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RE: LTCUSD - Technical Analysis November 3, 2017 - Current price $55.03
I mean you could sell it now and see a ROI but I think you'd be missing the forest for the trees.
Most people conservatively advise you not to invest more than you are willing to potentially lose, bitcoin is still an ongoing experiment the likes of which the world has never seen. Personally I would not recommend investing in bitcoin with less than a 5-10 year time horizon and go into it on the understanding that it will either be worth a multiple of its current price or nothing at the end.
Oh none of what i gave is a sell recommendation per-se, it's a trade setup. Investors HODL. Swing and day traders move in and out and have zero affinity for any wealth generating vehicle.It is extrmely important that people understand the difference. Unfortunately most tend to set out as a trader and don't when to take a loss and become investors, they pray.