Personally I'am supper thrilled with the moves Litecoin (LTC) is making. We should understand it could drop or it could stay the same for awhile no one really knows.. At the moment LTC is going for around $305.
The markets are showing us good signs, the people are worried about their fiat money and are losing trust in the governments!
Take a look at what coins are going for now
BTC - $16,699
ETH - $612
LTC - $298
XRP - .35884
DASH - $845
GNO - $136
ANT - $2
I think we will see BTC stable out a bit over time due to it being sold on futures markets but we are still in the unknown its a wait and see game.. Most of the other coins have been making some decent moves today - let me know what your in and why you chose that coin :)
Ok now to mention the hard stuff... We should be very careful and not get to caught up in the excitement.. I do fear Governments trying to seize control of these coins and I also fear Government could have made some of these coins.. Many of us seem to look past this idea because we believe for some reason Gov. wants nothing to do with this.. But let's not forget that the establishment was the first to mention internet based monies and a global financial system. And we should know by now that they want a One World Currency. That's what makes me wonder are we building platforms for them or did they build these platforms for us?? We could argue this all day but I don't think any of us could truly find that answer.
BTC being sold on futures trades also makes me a bit nervous, I feel that any true crypto lover should run from this idea and be done with BTC... Please don't be too mad I just said that.. You have to understand that BTC being sold as futures is as central as it gets!! It leaves the everyday guy with just a half bitcoin very exposed to the evil hand of big banking and big money. This is the same way gold is manipulated, while precious metals people are fighting to get rid of these contracts, BTC is stepping in with them.. They know soon they won't be able to control the price of gold and silver because of the moves China, and Russia are making.. But they will have more control over BTC.
( i also wonder if they want crypto to go insane and strait to the moon because if they could seize it they could actually pay off all the debt they created...) They have done this many times in the past with Gold but that took a lot of effort and caused many deaths I'am sure, due to someone not wanting to give up their hard earned monies. But now days they don't have to go door to door to collect your assets because it's all in an account online somewhere now.. But normal everyday people don't actually have that much money... Who does? The people with crypto do..
Invest what you can afford to lose set your goal profit numbers and wait. (make your gains a realistic number) And always diversify, it could save your ass one day (Gold, crypto, cash)
That's it on crypto news today guys, sorry to seem so negative.. I'am really not feeling that negative myself :)