/biz/ - Business & Finance

>pray to Our Lady of the Lite, that she may deliver us from this dip

>and from the depths of the dip, a green candle emerged

I'll buy link when it dips below 100 again

>>29479434
lite*

this garbage doesnt deserve a general thread desu im this close to filtering ltc and litecoin

Why do we keep getting archieved bros?

>>29479281
bruh I bought at like $220 and now im fugged

>>29479701
210-faggot here. I'm fugged too but I'm holding like a champ pardner

>>29479776
you only lose when you sell!

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>29480114
Exactly. I'm no loser pardner. Some fella in the last thread said the RSI was looking good. Mane, it's nearly 70 how the fuck is it good!?!?!

>>29479204
Thinking of buying now, should I or do I wait

>>29480573
My dad and I had a buy order in at like 121 in July of 2019 and it didn't clear for almost a year and a half. Sometimes it just takes time

>>29480648
Jesus Christ. I just have 2 LTC. No quick 1-2 punches this year.

>>29480624
I'd buy in, cryptos are crashing now but they should continue their insane parabolic rise after this dip

Don't worry frens, it'll all be okay. We're not going anywhere. Keep accoomulating if you can!

>>29479609
most recent one was my bad, stepped out for 20 mins and upon return thread was dead

>>29479701
>>29479776
>>29480126
>though we stand battered and bruised, we stand

>>29480648
got my dad in last year with 100 at 100, he a happy boy

just cooling off before the next rally

Lite coin is always a safe bet. Might be the most boring crypto out there but it has always given me good easy gains. Don’t fret too much holders, your patience will be rewarded

will it ever dip below 100 again?

>>29481122
Considering we might not see as deep bear seasons anymore id say 50/50

>>29481047
I hope this patience is as long as couple of months. I really need it bro :(

>>29479204
Sold this shit for bnb, waiting for a 5x within 15 days. Ci Zi got approval from the CCP chairman to pump bnb to the heavens.

I might come back to ltc one day.

>>29480981
right on, this needs to happen intermittently during parabolic bull phase. we must go vertical AND sideways, can't go vertical only

>>29481047
i've nothing to fundamentally back this feeling, but it's my perception that litecoin is even safer than bitcoin, merely down to the amount of attention, good or bad, bitcoin receives. sometimes second place is optimal

>>29481122
extraordinarily unlikely, though possible. no reason to hold out in hopes of buying sub 100, at risk of missing this dip

>>29481689
this is my plan. my end game is ltc, but going to build my stack heavy first.

>>29479204
Hijacking this thread to ask, are BTC transactions really slow for anyone else? I moved 0.01 BTC from Goybase to Binance nearly 2 hours ago and it's still orange Pending with 0 confirmations.

updating copypasta with PayPal press release about crypto on PayPal, Venmo platforms. expected early 2021

The Mimblewimble code release is on March 15th, by then we will have recover from this correction so it will be a perfect scenario for us to go 1.5x

>>29483569
Yeeeee haw!

>>29479776
>>29479701
I bought in at like $240 because im dumb and listen to my friends hype but I just bought in more time to bring this average down baby

Just put $1000 into LTC did I fuck up lads?

Anons, let's say LTC started gaining mad value... My question is:

When would you sell? I just have 2 LTC so what would make sense for me?

Ltc was the only coin to not break ath this bullrun

>>29483904
240? Dude you are getting anal penetration atm. Like I'm not bad compared to you.

>>29481432
Idk about months dude. This doesn’t feel like 2017 but you really need to think of the long term game more than anything. If you sell at 170 or 100 you might regret it when it goes to 500 or even 1000.

>>29482172
I’ve only got my experience as evidence. It seems less volatile than a lot of other coins and people just tend to forget about it until it moons. Whenever no one is talking about LTC is the best time to buy.

>>29479204
the shittiest coin after LINK

>>29484275
I'm definetly not selling at 170 like a retard and losing money. I would love 500-1000 but I don't want to wait 2 years for 1000-2000 bucks. What do fren?

