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RE: Update 3 for Litecoin (Prediction #15) Target $360 Expected date before 30 April 2018

in #litecoin8 years ago

Hey:)
Great for your TRON gains! Yes, I agree that when the alts grow, they outgrow bitcoin. But when they fall, they also fall harder, generally speaking. I was only trying to find a safe heaven coin (excluding Tether) cause I knew a big correction was coming, but couldn't do much but buy bitcoin, litecoin, ethreum, etc - the coins I believed would fall the less. I also didn't want to sell coins to euro yet as I wanted to postpone paying taxes for the next year. Luckily, I found some coins that might work in the next big correction - DigixDAO being one of them.
It might be wave 3 for Verge, let's hope so!
As for ''the big picture'', I personally don't think that the ECB can keep the interest rates this low for much more time. In short the economies in the EU are very different one from another (for example Germany and Greece) and using a single currency creates many troubles. Actually I still believe that it will be most probably Europe where the next economic crisis will start from. This also coincides with the computer models of Martin Armstrong (if you haven't heard of him it might be worth checking him) according to which the collapse of the EU begins at the end of 2018. I am not saying I believe in his models blindly, but since I also see instability within the EU financial system, I am a bit more cautious.
It is best to be diversified - that's what every prosperous investor is saying - own some gold and silver, some land, some cash, some stocks, some bitcoin (or TRON:), a property, etc. This has been one of my goals for the last 3-4 years - to own a little bit of everything. Cheers!