LTC Bull & Bear runs

2 thg 4, 2018

It looks like you are experiencing the worst LTC crash of the last 12 months. I would see this as an experience. In the long run, anyone who bought at the previous tops, has had the opportunity to sell higher later. So, to those who bought at the top, there is a good chance that your day will come and you will sell above that price. To those who never had LTC, this is a great time to buy-n-hold. It may go lower, it may go up...no one really knows.

2 thg 4, 2018

Ghi chú

Bull runs are calculated from top to top
Bear runs are calculated from the previous top to the lowest low.
Next bull run is calculated from the previous top to the next top
Trying to show that those who bought at the TOP of the bull run, has had a chance to sell even higher

2 thg 4, 2018

Ghi chú

Little math.

Option1: You bought 1 LTC at 370 and are holding at a loss. Let's say you add one more LTC now 110 usd. You have 2 LTC, and spend total 370+115= 480. Your average LTC price now is 480/2=240. You will have your money if LTC goes to 240

Option 2: You had 1 LTC at 370
You buy 2 LTC now. 2*110 = 220.
Total amount spent: 370+220 = 570. You have 3 LTC and spent 570
Average price of your LTC 190. So if LTC turns around and goes to 190, you will have your money.

Option 3: You had 1 LTC at 370
You decide to spend 370 usd more.
370 usd / 110 usd price, you get 3.36 LTC.
You now have 4.36 LTC and the total amount spent now is 740 usd (370+370)
You LTC average price now is 740/4.36 =169 usd.
If LTC turns around, at 169 you have your money.
But, it can go lower then 110..... :) you decide

2 thg 4, 2018

Ghi chú

(370+115 = wrong) :)

2 thg 4, 2018

Ghi chú

I will comment on this, after LTC goes at least 40% above 370. That would be LTC 518 usd :)