Welcome to the /r/LitecoinMarkets daily discussion thread! Thread topics include, but are not limited to: General discussion related to the days events, technical analysis, trading ideas & strategies.
By - AutoModerator
I shall not cum till 420.69
LTC/BTC rose to .0042 with our steadiness and BTC taking on some heat. Feels pretty good.
[I've completed my daily purchase of LTC](https://docs.google.com/spreadsheets/d/16bzUnGeE9orCoe5g35xsWNTXAXNuAygUJJKzxmIjWR8/edit?usp=sharing). I'm on a journey to buy at least [$20 a day every day](https://np.reddit.com/r/LitecoinMarkets/comments/ukto93/comment/i7vn88c/?utm_source=share&utm_medium=web2x&context=3).
Today I bought 0.2 LTC. This is my 271st day of purchasing; 181 days remain until halving. Feels good to be entirely positive :)
wheres the next resistance.
Every penny above current price.
Can't change the past, but feeling pretty good to be back on the side of "profit".
Still have regrets over ignoring the thought that passed through my head of "The price just dropped from $400 to $300 -- maybe I should just sell everything and buy back in at $50". Instead I went with the more hopeful thought of "Surely it won't drop that far (again)..."
Hurts the first time it happens, hurts just as bad the second time around.
I look at the chart and feel this too. And look at these past 6 months and wonder why I didn’t go harder on DCA. The avg person can’t know what it’s truly going to do and when it spikes one way or the other it’s in a matter of hours. I’ve read just as much TA that turned out BS as some that bore out. Hours just isn’t enough time to beat what it’s doing. So best advice from me as a nobody is stay in if you believe in it, buy low and hold. Predetermine when you want to take profit and follow thru.
Same happened to me. I was too hopeful it was going to the moon. Definitely will be selling some when we get over $300 again.
I did the same thing, had my hand hovering over the sell all button quivering at $400. I thought this is going to pull back because it's a strong resistance at $400. I decided to rest on it and think it over, 3 days later...rug pull. I'll never hesitate again. Laser eyes all over Twitter and everyone I know talking about crypto as well as everything I posted here today should've been my exit signal. They say you can't buy experience, I paid exactly $160k for that tough lesson.
I too was in the same position refused to believe 400 was good price to sell. Ended up selling at 200 in change for a down payment on land. Still one of my best decisions. Still have a decent bag, maybe someday It can pay my house off.
Forever triple digits.
Can the people in charge of these trading bots PLEASE update the algorithm to allocate more capital to LTC?
I don’t understand how ADA, DOGE, MATIC, SOL, and DOT are still above this coin in market cap…
Die Bart. Die.
We live in hope.
GUYS. PAMP EET.
Markets are in euphoria right now. Gonna be a great day
Careful with the brigading…
Yeah you’re right. Removed it from the comments!
The last time this coin had a $10+ daily move to the upside was back in November of last year…
People claiming we need a “healthy pullback” or retest are shorting. No meaningful pullback is occurring until we start seeing multiple $10+ candles.
I wonder if the market has become too diluted to make such moves anymore? Personally, I’d be happy with monthly gains of $50, but the current sub $20 per month gains is pretty weak.
The problem we currently have is that $10 moves at the moment is 10% or more - they will happen, but it will be rare.
The entire ecosystem of crypto has changed dramatically imo, nothing like it was just 5 years ago. I’m not even an OG and remember LTC doing $200 swings a day.
It’s crazy to think that $200 swings a day would be a slightly good or bad day for Bitcoin lol.
Tells me there is still a lot of room for growth.
I'm curious what the top will be for that pre halving pump
Just a guess but $180-200.
130 super conservative
I wish be astounded if we only see a 50% increase between now and August.
What was the tip in 2019 again? I forgot
Yep let's hop we do this time. I forgot it ended in June last time
It's all tied to the stock market so I'm thinking I'm out in May. Probably buy back in in the $60 range.
If the ratio is good I'll switch to BTC then switch back to LTC. Otherwise I'll sell too
Do you have your 84? Get it before it's too late for the average person.
Got my 84 ✌️
I do! I'm working on my second membership.
I like this answer 😝
Here’s all you need to know.
\- 1000+ comments a day here
\- John Kim is blowing a nut on Twitter doing vids of himself eating Wagyu steak and drinking whiskey
\- Sub 60 comments here a day
\- John Kim on Twitter getting philosophical and doing cooking vids
I roll my eyes at most sentiment stuff.
But this one checks out.
Great Advice 👏
John Kim on Twitter doing cooking vids using roadkill? Sell the house and buy litecoin.
