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Anyone buying Litecoin?

  • 31-01-2018 7:14pm
    #1
    Registered Users Posts: 181 ✭✭ 98-00


    Anyone buying Litecoin? Seems to be still heading down.
    I have a few coins but I bought a little too high, need to sit on it for a while.


Comments

  • Registered Users Posts: 6,489 ✭✭✭ CelticRambler


    Yes. I bought at less than the ATH, but still "too high" so I've been trading them down as the price falls. Unfortunately, the best time to do that seems to be a couple of hours before I wake up :pac: but even so, while reducing my average price paid, I've also increased the number I'm holding.


  • Registered Users Posts: 181 ✭✭ 98-00


    I'd like to try a bit more day trading but I haven't the time to do it comfortably - that is partially how I got stuck. But it's not too bad, it will come back.


  • Registered Users Posts: 6,489 ✭✭✭ CelticRambler


    Day trading is good fun on a rainy day ... unless all the movement is in one direction, or there's none at all. :(


  • Registered Users Posts: 2,261 ✭✭✭ garrettod


    I'm very reluctant to ever buy Litecoin again....

    Regardless of the reason he gave for selling, Charlie Lee got out at a good price, leaving many other investors to incur losses thereafter. I think his actions left a sour taste in peoples mouths given their losses, while some people also never believed him when he said he was selling to remove a potential conflict of interest. I'm not sure if Litecoin will ever recover from the damage he did, but obviously time will tell.

    Thanks,

    G.



  • Registered Users Posts: 2,261 ✭✭✭ garrettod


    Thought some of you might be interested in this article

    Thanks,

    G.



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  • Registered Users Posts: 7,055 ✭✭✭ JohnnyFlash


    garrettod wrote: »
    Thought some of you might be interested in this article

    Palwasha Saaim B.Sc thinks the price will rise because of a tweet. Wait a minute and I’ll shove my life savings into it. :rolleyes:


  • Registered Users Posts: 2,261 ✭✭✭ garrettod


    Palwasha Saaim B.Sc thinks the price will rise because of a tweet. Wait a minute and I’ll shove my life savings into it. :rolleyes:

    Two important points to make here:
    • I said that I thought some people here might be interested in the article, I never said that I agreed with it
    • Palwasha Saaim appears to have a fairly solid background in financial matters to be fair (see here), so she's hardly the shoe shine boy tipping stocks.

    Ultimately, we all pay our money and take our chances :)


    .

    Thanks,

    G.



  • Registered Users Posts: 650 ✭✭✭ preddy


    Yes at €100. 📈📈


  • Registered Users Posts: 181 ✭✭ 98-00


    I've a buy order at €100, and a few lower


  • Registered Users Posts: 6,413 ✭✭✭ Doodee


    The Bears are taking it to $80.


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