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RE: Litecoin Founder Cashes Out, Sells Entire Stake After 9,300% Rally
Wow. You cant stand the guy so you didnt buy a coin that ended up over 9300% on the year?
You think letting personal feelings getting in the way of the course of your investing is a good idea, especially when said guy is one of the brightest people in the blockchain/crypto realm.
As Litecoin is technically Bitcoin: Will it under heavy load not also be WAITCOIN as Bitcoin is? Maybe he knows this well. And is modest and cashes out early.
Everybody is entitled to their opinion. There are plenty of projects, so if you don't like the project leader, you should not invest. You are right in general that emotions are bad for decision-making.
I am not after coins that pump and don't hold gains or that will not be around in a few years. Its just never been clear what advantage LTC has. I have nothing against Litecoin. In fact, transactions have really been picking up in LTC. % gains are still better in ETH up over 10,000% but yes LTC has done well in price terms but I am looking longer into the future with Blockchain 3.0 taking over.