>tfw bought $20k+ at 235

>>29483974
no but I fucked up buying last week instead of waiting for this dip

>>29484067
>DCA in, DCA out
just as you would accumulate across many acquisitions, perhaps to capture dips, sell small amounts in limit orders on the way up, or when price considerably appreciates

>>29484275
>Whenever no one is talking about LTC is the best time to buy.
based deep value investor

I bought 13 ltc at 240

im thinking btc and ltc still need another fat red candle from here
setting buy orders in the 140s

>>29484683
sorry to break it to you, but that isn't happening retard

>>29484411
This isnt project for fast money, try bnb

>>29484411
I’ve always invested money I could lose, so waiting isn’t a big deal for me. If you can buy more and you believe in the project (I do personally believe it’s going to go to 500 eventually) then invest according to what you can afford to lose thinking also the gains it’s going to give you. There isn’t a get rich quick method here IMO, if you’re really impatient try your luck with any of those PnD shitcoins that are shilled here, you might catch a 5x or you might lose it all.

>>29484729
Fast money on crypto is like 1 day pump and dump pajeet scams. I'm talking I have months. I dont have years bby

>>29484834
Yeah that's the problem bro I used all my "what I can afford to lose" money Oh well bro We gotta wait and see

>>29484857
Yeah you gotta be ready to hold for years if institutions get in big

>>29479204
what would happen if we shill LTC to leftists as the "working man's coin," the "poor man's BTC?"

>>29479204
Few hours before correction LTC flash wicked to about 335 USD on Czech republic exchange... Looks like someone knows...

>>29484683
i don't agree, most analyst warned about 20% retrace in BTC
we had that

>>29485201
Yeah no one wants to see those 1.5 ltc buys

>>29484721
this things failed breaking out at 180 three times now and its forming a pretty clear rising wedge. you think its just going to vertical from here?

>>29485289
OH FUCK LETS GO LMAO

>>29485474
You should be looking bitcoin today, its only following it right now

Can someone explain to me why LTC is not following BTC very well?

>>29485474
>failed breaking out at 180
it went up to 240 before btc brought down the whole market lol if btc stabilizes between $48-50k you'll see alts begin to gear up for another run

>>29484963
this, patience pays

>>29485289
big if true, thanks for sharing. can we have a source on this?

>>29485699
yes, bitcoin is doing the exact same thing but with $50k

I’m the reason litecoin is stuck underperforming. I’m sorry guys but I am afraid to let go of my 1.9 coins because I know it will reach ath when I do.

>>29485783
i wholly expect alt season to start when BTC starts crabbing, all im saying is that "if" BTC stabilizes here is a big "if"

>>29485810
7 135 CZK equals something about 335 USD. Exchange is not on tradingview but it is what it is.

>>29479204
Stay true in your conviction. Lead us away from any fiat temptations. We are men of the light. We will shine where darkness cast its shadow.

>>29486276
WHOA thank you sir, this is big news. had trouble finding it myself, appreciate you sharing

anons, wasn't there a similar case where bitcoin was bought last year for a million USD on some Russian exchange?

>>29484411
Wank in the mean time.

Forgot my pic.
>>29486386

>>29485749
Check out last bull market

Litecoin benefits when Bitcoin has completely overheated, the fees get retarded and people start selling into other alts. Why Litecoin? It's sufficiently liquid, only reason why.

Fellas, is it a good time to buy LTC?

>>29486993
I would, but check those links op has pasted

>>29486386
>>29486471
that sentiment is poetry to these ears. for this thread however, you misspelled:
>we are men of the lite

>>29486993
blood in the street, litecoin in my wallet

Get in

>>29488043
I sold everything last night
I am so shit

>>29488043
*BBZZTTT* *BBZZZZZZTT*

>>29488043
impressive doji there on current month candle

When should I buy

>>29489052
the bottom is now

Fed may be making digital dollar. Time to start buying up crypto before you aunt and uncle cause the rocket

i like this wedge

bought at 240 but still comfy

>>29489074
Ya think?

