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Topic: The litecoin dump isn't over yet (Read 1611 times)
Dead cat bounce anyone?
It might be...it might-enough be to make "legging-in" sensible. I don't know when LTC will bottom-out either.
not sure what I'm gonna do i have quite the 'hoard' from mining (alas last hoard of anything of any note.....home mining will die next year..ie miners to doorstops)
but hell ..IF and I mean IF LTC survives in its old coat tail hanging form to BTC and you wait around till next year for BTC's halving
hell it probably won't matter a lick..in that zoom zoom zoom LTC will be right at the old 0.01 to 0.02 LTC to BTC anyway
just saying....I mined a mess at less then 1.65 or so USD.....so may just be stupid and keep some of the hoard for the 'asic fair' and merry go round next year
for the 2015 bitcoin halving
(or not my whim changes according to panic and watching LTC price go like a yo/yo) anyway from someone sitting on the sidelines on a pile of LTC right now and confused
(will probably bail..i'm intrinsically an asic coward at heart if I woulda had big brass ones as a newbie I woulda chucked 7.5k down for BTC coin vs the Jupiter...just saying
Dead cat bounce anyone?
It might be...it might-enough be to make "legging-in" sensible. I don't know when LTC will bottom-out either.
I'm hodlin till the halfin
I'm dumping before that
It's rising back up. Get real!
Ltc will be dumped back to 0.006btc,that is a good entry point
offcourse is 0.006btc a good entry point but i doubt we get there again since there are 3 support levels between thelowest dump(0.0125-0.013) and 0.06. (i mean 0.012 | 0.010 |0.008).
My guess is, this dump can be seen like an opening gap in forex trading. The usual reaction is reverse to mean (0.0225)
or the price will backup where it came from 0.030.
Ltc will be dumped back to 0.006btc,that is a good entry point
Dead cat bounce anyone?
Rather a correction from a dump that went too deep.. Ltc will return to 0.02 and continue a steady increase back towards 0.03 or stay at 0.02 if bitcoin starts some serious moving.
Dead cat bounce anyone?
Don't think so. Imho LTC is safe bet @ ~$5. I think that next stop is 2M satoshi, because it seems that Litecoin is recovering well from the dump.
Dead cat bounce anyone?
Get out while you can, kids.
only your opinion without any arguments?
looking to the volume(flattening) the dump was over at 0.020
now i can see large buy orders at 0.014 and 0.015 on cryptsy and BTC-e
too much kids playing here
Do you know the difference between Chart and Orderbook?
This is the Order Book:
And this is what happend after your post
reminder: I asked for Arguments
Get out while you can, kids.
only your opinion without any arguments?
looking to the volume(flattening) the dump was over at 0.020
now i can see large buy orders at 0.014 and 0.015 on cryptsy and BTC-e
too much kids playing here
I don't know about the dump, but the pump it's not over yet...
Get out while you can, kids.
only your opinion without any arguments?
looking to the volume(flattening) the dump was over at 0.020
now i can see large buy orders at 0.014 and 0.015 on cryptsy and BTC-e
too much kids playing here
Weak hands they will regret selling when litecoin is $100, buy BTC,LTC,PPC and some DOGE and sit back and relax.
I'm not looking to make my money in a few days. It will be 5-10 years before I sell my coin. It's value should be well established, wither that is zero or the moon. I'll keep making regular investments until then; only putting in money that I can lose.
$ 4.43 just now. Peoples that they sold on $8 or $ 9 must be happy now.
Yes, I am very happy! I also bought more at just under $4 and will think of selling some off at $5 if it can break past it again soon.
Otherwise even if it falls back under $4 again, I am comfortable holding as the block halving is still a little while away and I think we have more upside until then.
Good for you!
On reality nobody can to know if it will fall until < $1 again, but could be that yes,if this was only a pump,but anyway you have your strategy defined to whatever the case, anyway you get a good profit already.You are a smart guy.
Sorry, I didn't mean to come across as conceited, but now re-reading it I see that it was. I was (am) just excited as most of this is fairly new to me.
I dont think that you looks conceited, Is normal be excited or happy when you get profit, The same apply when you are in a loss you are sad.
So only relax and enjoy!.
EDIT: You finally did that say topic: Get out while you can, kids or in other words , you sold on time such as now.
Get out while you can, kids.
Thanks for the heads up Haz!
I had 41LTC from my mining days long ago & bought 41 more (@ $2.47),just wait,LTC will rise again.
I'm hodlin till the halfin
I'm hodlin till the halfin
$ 4.43 just now. Peoples that they sold on $8 or $ 9 must be happy now.
Yes, I am very happy! I also bought more at just under $4 and will think of selling some off at $5 if it can break past it again soon.
Otherwise even if it falls back under $4 again, I am comfortable holding as the block halving is still a little while away and I think we have more upside until then.
Good for you!
On reality nobody can to know if it will fall until < $1 again, but could be that yes,if this was only a pump,but anyway you have your strategy defined to whatever the case, anyway you get a good profit already.You are a smart guy.
Sorry, I didn't mean to come across as conceited, but now re-reading it I see that it was. I was (am) just excited as most of this is fairly new to me.
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