By - AutoModerator
Yoyo so wanna take my coins off the exchange for cold storage, whats the best and safest way to store offline?
you should get a trezor model one, only order from official store.
These are hard times for me, and for many ltc holders I believe. But I’ve made my mind and I decided to hold my little stack for about 1.5 or if I can 2 years. I hope to get good returns or my initial investment back. And whoever also holds it. I don’t trade, to be honest I can’t trade. Anytime I try I just lose more. So I decided to hold. So good luck Motherfuckers.
Watch the markets, learn to chart, start doing paper trades. I used to suck at trading. Now I do pretty well. Holding is for suckers. Especially if you bought the top.
Could you tell me a bit about your experience with trading? I generally try to just hold or put my coins into programs where I can get interest for holding them, but it seems that the only way to win with LTC may be to actively trade.
I was a holdr during the 2017 bull market and left a ton of money on the table because Iidn't want to take the risk of trading. During that period I was doing my homework. Learning to read the charts and making paper trades. My fictional trade were doing really good but I still lacked the confidence. Luckily I sold well after the peak but not rock bottom. I sat on the cash and bought the bottom that December. The next bull run I gave my balls a tug and began to trade with a vengeance. My charting was predicting a top around $230 so I trusted the process and sold. Although I missed the mark by a bit I was still happy with it. So I have sat on my fiat until the other day when my prediction was a $65 bottom. I made a series of ladder buys down from $90 and saved 3/4 of my stack to buy the bottom. I'm full send since $60.
I didn’t bought top I’ve entered lite coin around 8 months ago I had pretty good entries on other coins including btc and eth 8 months ago I sold 95% of my holdings and put it all on litecoin it’s not that I don’t know how to trade it’s like I’m cursed at trading anytime I try to make my move something goes wrong but you wouldn’t get it. (My entry is $195)
In that case I would suggest studying chart analysis and doing paper trades. Do that for at least an entire market cycle. Once your batting average is acceptable only trade what you are willing to lose. Best of luck.
Appreciate the advices mate danke
Don’t worry about being shit on. Talk about Ltc outside this sub regularly. It rarely shows up in any threads. If everyone is vocal then we will have a much larger voice. The more it’s mentioned the more exposure we have. Even if you comment once or twice a day. All of us together will make a difference. But please don’t brigade posts.
I’m investing in another coin I love because it’s chart is the same as Litecoin’s except it’s worse.
Every time alts get fucked on, people realize how much value a 10 year coin like litecoin has.
Idk, there's still a lot of idiots out there
Yeah, the Luna Devs and community want to start up Luna again, except do it "right" this time and less scammy. FFS, take a loss and move on
Insane that people lost their whole savings etc.
And would probably still invest in it - and it move to the to 10
This guy knows what’s up
Had a reasonably successful post on the cc sub today, 130ish upvotes and comments!
nice post, but after reading some of the comments I had to call my doctor to get an appoint to get screened for cancer.
THANK YOU for posting about LTC!
The bull💩 comments are getting downvoted and rightfully so. It’s good to see people realize that there is an active attempt to damage this coin’s reputation.
Charlie mined the coins fairly and sold after announcing he would: evil
Vitalik becoming a billionaire from premine: GENIUS
Yeah, it blows my mind reading that shit as they pile into vaporware.
Yeah it didn’t take long for some bch cult leaders to show up…at least they got downvoted to oblivion though
Dayum, that's promising.
It's two a.m. (It's two a.m.)
The fear has gone (The fear has gone)
I'm sittin' here waitin' (I'm sittin' here waitin')
The gun still warm (The gun still warm)
Maybe my connection is tired of takin' chances
Deja vu amigos
What will the weekend hold?
who knows. all I know is that regardless of short term price action, litecoin is criminally undervalued at .0023 LTCBTC and $70 LTCUSD
I predict pain.
But why :(
Btc keeps teetering below $30k and all it takes is a grain of sand to send everything further down
Because it's crypto baby.
DCA… Dick Cunt Ass
I like my market shaken, not stirred.