>>29489288
how can you convince yourself this wedge is a good thing? I admit I'm biased, because I want to get in at an even lower price point before we launch off, but this is an ascending wedge in the middle of severe correction. Do you really see it breaking up and going vertical from here?

What are your guys' current stacks?

>>29489672
If BTC can't stay above the 20-day moving average which is currently $47.7k it'll dip lower. If BTC stays above that and stabilizes then it's the new local bottom, seems like it's pushing downward right now so you could wait for a better entry

>>29489909
Only if btc stabilizes around $48k if not, we're going lower

>>29489909
certainly could break lower, though support at prices lower than here was tremendous. double bottom could readily become a triple bottom should we break lower out of the wedge

the shape at this bottom is really encouragin, three quick deep stoccato-like tests of the low, each of them repelled. the shape on monday's dip was round, lethargic, lazy, couldn't tolerate a serious retest of its lows. good signs here, i'm convinced a test of $167 would hold

I trust in our lady of the lite, I feel no fear

>>29489909
>>29490645
*staccato, like stack-atto, please excuse me I've a habit of misspelling that word

>>29490300
i think this cycle there's a possibility a lot of anons, even here, seem to discount, that litecoin dramatically outperforms bitcoin to unprecedented degree deeper into this cycle. the energy and tension attached to BTC's huge price tag has in recent weeks inspired some giant candles, in terms of true range, on the BTC/LTC chart (second week of Feb, 70!!!! Litecoin range on that candle) which might not be so readily apparent on the LTC/BTC. Litecoin that week up over 40% against the dollar, comparable to Bitcoin's 25%. another couple weeks like that and we're much of the way back to previous LTC/BTC highs ... and all this before the crazy money appears and pushes things to extremes, or beyond

>>29491325
hodl on, liteknight

should i buy now?

Am I a FUCKING fool for buying at 174 instead of waiting

>>29493361
not as big of a fool as me, I sold at $160

>>29493293
yes (not financial advice)

Newbie here, what should I be using for my purchasing of LTC? I just got verified on Binance for BNB, should I use something else like Coinbase for my other currencies?

>>29487388
thanks for proofingme

>>29493361
I was a fool, buyin at the top, thinking this circus will keep going. Now I'm buyin at the bottom and life is good.

>>29489288
>>29489909
>>29491817

wedge has broken, albeit softly and into established and proven support. not enough distance to gather any serious earthbound velocity!

>>29495451

I will ride this thing out to the end of the week, but I am hella frustrated. I pretty much missed out on this whole bull run by mostly holding LTC.

I just sat here the past month bleeding sats, waiting for the magical run to get us up to 0.02 BTC, then BTC crashes, and of course LTC just crashes even harder.

>>29496118
hard to believe in a coin when the creator dumps all of his in the first bullrun.

>>29496118
I'm doing this too but I'm not sure if I would sell after a week.

>>29495451
Kek. Look at BTC charts. We are at an All time Low price. This is the time boys, fucking stack em

>>29479593
This
You can take a dart throw it at coinmarketcap and pick out any coin and would have gotten better gains than this coin.
Anyone saying litecoin is a comfy hold is fucking either retarded or lying to you. Buying ltc is the ultimate cuck

Comes as no surprise to me that "1 post by this ID" which introduces itself to thread with immediate fud complains about a coin not performing within the parameters of their 1-week time preference

>>29497184
i spent all my btc on this yesterday lol it's a nobrainer for me dog

still comfy. might buy more later idk

>>29497907
Based

when moon sirs

>>29498500
next week

>>29498500
two more weeks

>>29498500
3 weeks

>>29498500
Four weeks anon

>>29498500
Give it atleast 5 weeks good sir

>>29498500
six weeks looks like

>>29498500
Safe to say it's a good 6 weeks from mooning

>>29498621
>>29498710
>>29498737
>>29498872
>>29499087
ok sounds good

>>29498500
Seven weeks, easily. Seven is a good number.

