Big loss

[unitedss]

i bought 2000$ litecoins at 11.8$ , 2 months ago   
please advise me sell it or wait ? or change it with darkcoin or what ?

[1715411809]

1715411809

[koshgel]

I don't think anyone can predict the future price of litecoin but it has been dying a slow death for awhile. Bitcoin is the only coin worth investing in long term imo.

[notlist3d]

i bought 2000$ litecoins at 11.8$ , 2 months ago   
please advise me sell it or wait ? or change it with darkcoin or what ?

No one can give you a exact answer to this.  It all has risk's.  I hope to see litecoin go back up, but timeline is hard to say.

[Morbid]

first of all its not big. second, when you invest, you should base it on enough knowledge about what you are investing into. its all experimental markets - invest what you afford to lose. you might down short term, but think of the financial abbys we are facing these days. what do you think the masses are going to do once the system crumbles. relax.

[JerryCurlzzz]

i bought 2000$ litecoins at 11.8$ , 2 months ago   
please advise me sell it or wait ? or change it with darkcoin or what ?

it's gonna have a crazy insane pump at some point. could take a long time. i would just hold and pray for it.

[HarryT1923]

i bought 2000$ litecoins at 11.8$ , 2 months ago   
please advise me sell it or wait ? or change it with darkcoin or what ?

it's gonna have a crazy insane pump at some point. could take a long time. i would just hold and pray for it.

i've seen some charts on Tradingview where many seem to think it's gonna rally HUGE. not sure though. scared to put money in.

[Cicero2.0]

It seems to be languishing. A few months ago everyone was saying it is the next big thing. Did NXT take some market share?

[brand]

Doenst the alt exchange help you?

Or the coinpoolz shows on the prices on all alt coins.

[commandrix]

That stinks. It's always possible that the value will go back up, but Litecoin (like Dogecoin and a lot of formerly good coins) isn't looking so hot.

[bitbaby]

i bought 2000$ litecoins at 11.8$ , 2 months ago   
please advise me sell it or wait ? or change it with darkcoin or what ?

I'd say sell, I don't think it's going up in very near future, If you had invested in bitcoin then you'd have already made a profit but its still not late, sell and buy bitcoin.

[Bizmark13]

LTC prices have been following BTC prices very closely until recently when BTC shot up but LTC continued to slide down the charts. It's still at number 2, but it seems that many of the older established altcoins (Peercoin, Litecoin, Namecoin, even Dogecoin) aren't doing so well these days.

I have 1 LTC that I bought at ~$11 so it's not a huge loss for me. I would love to see LTC jump back up, but I wouldn't be too surprised if another coin like NXT reached that #2 position within a year.

[InwardContour]

LTC prices have been following BTC prices very closely until recently when BTC shot up but LTC continued to slide down the charts. It's still at number 2, but it seems that many of the older established altcoins (Peercoin, Litecoin, Namecoin, even Dogecoin) aren't doing so well these days.

I have 1 LTC that I bought at ~$11 so it's not a huge loss for me. I would love to see LTC jump back up, but I wouldn't be too surprised if another coin like NXT reached that #2 position within a year.

The reason for this is because there is no real use for the majority of the alt coins (with the exception of namecoin).

The reason that bitcoin has value is because it is a secure method to pay for things. The Bitcoin network is very secure and there are actual things you can buy bitcoin with that are not bitcoin related. For the most part the only thing you can buy with altcoins is bitcoin. You can get a domain with namecoin but the cost to get a domain on godaddy or other domain registration service for very little fiat.

[HarryT1923]

ouch, that's gotta hurt.

[ALToids]

To be honest that's not a huge loss.  There are many real world stocks that do worse in a shorter time span.  Some peolpe bought LTC at $48, they have a huge loss.

Either sell it, sell partially, or wait for Coinbase to pick it up and it should rocket back up.

Trading volume indicates it's still used as a currency opposed to all other alts.

[JerryCurlzzz]

not sure about Coinbase, but from a historical/TA perspective, there will be a big bounce/pump. who know when, though.

[escrowguy]

Do not panic sell please. Trade it or use it but dont sell it at this price you will regret it at 20$

[hilariousandco]

I don't see the point of selling at a loss right now. Just hold onto them and I'm sure they'll see a rise sometime soon. They'll probably have a spike the next time Bitcoin does.

[CEG5952]

I don't see the point of selling at a loss right now. Just hold onto them and I'm sure they'll see a rise sometime soon. They'll probably have a spike the next time Bitcoin does.

There are no guarantees, but I tend to think it will go down like it did November 2013. Everyone was talking about LTC's death back then too (and all the alts for that matter). Then BOOM, they all outperformed BTC by huge margins near the top of the bubble.

[Glizlack]

I would hold. You already lost around half. It can't really drop a whole lot more quickly. Short of a crash. So you already lost most of what your going to lose assuming it doesn't go back up. I think its going to take some action from the litecoin association to really get much of an increase. They seem to be in complete denial with no public plans to restore confidence.

Steve

[EternalWingsofGod]

i bought 2000$ litecoins at 11.8$ , 2 months ago  
please advise me sell it or wait ? or change it with darkcoin or what ?

Very difficult but maybe your idea to move to darkcoin is smarter
It's at low people scared after darksend bug
But strong and developing with a nice future may be worth a risk that or diversify holdings / dollar cost average litecoin down again/ cheaper entry cost.