Staying above teal lines means bulls are in charge, staying below means bears are in charge; hovering around means consolidation. Upside in 2018 is going to be huge.
Komen
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If you are ever doubting the long term trend just remind yourself that it is more than likely that LTC will be worth 1000+ within 1ish year. As Litecoin pushes to new highs it will become more and more bullish. Litecoin will mirror Bitcoins growth because it is the solution to Bitcoins scaling problem.
Komen
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Gentleman Litecoin is now bullish to a point that this chart is no longer accurate. Hold on and don't plan on selling for the next 3 years. Shit is about to get hyper parabolic; mass adoption has arrived.
just sold 20% of my ltc @ 160. I don't know if its a good move though. Hopefully I can buy back in at a lower price, but ltc is just going crazy today.
hello-electro
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Litecoin. The new honey badger!
michaelchristianis1
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any thoughts on IOTA? do you think its worth the value or is it just going through a pump and dump?
i_am_noone
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@michaelchristianis1, It went up too soon, to quickly. Not very much support building on it's way up. I think it'll comedown in a manner of time.
michaelchristianis1
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@MertB, what about this tangle technology as a whole? The zero fee feature. Will it overtake blockchain?
i_am_noone
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@michaelchristianis1, IOTA has security issues. Security issues devalue the fundamentals of the tech. Tech doesn't matter if people can steal your coins. It also went up too fast, so it will come down hard. It is very risky to enter IOTA now.... maybe when it is back to being a dollar... It will have a dead cat bounce. You could technically play that aspect of its rise but I personally wouldn't. If it had a slow and stead rise, and safe tech I would be more inclined recommend it but it didn't have those two characteristics.