>>29499251
>>29499264
doesn't sound too bad either

>>29498500
>>29498621
>>29498710
>>29498737
>>29498872
>>29499087
>>29499251
>>29499264
>>29499310
>>29499342

I WAS PROMISED $300 EOW
>love me this new meme

>>29499423
the week is still young, WED it will hit the floor for a Thursday sky rocket. screenpcap

>>29499588
>screencrap
>dubs
Sky rockets in flight

>>29499588
Paycheck just came in, bought more ltc

If any of you are familiar with LVL, just opted in today to their Arbitrage beta feature of the existing Yield Farming program. Kinda neat exchange and banking services, BTC, ETH, LTC exclusively, whose liquidity is supplied entirely by individual yield farmers, apart from the external liquidity which yield farmers will soon have access to

>>29495451
bro come on. i respect what you're trying to do here but the only chart that matters at the moment is bitcoin and that could easily still break down.

I don't like how I'm losing money, lads. All I wanted to do was make enough money to live my life and support my aging parents.

>>29501456
Breakdown to where? We are scraping the floor on the LTC/BTC chart you absolute fag

can anyone plz post the prophecy ltc/btc chart?

>>29501797
if LTC stays stable on the LTC/BTC chart and BTC goes down where does LTC go?

How long will the cucking last?

THANK YOU TO THE FAGGOTS SHILLING THIS SHIT AND MAKING ME LOSE ALL MY MONEY

>>29501908
up

>>29501846

It'll go back up right guys

>>29502220
eventually

>>29501456
>>29501908

It's a means of measuring selling pressure at these levels, which has weakened considerably. Be mindful that correlation does not imply causation

>>29501757
>>29501986

Don't sell, can't lose

>>29501797
>>29502007

Bobo's powers have exhausted

Wtf is happening

>>29502410
Hell is being unleashed.

>>29501432
>If any of you are familiar with LVL
Im familiar with BVLL

>>29502282
R-really?

>>29502649
yes.

>>29502699
Ok I believe you

>>29502617
Fuck you.

ALL I DO IS LOSE LOSE LOSE NO MATTER WHAT

>>29501908
downer. lower mcap usually makes it swing the same direction but much harder

Don't sell. If you bought high and have some fiat, buy the dip and cost average down.

>>29501908
Bump because literally exactly what I said could happen is happening

>>29503100
I burst'd.

I am financially ruined.

>>29493871
Nevermind, we're back to my selling point. I almost bought back in. Holy fuck.

>>29503647
I think it's unironically about to explode. Any minute. Btc need only make a small, slow recovery

i lost about 35,000 usd on this so far, let's go litetards

month of gains, gone, btc -15%, ltc -20%
piece of silver shit

>>29503855
I applaud you on joining me on the quest of holding the bags, lets hold them together

>>29503979
this bag is actually pretty lite

>>29503979
the chart is about to do a golden cross on the weekly, but fuck me for trying to ride that wave instead all i got was these fucking lizzo bags. you faggots should call this shit lizzo-coin because of how heavy my bags are

>>29504335
it only gets heavier

>>29504422
when it gets too heavy you put it down for a couple of years

>>29504516
when the bags get too heavy just burn the private key

>>29504516
>when it gets too heavy you put it down for a couple of years
funny you should say that, been holding since 2018

>>29504628
blasphemy. go now, repent before
>Our Lady of the Lite
>>29479281

>>29505299
repented

>>29505449
and the lite smiles upon ye

This.. This was my final leveraged swing before i just "felt" a strong sense of urgency and stayed my hand from re-entering on sunday.

charge forth from the depths of this dip, liteknights

>>29505956
yes my lord

>>29505956
I've ridden horses. Prefer cars but I can see why people would like it.

