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Author Topic: Is the Litecoin rally over for now?  (Read 637 times)
DrBitcoin (OP)
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July 04, 2019, 05:01:05 PM
 #21

I bought a bunch of LTC at like $40. I’ve seen the USD VALUE go up a lot, and the Satoshi value go down from like 1.0BTC now to .6ish.

Ultimately I care more about Satoshi values.

Should I dump my LTC for BTC and continue to ride the wave up, or be patient and wait for the halvening and see if LTC continues to rally despite taking a bit of a breather.

My target LTC sell was $200. I thought we would be there by now.
for now I suggest switching your ltc to btc. this is possible to speed up your profit than you have to wait until selling ltc at the price point you want. now ltc is very difficult to experience and is still in place

BTC dominance is at 63%. I think that ship has sailed. At this point I would hold the altcoins and hope the dominance comes down.
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Slash61
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July 04, 2019, 05:11:01 PM
 #22

BTC dominance is at 63%. I think that ship has sailed. At this point I would hold the altcoins and hope the dominance comes down.
when the dominance of bitcoin decreases, there is a possibility that the altcoin value can rise if the pump is actually running. or altcoin can make their own pumps like what the LTC does. growth will continue, not just for some time. because after their event happens, there may be really high movements.

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July 04, 2019, 05:13:54 PM
 #23

I bought a bunch of LTC at like $40. I’ve seen the USD VALUE go up a lot, and the Satoshi value go down from like 1.0BTC now to .6ish.

Ultimately I care more about Satoshi values.

Should I dump my LTC for BTC and continue to ride the wave up, or be patient and wait for the halvening and see if LTC continues to rally despite taking a bit of a breather.

My target LTC sell was $200. I thought we would be there by now.
for now I suggest switching your ltc to btc. this is possible to speed up your profit than you have to wait until selling ltc at the price point you want. now ltc is very difficult to experience and is still in place

BTC dominance is at 63%. I think that ship has sailed. At this point I would hold the altcoins and hope the dominance comes down.
The dominance level of bitcoin has gone above 63% and the dominance level of ethereum on the other side hasn't fallen much low. What we experience here is the growth of bitcoin in large scale and can see lots of funds getting moved from altcoins to bitcoin. This can be considered the right time to bag a good volume of altcoins as the dominance level of bitcoin will fall to some level causing good growth with altcoins. Litecoin growth has got slowed down, over the days close to halving of Litecoin can experience good growth.
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July 04, 2019, 05:28:15 PM
 #24

The Rally is not over for the Litecoin now but it is taking the geared up further move. Whenever a asset going upward it will not go straight up but it will come down and again go up with a zig zag upward curve. So, recently the hacking of the Cardano and Ripple from a exchange has made a negative effect in the market. So, hold on and see Litecoin also take a move like the Bitcoin.
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July 04, 2019, 05:33:28 PM
 #25

The Rally is not over for the Litecoin now but it is taking the geared up further move. Whenever a asset going upward it will not go straight up but it will come down and again go up with a zig zag upward curve. So, recently the hacking of the Cardano and Ripple from a exchange has made a negative effect in the market. So, hold on and see Litecoin also take a move like the Bitcoin.
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July 04, 2019, 06:48:57 PM
 #26

I think it is a good price for buying litecoin. It is not so expensive and it is negotiable for us. If we wish, we can buy it now. It is not time for selling at low price. We should wait for a big pump.
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July 04, 2019, 10:21:14 PM
 #27

I give suggestion to hold LTC until the halving come, only need a few week again to face halving event on the litecoin. Now its price still around $123 based on coinmarketcap but if the halving event come then miner for litecoin just give a little reward from usually then litecoin price will be up. However, it depend on litecoin market itself or even depend on the market situation of cryptocurrency as whole itself. If the sentiment market is good then the price will have a huge increase but it is otherwise.

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July 04, 2019, 10:23:54 PM
 #28

I bought a bunch of LTC at like $40. I’ve seen the USD VALUE go up a lot, and the Satoshi value go down from like 1.0BTC now to .6ish.

Ultimately I care more about Satoshi values.

Should I dump my LTC for BTC and continue to ride the wave up, or be patient and wait for the halvening and see if LTC continues to rally despite taking a bit of a breather.

My target LTC sell was $200. I thought we would be there by now.
I don't think you should stick to $ 200 to sell. I am more minded you have to sell at a price below $ 200 when you get a profit, rather than having to wait until the price of $ 200 but it takes a very long time

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July 05, 2019, 05:01:14 PM
 #29

I bought a bunch of LTC at like $40. I’ve seen the USD VALUE go up a lot, and the Satoshi value go down from like 1.0BTC now to .6ish.

Ultimately I care more about Satoshi values.

Should I dump my LTC for BTC and continue to ride the wave up, or be patient and wait for the halvening and see if LTC continues to rally despite taking a bit of a breather.

