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RE: What's going on with Litecoin? Shall we invest?/¿Que esta sucediendo con el Litecoin? ¿Deberiamos invertir en el?

in #cryptocurrency8 years ago

I'm a big fan of LTC. I been mining it since it was GPU mineable. I think it will go to $50 short term and $100 by the end of the year.

My concern with keeping portfolio in BTC is the uncertainty of the upcoming USAF. I think the BTC markets will be spooked as Aug. 1st get closer. Many people will get into alts as a hedge. But once Aug. 1st. Passes and the block size is increased BTC will spike and alts will take a temporary hit. Let's check back Aug. 2.

I just wrote this post using the esteem app. So far so good.

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I wasn't taking care of the upcoming USAF, and u're certainly more aware than me, and if what are you saying is right, i guess that the best option is to make profit as i said in daytrading, and then keep everything on ltc, what do you think?

Im not a day trader. I like to hold longer and do swing tades. As the UASF date approaches Im going to decrease my BTC holdings and get into more into LTC, ETH, STEEM and other Alts.