Don't forget your Litecoin!

I'm going to put a little bit of extra fiat into Litecoin this week and see how it goes. The market has been falling asleep for about 2 weeks, while the network has been poked a few times with people using it to quickly and cheaply move their funds onto and out of exchanges. Remember that volume is a key driver of price, so if the market for bitcoin and the like is choppy, litecoin will be there for those seeking refuge from that volatility. This is only my theory and so I could be proven dead wrong quite quickly. I'm prepared for this as my portfolio is quite small :D

Kommentar:

I'll be thinking about a rebalance on january 3rd, with a price around .01720000

Below .01690000, I guess I'll be in it for the long haul. :P

Kommentar:

Some fancy lines to visualize my prediction:

www.tradingview.com

Kommentar:

Image didn't post, see below.