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Author Topic: Long, Short or Hodl for LTC?  (Read 507 times)
Sendi blackspade team
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February 07, 2021, 03:36:22 AM
 #21

I will prefer to hold LTc. Very high chances  of pumping this year. Altcoin now target is to reach 200$ then next goal will be 375$ as already achieved in 2019 by Litecoin. Now Litecoin price ia only 155 and there is full chance that it will again achievw All time high 375$ soon.
LTC is very good to be detained for a long time. but still, be careful if the bitcoin market experiences a correction. there is a high probability that it will impact LTC. some of the altcoins on the market did not experience bulls in the current period. but they could be affected if there is a correction in the market. If you want to store altcoins it is better to consider the market capacity as well.
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February 07, 2021, 05:11:42 AM
 #22

LTC-USD is bullishly diverging, while LTC-BTC has already gone up due to bullish divergence. As most (real) trade volume is against USD(T), you'd expect rather the USD pair to have gone up. Maybe it follows. keep on ur mind that it's usdt price depends whether btc is stable above 30K,I love to trade ltc-btc pair,wait to enter at 42K-45.5K sat range
Agreed, that's what I'm thinking about that but bitcoin is not able breaking 41k resistance again. it may be jumped back again to the 32k - 30k range. If we are using LTC-USDT trading pair and it will always need to adjust with the bitcoin price. That means when bitcoin goes up and we will be losing money although the price of LTC - USDT pair was going up.

Is not it too high? This time litecoin was around less than 40k sat.
Long is better for litecoin.

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February 07, 2021, 05:27:26 AM
 #23

if you are not short in funds I think you can hold LTC, for its about the budget of the trader if he can hold a coin then still have funds, for other projects its okay, but if you are just a day to day trader, and don't have enough funds to invest, I won't suggest it, it will only give you limited movements in trading, so it will depend on how much or how big your funds is.

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February 07, 2021, 05:32:51 AM
 #24

Can you give me some of your TA for LTC? 
Aside from Bitcoin, Ethereum and Cardano that I'm currently holding right now I also eyeing Litecoin to hold for at least 1 year minimum

I'm always long for this coin and knowing that Litecoin might be added in Paypal platform (can be used by merchants) possible this year, for sure this will shoot alongside Bitcoin and Ethereum and possible Bitcoin Cash too which is BTW starting to go up already. Hold Litecoin for at least a year but wait for some dips to happen.

 
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February 07, 2021, 06:57:06 AM
 #25

LTC price is mooning along with other altcoins.

Can you give me some of your TA for LTC? 

when i write this post the price of litecoin is about $151 and i believe litecoin price will double from now price
but, of course its depends on how much you believe with litecoin
because all decisions is in your hands, and remember to do your own analysis my friend

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February 07, 2021, 08:24:00 AM
 #26

There is still chance price pumping in the future so stay tuned and hold LTC. However as for a short time holder respons, if you was bought LTC token for lower price then you can sold. Otherwise a long time holder respons go and take hold then you should follow there development everyday.
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February 07, 2021, 08:29:25 AM
 #27

I would stay long for LTC. We all see how LTC have struggle in the market but I think they are doing just fine even though it got passed by LINK, DOT and ADA in just a quick moment. I still believe that LTC will come thru soon enough. Volumes are still good as far as I know. Quick gains are still there in this small bull run of alts. Gotta hold em.
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February 07, 2021, 08:36:36 AM
 #28

I guess LTC is not yet getting pump hard. But the price increase slowly and I think LTC needs to wait for the right time to lift the price. I am sure LTC can increase more than $200 this year, and the chance to go to that price will wide open soon. If you already have LTC by buying at a low price a few months ago, you should hold it and do not use it for trading because the movement of LTC is not good as the other coins. You can confuse to determine the movements if you can not analyze the details of the LTC move.

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February 07, 2021, 08:41:16 AM
 #29

LTC price is mooning along with other altcoins.

Can you give me some of your TA for LTC?  

I always advice people to hold Litecoin with Bitcoin, for me as long as Bitcoin is doing well, Litecoin price will catch up with it, there are two Altcoins that will not die Litecoin and Doge, they will continue to be in top 100 Market cap because most people holding them are OG's and will continue to protect their investment unlike most of these Altcoins out there

actually, you have a point on that. i noticed that even though ltc and doge have no active devts, they can keep up with the market. there was even rumour before that ltc has no more developments going on. but these 2 old alts are still surviving and surprising the community. just like the recent pump of doge. i think it is still safe to hold ltc but should of course keep yourself up to date with market movements.

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trauchot
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February 07, 2021, 09:05:01 AM
 #30

It's hard to say of course, but it all depends from the price at which you bought Litecoin, if you have already made at least x2 profit, then you can safely sell Litecoin and then just wait for the cryptocurrency correction to begin to invest in Litecoin again at a low price, but if If you want to trade with Litecoin, then this is certainly possible, but somehow Litecoin has not grown in price very much recently, so it's up to you here. In general, if I would on your place, I would wait for the correction and then I would invest in Litecoin for a long term.
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February 07, 2021, 09:51:52 AM
 #31

long or shot that mean you play trading future.
I think it's still long but using only a small leverage like x10 and using 10-15% of the total balance.
and it can also make stop losses to minimize losses.

