Litecoin looking like sleeping gigant in this bull run season - page 2.

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Quote from: Squaremile777 on October 28, 2023, 11:11:18 AM

Ltc looking like sleeping gigant the price is Under 100$ definately cheap now people mis buy ltc because no body dont want miss the opportunity some experts Even say that LTC can Do 300% gain from here.
i think it's LTC time now in this crypto bull run season

Yes, Litecoin hasn't grown at all in this bull run. It grew large enough a month ago the halving and since than has been below $75 for quite a time. I have a small amount of Litecoin in my portfolio that I was trying to grid trade above my buying price but it hasn't even hit a slab yet. I guess the whales are accumulating it for the cheap price.
Anything below $75 is a discounted price for Litecoin as it can easily x2 to $150. Currently I don't have plans to further increase my holdings but if anyone doesn't have Litecoin in their portfolio, it's the best time to consider it.

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Quote from: Cryptoababe on November 22, 2023, 11:37:05 AM

Yeah, XRP is far better than Litecoin. I thought of that two and it's one of the reasons why I paired it with Litecoin to probably earn more of it incase Litecoin pumps against it before XRP bull run comes. I like the way you describe both and this makes me feel like Litecoin wont be an investment with a reasonable profit in the future.
Thanks for the honest guidance.

Why a centralized "shitcoin" would be any better than Litecoin? Just because XRP is rising in price, while LTC remains stagnant, doesn't mean one is better than the other. XRP may be cheaper and faster than LTC for day-to-day payments, but it's utterly-centralized. Not only Ripple (the company) holds a large portion of XRP's supply, but it also controls the majority of the network's validators. It could easily fade away into oblivion if the company goes bankrupt or decides to shut down the network for good.

Litecoin is like Bitcoin in the sense that there's no pre-mine or ICO or any kind, and it's driven by the community itself (not a company with its own interests). XRP is the "banker's coin", and can easily be manipulated at will. Just wait until it fails, and truly-decentralized cryptocurrencies will rise all the way to glory. I strongly believe LTC is a hidden gem waiting to blossom someday. Who knows if it lives true to its promise of being "Silver to Bitcoin's Gold" in the future? Cheesy

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Quote from: Abiky on November 22, 2023, 10:36:32 AM

Quote from: wxa7115 on November 19, 2023, 11:09:01 PM

While 100% or even 200% in profits may seem like a good deal, we must not forget that litecoin is down 80% from its all time high, so anyone that invested at that level or at least close to it needs for litecoin to grow 350% or even 400% just to breakeven.

So it is natural there are many people that at this moment are doubtful about the potential litecoin may have of doing such thing, and speculate that litecoin holders may face a scenario similar than the one ripple holders had to face during the last 5 years.

LTC is having a hard time reaching a new ATH. I think it has to do with the fact that investors are interested on coins with smart contract capabilities. Just wait until we get a Litecoin spot ETF, and market prices will never be this cheap ever again. It will trigger a massive "pump" that will lead LTC all the way to "Mars". I think mainstream investment companies will do this, especially when Litecoin is one of the oldest and most trusted cryptocurrencies on the market.

The cryptocurrency has a deflationary mechanism like Bitcoin with a limited supply of 84m units. What changes is the PoW algorithm and block time. This allows LTC to process more TPS than BTC itself (which means lower fees and faster confirmation times). In times where BTC becomes overloaded with too many Ordinals "junk", LTC proves to be a cheaper alternative for day-to-day payments. Not to mention, you can enjoy on-chain privacy with Mimblewimble. I'd say the cryptocurrency is extremely undervalued. Maybe one day it will gather the attention of the masses? Cheesy

For a long time investors in this market thought that LTC will perform a function similar to what we saw with silver, so they expected that bitcoin will become like gold and will only be used for big transactions or as an asset to hold your wealth, and litecoin was used on our everyday transactions just like silver.

But the last years have seen this narrative to lose some of its support as litecoin is losing ground against new projects.

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Quote from: Belarge on November 21, 2023, 07:57:00 PM

Quote from: Cryptoababe on November 21, 2023, 12:52:44 PM

LTC will surely pump when the bull market come but I don't think the pump might be strong. Even my LTC and XRP pair on Bitget smart portfolio has been stable so far because there isnt much difference between the two in term of price movement. Hopefully, when the bull market comes, there will be big difference.

