Litecoin to go down big dip

[VenturaBro]

If only everything was as simple as you say. Chinese New Year does not have such a colossal influence on pricing.

But it affected the market last year, didn't it?

A lot of people are speculating that the same will happen but who knows.

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[Golstrim]

It will definitely dip,  but after hard fork!  People are buying and LTC is growing on expectations,  so after fork it probably will fall on an amount of free coins received,  I don't know yet, how much it will cost

[cheezcarls]

Due to the hard fork of Litecoin, I don't think there's a big chance that LTC would dump big time. However, I am not going to say that I'm right. I could be wrong, because the cryptoverse is so unpredictable, highly speculative and volatility.

I don't worry about the dip if that happens, because I'm prepared mentally about that, especially during the big crash in mid-January to early February.

[tiggytomb]

I think litecoin will continue to increase until the fork happens and even after that there may be a dip but I really do not think it will be that much, litecoin has been steadily growing and it is a bit more natural then a simple pump.

Litecoin will be one to watch this year.

[BitcoinHodler]

for the time being litecoin seems to be on the rise and no matter what you guess, the trend seems to not agree with you. and with all these useless LTC forks that are upcoming in the near future i believe there may even be more rises as people are FOMO buying litecoin because they first see the free money in their near future and second they see the rise itself and feel left out.

[jan.nicolas]

Well, as we all know, after a big and serious rise in the market, you need to slow down, so people earning a few tens of percent fix their profits. I think that we should not be surprised, because this rule always works.

[cryptotitan]

Now that I had predicted yesterday that litecoin will go up past 200, Expect a crash in price today. Due to Chinese new year and since everything has been going up for past 3 days, another crash is expected today as people will be cashing out.

It is because CHarlie Lee officially announced that there will be no LTC fork coin,most of the people who bought LTC were FOMO by these FUD spreading of these scammers,they just want to get people's money from this fake forked coin which is clearly not part of Charlie Lee's team.

[meldrio1]

Well, I don't expect the litecoin price increase fast right now and yes lets expect the huge dump of litecoin in chinese new year but I'm afraid bitcoin as well.

[just_Alice]

Now that I had predicted yesterday that litecoin will go up past 200, Expect a crash in price today. Due to Chinese new year and since everything has been going up for past 3 days, another crash is expected today as people will be cashing out.

Not necessarily, why people will be cashing out as much Litecoin, so that its price will go down? It has been descending for nearly 2 months already, and now LTC undergoes a period of stability and a slight increasing even, same as BTC. It might drop a bit though, but will recover in 2-3 days.

[haidangtp]

I think LTC will continue to increase in time and stay on the market. LTC has its own advantages and attracted many investors.

[BlockchainGod]

Ahah, man, guess the growth of litecoin was not difficult) It could do everyone and do not need to exaggerate their strength) I think the fall will not.

[longminh123]

Ahah, man, guess the growth of litecoin was not difficult) It could do everyone and do not need to exaggerate their strength) I think the fall will not.

Well this is probably a good time to buy lots of litecoin. My friends and I predicted in 2018, Litecoin would be a very hot name in the crypto market and the world. It is currently under development and I hope you will consult with me and buy Litecoin. Hope you get a lot of profit from investing in Litecoin.

[Monodont]

I agree there's a big chance Litecoin will pull back in a few days. It increased a little too fast. Like they say: easy come, easy go.

[Donovan XXL]

2018 will be a great year for litecoin.
Lite pay is coming in two weeks. There is no way the price is going down for now.

[imperatron]

I dont think that Litecoin will not dip that much because there is a nice fork called Litecash upcoming. The people will start to buy if they see that htere is a great upcoming fork!

[heritage35]

Even if there will be a dump, the dump of Litecoin will not be that obvious. No matter how odd the circumstance might be, Litecoin if not maintain the status quo, it will moon greatly well instead of crashing.

[kryptqnick]

Speculations. Most of the cryptomarket is going up today. Why do people think it just MUST go down before/after the holidays? Maybe a lot of people are actually gifting bitcoin/litecoin/some other currency during the holidays?

Come on, Chinese New Year is not such a big holiday that can affect the market! I guess it is our thoughts about it that change things more. People keep saying the prices will go down -> other people read it as well -> people sell their coins expecting the Chinese to do the same -> the market goes down and nobody is happy.
Why not to stop doing such crap?
Litecoin grew in price because of the upcoming fork and it is not likely to go down at least before the fork and claiming of coins is over.

[zoata87]

Chinese New year will be positive for cryptocurrencies as I don't think the Chinese market markers will have time to dump Litecoin because a lot of Chinese people are spending their time with family members and friends. Last year, the Chinese new year didn't have a big impact on Litecoin or Bitcoin price since most Asian already cash out Bitcoin in January or before because I believe only big Litecoin investors can crash the market.

[MiiDoViic]

Come on, Chinese New Year is not such a big holiday that can affect the market! I guess it is our thoughts about it that change things more. People keep saying the prices will go down -> other people read it as well -> people sell their coins expecting the Chinese to do the same -> the market goes down and nobody is happy.
Why not to stop doing such crap?
Litecoin grew in price because of the upcoming fork and it is not likely to go down at least before the fork and claiming of coins is over.

that's exactly what It's . The state of mind and fear are the ones that make the market dip most of the time not the actual news .
People start spreading these rumours and predictions that are based on nothing but other peoples words . If everybody held their bags then the chinese alone won't be able to effect the market that much , It might dip a little but it wouldn't be really that big of deal if not for the panic sellers and people who listen to the rumours and other newbies advice.

[bratbu]

Now that I had predicted yesterday that litecoin will go up past 200, Expect a crash in price today. Due to Chinese new year and since everything has been going up for past 3 days, another crash is expected today as people will be cashing out.

It is expected to dump because these FUDs are done when CHarlie Lee himself twitted that there will no LITECOIN fork,which makes these people behind litecoin cash as scammers,they just want to use litecoin's name for their popularity but there is no official fork that will happen according to the founder of Litecoin.