Once I believed in Litecoin.
I thought: Trump will come, and LTC will be at the top. But the market is not a stage for political forecasts. It has its own ideas. And, as it turned out, they do not always align with our dreams.
LTC... a coin like the Titanic — beautiful, confident, but for some reason, it's sinking again.
Today it was $129. Now it's already $120.
Who knew? And those who went short — they knew. Short is on the hook, but... the fishing rod hasn't been pulled out yet 🎣
And still, despite all this — LTC allows for profit.
It moves clearly, predictably.
Long? Sure.
Short? Absolutely.
Because of it, many nerves have burned out, but it is precisely this that gives a chance to recover the losses... with profit.
So is it worth shorting?
Yes. But only if you are ready — not just to enter the trade, but to pull the rod with a catch.