/biz/ - Business & Finance

this really sucks

>>29875738
it doesnt move at all
which is great, proves it will hit BTC levels in a similar time frame
never been comfier

>>29875891
We in it to win it fren just be prepared to sell a percentage on the first 20%+ bounce like we saw to $200 mid week

>>29875891
>this
is really
>opportunity

>Our Lady of the Lite, help this anon to see that things are truly liter on the other side

why does litecoin have the best aesthetics? there's something cool about it

I can't even look at this shit right now. I'm going to the store to get more sips. Anybody want anything?

>>29875940
>oh, to be comfy, when all about you are losing their cool

>>29876012
one ice-cold patented Monster Energy Ultra sipper, please

Fucking piece of shit. When will it ever gain on sats. Btc will take a month correcting while ltc will be on the absolute floor 145$ and when btc moon again ltc will fucking dump even harder

>>29876202
>>29875988
>>29875980
You're not just married to this coin, you're devoted to it. I'm a bloody fool for following you into this situation.

i'm really close to giving up and selling anons
I lost 8k in a week
this is really a lot of money for me

>imagine being so foolish, as to think only fools are buying at these prices

>>29876418
Don't panic sell anon. Think about this - do you think bitcoin will go up again? If so, litecoin will too.

>>29876418
35k here
But another 125k also on another coin

>>29876202
>>29876319
>>29876534
This. Go look at people drop 50k+ on LTC at these price no problem if you need a confidence booster

Well this is it freefall bottom is 145$ trust me i know I bought at 155$

>>29876418
dude just hold for at least another week. btc futures expired yesterday, it's bound to recover in the upcoming weeks.

Time to buy the dip.

i thoroughly expect to wake up tomorrow disappointed that my buy orders at 160, 159 never filled

either
>you catch knife
or
>knife catch you

i'm neve going to break even on this
fuck fuck fuck fuck fuck
i know it's not LTC, it's every crypto but damn
what was I thinking buying anything this high

>>29876870
>current price $159
Kek

Buying ltc is like swallowing nigger cum

>>29876870
You must be satisfied now that it actually filled.

>>29877333
>checked
more litecoin for me! actually not, not $159 (yet?) on coinbase. i'd log in to check which orders remain outstanding but i don't want to do anything impulsive, best not to second guess

>and from the depths of the dip, a green sword did emerge

>>29877467
Just bought two, looking to grab 10 more if we dip to $130ish

>>29877457
My fucking sides anon

>>29876870
>>29877333
>>29877457
>>29877556

ok here we go, this is from my spreadsheet planning, most recent tranche of orders. most of these will have filled

i dare not ask for any further dip

>>29877697
Whole market is taking a shit as corn dips lol. Mine’s looking similar with 1-2 more coins purchases at the $170-175 range

-36% down since top of 247$
When does it stop?

>>29877760
i was there too, yesterday. loaded up some goooood

Why buy LTC when BCH exists?

So I'm an absolute fool when it comes to the crypto world - Im a pmg man - but hearing Litecoin was silver to BTCs gold piques my silverbug interests. Is this a coin which I can "mine" (which I understand is allowing any number of computers to perform calculations to decrypt some kind of specific equation to generate a serial number or character set) Or is this one of the coins only for the transfer of value?

My apologies for the questions but I literally have just held physical bullion so far. I am a bit anxious re: crypto

>>29877888
somewhere between 120-140 screen cap it

i'm anally devastated bros

>>29877888
>checked
now's as good a time as any

Why am I holding? Why don't I sell everything?

>>29877266
You were thinking what I was thinking, anon. That the gravy train would continue onto 300k, and we'd be swimming in profits. Frankly, my only regret is not selling on Thursday - it looked like things were correcting, but now we're due for another big dip. All I'm hoping for is a dead cat bounce where I can pull out without losing too much of my principle.

