Litecoin drops under 40 EUR

in #cryptocurrency • 7 years ago

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Today Litecoin's value dropped under 40 EUR which is currently trying to climb back up. This should be taken as an example how volatile cryptocurrencies are and you shouldn't invest money into it that you can't afford to lose. It will be interesting on August the 1st to see how the Bitcoin fork (if it happens) affects Litecoin and other altcoins.

Also, I'm new to this community so hello everyone and thanks for reading!

#bitcoin #litecoin #altcoins #steem
7 years ago in #cryptocurrency by
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     7 years ago 

    it'll come back they all seem to retreat 60-80% on spikes which is fine. Manipulation is key here as it doesNY seem so pervasive as the stock market manipulation..

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     7 years ago 

    Welcome to steemit!
    Take seat and enjoy!

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     7 years ago 

    Thank you for your warm welcome!

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       7 years ago 

      Lets see what happens moving forward it will be interesting to say the least! Always there for the fun of such volatile instruments. Brings more heat to the game! Glad to see how other traders look at the markets.
      Keep it up ;)!

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       7 years ago 

      Its normal..whenever Bitcoin drops, most altcoins follow...Litcoin is a good coin