Question - I bought Litecoin at a low price and at a higher price, both at higher prices that it is at today.. If it continues to drop like it has since the beginning of January should I sell all or half and buy again when it is is at a lower price than it currently is? I’ve only invested beer money not big money.
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the way i look at it...IF you have the money.....
if the price was right when you bought the first two times.. why sell? hodl it.
buy at the new lower price as well and hedge a little.
that being said.. know that LTC has a history of breakin hearts. I own it for Long haul purposes and with hopes it will follow its brothers BTC and ETH when they climb the ladder again.Last edited by systemnt; 02-01-2018, 11:28 AM.
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Originally posted by BonesandArrow View PostQuestion - I bought Litecoin at a low price and at a higher price, both at higher prices that it is at today.. If it continues to drop like it has since the beginning of January should I sell all or half and buy again when it is is at a lower price than it currently is? I’ve only invested beer money not big money.
If you drink craft beer and need a beer today you might consider selling half at what you've invested.
If you have enough beer or would settle for cheaper beer, I would hold what you got (except for the beer). If you comfortable going lower than what it is now, see what happens. You will probably be better in the long run and will have more and better beer. But I am a better beer adviser than a financial adviser so don't take my word for anything.
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Originally posted by BonesandArrow View PostQuestion - I bought Litecoin at a low price and at a higher price, both at higher prices that it is at today.. If it continues to drop like it has since the beginning of January should I sell all or half and buy again when it is is at a lower price than it currently is? I’ve only invested beer money not big money.
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Originally posted by BlackoutRam2500 View PostEverything I got is in USDT and that's where it's going to sit. Not even going to risk trying to get it over to coinbase again... that move cost me $200 yesterday because of fees and the drop in Bitcoin.
USDT scares me a little too with the inquires and such.
Sent from my iPhone using Tapatalk
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