لايتكوينتم تحديثه LTC- Next move
This is for my personal reference. Benchmarking and reflection.
I was pretty high on LTC. Not as a LT hold but as a cryptosaurus that was way behind and due for a pump based on the LTC/BTC trading pair.
And i was right. It pumped. Unfortunatly it had to compete with some timely pumps of equally retail eye-catching coins.
I say retail, because LTC is just one of those coins that new entrants gravitate towards when they realize they can only afford 0.01 BTC with their initial 'test this new world' investments. Financially its the same investment, but something about owning 20 LTC is more psychologically fullfilling than owning 0.01 BTC.
On an extreme level thats the same value to retail entrants for DOGE, XRP, XLM, etc. I can buy alot of them.
Suffice to say i beleive LTC is (and will continue to be) one of the bigger beneficiaries of the ongoing dump arising from the 40Bill DOGE pump and 30Bill XRP pump.
If it wasn't for BNB and CAKE and these other cefi spinoffs, it would have gotten alot more.
LTC fans will hate me for it. but i'm pretty neutral here. even with a $360 PT thats a modest return IMHO for 30 days when there's really only a 120-150 day window to capitalize on. Not moving on just yet. And i'm pissed that there's been so many distractions for new retail money. Especially crap distractions adding no value. But i need LTC to get a good pump here soon. Or I (and what i can only imagine is the psychology of many others) choose to move on...At which point LTC doesn't get to their prior ATH until the top of this cyle. In this scenario, yeah its trading for $400 or $500 in August or september, doubles to $1,000 at its ATH in the final week but then its over when they cycle flips....
I was pretty high on LTC. Not as a LT hold but as a cryptosaurus that was way behind and due for a pump based on the LTC/BTC trading pair.
And i was right. It pumped. Unfortunatly it had to compete with some timely pumps of equally retail eye-catching coins.
I say retail, because LTC is just one of those coins that new entrants gravitate towards when they realize they can only afford 0.01 BTC with their initial 'test this new world' investments. Financially its the same investment, but something about owning 20 LTC is more psychologically fullfilling than owning 0.01 BTC.
On an extreme level thats the same value to retail entrants for DOGE, XRP, XLM, etc. I can buy alot of them.
Suffice to say i beleive LTC is (and will continue to be) one of the bigger beneficiaries of the ongoing dump arising from the 40Bill DOGE pump and 30Bill XRP pump.
If it wasn't for BNB and CAKE and these other cefi spinoffs, it would have gotten alot more.
LTC fans will hate me for it. but i'm pretty neutral here. even with a $360 PT thats a modest return IMHO for 30 days when there's really only a 120-150 day window to capitalize on. Not moving on just yet. And i'm pissed that there's been so many distractions for new retail money. Especially crap distractions adding no value. But i need LTC to get a good pump here soon. Or I (and what i can only imagine is the psychology of many others) choose to move on...At which point LTC doesn't get to their prior ATH until the top of this cyle. In this scenario, yeah its trading for $400 or $500 in August or september, doubles to $1,000 at its ATH in the final week but then its over when they cycle flips....
ملاحظة
Well. Called it. doing better than expected too.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.