LTC is still an unique case. Overall the market as a whole is on average underwater. Whilst a small fraction of this market has taken losses, many are still Hod'lers.
I am keeping an eye on this as I would consider long trades if support is found after a rally above the current cost basis. This is a conservative approach but does mean the market would be behind my position with open profits rather than the potential of break-even trades on rallies around average cost basis levels.
I am keeping an eye on this as I would consider long trades if support is found after a rally above the current cost basis. This is a conservative approach but does mean the market would be behind my position with open profits rather than the potential of break-even trades on rallies around average cost basis levels.
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