When Litecoin dips really low in price, I am buying a LOT!

[Paycheck]

Over the years, Litecoin has been reliable for surging when BTC price pops.  Last winter I bought 15 LTC at $30 each, along with many other alt coins.  However, I foolishly didn't sell it at $140 a few months later and the price has retreated.

So I'll be ready for the next price cycle.  Buy low sell high!  When I feel the price has bottomed, I will buy hundreds of LTC.

I didn't sell my LTC for $140 in June because I thought BTC was beginning its next huge price swing, and it didn't last.  Like me in my wife, it shot its load too soon.  

[Pearls Before Swine]

Like me in my wife, it shot its load too soon.  

Way too much information, but I get your point.

Can't fault you for thinking ltc would go higher, because it seemed like a sure thing for a while there that most altcoins would, but the crypto market has a way of giving a reality check to all of us at some time or another.  I'm not so sure ltc is the best coin to be buying right now, but I don't think it's the worst by any means.  It'll be one of the ones that survives while the lesser quality ones will be headed towards zero.

Buy low sell high!  When I feel the price has bottomed, I will buy hundreds of LTC.

At least you get that fundamental principle of investing instead of what most people are doing now, which is staying out of the market.  Litecoin may not have bottomed just yet, but it's probably close.  I wouldn't wait too long before backing up the truck.

[CjMapope]

Over the years, Litecoin has been reliable for surging when BTC price pops.  Last winter I bought 15 LTC at $30 each, along with many other alt coins.  However, I foolishly didn't sell it at $140 a few months later and the price has retreated.

So I'll be ready for the next price cycle.  Buy low sell high!  When I feel the price has bottomed, I will buy hundreds of LTC.

I didn't sell my LTC for $140 in June because I thought BTC was beginning its next huge price swing, and it didn't last.  Like me in my wife, it shot its load too soon.  

ya litecoin is kinda like doge in that sense, usually has a good pump once a year or so
i dont think it has in a while so it might be due!
LTC could have been as big as BTC price wise if it had a slightly different inception, its a great coin

[boltz]

Over the years, Litecoin has been reliable for surging when BTC price pops.  Last winter I bought 15 LTC at $30 each, along with many other alt coins.  However, I foolishly didn't sell it at $140 a few months later and the price has retreated.

So I'll be ready for the next price cycle.  Buy low sell high!  When I feel the price has bottomed, I will buy hundreds of LTC.

I didn't sell my LTC for $140 in June because I thought BTC was beginning its next huge price swing, and it didn't last.  Like me in my wife, it shot its load too soon.  

Hahaha dude I laughed so hard at your statement " Like me in my wife, it shot its load too soon" I know the feeling but still...that was not properly to tell.

Whenever litecoin has a dip, the all market has a dip not only litecoin but I understand your point of view as Litecoin one day I think it will secure back that number 2 spot on coinmarketcap. If you're expecting only the bottom to buy , you may miss it if you somehow don't have low placed buy orders to secure the coins when a dump occur.

[NathanJB]

Over the years, Litecoin has been reliable for surging when BTC price pops.  Last winter I bought 15 LTC at $30 each, along with many other alt coins.  However, I foolishly didn't sell it at $140 a few months later and the price has retreated.

So I'll be ready for the next price cycle.  Buy low sell high!  When I feel the price has bottomed, I will buy hundreds of LTC.

I didn't sell my LTC for $140 in June because I thought BTC was beginning its next huge price swing, and it didn't last.  Like me in my wife, it shot its load too soon.  

Litecoin is already cheap right now. I treat $50ish price of Litecoin as cheap already. It is always easy for Litecoin to hit $100. That is an unarguable fact. No worries for having not sold yours at $140. It will not take a couple of months for Litecoin to hit another $140 and even higher. My Litecoin's are not for selling even at $140. I will wait for the $300 level before a portion of it will hit the exchange for selling.

[Tipstar]

The price of LTC rose around the time of its halving. It has always done so. The next halving of litecoin would occur in 1384 days. That's more than 3 years and 9 months. That's a long time to wait. But there's another popular coin about to go through another halving soon. Within the next year. Could anyone guess the coin?

[Beparanf]

I was able to sell my LTC those days since I regretted not selling or cashing out some of my alts and BTC in 2017 ATH. I already learned my lesson on setting realistic amount only. But LTC is no doubt a good investment that can wait anytime since it's price never falls too low, I'll try to buy LTC one of this days again.

[tsaroz]

I was able to sell my LTC those days since I regretted not selling or cashing out some of my alts and BTC in 2017 ATH. I already learned my lesson on setting realistic amount only. But LTC is no doubt a good investment that can wait anytime since it's price never falls too low, I'll try to buy LTC one of this days again.

If you chose a good coin on their low time, you'll always make a profit if you have patience to hold it. So, it would be a good idea to keep at least 5 different popular and trusted coins and buy them on their lower price while sell on higher. Halving generally increases the price of a mineable coin as it would mean decrease in amount of coin issued in the same interval of time.

[ethereumhunter]

I bought 15 LTC at $30 each, along with many other alt coins.