>>29877943
that's how i ended up in this boat, kek
yes, litecoin blockchain consensus is reached via proof-of-work mining algorithm
and boy does it also transfer value well, quicker and cheaper than doing so with bitcoin

hi im a monero fag and i want to buy the dip on litecoin to diversify. can i get spoonfed a redpill on why this is such a comfy hold?

i bought at 182, didn't sell the top, didn't sell the bounce and now I'm in deep red holding like a retard
at this point i might as well buy more
FUCK

>>29878009
You're holding because you've been suckered into the idea that "swingies get the rope" and "DIAMOND HANDS are a virtue." They're not. The reason people hold is because most people aren't smart enough to time the market - we simply don't know if LTC is going to recover tomorrow or fall another $30, so instead of risking a definite loss we're risking a hypothetical recovery.

pls go back to 200 by next week.

>>29878117
This. Also LTC is different from most shitcoins where there are planned adoption mechanisms in place (PayPal is rolling out crypto and including LTC in the limited listings to the public) among other things so the price is more likely to rebound than say McDonalds or ApuCoin

>>29878117
thanks

i already hold 200 LTC
if it goes to 145 i'm buying 100 more
FUUUUUUUUUUUUUUUUUUUUCK

>>29878117
I am smart and knew I should have sold at 200$ but didnt. The first drop was to 158$ we already had the bounce now what comes next is another drop. Btc will sit at 42k ltc at 145$ for a week or two with teasers down below those price to shake weak hands then eventually slowly recover back to ath by end of march

>>29878241
Here's some hopium for the masses.

>>29878117
that's fallacious thought
there is no definite loss unless you click that ugly sell button
if you instead mean "it's a loss because i now know had i sold i'd have made this much money" well then you're even worse off, that line of thinking knows no end. you can't even reach logical conclusions following that train of thought because in order to determine the MOST OPTIMAL of ALL POSSIBLE TRADES you'd require complete information, which is impossible. that line of thought sets you up for failure
as an eloquent anon in previous thread so put it,
>time in the market beats timing the market

I’m just waiting on the bottom so I can add to my stack

>>29878517
well i'll be darned if that ain't the comfiest corner in all canada

>>29878318
>then eventually slowly recover back to ath by end of march
That's only four weeks, anon. Unless you put your life's savings into LTC, your day-to-day shouldn't substantially change between here and then. Just hold, senpai - the only thing you lost is an opportunity to buy more coins or shave some profit.
>>29878293
I *am* the anon that said "time in the market is better than timing the market," so let me add another pithy statement for >>29878293 in regards to adoption mechanisms, "Buy the hype, sell the news." Tokens don't fare well on the day their promised additions get implemented - happened with ASKO, happened with RBC, happened with many others. Don't expect profits when PayPal rolls out their payment options, but expect profits when announcements are made - which, again, is poisonous logic because you can't actually know when an announcement will be made unless you have insider trading.

message to the captain:

turn this ship around, we're ready to moon

>>29878730
We will ascend higher than anything in this universe, even above God!!!

>>29878730
fuck this looks depressing
also below 160 again
i don't know if i can take tis anymore

>>29876262
Half the pump, twice the dump. I'm still bullish in the long term, it'll have its time.

>>29878330
that's some mighty strong hopium there, pardner. is that corroborated at the larger timeframes?
>>29878728
>>29878117
got the impression now that i was missing context with >>29878404

>>29878829
well uh uhrmmm that's pretty high and i'm not sure he would quite be comfortable with that, maybe just briefly, for a high five or something, that'd surely be cool

>>29878911
my take is that there's been some serious stalling on the sell pressure, you could horizontally skewer the last few candles through. i like our chances here. i like the coin

When it dropped from 247 to 230 I bought thinking it was the dip. I could've gotten so many more coins bros...

>>29879115
patience is a virtue. just when you think "it can't possibly go any lower" ... it can, oftentimes will

This shit makes me laugh so hard. Btc and eth slightly recovering meanwhile ltc dumping with no end in sight. 50% retrace on a PayPal and grayscale coin tells you that literally no one besides the same 6 people who post in these threads want this piece of dog shit

>>29879100
i think we need to be realistic
last month it dropped 45% from the peak at 180
45% drop this time would be 145 which is a resistance level
if BTC drops to 42k resistance we're going to 145
that's only another -10% from here I guess but i'm getting ready for that to happen

>>29878018
Is litecoin affected by this tethering business? I'll admit 8 was more enthusiastic until I heard about the Mt Grox theft and this thing. It's made me a bit gunshy as it were

>>29879191
>Btc and eth slightly recovering meanwhile ltc dumping with no end in sight.
Nearly every altcoin is dumping, anon. I don't think anybody in here will challenge the suggestion that BTC/ETH are the titans of the trade.

