One of the reasons I invest in Lite coin is the high level of liquidity and the large market cap of this cryptocurrency. There are currently around 84 million Lite coin supplies and the rewards from mining Lite coin are quite large today.
By ranking the top 6 alt coins on the CMC list, of course, there is no reason for us not to trust Lite coin as a promising investment asset, even though currently the price of Lite coin has decreased,of course it is a natural thing to happen in every trade on the exchange market and some alt coins too Experiencing the same thing now and maybe this is due to the frequent occurrence of rally prices on bitcoin in this week.
Topic: Is There A point To still Hold Litecoin As An Investment? (Read 981 times)
Yes, seeing that there is a little price movement in Litecoin for the first time in years. this should be for traders. Also major top business companies that recently started to accept cryptocurrency as a means of payment has also added Litecoin to their list of cryptocurrency that can be use on their platform. so gradually, crypto is gaining adoption and litecoin is getting adopted as well.
Litecoin price may rise next year.
We are now seeing bitcoin prices rise. In the Aftertime, investors will look for similar investments. Litecoin is a cryptocurrency similar to bitcoin, it can be called "cheap bitcoin".
PayPal customers can trade not only Bitcoin (Bitcoin Cash, Ethereum), but Litecoin as well. This means that Litecoin is among the four most significant cryptocurrencies.
Perhaps in terms of making a profit, a mid-term investment in Litecoin is more profitable than an investment in Bitcoin.
We are now seeing bitcoin prices rise. In the Aftertime, investors will look for similar investments. Litecoin is a cryptocurrency similar to bitcoin, it can be called "cheap bitcoin".
PayPal customers can trade not only Bitcoin (Bitcoin Cash, Ethereum), but Litecoin as well. This means that Litecoin is among the four most significant cryptocurrencies.
Perhaps in terms of making a profit, a mid-term investment in Litecoin is more profitable than an investment in Bitcoin.
This coin is not bad. Even if no one continues to improve this coin, it will remain on the market. A good example is Dogecoin.
You just need to remember that LTC is not a self-sufficient coin (as Bitcoin fork), and the effect of each subsequent halving can be reduced.
Not really bad mate, becasue this(LTC) coin has been one of the most looking and promising coin in the past but the absence of the founders to improve on their jobs proved abortive, this kept many thousands of holders stranded after the Halving which happened August, 2020. But not withstanding, there is still some good news from the project becasue as the days gone bye the coin will likely increase in it demands. You just need to remember that LTC is not a self-sufficient coin (as Bitcoin fork), and the effect of each subsequent halving can be reduced.
From my own point of view litecoin is a good coin that have been in the crypto market for some years now but if your points are true that the owner have abandoned it then there is no point investing or holding it.
Are you sure the Litecoin owner has left the project?
Litecoin is an old project, if there is a rumor like this happening then this is a failure for the crypto currency world,
before, Bitconnect has turn scam, is now Litecoin?
I dont think you understand. Satoshi left bitcoin does that mean bitcoin is a scam
OP is just saying not a lot of work/commits have been done with the core code. Bitconnect scam and Charlie lee moving on to other things other than litecoin is two wildly different things. By the way this is not a new revelation with Charlie leaving
Of course, I still hold Lite coin as one of my investments assets, because Lite coin is one of the most trusted alt coins that also has a large market capitalization apart from Eth and BNB today, besides that Lite coin has a strong relationship with BTC and usually relly bitcoin will attracts the rest of the market next, but Lite coin (LTC) will be even harder. Because, in a bull market, investors will think of it as a cheaper version of BTC and fomo to it.
LTC is still the most popular asset on the market today. if you still have it it means you are still lucky. although in a few days or today the LTC market is a little bit not that good. maybe this is also the influence of the strengthening of BTC and the occurrence of several flash pumps that are happening to BTC. but for investment, I think LTC will remain the safest asset for us to hold. 
Of course, I still hold Lite coin as one of my investments assets, because Lite coin is one of the most trusted alt coins that also has a large market capitalization apart from Eth and BNB today, besides that Lite coin has a strong relationship with BTC and usually relly bitcoin will attracts the rest of the market next, but Lite coin (LTC) will be even harder. Because, in a bull market, investors will think of it as a cheaper version of BTC and fomo to it.
Litecoin is one of the cryptocurrency that gained importance and is long standing in the market compared to many other altcoins that just exist and goes off from usage. Litecoin is good for investors who are capable of allocating atleast a bitcoin to invest. The growth hasn't happened big with litecoin over the years, to profit out of small price movements it is a must to invest on large volume of litecoin. Now the growth with litecoin is happening followed by bitcoin, but this isn't the same as the previous bull market growth.
Litecoin is an old coin that is traded on many big exchangers and has a large market cap value, I think this coin is worthy of being a long-term investment. Lots of old coins which I think at this point is a good time to buy because their price has dropped against Bitcoin and one of those coins is good Litecoin
If you could label a cryptocurrency as a copycat, then there is no coin more deserving for that label other than Litecoin. When Charlie Lee created the coin back in October 2011, he was quite straightforward about his invention. He was saying that his aim is to create a "Lite" version of Bitcoin, with a considerably larger total supply. If you compare LTC with BTC, there are only minor differences between the two currencies.
