Cryptocurrency chat

[Chris]

Firmly holding on to my LTC, mainly because I’m down a fair bit right now... all part of the fun though!!

Strategic buddy lol!!!

 

[AmosMoses]

We all good, was down 44% yesterday AM, currently at 27% down. Scooped up some cheap LTC during the crash so i'm not too worried HODL tight people!

 

[DS197]

An absolute bloodbath but that's just the nature of cryptocurrencies. Looking back at price charts for Bitcoin this isn't anything new and the market is set to pick up again. Crashes can be both a blessing and a curse depending on how much you believe the technologies behind the currency you've invested in will succeed/improve as some people sell off in a panic whilst others take the opportunity to buy cheap which is what I did. You only make a loss when you sell, so hold tight and you'll be glad you did!

 

[Rishi]

I had a small amount of LTC and ETH tucked away but decided to exchange to BTC and XMR (Monero). As far as I know Monero is the only truly anonymous/untraceable cryptocurrency so think it should only become more popular, as should Bitcoin as most people buy Bitcoin before exchanging for Monero.

 

[DS197]

Omisego reaching nearly $20. Not bad for a short term investment but even though i've got no plans to sell anytime soon, I can't stop looking at the price

 

[jamesgw200]

litecoin is back up, with litepay to be announced at the end of this month..

 

[AmosMoses]

Litecoin is performing really well this week, XRP and XLM have been pretty stagnant for 2 months now. Weird place crypto is in right now, it all doesn’t make sense!

 

[DS197]

Bitcoin going up and bringing everything else up with it. Anyone buy into the dip?

 

[AmosMoses]

Bitcoin going up and bringing everything else up with it. Anyone buy into the dip?

Yep, got 2 litecoins for an avg buy of £108. My portfolio is only 11% down right now!

 

[DS197]

Yep, got 2 litecoins for an avg buy of £108. My portfolio is only 11% down right now!

Pretty good going! Did you DCA or buy whole coins? Thinking about selling off anytime soon or are you holding for the long term?

 

[AmosMoses]

Pretty good going! Did you DCA or buy whole coins? Thinking about selling off anytime soon or are you holding for the long term?

Straight up DCA, had litecoins before and sideways traded them for XRP and XLM. I’ll be holding till at least Q4 then see where it goes!

 

[jamesgw200]

wish i had the money to buy more.