BrandonJ

Ignore LTCBTC Pair

BTCE:LTCBTC   Litecoin / Bitcoin
268 5 2
I am now disregarding the LTCBTC             pair. The Chinese took over LTCUSD             quite a while ago. They trade LTCCNY             not LTCBTC             . This pair used to mean something, but I think it's irrelevant now.

This is in contrast to a crypto like ETHBTC. The majority of that volume is in ETHBTC and not ETHUSD             . Therefore you should ignore the ETHUSD             pair as well.

These low volume cousins LTCBTC             and ETHUSD             are just shadows of the true market value. If you try to chart them, they will disappoint you. If BTCUSD             goes to $3000, LTCUSD             could be $15. And that ratio would be .005

We will focus our attention on LTCUSD             now.
Only true bagholders in denial refuse to accept a failing ratio ;)
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LTCUSD Cleared for Launch!
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BrandonJ BrandonJ
Since the low in early January 2015, LTCUSD 1.45% has grown from $1.05 to $4.00. A 300% increase.

Since the low in early January 2015, BTCUSD 0.43% has grown from $162 to $715. A 340% increase.

Since the low in early January 2015, LTCBTC 1.02% has shrunk from .0059 to .0056. A 5% decrease.

You need to ask yourself some questions. Will the LTCBTC 1.02% pair ever pump again? EVER?

I am about 90% in on spot LTCUSD 1.45% . I am happy with LTCUSD 1.45% slowly gaining 150% per year.

And I also believe the 4th largest market cap crypto currency and 2nd most popular crypto currency trading in China will have another strong pump.

Multiply your BTCUSD 0.43% gains by 10x. Hold LTCUSD 1.45% instead.
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Jaqen BrandonJ
"Multiply your BTCUSD 0.43% gains by 10x. Hold LTCUSD 1.45% instead." but "Ignore LTCBTC Pair" contradiction much? LTC follows BTC in its value and only if BTC goes to higher values and doesn't show any signs of stopping, right before the top of the BTC bubble, THAT is when LTC will gain, money that got out of the BTCUSD a little bit earlier (around 80%-90% into the rally) will put their money into LTC, not a moment earlier. Which means the value of LTC-Fiat will stay the same or lower for a LONG time, the ratio shows this. Instead of investing in LTC longtime, you should invest in BTC longtime, take profit when you think the top is in and THEN go into LTC.
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"the value of LTC-Fiat will stay the same or lower for a LONG time, the ratio shows this."

Since the low in early January 2015, LTCUSD 1.45% has grown from $1.05 to $4.00. A 300% increase.

Since the low in early January 2015, BTCUSD 0.43% has grown from $162 to $715. A 340% increase.

Since the low in early January 2015, LTCBTC 1.02% has shrunk from .0059 to .0056. A 5% decrease.

I'm sorry, but I do not think you understand what the ratio shows.

As you can see the value of LTC-Fiat is up 300% while the ratio is down slightly. Please read and follow my math. Do the math for yourself.
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