Just bought the Litecoin dip!

in #litecoin7 years ago

915C2145-88C2-4640-82AF-57762B96DEA1.png

Although Bitcoin influences the whole market when it crashes, I think we should use these opportunities to buy undervalued coins like Litecoin. I believe Litecoin will be 1/10th of Bitcoin at some point.

This is a chart from one of my favorite chartists on Twitter, @AIM_buster. He is great with Elliot Wave patterns. Although there is no sure thing, I’ve heard price predictions from 10K to 200K Litecoin over the next few years. What are your thoughts?

Sort:  

I sold some Steem dollars to buy some LTC at 187$ I hope we can see an upward trend

Me too! I think it could a little lower until Bitcoin finishes correcting, but it should outperform Bitcoin on the way up. Great risk reward at this level

I dream of that day when litecoin will be $1000.

I think soon

I will be so happy. Very very very happy.

Very interesting, I have been waiting for a good time to buy some LTC. I wonder about the LTC price in BTC though...

LTC/BTC ratio looks cheap to me right now, although I’m not convinced this correction is totally over. I think 9.5K BTC was the low so far

I'm bullish on Litecoin over the long term too. I can't make price predictions, but buying the dips is usually the way to go.

Exactly! I’ve done well just buying when it’s oversold. The charts do help when you follow people that know what they are doing haha

I’m doing the same thing cost dollar averaging the hell out of this one.

awesome timing my friend!!!! from here it only will be going up :)

I also think that litecoin is a good investment

Thanks a lot for updating us . What the happening in crryptocurrency market after follow you i am updating
I am happy to follow you.

Thanks for info. I’m kind of wait for the right time

That’s always a good idea!

Very interesting,thanks for sharing !!!

I have had Litecoin as part of my core portfolio for a good long time. Not as long as others but I bought around 90$ (after it flaked around $60 for the longest time.

I have fallen in love with scalping it so much that it is hard to scoop it up and send it off to a wallet! I am going to do just that and wish I had more FIAT to invest over the next week. My wager, buy as much as you can if it gets dragged down to 160 by BTC.

You da man.

Yes 160 would be gift! I so wish I would’ve bought a ton when it was $40 last year.. pretty crazy how fast cryptos are gaining

I did same with LTC this time around. Good call!

Great move and good call! It is one of the best alt coins.

i don't have much knowledge about litecoin...let's hope for the best...👍

Curious how 2018 will play out.
It is good to see Steem growing.
Lots to learn and observe.
What an interesting reflection of society(ies).