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Author Topic: How much will LTC correct?  (Read 2162 times)
thejaytiesto (OP)
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April 27, 2017, 03:01:19 PM
 #1

My stop loss just saved my ass so I didn't lose any money, but I didn't sell any, so I didn't make any profit on this ride. My stop loss was set at 0.0105, went to sleep hopping it wouldn't go this low but it just fucking did. Is this a return to mean in order to continue a smooth growth? whales accumulating for 2 weeks before segwit is actually functional? we will keep stagnating until we see actual features being added and BTC continuing struggling to scale to cater for micro transactions?

I don't want to get in now and find out it's at sub 0.01 tomorrow. I know it will go up in the long term but I don't want to see it stagnate until it finds a bottom.
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April 27, 2017, 03:34:28 PM
 #2

LTC will correct less then DASH Smiley
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April 27, 2017, 03:50:11 PM
 #3

Where we go today does not matter, when SegWit will be closer of getting activated, the price will go up again for a short period of time.
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April 27, 2017, 04:11:18 PM
 #4

I just can't imagine LTC at 50$, i would love to see it off course, but i'm not sure how this is going to happen. Sub 10$ now when everything is pointing to the sky i would say very hard. Im talking about this year, longer predictions are very expenive  Grin.

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April 27, 2017, 04:19:50 PM
 #5

dunno. but if this wasn't the purest demonstration of buying the rumor and selling the news i dunno what is.

there'll be alot of cool stuff happening in a few months but i think it's gonna be quiet until then.

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April 27, 2017, 04:45:58 PM
 #6

I’m guessing we’ll see about 25$ right after SegWit gets activated (all though not quick sure when it’ll get activated), and then it’ll correct itself to about 18$ - 20$. The future of LiteCoin looks decent, but nothing extraordinary.

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April 27, 2017, 04:51:29 PM
 #7

i sold at .0115 at a small loss hard to predict the bottom on this one, you know its going to go back up at some point but with two weeks before segwit kicks in for good i dont see no rush by the whales to get the price back up for at least a week so they got time to accumulate and continue to force the price down.


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April 27, 2017, 05:02:52 PM
 #8

LTC is amazing it was always $4 forever then bang - wish I had had some

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April 28, 2017, 08:47:28 AM
 #9

My stop loss just saved my ass so I didn't lose any money, but I didn't sell any, so I didn't make any profit on this ride. My stop loss was set at 0.0105, went to sleep hopping it wouldn't go this low but it just fucking did. Is this a return to mean in order to continue a smooth growth? whales accumulating for 2 weeks before segwit is actually functional? we will keep stagnating until we see actual features being added and BTC continuing struggling to scale to cater for micro transactions?

I don't want to get in now and find out it's at sub 0.01 tomorrow. I know it will go up in the long term but I don't want to see it stagnate until it finds a bottom.
I bet LTC will correct back to $4 eventually. God knows where this insane pump is coming from! BTC is still the way to go.
Kenny001
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April 28, 2017, 10:19:57 AM
 #10

My stop loss just saved my ass so I didn't lose any money, but I didn't sell any, so I didn't make any profit on this ride. My stop loss was set at 0.0105, went to sleep hopping it wouldn't go this low but it just fucking did. Is this a return to mean in order to continue a smooth growth? whales accumulating for 2 weeks before segwit is actually functional? we will keep stagnating until we see actual features being added and BTC continuing struggling to scale to cater for micro transactions?

I don't want to get in now and find out it's at sub 0.01 tomorrow. I know it will go up in the long term but I don't want to see it stagnate until it finds a bottom.
I bet LTC will correct back to $4 eventually. God knows where this insane pump is coming from! BTC is still the way to go.


Never again, i bet in a year 14$ was very cheap. 
Within a month i see it rise to 30$
End of this year 45 - 60$



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April 28, 2017, 12:10:49 PM
 #11

i bought some on the rise after SegWit was a sure thing and sold on top, then went all in with the initial money and the profit in the next dip and after price went up i didn't sell! now i am bagholding for the first time in my life haha.
with that said i have withdrawn all my LTC from bittrex to my cold storage and will wait.

my speculation is, when SegWit is activated, there will be a rise, it may happen sooner too.
but for 99.9% sure, there will be a rise as soon as first LN transaction goes through.

