Decode on Nostr: Conceptually, I like #Litecoin a lot, but it faces 6 years of underperformance vs ...
Conceptually, I like #Litecoin a lot, but it faces 6 years of underperformance vs other assets that have delivered much more. So when #LTC does run it will run hard, as the 'dinosaur coins' narrative takes hold. But a wall of immense sell pressure waits as trapped holders escape.
Published at
2023-05-11 11:14:18Event JSON
{
"id": "73d47b5c3156df2b80d7242e05bd2a282ccb6ecf021135855ec565decf8ec3cf",
"pubkey": "d0e5724689479a152261236c6049922766ff0dc54ab673eef2fc27b92edbe952",
"created_at": 1683803658,
"kind": 1,
"tags": [
[
"t",
"Litecoin"
],
[
"t",
"LTC"
]
],
"content": "Conceptually, I like #Litecoin a lot, but it faces 6 years of underperformance vs other assets that have delivered much more. So when #LTC does run it will run hard, as the 'dinosaur coins' narrative takes hold. But a wall of immense sell pressure waits as trapped holders escape.",
"sig": "b3f23b795c98bae021bb65e12bd4d78421db276013d4f0a6a6d234eab3aba202bb44cdeafc7b428b8378ee0a00dd420f8c54f924a8ad597941b143d1994245f7"
}
