Litecoin is holding strong despite the current Market Situation

Litecoin is one of the oldest Cryotocurrencies out there and one of my favorite i remember the early days of mining LTC. Memories! I started buying LTC when it was valued $2.50 a few years back.

My first LTC portfolio climbed from $2.50 to $30 in just a few months and at it's peak i was so terrified of the bubble bursting and getting left with no profit so i cashed out. A few weeks later the price plummeted to $1.87 and boy was i happy to get out early! After that i developed a real fear for trading in altcoins and stayed out of the game for 1 year.

Fast forward February 2017

I woke up one day and realized that my dropshipping website was not making anything and my business model was becoming very competitive and crowded and i would crash and burn so i took a moment and reflected on my future and after a short while decided to sell the business.

I opened a Flippa account and listed my website. Although i didn't even expect to sell it because i thought no one would be interested, i started getting offers and 3 days later my threshold price was reached and 5 days later i sold my website for $5,000. I took the money and bought BTC as i decided what to do next and while i was researching for altcoins i saw LTC and it was love at first sight! At that moment i bought 500 LTC at $10 each.

Right now my 500 LTC is worth $22,000+ and I'm again at that crossroad wondering if this is the time for me to exit or i should continue to hold. One thing different this time is that LTC is not the most watched altcoin and so the pressure is not on litecoin because Ethereum got that pressure part covered.

What Now?

I'm hopeful that better days for LTC are ahead of us!

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