Quote:
Originally Posted by face
i'm just waiting for a major drop(it happens in these markets from time to time) i'm not sure whether to get into litecoins at around the 25-30 dollar mark or hold out until by chance they get into single digits. My mistake with bitcoins was avoiding peoples advice when they were at the 25-50 dollar mark but my issue with litecoins is they new found high could be short lived as its only been a month. Its pretty high risk in a high risk market already
|
The litecoin market is massively affected by China right now too. Price drops when China sleeps and rises when its awake. I agree with the risk factor. It's such a brand new market no one really knows how it will perform. That's part of the appeal for me.