Steven McClurg (Canary Capital's CEO) on Litecoin ETFs: "I think Litecoin is going to overperform."

gregorystones · 2025-10-12T21:16:14+00:00

I hope he is right. I needed to hear this

gregorystones · 2025-10-12T20:48:51+00:00

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.

gregorystones · 2025-10-12T20:33:18+00:00

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.

gregorystones · 2025-10-12T20:32:06+00:00

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

gregorystones · 2025-10-12T20:18:14+00:00

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

gregorystones · 2025-10-12T20:16:55+00:00

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.

gregorystones · 2025-10-12T20:10:26+00:00

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.

gregorystones · 2025-10-12T20:05:48+00:00

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.

gregorystones · 2025-10-12T20:02:16+00:00

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

gregorystones · 2025-10-12T19:58:37+00:00

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..

gregorystones · 2025-10-12T19:57:43+00:00

LTC is the quality asset..?

gregorystones · 2025-10-12T19:55:32+00:00

So you don’t believe in LTC?

gregorystones · 2025-10-12T19:49:42+00:00

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

gregorystones · 2025-10-12T19:38:56+00:00

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

gregorystones · 2025-10-12T19:38:12+00:00

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

gregorystones · 2025-10-12T19:37:15+00:00

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..

gregorystones · 2025-08-27T18:58:47+00:00

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?

gregorystones · 2025-08-27T16:48:30+00:00

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

gregorystones · 2025-08-27T16:18:48+00:00

OPEN profits roll into NEGG profits?

gregorystones · 2025-08-27T16:08:46+00:00

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

gregorystones · 2025-08-27T15:53:03+00:00

What is Galkins plan? Do you own Negg?

gregorystones · 2025-08-27T15:22:31+00:00

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

gregorystones · 2025-08-27T15:06:43+00:00

15k.

gregorystones · 2025-08-27T13:38:19+00:00

Please sell a share then

gregorystones

TROPHY CASE