Litecoin looking like sleeping gigant in this bull run season - page 5.

abel1337

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Quote from: Squaremile777 on October 28, 2023, 10:11:18 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 solid community over the years and proven to be a good coin to have but time changes and technologies evolves. The chances of LTC being over shadowed by other altcoin is much higher now given that people are finding new tokens that has a potential to be greater than LTC. The coin community is gradually lesser than it's first bull market, I think that when the bull market arrives, we can expect lesser traction on it's price. I don't hate LTC but I think that newer tokens is better and has a greater potential for us to make much more profit.

Fundamentals Of

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LTC is one solid altcoin. If there are a few altcoins that I am willing to keep for a while, it would surely include LTC. It isn't like the majority of altcoins that are popular right now. They are mostly popular due to hype. But this kind of popularity won't last.

LTC has been around for many years and it remains dependable. LTC is one of the those few altcoins that actually have use-cases. In times when the fee of Bitcoin is too expensive, LTC is the coin to go. I have no doubt that LTC will get back to its ATH. That's more than 300% from its current price.

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Quote from: sunsilk on October 31, 2023, 03:11:50 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.

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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.

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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.

Still waiting for the OP to declare who the "experts" were.

sunsilk

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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.

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.

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

Text

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Almost all coins today are bullish due to the Bitcoin uptrend; it's always been like this, even in past similar scenarios. It can't be denied that there's a positive outlook for LTC, and it's expected to gain value, likely because of its strong fundamentals and its fast and reliable network. People are anticipating its upcoming 3rd halving, which is probably why it's getting attention now, like Bitcoin.

edmundduke

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I really dont think the "rock" will go on a huge run this time. The only thing going for it is age and people know the name, other than that, i really dont see any hype behind it. If BTC starts really rushing up then it will drag everything with it, but that doesnt mean the other coins are good

SquirrelJulietGarden

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Quote from: danherbias07 on October 29, 2023, 06:38:03 AM

I am still down with LTC, I got mine at $80 per piece and still waiting for the pump to happen. I did expect it to make an upward run after Bitcoin did or during the time it was climbing up but not much really happened. It only gained $3 - $4 which was not decent enough to take back the losses that happened mid-August of this year.

I can not say what will be a next top of Litecoin in 2024 and 2025 bull run for altcoin market but I believe its price will be higher than today price. If you sell your Litecoin today, you have considerable loss from your entry at $80. Fortunately if you hold your Litecoin till next year or next two years, I believe you will not only see $80 price but much higher price than that. Then you will have chance to take profit, no loss at all.

Hold your Litecoin.

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But I am not giving up on this yet, I will patiently wait for its return and I think it can possibly be dragged up when the BTC ETF is approved. Litecoin is still used in a lot of places, especially in the gambling industry. So yes, I will probably just wait longer but it will be a fruitful one at the right time.
Well, it's not like there are good choices of coins out there. I think Litecoin is still one of the best.

Litecoin is one of oldest and strongest altcoins and it was in Grayscale list of their invested cryptocurrencies too.

https://www.grayscale.com/crypto-products/grayscale-litecoin-trust

Bananington

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One premise that is ignored in this Litecoin being the sleeping giant, is that, All Cryptocurrencies exist for a particular reason. Bitcoin exists as an alternative to money, ETH does same but serves more in terms of minting NFTS and the likes.

What was on the white paper of the Litecoin? What's their vision and mission as regards why they exist?
What vwas the original idea as to why the founders initiated the Litecoin idea, is what should be considered, because I believe it's in the direction of the vision already clearly writing and can be understood, that they operate.

No sleeping giant saga, I just believe it's their vision and goals as a company that defined their spot currently.
The bull run is the bull run and although the potential for LTC to bounce back may be certain, the issue now that crypto enthusiasts/investors/traders are focused on is which is a more profitable crypto to invest in right now with the best return. I don't think so many people know about LTC as much as BTC or ETH or even USDT. The aforementioned coins are more rewarding coins in this bull run with a bit more stability and demand.

DVlog

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There was a time when LTC was in the top 10 but now there are a lot of better performing projects that have a larger community than LTC. I think projects like LTC, ETC, EOS lose their golden time and their purpose. There are projects that are ahead of all these projects in every aspect and are also in the limelight. So it is either BTC, ETH or any other major altcoin that we should be more focused on. LTC, ETC, EOS like projects won't do any miracles any more. They will give their holders profit but it won't be like those new scaling solutions.

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Quote from: Squaremile777 on October 28, 2023, 10:11:18 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 have been trading Litecoin since 2022 till date if you compare the performance with other coins, the price has been fair, and if you take into account the FTX contagion that affected the performance of other coins, where we saw some coins drop 70%-90 in price, but Litecoin has recovered part of it loses and has maintained a fair value. For quite some number of years, Litecoin has maintained an intrinsic value of $50 and currently trading around $68, So it a very good buying opportunity.

