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May 04, 2013, 02:28:12 AM |
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I was successful at day trading but recently aborted that in order to adopt litecoin. I though of it as a hedge, the reasoning was that i feel the BTC/LTC ratio will only get smaller, and therefore i reduce my risk by putting my money in litecoin. It worked to, my losses on bit coin were compensated by the rise in litecoin. currently I don't day trade litecoin cause I'm afraid ill be out when it goes into gox, but i might reconsider my position due to recent events. anyways IMO this is the safest and most logical course of action. Just wanted to know if anyone else here agrees
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