Back on July 9 I wrote about Vertcoin as a speculative play alongside a longer-term play in Litecoin, which I’ve written about here and here.
At the time Vertcoin traded around $0.47.
The reason I liked Vertcoin as a speculative play was line from Litecoin’s roadmap. Back in July I wrote:
Here’s the key line, and keep in mind Litecoin already has SegWit and is testing the Lightning network.
Work on cross chain atomic swap between Litecoin and Vertcoin.
Atomic swaps are big. They’ll create interoperability between bitcoins and altcoins. And the testing ground will be Litecoin and Vertcoin.
So when SegWit went live on bitcoin on August 24 it was not only big news for bitcoin, but Vertcoin as well.
At it’s high Vertcoin reached $1.17, up 149% from my original prediction.
As you can see from the chart above VTC now trades around $0.92, still up over 100%.
So the question is, do we buy, sell or continue to hodl?
Me, I’m hodling for now.
When the first atomic sway is completed, and the news it out, that will be the time to take some profits.
What are you doing with VTC?
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