Litecoin looking like sleeping gigant in this bull run season - page 3.

wxa7115

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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.

If that pattern were to appear again then it is clear the tactic that investors must follow, which is to invest in bitcoin at first, and only once litecoin gives some signs that it was about to wake up and go up in value then investors could consider investing in litecoin at the time.

This strategy maximizes your profits as then you can use your bitcoin to buy more litecoin, which you can later use to get more fiat or bitcoin in return, depending on what you are looking for at the time.

icalical

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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.

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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

So true. LTC is extremely-undervalued compared to giants such as BTC and ETH. It's one of the oldest altcoins in existence with a proven track record of development and innovation. Developers went as far as adding "Mimblewimble" privacy technique to Litecoin. Not only the cryptocurrency is scarce like Bitcoin (only 84m units), but it's also faster and cheaper to use for day-to-day payments. A block time of 2.5 minutes makes this possible. This means LTC has greater transaction capacity than BTC.

Unfortunately, the majority are focused on other chains that are widely untested and extremely-centralized. Particularly coins with smart contract capabilities. BTC is the only coin without smart contracts that has the public's attention because it was the one that started the craze. Unless LTC comes with something that "blows investors' minds", don't expect it to gain traction anytime soon. At least, it's doing the job it's supposed to. As long as it remains decentralized and censorship-resistant, there should be nothing to worry about. Wink

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Quote from: Latviand on October 29, 2023, 01:17:46 AM

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.

Isn't what you described called the Altcoin season? When bitcoin finally hits the peak and everyone has finally taken their profit they go for altcoin to increase their profit by buying altcoins, isn't that how the altcoin season starts? I haven't been buying any altcoin in a long time, had my share of failures with bad altcoins that I just want to secure the long-term with bitcoin.

Sorry mate, I understand this feeling because every single of us have been there. This reminds me of the topic I talked about via this altcoin and how easily I get the ones that are favourably for me. I just hope this helps

https://bitcointalksearch.org/topic/m.63092909

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Quote from: Sophokles on November 09, 2023, 08:11:47 AM

People invest in altcoin because they want better ROI than bitcoin despite the higher risk they need to take. If bitcoin is performing better than some altcoin then what is the point of holding that altcoin by taking greater risk than bitcoin? This actually happens with the old narrative coin which usually doesn't perform better than its previous cycle. LTC's ATH was around 410$ in the last bull market so it needs to give at least 4X from that ROI which is around 1600$ to be attractive for investors. I don't think this will happen with ltc this cycle.

Litecoin is middle ground for those people, it is something that is riskier than bitcoin, but not some shitcoin that could 10x neither. It is something that is decent and could be very well, it has to be something that we care about at all times.

I think it should be important to note that we are talking about something that could make sense on the long run and because of that we need to invest into something that is more like ETH or BNB or LTC because those are still riskier than BTC if you think about it, but they are still not x10 type of risky shitcoins neither. Litecoin is lower than the other two, so it has a bigger potential, people could see it becoming fourth top coin, after btc and eth and bnb, so they invest.

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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

For me, it was not a sleeping giant but that is really how LTC moves, it was not fast nor too slow, yet can still be trusted. However, it never gains too much interest because of its profit return making investors choose other altcoins. Though I see the long-term potential of Bitcoin, we need to be more practical these days as holding for many years with this project seems to be not a good idea either because, on the other side, we miss some opportunities with the other projects.

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Quote from: wxa7115 on November 07, 2023, 10:23:59 PM

Quote from: Sophokles on November 05, 2023, 07:21:33 AM

Reaching $100 from its current price is not that appealing for an investor. Investors are waiting for more than 2 years to make a profit from the upcoming bull run. If i am getting only 2X from my investment after waiting this long period then what is the point of investing in the crypto market by taking huge risks? Even the minimum ROI from bitcoin in the upcoming bull run is expected to be above 3.5X to a maximum of 5X. So bitcoin is a better option in this case.

You nailed it, it is almost a given that investing in one of the top altcoins will produce profits once the bull market appears, but if their performance is below than what we can expect out of bitcoin then why hold those altcoins?

