/biz/ - Business & Finance

>>28803245


Ł
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I love ltc bros

>>28803245
$218 stable coin?

>>28803245
>buy BTC and LTC
>sleep soundly at night
>buy any other coin
>be stressed out for a week
What causes this? Why are BTC and LTC specifically so comfy?

>>28803504
The two best holds in the game
>funnel BTC profits into LTC
>LTC moons to 0.2 sats
>convert back to BTC
Compounding gains

>>28803422
>checked

he ŁOVES the coin
>this boomer is OK

>>28803504
>>28803585
they're more than cryptocurrencies. they're money

>>28803422
Łitecorn.

On the 27th day of February, 2021, the moon will glow silver and Litecoin will be worth $2070 United States Dollars.

I LOVE THIS COIN

>>28803498
Ł1 Stablecoin

>>28804410
That would be literally fun, that's my birthday. Just got 6... maybe I should buy more

>>28804644
make sure to use your birthday wish to wish that wagmi, fellow six-coiner. had a limit order at $200 that activated, making a 6coinionaire.

>>28804410
next full moon: Feb 27
>everything is proceeding exactly as anon has foreseen

>>28804562
this anon gets it

We do not chase jeet scams.
We are priced out of BTC.
We dont understand Uniswap.
We are poor.
We are the Łitecoin boomers.

I’m at 35 coins atm, supposedly the resistance between 250 to 400 is very minimal and the growth should be smooth but I’m no market autist, I just picked it up because it’s undervalued since the visa pickup and new content on horizon.

how many litecoins do i need to retire by june? im thinking 100

got in for 6 at like 160, so I'm happy right now, but am happy for everyone with the big bags.

https://www.youtube.com/watch?v=yH8b5ruc_-E

only boomers will remember this.

>>28803245
LTC $420 waiting room

>>28803245

>214

>traded out of ADA for LTC after last night's dip
>LTC still crawling back to its pre-dip while ADA soared right past it
Is this the power of boomercoin

>>28805520
grinding runescape bumping

>>28805958
LTC is not supposed to moon for another 2 weeks so this play might test your patience

>>28805485
>the frenhood is strong with this one

>>28805810
that's some rootin' tootin' straight shootin', pardner

>>28805642
>42
could it be ... $420 by 4/20?

Foolishly sold the dip last night and bought back in today. Lost 11% of my LTC holdings due to my greed/idiocy.

>>28806044
Why not for another two weeks?

>>28806225

By 4/20? My friend thats way to fare away, its coming next week

>>28806242
prophecy
but also Mimblewimble completion and Flare airdrop are not happening till March so they are not getting priced in yet

>op is 79 y/o
give him a break for posting about his boomercoin
he doesn't know about defi, let alone aave.

i gave my parents five litecoin because its quite literally the boomercoin lol
they are happy with the returns

>>28806232
Buy and hold, how hard is it to understand?

>>28806524
>defi
More like delhi, pajeet

Leave our - 1st word coin - alone

>>28806482
Is it just a very happy coincidence that every project seems to have a "big announcement" coming in March?

>>28806430
you may be right,
I may be crazy

>>28806524
my interest in crypto runs only so far as it fulfills the criteria of sound money

>>28806768
based cryptokid

>>28803504
Because BTC and LTC are the sun and moon of cryptocurrency, they make the seasons and they bring in the tides. When you buy one you are guaranteed profit during a bull run, and by the time it’s time to sell you are guaranteed knowing they will continue to exist throughout the bear market. BTC and LTC define the market, so why not put money on the winners?

dip or rip here, anons?

>>28808234
that is poetry

>>28808399
Sure looks like a rip there bub *sip*

bros i have a bad feeling ltc isn't going to moon, might just go all in on BNB and call it a day with crypto for a few years

I'll buy in if it goes back to 200.

>>28808890
sure wouldn't surprise me if we was to see a good ol' fashioned head and shoulders here, Randy

Not feelin’ too good about this here dip, Bob. Feeling bad, I didn’t want crab today. Can’t go mow my lawn to take my mind off it either, it’s all snowed up. What do you fellas do to pass the time before the next big monster energy pump?

I almost solded that dip , why cant we just go up??

