A look at Charlie Lee and his sale of Litecoin holdings

in bitcoin •  7 years ago  (edited)

Hi folks

I've been pondering about Charlie Lee, and his announcement that he has sold off his litecoin holdings too show he has no conflict of interest. I've followed his twitter blog saying he has given his holdings to charity, and also that there will be a big surprise coming. Now in the corporate world to sell off your holdings to show no conflict of interest means you made a big deal with someone, could this be about the big surprise coming? I'm betting that's exactly what this is about. He stated "its about the negativity of him building litecoin, and having coins". My gut tells me Charlie Lee made a deal.
All we can do at this point is wait, and see. My money is on litecoin making a run the next week. So i've loaded up on this dip, i'll take a wait , and see approach. I've scaled in, and have scale in positions waiting for any dip.
GLTA

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idk bud this could potentially be true you never know.I think LTC is actually due for a correction and it'll be interesting to see when that happens

All we can do is wait and see.

It can go both ways, plus I don't think we can compare the normal corporate world with crypto.

I couldn't predicted, so I decided to sell some of my holdings to take some profit. Re-analyse in the future.

Good luck.

Thanks jotap, and your right in can go both ways GLTU

good work

great work! keep it up!