$LTC could break out cup qnd handle moment.... Added to strategy to capture gains
For the short/mid-term, I decided to increase our holdings in $LTC , it clearly appears to start moving and it's still at its all-time-low in BTC value.
On the mid/long-term I will aim to undiversify the CryptoChris strategy to be more focused on the big moves in top 20 coins.
So this is crypto ... $LTC pumped like crazy because Walmart accepted $LTC as payment option. It didn't pump only $LTC but everything. It turns out it was fake news. Now we are back again, dropping. Still having 7,5% $USDT ... Thank God, didn't FOMO into $LTC
Used TWAP purchase method as opposed to a faster method of swapping $LTC for $XRP, fortunately ripple has been teetering at resistance since the swap but it took a lot longer to complete than I would have liked and believe the timing cost us a few points. Regardless, ethereum is approaching all time high and the alt coin market is looking ready to follow suit, good times. Hope everyone has a wonderful weekend
Regardless of outcome XRP is not going anywhere and most fear selling has taken place already, if outcome is positive XRP will pump incredibly hard. Also fits in with current defi hype narrative better than LTC at the moment.
Looking at the charts, $LTC is the only asset among the top cryptocurrencies that has yet to breach previous all time high in USD. Some may see this as a fault but for us this is an opportunity. For anyone who has been here to witness previous cycles you know that all of the top coins greatly exceed their previous all-time highs, as of right now LTC is sitting under $200 and I expect returns in excess of 500%, as such I have increased our position in LTC to 19.3% and btc to 9.65%