So for the risk taken altcoins need to give a better ROI than bitcoin and if not then there is no point on holding them, and probably the coin in which this is the most obvious is XRP, in which their investors have waited more than 5 years already and there is no guarantee a new ATH may be reached.

People invest in altcoin because they want better ROI than bitcoin despite the higher risk they need to take. If bitcoin is performing better than some altcoin then what is the point of holding that altcoin by taking greater risk than bitcoin? This actually happens with the old narrative coin which usually doesn't perform better than its previous cycle. LTC's ATH was around 410$ in the last bull market so it needs to give at least 4X from that ROI which is around 1600$ to be attractive for investors. I don't think this will happen with ltc this cycle.

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Quote from: Sayeds56 on November 05, 2023, 04:31:30 AM

The rise in price of crypto currencies before the halving event and subsequent fall afterwards is a normal phenomenon in crypto space. However, your observation that now there are now more advanced projects with robust use case compared to Litecoin is quite valid which doesn't have much to offer to its investors. This has led Litecoin gradually losing its appeal among investors. Technically speaking, there is still potential for Litecoin to reach or even exceed $100 during the next bull run.

There's specifically no amount that will change my strategy towards altcoins next season, I've learn to always stick to my plans after I got my trading account liquidated, lost few significant figures. Most of these altcoins are overhyped and when it's bull season, they failed to shoots to the moon when other altcoins are making important moves. Most of these altcoins have remain dormant just as TRONs which is currently used as gas fees for most crypto transactions. Litecoin is classified under altcoin in the space, there are several moves made by this project, though Litecoin is considered to be a promising project, after surviving the heavy bearish season that crumbled most altcoins in the market.

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Quote from: Sophokles on November 05, 2023, 07:21:33 AM

Reaching $100 from its current price is not that appealing for an investor. Investors are waiting for more than 2 years to make a profit from the upcoming bull run. If i am getting only 2X from my investment after waiting this long period then what is the point of investing in the crypto market by taking huge risks? Even the minimum ROI from bitcoin in the upcoming bull run is expected to be above 3.5X to a maximum of 5X. So bitcoin is a better option in this case.

You nailed it, it is almost a given that investing in one of the top altcoins will produce profits once the bull market appears, but if their performance is below than what we can expect out of bitcoin then why hold those altcoins?

So for the risk taken altcoins need to give a better ROI than bitcoin and if not then there is no point on holding them, and probably the coin in which this is the most obvious is XRP, in which their investors have waited more than 5 years already and there is no guarantee a new ATH may be reached.

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Quote from: Sayeds56 on November 05, 2023, 04:31:30 AM

Quote from: Sophokles on November 01, 2023, 02:59:03 PM

LTC hype faded after its halving. There was a time when this bitcoin-inspired project created a massive community. Many investors invested in those projects thinking they were superior to bitcoin and would perform better than bitcoin in the long run which didn't happen. There are so many better alternatives in the market and they have massive larger following than these old project and developers and investors are more interested in the new project.

The rise price of crypto before the halving event and subsequent fall afterwards is a normal phenomenon in crypto currencies market. However, your observation that now there are now more advanced projects with robust use case compared to Litecoin is quite valid which doesn't have much to offer to its investors. This has led Litecoin gradually losing its appeal among investors. Technically speaking, there is still potential for Litecoin to reach or even exceed $100 during the next bull run.

Reaching $100 from its current price is not that appealing for an investor. Investors are waiting for more than 2 years to make a profit from the upcoming bull run. If i am getting only 2X from my investment after waiting this long period then what is the point of investing in the crypto market by taking huge risks? Even the minimum ROI from bitcoin in the upcoming bull run is expected to be above 3.5X to a maximum of 5X. So bitcoin is a better option in this case.

Sayeds56

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Quote from: Sophokles on November 01, 2023, 02:59:03 PM

LTC hype faded after its halving. There was a time when this bitcoin-inspired project created a massive community. Many investors invested in those projects thinking they were superior to bitcoin and would perform better than bitcoin in the long run which didn't happen. There are so many better alternatives in the market and they have massive larger following than these old project and developers and investors are more interested in the new project.