We all waits patiently for the bull market to come, that's how to earn from the system. But if one uses his or her head properly and calculatively, they can also be earning massively from the bear season. Litecoin has potentials of pumping to the moon, we just have to exercised patience and accumulate small profits from the little pumpings it makes, might turn out to be one of these abandoned projects in the market, just as Dogecoin that got abandoned by its project team. However these altcoins do triggered bullish candles when the bull candles do comes but no all of them.

I'm beginning to have some doubts on. So I will prefer to wait patiently while pairing some coins with Litecoin cos I can't always get the right time to DCA them. So, a pump from this coin will help me do so by automatically selling it and buying those alts for me. And if I see that otherwise is happening, I will remove the pairs or sell some Litecoin to buy those alts.

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Quote from: JeffBrad12 on November 21, 2023, 08:04:29 PM

XRP in this case, rarely enough, is better prospective than LTC, because simply put XRP willing to cooperate with big corporation even banks for the sake of growing their market capitalization but LTC will just stagnating not having any innovation for the next few years.
I don't take lite coin investment seriously to be honest, i just think that there are better altcoin you can invest out there.

Yeah, XRP is far better than Litecoin. I thought of that two and it's one of the reasons why I paired it with Litecoin to probably earn more of it incase Litecoin pumps against it before XRP bull run comes. I like the way you describe both and this makes me feel like Litecoin wont be an investment with a reasonable profit in the future.
Thanks for the honest guidance.

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Quote from: Squaremile777 on October 28, 2023, 11:11:18 AM

Ltc looking like sleeping gigant the price is Under 100$ definately cheap now people mis buy ltc because no body dont want miss the opportunity some experts Even say that LTC can Do 300% gain from here.
i think it's LTC time now in this crypto bull run season

As you said about LTC, if the current market price is below 100$, if we buy it, we can sell it above 300$ in the future. Depending on your words, many people may buy LTC. But I personally prefer to trade in Bitcoin than buy LTC. I have never bought a litsi myself so I can't say anything about it. Heard a lot about LTC but I have never bought LTC. I always prefer trading Bitcoin over LTC. And I will advise others that Bitcoin is much better than LTC.

Abiky

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Quote from: wxa7115 on November 19, 2023, 11:09:01 PM

While 100% or even 200% in profits may seem like a good deal, we must not forget that litecoin is down 80% from its all time high, so anyone that invested at that level or at least close to it needs for litecoin to grow 350% or even 400% just to breakeven.

So it is natural there are many people that at this moment are doubtful about the potential litecoin may have of doing such thing, and speculate that litecoin holders may face a scenario similar than the one ripple holders had to face during the last 5 years.

LTC is having a hard time reaching a new ATH. I think it has to do with the fact that investors are interested on coins with smart contract capabilities. Just wait until we get a Litecoin spot ETF, and market prices will never be this cheap ever again. It will trigger a massive "pump" that will lead LTC all the way to "Mars". I think mainstream investment companies will do this, especially when Litecoin is one of the oldest and most trusted cryptocurrencies on the market.

The cryptocurrency has a deflationary mechanism like Bitcoin with a limited supply of 84m units. What changes is the PoW algorithm and block time. This allows LTC to process more TPS than BTC itself (which means lower fees and faster confirmation times). In times where BTC becomes overloaded with too many Ordinals "junk", LTC proves to be a cheaper alternative for day-to-day payments. Not to mention, you can enjoy on-chain privacy with Mimblewimble. I'd say the cryptocurrency is extremely undervalued. Maybe one day it will gather the attention of the masses? Cheesy

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Quote from: Cryptoababe on November 21, 2023, 12:52:44 PM

LTC will surely pump when the bull market come but I don't think the pump might be strong. Even my LTC and XRP pair on Bitget smart portfolio has been stable so far because there isnt much difference between the two in term of price movement. Hopefully, when the bull market comes, there will be big difference.

I honestly doubt with lite coin its ancient coin with no real use case, even bitcoin thats supposed to be the first coin ever always have innovation surrounding it, even more so with the presence of BRC20 but this litecoin is just a litecoin, no difference from few years ago I doubt anyone would be care enough to pump this coin even more so for those whales.

XRP in this case, rarely enough, is better prospective than LTC, because simply put XRP willing to cooperate with big corporation even banks for the sake of growing their market capitalization but LTC will just stagnating not having any innovation for the next few years.
I don't take lite coin investment seriously to be honest, i just think that there are better altcoin you can invest out there.