>>29877924
New nigger here wondering the same thing. Enlighten a newfag lite knights?? My measly 0.25 LTC may become an entire on by the end of the night

>>29876418
if you panic sell you contribute to go down and make the rich richer. HODL anon, we are all fucked.

>>29879203
wouldn't be the end of the world, could easily stomach that myself. the word "worried" doesn't even enter my vocabulary unless we're under 120

it's just as realistic that we're now through the dip, or it'll soon concluded. grayscale is buying this dip, others too. what the fud is designed to do is cause us to forget that somebody WANTS THE COINS at these levels

as far as percentages go, correct me if wrong, but the average bull market dip for btc, ltc is something like 40%. so we're abouts par here with 35% discount

>>29879237
>Is litecoin affected by this tethering business?
Hmm? How do you mean? Every coin is affected by tethering. Since you're a newcomer, I'll explain to you that "Tethering" refers to exchanging your token (token is used in the same way "stock" is used in wall street) for an equivalent sum of USDT - also known as "Tether" - and holding onto it until you find a good opportunity to buy back in. Tethering is useful when dealing with large amounts of profit because it keeps the crypto from being taxable, since instead of "profiting" from selling the coin you're simply buying crypto with more crypto, which isn't taxable.

>>29879237
>>29879479
Oh, and I forgot to even say what USDT is. USDT aka Tether is a token (crypto) that's aggressively kept at ~$1/USDT, so it's seen and treated as virtual American currency. If you make $1600 in LTC, you can buy $1600 worth of USDT and it'll keep that value indefinitely.

>>29879479
>simply buying crypto with more crypto, which isn't taxable.
the IRS would vociferously dispute this statement, but then again, do they really have to know? asking for a friend in minecraft, of course

AAAAAAAND WE’RE BACK!

>>29879630
don't hold your breath for $130 brudder, i like the response here at this price

>>29879758
Definitely looking bullish at anything below $160. Saw paper hands selling followed by immediate spikes

>003550BTC
it's unironically over, isn't it?

>>29879115
I saw Tweet from a Chink who spent $500k on this shitcoin when it was at $220, kek

>>29879758
Got a few buy orders between $140-156.78 rn curious to see if we even dip that low again

quick observation here, the shape of our current response to dip is like 90% identical to the response of previous dip, albeit compressed. more energy coiled within a tighter space. may god protect the bears if we should spring forth from this dip as happened last time

>>29880150
testing recent low now, here we go

>>29879479
Crypto to crypto trades are taxed in the US.

>>29880150
this anon gets it.

i'm not feeling that good litebros...

>>29880302
Just broke the low

>>29880150
4 coins @ 156.79 filled

This red dildo is going to giving me a prolapse bleeding anus.

>>29880495
no sweat, all my orders filled, and we're now back above

>>29880367
WHAT

>>29880367
Aussiebro here, I work and live in the Burgerland with no Burger passport. How can I dodge the taxkikes?

at this rate LTC holders are guaranteed to find a bottom in LTC by the end of April because LTC will be $0.00 by then

I have been using AnchorUSD and I can say the following with total confidence: as soon as my margins expire I am moving all my crypto to bitrue.

I just had a 50 LTC order filled at 162 dollars a coin. As of this second It is selling at 157. That is a five dollar skim per fucking coin. What absolute bullshit.

>>29880367
in some countries they are not though

>>29880693
see
>>29880599
i authorize red dildo to find your bottom

>>29880693
THIS CAN'T BE HAPPENING TO ME AAAAHHHHHHHHHHHHHHHH

i must say it's impressive to see 7 red candles in a row on the 30 minute chart i don't know if i have ever seen such autistic panicking before. good job anons.

>>29880605
low key wanna dip down to $130 so I can go balls deep. Have a bit of rainy day fiat waiting for a reason lol
>going back to $200 works too though
Off topic but also have a $21 buy order on LINK in case of a Sunday morning flash crash

>>29880938
>buy high
>sell low
A tale as old as time fren

>>29881057
i find 200 more likely than 130, truthfully
big green candles, right on time

i'm out for the evening gentlemen, been my pleasure sampling this dip amidst your fine company

until tomorrow

remember that chart that said Feb 25th breakout?
YOU SHOULD HAVE SAID IT WAS GOING TO BE A BREAKOUT TO THE DOWNSIDE

Fellow LTC chads, where we at? Sitting comfy at 178 coins over here.

