LiteCoin

[tsptalk]

Picked up some litecoin here (chasing) at 212.25. Looking for a quick 10% - 15% move and out. The trend is still down and there's resistance near $240 so I'm treading lightly.

 

[bmneveu]

I like Litecoin a lot. I use it anytime I have to move money if the alternative is Bitcoin. LTC is cheaper and faster. I think crypto in general is on the way up right now for awhile. Getting money into any of the big ones (BTC, LTC, ETH) is a pretty solid play no matter which one you're in. In my opinion anyway.

Picked up some litecoin here (chasing) at 212.25. Looking for a quick 10% - 15% move and out. The trend is still down and there's resistance near $240 so I'm treading lightly.

 

[tsptalk]

Picked up some litecoin here (chasing) at 212.25. Looking for a quick 10% - 15% move and out. The trend is still down and there's resistance near $240 so I'm treading lightly.

Actually traded this twice since posting, both losing trades. The first one I sold at 210 for a small loss, but the second one was bad (bot again @ 202, sold 174 - ouch). It should rebound now that my stop was hit.

 

[dhstdog]

A friend of a friend lol said "they going to run the cryptos down and they will begin running on the 26th with the futures. We shall see. Last trip was 918 to 1040 on eth for me. I don't mind flipping! GL brothers

 

[bmneveu]

A friend of a friend lol said "they going to run the cryptos down and they will begin running on the 26th with the futures. We shall see. Last trip was 918 to 1040 on eth for me. I don't mind flipping! GL brothers

I see any dip as a buying opportunity. Litecoin, Bitcoin, Ethereum, it doesn't matter. They are all going to the moon!

 

[tsptalk]

Bought some litecoin here near 213. There is some short-term support off the recent lows at this level. Below 200 and it would be support failure.

 

[bmneveu]

Bought some litecoin here near 213. There is some short-term support off the recent lows at this level. Below 200 and it would be support failure.

Charlie Lee has big plans for his coin. Good investment.

 

[tsptalk]

Bought some litecoin here near 213. There is some short-term support off the recent lows at this level. Below 200 and it would be support failure.

Out @ 197.80.

It looked like a bull flag, but no more.

 

[Frixxxx]

Unless the market starts using the damn thing; very few for Litecoin right now, I see sketchy future. The virtual wallet, and putting crypto in it and using it, is still pretty new to consumers.

 

[bmneveu]

Finally bought my first Litecoin at $144.30. I am happy!

 

[RealMoneyIssues]

Finally bought my first Litecoin at $144.30. I am happy!

I would be happy too, but keeps going down... I am beginning to think cryptocurrencies are a dying fad...

Sent from my Samsung-J7 using Tapatalk

 

[burrocrat]

cryptocurrencies are a dying fad...

what is the difference between cryptocoins and hula hoops?

everybody has used at least one hula hoop.

 

[bmneveu]

Litecoin has underperformed compared to Bitcoin (still was a great investment in USD value, but that same money would have better returns in BTC):

https://www.tradingview.com/chart/LTCBTC/NAjv44Ll-Longterm-LTCBTC-Descending-Channel-Value/

 

[tsptalk]

Walmart says crypto payments announcement is fake. Litecoin tumbles after spike

A number of media organizations including CNBC sent headlines on the announcement. Shares of Walmart had little movement on it. Litecoin last traded 3% down, according to Coin Metrics.

https://www.cnbc.com/2021/09/13/walmart-to-accept-payments-with-cryptocurrencies-using-litecoin.html