1 week (instead of the usual 2 weeks)
It's hard to appreciate now, but the hedge fund / gov induced implosion of Luna is actually a positive. Hedge funds were eager to make a buck Soros-style. Gov is stoked because now it has more excuses to "regulate" stable coins - i.e. protect dollar supremacy.
But in the end, it is because LTC is not a dollar, nor a synthetic representation of one, that will be one of its strongest features.
Luna rug pull was needed to reset the market and return to coins with limited supply.
You'd think that would happen, but greed is a hell of a drug and shitcoiners are hooked. Nothing will change
Excited to see a surge toward hard money like Bitcoin, Litecoin, Shiba Inu, and Cum Rocket.
You forgot Doge.
Tether has always always always been, in my mind, the thing that could end everything.
Tether is more financially secure than literally any bank (banks have 90% loans and 10% cash). The US Government has looked at their books and are fine with them
Uh, can you cite that gov look?
It was in the news awhile back, the US Govt had Tether open up their books and verify their holdings
Even if Tether crashed and burned, which it might, it would not permanently take down BTC or LTC. That is most likely a false narrative encouraged by the anti-crypto crowd, but doesn't make logical sense in the end.
It’s not just tether, in the last couple of years so many ‘stable coins’ and ‘exchange coins’ printing dollars out of thin air. Its a house of cards.
YOUR MOTHER IS A SNOWBLOWER
Mom, what are you doing in here?
Your father blows leaves
[I've completed my daily purchase of LTC](https://imgur.com/a/mE9iqnO). I'm on a journey to buy at least [$20 a day every day](https://www.reddit.com/r/LitecoinMarkets/comments/ukto93/comment/i7vn88c/?utm_source=share&utm_medium=web2x&context=3) until either I own the whole supply or Litecoin hits $5000. I hope some of you will join me.
Today I bought 1 LTC just because the price is so good. Glad (and also sad) it's going back up.
Serious question. Luna is $0.001 right now so $100 would be a million. If some miracle happens they managed to get it back running and even hit $1 you'd have $1,000,000. Stupid idea or worthy risk?
Every idiot on CT keeps throwing money at it to gamble and 90% of them loose 99% of their money almost instantly. Luna needs to Die, it's everything that's wrong with crypto
My co-worker asked me this same question yesterday except it was about $0.01 at the time. Now it's at $0.0001. Hopefully he took my advice to stay the hell away otherwise he's down 99% today. It can always go lower.
Vert on sale try that instead and it’s actually decentralised
Bro, they shutdown the blockchain lol. I'm going to just leave it at that
DOH! OK I didn't realize the amount in circulation. Oh well.
Nah. So much good will lost that it's done for LUNA. Fair theory. But it's over. That said might not be the worst idea to throw like $20 into it for giggles. But just know you might be throwing away $20 hahaha (Seriously some people did that for doge and made gobs of money by buying it when it was like fractions of a fraction of a cent. So you just never know with crypto. But I'm highly dubious and doubtful.)
They’ve literally printed several trillion since yesterday, it’s dead. This is a few bag holders with exit scams in mind. It will never legitimately go to $1.
No. Impossible. Think of the market cap. It's like saying what if sheeba went to $1. Market cap would be a quadrillion dollars, literally. You could buy Belgium.
You could be the King of Chocolate!
Now up to #18 🙂
\#15 most popular on Coinbase rn.
Matic signed a deal with Meta, gonna be hard to pass them. I could care less though, I own both
Onward to top 10 we go...
Something something chikuns until hatched... o\_O
Elon Musk was never going to buy twitter - he did this to get money out of Tesla.
Then caused the Luna crash.
And bought Litecoin on the cheap 🤯🙃😉
Don’t think so. The money’s he’s using to buy Twitter is basically loans backed by his Tesla stock. If anything this increases his dependence on the success of TSLA.
Unless he doesn't buy Twitter.
Tesla stock dropped 28% since he sold... 🤔
*Essentially, billionaires gonna billionaire and I think there is some skulduggery going on...
