Charlie Lee tweeted that he expects a Litecoin correction soon. Here is the tweet
"Ok, sorry to spoil the party, but I need to reign in the excitement a bit...
Buying LTC is extremely risky. I expect us to have a multi-year bear market like the one we just had where LTC dropped 90% in value ($48 to $4). So if you can't handle LTC dropping to $20, don't buy! "
Might be a good time to sell for profit before the correction. any thoughts?
I am not convinced by the predicted decline of up to 90% of this, from my vision of ltc for the upcoming will surely rise in price because from 2016 ltc there is always an increase ,, there is indeed a decrease but from last year the decline was not to exceed 95%