Hodl litecoin or exchange for ethereum?

hamba laeh

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Quote from: Indiladhar on April 28, 2021, 08:00:19 PM

As a note I have both litecoin and ethereum, it seems eth will surge once July approaches. Should I continue to hodl litecoin seeing as it hasn’t even hit its ATH yet? I was hoping Litecoin would have shot up sooner so I could get more eth before it decided to shoot up, but oh well.

I think it is better for you to hold on to Ethereum than Litecoin because Ethereum will continue to increase in the next few months. than you hold Litecoin then ethereum better. I say this because I'm also holding ethereum until the end of July.because Ethereum 2.0 will make EThereum continue to improve in the future.

Traderbtcc

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Quote from: Indiladhar on April 28, 2021, 08:00:19 PM

As a note I have both litecoin and ethereum, it seems eth will surge once July approaches. Should I continue to hodl litecoin seeing as it hasn’t even hit its ATH yet? I was hoping Litecoin would have shot up sooner so I could get more eth before it decided to shoot up, but oh well.

Honestly if were you I would hold more of Ethereum than Litecoin, we both know Ethereum grows faster than Litecoin, I don't understand the reason why Litecoin is so slow at growing in terms of price, but its not the same for eth since it keeps pumping insanely almost every day, after the recent correction last week eth has been able to make a new ATH of $2,800 today but I can't say the say for Litecoin, this reason alone should make you go for eth, although I would also recommend you buy some bnb and hodl too.

Nivia1st

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both are good choices depending on how your investment plan is. if you think eth price is too high, better keep on holding litecoin. because litecoin still has a greater chance of going up than ethereum. but ethereum is also not that bad either, it could be that eth will rise higher than now if the market trend continues.

lixer

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Quote from: Indiladhar on April 28, 2021, 08:00:19 PM

As a note I have both litecoin and ethereum, it seems eth will surge once July approaches. Should I continue to hodl litecoin seeing as it hasn’t even hit its ATH yet? I was hoping Litecoin would have shot up sooner so I could get more eth before it decided to shoot up, but oh well.

I really prefer ethereum, not just because it is second ranked coin, but because it has a great possible future as well. Think about it this way, we are talking about the second biggest coin AND a coin that moved away from 40+ dollars per transaction to now around 6-8 dollars, AND it will have eip 1559 in 14th of July to drop it another 50% at the least (probably more), AND we are talking about in the future becoming eth 2.0 with proof of staking so less people who sell (miners who sell to pay for electricity of their mining operations) and more people buying (for increasing their staking profit).

So long term I am very very bullish on etheruem, it is going to be so simple for it to go up, even there is a bear market and everything falls, I believe eth will not fall as much as others and when it increases back up with another bull it will break above a lot, can see 5k+ very very easily, maybe as much as 10k+ as well.

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Quote from: meysonYo on April 29, 2021, 02:50:18 PM

Quote from: Altcoinsintel on April 29, 2021, 05:39:24 AM

If you are asking for financial advice you will get the worse from others. Litecoin or Ethereum, who cares basically. Litecoin has done nothing lately and still managed to be priced so high. It doesn't mean anything to me. Meanwhile developments in Ethereum are constant and the network has a huge userbase. I don't think Litecoin is anywhere near the adoption levels of Ethereum.

If we compare only Ethereum and Litecoin, then of course Ethereum is far ahead of its competitor both in development and in growth prospects. But if you look at other top-coins, then Litecoin is quite competitive with them, and it is worth having a certain percentage in your wallet.

It's best to split instead of putting everything inside one basket, you can exchange larger portions of your investment to ETH and
save some for you LTC asset.

Along the way you can use those assets in case there's emergency that you need to work with, you'll not be bother with your ETH
investment if you have other coins inside your wallet.

Do your research and carefully analyze whatever decision you have in mind. It's your money and it's your full responsibility!

Imran232

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Well its very tough question to answer correctly. And i don't think so that anyone can suggest you what to do better than yourself. I want to ask you what do you want to do? What your research told you? You can do that. Now i want to share my opinion which is no doubt both projects are world top ranked project. So its clear that both project has the power to reach top and give you best profit. Though ethereum has some extra facilities than litecoin which is erc20 based all crypto. Which is gives a little push to grow. But litecoin has less fee than ETH which is plus point. I always support eth. You and others Point of view can different. So you just do by your research. Because money is yours so risk Should be yours too.

mr.robot8

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i believe no one will give you financial advice or tips here, personally i can only tell you how i would proceed since i am a fan of eth i would invest everything in him i am sure his value will grow after eth 2.0

ScamViruS

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No one can tell you which one is better, ETH or LTC. It is difficult to advise anyone to buy a coin, because no one knows where the market trend will go in the coming days. But by observing the market, you can understand how Eth is currently performing.

