Litecoin is below 5 USD ,what should I do

[Benjig]

I guess Bitpay will accept Litecoin very soon, so at this point I would keep them.

Where do you get this information?

I thought the litecoin creator is working for coinbase and yet there is no sign that they will process litecoin payment any time soon.

That are just fuds.. the same was last year with mtgox, and mtgox first got bankrupt than adopting litecoin, i think some exchanges dont see any advantage on litecoin over bitcoin to adopt it, only less time block rewards.

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[promailer]

Keep some litecoins and wait for 100$ per 1LTC .

[Nakashima]

The price is already so low. Kind of pointless to sell.

I feel the same way,too low too sell and too risk too continue
but I can't stop thinking about the bright future I used to believe in

[paduser]

Wait for the rise of BTC. LTC will rise then too like he did the last times.

[Nakashima]

Wait for the rise of BTC. LTC will rise then too like he did the last times.

I had the same faith as you did till yesterday

[virtfund]

Maybe it will, but I don't think it is very likely Litecoin will end up surviving. How long it has and its price trajectory beforehand, is another matter.

[paduser]

Wait for the rise of BTC. LTC will rise then too like he did the last times.

I had the same faith as you did till yesterday

If you dont trust in LTC then you could sell a few so you wont lose anything if it crashes.

[unpure]

Sold all of my LTC.

Still have a few ASIC running at great loss. WIll probably turn it off in a month or two.

[Schwarzalbert]

Where do you see the weaknesses of LTC in regard of other newer coins these days?

Would like to know your opinion about it.

[MajidBC]

Can someone please explain me why Litecoin price dropped recently? (Sorry it's not your answer.)

[thefunkybits]

I would say it's time to start thinking about buying some LTC...


The difficulty has gone up at least 10X while the price has only gone down 10X. This will eventually lead to a supply squeeze and another bubble in price 

Notice how the difficulty has been growing since January's ATH - https://bitcoinwisdom.com/litecoin/difficulty

[ff678]

I would say it's time to start thinking about buying some LTC...


The difficulty has gone up at least 10X while the price has only gone down 10X. This will eventually lead to a supply squeeze and another bubble in price 

Notice how the difficulty has been growing since January's ATH - https://bitcoinwisdom.com/litecoin/difficulty

Couldn't agree more
And it's also a really good time to start purchase some ASIC miners.
Factories like ZEUS or Gridseed are dying to clear out all their stocks, because they all need cash to run the next generation
,you may see the latest price dropping. It looks like a good chance to milk them to the last drop this time.

[srt1234]

Guys,

check out BTC price on May, 2013. Dropped 70%, ppl shited in their pants, and we all know what happened in the next 12 months.

If you are a gambler, jump in to ltc, it might be another BTC, nobody knows.

Before that, Do you own analysis, don't buy anything you know nothing about.

[Bitcoins101]

I would say it's time to start thinking about buying some LTC...


The difficulty has gone up at least 10X while the price has only gone down 10X. This will eventually lead to a supply squeeze and another bubble in price 

Notice how the difficulty has been growing since January's ATH - https://bitcoinwisdom.com/litecoin/difficulty

Why, though? There's a reason it costs like 1% per day to short it right now. Buying LTC is like trying to catch a falling knife.

If you think LTC has a future (which it doesn't), at least wait until starts going back up again before buying back in. There's too high a likelihood of being a bagholder right now when it dips below $1.

[HCLivess]

Panic sell

I couldn't agree more.

Give into the dark side and sell, sell, sell.....


~BCX~

You mean the DRK side? Huehuehue

[lynn_402]

Litecoin still seems overvalued to me. It's still worth almost 10x more than the next non-premined coin, by market cap.

http://coinmarketcap.com/

[troleybüs]

You better sell before it's too late. Remember, last year today Litecoin was under 2$. There is no point holding a garbage coin with no supporting dev or community.

[niothor]

It’s been a while since the dropping, people were talking in this forum ,about the price,  the asic and the future. I am a regular miner who have faith in crypto but can’t afford to lose everything I got just by my faith. There are so many topics about litecoin is dead or it’s not. What I really want to know are :
Litecoin is Now Below 5 USD ,what should I do?I got coins,not only LTC,Doge,even a small amount of Mona, should I sell them all or should I get more?
Asic factories are selling asic machines at a very low price now,is this a good opportunity to get some asics?

Please try not to spread FUD or giving hope for no reason.Thx.

Rule of investment.
Never invest more than you can afford to lose.

And most people here will give you advice based on what coins they hold in their wallets.
I wound't trust more than 1% of them to give you an unbiased answer on this.

[troleybüs]

It’s been a while since the dropping, people were talking in this forum ,about the price,  the asic and the future. I am a regular miner who have faith in crypto but can’t afford to lose everything I got just by my faith. There are so many topics about litecoin is dead or it’s not. What I really want to know are :
Litecoin is Now Below 5 USD ,what should I do?I got coins,not only LTC,Doge,even a small amount of Mona, should I sell them all or should I get more?
Asic factories are selling asic machines at a very low price now,is this a good opportunity to get some asics?

Please try not to spread FUD or giving hope for no reason.Thx.

Rule of investment.
Never invest more than you can afford to lose.

And most people here will give you advice based on what coins they hold in their wallets.
I wound't trust more than 1% of them to give you an unbiased answer on this.

%1 is still huge number. I would say %0.0001

[fusioncoins]

Litecoin isn't anymore the 2nd choice as it used to be 1 years ago. I suggest you to sell all your LTC.