>>29880547
How does 50000 dollars sound

Approaching an all-time low on the LTC/BTC ratio (.0035 vs .003). Moon afterwards like 2017?

>>29881411
15 here just kickin back. Sure it will be alright or it wont. Who cares

>>29881582
>Moon afterwards like 2017?
Bro if we moon back up and beyond $240 I'll suck another dick behind the UDF in Kenwood.

>>29881270
Godspeed anon thank you for your time and efforts! We appreciate you.
>>29881411
sitting comfy at 120 hoping to grab another 30 before we get back to $200

>btc down 6%
>ltc down 9%
business as usual

>>29881632
holding you to that anon
>>29881582
if the reversal hits over the same period of time as 2017 we'll hit .01-.025 btc per ltc (would assume corn bleeds while LTC moons)

bought some LTC at 159 , thinking of adding more but will wait to see where things are going

Don't worry guys, I sold a portion so I can buy back in at a lower price, you'll all be fine now

>>29881411
Hoping to see it drop below $60 again before the true bull run. I need more coins niggers

>>29882751
thanks for taking one for the team fren
>>29880709
>>29881411
call me crazy frens but by 2025 LTC will be $4k. May not be as attractive as chasing shitcoins but think long and hard before selling 100% of your stack even at ATH. Will inevitably dump down to the $200-400 levels after a run to $600 this year... but just consider the fact staking to liqudity pools with that LTC will be enough to live on in due time.

Feel free to say I'm retarded, short sighted, optimist, screenshot this, etc.. but it's the truth.
>there's a reason LTC's the comfiest of holds frens

i'm going to sleep
if it's not above 160 when i wake up i might just end it all honestly

>>29881721
Kek

>156 and dropping
wow

>>29882950
there is truth to your statement, also consider LTC's halvening in another 2 yrs (Aug 23) + BTC bull run in 24' LTC will be primetime

just let btc print a new low at this point, end my suffering

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

>didn't sell at 200
>didn't sell at 190
>didn't sell at 180
>didn't sell at 170
>didn't sell at 160
>didn't sell at 150
what is wrong with me it's unironically going to 0

>>29883060
liquidity taken below 44k, just pump it pls

I COULD'VE SOLT AT 240 1 WEEK AGO
WHAT THE FUCK

>>29883132
Lolol, welcome to Hell, buy high sell low

>>29883132
You'll be glad you were too retarded to sell once it hits $1k

>>29883619
after all this i'm probably selling s soon as i break even if this ever happens

>>29883675
>holds it as it crashes
>doesn't hold it as it moons
With this strategy you can't possibly make any money

I’ve been wanting to add Ltd to my portfolio now seems like a good time heh heh

>>29883849
Wait until we hit $80 bro, or maybe $70

Jesus H. CHRIST
If the FUD in this threas is anything to go by then LTC is a fucking winner.

*siiiip*
Ahhh, Fuck.

>>29880638
You have been reporting the profits off of your crypto exchanges... Right son?

>>29884504
in your dreams. pls make it a reality...

I got 75 coins, not a big stack but I refuse to give it up. Come and liquidate me if you must daddy but I’m not going to sell this until I get at minimal a 2 fold.

I cant fucking take this anymore, bros. I'm dropping out of litecoin. This shit will be 120$ come March.

LMAO I WANTED YOU DUMBFUCKS
THIS SHIT IS LITERALLY WORTHLESS ATH WILL NEVER COME

>>29885068
based as fuck
>>29885364
hope you have a smol stack fren, if you bought at $190+ should be cost averaging not selling at a loss
>imagine selling a $600-1000 EOY coin at a loss because impatient

>>29885364
Post the screenshots of your trades if you did sell pussy.

>>29885400
Nah lots of people saw that btc was over due for some correction and thus would tank the market.

Pass me the hopium before the ropium claims us

>>29885400
FUCK OFF FAGGOT WE AINT SELLING YOU SHIT

Sold.