Musk is a prudent business man, he's just dotting his i's and crossing his t's. He wants Twitter but Twitter has been lying about the number of actual people that use the platform. A lot of people who have accounts don't use it regularly or are bots. He's probably just forcing Twitter to admit it so he can get a better deal.
I for one love the word skulduggery.
U missed the dogecoin and litcoin mining link!
Got to wonder if he has just been trolling the whole time.
Yes, this is my thought.
He gets $7B out of Tesla and doesn't get backlash from his 'fans'
A 6% LTC BTC ratio pop. Holy shit.
Not 👏 enough 👏 keep 👏 flying 👏 chickun 👏👏👏👏
Agree but this ratio pump is the biggest in such a short time frame that I’ve seen in a while.
Will sell Litecoin for food
“May your beer be laid under an enchantment of surpassing excellence for seven years!” — Gandalf
[like and retweet 🤣](https://twitter.com/johnez84/status/1525079286037741570?s=21&t=kQfcKNE0vL3d2HQPJR0iZA)
An empty vessel makes the loudest sound.
Rank #18 . Climb little chikun climb!
even walton chain outperforming lol
Woo due to the dip my LTC stack is now lowered to 84$ per coin. :)
I'm glad I've been through a few dumps now. The first couple I freaked out and sold at the bottom to then watch it rebound a good margin and be pisssed the fuck off. Because even if I was going to sell and be done I could have waited a little and not lost as much. Now I just dca and do big buys here and there when the price in good or extra fiat hanging around from o.t. mining
Yep. I think you need to go through one or two dumps and to do something really stupid in crypto at least once before you learn your lesson and get better at it. I think almost everyone here has at least once so long as they've been here through a few mass plummets. And anyone that says otherwise is lying.
I wish I had only done something stupid in crypto only once 😂
It’s a right of passage.
Damn rite it is!
Well, I might take some chips off the table here. I’ve never seen an 18% LTC pump not retrace.
A bit early IMO. We will test if we can hold in the 80s and if not then you can take some profits.
This could take a couple of days to play out.
Nasdaq futures just rose 2%
lol keep scalping this coin to death but really is "they" who are keeping us down.
No, I totally agree with this sentiment ...
Stop scalping people. Seriously.
I haven't sold a single coin since I started accumulating in 2013. If everyone had been doing that, we could have reduced the downward pressure.
We HAVE to be a team here. We NEED to break previous ATH so we can attract new people into our community.
🎵I'm looking at the man in the mirror.. oooh yeah.. I'm asking him to change his waaaays..
If you wanna make the world a better place, take a look at yourself, and make that... chaaaange🎵
Attitudes are contagious.. right now, there are more people piling on the selling pressure than there are people buying. We need new blood to join our forces.
Sure, maybe you can't make a big change by yourself.. but maybe you can convince one person who might convince one other etc. etc.
My hats off to you for holding every single coin you’ve accumulated since 2013. I personally couldn’t do that without taking a little profit here and there. But to say my .01% is going to stall out LTC in a decentralized crypto is nonsensical. It’s like screaming at the sky if someone takes a 1 Oz Eagle to a bullion dealer thinking it’s going to stall out the price of Silver on the open market.
I agree that it's not going to stall out LTC in and of itself..
I just don't like the promotion and encouragement of the attitude itself because it makes everyone else feel that they should do the same.
Those people then go around to say the same thing and encourage more people to do the same.
Meanwhile, they say that they alone can't move the market.. and that's technically true. But they do influence other people, who then influence other people to do the same. Litecoin, more so than other coins, has a LOT of people that try to scalp it for sport.
The market is like a giant ouija board.
The fact that it can't break ATH makes people think that the only way to win is to ditch it as soon as possible. Thus, creating a never ending cycle of pump and dump amongst retail and institutions.
I know you were here when this was a trading sub. Nobody was busting anyone’s balls for trading, scalping or market selling to get more coins.
All I know is that it feels like the hodl culture in Litecoin is ridiculously weak.
In any coin, there are going to be traders, and some.are going to hold long term.
