Buy now or wait ? $41,000 to invest in bitcoins and litecoins

[junglemouse]

Hi guys, after more than 1 year, here I am again

I'm fu*ked, bought all the 41k $ in Litecoins @ $20 dollars each

Now It's $1,4

hahahahah I have nothing to do, just wait and hodl

I have been FUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUU !!!  

hahahahhaha  

Critical.

Well if you were willing to invest then, and its still holds the same characteristics it did, only thing I could do would be continue to accumulate weekly at the current prices.   

[Erdogan]

Fuck litecoin. go bitcoin.

[BTCevo]

I invest in litecoin because when bitcoin hits a bubble phase litecoin goes up about 3 - 5 times more on price.  Im not sure how good it is as a hedge but if the gov messed up bitcoin maybe it would be.

Litecoin is not always like that. Altcoin is very hard to predict when will it be high or not. So I suggest you better not invest in any altcoin better for you is bitcoin altough the price is volatile but it still have a chance to rise more than altcoin

[thejaytiesto]

I invest in litecoin because when bitcoin hits a bubble phase litecoin goes up about 3 - 5 times more on price.  Im not sure how good it is as a hedge but if the gov messed up bitcoin maybe it would be.

Litecoin is not always like that. Altcoin is very hard to predict when will it be high or not. So I suggest you better not invest in any altcoin better for you is bitcoin altough the price is volatile but it still have a chance to rise more than altcoin

Litecoin will always be special, will always be "the original alt", so never count it off for huge future pumps once BTC goes were it belongs (aka moon). Im pretty sure Litecoin will feel that second crypto rush when it happens again. The outcome is uncertain tho, I would go back to BTC as soon as i get decent gains.

[Chef Ramsay]

I invest in litecoin because when bitcoin hits a bubble phase litecoin goes up about 3 - 5 times more on price.  Im not sure how good it is as a hedge but if the gov messed up bitcoin maybe it would be.

Litecoin is not always like that. Altcoin is very hard to predict when will it be high or not. So I suggest you better not invest in any altcoin better for you is bitcoin altough the price is volatile but it still have a chance to rise more than altcoin

Litecoin will always be special, will always be "the original alt", so never count it off for huge future pumps once BTC goes were it belongs (aka moon). Im pretty sure Litecoin will feel that second crypto rush when it happens again. The outcome is uncertain tho, I would go back to BTC as soon as i get decent gains.

The OP is a prime example of what happens when someone is new to crypto and they have a certain amount of money to spend/invest. Even more true when a bull market starts. The price of Bitcoin looks high so the next best thing is to get the silver crypto so one can purchase so many more of them. This is why litecoin typically makes big moves during a bull market in Bitcoin. Most new folks think crypto is crypto so buying one is the same as another outside of the pricing.

[scryptasicminer]

I invest in litecoin because when bitcoin hits a bubble phase litecoin goes up about 3 - 5 times more on price.  Im not sure how good it is as a hedge but if the gov messed up bitcoin maybe it would be.

Litecoin is not always like that. Altcoin is very hard to predict when will it be high or not. So I suggest you better not invest in any altcoin better for you is bitcoin altough the price is volatile but it still have a chance to rise more than altcoin

Litecoin will always be special, will always be "the original alt", so never count it off for huge future pumps once BTC goes were it belongs (aka moon). Im pretty sure Litecoin will feel that second crypto rush when it happens again. The outcome is uncertain tho, I would go back to BTC as soon as i get decent gains.

The OP is a prime example of what happens when someone is new to crypto and they have a certain amount of money to spend/invest. Even more true when a bull market starts. The price of Bitcoin looks high so the next best thing is to get the silver crypto so one can purchase so many more of them. This is why litecoin typically makes big moves during a bull market in Bitcoin. Most new folks think crypto is crypto so buying one is the same as another outside of the pricing.

All coins seem to be going down the sink. Fundamentals behind them are just too negative.

[twn]

this topic was oppen nearly 4 months ago.
hopefully he didnt invest to any of it.
i believe for investing litecoin is like gambling.its getting out of game day by day.

[aso118]

The OP is a prime example of what happens when someone is new to crypto and they have a certain amount of money to spend/invest. Even more true when a bull market starts. The price of Bitcoin looks high so the next best thing is to get the silver crypto so one can purchase so many more of them.

Yup, you should never forget the basics of investment and portfolio allocation.
Never invest more than what you can afford to lose in a risky investment like Bitcoin, irrespective of how rosy the outlook for Bitcoin looks.

[thejaytiesto]

I invest in litecoin because when bitcoin hits a bubble phase litecoin goes up about 3 - 5 times more on price.  Im not sure how good it is as a hedge but if the gov messed up bitcoin maybe it would be.

Litecoin is not always like that. Altcoin is very hard to predict when will it be high or not. So I suggest you better not invest in any altcoin better for you is bitcoin altough the price is volatile but it still have a chance to rise more than altcoin

Litecoin will always be special, will always be "the original alt", so never count it off for huge future pumps once BTC goes were it belongs (aka moon). Im pretty sure Litecoin will feel that second crypto rush when it happens again. The outcome is uncertain tho, I would go back to BTC as soon as i get decent gains.

The OP is a prime example of what happens when someone is new to crypto and they have a certain amount of money to spend/invest. Even more true when a bull market starts. The price of Bitcoin looks high so the next best thing is to get the silver crypto so one can purchase so many more of them. This is why litecoin typically makes big moves during a bull market in Bitcoin. Most new folks think crypto is crypto so buying one is the same as another outside of the pricing.

