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Author Topic: Long, Short or Hodl for LTC?  (Read 507 times)
ScamViruS
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February 07, 2021, 06:41:39 PM
 #41

LTC price is mooning along with other altcoins.

Can you give me some of your TA for LTC? 

I do not see Litecoin making independent attempts to grow. This situation is certainly disappointing. Litecoin exactly follows the dynamics of Bitcoin. Everyone has their own views on Litecoin but it seems to me that this is a stable, although unpromising coin. Although some make good money on it.

You are right. Litecoin is currently only going with the movement of Bitcoin. If the price of this altcoin depends on the price of bitcoin, then it is better to trade in bitcoin than to trade in this coin. This will definitely cause frustration among traders, I myself do not expect much from litecoin in the current market situation. The prices of other top coins have already changed a lot, which is attracting traders to other coins.

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February 07, 2021, 08:26:31 PM
 #42

Yeah LTC is a good choice to be holding right now even for daily uses is good as transactions fees are not so high and it's faster to confirm and not mention that there is an airdrop from Flare Network is coming for LTC holders so there is a potential for it to rise and maybe reaching ATH again i think that in the next 6 month it's possible to see it in 400$ mark.
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February 07, 2021, 08:32:28 PM
 #43

Long of course, LTC is an old coin which have strong enough community behind it.
Also the graph looks so good if you want to fill your bags before the price will going up again.

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February 08, 2021, 10:39:21 AM
 #44

LTC price is mooning along with other altcoins.

Can you give me some of your TA for LTC?  
The new ATH reaches some old altcoins except Litecoin, EOS blockchain, Tron blockchain, Monero Gold and Tezos. Litecoin hold must be the right decision until the highest ATH. Some altcoins didn't pump to the new ATH, those altcoins will pump next time. I can predict that here all old altcoins could be a good investment, but EOS and Litecoin are my favorites.
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February 08, 2021, 11:31:10 AM
 #45

LTC price is mooning along with other altcoins.

Can you give me some of your TA for LTC? 

I do not see Litecoin making independent attempts to grow. This situation is certainly disappointing. Litecoin exactly follows the dynamics of Bitcoin. Everyone has their own views on Litecoin but it seems to me that this is a stable, although unpromising coin. Although some make good money on it.

You are right. Litecoin is currently only going with the movement of Bitcoin. If the price of this altcoin depends on the price of bitcoin, then it is better to trade in bitcoin than to trade in this coin. This will definitely cause frustration among traders, I myself do not expect much from litecoin in the current market situation. The prices of other top coins have already changed a lot, which is attracting traders to other coins.

yes, this time LTC can't do much compared to some of the other top altcoins that have increased significantly like ETH, BNB etc. I also agree with you, it looks like this is not the time for LTC to experience a significant movement in the current market conditions. a little advice for OP with (HOLD) LTC, and do other things that can be profitable by Taking advantage of the current market situation.

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February 08, 2021, 11:44:27 AM
 #46

Yeah LTC is a good choice to be holding right now even for daily uses is good as transactions fees are not so high and it's faster to confirm and not mention that there is an airdrop from Flare Network is coming for LTC holders so there is a potential for it to rise and maybe reaching ATH again i think that in the next 6 month it's possible to see it in 400$ mark.

You named 3 good points. The song about the Flare Airdrop has not yet become so public. That worked well at Ripple recently. But thank you that the Airdrop will only be paid out in several months.

I am more and more surprised that the LTC is not yet above the ATH. A lot is still missing and that requires a certain amount of hype. If that's the Airdop, then I would be happy.

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February 08, 2021, 12:36:37 PM
 #47

LTC for hodl is not something I recommend you to do and even for shorts it is very risky and the reason is simple:

Look at the current price:

LTC against USDT = $152

LTC in relation to BTC = 0.003887 BTC

the problem in short is when the price of bitcoin increases in some cases the price of LTC drops and makes the price of LTC in relation to dollar take time to increase and it can happen that the price of bitcoin drops soon and the person is not left with profit.

this example of mine can also apply to hodl in the case of LTC, because the LTC price in relation to bitcoin is having great difficulty in increasing

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February 08, 2021, 10:38:09 PM
 #48

Yeah LTC is a good choice to be holding right now even for daily uses is good as transactions fees are not so high and it's faster to confirm and not mention that there is an airdrop from Flare Network is coming for LTC holders so there is a potential for it to rise and maybe reaching ATH again i think that in the next 6 month it's possible to see it in 400$ mark.

You named 3 good points. The song about the Flare Airdrop has not yet become so public. That worked well at Ripple recently. But thank you that the Airdrop will only be paid out in several months.

I am more and more surprised that the LTC is not yet above the ATH. A lot is still missing and that requires a certain amount of hype. If that's the Airdop, then I would be happy.
I think the hype for the airdrop will drive LTC prices higher and the gain from their prices getting higher will be much greater value then the airdrop itself because incase of the flarenetwork airdrop for LTC it will be like 75Spark for 1LTC compared to 1Spark to1XRP.
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February 08, 2021, 11:12:17 PM
 #49

For me it is the best if we hodl LTC now and patiently wait. A lot of crypto experts are saying that LTC is the closest friendly cryptocurrency to bitcoin. It means that LTC and bitcoin can help each other in the future to make some big impact in crypto market so it means also that LTC have a big potential in becoming top coins. But right now, I need more information and details to gather about LTC.

