Charlie Lee, Founder of Litecoin sold all his LTC. Should you?
For those holding nice profits, don't pay any attention to Charlie Lee's trading activity. The founders of all these coins know just as much or as little as you do on price.
For those interested in crypto for the first time and want a cheap coin (relative to others on Coinbase), see if you could buy some at $300. Sell signal applies to both new entries and old (Not applicable to HODL'ers). I personally am all about rotation, so I see greater returns in other cryptos. I still own some Litecoin, but much less than I did at $340. At $300 -$290 I will look again to see if a rotation back into LTC will be worth it.
Previous analysis:
For those interested in crypto for the first time and want a cheap coin (relative to others on Coinbase), see if you could buy some at $300. Sell signal applies to both new entries and old (Not applicable to HODL'ers). I personally am all about rotation, so I see greater returns in other cryptos. I still own some Litecoin, but much less than I did at $340. At $300 -$290 I will look again to see if a rotation back into LTC will be worth it.
Previous analysis:
Comment:
Sell signals across the board for majority of crypto.
Comment:
This huge correction was potentially a MAJOR bear trap