Yeah, totally, that is the thing, they see it as silver, Litecoin got that fame and nobody can take it from it, so I would never count it as just another dead alt, it will always be that special alt, so we never know. When the time comes, I still say a pump of LTC will happen along with the next BTC mega ATH+ bubble.

[kerafym]

Is the original poster still around? How is he doing now?

[gentlemand]

Is the original poster still around? How is he doing now?

That's a yes. There you go.

Hi guys, after more than 1 year, here I am again

I'm fu*ked, bought all the 41k $ in Litecoins @ $20 dollars each

Now It's $1,4

hahahahah I have nothing to do, just wait and hodl

I have been FUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUU !!!  

hahahahhaha  

[fox19891989]

Hi guys, after more than 1 year, here I am again

I'm fu*ked, bought all the 41k $ in Litecoins @ $20 dollars each

Now It's $1,4

hahahahah I have nothing to do, just wait and hodl

I have been FUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUU !!!  

hahahahhaha  

LMAO, op you were so brave, why you bought liteshit?

A LTC ASIC mining company is called gridseed, the owner of this company owns over 51% hash power of litecoin, so if you buy ltc, it's help him cash out, I am afraid this guys dumped his 10 million litecoin above 20 USD, lol so he is a billionaire but you guys are bagholders for those guys.

[Mt. Gox]

To those saying that Litecoin might spike again, well this is true but also keep in mind that the altcoin scene has changed since 2013. There are a lot more altcoins now with different features all competing to be #2. Litecoin is also far less innovative and active development-wise than it once was.

this topic was oppen nearly 4 months ago.
hopefully he didnt invest to any of it.
i believe for investing litecoin is like gambling.its getting out of game day by day.

It was actually started slightly over 1 year ago. Note the date is from 2014 and not 2015.

As for OP, I haven't read the entire thread but ouch. Any decision to invest in Bitcoin or Litecoin in 2014 was a bad one in retrospect but buying so much so early on was an even more terrible choice (although not as bad as buying in Late Nov-December 2013!). But if OP is a hodler who truly thinks that BTC will eventually reach $50,000+ then I guess that's not too bad.

Hi guys, after more than 1 year, here I am again

I'm fu*ked, bought all the 41k $ in Litecoins @ $20 dollars each

Now It's $1,4

hahahahah I have nothing to do, just wait and hodl

I have been FUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUU !!! 

hahahahhaha 

LMAO, op you were so brave, why you bought liteshit?

A LTC ASIC mining company is called gridseed, the owner of this company owns over 51% hash power of litecoin, so if you buy ltc, it's help him cash out, I am afraid this guys dumped his 10 million litecoin above 20 USD, lol so he is a billionaire but you guys are bagholders for those guys.

Did someone really dump 10 million LTC? Perhaps that might explain the current prices then. Oh, and he'd be a millionaire and not a billionaire. Satoshi was the only person so far to have become a billionaire through cryptos.

[transient858]

Litecoin is half dead. There is currently no new innovation or development coming from the team.

[gentlemand]

Litecoin is half dead. There is currently no new innovation or development coming from the team.

Their team seems to class that as a bonus.

http://www.newsbtc.com/2014/12/21/charlie-lee-litecoin-not-need-development-right-now/

To be fair they have a point. It's better to have something that just goes ahead and works rather than endless tinkering.

https://bitcointalk.org/index.php?topic=920159.msg11208077#msg11208077

The only problem is that that stance requires the rest of the world do all the running and it doesn't seem all that interested.

[desired_username]

Litecoin was/is just a lowly clone.

I would stay away from altcoins if you're not looking to speculate on them short term specifically. 99% of them are schemes to make the creators rich and the rest has very weak value propositions.

I think only misinformed people would seek to "invest" in them. A number of like minded individuals (with more money than sense) can create bubbles in these tiny, shallow markets, but then again you could just go play some roulette or trade CFDs (with leverage if you have a high thrill threshold).

[Bitcoins101]

I invest in litecoin because when bitcoin hits a bubble phase litecoin goes up about 3 - 5 times more on price.  Im not sure how good it is as a hedge but if the gov messed up bitcoin maybe it would be.

Litecoin is not always like that. Altcoin is very hard to predict when will it be high or not. So I suggest you better not invest in any altcoin better for you is bitcoin altough the price is volatile but it still have a chance to rise more than altcoin

Litecoin will always be special, will always be "the original alt", so never count it off for huge future pumps once BTC goes were it belongs (aka moon). Im pretty sure Litecoin will feel that second crypto rush when it happens again. The outcome is uncertain tho, I would go back to BTC as soon as i get decent gains.

The OP is a prime example of what happens when someone is new to crypto and they have a certain amount of money to spend/invest. Even more true when a bull market starts. The price of Bitcoin looks high so the next best thing is to get the silver crypto so one can purchase so many more of them. This is why litecoin typically makes big moves during a bull market in Bitcoin. Most new folks think crypto is crypto so buying one is the same as another outside of the pricing.

Crypto is crypto? Well, I've got some excellent, high end wine to sell. Only $41,000. Wine is wine.

[Cinnob0n]

I would just invest in bitcoins now. The price is bound to go up eventually, and it'll drastically increases after the next block reward update.

[mrhelpful]

Id wait it out until it settles to one side.

And seeing if there is some sort of upwards trend. Thats only short term thinking though, but I`d invest small amounts cause its needed for people who do money laundering this includes big btc sites like primedice, but its more severe on the online gambling sites that also accept fiat.

[Fabrizio89]

Wait until an uptrend is confirmed man, really... just look for some good trader and ask him when an upswing is beginning. It's easy to see, but I wouldn't risk telling you when to do it. Everyone kinda agrees this is a good spot for buying and they could be right I guess.