I don't want to get in now and find out it's at sub 0.01 tomorrow. I know it will go up in the long term but I don't want to see it stagnate until it finds a bottom.
this is the worst feeling Cheesy
specially when you see all the dip and the chance to make profit from swings and have no bitcoin/money to buy in. at least i think we can be sure it will rise and the 0.01BTC seems to be a good resistance point. exactly 24 hours ago we tested it and it didn't last. there is good demand.

Holding Bitcoin More Every Day
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April 28, 2017, 02:05:56 PM
 #12

I bought at 0.0009 after the segwit agreement, now I will hold indefinitely.
The difficult part is to not panic in the middle.
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April 28, 2017, 02:33:58 PM
 #13

I bought at 0.0009 after the segwit agreement, now I will hold indefinitely.
The difficult part is to not panic in the middle.
Exactly, I’m sure that we will see a LOT of fluctuation (some organic, some manipulation), but in the end I expect to see a decent boost in the value to LiteCoin once segwit is active.

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April 28, 2017, 04:01:31 PM
 #14

I just can't imagine LTC at 50$, i would love to see it off course, but i'm not sure how this is going to happen. Sub 10$ now when everything is pointing to the sky i would say very hard. Im talking about this year, longer predictions are very expenive  Grin.

litecoin was at $50 before, it's not like it never happened, so i can't see why it can't happen now with all the excitement about segwit, i think the pump is just started, can go very high first and correct on double of the value of today, i can think of 0.02 as a new bottom when the price will begin to move forcefully, even i mae a prediction i'm not going to enter this pump and dump but i like to watch it, too rigged and unpredictable for me one wrong move and you are fucked lol

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April 28, 2017, 04:46:24 PM
 #15

I would expect it to go at least 100% in a 24 period as we get closer to activation, then back down -100% pretty soon after activation.
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April 28, 2017, 05:02:04 PM
 #16

I would expect it to go at least 100% in a 24 period as we get closer to activation, then back down -100% pretty soon after activation.

i am sure that its for correction of the price and we have seen this already and i think now the price is back to increase again because the price now is back into 0.011x and i hope it will going up until 0.012 and even more higher. but if i take a look in the charts, i think the price will be going down for a while before its back higher.

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April 28, 2017, 07:00:47 PM
 #17

I would expect it to go at least 100% in a 24 period as we get closer to activation, then back down -100% pretty soon after activation.

i think all the action is over now regarding segwit. you don't get the rises when things happen, it's the anticipation that drives it.

the next rise will come when there are some sexy projects happening. and you never know, there might be a price rise from people actually using it.

the only dark cloud is the army of bagholders from long ago, but if they convert themselves into believers it's all good.
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April 28, 2017, 07:34:25 PM
 #18

I get where your coming from on the bag holders from when it was 50 but there cant be a ton of them holding for over 3 years i wouldnt have the discipline to hold that long especially when it bottomed at 4 something for so long, i would have taken my loss at some point and now that it has shot back up to 14+ again id see a good opportunity to sell if i were a bagholder and i feel like we have def  seen alot of selling the past few days.


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April 28, 2017, 07:51:04 PM
 #19

0.013-0.014


Trolls were saying that ETH will go down, well, sure.

And XRP will go down, surely it will.

LTC was down.

DASH down?


BTC is down!!!!


Common, if LTC goes 100% up, it will not go 100% down.
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April 28, 2017, 07:54:44 PM
 #20

I get where your coming from on the bag holders from when it was 50 but there cant be a ton of them holding for over 3 years i wouldnt have the discipline to hold that long especially when it bottomed at 4 something for so long, i would have taken my loss at some point and now that it has shot back up to 14+ again id see a good opportunity to sell if i were a bagholder and i feel like we have def  seen alot of selling the past few days.

we'll see. i always find it surprising how many people on here casually mention having what feels like alot of ltc lying around from a long time ago. it started 2013 not even being worth 1 cent if i remember. that was the real bubble of 2013. btc was nothing compared to that.
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