peter1234444

No clear action for Litecoin yet. August 2019

peter1234444 Updated   
BITFINEX:LTCUSD   Litecoin
Unable to tell whether BTC is going to raise or crash hard due to it's higher than expected secondary peak. Litecoin seems to be quite strongly coupled with the price of BTC, hence would be unwise to be making a decision on Litecoin now unless sure of Bitcoin's trend.
Comment:
Recently posted an idea on what may be the long term future of BTC:
Up to the reader to agree, but if you do it has implications for Litecoin right now. A like BTC plateau or drop over the next 6 months would mean that Litecoin will dip even FURTHER. I'm getting the feeling Litecoin may not be worth investing in over the next several months unless we see a disproportionate drop in BTC
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