time has come for ltc to show how the long awaited mweb works. rivaling against xmr over mainstream privacy will take a while until xmr retakes its position as the one that is more private. xmr retaking the position will probably leave ltc bleeding, potentially after some issues being discovered with mweb or exchanges delisting it due to privacy features. this could be an interesting ride. finally if btc ever decides to implement mweb, this could be a great reason for governments and financial institutions to tighten checks where fiat to crypto or vice versa exchange is involved, since bitcoin would allow more private transactions. past year, many european countries have received eu directives to forbid legal entities to trade with privacy coins such as monero, zcash and other. if btc gains this privacy solution some time in following years, governments could make legal entities to require documents upon any crypto exchange. at this time we could expect higher p2p trading and new p2p exchanges to allow people advertise and exchange without any 3rd parties. unless cbdc decides to destroy bitcoin core and reinvent the wheel. stay safe, hard times could be coming.
Trade active: bought @ 0.327 target 1: 0.57
Trade closed: target reached: order closed at 0.5 with 65% profits. looking to enter lower if possible.
Comment: still waiting. xmrbtc is breaking out on the upside for the moment which could drive the ratio lower. might get back in lower.
Comment: still waiting. xmr/btc is getting some good profits for the time being. looking at potential entry on confirmation of previous resistance at 0.35-0.36 and stop-loss 0.33-0.34 risking maximum 5.6% on the trade.