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Quote from: Cryptoababe on November 21, 2023, 12:52:44 PM

LTC will surely pump when the bull market come but I don't think the pump might be strong. Even my LTC and XRP pair on Bitget smart portfolio has been stable so far because there isnt much difference between the two in term of price movement. Hopefully, when the bull market comes, there will be big difference.

We all waits patiently for the bull market to come, that's how to earn from the system. But if one uses his or her head properly and calculatively, they can also be earning massively from the bear season. Litecoin has potentials of pumping to the moon, we just have to exercised patience and accumulate small profits from the little pumpings it makes, might turn out to be one of these abandoned projects in the market, just as Dogecoin that got abandoned by its project team. However these altcoins do triggered bullish candles when the bull candles do comes but no all of them.

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Quote from: Squaremile777 on October 28, 2023, 11:11:18 AM

Ltc looking like sleeping gigant the price is Under 100$ definately cheap now people mis buy ltc because no body dont want miss the opportunity some experts Even say that LTC can Do 300% gain from here.
i think it's LTC time now in this crypto bull run season

The movement of litecoin in price is very slow, but the aspect of investing in a litecoin, I think whosoever that is investing in a litecoin should venture into long-term investment not short term because litecoin doesn't speed up like bnb and ethereum in terms of increment, I have know litecoin before I could know bnb but the project of bnb is growing more faster and more good than the technologies of litecoin, so it will be encouraging for people who want to invest in litecoin to make it longterm kind of investment and I believe when the increment of litecoin will manifest it will astonished many people.

Cryptoababe

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LTC will surely pump when the bull market come but I don't think the pump might be strong. Even my LTC and XRP pair on Bitget smart portfolio has been stable so far because there isnt much difference between the two in term of price movement. Hopefully, when the bull market comes, there will be big difference.

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There is a great opportunity ahead of those that will take their time to invest in LTC now, because the price is still low for both long term investors and short term investors to invest and hold for the price to increase higher. Many altcoins has started displaying some signs that gave many investors to look into the market very well to bring out some potential altcoins that will help investors to make a good income before the end of this year, and LTC was among the potential altcoins. If you look at the market very well, you will know that the price of LTC will not reduce more than this before it will increase higher to help investors to achieve a good income.

wxa7115

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There is no doubt that LTC could double or triple in value in the next two years, but that's a relatively modest profit compared to many other altcoins. Surely, many people are realizing this. However, the current price of LTC, in my opinion, carries more risk than the opportunity for substantial profit.

While 100% or even 200% in profits may seem like a good deal, we must not forget that litecoin is down 80% from its all time high, so anyone that invested at that level or at least close to it needs for litecoin to grow 350% or even 400% just to breakeven.

So it is natural there are many people that at this moment are doubtful about the potential litecoin may have of doing such thing, and speculate that litecoin holders may face a scenario similar than the one ripple holders had to face during the last 5 years.

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If Litecoin (LTC) is under $100 and people are saying its price could triple, then it might be worth buying. If you believe its value will rise, buying LTC could be an interesting investment. Well, how the cards fall, as always, you analyze one thing and another comes out...

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Quote from: icalical on November 12, 2023, 08:05:48 AM

I don't have the data but from what I have learned as an LTC investor, LTC was always late on a bull run, it will got it's bullrun few weeks after Bitcoin got the Bullrun much later compared to other Altcoins. So, for anyone who are only begin to get Litecoin, I guess they should be patient and wait.

Investing in cryptocurrencies requires patience, be it Bitcoin or AltCoin.Currently, the price of Bitcoin is increasing as the price of other coins is gradually increasing.
It can be understood by looking at the market that the light coin is currently pumping quite a lot.
Today when I was looking at all the coin prices I found that a litecoin went for like $73.The price of this coin was much lower even a month ago.I think this litecoin is the best to invest.

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Quote from: ?? on ??

valued at 197k satoshis, litecoin is breaking its all time-low versus bitcoin... imo this thing is dead and ready to find new, never seen lows.

Who said crypto was all about the price? It has always been about utility since day one. It's just that "Wall Street" entered the scene, and shifted away people's perception about crypto. Now almost everybody wants to get into crypto to make a quick buck. Not because they believe in the technology. Litecoin's blockchain is still alive and running, despite market prices taking a plunge. As long as it remains useful (especially with the low fees and fast confirmation times), nothing else matters.

