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RE: Litecoin is the Perfect Cryptocurrency Hedge!

in #litecoin7 years ago

If it was possible to resteem comments, I would resteem yours!

Folks, this is how you properly debate!! :)

Note the absence of strawman arguments -- which drives me up the f*cking wall, by the way! -- and acknowledgement of what I actually said!

And it's true...39% correlation is super strong for a traditional hedge. But if you wanted to stay within the cryptocurrency markets, I think litecoin gives you the best shot (among the majors). Further research may or may not make that point stronger, as I'm admittedly only looking at trailing month...I will keep you all posted!

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Thanks for your kind reply! Looking forward to your follow-up!