so if you did short the market you made the Profit. Holding means make no profit and waiting on more profit. So maybe next week you could laugh a lot and buy back more ... Maybe not
I bought a big pile of FTC yesterday when it was sitting at .00037. Be interesting to see how high they can pump it today.
The ratio is just getting better and better for LTC holders. Goldpelican must be very happy, since he seems to be playing the ratios, treating BTC as gold and LTC as silver.
BTC dropped to half it's value I mentioned if there was a major turnaround I'd consider re-investing.
You are not alone. Yesterday I thought $10 was the ceiling for Litecoin, and moved some funds from LiteCoin to Bitcoin and sold a few for US$ to have some buy-back-in funds whilst waiting for the dump... which hasn't happened yet. For it to be bouncing off $20 is some rise. Selling it at ten and fifteen becomes a mite frustrating when it gets close to twenty the same day. Damn strange move, it started off like a pump and got legs at each dollar interval; now I think it's people trying to get in before the momentum dissipates. If it comes unstuck there will be some seriously shorn sheep out there.
Swapped some of my LTC to BTC last night at .015 (which I thought was a great rate). Swapped the rest this morning at .0207. Not for the faint of heart!
I am cautious about litecoin past $25 it is less than 30% of my crypto stack now after being about 80% for ages. I think a 0.025 trade in or there abouts is a good deal at the moment better than we have had on offer for a long time.
I have been following these charts for well over a year now. Its just my gut feeling on being over valued in a short term sense. Not long term at all I think it will still go better long term. Price on BTC-e has been getting very close to OKcoin which it normally doesn't and when I have seen that it does it drops back.