• LTC was $80 in february, and barely $60 today • All other major coins not only recovered their february values, but also pumped hard (ETH for example 100%) • MimbleWimble progress delayed • LTC failed to break multi-year resistance line • Adjusted for inflation, LTC is worth the same price as it was during its 2013 high: in other words, 7 years of holding LTC will not have given you profit, but huge irrecouple losses (opportunity cost) • LTC is one of few cryptocurrencies that performs WORSE than traditional assets. Cryptocurrencies are known for their huge pumps, but LTC is the exception.
It looks very bad for Litecoin. I would be VERY surprised if it trades above $60 next week. LTC MAY revisit triple digits very briefly, but it will merely be an exit pump after it will crush hard to sub $30. Most people won't have enough time to sell that pump because of its artificial and temporary nature.
100% this guy is just trolling with random charts and no logic. at some point in the next few weeks/months all coins will drop, but you just say they are dropping every day no matter what happens
@monkeyboy9, all coins will drop in next weeks/months? the fuck you talking about?
UnknownUnicorn6409392
⋅
@mwilson87, crypto isnt going to just keep going up forever, every year its a nice bull rally lasting a few months with a few drops now and again then it bear. but this guy moonsie no matter if coins are at the lowest point will post some random ass chart saying best time to short it.
mwilson87
⋅
@monkeyboy9, the market cap is barely around 300 billion...yes it goes up and down but overall the trend is UP...the pattern you're describing is accumulation which is what happens before a bull run which we're on the precipice of
odbashWizard
⋅
LTC can f00ck you just hold it he cam with you ahahah you are don't know how to trade you are scammer