The rise in price of crypto currencies before the halving event and subsequent fall afterwards is a normal phenomenon in crypto space. However, your observation that now there are now more advanced projects with robust use case compared to Litecoin is quite valid which doesn't have much to offer to its investors. This has led Litecoin gradually losing its appeal among investors. Technically speaking, there is still potential for Litecoin to reach or even exceed $100 during the next bull run.

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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

With reference to LTC/USD 4 hour timeframe the coin had been ranging in the past few weeks, an experience trader would have bought at the lowest price level of the range i.e whenever the price reverses to that zone another opportunity would be evolve thus using DCA appropriately an investor must have accumulated much LTC at a very good low price before the sleeping giant wakes up, presently it price has broken out of the range with a likely bullish run from $70 to $87 the next resistance.

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Quote from: Hamza2424 on October 28, 2023, 01:01:19 PM

I had booked some decent gains in the LTC before its halving rally but I'm not currently Bullish on it I'd prefer Bitcoin at the current time, still I'm looking for a good time to re-enter the LTC as well we can expect some good return in the coming up market momentum due to the Bitcoins massive moves.

Well t speculate the mentioned gains LTC don't need any expert analysis here we can easily speculate such profits jus from the basic Long term price movement analysis. The figures can even go higher but in recent times my only hope is Bitcoin.

Close with halving last two months ago, Litecoin success raised above 110$ but after halving price dropped drastically and difficult raise above $70 although on bull run season when bitcoin success raising above $35k. I don't know why most difficult raise up to higher price for Litecoin only due several altcoin success reached to higher price when bull run season actually after bitcoin going up to higher price. I have watched with Litecoin price not really good progress, keep going dump and stuck under $70 almost one month, looks need more than one year later to see Litecoin will back above $100 or touch to their all time high above $350.

Hope with magical when closing with bitcoin halving can give positive impact with Litecoin will back to higher price exactly raise up above $300 due its good price for potential altcoin such as Litecoin.

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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

Litecoin is known as an established cryptocurrency, and it can feel like it is in a global situation. It may provide some new technologies and perspectives and continue alongside institutional cryptocurrencies. If you have opted for this medium, you can stay in safe hands and profit through private debate. Cryptocurrencies that exist alongside Bitcoin are commonly referred to as "altcoins". If you register with other cryptocurrencies outside of Bitcoin, you can try it with low risk or high profit earning. However, this process can always bring risks, as it can be dangerous. If you want to make this kind of secure offering, it is important to register a trusted and accurate exchange platform Bitcoin.

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Quote from: Publictalk792 on November 01, 2023, 03:50:15 AM

Basically it gains 30% due to its halving and no one know exactly which coin will perform well and will gain much in the bull season. If you grab at this time any of the top 100 coins so you will book a decent profit amount in the next bull season. So not even LTC you should grab more coins as you can. This will give you more profit instead of investing Only in one coin.

Really? Then, this is another proof that halving really works on improving the price of a crypto because there are still people who are in doubt of it. LTC is done but its positive effect might still continue. Lucky for those who bought early but for those who are late, they can still catch up before the price explodes more.

In the bull season, almost all great and functional coins are the ones who can perform well. I won't say those coins are all in the top 100 so let's be careful when investing. And since we are already talking about the halving here, another crypto that is said to have it is Bitcoin. I say it again for those who are not yet aware. We still have a time left peeps, so better grab yours copy now or regret later on.

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Quote from: kotajikikox on November 01, 2023, 02:49:49 AM

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

This is one of the currency I first hold back when I was new to cryptocurrency world, though I first bought Bitcoin but since it has good price i keep using mine but Litecoin stays in my wallet , but after 2017 when litecoin starts really bad shape ? i let go and convert my coins into Ethereum and Bitcoin with some small coin and did not come back to Litecoin investment.
saying it is sleeping giant seems promising but expectation always against reality so I would rather put my money in more safer and good coins .

