Remember the post few days ago, where I talked about Litecoin now owning a share in a bank? Well, if you remember the old days, when crypto was still in it's infant stage and yelling "mama" in it's crib, subltle hints were all that were needed to get them cryptos giddy.
These days another shill is ongoing, as Charlie Lee, the founder of Litecoin, is quoted to aim to push Litecoin to new all-time high levels, beyond it's recent $360 high, up to $400.
In a response to a "crypto regret" rant, Lee told that he is trying his best to push Litecoin to $400, to avoid being attacked by random blokes on Twitter all the time. Whether he is really working hard on that goal, is unknown, as he, at a later date says that he is being misquoted on various media outlets
In a world where HODLers are feeling the pain and everyone wants their favorite coin to moon, community leaders' every word is monitored carefully for hints, so you can bet that Lee's words will not fall on deaf ears.
While the latest bout of strength in the markets has mostly fell on Bitcoin only, leaving alts far behind, Litecoin, with it's recent acquisition of a 10% share in WEG Bank and a charismatic leader, is certainly in a good position to be backed by strength and good demand.
Charlie Lee himself though, says that the goal of Litecoin Foundation is not the price of LTC, but rather good and innovative use cases. So godspeed on that mission for them, as with good use cases, price appreciation should not be far behind.
On another note - while Lee doesn't shill his own Litecoin that much, he certainly is a big advocate for BTC, which his recent tweet clearly shows:
Lee says that everyone should strive to own at least one Bitcoin, as long as that's even possible:
"There will be at most 21 million bitcoins in existence. There isn't even enough BTC to go around for EVERY millionaire to own one. So before you buy any other coin (LTC included), try to own at least 1 BTC first. Once you have 1 BTC, buy all the shitcoins you want!"
I'm with Charlie Lee here. Obtain as much majors and utility coins as possible and keep grinding.
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Charlie Lee is sure an interesting character. I respect him. Trying to get at least 1 bitcoin .... or even 0.5 I think is ok also!
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Bought at 300 then 220 then 200 then 150 then 120 then realized that I cannot buy anymore and it is on 76 now :p
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That's trading life, mate. I bought high too, but I let go of mine for a loss of $3000
Either hold or let go and move on.
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I never let go of what I hold and finally, it gives me fruit of holding ... by the way I bought ZCL and multiplied my LTC ... now I have bought XP and BTCP. So when LTC is going to reach 300$ again I will have more of the LTC ;)
I believe you should try this strategy for once to see if you can make better from the rekt situation rather than going with USD at loss.
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I was referring LTC pairs here i.e. ZCL/LTC, XP/LTC, BTCP/LTC
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I have put the money ,that was tied up in hodling into far better uses elsewhere :)
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Wish you best of luck buddy.
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I always tell my friends to buy BTC first. Nobody ever listens and they just got REKT by the alt-coin market this week :-X!
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This was funny
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Very nice post brother @furious-one
I love this post good luck.
Hope you can help upvote my posting
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glad to read this post @furious-one specially Lee's tweet. Hope it will touch 400 mark soon within few weeks. What you analysis says for litecoin ?
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When 2 lambos? 2030
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@furious-one
Litecoin is my future millionaire plan
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