>>28810288
Turning the corner already, gonna crack open a cold white monster and watch my litecorns moon *sip*.

>>28810288
>>28810384
>>28810478

now that was one serious wick

>>28809181
pay attention to zone in pic related, may be your best bet

>>28810478
Wow, I wish I could hear that engine purr, but all I’m gettin’ is old man winter crackling at my door. Going down to Florida to see the folks though, so my weekend’s locked and loaded for some good food and good mood.

why would I buy LTC instead of BTC?
Isn't that just like buying ETC instead of ETH?

>>28811381
faster, lower fees. in many ways, Litecoin better fulfills the function Bitcoin was designed for

the emergent pattern of behavior is something like
>Bitcoin is store of value
>Litecoin transacts better

>>28810723
ain't nothin quite like gettin' outta town to escape the rat race, sittin' down with kin, and sharin' a patented ice cold Monster Ultra. enjoy the weekend, Hank. don't be surprised to find your driveway's been snowblowed! I owe ya one!

>waiting room
I'd been waiting since getting rekt in 2018 and finally got fed up and sold my bags into Link at $2 last year.
I really had faith in this project but I think Charlie caused irreparable damage when he dumped his stack in Dec 17 at the ATH.
Would have made it by now if I'd listened to the Link shills back then

I have 200 LTC am I gonna make it?

>>28812475
>this old trope

Litecoin's actually in a unique position, in that it's founder has "rugpulled" and the coin still doin sumn sumn. that very sword of Damocles looms large overhead for a number of other projects, but not Litecoin

>>28812587
wagmi, pika-fren. 200 is a comfy hold

>>28812475
>I think Charlie caused irreparable damage when he dumped his stack in Dec 17 at the ATH.
Well you're wrong because Litecoin is now even more accepted than before and everywhere kek.

>>28812587
If LTC hits $500 you’ll have $100,000, if LTC hits $1,000 you’ll have $200,000. If you invest half of that money into LTC when it dips during the bear cycle (let’s say $80) then you’ll have 625 or 1,250 LTC. This means you’re gonna Make It in the next bull cycle. If you keep accumulating coins and buy into some shitcoin investments. Congratulations, anon; you’re gonna make it within 2 years.

what's everybody's "make it" price? not the price you expect at the top, but the price at which you would be happy to cash it all in and call it a day

>for me, that's probably 2k. anything over that and i'm floating on clouds

>>28812803
>you're wrong
You're emotionally invested

I'd actually like to see it do something. Bought a little a few weeks ago and took a small profit during the week.
A 60 year old guy I work with who owns no crypto actually brought up Litecoin in conversation with me a few times over the past month.
It's a little discouraging that even when the general public are aware of the product that it still does nothing.
Got seriously burned by fomo'ing in Dec 2017 when Charlie kept tweeting about a "big announcement" while the web was lit up with rumours of an LTC-Facebook partnership.
Charlie dumped all of his coins with some excuse about conflict of interest and the big announcement never came.
Like I said in my other post, I like Litecoin, but it's not performing for some reason.

>>28813726
The worst case for this run is one month left. I'll probably sell most of what I have then. This coin can be underwhelming so I'm not anticipating any insane returns unless bitcoin carries it there.
https://www.lookintobitcoin.com/charts/pi-cycle-top-indicator/
And yes its somewhat arbitrary but its been proven right over and over.

>>28814255
It’s not performing because I bought in on Saturday. Sorry!

Imagine looking at the LTC/ETH chart and not immediately converting.

>>28814255
>A 60 year old guy I work with who owns no crypto actually brought up Litecoin
the meme is alive

>it's not performing for some reason.
i think this can be explained in part by supply side factors. Litecoin is one halving cycle behind Bitcoin, so it's block reward is now 12.5, relative to Bitcoin's 6.25. so inflation is currently double, which dilutes price. this on top of extant supply imbalance (66+ million vs 18+ million)

obviously the comparison doesn't hold against coins other than BTC, nor should it. different purpose altogether

>>28814698
could be that Bitcoin is nearing the finish line, but my sense is Litecoin still has legs. I'll bring up the supply issue again >>28814775

Bitcoin institutional accumulation has far outpaced the same in Litecoin, though this is growing, and BTC runs the risk of going "offerless" if the bull run continues its frenetic pace. see Willy Woo's analysis. many many Bitcoin will not return to market for a long long time:

https://twitter.com/woonomic/status/1357624635034984448

brump this bread

how much LTC for a young guy to retire? (in a nice part of USA)

>>28814255
>You're emotionally invested
No I just had to do some research to see that it's more accepted than ever. You're the one thats actually emotionally invested.

