Bitcoin Forum
May 11, 2024, 11:27:14 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 [3] 4 5 »  All
  Print  
Author Topic: Big loss  (Read 3836 times)
Dallas5
Sr. Member
****
Offline Offline

Activity: 364
Merit: 250


View Profile WWW
July 06, 2014, 06:45:49 PM
 #41

Don't sell, litecoin is one of the best coins with a strong community. It's still the #2 coin, why sell at a huge loss. When BTC value increases ltc might also increase.

TalkImg was created especially for hosting images on bitcointalk.org: try it next time you want to post an image
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
fonzie
Hero Member
*****
Offline Offline

Activity: 504
Merit: 500


Moderator


View Profile
July 06, 2014, 07:10:52 PM
 #42

LTC is BETAMAX . BTC is VHS. Do the math. Game over!

"To know death, Otto, you have to fuck life in the gallbladder"
www.hsbc.com  - The world´s local bank
"These FUDsters are insane egomaniacs that just want cheap BTC" - oblivi
smalltimer
Sr. Member
****
Offline Offline

Activity: 252
Merit: 250



View Profile
July 06, 2014, 11:31:33 PM
 #43

7$ longterm supportline for ltc now. Bounced back two times from that now. Make some TA. If LTC doesn't make it, none of the altcoins will. That won't happen of course.
It's all pretty oversold right now. LTC could be manipulated downwards, we don't know. Looks like a good point to buy some right now.
anderl
Hero Member
*****
Offline Offline

Activity: 714
Merit: 500



View Profile
July 07, 2014, 12:03:15 AM
 #44

I bought LTC at around $4.17 April 2013.  I panicked when LTC dropped to $1.20 in Sept 2013 only to see it move to almost $50, 2 months later.  Cryptocurrencies are not for the weak of heart and those that can't sit on their hands.
InwardContour
Sr. Member
****
Offline Offline

Activity: 644
Merit: 260


View Profile
July 07, 2014, 12:36:08 AM
 #45

SELL before it reaches 1$ or below!
This is just FUD.

I don't think that LTC or any other altcoin for that matter has any real, long term value. It may be profitable to trade LTC over the short run, but there is nothing that you can do with it other then sell it for bitcoin
Brilliantrocket
Hero Member
*****
Offline Offline

Activity: 826
Merit: 500



View Profile
July 07, 2014, 12:50:41 AM
 #46

LTC is dead as far as development goes. It has done almost nothing to distinguish itself from Bitcoin, so I consider it a shitcoin.
smalltimer
Sr. Member
****
Offline Offline

Activity: 252
Merit: 250



View Profile
July 07, 2014, 12:57:24 AM
 #47

LTC is dead as far as development goes. It has done almost nothing to distinguish itself from Bitcoin, so I consider it a shitcoin.

BTC is also not that innovative jeeez  Roll Eyes

innovation is really not everything. I start calling you guys innovation-sissies soon.

BTC is already so innovative 99% of the people do not understand it.

When investing in alts look for community and devs - that's where it's at. LTC has strong community. That's not going away.
Coblee was also very good with promotion.

You'll be drowning in piles of innovative coins that got nowhere. Mark my words innovation-sissie Wink

Innovation means one thing: bugs
Bitcoin itself is beta still. People will value security over innovation when it comes to money.
juicyjuice87
Sr. Member
****
Offline Offline

Activity: 490
Merit: 250



View Profile
July 07, 2014, 04:12:00 AM
 #48

Potential 51% attack scares seemingly every week sounds like real good security to me..
Ltc is drowning and anyone with a half a brain will get their money out and invest it in something awesome like NXT Cheesy
mymenace
Legendary
*
Offline Offline

Activity: 1596
Merit: 1061


Smile


View Profile
July 07, 2014, 07:30:01 AM
 #49

a big thing i found out in the btc-e trollbox

when they yell sell do the opposite and buy

when they yell buy do the opposite and sell

when they yell hold ?

do some research and make the best decision for you


read this https://bitcointalk.org/index.php?topic=514544.0, I believe it essential for any investing

Grin
jubalix
Legendary
*
Offline Offline

Activity: 2618
Merit: 1022


View Profile WWW
July 07, 2014, 07:41:47 AM
 #50

take half your money put it in Peercoin.

I wish I did this a year ago. I would have been much better of.


NXT, Peercoin and maybe NEM will be the beneficiaries of LTC outflow.

NXT has a lot of functions

Peercoin unlike LTC actually has other things being developed for it, and tone of the community also sets it apart from every other crypto.

PeerCoin also has no competitor. Largely becuase 99.999999% of crypto people don't get it or wher the real money/value is, they are all LTC on GOX btc on Amazon

Admitted Practicing Lawyer::BTC/Crypto Specialist. B.Engineering/B.Laws

https://www.binance.com/?ref=10062065
IamCANADIAN013
Hero Member
*****
Offline Offline

Activity: 714
Merit: 503



View Profile
July 07, 2014, 07:53:06 AM
 #51

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

Be happy you didn't pay $15 like I did, I invested just over $1200 so I feel your pain.

