People always ask, why and when. Why should I invest into this coin now? When the coin will start taking off? Why should I buy it now if the coin even can decrease lower? Then, they missed great opportunites to buy coins at cheap prices, and come back to ask again when coins already recover dramatically from their bottoms, like you asked in your post. It's possible to see Litecoin move back to $200 or $300, but it is clearly that you missed very good opportunites.
Thank you for your answer
I understand very well how cryptocurrency trade takes place, and I, of course, understand the basic pricing principles of various cryptocurrencies.
But...
I am curious about the vision and reaction of various cypto enthusiasts.
I know that in the spring of 2019 another reduction in remuneration for the confirmed unit is planned. Many in the community are confident that after this the Litecoin rate should only increase, since the number of miners will decrease dramatically. I read that some analysts believe that next year Litecoin will come closer to ETH, although it will not be able to outperform the second most capitalized coin.
As for concrete figures, I hope for a course of $ 350-500 per Litecoin by the end of 2019
Thank you!
Why didn't I buy a Litecoin for $ 60? I had a great opportunity...
