Okay, I understand now. Thank you for your explanation.
I honestly don't think this is the case. Segwit locking in is big news because it can't not activate now. That should have driven the price up above what it was before. It's a large milestone in LTC.
For the price to drop means that something else happened, like perhaps everyone moved to BTC because they realized that LTC was worthless after segwit happened.
It's for these reasons that I also dropped all my LTC.
LTC is not recovering. It's still dipping at 14.00 to 13.xx and maybe sometimes reaches 14.70ish.
There's nothing to have faith in. I think prices were up before just because it was a popcorn show between Jihan and Charlie, and now the entertainment is over, and LTC's true value is showing because segwit is a 100% truth, and now we see the real price.
I don't recommend that you stick with your LTC, nor do I recommend anyone buy LTC. It's good to ride the hype, when there's hype. But like I said, the drama is over and the Star Wars battle has finished.
I will try to invest in something else when I do more research. But not LTC. Unless some other nice drama happens that seems popcorn-worthy, then I won't be coming back to LTC.
But I see you still have faith in litecoin, and I guess that's okay. In a couple of weeks or a month, I will revisit my thread and if the price is above that which I bought, you can say "i told you so." but if it is back to $4 or $10, then I will be correct.
Ty again for your input.
I will also read up on whales and strong hands and weak hands.
