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A Cryptocurrency Founder Sold All His Coins After 7,500% Rally
21-12-2017, 12:59 PM.
Post: #1
A Cryptocurrency Founder Sold All His Coins After 7,500% Rally
A Cryptocurrency Founder Sold All His Coins After 7,500% Rally

By Nour Al Ali  and Todd White
December 20, 2017, 6:17 PM GMT+8 Updated on December 21, 2017, 2:06 AM GMT+8

Charlie Lee, creator of the world’s fifth-biggest cryptocurrency, cashed in during a 75-fold rally this year.

The San Francisco-based software engineer whose litecoin was founded in 2011 “sold and donated” all of his holdings over the past few days, he said in a Reddit post. The disposal was aimed at preventing a “conflict of interest” when Lee makes comments on social media about the digital currency that could influence its price, he said.

“Litecoin has been very good for me financially, so I am well off enough that I no longer need to tie my financial success to litecoin’s success,” Lee said. “For the first time in six+ years, I no longer own a single LTC” other than a few collector’s coins.

More details in https://www.bloomberg.com/news/articles/...-his-coins
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Specuvestor: Asset - Business - Structure.

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21-12-2017, 07:25 PM.
Post: #2
RE: A Cryptocurrency Founder Sold All His Coins After 7,500% Rally
very smart! Big Grin cash out first! cash in hand! Big Grin Big Grin Big Grin
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1) Try NOT to LOSE money!
2) Do NOT SELL in BEAR, BUY-BUY-BUY! invest in managements/companies that does the same!
3) CASH in hand is KING in BEAR! 
4) In BULL, SELL-SELL-SELL! 

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