Buying LTC at 0.0085

[SwedishGirl]

I wanted to buy LTC this morning at 0.0078 but I had to leave home and when I get back, knowing my luck it will probably be up to 0.0085, should I still buy? I will appreciate your views on the matter.

EDIT 27.04.2016 : I got on eventually at 0.00821, and could have sold already at 0.009 so the initial questions is no longer valid. Please if you post in this thread, discuss how high can it go and what should be the first sell target.

[densuj]

I think yes, you can buy ltc again my reasons because price of litecoin follow price of bitcoin. And today price of bitcoin is going up. And litecoin is going up too.

[thms]

LTC? In 2016?

I had to make sure the guy above me didn't bump a thread from 2012.

[K210]

Buying LTC for anything less than 0.01 is a good deal considering it has gone up to 0.04 before

[SwedishGirl]

LTC? In 2016?

I had to make sure the guy above me didn't bump a thread from 2012.

Quite the smart ass, are you?

[dothebeats]

Anything below 0.01 is a good buy, seeing that litecoin reached a peak of 0.04. If I were you, I'd grab those coins right away and keep a nice stash of to sell in the future.

[iv4n]

If you have extra money this can be nice investment. Don't risk too much with any altcoin, I see ltc made a nice rise, and I hope it will rise more I have some small amount. But we can never be sure in something.

I will wait a bit more, I follow situation for now. Maybe I will sell my stash or maybe I will buy more that depends from information I gather in next few days, for now I`m just following situation.

[bitcoinlitcoinbtcltc]

too expensive, i wait for 0.0045 ltc next week when it dumps

[fedmahnkassad]

too expensive, i wait for 0.0045 ltc next week when it dumps

I trust you are joking It's been awhile for quite some time and is not going anywhere around that range.

I don't like LTC at all but profit is profit and people in LTC are up for some.

[sadasa]

The litecoin price went up 20% in the last few days. Maybe the big whales have accumulated enough and started pumping?

[fedmahnkassad]

The litecoin price went up 20% in the last few days. Maybe the big whales have accumulated enough and started pumping?

I hear people say that a lot of BTC will shift from ETH to LTC in the coming months.

[vlom]

I wanted to buy LTC this morning at 0.0078 but I had to leave home and when I get back, knowing my luck it will probably be up to 0.0085, should I still buy? I will appreciate your views on the matter.

have a look at the trade volume. and you will see, that the price will raise. i can't tell you when the price raise will end. all i can say is that i am still holding. i will think about selling at 0.02 btc. and if ltc will be pumped like eth then i will hold till 0.04.

[OrangeII]

yes, you have to continue to buy it might someday LTC prices will be back riding with a high, but if you do not want to take the risk then do not buy it, and sell

[sofu]

LTC will rise to No2 on coinmarketcap until summer 2016 

[The Sceptical Chymist]

I wanted to buy LTC this morning at 0.0078 but I had to leave home and when I get back, knowing my luck it will probably be up to 0.0085, should I still buy? I will appreciate your views on the matter.

Be patient, I suspect you'll get to buy it at your price.  The sentiment isn't all that bullish for ltc.

[BTKC]

I wanted to buy LTC this morning at 0.0078 but I had to leave home and when I get back, knowing my luck it will probably be up to 0.0085, should I still buy? I will appreciate your views on the matter.

My view is this is a decent time to buy a little LTC. I think the odds of LTC/BTC above ~.0165 (double current price) in the not too distant future is good. However, for the very long term i am not a hodler of LTC

[alyssa85]

It's a Fontas pump (old hands will know who he is - noobs, search this forum for his name):

https://twitter.com/Fontase

By the time he announces his pump, he has already bought cheap coins, and is looking to offload them on people he entices into his pump...

[Nxtblg]

The litecoin price went up 20% in the last few days. Maybe the big whales have accumulated enough and started pumping?

Sorta puts a question mark on the "BTC up, altcoins down" rule. The funny thing is, Litecoin hasn't gone up all that much in satoshi terms even though its volume is way up. There's lots of buying but there's also lots of selling.

As for what this means for Litecoin's future price, I dunno. But as earlier posters have pointed out, Litecoin's now in the low-priced zone in BTC terms.

[Nxtblg]

LTC will rise to No2 on coinmarketcap until summer 2016 

Restored To Its Former Glory, eh?

[alyssa85]

The litecoin price went up 20% in the last few days. Maybe the big whales have accumulated enough and started pumping?

Sorta puts a question mark on the "BTC up, altcoins down" rule. The funny thing is, Litecoin hasn't gone up all that much in satoshi terms even though its volume is way up. There's lots of buying but there's also lots of selling.

 

It's because exchanges like Poloniex allow margin trading shorting. In the old days there was no short selling for alts, so it was easier to do a pump. Also I think there were some bag holders who were waiting for an opportunity to get out, and they've taken it.