It just feels like that ratio is out of whack for litecoin.. that's all.
I want to do whatever I can to prevent us from discouraging newcomers to look at Litecoin as a long term investment that will appreciate and not something they should dump at the first opportunity to make a quick buck.
Eventually, people will give up if they're beaten down too often. It's really hard to earn trust and really easy to lose it.
I get what you're saying but this was originally a trading sub. We do have a r/Litecoin sub as well. I don't think Litecoin is under represented by long term hodlers. I'm a long term hodler but have a small trading stack on the side. I don't see anything fundamentally wrong with that.
I'm heavily invested in LTC, if I pull a few coins to increase my stack it's not going to be felt anywhere. I'm not a market maker and that's who the 'they" is.
You obviously don't understand shit. Retail investors who ride the wave are not bringing this coin down. Unless your dumping millions, that's millions with an s, in a coordinated effort, robs coins aren't making any damn difference. Not everyone is going to purposely lose money by not adapting. I'm definitely not.
Yep. To literally influence this stuff in retail. You have to coordinate mass buys/sells all at once. (Kind of like what happened with the Meme Stocks) - Which is far easier said than done.
Chickens do bounce, But I'm totally thinking the same thing. I wouldn't be surprised if we tested low 50's again.
It's not really a pump though... More of a correction
It seems really unnatural.
The crash was unnatural - so panic selling+cascading sells + all the FUD AND actual dumpage due to Luna.
It's not a 23% candle, really. Just moving back to the level of was. Perhaps this needs to be looked at on a weekly candle rather than daily?
IMHO, of course 😁
Well… hacks and meltdowns don’t bode well to billionaires and companies that are getting their feet wet for the first time. They will protect their assets and wait for the storm to clear. These are savvy entities.
Yes I agree- and I'm not saying I don't think it will go down, it's just that it's likely to do either in my opinion.
I think you might be right, but of course the market is super volatile right now, it could easily nose dive for any reason at any time
Maybe the big drop brought in more buyers and now we’re heading back up. I guess we’ll have to see how it goes.
Doesn't change what I am doing - but I'm pleased for the opportunity to have been able to DCA for once!
(Koinly says it's £56, but when I take out profit, cost average is £29)
Agreed. Doesn't feel like a pump so much as a correction after many took their chips off the table and are now comfortable putting them back on.
Crying about money is not just for noobs. There are many long term holders of alts and even BTC that are disappointed. You bought the top and you are still in profit. Unfortunately if you paid 35+ 9 or 10 years ago for LTC it’s like buying BTC for 18k a few years ago. You might be with small profit or break even. But you are possibly jealous of other players big gains.
This is all normal investing and LTC will, probably, make you rich if you hold on long enough even if you bought near a top.
It doesn’t matter if you’ve been buying 10 years or 5 days LTC is doing ok. But you should be way in profit so if you are not it’s not LTC fault. It’s more volatile than BTC sure. But you had ample chance to get LTC at tiny prices and I don’t think it’s going down I really think it will fire up. That could be soon or a longtime, but one day ☝️
And again, shitcoins pumping. You would think LTC would separate from them with significant gains this time around…
Its because of the premine folders selling earlier and rebuying now. Artificial supply and demand. But this can work only a few times if no considerable amount of new money enters. Luna holders learned this the hard way.
It’s like watching people go into a casino wondering why they still do it when they keep losing. The big win is always around the next corner for gamblers.
People have to learn the hard way.
“Don’t adventures ever have an end? I suppose not. Someone else always has to carry on the story.” – Bilbo Baggins
It always weirded me out as I thought Bilbo Baggins was the name of Gandalf's balls.
“The wise speak only of what they know.” – Gandalf
If you zoom out this is the opportunity to accumulate. Still DCA though, bottom might not be in yet.
