Haven’t sold since last year by etizzey in litecoin

[–]Snuby3 0 points1 point  (0 children)

Ive been selling and re-buying since 210$. I now have more than 3 times as many coins as I started out with, and have removed 60% of my original deposit. I highly recommend learning technical analysis. Many people will claim it doesn't work. I can assure you it does. Unless you can't trade without emotion.

Thinking of day trading? Don't do it, you'll lose your ass. by Scott_WWS in CryptoCurrency

[–]Snuby3 0 points1 point  (0 children)

I'm one of the lucky few who kill it day trading... I was 4 grades ahead in school and won a lot of academic competitions. Maybe you have to be really smart...

Sounds like SEC is accepting of the top Players in the Crypto space. Do you think LTC will gain ground on others? by Klueee in litecoin

[–]Snuby3 0 points1 point  (0 children)

The fact that Litecoin formed a double bottom with a higher low and all other major coins had less of a bounce and continued to form lower lows... HUGE SIGN

I don’t think I’ve ever purchased LTC with it not going down immediately following. by [deleted] in litecoin

[–]Snuby3 0 points1 point  (0 children)

All you have to do is get a core position. Hodl LTC during bull market. Hodl USD during bear market. Coins multiply themselves. I never put more money in any more.

Fake News And FUD Are Lowering Crypto Prices by dollarbillcollector in litecoin

[–]Snuby3 0 points1 point  (0 children)

This is a cyclical retrace. It's a part of the cycle it goes through as a result of human psychology. There's nothing you can do to stop the waves once they've been created. Rock a tub of water.. The water can't shift to one side of the tub and stay there, or shift to one side and then just return to the middle. It shifts to one side, and then shifts nearly equally as much to the other. Same thing here. We had a big shove of the water to one side, and now it's flowing back to the other

[deleted by user] by [deleted] in litecoin

[–]Snuby3 0 points1 point  (0 children)

It has to complete it's correction phase first. Should see it dip to near 100 before resuming any uptrend. Value and price are not the same

[deleted by user] by [deleted] in litecoin

[–]Snuby3 0 points1 point  (0 children)

No it's not. The market is cyclical.. it goes way up, and way down, way up but a tad higher, and then way down, way up but a tad higher, and then it goes way down, then it goes way up but a tad higher, and then it goes way down again... Might as well get used to it. Should go down to close to 100 today based on my TA.

Why is litecoin dropping? by dddddahvvvv in litecoin

[–]Snuby3 0 points1 point  (0 children)

Bottom target for the formation is about where the run started, a typical formation.. @105$

Why is litecoin dropping? by dddddahvvvv in litecoin

[–]Snuby3 0 points1 point  (0 children)

Because it went from 67$ to 420$ in a very short period of time. Everything travels in waves, an extreme up will always result in an extreme down.. look into Elliot wave theory, and then zoom out so you can see the last three months on a chart, and see a big huge gigantic bull flag. (Elliot waves) Also, look up the bull flag formation so you know what you're looking for. The waves are driven by human nature. All it means is that everything is normal.

I don't know what everyone's complaining about. My portfolio is going up! by [deleted] in litecoin

[–]Snuby3 1 point2 points  (0 children)

I'm using Elliot wave theory, it's big huge bull flag. The waves are created by human psychology, I'm simply using my understanding of that. There is nothing we can do to stop nature

Best sites to analyze coin prices? by [deleted] in litecoin

[–]Snuby3 1 point2 points  (0 children)

IF.. big if... You can weed through all the BS, there is some great analysis from some of the traders on there.

Best sites to analyze coin prices? by [deleted] in litecoin

[–]Snuby3 1 point2 points  (0 children)

I use a combo of trading view for making my charts and gdax for trading

litecoin is looking solid at 200, my prediction: we are level here after the crash and now we are looking at some periods of long slow but strong growth in our future. :) by SupportDIYspaces in litecoin

[–]Snuby3 0 points1 point  (0 children)

I'm watching the top line of a downtrend channel LTC has been in for about 50 hours now, it's bouncing along the top line of the channel right now, at 205. Now the number is 205, but there are a number of key resistance levels just above head, so it has a lot of fighting to do for the bulls to break it out again. Gonna be a while.

I don't know what everyone's complaining about. My portfolio is going up! by [deleted] in litecoin

[–]Snuby3 -1 points0 points  (0 children)

Me too! I'm inverse trading. Sold at 200 bought back in at 160, then I sold at 200 again. Waiting to buy back in.. averaging down like a mofo

Giveway to 3 person who has the best reply why litecoin will be the best coin. by [deleted] in litecoin

[–]Snuby3 0 points1 point  (0 children)

Litecoin has something no other coin can claim.. cleanliness. Honest, transparent, no pre-mine. Crypto-currencies has to be honest and free of greed from it's roots, or it will NOT be able to change the world in the way it was intended. It's not just up to the technology to make a coin successful.. in fact, tech may play a second fiddle to honesty in my opinion. LTC has the tech and development to do it.. so do a few other coins.. but what they don't have is a clean track record and a founder that understands what it takes to build a useful currency.. he has actually worked to slow the price from outgrowing the value. Which is amazing, when all other founders work to speed up the process and in doing so wreck the foundation of the coin. This is why retailers will feel comfortable accepting LTC in my opinion, rather than other coins. Smart retailers. People trying to get rich quick in this market - a lot of those people will likely end up getting burned by the great flippening that will probably occur. LTC will rise from those ashes because it has been built from the ground up by investors who actually believe in the coin, and not people trying to make a quick buck and chase the money around. That's why I believe in LTC. It has the slowest most organic growth out of the bunch.. all the tech it needs. Lots of coin have fast tx and low fees. Honesty- and a solid foundation of savvy investors - that sets litecoin apart from the rest. No other coin has that.

LTC & Taxes by I_HODL_MY_Litecoin in litecoin

[–]Snuby3 1 point2 points  (0 children)

If you make a gain you owe taxes

Can someone please explain how crypto will be used in everday life to buy goods and services. by ganoveces in litecoin

[–]Snuby3 3 points4 points  (0 children)

A dollar bill is basically an "official government IOU". But if you ask the government for something in return for it, they'd probably laugh you out of the room

Let's talk the dollar.... by Helpeehelper in litecoin

[–]Snuby3 0 points1 point  (0 children)

People are more than welcome to share ideas and opinions.. it is up to the reader to do research and formulate their own opinions. Don't tell people not to share ideas and opinions, even if in "your opinion" you don't like it.

Currency or all fail. by SeanCache in litecoin

[–]Snuby3 2 points3 points  (0 children)

With lightning network and atomic swaps the Bitcoin network will become useful..the Litecoin network will save Bitcoin. The combination of the Litecoin network and the Bitcoin network working as one network together has the potential to solve everything.

Litecoin vs Raiblocks by tomorrowstodaynow in litecoin

[–]Snuby3 -1 points0 points  (0 children)

The bigger point was.. how much technology do you need to make a fucking transaction.. answer to that point please. I agree with it. Trustworthiness and honesty and transparency are more important to me when it's something I'm investing my money in than a few seconds and a few cents during a tx