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NewYork888
Sep 24, 2018 11:37 PM

LTC $16 Is In The Cards For This Name  Short

Litecoin / DollarBitfinex

Description

Title says it all - some novice rank traders are calling for LTC $520 by the end of the year - this is exactly the type of call that gets new traders with Lambos on their minds to bite and it's a very dangerous and foolish call - these same "traders" said to "average down" from $90 and posted it right here on TV as this name began to dump - that's even worse than the original call for LTC $520 because it cost any new traders that were foolish enough to listen lots of money and they are now TRAPPED. LTC will see $16 before this is all said and done . #trading #crypto #fintech

Comment

Nothing has changed we stand by this long term call 100%
Comments
ItsAtrap
Good post, but respectfully disagree with the $16 call. However, this could all go to zero, personally doubt it, but is a very real possibility. I think there is just too much money wrapped up in this space for that to happen, but a ton of money was invested in the dot com boom as well and we see what happened there. I got burned a bit this past year, but have learned a lot and recovered some. For LTC I think we have a tremendous amount of support in the $45 - $50 range, then will bounce a bit before going back down. Rinse and repeat for a while before whales want to make a ton of money quickly. It is an emotional roller coaster for sure, and will be interesting to see how coming months play out! It would be nice to see a healthy, gradual incline after we hit bottom, and not some stupid "moon trip":)
NewYork888
@ItsAtrap, Thank you for the thoughtful comment.
HD1184K
Exactly.
fortunekr
Lol
roblaursen7
lmao what a joke.. check the weekly indicators this is about to fly to $75
NewYork888
@roblaursen7, Another hater comes out if the woodwork! You didnt even bother to check our track record did you? Of course not. Keep laughing and remember this is a long term call and by the way please post your cost babis I assume your e buying right here.
NewYork888
@roblaursen7, p.s. speaking of jokes just noticed that youve been on here for sometime now and NEVER POSTED ONE TA do you just go around running your mouth on others work? Please show us some TA so we can all learn from you right here
NewYork888
@roblaursen7, Still think our algo is a joke? Happy Holidays.
Repelsteeltjie
Thank you for all your time and effort. I have been fortunate enough to stumble on your posts a couple of months ago and can only commend you for doing an excellent job of saving me a lot of pain.
NewYork888
@WYnandSchabort, Thank you im glad our posts helped a bit - Good luck
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