TheGoldenRider

Litecoin real base price 505 USD + TA

Long
TheGoldenRider Updated   
BITFINEX:LTCUSD   Litecoin
Here is a little update. Due to lack of participation, I have not yet published the data in the linked thread. (Litecoin real base price 505 USD, more important than any TA)
As you can see, although your trading price has changed, but not the base price. Now is the moment why you should ask yourself this question.

Good luck and happy trading
Comment:
This could be a possible scenario. The scenario only describes how we get there. People always need pictures to be able to imagine things. But we all invest money, most of us but without taking a close look at the fundamentals.

Only if you have rated an investment, then it is worth making a chart. Therefore, the evaluation of an investment is strongly related to the technical analysis and the potential.
Comment:
If you want to rate Litecoin, you have to think outside the box. You have no key figures from an operating business as it is common to a company. This is no magic. But I can understand if some do not want to give up their opinion. They did not learn otherwise. Crypto is too young to apply old knowledge just like that. But then please let me have mine opinion.

Which things influence the value I already wrote below.

- Litecoin is a brand,
- a product and
- a means of payment.
- All in addition, on a huge network which is almost as old as Bitcoin.

The most difficult in the rating is the network. It is huge. But also here you will find the solution in parallel to a company. Think cross. Fill tables. Determine average values. In relation to the previous period etc.

I conclude the subject herewith.
Comment:
The linked idea was new commented by me.
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