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RE: Litecoin in need of a correction
I'm speculating of course but I'm thinking we will see $60 this month since its being used as a safe haven and possibly over $100 by the end of this year. I think LTC will have a bright future and likely be $1,000 in a couple years maybe.
Those are pretty solid projections if you ask me.
I saw it going up at $31 and picked up a bunch, wondering if I should just hold forever now.
But when to buy again? Will we see below $40?
I think its gained stability around the new low of about$40 and seems to be trying to break through $50 to reach new highs. I don't see why it won't break through 50-60$ by the end of this month but I sometimes add to my position in the low 40's. Either way I'm hodling for the long term with ltc and have good feelings it will be widely accepted soon.