Fuck you faggots. This isn't funny anymore.

>>29882950
God I hope you're right

Just chillin. The money I had invested into Litecoin was just sitting in my bank for months doing nothing, so I'm good to wait. (Bought at 200)

oh my it's staked, I forgot, I'm done for lmao
good I didn’t go for this trash they tried to scam on /biz/ today
my purse with yvs and their staking model. top pearl on yield market with modern terms

>>29886236
Post screenshot, I want to see.
Post screenshot, I want to see.
Post screenshot, I want to see.
Post screenshot, I want to see.

>>29886236
>selling the actual bottom
I want to see your face when you wake up tomorrow monring

>>29886748
Is this the bottom?

>>29887049
Looks like it

>>29887070
I don't know about tomorrow, I feel tomorrow shit is either gonna pump or dump hard because the ADA shills will get fucked when their pajeet scam rugpulls

>>29887049
We might have a little further to go - btc looks like it'll go a bit further down, dragging everything with it

>>29875738
1k LTC here, would I make it?

Market buy now. That is a direct order.

Spark tokens are a big reason to be in this possibly

>>29887680
K, just market bought 100 LTC

>>29887476
Yes

>>29887701
>To be dropped in Q2
Orange coin will be coma in the water by then

>>29888093
Tell me why LTC will go to $1

Inb4 prophecy.............

some anon sent me 0.07ltc of this last week on a thread here (thanks based ltcbro) and im interested in this coin now.

>>29877888

checked

>>29884260
this

I wanna buy but I can hear the bogs phone going bzzzz bzzzz already

>>29888761
Boomers have to spend their 401k money, somehow

Bump for the late comers.

bump

Domp it

Just bought more at 160. Wasn't expecting it to be this low again. Bless up

its going lower

>he sold? pomp it
>he bought? domp it
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>29891509
what the fuck is his problem honestly.

>>29891307
>162.5

>wake up
>ltc stil tanking
I'm never recovering from this shit

>>29891307
>>29891054
>>29891221
>>29890018
>>29891004
Anons please remember this market “correction” is artificial. Some may remember F2Pool was brought up this week because they were caught dumping 1.5k-3k BTC once or twice a day in order to suppress BTC for London futures.

>https://cryptoquant.com/overview/full/227?window=day
Chart above shows they changed their strategy up a bit. Instead of market selling thousands of BTC once a day they’re selling 200-300 multiple times a day so the wicks aren’t as dramatic. The moment they fuck off and stop suppressing corn we’ll moon again
>don’t sell for a loss
>dump shouldnt last much longer unless they can drop us below $35k (unrealistic, it’d be impressive)
>cost average if you can
>most alts are literally on sale
>whales are trying to shake you of your bags (not just LTC either)
AND FOR THE LOVE OF GOD DONT SELL LOW AFTER BUYING HIGH!

Lots of newfrens in the last bread saying they’re new to the market. These market movements / “corrections” are normal and should be seen as an opportunity to dollar cost average. You’ll see many of these -20 to -30% corrections this year — do not let the whales win by selling!

>>29891824
See:
>>29891845
As for the “don’t let whales win by selling” that applies to most of the major alts. >LTC, ETH, LINK, etc follow Corn religiously.
Anons who are new to the market shouldn’t sell major / well known alts at a loss right now but if you’re holding shitcoins or memecoins gotta evaluate on a case by case basis
>inb4 “but anon in the litecoin general said to hold my shitcoins!”

>>29892095
Bump

>>29893328
Thanks for keeping the bread alive fren burgers haven’t woken up yet

>>29893372
Will it dump when fellow burger liteknights wake up?

Heard of NEXT Chain? A masternode is a securisation node of a decentralised network, from which transactions or tasks are realised 24/7. Becoming an owner of a node, just like with the miners: you will receive a commission in NEXT (currently at 10 NEXT/daily), proportionally to the service delivered to the network. Masternode holders have voting rights and vote on proposals suggested by masternode holders. Join on Telegram @nextchain

>>29893458
- BTC dips below $43k LTC will go to back down to $150ish.
- BTC goes sideways LTC will crab at $160-165
- if BTC starts mooning LTC will follow close behind
Whales and miners are trying to get people to panic sell.. but burgers went to bed with a red chart so idt they’ll fall for it to the extent it crashes us.

