/biz/ - Business & Finance

I'm sorry LTC bros I couldn't take it anymore.
Holding time is linear but the cost of missed opportunities has become exponential.
Good luck to you.

SELL HIGH

I think it could easily x20 and x30 with an ETF because it has such a ridiculously low market cap compared to BTC and ETH.
LTC has so much room to explode way beyond its $420 ATH ($530 inflation adjusted), with an ETF litecoin could easily reach $2k-$3k, and it would happen this year.
I know the sentiment has been negative in recent months, mine included, but now that the purge is almost completed I'm starting to turn extremely bullish on Litecoin.

>>57237413
ltc is going to pump hard this year

I couldn't see myself holding this garbage another year.
It has been dead for many years on the ratio LTC/BTC and unfortunately soon it will be out of the top 20 while shit scam token are doing x5 gains.
Yes it's unfair and litecoin might well be the most used and useful crypto ever made (a true cryptocurrency) but investing in it was by far the worst decision on my life.
The relief is amazing, finally I can move on from that unbearable failure.

Someone said that for your own sanity you shouldn't start the new year holding litecoin in your portfolio.
I'm thinking that this person was absolutely right, I want out of this fucking trash so fucking bad.
Even in a imaginary world where we would go back to $100-$200, millions of blue balled holders selling pressure will make it absolutely impossible to reach ATH ever again ($420). And inflation-adjusted ATH is actually around $530.
And in the unlikely case we would reach ATH, the cost of opportunity would still be catastrophic compared to everything else.
LTC is in a losing spiral, it's game over and it's never coming back.
Look at the litecoin community getting excited over 5% LTC/BTC ratio that can't even hold for 24 hours before shitting the bed, it's pathetic really.
You would need a 2000% on the ratio just to barely fix that mess.
Litecoin is dead.

>>>>57041558
>>>>57041575

For your information FTX doesn't hold litecoins.
FTX has around ~27k dollars worth of LTC which means pretty much nothing.
So while litecoin price went down with the rest of the market, litecoin has zero risk regarding a FTX liquidation like so many others coins have.
This is a good news and a relief for litecoin hodlers despite the red market.