>>28805417
100 could certainly get you much of the way there if price continues to run beyond the ATH

>>28816543
at what price point do you expect this to be possible?

I have 95 LTC. Should I hold?
I am drawn to the other flavors of the season like grt.

84 /makeit/ stack, always has been, always will be

>>28817419
>I have 95 LTC. Should I hold?
Cash out however many LTC you feel comfortable to invest in the seasonal flavors. I'd suggest 20 to get a comfortable 75 LTC and $4,000 to play around with.

I want this to go past its ATH

>>28817647
Don't we all?

>>28816543
Litecoin is not a good investment for retirement. Near the end of the bitcoin cycle you can get some decent returns out of it but I wouldn't invest in it for the long term as it has been in decline ever since that chink sold all his litecorns. Right now $250k worth would likely be the minimum if you are looking at 1M.

I would wait for bitcoin to fall all the way back down to its 200 week moving average. Then go on coin market cap look at all the coins you missed or got great returns out of this cycle and buy them up cheap.
BTC, BNB, ATOM, GRT, LINK, DOT, ADA, KSM, BAND should be safe bets and get you a 10x next cycle.

somebody fudded

>>28818691
Looking awfully bearish now. What a piece of shit token.

He bought?

>>28818853
>>28818808
>>28818691
I thought holding LTC was supposed to be comfier than this. I'm not gonna panic sell, but I'm definitely going to reevaluate my investments if this doesn't improve by mid-week.

Buy the dip

>soon

How much do you think it will dip

>>28818981
I AM STARTING TO FEAR

>>28819464
it dipped to 190, you already missed it

>>28818808
>>28818853
>>28818981
>>28819464
>>28819500

plenty of indication here we're looking at support. this correction mirrors the one which happened immediately prior to the $230 run. weak hands gonna shake

>>28819191
>>28819369
>>28819520
>these hands is diamond

>>28819579
>TRUST THE TA

fucking hell crypto is a joke
no matter what you hold when shit goes down all charts look exactly the same

>>28820075
>>28819894
It's a volatile market by nature.

>>28803245
Just bought more LTC for $1000 *sips*
We going to the moon.

>>28819579
i mean it's probably going down to like 190 to make a higher low and form a bull pennant

I bought too high and I'm stressed out all the time now. This is not very comfy.

>>28820380
Relax brother, soon enough you will feel like pic related

>>28820201
>190 to make a higher low and form a bull pennant
I can live with $190 - I don't want to see the chart when it hits there, but it's not going to convince me to sell. My only regret is not selling when it hit that high-mark today so I could buy in at the dip, so I don't have to fret over whether I'm making a profit or not.

>>28820448
well you never know
i was looking at it hit resistance at 230 and considered selling but then what if it blasts right through it? hindsight is a bitch

>>28820380
Bought 15 LTC at $277 lmao.
waiting until it dips good then I’ll but some more. I have a good feeling about this one idk why

>>28820380
you'll be fine
I bought last weekend at 160 and felt the same way when it dropped to 144
week later and I'm pretty comfy watching those dips
you'll feel the same way next week, just need to wait it out
no matter what crypto you'd hold it would have been the same
everything is going down now

>>28819579
>>28819894
forgive me, was too quick to complete that triangle. hugely encouraged by the bounce off $201

>>28820201
that parallel channel indicates to me $190 is behind us, could be wrong. maaaaybe we briefly revisit $195 territory but idk

looking now for a retest of that band between 0.35 and 0.40 retrace marks, and a grind along the parallel channel before any test of triangle's apex

>>28820607
>well you never know
It's Monday. You rarely see breakout pumps on Mondays, that's more of a Fri/Sat thing. It's true that hindsight's a bitch and a whore but I'm beginning to think I really should just risk a swing when this goes back up, because most of my dollar-power seems to be in the $210 area, even with my DCAing at $192 and $215. I might miss a breakthrough, but I might also buy myself some peace of mind.