In short, there is nothing unique with Litecoin that ensures the long term survival of that particular cryptocurrency. We don't need a "Lite" version of Bitcoin, as BTC itself is lite enough for ordinary usage. So the main reasoning for the creation of Litecoin is irrelevant now. And as some of the users pointed out, the continued development of LTC has taken a back seat during the past few years.
In short, there is nothing unique with Litecoin that ensures the long term survival of that particular cryptocurrency. We don't need a "Lite" version of Bitcoin, as BTC itself is lite enough for ordinary usage. So the main reasoning for the creation of Litecoin is irrelevant now. And as some of the users pointed out, the continued development of LTC has taken a back seat during the past few years.
Um you can say that about 99.999% of every coin. Most are clones that serve no purpose at all. Most are premined junk just to get the "developers" more bitcoin. There are a very very few coins that serve a purpose bitcoin doesnt(yet) do but thats few far and between.
Litecoin serves as a good way to trasact when bitcoin is expensive. Holds value and is cheap and fast to move coins around when needed.
This is your first post and it is about Litecoin, you are not new in this crypto world probably.
Well, actually, Litecoin is one of the old cryptos that we can find since like BTC and also ETH coming in. This actually has a great community and the trading volume is still good, the liquidity is also the same. But probably it is not like other coins where they can have a great increase and positive uptrend right now. Litecoin may work and run slowly to the market.
Well, actually, Litecoin is one of the old cryptos that we can find since like BTC and also ETH coming in. This actually has a great community and the trading volume is still good, the liquidity is also the same. But probably it is not like other coins where they can have a great increase and positive uptrend right now. Litecoin may work and run slowly to the market.
There might be no improvement on the technology behind it or progress for litecoin but it doesnt mean its worthless anymore.
Litecoin is already established and been existing for years. Though there's nothing much happening to ltc, investors are aware of its worth.
Im not a holder of ltc but if you believe in this coin then be firm to stay and wait until you see an acceptable price to sell.
Litecoin is already established and been existing for years. Though there's nothing much happening to ltc, investors are aware of its worth.
Im not a holder of ltc but if you believe in this coin then be firm to stay and wait until you see an acceptable price to sell.
There will probably be an altcoin pump season at some point in the next 18 months due to how well bitcoin will do.
Litecoin is definitely still a good asset to hold so don’t sell, only an idiot sells during times like this.
Litecoin is definitely still a good asset to hold so don’t sell, only an idiot sells during times like this.
Many have been complaining about the stagant of litecoin but I know it's an old project standing firm because it became what it is now, and with look of things there's nothing to improve the But hopefully this market move will definitely put things in place normal. The price is already coming up better than before.
Lite coin profitable coin from other coin. Lite coin's futurte bright. Lite coin is accepted by PayPal and lite coin will be tradable. If PayPal starts trading cryptocurrency, the price of litecoin will boom. Litecoin has not shown a good move so far. So far it is possible to invest in litecoin.
The main problem of litecoin is that it act to be real as bitcoin but can in no way meet the standard of bitcoin, if it's not it, it's not it. It picks almost all features of bitcoin but the growth isn't it. But I suggest you wait a little more ,there could be an improvement anytime soon though at its own pace.it is a coin with potentials though, don't just try to measure measure the value of litecoin by Bitcoin to avoid disappointment.
This is Litecoin's repo:
If you investigate and see on this Altcoin board, not only are you complaining about one Altcoin (LTC).Almost 60%, members here have the same questions about Altcoin, XRP, ETH, Waves, and so on, all prices plummet no progress for now.
I can only suggest a little of what I do with certain Altcoin investments, if you are in the world of crypto, especially in the field of trading and investment, the key, you have to be patient, especially the coins that you invest and have a targeted investment period.
There is a lot of news circulating outside of prediction experts about Litecoin's, for the future, it's just that you have to be patient and maybe the time is not right to push up the price against LTC.
Litecoin is a very unpredictable coin. I am sure that in the future we will see what it is capable of. I believe that it makes sense to keep him. Because it was not for nothing that he took a position in the top.
There is yet no evidence that the team has abandoned the coin and I see no reason why they should do that, considering that this gone has come a long way and it is one of those with a considerable and appreciable level of growth.
My take is that, looking at how slow its growth had been all this while, it is possible they lack the technical know-how to enable it to appreciate in price, through the halving and other possible updates.
My take is that, looking at how slow its growth had been all this while, it is possible they lack the technical know-how to enable it to appreciate in price, through the halving and other possible updates.
This coin is not bad. Even if no one continues to improve this coin, it will remain on the market. A good example is Dogecoin.
You just need to remember that LTC is not a self-sufficient coin (as Bitcoin fork), and the effect of each subsequent halving can be reduced.
You just need to remember that LTC is not a self-sufficient coin (as Bitcoin fork), and the effect of each subsequent halving can be reduced.
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