Litecoin LTC will be having an airdrop of Litecoin Cash which the developer of Litecoin labeled as pure scam and at this point we are of the same thinking.
We are personally staying away from this trade. We do have Litecoin in our portfolio, but will not be adding on due to this airdrop - ETC airdrop is much more important then this.
Do not invest what you can't afford to lose. We are not you financial advisors, if you don't know that already!
交易進行
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High Risk trade activated - enjoy this
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Target 1 reached
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Retraction point is achieved - trade must be changed to long term
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As we get closer to airdrop, price actually goes down... interesting ha? That's because this is a 'scam' airdrop which means that people will not value Lite Cash therefor we will be moving into medium to long term trade
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RSI indicates neutral or slow movement
MACD indicates possible move up within 12 - 16 hours
what bull run 0.02369 on bittrex but at binance 0.0249999 that 300 BTC wall zone uooo was very heavy
woldon
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Not entirely in agreement. I believe the announcement of the airdrop actually had a negative effect on the Litecoin price. The promising future for Litepay resulting in a growing demand for Litecoin are what attracted me to invest in Litecoin.
CryptoManiac101
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@woldon, Yeah, announcement of airdrop on same day as 'promising future' announcement, like no one before knew that Litecoin had a future with its fast and near 0 fee transactions?