Litecoin & EOS. Buy Or Sell?

in crypto-news •  7 years ago 

Will Litecoin price go up? Will EOS price go up? Will Bitcoin price go up? The FOMO is real.

After some contemplation I'm betting Bitcoin will rise faster in the short term than both Litecoin and EOS so I decided to take some profits and sold 30% of my LTC and EOS holdings into Bitcoin. By no means am I abandoning ship on "The Lites" or EOS and if either coin takes a dip I will buy back in but Bitcoin's potential to rise to $5K or $6K within the next 30-45 days is just too real ignore right now.

What do you think. LTC and EOS. Should you by or sell? Leave a comment below.

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  ·  7 years ago (edited)

I think you are doing the exact opposite of what you should do. Don't buy stuff (Bitcoin in this instance) when it is at its highest price ever! That is my advice.

I appreciate letting us know what you think and especially, what you did, @champagnecrypto, the actual moves you made. If you think BTC is gonna kaboom more and sooner than LTC, EOS, or NEO, then you made the right call. A correction for BTC is bound to come, but 5000 might come first. I don't know about EOS, but LTC is undervalued and I think could reach $100 by the end of the year. I see NEO continuing to go up in value also, China is in love with NEO.

Kaboom! I just bought the dips on both! 39 dollar litecoin this AM KABOOOM! I agree though.. BTC is looking to good and the fomo is intense.

I own BTC and LTC so were gonna Kabooooooooom

There will be plenty of time to buy back into EOS as they release 2 million tokens onto the market daily. Litecoin on the other hand I still think is extremely undervalued and has a lot more room to grow. It should be like $500 each not under $50.

Gotta go with your gut and I think my guts with your gut on this one.

Great video! I think it's smart to take some profit every now and then.

This post received a 2.4% upvote from @randowhale thanks to @champagnecrypto! For more information, click here!

5K-6K mmm
I'm just beginning to enter in this excitement for blockchain-based coins. From what I have read, although the technology has a lot of potential, it faces important scalability problems. There are many projects underway, all with their own peculiarities and also fraud halos around some of them. At the moment in which a concrete project will be generated and it offers all the advantages of security, elimination of intermediary and allows compatibility with existing technologies / languages, at the same time, that the progressive adoption of one own - as long as this one be better - perhaps a real break point be reached. Meanwhile the first approximation one can have at the present time, with a short- and medium-term horizon, is that of speculation. In fact many are taking advantage to move the network-business scheme that took over forex, after all, it is just another type of currency, right? ;)


5K-6K mmm
Recién estoy empezando a entrar en esta emoción por las monedas basadas en blockchain. De lo que he leído, aunque la tecnología tiene un gran potencial, se enfrenta a importantes problemas de escalabilidad. Hay muchos proyectos en marcha, todos con sus propias peculiaridades y también halos de fraude en torno a algunos de ellos. En el momento en que se genere un proyecto concreto y ofrezca todas las ventajas de seguridad, eliminación del intermediario y permita la compatibilidad con tecnologías / lenguajes existentes, al mismo tiempo, que la adopción progresiva de un@ propi@ - mientras ésta/e sea mejor - quizás un verdadero punto de quiebre sea alcanzado. Mientras tanto, la primera aproximación que se puede tener en la actualidad, con un horizonte de corto y mediano plazo, es la de especulación. De hecho muchos están aprovechando para trasladar el esquema de red que se apoderó de forex, después de todo, es sólo otro tipo de moneda, ¿verdad? ;)

Sold half my ltc ...and so the price then went up :-) ..traded for btc though so still Kaboom.
I do like litecoin though, it's the coin I always buy first with fiat

@champagnecrypto got you a $1.52 @minnowbooster upgoat, nice!
@champagnecrypto got you a $1.52 @minnowbooster upgoat, nice! (Image: pixabay.com)


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This is extraordinary!

Great discussion point. Thanks for bringing this to my attention. I strongly advice people to only buy in to cryptos that have a solid background: A solid team, product, advisors, preferably VC investors, etc. Sell all cryptos that don't have this solid background. It's a waiste of money. Does anyone know about: https://www.coincheckup.com Supposingly they researched every crypto coin in the scene based on: the team, the product, advisors, community, the business and the business model. They even score the coins stengths. Check: https://www.coincheckup.com/coins/Steem#analysis To watch Steem Analysis.

Good points in this blog. Interesting to see I'm not the only one that is thinking about this. Sell the coins that you know nothing about. Do proper research on any coin you buy. If the market falls at least you can hold your coins knowing they have a long term future. Does anyone know about: https://www.coincheckup.com Supposingly they researched every crypto coin in the scene based on: the team, the product, advisors, community, the business and the business model. They even score the coins stengths. On: https://www.coincheckup.com/coins/Litecoin#analysis To check Litecoin Research report