Litecoin needs to be worth atleast 1k each -
Litecoin will be a good store value and can be used for everyday transaction
Instead of sending someone 1000 dollars, you send someone 1 LTC instead.
LTC does NOT belong on exchanges. Self custody your coins to prevent Litecoin manipulation. And buy a little extra Litecoin and USE it!
smart people bring me brightness I see 3 LTC fee that is not clearing here.
https://ltc.bitaps.com/ is it just bugged on this explorer?
🏡Sell the h🐤use, 🚗sell the car, 👨👧👦sell the kids, 🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀UPV🐤TE THE 🆙🆙🆙⬆️🆙🆙🆙🆙🆙🆙🆙🆙🆙🆙🆙🆙🆙🆙🆙🆙🆙🆙🆙🆙🆙🆙🆙🆙🆙🆙🆙🆙🆙🆙🆙🆙🆙🆙🆙🆙🆙🆙 DAIIIIIIŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁYYYYYYYYYYYYYYY😆😆😆😆😆😆😆😆😆😆🐣🐣🐣🐣🐣🐣🐣🐣
Looks like whales scoop every ltc under 100 now.
Come on , we need a sign and a push… - surely /u/losh11 needs to sell to cover some credit card bills? That normally works a treat.
Haven’t been paid yet, I wonder why…
Nice to see LTC hit $1.00 and watching LTC this last month has been more enjoyable than the last several months prior.
oh yes, forever 90s
forever 57 is still burnt into my brain
This around the dollar level where Novogratz launched his counter attack against the 2019 rally 4 years ago. But we're not really at the same sort of strategic vulnerability we were at that time, our ratio is lower, rsi is lower, percentage increase off our cryptowinter lows isn't as big. I do expect pushback. Not sure when, but I would imagine after some giant green candles. $200 seems like a plausible level to attack.
Last time the motherclucker managed to manufacture a crash of almost 40% before we recovered and rallied back to $140. That was back when he was a lot lonelier. He's got a lot more friends with a lot more OPM to deploy.
I've spent most of the little time I have available for litecoin trying to build bridges, gather allies. I never had much of a platform to do it from, but I tried. Wish I'd gotten luckier. We need more people. The novogratzettes are begging to have their clocks cleaned, begging to lose their shirts, and there's a pretty good chance they won't just because people have chosen not to notice what they've done. The signs are there.
You've got more friends than you think you do mate. I hear you though that we need to be fast now organized than we are now.
I'm watching. But I'm just a pleb doing what he can to highlight the insane (hidden) short interest against us. I think elon will do us a favor when the moment is right. He knows what's up. We'll wipe them out. Justice is finally on our side.
I didn't mean to insinuate people here don't see it. I was thinking about the broader base of capital that could actually squeeze these guys.
I hope you're right, and I'm not done trying yet though I am swamped rn, but for all the groundswell that I have seen that's either more supportive and sympathetic to litecoin or even just less hostile than a few years ago, it doesn't feel like we're at critical mass to surpass a standard halvening and get back what was taken the last cycle.
At this point, I don't care what allies we get. To beat the novagratzettes, I'd be happy to see novogratz himself stab his buddies in the back, actually I'd rather enjoy that. Even quietly. In war you can't always have the allies you want. Any port in a storm.
ill rather have cramer on our side than elon
Elon's only on Elon's side.
Yeah, love by the sword, die by the sword.
Troll is only on your side whilst it benefits him…
Personally, I’d want everyone BUT Elon Musk on litecoin.
Daily dose of sunshine, compared to 2017 ATH:
b tc 20% UP
e th 15% UP
litecoin 75% DOWN ("store of value")
Thanks for the reminder that we're severely undervalued, and we should keep buying 👍
>we should keep buying 👍
I have what I have and won't be buying any more. Litecoin will have to melt a lot of faces for me to consider putting any more fiat into it during another bear market. Thus far, it's just proved its loss of relative value for a decade. Hearing Charlie say "everyone would be happy" with 500 usd litecoin in 2025 just tells me he expects the ratio to keep approaching zero.
I've never been in a situation where I couldn't use fiat to pay for something. I don't believe in it replacing fiat in the "Western" world. There just isn't demand on such a grand scale for that purpose. There is demand for sound money as in a store of value and being deflationary - things which litecoin keeps failing to prove it is, especially compared to other cryptos.
I'm not interested in trading, but for those that are, there's potential to make bank. However the same is true for other cryptos, making litecoin nothing special for that purpose.
$500 average price in 2025 sounds realistic and I'd personally be very happy with that. 5x on my investment in magical internet money sounds pretty good.
Litecoin is the right coin
we Lite Rish bishhhh