I now own 10.2 LTC

Hey knight litecoin picture guy, make next photo where is knight and tesla

>>29505922
strong intuition, done well to trust that

>>29506849
>this fren bought the dip
excellent work

>>29507355
here you go

Full rectum

https://www.zerohedge.com/crypto/what-janet-yellen-gets-wrong-about-bitcoin

if anybody hasn't read yellen's recent comments on BTC ... this is what we're up against:

>“I don’t think that Bitcoin is widely used as a transaction mechanism"
>“To the extent it’s used, I fear it’s often for illicit finance”
>“It’s an extremely inefficient way of conducting transactions, and the amount of energy that’s consumed in processing those transactions is staggering"

our enemies don't stand a chance

normies are too smart to buy LTC. whats the point bros

literally new ltc/btc bottom

>350k satoj

Guess I was wrong for today. The bleed never ends, gents. The bleed never ends. HOOOOOOOOOOOOOOOOOOOOOOOOOOOODLllllllll

>>29510033
I don't have the FUNDUS

>>29510098
Where is the floor. For the love of Christ.

SOMEONE SHOW ME THE LTC/BTC FLOOR. 350K sats? I am looking for a bridge. Someone show me the floor before I find one.

>>29510622
That was it

I HAVE FOUND A BRIDGE. So long. I will find the floor one way or the other. I was hoping to find the LTC/BTC floor but the real floor will do. So long.

ltc always dips below the daily while btc barely touches it, what a fucking shitcoin

Reveal me ATH of this rally.

>>29511899
>99
$199
i'll take it

I HAVE REACHED THE FLOOR AND I AM STILL ALIVE. QUNTUM IMMORTALITY IS REAL.

And i have also found the LTC/BTC floor it is 350k sats. We are now on 360k sats. What a bounce.

>>29512047
You missed some digits anon.
>$1899

>>29512127
no u
>$11899

stumbled on the semantics between "ATH" and "this rally"

>>29512127
The next few months will determine if this sentiment is generally correct. (Prob not actually $1.5k. That's ridiculous.)

>>29480624
Buy now. It is very low

If I'm understanding Binance correctly, I have to first buy BNB before I buy LTC? Somebody tell me I'm retarded, that doesn't seem right.

>>29512839
You can use BNB to reduce trading fees but it isn't required.

>>29512839
No? There's a LTC/USDT pair.

>>29512127
>>29512237

and by all means, i feel numbers like $1500 run the risk of setting our sights too low. anons repeat ad nauseum, "litecoin can't possibly hit X price" or "LTC won't ever reach Y ratio to BTC"

i understand market timing is fallacious, and it's wise to take profits on the way up. but to artificially impose an upperbound? nobody builds wealth that way. that's like back in 2017 saying "bitcoin can't possibly be worth more than gold"

>rant complete

>>29513228
So what is the top on LTC/BTC.

Riddle me that you ranting faggot.

>>29512971
>>29512982
Great thanks anons

>>29513639
Matthew 24:36
>No man knows the hour ...
I'm extraordinarily confident in my declaration that I don't know what it will be, and you're foolish to ask such a question

My point here >>29513228 being, it's entirely possible that anons expecting a top at $1500 or 0.02 may then sell out ... only to watch in horror as performance continues at multiples their prior expectations

>>29513962
I hope you're right, Anon. Litecoin is almost half of my portfolio.

>>29513962
if there's one thing I've learned it's to never sell your whole stack

I hope it dips tonight so I can buy MORE

>>29514088
i'm heavily into litecoin too, fortunately at a comfy basis price

>>29514119
yes, much wisdom in this, coupled with the corollary:
>don't be such a fool as to profess what will be

>>29513962
I will accept foolery if you accept faggotry.

0.023BTC that is the ultimate top. Or i will suck on a dildo in public.

>>29514513
I'll buy on top just to make you do it

>>29515007
What sort of sick fuck are you? To want to see another man suck on a fucking dildo. But so be it. I rather be a rich dildo sucker than a broke pussy licker.

>>29515007
>poker-table pepe
>007

dangerously based casino royale-poster

>>29480624
Best you'll get is 2x and even that's unlikely. If you're looking for a decent hold buy Stellar. At some point over the next few years it's literally going to fucking explode.

Fuck yes.

