Date : Since 2013 ( 9 / 10 ) Volume 24 H : 42000 BTC ( 9 / 10 ) Available Markets* ( 10 / 10 ) Social Media Rate ( 6 / 10 ) Ranks **7 ( 9 / 10 ) Website ( 6 / 10 ) Type Cryptocurrency ( Silver Bitcoin )
Overall ( 8 /10 ) Charlie Lee said on Dec 17, 2017 at 2.51 pm : Ok, sorry to spoil the party, but I need to reign in the excitement a bit. Buying LTC is extremely risky. I expect us to have a multi-year bear market like the one we just had where LTC dropped 90% in value ($48 to $4). So if you can't handle LTC dropping to $20, don't buy!
On Dec 2017 at 3.15pm : Not saying it will drop that low, but investors need to be able to withstand that big of a drop. It will shake people out otherwise.
Every pump I've seen has been followed by a bear cycle. The market needs time to consolidate. That's just my experience from 6+ years of watching this space. How low and how long it will be is unclear. But people need to be aware of this possibility.
Are you looking for a target level to buy? Dont ask me. Listen to Charlie. I have been in crypto almost 2 year, He has been there almost 6 years!!
Even I respect Charlie's idea, I will start the accumulate my first LTC bag in 2018 from this level. 85 % down from ATH. It is enough for me to start for LTC. My next buy levels are at $38 and $20.
* Considering top 10 crypto exchanges ** Top 100 coins on coin market cap get 10 points
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Charlie Lee is buying back at $20 !
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Created its own support level at $30 , Let's see how it goes!
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Hey Guys,
I started to be more active on twitter. Let's get connect there as well.
Sold all my LTC with over 150% profit in USDT , 100% profit in BTC!
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Sold at $90 - Invested to other shitcoins. LTC is at $120 right now. Not planning to re buy my bag.
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