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Topic: When Litecoin dips really low in price, I am buying a LOT! (Read 449 times)

full member
Activity: 983
Merit: 100
Bullish pressure on Litecoin (LTC) seems to have run out of steam. My analysis that cryptocurrency tends to repeat its historical cycle and LTC prices also seem to be repeating the cycle that brought it to an all-time low around the $ 20 price level. I personally am very hesitant to invest in LTC at this time.
hero member
Activity: 2128
Merit: 520
I am not sure the price of LTC is currently affordable for buying a lot, the situation can change to even worse if the market participants don't want to wait for the pullback on the crypto charts. The difference between the previous and recent years can speak for itself and considering the changes in the altcoin market buying the worthful coins looks a better investment to me.
Buying worthy alts give investors a chance to earned a lot once the market start to pull up and bounce  to the last ATH, every investors have it's own mindsets to where to position their investment entry and what will be the set for the sell targets.

If you believe that market will range up after the big dip, you'll catch the right timing and earned a lot from this project.
sr. member
Activity: 910
Merit: 254
Over the years, Litecoin has been reliable for surging when BTC price pops.  Last winter I bought 15 LTC at $30 each, along with many other alt coins.  However, I foolishly didn't sell it at $140 a few months later and the price has retreated.

So I'll be ready for the next price cycle.  Buy low sell high!  When I feel the price has bottomed, I will buy hundreds of LTC.

I didn't sell my LTC for $140 in June because I thought BTC was beginning its next huge price swing, and it didn't last.  Like me in my wife, it shot its load too soon.   Shocked
It was quite a good time when LTC hit $140 in the previous years but now its down due to dump situation in the market but yes its good time to buy litecoin as its cheap now and when btc will surge its also going to hit $140 or even higher again so i am going to hodl it until that time to gain much higher profits.
legendary
Activity: 1890
Merit: 1003
I am not sure the price of LTC is currently affordable for buying a lot, the situation can change to even worse if the market participants don't want to wait for the pullback on the crypto charts. The difference between the previous and recent years can speak for itself and considering the changes in the altcoin market buying the worthful coins looks a better investment to me.
hero member
Activity: 1470
Merit: 509
Over the years, Litecoin has been reliable for surging when BTC price pops.  Last winter I bought 15 LTC at $30 each, along with many other alt coins.  However, I foolishly didn't sell it at $140 a few months later and the price has retreated.

So I'll be ready for the next price cycle.  Buy low sell high!  When I feel the price has bottomed, I will buy hundreds of LTC.

I didn't sell my LTC for $140 in June because I thought BTC was beginning its next huge price swing, and it didn't last.  Like me in my wife, it shot its load too soon.   Shocked
If you bought it from $30, you made the wrong choice by expecting a price above $140. I am sorry, but it is greed. The expected halving of LTC and Charlie's tweet would not remain an effective news until the end and you should act consdering that. In the next days I do not think there will be any news expected from LTC, probably it will go up when the market rises. You should learn from this mistake and be more careful in the future.
member
Activity: 1764
Merit: 10
Litecoin will show itself and will grow in price when cryptocurrency growth begins, because all the top altcoins will not stand still and will certainly grow when manipulators begin to pump the market and with litecoin it will be the same, so you should wait for the moment when the cryptocurrency market will begin to grow and up to this point, increase your portfolio by investing in such top altcoins as litecoin.
sr. member
Activity: 658
Merit: 256
Freshdice.com
Over the years, Litecoin has been reliable for surging when BTC price pops.  Last winter I bought 15 LTC at $30 each, along with many other alt coins.  However, I foolishly didn't sell it at $140 a few months later and the price has retreated.

So I'll be ready for the next price cycle.  Buy low sell high!  When I feel the price has bottomed, I will buy hundreds of LTC.

