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RE: Founder of Litecoin, Charlie Lee, sells all his LTC. Buy the Charlie dip?
Hi Nathan,
(I made it here, yay!)
I think after the dust settles, LTC might make a bounce back.
It's a good coin to utilize for exchanges, yes? That's what I've read, but I am a newbie, so I have more questions than answers at this time.
Cheers!
The reason I love LTC is that it is so easy to transact with compared to other coins. It also is the only coin I know of that is already set up for the Lightning network (instant no-fee transactions) and atomic swaps (instant swapping into other crypto). Some are saying BCH is going to become the dominant coin for transfers but I still think the community and technology for LTC make it very attractive. I'm a buyer and HODLer.
I am reviewing the various exchanges out there and I am not sure how my coins will travel to and fro, Bittrex is not accepting new accounts, and well, after what happened at Coinbase last night, I am going to have to do more research. I have time because I am waiting for the hard wallet, I'm not making one single transaction without one. After all of that has been worked out, I will buy LTC because I think it will be a good coin to invest in. I remember a few weeks ago, you suggested on air for viewers to consider buying BitCash, nice call! I hope you took your own advice. :)