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/biz/ - Business & Finance

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5927932 No.5927932 [Reply] [Original]

I’m down right now on LTC, by quite a bit — I didn’t think it would go this low. Should I just pump it all into ETH once it hits a nice low? I’m done with LTC.

>> No.5928028

Worst mistake you can make right now is selling litecoin. Who wants to know why?

>> No.5928063

>>5927932
I think LTC will have a relief rally soon following bitcoin. ETH should slip a bit, so near LTC ATH reallocate to ETH. I'm still holding 60 from 2014 that I mined. Got emotionally attached and can't dump them now, even tho theyre holding my overall portfolio back

>> No.5928088

>>5928028
I want to know why.

>> No.5928321

>>5927932
Buy High Sell Low the /biz/ way!

>> No.5928330

>>5928088
Mining. The difficulty always hits first, then the price rises - miners stop selling cheap coins because they cost more to produce. It's how I know litecoin is going to be worth at least as much as Dash in a month or two. Difficulty is getting ridiculous

>> No.5928425

>>5928330
Hmmm. Would make cents.

>> No.5928468

If litecoin hits 260 it's going to explode upwards in an extremely violent fashion.

>> No.5928502

>>5928330
A very valid point

>> No.5928546

>>5928330
This is pretty interesting, where can you see difficulty?

>> No.5928770

>>5928546
https://bitcoinwisdom.com/litecoin/difficulty

Plus every day we get closer and closer to the halfening of payout. Given how much traffic litecoin handles on transfers vs anyone else it's going to break out big time

>> No.5928864
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5928864

>>5928770
There is a million reasons litecoin could break out. The only people worried are the ones who FOMO'd in at the top of LTC and are dying to FOMO into another alt ATH. aka not gonna make it.

>> No.5929026

>>5928770
>last updated 134.6 days ago
There a more up to date source my guy?

>> No.5929103

>>5929026
http://www.litecoinblockhalf.com/

FFS have you heard of google b4

>> No.5929197
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5929197

I'm holding long term and watching LTC with great anticipation. The fud is dying down a bit and big anouncements are supposedly just around the corner. I've been told many times that LTC is dead and buried so let's find out.

>> No.5929287

>>5928770
>>5929103
so what are the coins to be in in the case that the mineable coins will prevail? btc, ltc, monero, any others?

>> No.5929395

>>5928468
Should I, dare I say, screen cap this?

>> No.5929470

OP here, thanks guys. I always find myself saying “to the moon” when I see coins go up just a bit, but it’s been difficult since the crash

>> No.5929568

>>5929197
Of course there is FUD on litecoin. There always has been, and always will be. Whales hate when the price spikes up because it costs them more money to transfer their wealth when the price is volatile. People with big money in the crypto market use litecoin to move their wealth. Nobody with half a brain would move it in BTC.