I'm just going to hold out that it will rally and I'll turn a profit down the road. Could take months, years, who knows.

Hopefully the $2 grand is something you can risk losing.
mazuma
Sr. Member
****
Offline Offline

Activity: 311
Merit: 250


View Profile
July 07, 2014, 08:10:39 AM
 #52

its not like he lost the 2 grand. like 35-40 % of it. Cash out. let it tank even more maybe buy again later. Maybe start momentum trading with other alt coins to makeup for some loss. I dont see litecoin having a surge anytime soon, so instead of hold and forget about it, let it tank and buy back again when you feel like its hit rock bottom. Its been declining daily steadily. Anyways BIG Loss , loll , chump change fellow chump change.
EternalWingsofGod
Hero Member
*****
Offline Offline

Activity: 700
Merit: 500



View Profile
July 12, 2014, 03:44:45 AM
 #53

I bought LTC at around $4.17 April 2013.  I panicked when LTC dropped to $1.20 in Sept 2013 only to see it move to almost $50, 2 months later.  Cryptocurrencies are not for the weak of heart and those that can't sit on their hands.

It's still 8 dollars and some
Seems like a good opportunity for its potential up range stock and investing wise

Propulsion
Hero Member
*****
Offline Offline

Activity: 658
Merit: 500


The Buck Stops Here.


View Profile
July 12, 2014, 04:20:42 AM
 #54

a big thing i found out in the btc-e trollbox

when they yell sell do the opposite and buy

when they yell buy do the opposite and sell

when they yell hold ?

do some research and make the best decision for you


read this https://bitcointalk.org/index.php?topic=514544.0, I believe it essential for any investing

Too bad they all yell everything at once then.
balu2
Hero Member
*****
Offline Offline

Activity: 742
Merit: 500


View Profile
July 12, 2014, 04:31:34 AM
 #55

general rule of thumb: buy when fud is strong and sell the newparadigm-euphoria
Took me some time to find out.
It goes to the moon before it has aids and vice versa.
sell moon, buy aids  Wink
boxuser
Sr. Member
****
Offline Offline

Activity: 322
Merit: 250

Credits CRD 1st Decentralized Exchange coin


View Profile
July 12, 2014, 04:56:21 AM
 #56

i would say, wait is the safer way

cp1
Hero Member
*****
Offline Offline

Activity: 616
Merit: 500


Stop using branwallets


View Profile
July 12, 2014, 05:00:07 AM
 #57

What's the point of holding LTC?  If you think it will go up the next time bitcoin goes up you might as well trade it for bitcoin.  If you think it's going to keep sliding down the next time bitcoin goes up you should definitely trade it for bitcoin.  What's the benefit to being stuck with LTC?  Just so you can say you have 100 LTC instead of 2 BTC?

Guide to armory offline install on USB key:  https://bitcointalk.org/index.php?topic=241730.0
Bluestreet
Legendary
*
Offline Offline

Activity: 988
Merit: 1000


View Profile
July 12, 2014, 05:21:16 AM
 #58

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

Welcome to the world of ASICs and everyone that bought them trying to ROI, all scrypt coins are being bent over and taking it in the ass which is why a lot of scrypt coins are either changing algos or switching to full POS.
Fernandez
Legendary
*
Offline Offline

Activity: 1008
Merit: 1000



View Profile
July 12, 2014, 05:26:59 AM
 #59

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

Sorry to hear, but altcoins are a huge gamble. I lost quite a bit on a spread of altcoins too, but I was always aware it was a very risky game.

I would say hold it now, its unlikely to go much lower. The upsides are more at this point.






██████████████████████████████████████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████████████████████████████
███████████████████████████████████████████████████████████████████████▄▄▄███████████████████████
███████████████████████████████████████████████████████████████████████▀▀▀████████████████████████
██████████████████████████████████████████████████████████████████████████████████████████████████
█████████████████████████████████████████████████████████████████████████████████████████████████





...INTRODUCING WAVES........
...ULTIMATE ASSET/CUSTOM TOKEN BLOCKCHAIN PLATFORM...






balu2
Hero Member
*****
Offline Offline

Activity: 742
Merit: 500


View Profile
July 12, 2014, 05:41:41 AM
 #60

What's the point of holding LTC?  If you think it will go up the next time bitcoin goes up you might as well trade it for bitcoin.  If you think it's going to keep sliding down the next time bitcoin goes up you should definitely trade it for bitcoin.  What's the benefit to being stuck with LTC?  Just so you can say you have 100 LTC instead of 2 BTC?

the purpose of trading ltc to btc is to make more coin besides that ltc is more volatile so trading it agains fiat can make even more bank. LTC has the advantage of being more volatile than btc.
Pages: « 1 2 [3] 4 5 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!