Hi guys, I just shorted LTC at 52.8 USD/LTC, wish me luck! LTC is a great currency for transfer of value (exchanging your fiat for tokens), due to the smaller fees compared to BTC. But as a gateway token I don't believe the surge of today is justified, hence my short.
I'll happily liquidate this position once the reaction downtrend stabilizes, if we see this downtrend, otherwise I'll be shorting more at higher prices.
P.S. This is a very small position as all my funds are locked up in funding (I actually had to liquidate EOS for this position).