Re: How much will LTC correct?

My stop loss just saved my ass so I didn't lose any money, but I didn't sell any, so I didn't make any profit on this ride. My stop loss was set at 0.0105, went to sleep hopping it wouldn't go this low but it just fucking did. Is this a return to mean in order to continue a smooth growth? whales accumulating for 2 weeks before segwit is actually functional? we will keep stagnating until we see actual features being added and BTC continuing struggling to scale to cater for micro transactions?

I don't want to get in now and find out it's at sub 0.01 tomorrow. I know it will go up in the long term but I don't want to see it stagnate until it finds a bottom.

If BTC drops, LTC will surely drop even more. It's not a great idea to get into LTC at this point considering the high price.

Well, BTC usually drops when there are risks of hard fork, or other scenarios such as drama about the blocksize, fees and so on. LTC has no drama, it's just chilling on it's own, with freshly locked in segwit.

Now the question is, will this countdown have an impact on renewed hype for the next 2 weeks?

http://litecoinblockhalf.com/segwit.php

Buy now and sell on activation? or nobody will give a fuck about this?

Accumulation with some possibility to buy cheaper. After Segwit there will be a lot of news, that will drive price up. It rests while XRP, ETH, ETC etc. getting hype and pump.

The real question here is if we will test below 0.01 again or we will get another leg up after this triangle formation is over. And let's not forget technical analysis gets destroyed by single tweets, but right now we have segwit on lock_in so at least we aren't prone to miners trolling anymore, that gives me a peace of mind to re-enter LTC again.

I want to take a strong position so im just waiting to see if I can enter a bit cheaper. I just can't fucking believe I nailed the bottom with my stop loss and now I have to re-enter again at a higher price.

I think people are now cautious about LTC and ask for real results, even lock-in did not impact much on LTC price, but let to jump in in 0.01. It hard to tell if it fall down once again, but looks like it still accumulating in between 0.0112 and 0.0122. As of now, market grows on 1B every day, BTC looses market share 1% per day, for past 7 days, so getting to 0.02 looks realistic, even 0.03. It also will push BTC to take actions.