Last month during the big hard fork scare, LTC was able to hold above 30$ while the other cryptos were in the bloodbath. It seems to me like LTC may have a more diverse group of investors, less prone to taking profits at high points then other currencies? I dumped all my BTC for LTC at 2900 and am hoping LTC will hold and I can buy back in when its around 2,200 which I think will happen over the next few days as big money shies away from BTC pre-segwit...
I dumped all my BTC for LTC at 2900, looks like i may be buying back in this week. I'm thinking 2,000 to 2,200 by Sunday. Thoughts?
This is highly possible. The weight feels heavy to move up from current levels for half a day now. If it is not going up, where does it go? It is dangerous to just buy on dips though without any clear signs of reversal is what I think.
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I can't help but wonder how stable Ether's floor is. I imagine not very given it's value
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