>>29516065
Ha, no.

litebros... be honest with me please.. is the bullrun over?

Just opened a 5x long. Guess we Will crash even further now, sorry gays

>>29516492
Nope

>ltc starts dumping
>teach hooker how to set up litewallet
>send her money which probably lost 15% overnight
She was happy to learn though. We did 69 with no protection

>>29516500
>500 get
>5x long
a good omen

>>29516492
not on your life

>>29516315
Nigger Stellar's only problem is brand recognition. Unlike most other coins it's already doing what it set out to do rather than operating on a promise and it's backed by several major banks. On practicality alone Stellar should be at the top of the chart and the more we move into an age of integrating real world crypto use the higher up the chart it will move. If you aren't holding you're straight up retarded.

>>29516492
Square just bought another 3500 BTC for 170 million. This is just backwardation, it wont be over for another 10 months at least. This is the run up phase, like 2016/early 2017. You really think alts like DASH and LTC that had ~2k and ~450 ATH's last time are going to cap out at a fraction of that this time?

https://www.youtube.com/watch?v=0akBdQa55b4

When will I ever be happy? It's fucking 173

>>29516771
Oh wow, niggers and banks, I love those so much. Nobody wants your shitcoin and thats why youre shilling it in a litecoin thread. LTC has a massive first to market advantage and is in every ATM beside Bitcoin. Its at record lows compared to Bitcoin and always spikes back up. Now is the absolute best time to buy it, and then long it too against BTC. Stellar on the other hand, throw it in the garbage. If you gave me stellar for free Id sell it and buy shitcoins.

LET IT GROW! LET IT GROW! LET IT GROW!

>>29516915
Eth dropped from 2k to 1500, LTC dropped from 240 to 160. Imagine not betting LTC will go up 40% before eth, which was already clogged and dying, will go up 25.

>>29516604
>>29516677
>>29516914
Thank you friends... I always come to ltc generals when I need some emotional strength

>>29518116
>first, manage your expectations
>second, manage your emotions
>third, manage your portfolio

wrote this in a previous threat, find it sound advise myself

>>29518116
LTC moons violently with little warning, last time it ran up to 50$ slowly and then rocketed up. We havent even hit our 50$.

>everything pointing to 1k litecoin in 2021, the stars align, the market is perfect, the bull run isn't over
>big crypto discount
>round 3 of stimulus checks soon
how much have you stockpiled?

The depth resistance to 240 is very low, IMO.

We really just need a good week or two and it should be a pretty easy hill to climb.

>>29518881
I dont talk numbers but I reloaded my margin account with more to long against, against BTC. Just look at that LTC/BTC chart without cooming.

Frens my payday is friday. Will the sale last until then?

>>29519310
Not likely desu.

>>29519310
Anything under 160 is a good idea

>>29519310
just lmao. it's tuesday. dis gonna be at $275 on friday.

here's a fun one: prior litecoin cycle performance extrapolated to this cycle. big run from $1 to major consolidation around $50 (in fact a peak in the 90's and crash to low 30's)

>>29518660
>last time it ran up to 50$ slowly and then rocketed up.
>We havent even hit our 50$.

in the hypothetical case we repeat the previous cycle, what then would be our $50 this time around? approx $1250, ultimately topping around $8k. which if any of who have seen my BTC previous cycle extrapolation applied to LTC, we get an eerily similar figure

>>29520022
Set a Buy Order at $170 for $600.

>>29520022
Ain't hitting 160 anytime soon

>>29520161
picrel, bitcoin prior cycle

When sell if buy at 172

>>29520161
>which if any of who have seen my BTC previous cycle extrapolation applied to LTC
Yea, I had that idea too. Its going into the thousands.

>>29520488
Unironically may never be 160 ever again.

