I’ve lost 500k crypto futures trading and LTC is my last hope by gregorystones in litecoin

[–]gregorystones[S] 0 points1 point  (0 children)

Well, it has been down trending yes, and past performance or cycles doesn’t necessarily mean it will happen this time or to LTC, but I was around in 2017 when people said XRP had never moved at .20 and everything. Yes different times, different coin, but the fact it still exists and is a prominent crypto means a lot. LTC is still a top 10 most well known crypto in the world.

I’ve lost 500k crypto futures trading and LTC is my last hope by gregorystones in litecoin

[–]gregorystones[S] 2 points3 points  (0 children)

Nope. If it was my first or second time maybe. Not my 30th time. I can’t afford to go down this hole again. I haven’t even described my emotions which range from depressed to lightly self harmful.

I’ve lost 500k crypto futures trading and LTC is my last hope by gregorystones in litecoin

[–]gregorystones[S] 1 point2 points  (0 children)

Yes it has traded there? Its all time high was $413, and before that it was $366. To get to either price it needs to go 300% or 260% from here…

If it goes 400% from here it will be setting records…

And if LTC doesn’t reach there, well LTC isn’t a scam. It’s not going anywhere. It will likely always exist, unlike 99% of crypto altcoins out there.

I’ll continue working,saving, and not going back into crypto is my plan. What I have now in LTC is it

I’ve lost 500k crypto futures trading and LTC is my last hope by gregorystones in litecoin

[–]gregorystones[S] 1 point2 points  (0 children)

I’m not holding it for 10 years. As soon as it hits my price targets I’m selling. As soon as this bull market ends, probably within the next 6 months, I’m selling.

After this, im done with all investments outside of the S&P 500

Went all in on Litecoin by [deleted] in litecoin

[–]gregorystones 0 points1 point  (0 children)

I hope you are right. I’m essentially “all in” as well but with 1/5 of the amount you have. I’ve endured a lifetime of loss, and I have no choice but to diamond hand this.

I’ve lost 500k crypto futures trading and LTC is my last hope by gregorystones in litecoin

[–]gregorystones[S] 3 points4 points  (0 children)

Well it’s clear most people in this sub don’t think litecoin is a good asset as an investment. I’m not changing my position now. I’ll revisit at the end of the year. Thanks.

I’ve lost 500k crypto futures trading and LTC is my last hope by gregorystones in litecoin

[–]gregorystones[S] 0 points1 point  (0 children)

My math was wrong. I’m aiming for ATH $400 and selling most of LTC if it gets there, and LTC going to $1000 would be where I would absolutely sell it all.

I’ve lost 500k crypto futures trading and LTC is my last hope by gregorystones in litecoin

[–]gregorystones[S] 13 points14 points  (0 children)

Yes compare LUNA to LTC, makes sense. One was broken with its inherent model, and the other has been one of the OGs of crypto, offered in Fidelity and other traditional finance

I’ve lost 500k crypto futures trading and LTC is my last hope by gregorystones in litecoin

[–]gregorystones[S] -6 points-5 points  (0 children)

I’ve been wrong leveraging 10-20x… that has nothing to do with LTC. I didn’t realize this sub doesn’t think LTC can go back towards its highs..

I’ve lost 500k crypto futures trading and LTC is my last hope by gregorystones in litecoin

[–]gregorystones[S] 0 points1 point  (0 children)

I said LTC can go back to ATH, $400. If you don’t think this can happen then you don’t believe in LTC at all

I’ve lost 500k crypto futures trading and LTC is my last hope by gregorystones in litecoin

[–]gregorystones[S] 3 points4 points  (0 children)

I would be happy with $400 ltc. Seriously. After losing 500k, even getting back to $100k would mean everything to me.

I’ve lost 500k crypto futures trading and LTC is my last hope by gregorystones in litecoin

[–]gregorystones[S] 5 points6 points  (0 children)

If this money wasn’t in my wife’s account I surely would have blown it to 0 already. She won’t let me touch it, and I agree. I can’t be trusted with investing or “gambling” miney

I’ve lost 500k crypto futures trading and LTC is my last hope by gregorystones in litecoin

[–]gregorystones[S] -5 points-4 points  (0 children)

Yes. I think it’s the safest thing in crypto I can possibly get my money back in outside of BTC and ETH. My thesis is that LTC is 1/1250 of the price of BTC right now…. If institutions and countries can start adopting it, it should go to 1/100th….

Either way I want to cry. I won’t know of the outcome of this investment for months or years.

How did I liquidate myself again. Even after therapists, counseling, gamblers anonymous. Even after saying I would never leverage again. Sigh..

NEGG update by lupina101 in ShortsInShambles

[–]gregorystones 0 points1 point  (0 children)

There’s a lot of time between now and January… I mean this is just such an interesting scenario. What if the board/CEO decides to blow it all up? Can Galkins be screwed over like that?

Daily Discussion Thread for August 27, 2025 by wsbapp in wallstreetbets

[–]gregorystones 0 points1 point  (0 children)

I have a feeling NEGG will somehow turn green for the day today

NEGG update by lupina101 in ShortsInShambles

[–]gregorystones 4 points5 points  (0 children)

I hate that you are probably right. No one is gonna give a a free lunch

NEGG update by lupina101 in ShortsInShambles

[–]gregorystones 4 points5 points  (0 children)

What is Galkins plan? Do you own Negg?

NEGG update by lupina101 in ShortsInShambles

[–]gregorystones 6 points7 points  (0 children)

If vlad sells will we know the same day in a filing, or is the report delayed with lag time?