can't believe I missed on 10+BTC gains because my stop loss got shaken out probably by fucking poloniex bots. Now I cant help but feel like an idiot entering the market now but at the same time I fear it may keep going up without any major retraces.

Topic: LTC segwit activation: sell the news or mega-pump to mars? (Read 566 times)