I made a 3 LTC purchase back in early November because I believe in Charlie Lee. He has proven himself in the cryptocurrency world and has true passion and commitment. I think this single factor is vital in all cryptocurrency purchases, whether that includes a single, well-known creator, or a large group of creators with very elaborate focus on their individual projects. Weighing the benefits of the statistical analytics as well as the team behind the coin is crucial in long-term investing.
Thank-you for your input! You serve the steemit community very well, and we all appreciate you.
Lee sold all this LTC correct?
https://techcrunch.com/2017/12/20/litecoin-charlie-lee-conflict-of-interest/
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P.S. LTC Was my very first coin purchase, so I only purchased 3 to test the waters. As you said earlier @davidpakman the existing price was much more manageable and purchase-friendly.
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I certainly like the price point right now @ ~$232. It bounced back quickly after Charlie announced he sold his holdings, and there are some positive rumors swirling for 2018. Poised for a nice jump.
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I wrote an article about the possible announcement.
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