So far we know that these two coins have a large volume of transactions, but people also know that Ethereum has a next project which is sure to make the ETH price soar even more. Even though Ethereum's main goal is to reduce transaction fees, with such projections the cryptocurrency community will be very busy looking for Ethereum to try the Ethereum 2.0 flavor.
Litecoin is very useful for transactions, but LTC will continue to be like that and show less significant price changes when we compare it to Ethereum in terms of usability. We can find Ethereum more useful and has more strong community support which means that Ethereum will never die even though the transaction fees are much higher than what it is today. And the positive trend is actually approaching Ethereum which continues to bring in many new users when competing with BSC.
Topic: Hodl litecoin or exchange for ethereum? - page 3. (Read 251 times)
With the recent adoptions of businesses in the cryptocurrency world, it's most likely to go with ETH.
*This is just my personal opinion and not to be taken as financial advice
Many people are taking more ETH to their wallets and their portfolios, allocating more to it than BTC. I have read and watched a couple of videos with different opinions on what could be profitable in the coming years. I believe that would be ETH, and we all know that it's one of the cryptocurrencies that have a lot of projects underneath it and is currently most used in addition to NFT's, etc.
You shouldn't think about it too much if your holdings, LTC, wouldn't reach ATH yet. Maybe there's no current impact at the moment. It's one of the OG coins worth holding as well, but you might miss other opportunities. You have to be prepared for that as well.
*This is just my personal opinion and not to be taken as financial advice
Many people are taking more ETH to their wallets and their portfolios, allocating more to it than BTC. I have read and watched a couple of videos with different opinions on what could be profitable in the coming years. I believe that would be ETH, and we all know that it's one of the cryptocurrencies that have a lot of projects underneath it and is currently most used in addition to NFT's, etc.
You shouldn't think about it too much if your holdings, LTC, wouldn't reach ATH yet. Maybe there's no current impact at the moment. It's one of the OG coins worth holding as well, but you might miss other opportunities. You have to be prepared for that as well.
Litecoin mostly just copies bitcoin. They've talked about adding confidential transactions for a long time but they have yet to make it happen. The only reason some people prefer litecoin is because of it's low fees. That is not a good enough reason to hold it for a long period. We can't predict where the price will go but we do know that it's development is practically non-existent. There is no good reason to expect a price pump that will be sustainable.
today ethereum started to move and the price has reached 2700 $, buy eth now is not a good choice. So it's better to hold LTC, and be patient until the situation gets better. after all, ltc still hasn't reached ATH, so maybe when the market improves, ltc's turn will go up high. or rather than exchanged for eth, more profitable bnb. bnb is currently hot and prices could still go up. so bnb is also a better choice.
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.
It's hard to give financial advise in this community as we might give you wrong information false hope.
But If I'm in your shoes, I wouldn't touch any, on the contrary, I would continue to buy and accumulate more, specially during a dip because we are still in the bullish cycle and people are very greedy.
So no need to panic, just play smart and you will be already, no need to regret that Litecoin is not shooting up. You don't know maybe at the end of this bull run, Litecoin might have gain significantly.
Ethereum is more stable and the community is huge. There more upcoming projects from ethereum and all of them are supported by many people.
So i think it's a good decision to convert litecoin to ethereum for a long term investment
So i think it's a good decision to convert litecoin to ethereum for a long term investment
Converting ethereum into the litecoin is farrr better https://cointelegraph.com/news/ethereum-on-a-high-after-european-investment-bank-s-121m-digital-bond-news
This is not financial advice but that's only my opinion. If you are thinking you have a different opinion than me and then DYOR. IMO if ethereum has a very good fundamental compared with litecoin.
I think this must be the reason.
You shouldn't ask some stranger for financial advice really, if you truly believe that litecoin could go up then it's all up to your decision however I don't think in july there gonna be any massive pump for ETH considering this berlin hardfork alone already helps eth decrease the fee to 40gwei so the london hardfork that takes place in july I assume won't be as impactful anymore but there's always possibility for that right? not to mention if it could further decrease the fee which usually costs $8 right now to $2-$3, however ETH definitely have better potential than litecoin, it even goes up when bitcoin gets a flash dump but then again that's just my opinion and eth price is already high enough, take it with grain of salt and definitely don't consider it as a financial advice. Just create an analyzation yourself and make up decision based on it.
Nobody will advice you on what to do, but you can see for yourself that ethereum will be better, but as for me I will prefer binance coin also. But as to your question, better to go for ethereum which is better because it iis using a smart contract that makes many coins to be using its blockchain and yet getting increase marketcap to ethereum when investing in such coins called DeFi, Binance coin also is increasing in value recently, much to the reason of its smart contract too, especially when binance smart chain was created. Litecoin seem like bitcoin, but not bitcoin because it is just an altcoin, the reason it is not performing, also you can noticed that about bitcoin cash and such coins that are copying bitcoin.
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.
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