This litecoin rise won't break anytime soon. Couple of other interesting btc-e coins will see even bigger gains in the close future.
This was all predictable if you knew more then to buy one type of coin and then just sit on your ass, trying to pray for success.
This was all predictable if you knew more then to buy one type of coin and then just sit on your ass, trying to pray for success.

Most inexperienced traders don't know that you should actually fear slow declines more. Fast drops like this are mainly meant for one thing - to create panic that will force the weak minded folks to sell. What you're witnessing here is a bear trap that is traditional in the initial phase of a bubble. What makes it funny is that bitcoin was actually used only a tool to shake off more potential coins from weak hands.
These shakes are quite entertaining and you can win a nice sum with 1h trading if you keep your head cool.