RE: ATTN ALL CRYPTO NEWBIES! LETS BE FRIENDS!
I am a newbie as well, did a lot of reasearch for the last four weeks! Just loving the whole crypto-world! (since i have spent many years on stock markets) I did some small deposits just to know how things function.
I just postet a, in my opinion really helpful video ( just shared) about how to do good research on coins in general. I do some newbie to newbie stuff as well. Maybe we can help each other. (Following you)
I am still looking for the right time to change my fiat into BTC. In my opinion it should be right before August because the uncertainty will be on its peak. After whatever they do with the bitcoin blockchain it is going to encourage new buyers in the crypto markets (don't think BTC is going to be worse than before). Think i will get a decent amount of BTC end of this month. So in conclusion i would not keep lightcoins until end of this month, before whatever happens to bitcoin.
If you feel i am totally on the wrong track or you have another point of view please let me know. Would be proud to eventually get new followers as well because it encourages me to share my jurney into cryptos - newbie to professional - with you guys!
no I totally agree, they will know whats going to happen to btc before it actually happens, btc is very powerful and is the #1 name brand in the biz, If they get things to work out atleast ok it'll be v good for btc, and you can see how much the price jumped when segwit was activated on ltc, there will be big hype if things look bright
nice to meet you whizz! I have followed you back as well!
so youre saying dump whatever litecoin we have before august 1st? you dont think BTC will go downwards once segwit gets activated?
I do definitely see great potential in lightcoin. All pros do recomend it for the long term investment. Nevertheless i couldn't get (think the is nothing) any information about what could be the changes at BTC blockchain. As far as i know ltc rocks because of their "clean" and fast blockchain. What if BTC is going to be as fast in the future? Will ltc has its "be there authorisation" ?!
Just my thoughts on it. May be wrong...
I understand what you're saying... if you were in my shoes with 50% of your portfolio in litecoin, what would you do before August 1st?
I am afraid to advice you to do this or that... like i toled you i am a newbie, but i would look for a kind of stable crypto (steem😉) with no segwit, until things relax.
On the other hand segwit could be a temporary boom and most pros do recomend to get into ltc.
Sorry for not beeing specific on your question, but if we knew what is going to happen the market would skyrocket.
basically I do agree with you but I think litecoin has really good potential too, its a good hedge against btc and businesses from what I've read, prefer ltc.
I plan on holding my LTC as well... just curious to hear the other side too? There seems to be a TON of loyalty when it comes to BTC... and most who are loyal think BTC will never be touched. But even David fell Goliath...