Litecoin has given us three confirmations that the bottom is in and more holders are slowly starting to enter the market. We could still see losses in October, but it's hard to imagine November being a bad month.
I expect this time around to be better than average due to institutional on-ramps, halving hype, a failing economy, and all the other random advancements that have been made. As far as Litecoin is concerned, I expect liquidity to run dry considering the 5-6 month time period after the halving event coincides with a traditional winter pump.
I have very high hopes for November 2019, so much so that I believe a lot of people, such as myself, will go onto winner's tilt.
Most people know tilt as getting angry when one loses and that cascades into more bad decisions. Winner's tilt is when you win and you make bad (usually risky) decisions due to the whole easy-come easy-go mindset. Let it ride!
Winner's tilt is just as bad as the 'normal' version. Any outside stimulus capable of leading us astray is going to be a bad thing. I'll be doing my best to keep my hedge ratio at a safe level. So far I'm already doing a bad job. My hedge is 0%, so I sure hope this is the bottom :D
I am so impatient right now.
I can't wait for October to be over.
Perhaps I should do something more productive than just wait around.
Nah!
