CRYPTOCURRENCY - LITECOIN - WATCH ME HOW I PREDICT THE BOTTOM - REVIEW [hUV583NzSLu]
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Hi everyone. My name is Niko and here I drop my thoughts on cryptocurrency especially Litecoin. As everyone started talking about cryptocurrency and others seek information, I decided to make this video to explain my technical analysis and plan before I pick the entry. I also predicted almost the bottom after a pullback down. A week ago I was about to buy Litecoins around $50 level. I didn't realise that I should have funded my account a couple of days ago so I can buy the Litecoins at the moment when it was about to breakout. As I couldn't buy I decided to make this video and explain why Litecoin is setting for a breakout. I explain what I'm looking for when I want to buy. You can never pick the exact bottom but while you set a risk/reward ratio which I talk about in the video, you can still make money. I don't care if cryptocurrency is a hype or anything like that. I know for sure that you can make money. I don't think that Bitcoin will go to $500 000 as John McAfee said on TV, but it can for sure go to $10 000-$15 000. With cryptocurrency you should never buy and hold because it can fall down in every moment. What you can do is buy close to bottom, when it gets to an area that you think it's close to the top - you sell your shares and wait for a pullback down. What happend in late august is that everyone was on the hype and many people bought Bitcoin close to the top. Then they covered at the bottom, others were positive and held through the pullback down. But you can't do that because the next time that Bitcoins goes down, it may could never come back up.
I hope that you get the point I'm making here and understand what you should be looking for before you buy Litecoin.
Note: Sorry for the poor English. #where can i buy bitcoin #crypto casino no deposit bonus #mxc crypto