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RE: LITECOIN (LTC) is Re-Approaching the 0.618 Fibonacci Zone Which Needs to Hold as Support

in #litecoin7 years ago

Just keep an eye on the king,"Bitcoin." As long as you have some Bitcoin in your portfolio or own coins that can be exchanged for Bitcoin you should be fine. Remember, cryptocurrency is still in it's infancy. Also invest in interactive coins like Steem that always you to build your portfolio due to involvement with the network. Another coin like that may be Golem who permits you to rent out your computer hardware space for golem coins that can be later traded in for Bitcoin or Fiat at a higher value. Side Note: Exodus wallet supports Golem. Everything else in the cryptocurrency market is way to volatile for my buck!

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thanks. but i was more like. every coin that you 'watch' is going down. so i must keep away from the rest of them that you're also watching

Well yea they have gone down compared to the beginning of the year. I am not a day trader or short term investor like it seem you are. If you are a long term investor every coin I mentioned is up 100% from last year price so sorry for the confusion but these coins are excellent long term investments. Sell or stay away if you please. It will not affect the cryptocurrency market and it's annual upward pattern.

i'm in it for money. no deeper and profound reason for investing. i'm weak trader, so i lose now and then, but as you said. in the long run made it at least 100%

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