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The privacy enhancements associated with litecoin make the possibility of listing it on more CEXs in the future a problem, but I see it as a good opportunity if privacy increases its value. can say that this is the main reason for the price not reacting at the present moment or in the current cycle, but things will change dramatically after several years. LTC halving occurred several weeks ago, and we will trade for several months before the price jumps forward. price will change slightly after 4 months.

source https://coindcx.com/blog/cryptocurrency/litecoin-halving-2023/

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Quote from: Squaremile777 on October 28, 2023, 10:11:18 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 can also say the same thing towards other top altcoins as well. What's the point of this thread then?

I can say as well that "A coin called PEPE can be a sleeping giant therefore, it's price might go up x100 on the bull run." I said that, but I don't have any proofs, or evidences to back it. It's the same here. You are just sharing your opinion, but you have nothing to back it up. Well, holding some for the upcoming bull run might be a good option but I don't recommend holding it for the long term knowing that there are little to no updates on the development of the project.

tjtonmoy

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Quote from: Squaremile777 on October 28, 2023, 10:11:18 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

And who are those experts? I don't care who says what about anything. As long as it's not my analysis and prediction, I don't care. Have you done your research? And what does it say? And every bull run season there is a time when only Bitcoin thrives. It is the season of Bitcoin. So it is wise to focus on Bitcoin for now. And when it's done, then comes the time for the altcoins. Everything has a time and you need to search for the perfect opportunity.

The crypto market nowadays is affected by sentiments. People have created a connection with all the other coins with Bitcoin. So the market moves the same way Bitcoin does. It will not be perfect, but a bull run in the Bitcoin market could create a bull run in the whole crypto market. So wait for Bitcoin to reach the peak and then you can focus on other things if you want the maximum profit.

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I am still down with LTC, I got mine at $80 per piece and still waiting for the pump to happen. I did expect it to make an upward run after Bitcoin did or during the time it was climbing up but not much really happened. It only gained $3 - $4 which was not decent enough to take back the losses that happened mid-August of this year.
But I am not giving up on this yet, I will patiently wait for its return and I think it can possibly be dragged up when the BTC ETF is approved. Litecoin is still used in a lot of places, especially in the gambling industry. So yes, I will probably just wait longer but it will be a fruitful one at the right time.
Well, it's not like there are good choices of coins out there. I think Litecoin is still one of the best.

SquirrelJulietGarden

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Quote from: Hamza2424 on October 28, 2023, 12:01:19 PM

I had booked some decent gains in the LTC before its halving rally

Litecoin increased from under $60 to nearly $120 before its halving but after the halving months ago, it dropped deep enough and today its price is not too much higher than before its mini bull run before halving.

I still consider Litecoin as one of my favorite altcoins for next two years. It is a Proof of Work coin that is safer than smart contract coins.

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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.

I agree that it is safer to add it in your watch list and spend money in Litecoin in a next year, like around April or May. But in last two months of this year, I think it makes sense if you can take a bit of risk, to invest in Litecoin and speculate profit in last two months of this year. When capital flows out of Bitcoin, it will find other assets among altcoins and Litecoin can be lifted up.

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So anyway, I applied as a merit source :)

Quote from: Squaremile777 on October 28, 2023, 10:11:18 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.

Who are these self-proclaimed "experts" - even I can be one if I wish to Grin

LTC is a better alternative than ETH, even though things have been so ETH has been second to BTC and LTC has trickled down the top list and is trading at much lows last month. But relying on someone who says that 300% gains are coming, I would take that with a bag of salt.

It is possible that after this bitcoin bull run, the prices will rise, but instead of going for the short term flip, LTC is a candidate for long term gains, so focus on that.

Lakai01

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Quote from: Squaremile777 on October 28, 2023, 10:11:18 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

No one can know and is pure speculation, personally I would have a few other candidates that could perform really well in the upcoming bull run, including AVAX and KASPA.
But here as a short side note because you explicitly mentioned it: Never rely on the opinion of "experts", they usually know as little as we do, but want to sell you their own coins or coins they have in their portfolio.

However, better-known crypto influencers like CoinBureau don't shill their own bags, so it's okay to watch them, even if it's more for entertainment purposes. He's also been wrong enough times with his predictions.

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Quote from: adaseb on October 29, 2023, 12:08:39 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.

adaseb

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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.

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Quote from: Squaremile777 on October 28, 2023, 10:11:18 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

All the so-called expert only make market price prediction mathematically and that don't work in the cryptocurrency market.
Don't forget the golden rule of the market which is always Dyor and don't base your investment decision on naive expert prediction. If LTC barely makes a good surge in price after it's halving.
What guarantees it 300%?

Topic: Litecoin looking like sleeping gigant in this bull run season - page 5. (Read 791 times)