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Re: bootysweat post# 1730

Sunday, 02/18/2018 6:48:32 PM

Sunday, February 18, 2018 6:48:32 PM

Post# of 3914
I’m a shitty trader. I HODL long term. The surge you saw in Litecoin was due to people wanting the free LCC from the hardfork which I knew about before it was officially announced to the public and I cryptically told this board the general time frame of it. Anyways, it’s free $$$$$$. Free tokens. Just needed to know what to do to get them. Will the launch of Litepay cause a spike? Maybe. Maybe not. There’s other announcements Charlie has mentioned that are coming as well that should continue to help Litecoin. However, I’m expecting some type of minor dip throughout cryptoland in early March. Regardless, the difference between Litecoin at $220, $200, $180, or wherever will be negligible 500+ days from now as the halving nears. Feel free to trade/flip if you like. Your taxes might become a mess. You’ll need a cpa who’s familiar with crypto. Not easy to find. My suggestion is to buy the dips whenever they occur, HODL everything you own/purchase, move them to a hardware wallet, and wait til the halving nears to sell. You’ll be taxed at the Capital tax rate, your Litecoin will have appreciated about 500% or more, your taxes won’t be a mess, and you can spend your extra free time learning about the technology, trading regular stocks, spending time with family, or whatever else you want to do. GL!
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