>>29520161
this number is corroborated in picrel, which is based on >>29520600

>>29520874
deep into the thousands, and without accounting for overperformance

obviously this is merely a case study, but i find the corroboration of those two numbers at approx $8k coincidental

>>29520427
that's a good order, and likely to be filled

in picrel, i expect we may chop around awhile longer inside the wedge

>>29521022
underrated reply, and checked. been waiting for the "we may never again" posts to begin. bullish

>>29521506
Im predicting a 5-800 bottom after the next crash, so yes. If we just go back to bullrun, it may actually never be 160 ever again.

I keep hearing rumors that the IRS is going to require you to report cryptocurrency. How true is this?

I have Coinbase. I really don't want to receive a W2 from them. Is it time to get a new wallet that is off of coinbase?

>>29520684

>>29521975
Is this Art-bro OR the original guy? Or a new guy?

>>29521617
based on calculations referened in my earlier posts, we could expect that same 20x topping maths to apply to the bottoms as well

Litecoin previous bottoms were approx $1 then little more than $20

Bitcoin previous bottoms were $150 then little more than $3000

that would estimate approx $400 for litecoin next bottom, in the region of previous ATH
and 500-800 is very much in the same ballpark

>>29521975
>>29522166
they're using an older version of my copypasta, whoever it is. i posted that we're here

>>29522329
Fuck that shit. We rule the LTC racket 'round here! My name Tony Lasagna

>mfw I was up 60% on this trade
>mfw didn't take any profits and now back to square one but we're no longer in tat parabolic run on 4h
shit I fucked up, should've sold yesterday when it started to look ugly

>>29522959
BTC closing in on 49k. We're getting back to the old ways

>>29523347
man I hope so, today was rough
I added some to my stack at 167 tho

>>29523454
that's a sweet price point. if we have in fact found bottom, you captured a discount equivalent to 90% of the maximum dip

>>29523639
idk anon looks like we're dumping again
would feel comfier if I bought closer to 160

>>29523737
possibly, though every dip past that 167 price point coincidentally has been near instantly repelled

>>29523737
I bought 20 at 160, feels comfy man

It's still a good idea if you can math out the fees.

>>29520427
*cha-ching*
>filled

>>29522189
$2 for every hour it's under $200
Instead of $5
Accumulate low, bulk sell high.

>>29524667
sorry, not following. missing context

>>29520427
Now do the sell the same amount for $180. Profit. Repeat until gains increase.

>>29524755
Every hour ltc was under 170, I bought $5 worth. Now it's under $200, and I buy $2 worth every hour, until it hits 200. Regardless of pump 'n dump

>>29524662
I just hope it's the lowest we're going to go.

>>29524882
ok thanks for explaining, that's a clever DCA strategy. do you automate that or manually check on price intermittently? i like the variable weighted capital allocation

>>29524914
maybe we briefly dip modestly lower, would surprise me if we were dip precipitously lower

>>29524759
It's not really profit, bro. I've got $1200 tied up in LTC already, DCA'd down to $211/LTC. Managed to get it even further down to $198 with this purchase, so I'm hoping I can get it back up to $250 for some intense and tidy profit.

litecoin should be about 1/8 of btc ( 1/4 of supply, plus bitcoin has first mover advantage)

if you think btc is fairly priced, litecoin should be around 7-8k at least.

>>29525644
It's not as simple as that, that would only be true if litecoin had the same marketcap and was worth equally as much as a whole.

>>29525644
shit has been underperforming for so fucking long. the BTC comparisons are stupid and can't be taken seriously anymore

>>29525644
i'll remark here, litecoin's block reward (inflation rate) is currently double bitcoin's

so apply that 2x to the 4x supply factor does agree with an 1:8 ratio ... coincidentally that's a contemporary estimate for in ground silver:gold reserve ratio

>>29525776
though you're right it's never so simple as the maths, pricing is a messy business

*crack* who boomers here gonna watch tucker in 5 *sip*

>>29525776
If you account for the market caps as well as the overall supply, the price for the LTC based on the current price of BTC at $48k is... $173.49
wow how accurate

>>29526890
Get real!

>>29526724
tucker time, boomies *sip sip*

what does sats mean

Not gonna make it, bros.