Best Litecoin software wallet?

>>28820884
idk, LTC literally started parabolic run last week, swinging parabolic runs is asking to get burned

>>28821047
Exodus is reliable for holding LTC, among a great number of others
Litewallet is a quick and easy LTC mobile wallet
Electrum for Litecoin is good too

>>28820761
hey son, *sip* so meme lines say ltc go up? You could've asked me, it is obvious. *sips*

>>28820761

to illustrate further, my expectation is we won't bridge the central quintile gap this evening (the span between 0.4 and 0.6 retracements). weak hands were spooked today, more need to be shaken out

the wick off $201 indicates a strong accumulation commitment just above $200, expect that to be revisited thru tomorrow before selling pressure is exhausted and recovery can resume

>>28822385
>this fren bought da dip

Im bleeding sats guys

>>28822972
Me too, MWEB can't come soon enough

my only egret is not buying more las weekend
I had extra 8k I could've dropped when it dipped but I fucked up
not sure what to do now, the dip yesterday was too quick for me to react

>>28823484
Maintain some but orders that are like 10-15% below the current trading price. It’s annoying to maintain but you’ll miss less dips if you really want it

>>28823484
buy tha dip anon yknow you are gonna regret it

>>28823572
Can I buy it with litecoin?

>>28812787
this. It's a good thing the founder fucked off. We don't have to worry about him dumping on us twice. It's basically a satoshi nakamoto situation.

>>28822972
what are you talking about, ltc is still gaining against btc

>>28823632
STEVEN?

>>28824123
I bought right before the btc dump

>>28822544
>I AM A BALD FRAUD

Dennis Gartman'd myself. this market is stronger than I give it credit for

>>28824246

>>28824327
that's the xrp graph

>>28824327
>number could go up
>number could also go down

>>28824327
i did the brap
when i shoulda done
da pee poo

>when it pays to be wrong, your position is strong

bump

>>28825483

https://twitter.com/rektcapital/status/1360682557969485824

>>28826224
>somebody bought da dip

I've a funny feeling we're in for the ride of our lives with this here Litecoin thing

catch you all tomorrow

>>28826343
Cheers anon. Holding litecoin is unlike anything else in crypto.

What's the realistic EOY on this. Most of the Shit you see online is way behind. Same for most coins. They'll have 2022 prediction lower than it is now. Everything pumped too fast I guess. Help me out here. Tryinf to be a little safer cause Im a paper handed homosexual

After saying I'd get in at 200 I got in at 203 lol. Lets dew it lol.

>>28826957
Somewhere between 800 and 5000. What am I a prophet?

Most spikes with the LTCBTC ratio seem to occur roughly at 0.02 btc. At this exact moment that would put it at $968. Assuming bitcoin will roughly triple by the end of the year, that would be $2,904 dollars. That seems pretty realistic to me.

>>28806232
you were weak. accept the shame and learn from your mistakes.

>>28827202
This guy gets it

>>28827202
that's what I want to see too
based
there's TRIPPLE bullish divergence on both oscillators on LTCBTC weekly char and it just broke out of that falling wedge
i can feel the pump coming bros

anons.. fellow liteknights.. i dont wanna cause any alarm but .. litecoin is about to pump on a NEVER BEFORE SEEN scale in the coming weeks.

i hope you're ready

>>28827967
MIMBLE
FUCKING
WIMBLE

>>28827967
>liteknights
did I just witness the birth of a meme?

>>28828104
no

>>28827967
Deus Vult

Gonna get some sleep I hope i will wake up with ltc at 235$

>>28827967
fuck yeah I'm ready my liege

LTC threads are my favorite on /biz/

Extremely comfy.

not sure is I like this better than boomer memes but thought i'd contribute, name's pretty catchy

$3400 eoy

priced out of BTC, lost too damn much on DOGE, but i see a reverse head and shoulders here.
might buy in.

>>28829923
Honestly one of the safer bets in crypto right now fren.

