On the last wave in June, I made a lot of money trading LTCUSD by following the BTCUSD charts. From Sept 1st until today. I have also been trading this BTCUSD wave by holding LTCUSD. This has not worked out well. Litecoin has not followed this wave at all. It is nearly the same exact price as Sept 1. I still believe in LTCUSD in a very long term trade, but I...
ETH has been too high for too long. I would not be surprised if ETH loses it's #2 market cap position on this correction. If you like ETH and you want more. Get out and wait a few weeks. Or stay in and wait to buy more later. Under no circumstance should you buy ETH right now. Bad Idea!
Take a look at this volume. The Chinese have completely taken over Litecoin trading. They trade in LTCCNY. They do not trade the LTCBTC ratio. I no longer follow the LTCBTC ratio. It did once drive the price of Litecoin. I remember trading on BTCE before the 2013 bubble. LTCBTC was a big deal back then. Litecoin broke the $10 mark and I knew it would go insane....
In January of 2014, 2015, and 2016 we saw a decline in the price of BTC. I have a feeling we will have a good rise by Christmas. Maybe 12000? Maybe just 6000? I make trades every few months. I feel the next time to sell is coming up. I will be taking profit around the new year. There will be plenty of time to buy back in lower next year. I can't guess the...
The longer bitcoin can maintain this steady growth, the higher the price will eventually go on the next huge pump. Once it starts going vertical, it basically has an expiration date. 6000 is the next stop
ETHBTC hasn't been around long enough to see a proper bottoming. I have never heard someone say ETHBTC is dead yet. Every crypto gets to feel the pain at some point. I see ETHBTC heading below 0.01 Buy when it bottoms, not half way down.
Since the low in early January 2015, LTCUSD has grown from $1.05 to $4.00. A 300% increase. Since the low in early January 2015, BTCUSD has grown from $162 to $715. A 340% increase. Since the low in early January 2015, LTCBTC has shrunk from .0059 to .0056. A 5% decrease. You need to ask yourself some questions. Will the LTCBTC pair ever pump again? EVER? I...
I am now disregarding the LTCBTC pair. The Chinese took over LTCUSD quite a while ago. They trade LTCCNY not LTCBTC. This pair used to mean something, but I think it's irrelevant now. This is in contrast to a crypto like ETHBTC. The majority of that volume is in ETHBTC and not ETHUSD. Therefore you should ignore the ETHUSD pair as well. These low volume cousins...
We broke my $650 target. I was hoping for more cheap coins below $550. It did not happen. Wait for a pullback near $675 to go long. If we somehow blow past $750, get in for a nice bump.
I am all in on Litecoin once again. Spot litecoin. When a coin bottoms out with a $150 - $200 million dollar market cap...
GBTC dropped 7 days before the last bitcoin dip. We are getting another strong dip. I am sensing another bitcoin drop. Candles are GBTC Red line is Bitstamp
I'm still in USD waiting for cheaper coins. If it breaks $650 I will reconsider. Below $500 would be amazing.
I've been waiting for a month to get my bids on litecoin filled below $3.50. It just so happens I had my bids set on Bitfinex, so we will see how that goes these next few weeks. Even if I have to start from 0, my trade ideas have been working very well for me. I think we still have plenty of time left to buy low. I also have been waiting for this move since...
I'm still holding cash, and I plan to buy Litecoin when Bitcoin drops.
GBTC seems to be ahead of bitcoin on this drop. I'm still waiting for a drop in bitcoin to buy.
I sold at $750. I'm still waiting this thing out. I'll probably give up if it gets back above $750-$775.
I don't think bitcoin has reached it's bottom yet. I think litecoin will follow it down. I bought litecoin at $4.00 and $3.60 and sold at $4.20 and $4.40. Quick trade, but I want more litecoin not more USD. Looking to go all- in below $4.00 and hopefully below $3.50.
I had to cut my losses on my bitcoin long earlier today. I went in too early. In the mean time, litecoin went way way too low for me to resist. I went long litecoin at $4.00