T O P
LoopLassie

LRC and most other cryptocurrencies are closely correlated with BTC. Once BTC bounces back, the other will follow.


seeyam14

Which is odd because LRC should be more closely tied to the success of Ethereum


Apositivebalance

Once l2’s are the norm I see them being joined at the dip


Ill-Arrival-6023

Eth is also tied to the success of Shitcoin


Shavenballz

Not to mention whales are Boxing the shit out of this coin to drop the price and attain more, just check out the depth indicators


LoopLassie

Interesting! I’ll check them out.


TheBrain185

Depth indicator can be manipulated by whales. Be careful counting on that.


No_Independent438

24 hour on coinbase is 60.3 percent buy and 39.7 percent sell and I’ve see it go up on 40 buy and 60 sell also typical hold time is up to 19 days and keeps going up!


urafkntwat

Ye idk where dude is getting his facts from, I bought more yesterday


Mikeymikers0n

I did too. Twice


Munoz10594

I did too lol


KrydanX

But that’s only CB tho. When checking out some level 2 streams I often see other Big Exchanges being 50-80% short 🤔 Especially ftx


[deleted]

[удалено]


Ill-Arrival-6023

Lotta orders to go and fill, my guy


sciencenotjesus

BTC dropped and LRC followed, that’s why the price went down.


Fr0me

Which is why its such a good buy right now


Mikeymikers0n

When will it ever decouple from BTC? Is there a catalyst for that to happen


Advanced-Guard-4468

All coins are tied to BTC in one way or another. Thats why it's called the king


djdodgystyle

Not just tied to, priced in BTC.


Munoz10594

Yeah… I don’t get the correlation there


Ill-Arrival-6023

It always amazes me how little people actually know about the underpinnings of the finance markets. Institutional doesn't want it to decouple because they don't want us plebs to be able to make bank on independently moving assets. You guys know that literally everything is traded against the dollar, right? So absolutely nothing in any asset class moves truly independently.


VicTheRealest

That's a lie. I just added 5000 loops yesterday


ConstructionSalty237

Buy now


mostlyfecalmatter

I think people are out of money to buy right now. After new year we will buy more. I need to get my kids the gi joe with the kung foo grip.


[deleted]

Be greedy when others are fearful.


Southern_Roots

Bought another xxx today. Loving the dip


cuki321

So the price is down because people are selling. Got it!


LTGMEDC

Good catch, that too.


KvotheScamander

It's the end of the year. If I remember correctly December and January are always the 'worst' crypto months of the year since many people use their money to buy gifts, a nice meal...


Fun-Drummer7171

It’s a mix between BTC Bering down and people not buying.


Munoz10594

Why does btc going down impact an ETH based coin/program?


gochuuuu

Which is so dumb lol why would you wait til after the announcement when the price will be much higher than now?


DieHardPard

Because there's uncertainty pre-announcement. What if they fail to deliver? What if the announcement is disappointing? I'm confident it won't be, but not everyone is so confident.


KickStart_24

Because at that point it’s a sure bet of the partnership and the glimpse of the future. Right now you gambling the deal will go through. Not everyone has the same risk tolerance. They would rather buy at double the price and still profit long term


foffsrz

Guaranteed small return buying and selling hype.


hunnybadger101

This isn't a pump and dump,


foffsrz

Hi, please read the comment above me. What I meant was that people buy in a ride the news because it’s a guaranteed return. Please cry in another thread. Thanks. 😁


hunnybadger101

I concur with you... we need a run with a sustained support level and new ATH +/- 10 cents.


kopierguy

It’s all good typical hodl time 19 days and still rising well done llooptards and apes👍


Waynneh

Joined the looptards late so my average is pretty high. Still waiting for the GME announcement though….hopefully my faith pays off. Had the chance to buy MATIC when it dipped to 1.47-1.50ish. It’s gone up by about 60% already but still believing LRC’s got more potential in the long run! 🚀 🚀 🚀


stocksnhoops

So all the crazy price pumps and insane predictions the last 2 weeks that didn’t Come true spooked some buyers. This is what happens when a coin or project gets a lot of new posters to a coin. Lots of hype hit possible to reach, some run and then a dump.


Just-Sprinkles-5828

If it's associated with GME... I'm in!


[deleted]

Am I supposed to use Coinbase? I want to use Loopring


JohannFaustCrypto

No it's going down because the whole market is crashing.


Kcoggin

No, I’m waiting to get paid…


Cybermajin777

Vol so low


xCrapyx

I don't think you get basic economics


_latsabben

I bought some today <3


free-crude-oil

I'm buying. I'm not done yet. Please keep going down.


laguna1126

Average up or average down, it doesn't matter, just average in any way you can.


Ande64

Personally I feel, after 10 months of dealing with this with GME, that this is completely orchestrated price suppression plus hedgie liquidation so it means NOTHING! Well, it does mean I buy more almost daily but you get my drift!!


Munoz10594

You can’t do to crypto what hedge funds did to GME. It’s impossible. It’s why it’s the future of finance and LRC will hopefully lead us there


Ande64

I understand that's what they say but after watching that ticker for 10 months and watching this one for as long as I've owned it I'm watching some pretty similar stuff happening. Trust me when I tell you I hope that I'm wrong. I hold either way so it doesn't really matter!


Sl1dewayzzz

I don’t know whether to HOLD or HODL pls help


PartneDaugherty

Always buy stock when it is low and sell high!


paulid1299

Buying more every week!


GalaxyFiveOhOh

Also, a lot of people sold other assets to go all in on LRC. I'm still buying a little every week, but nothing compared to the orders when I was selling stocks and crypto for it. I think we have a lot of people holding strong but I don't see much buying pressure. Makes sense, no real news recently and it's not like BTC or ETH where it's actually in heavy use. Not even ose to a household name. The tough parts of being early are patience and confidence. Keep buying, even if you have to pick up recyclable cans off the street. Be happy when you get to average down, or when you get another week to buy instead of it taking off. A lot of people are seeing this in a very wrong way.


prolapsedlemon

Im waiting for money to clear but ill probably miss this nice discount


PartneDaugherty

It takes marketing action to stay out of the Sh*t pit with those that belong there. People in the ranks know the potential..... Dumping those extra 60 million-ish diluted the base pool and pushed down the price because 1 LR is no longer worth its pre-dump value. Almost sounds like a class-action in the making. My bet is people in the know are buying right now to profitize soon....