>>28829159
welcome fellow liteknight

>>28830036
kek

>>28803245
Bump, waiting for NYSE open.

you guys should buy Lite Haircomb

>>28804410
reading this from my rtx 2070

do you think we will run when BTC breaks 50k?
I remember seeing LTC make like 25% daily gain when BTC broke 30k for the first time in early January, thinking same might happen now

>>28829983
It’s literally the most liquid after btc.
And the second most accepted in crypto atms after btc, beating eth and xrp.
It’s one of the oldest and most stable among all the other alt coins that’s why boomers love it so much.

>>28830631
>I remember seeing LTC make like 25% daily gain when BTC broke 30k for the first time in early January, thinking same might happen now
God, I hope so. This growth is really giving me a boner.

if trips 500$ EOD

>>28832445
445 EOD confirmed

>>28832445
so close anon; quads for $1000 EOM

holding strong bros, 320 will be here before you know it. feelsGreat.usd

>>28833000
Fucking checked.

>>28833000
ITS HAPPENING

GIVE HER YOUR ENERGY BROS

>>28833707
Put a market order, Dale

>>28833000

We got the full house lads

>tfw got in during the peak at $223 the other day
Im dumb bros it hurt so bad knowing I could have gotten in at $180 yesterday

>>28833823
i got in during local peak at 166 last week and super comfy now
don't worry, just give it time

Alright just bought 115LTC. get ready for the dump.

>>28833823
Is ok fren you didn't know if we would dip that hard or start running. You got skin in the game now. Time to march towards 2k end of cycle.

doesn't btc and ltc pump togheter?

If this does well the ol' ball and chain said I can get new headers for the 'stang

>>28833823
I got in at $100, then it tanked to the 60s.
Shit stung but I held anyway, it gets better

You fags are not loyal
everyone was taking a shit on LTC last year, calling it dead and a shit coin. it was fucking 30 dollars, had to snatch a bunch. And now that it moons you people flock to it. biz really is all about fomo

>>28836384
Loyalty is for dogs, patriots and relationships. LTC is not a wife, I'm not married to my coins.

>>28836545
I guess loyalty isn't the right word to use, more like reasoning instead of fomoing like crazy

>>28820380
the same thing happened to me over the weekend. I held because I thought it would go up and it did. This coin seems to be stable with a upward trend. In terms of crypto, it is slow right now. But is is on robinhood and a clone of bitcoin, so it will go up faster in the future, right now it is cheap.

>>28836384
Ltc has appeal factor for it, there’s plenty of reasons why it should be valued but whether it is or not is all that matters. There were plenty of great products that were shelved for a lesser product because investors never latched onto the superior product. Expansion is the most important aspect of a product, you could make the best fucking chili on planet earth but if you don’t find a following to advertise and preach that evangel you’re going to be the only one that knows it.

>>28836872
This shit moves like a snail, boomerbro

>>28838343
That's the best part.

>>28838394
The price gain is worse than BCASH

>>28836384
400k sats LTC is a buy all day

>>28838548
our time will come

>>28839166
Hopefully, it will come but I seriously doubt Niggerwimble will do anything to the price. How's a privacy feature supposed to make Normies jump into this shitcoin?

>>28839421
it doesn't matter what the news catalyst is
it's enough that we have it coming up

>>28839659
When is LTC Flare drop? and how are we supposed to get it?

>>28833000
>Trips of truth and dub dubs
Fuggggggggg I'm ready

few drinks in, should i yolo the rest of my bank account into LTC?

>>28840530
I did. Not the comfiest hold but could be much worse.

>>28840530
yes but wait for dip, btc might dump

>>28840530
>the rest of my bank account
how much are we talking about here?

>>28803504
Could also just keep in LINK and have consistent steady gains

>>28840967
few G's + closing out of several G's in stonk market hopefully this week

>>28841161
plan to divide the stonk gains between PMs and crypto

>>28841161
If you want "speed" go all-in crypto, if you want "downer" stick with stonks

>>28841297
idk stocks have big movers too
lots of leveraged ETFs outperformed BTC last year
Tesla did too

>>28841297
who the fuck wants "downer" ?

>>28841439
you'll see special cases like tesla or GME (once upon a time), you have to compare BTC to DOW or S&P since daddy butcorn drag everything up or down

>>28841483
your neighbor named Blake who smokes weed and watch Planet earth on repeat