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Author Topic: [ANN] Litecoin - a lite version of Bitcoin. Launched!  (Read 1460177 times)
care2yak
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May 24, 2021, 03:52:59 AM
 #8181

what is a reason of the dump?

Fear. The fear and greed index registered extreme fear from the market. Traders pulled out and saved whatever was left of their funds. The panic is like a domino effect and that’s the dump we’re seeing now. It’s a cycle.
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Mr.Scott
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May 24, 2021, 05:43:19 AM
 #8182

what is a reason of the dump?

Fear. The fear and greed index registered extreme fear from the market. Traders pulled out and saved whatever was left of their funds. The panic is like a domino effect and that’s the dump we’re seeing now. It’s a cycle.
Fact is litecoin is heading back to $100 very likely if the dump continues. This is cycle, the most obvious thing in the universe. It's crypyo, anything can happen. Only the experienced know how to handle this. I'm a 2018 survivor and still don't know how to handle it properly however I realize that panic selling not an answer.

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care2yak
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May 24, 2021, 06:42:04 AM
 #8183

what is a reason of the dump?

Fear. The fear and greed index registered extreme fear from the market. Traders pulled out and saved whatever was left of their funds. The panic is like a domino effect and that’s the dump we’re seeing now. It’s a cycle.
Fact is litecoin is heading back to $100 very likely if the dump continues. This is cycle, the most obvious thing in the universe. It's crypyo, anything can happen. Only the experienced know how to handle this. I'm a 2018 survivor and still don't know how to handle it properly however I realize that panic selling not an answer.

It can head back to zero if it’s a dying project. It can bounce back to 350 if the market realizes how easy it is to make transactions with ltc. It can go beyond 350 if demand for ltc goes higher. It can sustain a higher value if there are projects that will require ltc use so it becomes significant - useful. I suppose that’s one thing that needs to get figured out — how to make ltc significant so its value is sustained...

If it hits 100 or 40, i’d still buy and accumulate. I got into crypto late 2014 but got serious about it only a year after then survived my first crash the same year you did. And life goes on, accumulating crypto whenever i can. You’re right about panic selling not being the right way to handle the crash. Because after years in crypto, there will always be corrections. So it’s a cycle. I suffer shock too but after a while, i just keep my port and patiently wait until the market heads to a more positive direction again.
raji1995naya
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May 29, 2021, 10:02:06 PM
 #8184

Still, LTC was the second cryptocurrency to be released, and despite being a BTC clone, it was always better and more evolved. If the crypto market finally goes bullish again, I am confident that LTC will follow and the price will rise; but, if anyone believes that LTC will go on its own bull run due to Mimblewimble or any other technological advancement, I am skeptical.

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mrbanjo
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May 30, 2021, 02:59:33 PM
 #8185

what is a reason of the dump?

Fear. The fear and greed index registered extreme fear from the market. Traders pulled out and saved whatever was left of their funds. The panic is like a domino effect and that’s the dump we’re seeing now. It’s a cycle.
Fact is litecoin is heading back to $100 very likely if the dump continues. This is cycle, the most obvious thing in the universe. It's crypyo, anything can happen. Only the experienced know how to handle this. I'm a 2018 survivor and still don't know how to handle it properly however I realize that panic selling not an answer.

Unfortunately for many, Litecoin has remained a cheap and fast deposit and withdrawal to exchanges.
In comparison with other projects that have been on the market for several years, the development is not in a hurry, and as a result, LINK and ADA have already overtaken by a circle. For long-term investment, would choose something else.

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jqprez
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May 30, 2021, 06:03:31 PM
 #8186

what is a reason of the dump?

Fear. The fear and greed index registered extreme fear from the market. Traders pulled out and saved whatever was left of their funds. The panic is like a domino effect and that’s the dump we’re seeing now. It’s a cycle.
Fact is litecoin is heading back to $100 very likely if the dump continues. This is cycle, the most obvious thing in the universe. It's crypyo, anything can happen. Only the experienced know how to handle this. I'm a 2018 survivor and still don't know how to handle it properly however I realize that panic selling not an answer.

Unfortunately for many, Litecoin has remained a cheap and fast deposit and withdrawal to exchanges.
In comparison with other projects that have been on the market for several years, the development is not in a hurry, and as a result, LINK and ADA have already overtaken by a circle. For long-term investment, would choose something else.
I think the real strength of this project is to remain traditional. when ethereum collapses, because it is not sustainable, LTC will take its place
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