What does LTC mean by this, bros?

Correction after hype buy
Good entry point if you want to get in

>>2066281
yep. I bought some because I felt it's undervalued right now.

>>2066293
especially if BTC tanks soon, LTC could become people's safe haven.

>>2066295
Why would BTC tank?

>>2066336
It surprises me every day how little you people actually think about your investments. It seems most of you are just shills/retards who purchase on a whim.

Regardless, BTC has been doing so well because the whole market has been. People move their altcoin gains into BTC as a 'safe haven'. Once people start realizing that BTC is severely over valued they will move their BTC into altcoins again driving down the price of BTC.

I'm not a believer in the "the market is tied to BTC, if it moons so will X/Y/Z coin" I find this thinking ridiculous. Personally what I think we are seeing is an across the board pump and dump by some high end investors.

There's still money to be made but for the time being I've transferred all my coin to a few stable ones because I don't trust this current market over-hype.

>>2066348
This.
Yesterday I sold my 28 LTC bought @10€ for ETH @80,50€.
I should sell on wednesday, but shit happens.

Holding LTC, am I fucked?

>>2066384
Nope, in fact keep holding

Bought at $31.80 before it went up to $38 and I got greedy waiting for it to hit $40 which of course it didn't.

I'm not comfortable holding LTC though, I want back in to ETH and its assets (90% of my portfolio is in ETH) before it moons because that's what I'm most confident about.

what do?

>>2066281

What is even the point of buying LTC?

It's just a residual of the BTC market and will follow it.

>>2066348

>I'm not a believer in the "the market is tied to BTC, if it moons so will X/Y/Z coin" I find this thinking ridiculous

Except the years of evidence and direct correlation...

BTC provides the market with liquidity, since that is the main avenue for fiat, and also extracting profits.

>>2066638
>What is even the point of buying LTC?

uhh maybe the fact that it's objectively a superior product that's in direct competition with bitcoin? I know the better product doesn't always win, but it's by no means stupid to bet on the one that is better.

Does anyone know when lightning goes into effect?

>>2066798
would also like to know this.
it's a long way behind Raiden right?