Reasonable and interesting sir, if I may know the first time you bought at what price? is the current condition better than the year you bought litecoin first? you choose the right coin to last long term I think there has grown quite high from ethreum and bitcoin right? unfortunately in the past I only relied on bounties from forums and sold to that coin as a stepping stone, litecoin is very cheap for fees and it is not difficult to find trading pairs also in 2017 it is a kind of ponzi accepting lite coin as a priority between the two coins, this option makes it easy for daily transactions and minimal withdrawals for local exchangers though, if possible I would like to buy litecoin again even if it is only 5$ or regular, and like it is worth it for the insvest long term.

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Quote from: goldkingcoiner on November 01, 2023, 02:18:02 PM

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

LTC has a reputation for unexpected pumps but unfortunately the LTC pumps are rare. LTC seems to be dwindling out of existence slowly but surely. Between being one of the top 20 popular crypto and steadily losing its fans, I think we should see something exciting happen to Litecoin soon. But it used to be top 10 and even top 5 on coinmarketcap before that. So what happened?

I think it lost its appeal since there are much better third gen crypto alternatives that can do everything and more that LTC can do.

And how often do you hear about Litecoin in the news? Not so often, it seems. Huh

Its clear that Litecoin's shine has faded. It used to be a strong contender, sitting in the top 5 on coinmarketcap. Why? There is a lot of competition in the crypto space, and third-generation cryptocurrencies have come on strong with features that make them stand out from what LTC used to stand for.

Keep in mind that Litecoin is still a good coin. Yet, people are leaning toward Bitcoin. When gold is calling, why settle for silver? Even though there may not be many LTC pumps or news stories about them, we need to ask: Doesnt rare lead to a resurgence? People say that time shows everything.

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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

I think it is pretty much a given that if you invest in litecoin now you can obtain some profits if you hold your coins until the next bull run, the question that is more difficult to answer is if it is the right altcoin to hold compared to the growth we can expect out of other coins?

Just as a point of comparison, ETH is down 61% from its ATH while LTC is down 82%, this tells me there is a higher and faster recovery for a coin like ETH than what I see with LTC, and if that is the case I would expect this trend to continue, so I would prefer to buy ETH over LTC.

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Quote from: TheUltraElite on October 31, 2023, 09:33:26 AM

Quote from: sunsilk on October 31, 2023, 04:11:50 AM

How many times it is going to pump? IMHO not that much anymore. If it is going to peak to around $300 then it is not that much anymore. Yeah, Litecoin is known, old and one of the reputed altcoins in the market.

Has there been much development? No. Is the community still active? No. But they are willing to make a move if development occurs. At this point they seem dead, but they can be revived. Because without popularity, there will be not be mainstream adoption and without that its downward vicious cycle.

Yeah, no development anymore and it's just only breathing and continued because of the support and demand from its established community. If Charlie Lee decides to go back on it, yeah.. it's possible that there will be a continuous development.

Quote from: TheUltraElite on October 31, 2023, 09:33:26 AM

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But as of this age, the trend changes and investors are trying to find something that has the potential and if they do not find the one, they go back to the usual old ones.

The new investors will look for utilities and uses and if they dont find any they will move on and not baghold unlike the existing ones.

Right, they're going to find the better ones that has use case and active development. Although it's amazing to see that litecoin keeps on moving on and I think this is the perk when a project has been established for a long time and at least maintained its composure by its community.

Quote from: TheUltraElite on October 31, 2023, 09:33:26 AM

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Litecoin can be that one other choice but there is more likely that Bitcoin is always the safest place for most of them all.

True, but I like having some thing of a silver to bitcoin. Ethereum has taken that place but Litecoin is another coin to hope for.

I agree, Litecoin has been said to be the silver of Bitcoin but if we're going to look at its position now. ETH has taken over that spot and has been stable staying there for a long time.

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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

Frankly speaking I don't have any idea on altcoins and the only coin I know is bitcoin and from what I am seeing here diversification of investment will be nice one to go about it. But the problem I will face is how to get the wallet and where to get the litecoin that I will directly send the coins to the wallet. Can some drop the links to get the wallet and also the link to buy it direct to the wallet? I have sent the name or the project before but was not having the interest for it.

I will like to use some of the altcoins to see how good they are in the cryptocurrency ecosystem.

Topic: Litecoin looking like sleeping gigant in this bull run season - page 3. (Read 765 times)