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RE: Litecoin Transactions Are Almost Instant! (Great Time To Invest Into Cryptocurrency)

in #cryptocurrency7 years ago

This guy is probably making an error in his assumtions about why bitcoin transactions are happening faster. There is alot less volume being traded right now. That's the likely reason for it. Also, if he is daytrading in and out of one crypto for another and not converting to cash then he is setting himself up for big losses. Everything will likely follow the path of bitcoin though. Cept ETH...it will likely continue to follow its own path to that "fat finger" low set at .10 in the long run. I wouldn't be surprised to see stops get taken out in bitcoin ala ETH so I hope this guy isn't using protective stops.