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February 08, 2021, 11:17:54 PM
 #50

If you buy now, I suggest holding for the short term. It is a bullish season, I won't plan to buy many coins for the long term in this season. If you want to buy LTC for the long term, you need to wait for the big correction or even bearish season. Why? It can avoid you buying at an expensive rate and minimize the chance to see big drops after the bullish season.
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February 08, 2021, 11:32:41 PM
 #51

There are some altcoins that are experiencing high pumps at the moment, such as ethereum, doge, and XRP. We don’t know what altcoins will next
experience in high pumps. Actually, we should’ve prepared with some other TOP coins. Maybe like LTC, it’s not wrong if you hold it right now.
Who knows will surprise and pump with the new ATH. Basically LTC is pretty good and altcoins are popular as well.

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February 09, 2021, 04:44:26 AM
 #52

Well, if I already have LTC in my wallet, I'll hold it for now. looking at the current developments, popular altcoin prices have caught up with their ATH prices. some have even surpassed it. however, until now LTC is still quite far from its ATH price. So, I think that LTC will probably pump this year, and is close to its ATH or exceed it.

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aryana42
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February 09, 2021, 06:05:21 AM
 #53

Litecoin just started to increase together with other altcoin, so I think it is better to hold until it reach more than the LTC ATH last 2017. Ethereum keep on increasing, so it is no wonder that other altcoins also climbing up.

All of this is because Bitcoin has increased by up to 20% from the previous price, so other tokens such as Ethereum, ADA, LTC, Doge, TRX and others have also experienced a very good increase, another one is TEN where the increase has exceeded 80% of the price previous.
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February 09, 2021, 09:43:41 AM
 #54

Well, if I already have LTC in my wallet, I'll hold it for now. looking at the current developments, popular altcoin prices have caught up with their ATH prices. some have even surpassed it. however, until now LTC is still quite far from its ATH price. So, I think that LTC will probably pump this year, and is close to its ATH or exceed it.
LTC still hasn't seen a significant increase compared to other top altcoins or other coins pumping more than 2x, but I don't think LTC is bad, it's worth investing in, and if you already have this altcoin then just wait patiently. until the price of LTC increases significantly.
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February 09, 2021, 11:05:49 AM
 #55

LTC price is mooning along with other altcoins.

Can you give me some of your TA for LTC? 

hold is a good choice for now, because the ATH price for LTC is $ 375.29 (Dec 19, 2017) and currently the price of LTC is $ 161.38, so of course if the price of LTC reaches its ATH price then you will get a big profit, because for now I see that several cryptocurrency have reached their ATH price or even make a new ATH price (such as BTC, ETH, DOT, BNB, DOGE), so there is a big opportunity for the price of LTC to reach its ATH price too and even make a new ATH price, therefore HOLD is the right choice for LTC at this time.
Yes offcourse godl for now. But little curious about Doge to hodl.

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February 09, 2021, 11:59:04 AM
 #56

Well, if I already have LTC in my wallet, I'll hold it for now. looking at the current developments, popular altcoin prices have caught up with their ATH prices. some have even surpassed it. however, until now LTC is still quite far from its ATH price. So, I think that LTC will probably pump this year, and is close to its ATH or exceed it.

Litecoin has a great potential for growth. And those who hold it will definitely be satisfied with its new ATH, which LTC has not yet achieved. I assume that litecoin, as well as ethereum and bitcoin, should surpass its previous ATH by at least 2 times.

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February 09, 2021, 04:12:21 PM
 #57

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.
LTC is also profitable actually, it's just a little slower than Ethereum, and what you are suggesting is a very good thing because Ethereum is still the king of Altcoin to date, so it is obviously a very good choice.
If Litecoin is compared to ethereum I don't think it's fair,
because after all, as you say that until now, ethereum is still the king of altcoin,
the important thing is we have to have the right strategy for Litecoin,
because the coin is one of the potential coins and maybe in the future the coin can develop even further

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February 14, 2021, 06:44:33 PM
 #58

It is all up to  you no one can suggest better than you. Just a person suggest you to go for long another person for short and another one told you to hold. Now what will you choose its regally tough? Yes it is. Just think if you go for long by the suggest of a users and price gone down. Then whom you blame that person. But is that person deserve it? No, because he shares his thought to you because you ask. So just try to be Your self on crypto. Because only you are the person who can take best decision and could be happy with any condition and any result you got from your choice. Because you can learn from your mistake and achievement. So It's all up to you.

Please don't mind i hope you understand that my every single word is for your Better future on crypto industry. Love you friend. And have a safe journey on crypto.
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February 14, 2021, 06:57:46 PM
 #59

LTC price is mooning along with other altcoins.

Can you give me some of your TA for LTC? 
I do not want to sound to be a shiller but my general overview is that market is going to be very bullish in coming months so even if we talk specifically about LTC is see big room for growth may be 5x to 10x more potential.

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February 14, 2021, 06:59:17 PM
 #60

LTC price is mooning along with other altcoins.

Can you give me some of your TA for LTC? 

everyone must say hold it because the price is down and can make you lose if you sell it now. If you are a trader you will have to hold for the short term so that you can trade using other potential altcoins that could give you bigger profits. if you want to invest in LTC then you have to hold in the long term until LTC rises higher in the future
That is certain, especially considering that the conditions like now are not possible to sell it,
the most important thing in investing we must always follow developments and market movements,
And if you really want to invest in litecoin, you have to have the patience to hold it in the long term

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