Just a thought on Classic
Long term hodler from back in 2016.
The functional value of ETC is nothing compared to ETH, BUT this coin has another purpose similar to Bitcoin.
It should remain as a store of value asset, the transaction fees are low and the code is law, therefore this coin will be POW forever.
What makes it even more interesting to hold for long term is that like BTC, ETC has a limited supply. It tanked countless of bad rep and 51% attacks in the past but ETC won't bulge.
Long term thoughts on ETC: 1000+.
Consider not buying into the highs as I was shocked to see people gladly putting 6 figures into the top range of the ATH.
We might even break below 88-100 area since this coin need to catch a breather and could test 50-70 range since that is a major support.
Consider this not financial advice, I usually don't trade my holdings but since my precious ETC finally got some actions (way too much if you ask me). I was forced to sell and look for a re-entry around the 100-110 range.
Also I would like to point out that ETC usually makes a move before something major happens, of course past actions don't indicate future results. but be prepared for anything! Even on long term holds it is wise to set a SL to then rebuy cheaper!
-ETC IS GOLD-
HAPPY DAYS AND THE BEST TO YOU ALL!
Let me know in the comments what your thoughts are! :)
The functional value of ETC is nothing compared to ETH, BUT this coin has another purpose similar to Bitcoin.
It should remain as a store of value asset, the transaction fees are low and the code is law, therefore this coin will be POW forever.
What makes it even more interesting to hold for long term is that like BTC, ETC has a limited supply. It tanked countless of bad rep and 51% attacks in the past but ETC won't bulge.
Long term thoughts on ETC: 1000+.
Consider not buying into the highs as I was shocked to see people gladly putting 6 figures into the top range of the ATH.
We might even break below 88-100 area since this coin need to catch a breather and could test 50-70 range since that is a major support.
Consider this not financial advice, I usually don't trade my holdings but since my precious ETC finally got some actions (way too much if you ask me). I was forced to sell and look for a re-entry around the 100-110 range.
Also I would like to point out that ETC usually makes a move before something major happens, of course past actions don't indicate future results. but be prepared for anything! Even on long term holds it is wise to set a SL to then rebuy cheaper!
-ETC IS GOLD-
HAPPY DAYS AND THE BEST TO YOU ALL!
Let me know in the comments what your thoughts are! :)
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