I didn't sell my LTC for $140 in June because I thought BTC was beginning its next huge price swing, and it didn't last.  Like me in my wife, it shot its load too soon.   Shocked
Litecoin is really one of the promising cryptos in the market. It would be a great investment despite of the negative market behavior we are having at this moment. You may also consider other cryptos such as XRP, BTC and the likes but I would still remind you of the risk if you would invest huge amount of money on these coins. The market still is showing complexity and no assurance yet on when will recovery take place. So be mindful of the amount that you would invest, only invest an amount you can afford to lose.
hero member
Activity: 1008
Merit: 501
LTC is a great investment. Every Bitcoin price pumps help the Litecoin and other major altcoins too. Though I haven't seen a normal big growth in Litecoin without the Bitcoin price increases. When LTC hit 145$, Bitcoin wast hitting almost 14K USD, so that was normal! Right now the crypto market condition is not that good, so, it is the right time to buy some Litecoin, Bitcoin, and others, and you made a good choice! I hope very soon Litecoin price will grow with the Bitcoin price!
sr. member
Activity: 1596
Merit: 335
I have bought litecoin as well and have been holding it for months but I only have a certain goal and I'm not aiming for a very high profit because that could only result in losses in the future. We should know how to set limits and control our emotions even during the hype. Litecoin has a huge potential and I have no doubt that if we'll only wait for the right time to sell, we'll surely gain a good profit through it.
sr. member
Activity: 1274
Merit: 252
Over the years, Litecoin has been reliable for surging when BTC price pops.  Last winter I bought 15 LTC at $30 each, along with many other alt coins.  However, I foolishly didn't sell it at $140 a few months later and the price has retreated.

So I'll be ready for the next price cycle.  Buy low sell high!  When I feel the price has bottomed, I will buy hundreds of LTC.

I didn't sell my LTC for $140 in June because I thought BTC was beginning its next huge price swing, and it didn't last.  Like me in my wife, it shot its load too soon.   Shocked
Are you sure you want to do that? think more rationally, because maybe the price round doesn't happen. Act according to market conditions, I'm sure many experience the same thing as you. When prices are low it's a good place to buy but it would be better not to wait for high profits and try to sell at definite profits.
sr. member
Activity: 756
Merit: 251
When I did buting at dips before, I experienced loss when I buy at dips because I thought that the price is now cheap and there is a dip that happens again. I cut my position because I know that it will go down more. LTC is a good coin but I do not have plan to buy dips at it.

The track record of Litecoin is clear enough that it is not a disappointing coin nor a disappointing project. When I buy at a dip thinking that it is already hitting the lowest point and it turned out that I was wrong, I would rather HODL it rather than sell it with a loss with the goal of cutting my loss. That is not practical for me.  At the end of the day, there will always be a rebound for Litecoin.

yes you're right, rather than selling it better to wait a little longer. because ltc is one good altcoin. so sooner or later in the end the coin will surely rise. and one more buy is also good, it will increase profits when the price rises later. I also sometimes do this. rather than selling, buying more is more profitable. what more for large coins like litecoin.

Instead of selling at a loss to prevent more losses, one could instead buy more so that by the time the price changes direction, you will have more profit. And one more thing, a loss in terms of USD price value is not really a loss. It is just the price moving. But if you decide to sell, then that is what loss means. That cannot be recovering its price anymore because you are already selling it at a cheaper one.
hero member
Activity: 1778
Merit: 504
WorkAsPro
That is actually a good plan, ltc several times has been a better choice than btc, the rising is pretty good, and there are some rumors mention that something big is waiting to happen, I already stock some ltc for long time investment and if a lot of people think like this then maybe ltc could bring a lot of profit in the future
Litecoin has probably been the biggest coin decline in the last 3 months and this is considered a very good opportunity to buy cheap because I believe that in the next few months LTC will have many new growth. The current price of $54 is a very cheap price and if you choose to invest in the long term, this will be an investment worth waiting for in the near future. I personally believe that LTC will soon have many big changes and this coin will increase in the spring of 2020.

Of course, everyone wants to make a profit in this market but choosing the right time to invest is very difficult because the big fluctuations can greatly affect your investment.
jr. member
Activity: 199
Merit: 1
I do not understand why people are still shilling Litecoin. For me it is a testnet for Bitcoin, nothing else. Why would you use Litecoin, when you have Lightning Network? Litecoin palns to add privay feature, but Bitcoin can also add this feature.  Smiley

I couldn't care less what Litecoin is ever used for.  If it is ever used for anything.  All I care about is Buy Low + Sell High = PROFITS!!!!!

Last winter I watched the LTC price steadily dribbling downwards.  I could have bought it at $23, but I was waiting for it to get under $20.  Then it started going up, so I had to do an OSHITHURRYUPANDBUYNOW!!!!! thing.  And I got in at $30.

I'm hoping for similar price moves this winter.  If I'm lucky I will time the bottom a little better.
full member
Activity: 1024
Merit: 100
When I did buting at dips before, I experienced loss when I buy at dips because I thought that the price is now cheap and there is a dip that happens again. I cut my position because I know that it will go down more. LTC is a good coin but I do not have plan to buy dips at it.

