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LITECOIN (LTC/USD) Did you have time to trade it? The image of FOMO TODAY.

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Published: 13 Sept 2021 › Updated: 13 Sept 2021LITECOIN (LTC/USD) Did you have time to trade it? The image of FOMO TODAY.

LITECOIN (LTC/USD) Did you have time to trade it? The image of FOMO TODAY.

The fake news of the day, Litecoin, there has been a false announcement that Litecoin has partnered with Walmart to be used as a payment method.

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Once again, it was something that showed that it triggered greed and fear as LTC surged to approx $ 236 in just a few minutes today

How I lived that moment

When I see the news 8 minutes after it was announced, Litecoin has partnered with Walmart to be used as a payment method, the price had already skyrocketed. It was too late to place a purchase order.

I look for the news on Wallmart's twitter, on the official page and on Facebook and I can't find the official news, something smells bad.

In 10 minutes it rose by 25%, impossible to enter. Those who entered I hope they have not lost money.

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Fear of being left out of the climb.

Fifteen minutes later it is known that it is false news. The descent begins. Thirty-five minutes later, he loses everything he has earned. It was known to be Fake News.

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Fear of getting trapped.

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This made the entire market go up, while other exchanges were in correction, which brought down the price of bitcoin and the entire Crypto market.

At the time of writing this article, the recovery begins.

To remember that these things exist and you have to confirm the news before taking an entry.



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Protect your assets use Stop loss

The alcoins market is very dependent on the price of Bitcoin, when Bitcoins goes up the alcoins go up more, but also in the other sense, so I suggest that you periodically review a Bitcoin and use stop loss and move it when they are already in profit. Do not let a profit become a loss.

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READ DISCLAIMER: this publication / analysis is only for general information purposes. I am not a professional trader and I will never be a financial advisor. The material in this publication does not constitute any trading advice of any kind. This is the way I see the paintings and what my ideas are.
Perform your own analysis before making an investment decision. Use money that you are willing to lose if you make an investment.
If you make exchanges or investments after reading this publication, it is entirely at your own risk. I am not responsible for any of your gains or losses. By reading this publication, you acknowledge and agree that you will never hold me liable for any of your profits or losses.

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