I guess you may not see LTC price will go down at $30 again this time unless there is a big dump on bitcoin, so that will affect all of the altcoins too. Maybe the price will go down below $50, but to get down lower than $40, I am not sure. It is okay if you miss the chance to sell your LTC at $140 because I am sure you will see it in the next bull run. Maybe you need to adjust your buy price, so you don't have to hope to see the LTC price will be at $30 again.

[Shasha80]

Litecoin (LTC) will always be my favorite investment. Talking about the lowest price of LTC so we can buy later and
hold until it reaches the target sell that we want. I think right now almost all coins including LTC have entered a low price
to buy. I also bought LTC recently, and hope that later this year there will be an increase in LTC prices. But as we know LTC
the ascending process is rather slow, but one day it will rise to the top too. All it takes is a high level of confidence and patience.

[Javi_Anibarro]

That is greedy for you, no matter what coin you are holding on right now if you keep that mindset the result will stay the same.
there is no low and high if you do not put the numbers, that is fine if you are holding it again but make sure to set your high to prevent this from happening again.
Litecoin is a legit investment like Ethereum, it will survive this bear market and when the bull starts always remember to not being greedy again and always secure at least half of the profit. And use the rest for holding or waiting for a higher profit.

[BigBos]

in fact, things like this happen very often, especially for those who have coins who are pumping. yes, we are sometimes fooled by the news that sometimes says "bitcoin will touch the new ATH this year" "altcoin price recovery" and others, so we skip the train just like that.

I think LTC is quite influenced by the price of bitcoin. if you pass the price of $ 140, you need to wait again for now. we are all waiting for the new ATH that can be achieved from the coins we hold. if the price of bitcoin starts to recover at the end of the year, I think it will affect LTC again and you get your chance again.

[dothebeats]

Litecoin may have been the most underdog altcoins throughout the years despite being one of the best performers when it comes to crypto winters. Sure there may had been lots of dumps that happened over the course of 2 years, stemming mainly from community division and whatnot, but one cannot deny the fact that LTC has been pretty solid and consistent even with the likes of ETH and DASH taking over the scene.

P.S., last part may have been overshare lol.

[lolgato1]

I do not understand why people are still shilling Litecoin. For me it is a testnet for Bitcoin, nothing else. Why would you use Litecoin, when you have Lightning Network? Litecoin palns to add privay feature, but Bitcoin can also add this feature. 

[pamsugas]

Litcoin mining rewards are getting smaller so that the rarity of litcoin will occur but remember that if it is not yet the altcoin season, litcoin will be difficult to ascend. so I thought litcoin would still be able to fall back and I would buy some litcoin when it fell.

[Herbert2020]

it is a terrible idea and generatlly speaking when it comes to altcoins you should never do something like this, meaning to buy them in their dip. because altcoin drops are different from regular dips in some real legit asset like stocks,... altcoin drops are drops which is 99% of the times their bubble burst and their over all long term dump. which means it is not a dip (aka a drop that is going to reverse) it is a regular drop (drop that is not going to reverse, instead will go down more).

the correct strategy when buying altcoins is to buy them when they are starting to pump instead. which means when you saw the price is starting to rise fast and a big volume is being injected in the market pumping the price up. that is when you should buy.

[Kyraishi]

It's a decent idea and has solid reasoning, but you where talking about different times. Previously, ICOs where the hottest thing and when BTC and other altcoins got dumped, they rose back up and the altcoins followed.

Nowadays, altcoins don't care about anything and they don't follow the price movements of Bitcoin now. Look at Ethereum as an example, that thing has been all red in the past months and you need to take all the knowledge you have from trading and throw it out of the window. It's a different time now altcoins might never actually recover.

[GreenStox]

if you still hold litecoin with a very large amount like that then there is a very smart choice because the price of liteoin has a very good potential to be able to get a lot of profit when the price of bitcoin rises, the price of litecoin will also follow, litecoin is also a coin legend that still can stand firm until now.

[Aabcde]

If I were you, I would sell it for $ 140 and wait again when the price goes down to buy. But basically you do not lose if you sell it right now. So it's better to keep it again until it really matches the desired price. But always remember, if you play short term, then sell when there is profit, but if it's long term, determine how long you will hold it. that's all from me. Don't be too greedy. Goodluck buddy.

[Winscosinally]

Over the years, Litecoin has been reliable for surging when BTC price pops.  Last winter I bought 15 LTC at $30 each, along with many other alt coins.  However, I foolishly didn't sell it at $140 a few months later and the price has retreated.

So I'll be ready for the next price cycle.  Buy low sell high!  When I feel the price has bottomed, I will buy hundreds of LTC.

I didn't sell my LTC for $140 in June because I thought BTC was beginning its next huge price swing, and it didn't last.  Like me in my wife, it shot its load too soon.  

Lol its always a really good opportunity when big altcoins dip in price, its a good sign for buying, i still hope bitcoin can drop back to 5k all i will gladly put in lots of money, but its advisable to always sell when you see profits and wait again for another price drop