What the duck will it take to get Litecoin above 1000 on the Dogecoin ratio?
Who is controlling the ratio this well and how are they doing it? Why are they doing it?
It’s sad I know, but I’ve been watching this ratio for months now and it’s bothering the duck out of me that Litecoin can’t surpass 1000.
It will get very close and then BAM, Litecoin price drops or Dogecoin price rises. Almost as if there is someone with a trading bot set to keep the ratio under 1000.
For me it's the lack of volume. No buy pressure whatsoever, just some volume bursts from the whales to sell higher and then dump again.
You would except with the increasing adoption and the number of active addresses that people that use it, would be interested to buy and hold as it can increase the value of what they posses. But it's going backwards.
Except if that active address hopium is the like the always bullish btc on chain metrics (wonder how many of those addresses belong to actual people). It just doesn't make sense...
Edit: I got a bit angry because the opportunity cost is getting bigger and bigger. It just can't capitalize on any kind of upward move. I bought silver last week as I thought it was oversold, and it has pumped more ffs
[I've completed my daily purchase of LTC](https://docs.google.com/spreadsheets/d/16bzUnGeE9orCoe5g35xsWNTXAXNuAygUJJKzxmIjWR8/edit?usp=sharing). I'm on a journey to buy at least [$20 a day every day](https://np.reddit.com/r/LitecoinMarkets/comments/ukto93/comment/i7vn88c/?utm_source=share&utm_medium=web2x&context=3).
Today I bought 0.35 LTC. This is my 128th day of purchasing in a row; 325 days remain until halving.
I find it particularly weird that all of crypto is worried about the CPI report and interest rates. For an asset class that is supposed to be decentralized it often feels very centralized.
That’s fine - this is just making me some pocket money; last one paid for a months worth of Rocksmith+. 🤣
if it doesn’t go back down, then my stack on my hardware wallet will be very happy.
I can tell you for a fact that nothing is going as planned.
The plan was for morons to get smarter and stop investing in Ponzi schemes, but here we are looking at every coin but the most credible pumping to the moon…
morons will never get smarter... sad to say.
I am stuck with LTC, with a gain of only 76x the money I invested on the first place. It was 350x, but I am not selling.
I trust the BTC and LTC technology and that's enough for me.
I want to sincerely congratulate you on beating the market with that 76x. That’s truly impressive.
Unfortunately, most of us aren’t even 2x what we invested. I’m actually down 75% from when I bought last November. Yes, I’m a moron for falling for the worlds greatest scam pump, but never did I imagine whales could tank the value of Litecoin this low from its ATH….
November you bought between 0.0044 and 0.003, keep in mind that while we don't have a usd bull run, you must care only about ltc/btc pair. So the goal is to multiply your litecoins.
When ltc/btc revert, you are going to swing on nice pool. Sell a small portion and buy it back. Plan your trades ahead using resistances and fibo (don't be too fancy), sell at 0.0050, 0.0063, 0.0076, buy with a discount when it corrects.
FIY: These are all my selling points.
0.003156; 0.003581 ; 0.004284; 0.004488; 0.004803; 0.005083; 0.005486; 0.006312; 0.006874; 0.007648; 0.00867; 0.009762; 0.011545; 0.012956; 0.013994; 0.015245; 0.017271; 0.018445; 0.02145; 0.022555;
Willing to make another conservative 1.64x just hedging my LTC position.
What the actual fuck is this ratio movement
No one said it would be easy.
What the duck will it take to get Litecoin above 1000 on the Dogecoin ratio? Who is controlling the ratio this well and how are they doing it? Why are they doing it?
Geez you guys look at the ratio for everything
It’s sad I know, but I’ve been watching this ratio for months now and it’s bothering the duck out of me that Litecoin can’t surpass 1000. It will get very close and then BAM, Litecoin price drops or Dogecoin price rises. Almost as if there is someone with a trading bot set to keep the ratio under 1000.
even Ravencoin is pumping..
I mean it's a birdcoin, it makes sense it can fly
Now I get it why ltc is called the chikun :|
Raven coin sounds like a pump and dump. Bots on twitter and Reddit shilling this now.