If we compare this year’s price with last year’s price of eth , we can see how remarkably ETH has come to this position and is still on the rise. The ETH community is still thinking positive which indicates that this uptrend in eth could be even longer. So it seems to me that ETH can perform better in the coming days.

meysonYo

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Quote from: Altcoinsintel on April 29, 2021, 05:39:24 AM

If you are asking for financial advice you will get the worse from others. Litecoin or Ethereum, who cares basically. Litecoin has done nothing lately and still managed to be priced so high. It doesn't mean anything to me. Meanwhile developments in Ethereum are constant and the network has a huge userbase. I don't think Litecoin is anywhere near the adoption levels of Ethereum.

If we compare only Ethereum and Litecoin, then of course Ethereum is far ahead of its competitor both in development and in growth prospects. But if you look at other top-coins, then Litecoin is quite competitive with them, and it is worth having a certain percentage in your wallet.

hamba laeh

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Quote from: Indiladhar on April 28, 2021, 08:00:19 PM

As a note I have both litecoin and ethereum, it seems eth will surge once July approaches. Should I continue to hodl litecoin seeing as it hasn’t even hit its ATH yet? I was hoping Litecoin would have shot up sooner so I could get more eth before it decided to shoot up, but oh well.

two altcoins that are good at cryptocurency so that are difficult to predict, Litecoin and Ethereum are highly demanded altcoins and both are from good platforms. but my advice for now is that you better hold Litecoin because I am sure that in the future Litecoin will find a new Ath with a high increase.

SaShiRaJaVu

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Quote from: Indiladhar on April 28, 2021, 08:00:19 PM

As a note I have both litecoin and ethereum, it seems eth will surge once July approaches. Should I continue to hodl litecoin seeing as it hasn’t even hit its ATH yet? I was hoping Litecoin would have shot up sooner so I could get more eth before it decided to shoot up, but oh well.

I think that it is too late for your to convert you other coins or Litecoin to Ethereum as the price is currently trading around $2700 and it is expected that the price could reach over $3000 once the upgrade is implemented and the price of transaction charges starts to fall. The only aspect you need to consider is that the price has risen to levels that we have not seen before but if you want to take a risk i would say ETH as it could rally from this position than Litecoin.

kevindjunaidi

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Quote from: Indiladhar on April 28, 2021, 08:00:19 PM

As a note I have both litecoin and ethereum, it seems eth will surge once July approaches. Should I continue to hodl litecoin seeing as it hasn’t even hit its ATH yet? I was hoping Litecoin would have shot up sooner so I could get more eth before it decided to shoot up, but oh well.

if you already have both (Ethereum and Litecoin), then you don't need to bother, because my advice is that you better HOLD both of them and of course you will still get a profit if the price of one of them increases, because when you exchange Litecoin to Ethereum and the price of Litecoin has increased very high, then of course you will definitely regret not holding your Litecoin and instead exchange it, therefore I suggest you to still hold both of them.

bakasabo

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I still have both altcoins, but I'm considering exchanging Litecoin to Ethereum.

During last 2 weeks Bitcoin has lost a lot, but Ethereum managed not only to recover quickly, but to show also a growth, while Bitcoin still can not get back to $60k level. By looking on Litecoin it is seen that it has lost and returned to $250+ level. Or basically did not gain anything, while Ethereum did. Not to mention that Ethereum blockchain managed to reduce transaction fees several times.

Altcoinsintel

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If you are asking for financial advice you will get the worse from others. Litecoin or Ethereum, who cares basically. Litecoin has done nothing lately and still managed to be priced so high. It doesn't mean anything to me. Meanwhile developments in Ethereum are constant and the network has a huge userbase. I don't think Litecoin is anywhere near the adoption levels of Ethereum.

robattfield

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I think you should keep both of these coins, as these are all major coins in the current market especially ETH. I think if the next time the altcoin boom follows what everyone hopes for a season, the ETH LTC will have a huge increase.

ilovealtcoins

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Ethereum has more applications and uses more so keep the majority of Ethereum in your wallet. Litecoin is also good crypto to hold but it certainly cannot grow as fast or as strong as Ethereum.
The bull run isn't over yet so keep holding your litecoin or keeping two to make sure you don't miss out on profits from either crypto.

FloridaKid

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I would exchange to Ethereum anyday because it's clear that Ethereum is marginally better and have more room to grow in short term, LTC is trying but any further surge from LTC will depends entirely on BTC performance

Dr.Osh

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I really believe LTC is a very good coin. however, based on my considerations, between the two coins, I prefer to focus on ethereum. however, the price has already gone up, and LTC has not shown any potential upside. My advice is, if the amount of LTC you are holding isn't that much, then switch it all over to ethereum. Well, DWYOR.

Gayong88

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LTC is also good for long-term hold in my opinion. If you look at the pattern of the increase is not too high and has not reached ATH. for ETH itself, it was rumored long before that it would be booming this year.

gurunanakji777

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Both are good altcoins but my top priority would be Ethereum without a second thought. Since the bull run starts last year. I have not seen much movement in Litecoin to date it is moving very slowly, on the other hand, Ethereum is booming at quite a good pace and I still believe it will move much more in the coming days as compared to Litecoin. If I were you I would definitely exchange it for Ethereum a long time back.

Topic: Hodl litecoin or exchange for ethereum? (Read 251 times)