Bitcoin Cash being added to Coinbase and GDAX trashed all the other coins there. BCH is at $3600, (was $1200 this morning before being added).
Hold Litecoin, it will come back. See below comparison from a Reddit friend:
1. Litecoin has Segwit, Bitcoin cash does not.
2. Litecoin processing block is 2.5 minutes, Bitcoin cash is dynamic(it is slower on average)
3. Litecoin has cheaper TX.
4. Litecoin had a fear start while Bcash did not.
5. Litecoin is smart contract compatible, Bcash is not.
6. Litecoin is atominc swapping compatible, bcash is not.
7. Overall Litecoin technology is more advanced.
8. Litecoin is decentralized, bcash is very centralized.
dianefrances
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@kharma, that puts it into perspective very well good job keep ltc for sure its the best
m4ryou5h
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@kharma, Bitcoin cash is centralized and that's the difference when u think about mining devices firms.
They want bitcoin cash to go high, they don't care about ltc, that's the reason ltc can't catch BCH - at least not yet.
mgreenfield
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Thank you! Where would you place your stop?
pevico
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This strategy still valid after this crazy night with BCH and BTC? If so, it's a buy zone, right?
c4llus
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@pevico, My plan is to HODL, if it dips, just buy more. I remember buying my ltc for $6 and selling for $30 because I thought it had topped out. Look way ahead. If $100 seemed farfetched back then, then $500 - $1000 shouldnt seem farfetched now.
pevico
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@c4llus, I was thinking about it, hold what I already have and buy more if it dips. Probably, in a long term, we can have good profits, after all, LTC is a cheap coin that have great potencial
iMountDuneed
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@c4llus, I bought a few BTC at 300 and sold at 400 :-(
RRoss77
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I think that next high will be 660 - 700 and support and support around 500
kriptexatom2
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@RRoss77, THERE will be great resistace and pull back to 400$ level and if it sustains that we will see it bolt up to 750$ and so on so forth. This game is like man behind a women doing doggie style in insert in and out and sometimes faster
Hold Litecoin, it will come back. See below comparison from a Reddit friend:
1. Litecoin has Segwit, Bitcoin cash does not.
2. Litecoin processing block is 2.5 minutes, Bitcoin cash is dynamic(it is slower on average)
3. Litecoin has cheaper TX.
4. Litecoin had a fear start while Bcash did not.
5. Litecoin is smart contract compatible, Bcash is not.
6. Litecoin is atominc swapping compatible, bcash is not.
7. Overall Litecoin technology is more advanced.
8. Litecoin is decentralized, bcash is very centralized.