My target LTC sell was $200. I thought we would be there by now.
for now I suggest switching your ltc to btc. this is possible to speed up your profit than you have to wait until selling ltc at the price point you want. now ltc is very difficult to experience and is still in place
I don’t think that will be a very good idea to sell LTC now because I am still expecting them to have a sharp increase soon, especially now that their halving is very near, and also the fact that their season is also very close, and no altcoins should really be over looked at this point so that you don’t miss out.

Imagine you sell now into bitcoin, and bitcoin starts going sideways, because bitcoin sideways may happen anytime soon with this level of growth it has achieved, if you sell, you will get stocked while LTC starts surging, and since you have already sold your investment off, you will find yourself joining FOMO club to start investing all over again with extra Fiat. There are other coins that you should consider selling off to bitcoin, but not the ones with the top 20.
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July 05, 2019, 05:36:39 PM
 #30

I bought a bunch of LTC at like $40. I’ve seen the USD VALUE go up a lot, and the Satoshi value go down from like 1.0BTC now to .6ish.

Ultimately I care more about Satoshi values.

Should I dump my LTC for BTC and continue to ride the wave up, or be patient and wait for the halvening and see if LTC continues to rally despite taking a bit of a breather.

My target LTC sell was $200. I thought we would be there by now.
No the journey do not stop yet I think. And you will see your target when make another move in short period. And I think next move will occur by depending on eth that means if eth make a move to uptrend then ltc also start. And can reach the target 200$ in near future. Good luck.

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July 05, 2019, 05:41:36 PM
 #31

Imagine you sell now into bitcoin, and bitcoin starts going sideways, because bitcoin sideways may happen anytime soon with this level of growth it has achieved, if you sell, you will get stocked while LTC starts surging, and since you have already sold your investment off, you will find yourself joining FOMO club to start investing all over again with extra Fiat. There are other coins that you should consider selling off to bitcoin, but not the ones with the top 20.
Depends on the time span you are aiming on. I think ltc got more room to grow on the long run with the halving upcoming. If you cant decide go for 50/50

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July 05, 2019, 11:39:28 PM
 #32

Cryptocurrencies popularity are becoming more known which I think it gives good impact to its value. Which it means, there maybe a constant value but because of its potential, no one knows its stable value. Litecoin is somehow a good coin and we should expect more greater value in it.
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July 05, 2019, 11:53:17 PM
Last edit: July 06, 2019, 12:46:56 AM by hirngespenst
 #33

Litecoin seems to be strong at present's price. There has no chance for Litecoin to hit 200 USD within months. So, you may convert your LTC for the Bitcoin! Bitcoin is the best choice to hodl right now. Anytime Bitcoin can hit 15K USD and the recent price is not bad too!

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July 06, 2019, 02:50:51 AM
 #34

I bought a bunch of LTC at like $40. I’ve seen the USD VALUE go up a lot, and the Satoshi value go down from like 1.0BTC now to .6ish.

Ultimately I care more about Satoshi values.

Should I dump my LTC for BTC and continue to ride the wave up, or be patient and wait for the halvening and see if LTC continues to rally despite taking a bit of a breather.

My target LTC sell was $200. I thought we would be there by now.
I don't think it's a good choice. You should really hold LTC and wait for 1 month. With the appeal of BTC, I think that the LTC can increase the highest is 130-135 US dollars in a month. you should still hold it and should not hold or trade BTC.
Currently, the level of movement of BTC is very large and you will not be able to anticipate its price will increase or decrease in the next few days. It is quite risky.

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July 06, 2019, 04:21:58 AM
 #35

Should I dump my LTC for BTC and continue to ride the wave up, or be patient and wait for the halvening and see if LTC continues to rally despite taking a bit of a breather.

Litecoin halving is soon to come, want don't you wait a little for a surprising increase, in my opinion, it is not good to dump your litecoin earlier before the halving because you will be in regret if you do so, keep holding till we see the result of halving atleast there is a chance for a bigger profit.
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July 07, 2019, 01:50:49 PM
 #36

It is better to just focus longterm if you decide to trade long term. Day trading works best for coins like litecoin
 I kind of think litecoin was overvalued at 140 or so and i was expecting a correction. You made good profits already, why not sell and buy some bitcoin with the some of the profits.
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July 07, 2019, 02:08:10 PM
 #37

I think you should determine the attitude based on the graph of the growth of litecoin and bitcoin coins. if right now bitcoin is in a good position maybe releasing litecoin and choosing bitcoin is a good thing, but maybe you should think carefully about that choice

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July 07, 2019, 02:38:26 PM
 #38

Litecoin is not a very bad coin to hold so keep yourself positive while holding that coin and you will get the the profits when you find that the market is going to be bullish, but since you are interested in selling just sell at the target price.

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July 07, 2019, 04:22:23 PM
 #39

Although the time for BTC has fluctuated strongly, the price of LTC is quite stable at about $ 114-120, I hope in the short term LTC can reach $ 150 and at the end of the year is $ 300.
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July 07, 2019, 11:28:18 PM
 #40

This break-out on either side will probably answer a lot of Litecoin's speculation-related questions:



https://twitter.com/BigCheds/status/1148009157448142848
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