>>29527658
satoshis, one satoshi is the currently smallest divisible unit of bitcoin
smart people measure altcoins in sats, with their main goal of stacking bitcoin as much as possible

This thread convinced me to finally get some non shit coins (trtl). Just bought some LTC as my first real coin

>>29527746
so just comparing altcoins to bitcoin in a different decimalplace. seems silly but I guess maybe makes sense for shittiercoins.

>>29528014
welcome. It's not going to be as exciting as shitcoins but eventually we will be rich

>>29479204
What is best in life?

>>29528792
"To crush the shitcoiners -- See their rugs pulled from beneath them, and to hear the lamentation of their pajeetas!"

Bump. I'll be around maybe another hour or so, long enough to post next thread. Updated copypasta with a couple lines on PayPal/Venmo crypto integration, I'll include that in next

>>29529038
Absolutely based

>>29525177
I check the price whenever blockfolio alerts me to major btc moves.
Regardless of what everyone says about the company, I buy and sell crypto on paypal. Anything gained or sold is moved to my debit card for a very small percentage. I track it on the app itself, blockfolio, and various trade sites.

But keep in mind, I also got in on btc, eth, bch, and ltc when paypal was doing fee free before the new year. I got the stimulus on January 1st. I dumped it all into those coins.

>>29529656
>>29529657
>1 post delta
>1 second delta
Uwuwuwuwuwuwuwuwuwuwuw

>>29529956
Pretty cool, fren. Respect to your method

>>29530245
Ty bro. Instant gains but like an idiot, I sold the top. But I'm still in it, all, just smaller.

Sold a few days ago because i knew the dip was coming. I'm back in now

>>29525381
LTC is longterm homie

>put 25k in at 230.

been wondering how the bitcoin rainbow can be combined with btc/ltc ratio and rhodl ratio ti pinpoint ltcs ath

>>29521022
Damn waited for that dip to repeat for too long ended up buying at 180

I'm buying back in, expect a crash

>>29479701
Stop acting like an established coin won't go bacc up eventually
>>29479776
Be like this anon

>>29532071
fuck you

>>29521960
what taxes are there to pay if all you do is buy?
and if spent in bitcoin not usd there is no incomes. its up to the company you bought from to pay sales tax is all

>>29521960
it's like reporting foreign accounts, they will ask if you own any and you'll have to disclose how much (they already asked if you own any this year anyways)

>>29521022
>>29532035
>limit order for 160 after a full day of buying the dip
>wicks to 159.60
>doesn't trigger
I unironically blame The Kikes

>>29532142
it dipped $2 when I bought
wanna see me do it again?

>>29532647
Do it faggot
Make it plummet

>>29532647
do it ten times, I dare you

>>29532647
Don't do it! I got stuck with LTC only because I wanted a low fee coin to send I need to get rid of it now that I sent it to my other acc

It's going up again. I'm glad I HODL

>>29533006
Hodl unless it returns to 168

>>29484139
245 here ran out of white monsters

>>29532959
what is this "fees" nonsense? who is committing transactions with this stuff? I thought it was just decentralized speculative assets

>tfw all-in in litecoin
yeehaw
>tfw captcha is tractors

>>29533134
switch to Gold 4lokos, helps with the cope
*sip*

>>29533237
might sip some Hennessy instead

>>29532647
If I'm arguing with a whale, then help us all out, greedy bastard.

>>29533316
not even a whale just a shitty trader who's gambling too much capital

>>29533619
Then swing the price in your favor while you can, we'll all benefit.

You're in this thread because you BELIEVE.

>>29533619
what are you gonna buy a house for your pregnant wife?? faggot

if we get back above 200 Im donating to charity this year

Haven't been on /biz/ for like a week. How's this general holding up after this huge dip?

>>29534367
It's recovering faster than it dipped.
Enough said.

i'm out in a moment. set ya'll up with a new thread for when this one expires, do your best to bump it overnight

/LTC/ - Litecoin General: Sword-from-the-Dip Edition

>>29534583
>>29534583
>>29534583
>>29534583