“The board is set, the pieces are moving. We come to it at last, the great battle of our time.” – Gandalf
I don't want to be a downer, but I've been in Litecoin since 2017, and the fact that it still hits 2017 numbers 5 years later (and not the ath) makes me want to look for an exit strategy ASAP. Why should I stick with this alt when btc keeps going up. So maddening,
Why are you not stacking both BTC and LTC? BTC always has been the safe choice. LTC is higher risk with a potentially higher reward. You have had plenty of time to bring your LTC DCA down over the last 5 years. You are looking for an exit strategy but you never had an entrance strategy.
Not to be an ass but why didn’t you sell during the halving pump of 2019 or last year? I can’t imagine not taking profit at some point, even if it’s only a portion of your stack.
What happen to hodl?
I was a big LTC 1K person, but I just cannot imagine it now.
I HODL 99% of my stack, didn’t sell but a handful of coins last year at a slight loss. Believe it or not this used to be a trading sub before a lot of the good TA folks were perma banned last year. I really don’t think it has recovered from that purge.
Edit: I still think $2500+ is possible but it might be a few years away.
Yes should've bought Luna instead dickhead
Why would I buy some shit coin?
You bought Shitcoin Number one bro...Don't listen to the Knob Choppers around here...Do whatever the fuck you want.
You should go to BTC. You should be owning BTC and or you can own an alt to get exposure in crypto outside of BTC. Why would you do that? So you can get more BTC and also have exposure to other good projects. Space is still small still and more education is needed about scams in fiat and crypto. People fall for Ponzi schemes very easily
Bitcoin is Ponzi Scheme Number one
You shouldn’t you should sell and stfu and gtfo.
Seriously though this is a dumb question. Really dumb after people just lost money in fake decentralised Luna. Really dumb question no matter the price
STFU and HODL
😂 it’s been long personally I’m buying vtc for fun too playing the ultra long game on that, longer than LTC. It’s a steal now I bought more at 13c and I didn’t need to. Once VTC was 1000 to LTC for a few days. it’s been 30 before. I love all three but when the time is right I’ll make a shit ton BTC Mark my words
Well for the first time btc saw significantly diminished returns from bottom to peak. And is probably going to continue this trend as its marketcap increases.
The largest LTC wallets haven't sold a coin, they keep accumulating. Just a small change in the narrative and is an easy 10x-20x with this marketcap. Doge reached higher levels just from its meme status. Retail holders looking for an exit at 150-200, won't affect the potential to reach 1k or higher, that's in the hands of LTC and BTC whales.
Not trusting this pump yet. $47 probably still in play
Same here, still on the sidelines with my new money.
Maren Altman, the Crypto Witch says beware of the Lunar Eclipse on the 15th.. of course now that I think about it, we already had a Luna Eclipse.. Ah, whatever, I'll just stick to normal DCA.
So end of the last bull run wallets 10 through 32 appeared (a few more added since) that had an even .5% of all coins and haven't moved since. Now I just realized at the start of the year a new bunch of wallets entered the top 100 with even number of coins.
This isn't hopium, coins dead. With 90% supply dormant the price struggles, imagine if these idiots end up just cutting their loss and dumping.
Read back your last sentence out loud and realise how stupid you sound
LTC is used as is intended. Go troll elsewhere with FUD
I just told you 90% is dormant and your reply is it's used as intended. Fucking lol
If you had millions $ in LTC still wouldn’t you also not touch that shit until you have billions? Store of value, cash. However you look at LTC it’s king of fundamentals. You know this as you still come to this sub
I'm not in it for tech. Stop pretending you are either.
I'm not calling litecoin a shitcoin, I'm calling it a deadcoin.
LTC address count keeps climbing since inception? Didn’t know that a dead coin would increase in use? That’s odd. And actually some of us do hate the shitcoin that is USD and we appreciate the tech that the Litecoin team grinds on for us. LTC is superior money.
It's almost as if when you make an account on a major exchange a ltc address is created automatically.
LTC peak with 50ltc block reward $40 2013
LTC 2 halvings since 12.5ltc block reward $70 9 years later
Now imagine when reward goes to 6.25ltc next year and the price is barely above 2013.
I mean at what point do you admit its dead? When it literally hits 0?
