is this the right time to buy?

OKCOIN:LTCCNY   Litecoin / Chinese Yuan
73 1 1
is this the right time to buy?
Dangerous to buy right now, miners are getting panic, also too many people bought and the MM will just let most people lose.
Better just hold and don't do anything, buy when L1 breaks. or just short when it touchs L1 with a stop loss
BTW, thank Lazy bear, this is from him
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