Posted: May 21, 2019 11:38 pm
by jamest
If I were to try and answer your original question OlivierK, I guess my response would be along the lines that there are just tooooooo many predictable fools out there who know nothing about technical analysis, preferring instead to use their heart/instinct to buy/sell. Further, I would add, there are also toooo many technical analysts out there all betting on the same horses. As I learnt from someone, technical analysis is a self-fulfilling prophecy. The number of them all betting on the same outcome as August 2015 is very high. Very, very high.

I'll be very surprised if there isn't a significant surge in the price of LTC within the next 6/7 weeks, but if it doesn't happen it won't be the end of the world as you can always sell it for a similar price.

There's the potential here for xxx% gains and only (realistically) x% losses. It's a no brainer.