Just went to add some more litecoin to my position taking advantage of this correction but none are available on coinbase. Dont think the correction will last long if the demand is so high
Just went to add some more litecoin to my position taking advantage of this correction but none are available on coinbase. Dont think the correction will last long if the demand is so high
@geordiesilver I bought Ethereum since bitcoin and Litecoin were not available on Coinbase. I can always trade it for the other coins if I want to later.
Thats what i did too, but then it dropped even more, its hard trying to predict these markets, there is a definite emotional element to it.
What i found worrying is that there wasnt enough liquidity in the market when everyone rushed for the exit, as a silver guy the mantra is always if you dont hold it you dont own it so what happens if the PTB close all the exits and trap everybodys wealth in the cryptospace???
Looking to reenter as soon as the volatility calms down. Hopefully get more Litecoin for free if timed right. Exited too early at £63 but nice profit going back in. Love Litecoin. Love Silver.
Wow. Big dip coming. Crashed through support. Nice move for those looking to get in.
Im watching it too, we could see a move down to the low £50s . Id love to understand whats driving this, is it profit taking?? ,FUD by newbies?, Im glad youve taken profit but im for holding ,its part of my stacking mentality. At least with silver we know its the banksters manipulating the price, but this crypto shit is one helluva rollercoaster, you cant take your eye off it for a minute.
I think like all markets there is manipulation in Crypto and hype drags newbies in with FOMO. I saw one guy buying after I sold and he seemed influenced by my profit. Not the way to play these markets. But it'll come good again. These people tend to panic when it drops. I scale in with tranches then exit on the ramping up to spikes. Feel naked without the Litecoin but I've held the spike plenty of times and seen profit go down the pan. Can't wait to get back on the rollercoaster. Silver is so corrupt, but the actual silver is not enough to fulfill paper contracts. At some point this situation will come to a head. Keep stacking.
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