The reason why LTC isn't "pumping" it's because investors are more inclined to coins with shiny-new features. Especially those with smart contract capabilities. I've said this many times already. You can see why ETH, BNB, and even Solana are "pumping" like crazy. The only exception (as being a single-purpose blockchain) is Bitcoin because it's the one cryptocurrency that started this craze. Just keep buying and "hodling" LTC over time. Maybe you'll get lucky someday? Grin

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Quote from: Questat on November 14, 2023, 10:16:02 AM

Quote from: icalical on November 12, 2023, 08:05:48 AM

I don't have the data but from what I have learned as an LTC investor, LTC was always late on a bull run, it will got it's bullrun few weeks after Bitcoin got the Bullrun much later compared to other Altcoins. So, for anyone who are only begin to get Litecoin, I guess they should be patient and wait.

This won't be the best option for impatient people otherwise, they will just sell them earlier.
And this is the reason why only a few people have the guts to invest in this project while the majority are into Bitcoin and some hyped projects because they think that LTC won't give a huge profit. I know that you know it but still you manage to keep it for the sake of not losing your money, that was really a huge support to the project. However, if we are practical investors, it is certain that we don't put money into a project that never gives us a satisfying return.

Yeah true, people who are a bit late usually end up not tending to wait and LTC goes up later than most. The reality is that, last time LTC got out of top 20 as well, I think I saw it bottom at 24th place, looking at it right now, it is 18th, and I have seen it go up as high as 11th as well. So as you can see, you need to be ready, during the bear run it is definitely one of the stronger ones and during one of the other bull runs the coins and tokens overcome it.

So you need to be careful, invest into whatever you want while you are waiting for bull run, and after the bull run starts and you make a profit, use that profit to buy LTC and you should be doing better, that is definitely a better way to make a profit.

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Quote from: icalical on November 12, 2023, 08:05:48 AM

I don't have the data but from what I have learned as an LTC investor, LTC was always late on a bull run, it will got it's bullrun few weeks after Bitcoin got the Bullrun much later compared to other Altcoins. So, for anyone who are only begin to get Litecoin, I guess they should be patient and wait.

This won't be the best option for impatient people otherwise, they will just sell them earlier.
And this is the reason why only a few people have the guts to invest in this project while the majority are into Bitcoin and some hyped projects because they think that LTC won't give a huge profit. I know that you know it but still you manage to keep it for the sake of not losing your money, that was really a huge support to the project. However, if we are practical investors, it is certain that we don't put money into a project that never gives us a satisfying return.

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Quote from: icalical on November 12, 2023, 08:05:48 AM

I don't have the data but from what I have learned as an LTC investor, LTC was always late on a bull run, it will got it's bullrun few weeks after Bitcoin got the Bullrun much later compared to other Altcoins.

Last bull run, it's actually late. Honestly, it did not that much during that bull run and anticipating that it's going to be something this upcoming bull run, I think that we might see that it move a bit but not entirely like a bull run that we're expecting.

Quote from: icalical on November 12, 2023, 08:05:48 AM

So, for anyone who are only begin to get Litecoin, I guess they should be patient and wait.

Well, they can choose other altcoins if they want to because with the movement that it has got seems to be not good at all for the past years.

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Quote from: adaseb on October 29, 2023, 01:08:39 AM

In my experience whenever you see Litecoin pumping it means the top is in the crypto market. I noticed this a few years back.

I think the way it works is bitcoin tops and the money flows into alts like Litecoin, then Litecoin pumps and usually it tops and the whales get into stables or fiat and it’s the top of the cycle.

So you don’t want Litecoin Pumping right now.

It's interesting to look at it from that perspective, which I never thought of. Yes, if that's it I wouldn't what its top to come up now. Let's enjoy the moment without it for now. I will join you to make my observation and see how it goes this bull season. For now, all I can say is that I'm indeed disappointed at its price. I also bought a few of it a few days to its halving but got the shock as price started declining immediately after halving till date it hasn't even crossed $90. I was thinking it would follow the path of Bitcoin that blossoms once its halving comes up.

Topic: Litecoin looking like sleeping gigant in this bull run season - page 2. (Read 765 times)