Post
Topic
Board Altcoin Discussion
Re: Beginning of massive breakout?
by
Nakarato
on 13/10/2021, 21:33:55 UTC
Litecoin Cash is pumping hard for 2 weeks, do you think that's the breakout point?
It's really irrational, cause Litecoin is falling atm. Opportunity?
litecoin-cash isn't yet listed in any exchanges because it's a new project, so it's quite skeptical in my personal opinion if it will last and can give good return afterwards, wherein maybe it makes hype only because of FOMO. Indeed as you can see its down from $0.26 to $0.22, probably those holders already dump. and it's not safe to buy  to be honest, unless if it's listed already in some exchanges where we can make technical analysis using the graph itself because we can obtain more information.. Not on this situation that only price action is available, which not informative.

I understand your point of view, but what I want to clear is that Litecoin Cash has a true longterm value. So it is no FOMO. People sold all their LCC, because everyone thought, it is a scam, but it never was. It is a cheap buying opportunity. It is as if you get a Bitcoin for $1. The project behind LCC is amazing, it is the cardano of store of value coins. Massive underrated and no one see it.