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14747635 No.14747635 [Reply] [Original]

Litchads, any breadcrumbs? Getting bored as fuck

>> No.14747727

was it whales that prompted the dump? seemed out of nowhere and way too large to be natural

>> No.14747798
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14747798

>>14747727
I think so. This dump is only fueled by fear, uncertainty, doubt and whale manipulation.

I think we can go up just as fast as we went down. That will probably happen once we're on an exchange with more liquidity.

If anything, I would accumulate with a DCA strategy.

>> No.14747812
File: 1.74 MB, 2236x3695, whales.jpg [View same] [iqdb] [saucenao] [google]
14747812

>>14747727
But anon, why are the top wallets getting bigger? Do you think that it could be possible that when the price is going UP they're selling, and then when it's going DOWN they're buying? That would be crazy haha.

>> No.14747838

>>14747812
Whale is confirmed not on this board, he doesn’t follow our one rule

>> No.14747890

>>14747812
wouldn't the cause and effect for whales be switched. If whales sell heavy then price goes down and if whales buy heavy price goes up.

>> No.14747892

>>14747812
accumulate for another 7 days. i expect good things, but only after the recovery from the 2MM extra tokens being unlocked

>> No.14748068

>>14747838
one of those wallets is one of my two wallets. have been accumulating ever since learning about lition on this cess pool board of racism and early signals of quality gems

did my research, feel the SAP connection is compelling, have accumulated a stack over the last week or two.

but to be honest, i have plenty of uncertainty about the legitimate potential of this coin to moon. thing is, i haven't felt compelled by any new project since raiblocks 1.5 years ago... just hoping i still have the magic touch of spotting quality before reddit does their research and realizes the same

>> No.14748167
File: 241 KB, 1906x1082, Screenshot 2019-07-12 at 21.09.43.png [View same] [iqdb] [saucenao] [google]
14748167

>>14747890
>he doesn't know how wash trading works
Whales make lots of small buys when accumulating and small sells when selling, they use bots on other exchanges that wash trade at a price that runs counter to their actions to 'trap liquidity', you know the big crash you see on any crypto chart around january? Once you hit the top selling your stack crashes the order book, whales are actually putting up sell walls on the way up. When you've hit the top you've already bought all the whale bags, that 'crash' is just them turning the bots off and retail investors realising they have no one to sell to.

>> No.14748341

>>14748167
So what are you implying this means for LIT

>> No.14748381

>>14748341
Death by snoo snoo unless binance listing and good news.

>> No.14748419

>>14748341
Since whales aren't selling, and all real volume is on IDEX (HOTBIT is wash traded) we can watch wallet movements much more clearly than on something like binance. Whales aren't selling is bullish.

>> No.14748598
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14748598

>>14748419
Agreed. Anyone with iron hands could make 10-20x from this in the coming months. I expect that to happen once Bitcoin does it's thing and drops to obscurity. That's when people will take a look at shi- Altcoins once again.

This is one of the most promising low cap projects out there so definitely worth the hold. Anyone holding this one year from now will be rich.

The cutoff to really make it is probably 22222 (Enough to have a masternode). Right now I would DCA accumulate until the price starts ballooning. Then just set a sell order at the profit you would feel comfy with. What burns most investors is riding the wave too long. This stuff comes in waves. It WILL go down, and it WILL go up. It's bottomed out now since the weak hands already sold. Near the end of this month it will probably balloon back to the previous levels (35 cents) or higher if there's FOMO. This is probably due to:

1. People having money near the end of the month, causing the markets to rise generally
2. Weak hands having sold
3. Binance DEX listing (more liquidity and exposure)
4. Good news (see roadmap Q3 in which we are right now, hint: "Main Net 1.0 Public Release: The Lition Blockchain is Officially Live!") https://medium.com/lition-blog/litions-roadmap-2019-c3ffd89143a1

Definitely a buy if you ask me at these prices. I'm not necessarily saying that due to the weight of my bags. I'd actually want to buy more now.

>> No.14748615
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14748615

Imagine ignoring this opportunity