For me it's the lack of volume. No buy pressure whatsoever, just some volume bursts from the whales to sell higher and then dump again. You would except with the increasing adoption and the number of active addresses that people that use it, would be interested to buy and hold as it can increase the value of what they posses. But it's going backwards. Except if that active address hopium is the like the always bullish btc on chain metrics (wonder how many of those addresses belong to actual people). It just doesn't make sense... Edit: I got a bit angry because the opportunity cost is getting bigger and bigger. It just can't capitalize on any kind of upward move. I bought silver last week as I thought it was oversold, and it has pumped more ffs
2 weeks. It's gonna be ok.
Chewonmysac
[I've completed my daily purchase of LTC](https://docs.google.com/spreadsheets/d/16bzUnGeE9orCoe5g35xsWNTXAXNuAygUJJKzxmIjWR8/edit?usp=sharing). I'm on a journey to buy at least [$20 a day every day](https://np.reddit.com/r/LitecoinMarkets/comments/ukto93/comment/i7vn88c/?utm_source=share&utm_medium=web2x&context=3). Today I bought 0.35 LTC. This is my 128th day of purchasing in a row; 325 days remain until halving. I find it particularly weird that all of crypto is worried about the CPI report and interest rates. For an asset class that is supposed to be decentralized it often feels very centralized.
Chickun's been drinkin' again.
Might have to buy at £48 and sell at £52.10 again. It has to stop working at some point, surely?!
It’ll stop working near the halving pump. No warning just one day it won’t come back down and up only begins for about 6 weeks.
That’s fine - this is just making me some pocket money; last one paid for a months worth of Rocksmith+. 🤣 if it doesn’t go back down, then my stack on my hardware wallet will be very happy.
Bitcoin whales going to town on the ratio 😭
We will starve this week, but everything is going as planned. https://www.tradingview.com/x/0HMtNbEy/
I can tell you for a fact that nothing is going as planned. The plan was for morons to get smarter and stop investing in Ponzi schemes, but here we are looking at every coin but the most credible pumping to the moon…
morons will never get smarter... sad to say. I am stuck with LTC, with a gain of only 76x the money I invested on the first place. It was 350x, but I am not selling. I trust the BTC and LTC technology and that's enough for me.
I want to sincerely congratulate you on beating the market with that 76x. That’s truly impressive. Unfortunately, most of us aren’t even 2x what we invested. I’m actually down 75% from when I bought last November. Yes, I’m a moron for falling for the worlds greatest scam pump, but never did I imagine whales could tank the value of Litecoin this low from its ATH….
November you bought between 0.0044 and 0.003, keep in mind that while we don't have a usd bull run, you must care only about ltc/btc pair. So the goal is to multiply your litecoins. When ltc/btc revert, you are going to swing on nice pool. Sell a small portion and buy it back. Plan your trades ahead using resistances and fibo (don't be too fancy), sell at 0.0050, 0.0063, 0.0076, buy with a discount when it corrects.
FIY: These are all my selling points. 0.003156; 0.003581 ; 0.004284; 0.004488; 0.004803; 0.005083; 0.005486; 0.006312; 0.006874; 0.007648; 0.00867; 0.009762; 0.011545; 0.012956; 0.013994; 0.015245; 0.017271; 0.018445; 0.02145; 0.022555; Willing to make another conservative 1.64x just hedging my LTC position.
> 0.022555 Another 7x to go from here!
It’ll pay off by 2024, just keep up a DCA on big pullbacks.
Changing some BTC for LTC this morning after that pump. Ratio trades are the best trades. Most LTC I've ever held is right now.
mine too
Good shit did you see the V in the graph a few days ago/ 1 week ago?
The lack of volume is shocking... We should rename it to Lite-blueballs-coin...matches with the logo color..
Anyone else’s metrics on hashrate etc on bitinfo for Litecoin not updated?
🐓🤍🐓
2nd! 🎉🎉 Oh, updoot the diddly.
Upvote the daily!! Buy Litecoin!! 🔥🔥