Post
Topic
Board Altcoin Discussion
Re: Litecoin is below 5 USD ,what should I do
by
niothor
on 15/08/2014, 14:41:13 UTC
It’s been a while since the dropping, people were talking in this forum ,about the price,  the asic and the future. I am a regular miner who have faith in crypto but can’t afford to lose everything I got just by my faith. There are so many topics about litecoin is dead or it’s not. What I really want to know are :
Litecoin is Now Below 5 USD ,what should I do?I got coins,not only LTC,Doge,even a small amount of Mona, should I sell them all or should I get more?
Asic factories are selling asic machines at a very low price now,is this a good opportunity to get some asics?

Please try not to spread FUD or giving hope for no reason.Thx.


Rule of investment.
Never invest more than you can afford to lose.

And most people here will give you advice based on what coins they hold in their wallets.
I wound't trust more than 1% of them to give you an unbiased answer on this.

Surely if they hold a coin, it's because they have done their research and believe that the coin has good long-term potential? Just because someone holds a coin, doesn't mean that they can't give rational reasons for it.

Well of course, there are bagholders of failed scam-coins, but they are easy to spot.

Common , 90% of coin holders don't have a clue what they hold.
Look at all those  failed ipos.
Look at all the dead coins.
Remember the nation coins hype ? How many where so sure of their future and what happened to them.

Unfortunately no. The last wave of "investors" that came to the cryptos scene is made by a lot of blinded by greed people who dream of being the next satoshi.