The track record of Litecoin is clear enough that it is not a disappointing coin nor a disappointing project. When I buy at a dip thinking that it is already hitting the lowest point and it turned out that I was wrong, I would rather HODL it rather than sell it with a loss with the goal of cutting my loss. That is not practical for me.  At the end of the day, there will always be a rebound for Litecoin.

yes you're right, rather than selling it better to wait a little longer. because ltc is one good altcoin. so sooner or later in the end the coin will surely rise. and one more buy is also good, it will increase profits when the price rises later. I also sometimes do this. rather than selling, buying more is more profitable. what more for large coins like litecoin.
full member
Activity: 821
Merit: 100
Volare.network
Over the years, Litecoin has been reliable for surging when BTC price pops.  Last winter I bought 15 LTC at $30 each, along with many other alt coins.  However, I foolishly didn't sell it at $140 a few months later and the price has retreated.

So I'll be ready for the next price cycle.  Buy low sell high!  When I feel the price has bottomed, I will buy hundreds of LTC.

I didn't sell my LTC for $140 in June because I thought BTC was beginning its next huge price swing, and it didn't last.  Like me in my wife, it shot its load too soon.   Shocked

don't give up because there is still another chance. Litecoin is still worth investing, so your decision to buy more is not wrong. but the advice is always to use the target every time you trade, because the target is very important. don't be a greedy person, you feel it more. so try not to experience the same thing in the future.
sr. member
Activity: 756
Merit: 251
When I did buting at dips before, I experienced loss when I buy at dips because I thought that the price is now cheap and there is a dip that happens again. I cut my position because I know that it will go down more. LTC is a good coin but I do not have plan to buy dips at it.

The track record of Litecoin is clear enough that it is not a disappointing coin nor a disappointing project. When I buy at a dip thinking that it is already hitting the lowest point and it turned out that I was wrong, I would rather HODL it rather than sell it with a loss with the goal of cutting my loss. That is not practical for me.  At the end of the day, there will always be a rebound for Litecoin.
hero member
Activity: 1274
Merit: 516
That is actually a good plan, ltc several times has been a better choice than btc, the rising is pretty good, and there are some rumors mention that something big is waiting to happen, I already stock some ltc for long time investment and if a lot of people think like this then maybe ltc could bring a lot of profit in the future
sr. member
Activity: 1456
Merit: 359
When I did buting at dips before, I experienced loss when I buy at dips because I thought that the price is now cheap and there is a dip that happens again. I cut my position because I know that it will go down more. LTC is a good coin but I do not have plan to buy dips at it.
hero member
Activity: 1666
Merit: 502
Over the years, Litecoin has been reliable for surging when BTC price pops.  Last winter I bought 15 LTC at $30 each, along with many other alt coins.  However, I foolishly didn't sell it at $140 a few months later and the price has retreated.

So I'll be ready for the next price cycle.  Buy low sell high!  When I feel the price has bottomed, I will buy hundreds of LTC.

I didn't sell my LTC for $140 in June because I thought BTC was beginning its next huge price swing, and it didn't last.  Like me in my wife, it shot its load too soon.   Shocked
I often experience things like this in trading, the most peak when prices continue to rise in 2017, almost as long as cryptocurrency to the moon. All I do is sell when it hasn't fully peaked yet, but I realize I'm sorry there's no point and I don't know it will go up that high either. What you will do to buy LTC is a good choice, but you also need to understand the market situation. In my opinion the market could have done the reverse with last year's price history.
sr. member
Activity: 2030
Merit: 269
Over the years, Litecoin has been reliable for surging when BTC price pops.  Last winter I bought 15 LTC at $30 each, along with many other alt coins.  However, I foolishly didn't sell it at $140 a few months later and the price has retreated.

So I'll be ready for the next price cycle.  Buy low sell high!  When I feel the price has bottomed, I will buy hundreds of LTC.

I didn't sell my LTC for $140 in June because I thought BTC was beginning its next huge price swing, and it didn't last.  Like me in my wife, it shot its load too soon.   Shocked

15 LTC at $30 each?? You're lucky to buy that 15 Litecoin at that cheap price even if you did not sell that at its all-time high you are still in profit, and you should not sel it at this point of time Bitcoin halving is coming and when Bitcoin move up all the coins are going to move up also and that includes Litecoin, I will be happy if I can sell it at three times profit, but it still a good time to accumulate more. 
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