That being said, if God forbid BTC goes below $41k the whole market will shit itself lol.

>>29893935
If BTC shits itself, we all doomed, doomed to buy more LTC for cheapies that is

>>29893935
Praying for $42k BTC until the mining pools fuck off.
>>29893458
Fear not fellow LITEKnight! Our brethren have the strongest of hands and they’ll start accumulating when they wake up :)

Important to remember the market isn’t crashing it’s just a group of market movers trying to get cheap altcoins. WAGMI!

>>29894012
$130 LTC would be a gift from the heavens. The board and thread will be flooded with pink wojacks but we won’t see a lower price all year

>>29894206
And then when it once again rebounds to new heights and glory, we will be posting our proud knights laughing at those who panic sold

>>29876418
ok let's say Litecoin will do horrible this run, nobody cares about the coin, nothing happens
LTC still oscillates with BTC, in addition to almost every coin pumping/dumping when BTC does
we all know and everything indicates that, unless something like a full blown stock market crash happens, this bullrun still has a long way to go up
so no matter what happens, even when the BTC/LTC ratio stays this low, we will still reach ATH this run
we will all be fine just hold through this small correction

I don't want anyone in here bitching if you bought over 170, or you haven't hodld for at least 5 weeks.
If you meet that criteria, feel free to whine like a baby.

Shill me litefags: what is the advantage to buying this over Bitcoin?

>>29876418
Just hodl and go see what's in store for the uk and us this year for crypto. Price will be ath before April.
>>29894634
PayPal is getting ready to roll out crypto purchases on venmo in the US, and on its PayPal app on the uk.

When the nigs and bongs see prices, which ione looks the least intimidating?

>>29894830
>PayPal is getting ready to roll out crypto purchases on venmo in the US, and on its PayPal app on the uk. When the nigs and bongs see prices, which ione looks the least intimidating?
LTC about to become the coin you use for meth and hookers?

>>29894634
Much loss volatile on the way up, will likely outperform BTC this year which most agree will max around 100k (a 2x). LTC from here can go 2.5x to ATH but the most bearish of us think $600 is easily achievable if not $1K EOY.
>swing trading on training wheels if that’s your thing
>has decoupled from BTC in the past during flash crashes (stable)
>getting to join the brotherhood of the LITEKNIGHT which is one of the frenlier communities on the board
>given the abundance of retail facing adoptions coming online this year >PayPal is offering the ability to buy 4-6 crypto’s this year to all account holders, LTC is one of them
Ultimately LTC is considered one of the comfiest hodls in crypto because it’s a “near guaranteed thing“ just gotta be patient and wait for it’s moment to shine
>Has performed reliably in every market cycle since the project launched

Aaaaaand....
Largest crypto investment firm in the world, Grayscale Holdings has been accumulating daily. They currently have 1.44M LTC
>https://www.bybt.com/Grayscale
Hope this helps fren! Enjoy your coffee

>>29895371
Indeed.
PayPal is enabling buying at more than 26 million locations with crypto.
>yours moms pussy being the first

>>29875738
I'm tempted to get in but dont want to buy high, what's a good entry point lads?

>>29895785
Right know if your feisty.
May hit 140, it'll be short and quick if we do tho.

>>29895785
Everything dumping right now cause BTC is shitting itself again

"also said that 10% of PayPal’s clients had access to its crypto service, and the waiting list for the new offers was 300% higher than expected."
That turns me on.

>>29895785
I literally just bought more

>>29896184
Buying my pizza, hookers and beer with LTC 2025 confirmed

Well well well, I am disappoint. Those bumbling bobos couldn't do any better than 156? Pathetic

>>29896478
Fucking right.
If this new unemployment extension goes through, I'll be dumping that extra $400 a week into it. I'm already putting in the 300.
>kek

>>29878330
yes yes, keep holding the bag

>>29894634
Capped transaction fees at $.05 is it's biggest seller. shitcoin paying $20 to move, LTC can move for half a cent for the cheapest.

>>29895785
anything <100 start buying and holding for the next pump, maybe 1 year, maybe 3 years