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February 07, 2021, 10:10:36 AM
 #32

Hang in there. Since you have previously made the decision to invest your money in LTC, of course you also have to be prepared for the reality. I don't know how much capital you spent or bought at what price? but knowing that LTC is still significant at $ 152, so be patient and wait for the right time to resell it.

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February 07, 2021, 12:31:44 PM
 #33

I do not trade Litecoin for now, but I hold it until the price increase. But if the price can down, I will buy it more because I think litecoin can rise higher. Maybe litecoin needs more supports to lift the price, but I do not know for sure. But litecoin increase is not too significant like the other coins, and I think litecoin needs more time to increase.



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Periodik
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February 07, 2021, 12:50:17 PM
 #34

Don't rely too much on TA right now. Surprises are happening both in Bitcoin and altcoins.

I am in favor of hodling LTC. The price of LTC at $161 is still very low. It is still considered an undervalued altcoin. LTC is Bitcoin's bronze so I think the future of LTC is great. It will be making a new ATH a few months from now.

With the great help of Bitcoin's price increase LTC might reach $200 days or weeks from now.
Yes, it's still quite inexpensive if you really are looking to the market. There's still more for Litecoin but for those who are holding it already, you need to be patient.

That has always been the key with cryptocurrency, patience. Without it, you will sell either with very limited profit or with a loss. Patience is always the key. If you have Litecoin and you decided to make some profit from it, trust that it will give you just that. But Litecoin is not a special altcoin. It is one of many old trusted coins which will still experience dumps. So just be patient during the dumps and wait for the bullish season. It will come.
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February 07, 2021, 02:29:56 PM
 #35

LTC price is mooning along with other altcoins.

Can you give me some of your TA for LTC? 

I think you should sell your LTC and wait for the altcoin price to go down a bit far. Then use the money you sell your LTC to invest in ethereum. Because ethereum is much more profitable than LTC.

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deathcode
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February 07, 2021, 03:04:36 PM
 #36

In my opinion I guess we can see another bull market this year because no sign of dump yet after bitcoin reached new all time high, so if you want to invest in LTC maybe you should hold it. I'm sure you will gain profit of it because seems LTC is trying to reach the all time high so it can double your money.  
I myself haven't seen a good move after the last update they did. this would be a good pump if the LTC was currently in high demand. unfortunately at this time bitcoin dominance is still quite high, as well as ethereum. We'll see a better altcoin pump when bitcoin dominance starts to wane and stabilize. if so, then LTC still has the possibility to reach its highest price.
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February 07, 2021, 03:08:20 PM
 #37

In my opinion I guess we can see another bull market this year because no sign of dump yet after bitcoin reached new all time high, so if you want to invest in LTC maybe you should hold it. I'm sure you will gain profit of it because seems LTC is trying to reach the all time high so it can double your money.  
If you look at conditions like now I think it is better to hold on to Litecoin,
and if you are sure you plan to hold the coin we must have patience because for me it is an important thing,
besides that we also need to look at market movements and developments in litecoin as well and hopefully later on, Litecoin will reach its highest price

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February 07, 2021, 03:11:31 PM
 #38

I do not trade Litecoin for now, but I hold it until the price increase. But if the price can down, I will buy it more because I think litecoin can rise higher. Maybe litecoin needs more supports to lift the price, but I do not know for sure. But litecoin increase is not too significant like the other coins, and I think litecoin needs more time to increase.
It will take a bit long time for LTC to get up and cause of that in my opinion LTC is the best choice for long-term investing. If you want to make quick money from LTC investment, it is really hard. LTC will rise in the future, maybe we will see it till the end of 2021. Sometimes l prefer holding LTC in my wallet and to tell the truth LTC has always made me happy. l believe this year will be the best year for LTC.

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February 07, 2021, 03:13:44 PM
 #39

LTC price is mooning along with other altcoins.

Can you give me some of your TA for LTC?  
It shows a gaining price, this will simply mean that it moving high compared to its status this time. Bitcoin moves high, altcoins will be doing good as well as a follower. But of course, we still need to check the market first, don't rush, that would be the best thing to do.
If you have some LTC now, just hold it for a while as it is possibly be hitting its ATH once again just like ETH. LTC is one of the leading altcoins, can't ignore the chances that it can yield more profit if you are investing it earlier.

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February 07, 2021, 06:12:51 PM
 #40

Be careful with litecoin. 150 support already disappeared and if bitcoin gets dumped even deeper probably 30k and litecoin may back again to the below 140
This coin is a good coin but it looks like the moon time is end right now. This time for the crypto market to get another correction again and litecoin will be following it.
Litecoin will go even deeper than bitcoin. Just try to use this coin for the short term trade only.

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