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File: 26 KB, 234x234, Litecoin-logo-234x234.png [View same] [iqdb] [saucenao] [google]
3547734 No.3547734 [Reply] [Original]

What the fuck is going on with Litecoin? I bought it after it crashed over the weekend at a massive discount, it dipped, went up again, now it's been on a downward trend all week.

I'm now seeing huge bagholders dumping it on Bittrex. Is this coin seriously dead? I seriously went all-in on this shit and now I don't know whether to sell at a loss or wait it out. Is there any hope for this shit?

>> No.3547755

buy more

>> No.3547756

>>3547734
No, it's a shitcoin. get rid of it.

>> No.3547771

it will go 2 dolla, soon.

>> No.3547776
File: 751 KB, 1024x1676, litecoinSCAM2b.png [View same] [iqdb] [saucenao] [google]
3547776

>>3547734

>> No.3547783

>>3547755
checked

I have been buying this dip but I'm tapped out and don't have anymore capital...but I would buy more if I could.

>> No.3547791
File: 65 KB, 1267x509, syscoin_amazon.png [View same] [iqdb] [saucenao] [google]
3547791

>> No.3547809

>>3547734
BTC-e user dump, they got their coins back on the 15th and been dumping ever since. Guess a lot of them had rent and food money locked up for several months.

>> No.3547810
File: 79 KB, 1354x499, doge2.png [View same] [iqdb] [saucenao] [google]
3547810

LTC- target price $7.5

>> No.3548020

lmfao @ this fucking thread. 2 weeks ago this coin tested $100 and all of a sudden it's "dead"

literally just performed another atomic swap with the decred project.

if you can't wait another two weeks anon, then yes dump good ole chikun.

i will be hodling and accumulating.

>> No.3548116

>>3548020
t. sucide investor

>> No.3548186

Bad news: People have been low on it in the days since the correction.

Good news: There's a massive amount of buy orders compared to sell orders for it on Bittrex. Holders aren't willing to go much lower and there is a huge swath of buyers who want in on the coin.

Crypto works in cycles for the bigger coins like LTC. It's already gone up and down multiple times and we're at what looks like one of its several bottoms it hits before it climbs again. Getting money in crypto means investing in coins that are relevant. Every exchange worth talking about trades LTC and it's accepted on pretty much every ICO that isn't a scam. It will always have it's place in the crypto world. Investing in LTC means investing in the future of crypto.

>> No.3548263

>>3547734
This is why crypto won't succeed. There would always be HUGE and abrupt price swings. Imagine when your stack grows to $1,000,000 and there's a downward price swing of $300,000. The average person is going cash out from fear.

>> No.3548313

>>3548263
Getting the normies out is WHY it will succeed