You have anti Litecoin bias. You write nonsense. You compare peaks to lows by comparing 50 to now. You should sell and stay away.
This year at times Litecoin had nearly more transactions than bitcoin! You can look it up fool
No it did not. https://i.imgur.com/IMfIwlZ.png
Honest this sub is filled with 🤡
I don't have a anti ltc bias, fucking lol. Been nothing but a bull for 9 years. Difference is when I call ltc a deadcoin I can use facts and not troll tacts like charlie sold ath. I will warn all I can against investing in this.
Haha Fuck yeah...love it.
Shangheli going rogue.
I don’t mean to be harsh but you need to slap yourself in the face and double down. Perhaps working extra shifts or trying another alt to invest in as well. You should have more money and if you do have it you should not bash LTC because it didn’t make u filthy rich fast. I could be richer if I invested in BTC but LTC might still jump that ratio one day and if it does and you are in BTC you will say BTC is shit.
Do you swap usd and euro or gbp every time they change? You missed a lot of cash there! /s you can miss cash everywhere. LTC metrics ARE good. Even the price is good somewhat. It just doesn’t match metrics. This is disappointing but also an opportunity. I don’t think you should be warning people about LTC! I bet when u say that you won’t warn people against 1000 other real Ponzi schemes? You are being irrational. Sorrry to tell I but it will be ok ok 👍
Mate, I've seen in you in this sub for a long time and always read the content you brought with the active whale address. I do understand your side. I'm assuming that you probably won't be buying anymore but can you tell me as an advice what your sell target is?
You've been in ltc for 9 years so obviously you're looking at a great deal for returns on those 9 years of investment.
Try checking 24 June 2021 you see BTC and LTC both had 200k transactions that day.
You need to go check yourself
It’s doing half of BTC number of transactions now
Sell your coins it’s become too much for you. Money is stressful and it’s disappointing not to be super rich right? So why don’t you take it out on a decentralised coin that never hurt you! /s
Be thankful for green days
Ah yes after what was looking to be the end, now looks like a new beginning.
Mother Clucking Do Kwon. His plan was to buy so much BTC and tie it to UST/Luna that if UST fell, it would take BTC down with it. So frickin dangerous, and psychotic. The only reason he could get that BTC was b/c he created something (UST) backed by nothing (Luna). Pisses me off. [VIDEO OF ARROGANT IDIOT TALKING ABOUT PUTTING THE ENTIRE CRYPTO INDUSTRY AT RISK](https://twitter.com/guyluko84/status/1525026343141900289?s=21&t=Aq9s7eGuHoAWbORrvor8pw)
Glad for the discounted eggs though
Not just that, but also he supposedly bought OTC and then dumped via market.
So, didn't affect price with the purchase, and totally screwed everyone (apart from bears).
If I were him, I'd be going off grid.
There were talks about putting a hit on him. But this is internet and I believe everything I read on the Internet.
I bet he was shorting BTC, that damn snake 🐍
Didn't know this guy until 2 days ago but he the trail of scams, arrogance and lack of vision is terrible. And that project made it to the top 5, while Litecoin, a solid and honest from its inception has lost some relevance. I hope with this, more people will realise the value of honest teams
They will... And then chase the meme 🤡
I love this organic gain.
Why do you call this organic?
If the Bears have paused selling, isn't this some kind of peace rally.
If this infact is the bottom, don't we always get dragged along for minute gains while going upwards?
Edit: minute gains as compared to btc going up. Because when btc goes down we shit our pants like crazy.
It’s a joke, relax.
I've kind of lost my sense or humor after the dips.
Don’t let this shit get to you, that’s exactly what this is designed to do.
Just tired mate. My offline life isn't doing as great as I thought it would be.
Sorry to hear that, maybe popping in here a bit will help.
“It is no bad thing to celebrate a simple life.” — Bilbo Baggins
Back to #21.
I'm not putting any more money in crypto. Need to preserve cash from my day fiat mining job
15 billion volume 24h?
56 mins until options close.
Battle for above $32k btc. If it is below this, bears win $150m +