Heyo - been a minute since checking in. Realize this is the most biased place to ask this question, BUT:
given movement in the market, wondering if LRC is worth the hold - or should I quick swap to something with more short term promise. Convince me to stay.
They lost the L2 battle. Let it go
Most of us are deep in the red so no other option until tax season
I’ve been holding this trash for over two years and all it does is die. don’t be like me and bounce out
only because I’ve lost so much. can’t sell.
it’s so devastatingly low that it is not even worth touching unless I want to take a big loss for tax purposes. I’ll either do that or maybe convert to ETH if it rebounds a bit
but I see no value in loop
Nah, swap it for bitcoin
Thinking of swapping some for eth, but wbtc can’t being a bad idea
don’t hold wbtc long term, it’s not made for that
I lost so much in crypto in the last 3 years. The o ly advice I have is don’t get I to it. The price is manipulated. Even if the price of your coins goes up, there’s millions of people ready to sell billions worth of your coin and drive the price back down. Fuck that. There’s no loyalty I crypto
So true , you can see clearly pump and dump in LRC weekly chart .If you are not sure look the valuation against BTC ,every week its going lower and lower
actually, LRC sats is going up in the last 4 weeks
And Bitcoin is up 118% in the past year ?
Its lost his value against the BTC , that’s the only thing that matters to me
I would update yourself on what the protocol is doing… instead of ‘will price go up’. This sub isn’t really for crypto trading and there may be other ones better suited for that
To get into the fundamentals though, I recommend the most recent post (multi-network) and the 3rd post (community call) here:
It’s an absolutely hold, NFA #Loopringistheway💙🏴☠️#BOYB #WAGMI
Till the end of time
Such a good time to buy!
Exactly!
It’s up 30% since oct 19th
OP, you truly need to DYOR. This thread is chock full of ridiculous responses. Not sure why your post brought out so many truly illogical, and arguably stupid, replies.
-
You may want to start backwards, with the recent “Loopring Repositioning” blog post: (https://medium.com/loopring-protocol/the-new-multi-network-loopring-looprings-evolution-repositioning-3526d7c11173)
-
You may find it helpful to go further back to the latest quarterly report (https://medium.com/loopring-protocol/loopring-quarterly-update-q3-2023-34f30b88f2de)
-
You might also consider reviewing Byron’s summary of a recent community call. The call was supposed to be recorded, but there were technical difficulties realized after the fact. (https://medium.com/loopring-protocol/loopring-community-call-1-b9560c6f0977)
-
Just another level 2. L1 or ignore it except for a trade
At the current prices I would say yes
It’s called gambling. Not investing