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Author Topic: LTC pushing for $90  (Read 241 times)
CryptoDanny
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September 01, 2017, 05:21:33 PM
 #1

This is the biggest push I've seen LTC have ever. I've always been a fan of LTC because it tends to stay pretty stable, but this recent push is also concerning me, do you believe that LTC is overvalued? In your opinion, what called for the drastic change in LTC price. I've always used LTC as a safe place to put my investments if the market was seeming unsure, because the price is never effected the same way BTC and ETH were effected over this summer.

For all of your LTC holders, what are your plans? Ride this one out, or sell in hopes of a dip? If this was ANY other coin I would commit to the ladder, but LTC is unpredictably predictable...
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Alcarin
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September 01, 2017, 05:26:08 PM
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This is the biggest push I've seen LTC have ever. I've always been a fan of LTC because it tends to stay pretty stable, but this recent push is also concerning me, do you believe that LTC is overvalued? In your opinion, what called for the drastic change in LTC price. I've always used LTC as a safe place to put my investments if the market was seeming unsure, because the price is never effected the same way BTC and ETH were effected over this summer.

For all of your LTC holders, what are your plans? Ride this one out, or sell in hopes of a dip? If this was ANY other coin I would commit to the ladder, but LTC is unpredictably predictable...

LTC was heavily undervalued and is now going back to his rightful place which is atleast near or slightly above 0,02BTC value... so thats minimum of 96USD...

After that we are in the unknown...


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superhelper
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September 01, 2017, 05:36:45 PM
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You are absolutely right. LTC is my 3rd choice as a crypto sites. I hold some LTC to make profits.
Erowind
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September 01, 2017, 06:01:28 PM
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Litcoin is finally correcting, it naturally belongs at the top as one of oldest and most stable cryptos. I'm just sad I didn't buy more when I got in at $6 earlier in the year.

Can't snort crack through a rolled up bitcoin Wink
Pfizer
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September 01, 2017, 06:08:37 PM
 #5

This is the biggest push I've seen LTC have ever. I've always been a fan of LTC because it tends to stay pretty stable, but this recent push is also concerning me, do you believe that LTC is overvalued? In your opinion, what called for the drastic change in LTC price. I've always used LTC as a safe place to put my investments if the market was seeming unsure, because the price is never effected the same way BTC and ETH were effected over this summer.

For all of your LTC holders, what are your plans? Ride this one out, or sell in hopes of a dip? If this was ANY other coin I would commit to the ladder, but LTC is unpredictably predictable...

I honestly expected litecoin to get pumped together with bitcoin, but it didn't react like bitcoin. Chinese investors are probably waiting for pump signal. Once the signal comes, they will ge on litecoin. Still has huge potential.
simonkev
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September 01, 2017, 06:12:56 PM
 #6

Damn. Missed this one, too Sad
byteball
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September 01, 2017, 06:15:17 PM
 #7

This is the biggest push I've seen LTC have ever. I've always been a fan of LTC because it tends to stay pretty stable, but this recent push is also concerning me, do you believe that LTC is overvalued?
...

I don't know if Bitcoin is overvalued (probably is - but will stay that way until everyone relaxes: as long as everyone is nervously waiting for correction, correction will not come~!_) but LTC is not hugely overvalued in BTC terms right now.
Look at 5-17July price history, it fluctuated several times bouncing back off a strong resistance at >20mBTC!
And it only reached 17.1mBTC today (admittedly, fast this time).
The previous cycle was roughly 1 month between peaks and dips.

Ceterum censeo Civitatem Profunda esse delendam
CryptoDanny
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September 01, 2017, 06:19:48 PM
 #8

Damn. Missed this one, too Sad
It's really never too late for LTC, in my opinion. Look at how stable it has been, I wouldn't consider it much of a risk to buy in now. I doubt it will go below $75 again, and that would be only if it were to "crash". Generally speaking, once LTC climbs up to a new number it does not come back down much. People thought it was too late to get in on BTC when it broke $3000. It sucks knowing that you could have made more, but in a month LTC could break $100.
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