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2795554 No.2795554 [Reply] [Original]

>Hedging in LTC and ETC.

>> No.2795555

Good luck, dumbass. Oh wait you already bought the tops on those.

>> No.2795597

LTC isn't really a hedge, it's more like putting all your money into the hands of a couple Chinese pools, as much as they keep wanting you to believe that "le silver to bitcoins gold" bullshit

>> No.2795617
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2795617

>> No.2795620
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2795620

>> No.2795634

LTC hedges against btc scaling debate crisis & ICO's dumping BTC.

ETC hedges against ICO's dumping ETH as well as future ICO scandals.

>> No.2795685

>>2795634
LTC feels like a ticking time bomb with some of those top heavy wallets and concerns of centralization, I'm unwilling to go for it after plenty of gains riding the enthusiasm from people at around $20.

>> No.2795691
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2795691

Rich and stupid? Litecoin!

>> No.2795696
File: 61 KB, 850x400, quote-the-first-thing-i-learned-is-when-times-are-tough-you-need-to-hedge-your-bets-you-need-donald-trump-56-11-51.jpg [View same] [iqdb] [saucenao] [google]
2795696

>> No.2795711

>>2795691
You are proving my point, Nguyen. Look at the comparison graph. The ratio of transactions to price in btc is mooning.

>> No.2795716
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2795716

>>2795554
Smart money.

>> No.2795932
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2795932

where were you when you realized there was almost no real demand (dollar wise) backing the value of LTC vs millions keeping BTC up

>> No.2796011

>>2795932
what are these millions keeping BTC up you speak of...

>> No.2796079
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2796079

>>2796011
The millions are on the books on multiple exchanges, Xiang.

I'm pretty sure everyone's realized that there are no hedges anymore and the "hedges" shit was just idiots gambling on greater idiots that they would take it as a hedge also, not unlike gold markets.

Spoilers: the only thing worth having at the end of the month is BITCOIN ledger entries saying that you have bitcoins. 90% of everything else is just attempts to get more of your satoshi. Good luck in the next 2 weeks while people quickly realize this and everything else crashes to shit. Nobody who holds BTC is going to give a shit about possible network issues for a single day.

>> No.2796091

>>2796079
do you hold any Ethereum? or are you as they say a BTC maximalist?

>> No.2796130

>>2796091
I don't believe in most crypto having the value that they have right now, I just ride market sentiment. Some that I think are personally interesting are Doge and Bitbean actually, since they are in and of themselves disruptive forces on a disruptive market.

>> No.2796136

>>2796130
lol

>> No.2796189
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2796189

>>2795597
LOW IQ
O
W

I
Q

>> No.2796201

>>2796189
translation: STOP RUIN SCAM, ROUND EYE

>> No.2796801
File: 231 KB, 400x400, LN6HayFM_400x400.png [View same] [iqdb] [saucenao] [google]
2796801

>flies off a cliff much harder than btc
>ltc/btc value keeps flash crashing
>literally signed your soul away to this man
SEEMS SAFE