Post
Topic
Board Altcoin Discussion
Re: Long, Short or Hodl for LTC?
by
ije07
on 08/02/2021, 11:31:10 UTC
LTC price is mooning along with other altcoins.

Can you give me some of your TA for LTC? 

I do not see Litecoin making independent attempts to grow. This situation is certainly disappointing. Litecoin exactly follows the dynamics of Bitcoin. Everyone has their own views on Litecoin but it seems to me that this is a stable, although unpromising coin. Although some make good money on it.

You are right. Litecoin is currently only going with the movement of Bitcoin. If the price of this altcoin depends on the price of bitcoin, then it is better to trade in bitcoin than to trade in this coin. This will definitely cause frustration among traders, I myself do not expect much from litecoin in the current market situation. The prices of other top coins have already changed a lot, which is attracting traders to other coins.

yes, this time LTC can't do much compared to some of the other top altcoins that have increased significantly like ETH, BNB etc. I also agree with you, it looks like this is not the time for LTC to experience a significant movement in the current market conditions. a little advice for OP with (HOLD) LTC, and do other things that can be profitable by Taking advantage of the current market situation.