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[LutherKing]

On Seo 16 , Official Litecoin. account posted a deal news with words " Walmart set to accept Litecoin. "

This news saw litecoin pumped by 30% in less than an hour

While being tweeted by Walmart as " fake news "

It immediately made the market crash by more than 15% in just under 38 mins

Thanks ..

 

[Niftyicon]

Yeah, I saw that happened and didn't even know what made LTC pump so much in such a short time because it was very unusual, however, I hope some time in the future the fake partnership could become real.

 

[LutherKing]

Well Having Used it I Can Truely Saw When All Coins Move Up Ltc Moves Slowly And The Falls Badly Best Option Is Bch If You Invest In Crypto

 

[GoldenLady]

I learnt one lesson from this. Someone made enough profits without knowing of the news simply because he had set a sell order for 2x profits beforehand. I've also benefitted once using this strategy

 

[LutherKing]

Well But Someone Who Was Holding Had To Go Through -8% So Not A Good Sum Up Fr The Holders To Be Honest Actually In My Opinion ..

 

[SCAMEXPOSER]

Cryptocurrencies are very sensitive to news from very reputable organisations and that is why if you see any coin growing try as much as possible to know why and the people behind the two groups so that you know want to do.

 

[Wisdom01]

The litecoin team should have verify the deal before making it public , because this would indirectly affect the coin as people would lose trust in investing in the coin

 

[SCAMEXPOSER]

The litecoin team should have verify the deal before making it public , because this would indirectly affect the coin as people would lose trust in investing in the coin

It is very possible that the news did him broke out from litecoin team but most of this online media outlets that I always sorting out for news.

 

[Wisdom01]

It is very possible that the news did him broke out from litecoin team but most of this online media outlets that I always sorting out for news.

Maybe but post said that the news was directly from the official litecoin team page ,then that means it was not from any online media

 

[SCAMEXPOSER]

Maybe but post said that the news was directly from the official litecoin team page ,then that means it was not from any online media

I just checked the news again I think litecoin developers should have had everything sealed and stamped before making such declarations publicly.

 

[Wisdom01]

I just checked the news again I think litecoin developers should have had everything sealed and stamped before making such declarations publicly.

Exactly they might have lose some people trust ,but hopes they don't do such thing again after seeing the negative effect it caused on the coin

 

[Brain]

I learnt one lesson from this. Someone made enough profits without knowing of the news simply because he had set a sell order for 2x profits beforehand. I've also benefitted once using this strategy

Yeah this is the benefit that comes with this setting strategy you can benefit or loss depending on your setting but it is always a huge profit if it favors one.

 

[Wisdom01]

Yeah this is the benefit that comes with this setting strategy you can benefit or loss depending on your setting but it is always a huge profit if it favors one.

I think most times things dosent work as expected at times technical analysis can come into place and make the price fall ,that's why before placing order after seeing a news that could pump the price ,I will first do my analysis

 

[Brain]

I think most times things dosent work as expected at times technical analysis can come into place and make the price fall ,that's why before placing order after seeing a news that could pump the price ,I will first do my analysis

Analysis is very important before taking the leap. It will help one avoid a loss that will hsve been avoided right from the start but one didn't take good notice of. I do my analysis too before plunging

 

[Wisdom01]

Analysis is very important before taking the leap. It will help one avoid a loss that will hsve been avoided right from the start but one didn't take good notice of. I do my analysis too before plunging

It's very important ,so many traders are in loss , because they majorly focus on technical analysis , without checking other analysis to carry out their trade