Litecoin at $160.13 on Dec 11, 2017
I remember driving home feeling on top of the world when I heard the news that #CharlieLee was selling all his LTC. I ask myself "Why would he do that?". To make it worst he thought LTC was going to $20. Crazy! Right? Looking back at it now, this was the biggest sign to take profits. From now on I am doing whatever Charlie Lee is doing. #BestPredictions twitter.com/...60192
Ok, sorry to spoil the party, but I need to reign in the excitement a bit...
— Charlie Lee [LTC⚡] (@SatoshiLite) December 11, 2017
Buying LTC is extremely risky. I expect us to have a multi-year bear market like the one we just had where LTC dropped 90% in value ($48 to $4). So if you can't handle LTC dropping to $20, don't buy! 😀