LOL, must be the world-famous "Sagesigma Beer"-indicator?
I am rather bearish in the mid-term, but I would not be surprised about a short-lived bullish run, before going to lower lows. I can't imagine that we will see a new hype like past year anytime soon. But lower prices would provide a good entry for the big money, so in the long-term it won't be that bad.
RE: Litecoin Manifests Long Target of $62 USD
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Litecoin Manifests Long Target of $62 USD
I like it! I should start plotting # of beers consumed /sentiment vs. actual price % change on a scatter plot. Could be worth a subscription service.
Do you think that ETF is going to happen this year?
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Possible, but I guess rather not than yes.
I didn't even follow the ETF news. I made a bet only once last year, I was prepared for a negative outcome, but when it happened, the server was so busy, that my sell order filled when the price was at the bottom. That's why I gave up gambling, too many random factors which you cannot control.
I rather concentrate on long-term development and intervene when there is a good occasion. I try to stay in a comfortable position, so I am fine with both directions.
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