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Topic: Litecoin or Silver? - page 2. (Read 286 times)

legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
October 29, 2024, 08:45:43 PM
#14
Honestly silver is my preferred choice if I'll only be given 2 choice which is litecoin or silver.

I personally if I want to invest into crypto it's either BTC or any other alts that are trending, because I want to purse where the money go, litecoin I don't think is good enough investment in my book since if I can invest in litecoin might as well invest in BTC, it's just better.

as for silver, I got the benefit of steady growth I guess, though speaking about the potential profit, it falls short compared to bitcoin by significant amount.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
October 29, 2024, 06:09:13 PM
#13
Why do we oftentimes try to tie the price of visible assets like gold and silver to virtual asset as cryptocurrency, those traditional assets have been in existence for God knows how long and this Virtual assets are almost bearly UpTo a decade or at most going for two decades for them, and despite their rapid price appreciate a d popularities with in the short period of their existence, Bitcoin still varies from gold in so many ways and their both can't be compared, same with Litecoin and silver.


Iif I have to make a choice as for which between silver and Litecoin to hold for ling term sake, then I will definitely go for the virtual asseta such as Litecoin and Bitcoin knowing fully well about the risk in such investment.

The future is digital. That means physical assets such as Silver and Gold will no longer be relevant in a digitized world. LTC will become the next "Silver", while Bitcoin will become the next "Gold". These precious metals will lose investor appeal as they focus on industrial use cases. I'd choose LTC over Silver anytime. But there's nothing wrong by buying and holding both assets. To each their own preference.

If LTC grows in correlation with BTC, it might reach a price of $1k (assuming BTC hits $1m) in the future. The sky is the limit to how high Litecoin will go. It's an undervalued cryptocurrency waiting to blossom someday. Who knows what surprises we'll find in the long run? Smiley
hero member
Activity: 3108
Merit: 577
Leading Crypto Sports Betting & Casino Platform
October 29, 2024, 04:53:29 PM
#12
The title says it all. Which of these assets you prefer? And why? I'm comparing both since Litecoin used to be called "Silver to Bitcoin's Gold". Knowing that LTC is scarce (only 84m coins will ever be mined), it might live true to its name someday. In case you didn't notice, Litecoin is worth 1/1000th the current price of a Bitcoin. Almost the same as Silver vs Gold (Silver is almost 1/100th the price of Gold).

Your input would be greatly appreciated. Thank you. Smiley
Can I have both of them? It's wise to have both of them to be honest. I know that Litecoin isn't that much fluctuating at all even though there have been times that bitcoin has moved on few new ATHs. Silver is fine and it has the physical touch, being tangible makes it better if you're a conservative and the typical investor. There's no need for me to choose if I can have both of them, maybe a 50/50 division of my budget for both of them is going to give me a good diversification if I want to allocate one for Litecoin and the other for silver since I don't own it yet.

i believe in having both silver and ltc and btc and doge.

gold is okay but only 1 oz bars from costco. that I purchased and have the receipt. (This is due to gold counterfeiting)
I want to have gold too but I think that the money that I'll allocate there is better if I keep it on BTC. That's how I move things now, from asset to asset. So if I have to buy some other new assets, it will be from the other assets that I have like in BTC. Selling btc right now is probably good but I've learned from my mistake and I'll wait longer. Diversifying with all of those that you've said is a good decision.
hero member
Activity: 1008
Merit: 520
Leading Crypto Sports Betting & Casino Platform
October 29, 2024, 04:47:14 PM
#11

i believe in having both silver and ltc and btc and doge.

gold is okay but only 1 oz bars from costco. that I purchased and have the receipt. (This is due to gold counterfeiting)
Having them all is best form of not having your eggs in one basket, because why do I need to choose one among them when I can have them all, really I have hard a few kilos of gold as an alternative to my Bitcoin holdings, and hearing about gold counterfeiting makes me goosebumps grow around my skin, because truly I don't know how I will feel when what I have as gold is not original but a counterfeit.

This is why holding Bitcoin is still far more better than any traditional assets like gold and the reason is the security of the assets and the ease of getting Bitcoin as against the many risk of traditional assets like gold.
legendary
Activity: 4256
Merit: 8551
'The right to privacy matters'
October 29, 2024, 02:52:46 PM
#10
The title says it all. Which of these assets you prefer? And why? I'm comparing both since Litecoin used to be called "Silver to Bitcoin's Gold". Knowing that LTC is scarce (only 84m coins will ever be mined), it might live true to its name someday. In case you didn't notice, Litecoin is worth 1/1000th the current price of a Bitcoin. Almost the same as Silver vs Gold (Silver is almost 1/100th the price of Gold).

Your input would be greatly appreciated. Thank you. Smiley
Can I have both of them? It's wise to have both of them to be honest. I know that Litecoin isn't that much fluctuating at all even though there have been times that bitcoin has moved on few new ATHs. Silver is fine and it has the physical touch, being tangible makes it better if you're a conservative and the typical investor. There's no need for me to choose if I can have both of them, maybe a 50/50 division of my budget for both of them is going to give me a good diversification if I want to allocate one for Litecoin and the other for silver since I don't own it yet.

i believe in having both silver and ltc and btc and doge.

gold is okay but only 1 oz bars from costco. that I purchased and have the receipt. (This is due to gold counterfeiting)
sr. member
Activity: 546
Merit: 309
October 29, 2024, 02:52:39 PM
#9
The title says it all. Which of these assets you prefer? And why? I'm comparing both since Litecoin used to be called "Silver to Bitcoin's Gold". Knowing that LTC is scarce (only 84m coins will ever be mined), it might live true to its name someday. In case you didn't notice, Litecoin is worth 1/1000th the current price of a Bitcoin. Almost the same as Silver vs Gold (Silver is almost 1/100th the price of Gold).

Your input would be greatly appreciated. Thank you. Smiley
Crypto is certainly more profitable than other investments. the two investments you mentioned are both seen as much less volatile. The rate of increase in the price of silver is very low and it is very unlikely that it will be worth much in the future. so in that case Litecoin is much more profitable and its price does not drop much due to which there is not much possibility of loss here. But since investing in crypto is risky, you have to be different here with this responsibility.  But if you invest in silver, your investment will be safe even though the profit margin is less
member
Activity: 239
Merit: 59
a young loner on a crusade
October 29, 2024, 02:33:34 PM
#8
Litecoin for buying online, silver for my grandma's dinner on Sunday evening.
legendary
Activity: 3262
Merit: 1614
#1 VIP Crypto Casino
October 29, 2024, 02:23:50 PM
#7
If I am offered the chance to buy Litecoin or Silver I think I have a difficult choice. I’m not a big fan of either asset but I think I’d probably go for Silver. You might make more profits with Litecoin but they are less guaranteed than with Silver which has a long track record of price increasing as time goes on.
legendary
Activity: 3080
Merit: 1500
October 29, 2024, 01:25:41 PM
#6
The title says it all. Which of these assets you prefer? And why? I'm comparing both since Litecoin used to be called "Silver to Bitcoin's Gold". Knowing that LTC is scarce (only 84m coins will ever be mined), it might live true to its name someday. In case you didn't notice, Litecoin is worth 1/1000th the current price of a Bitcoin. Almost the same as Silver vs Gold (Silver is almost 1/100th the price of Gold).

Your input would be greatly appreciated. Thank you. Smiley

If you really want to get benefited from the price increase of precious metals like silver, prefer that only. Light coin is a cryptocurrency which is not hugely popular even though it's very old. So I would suggest you to buy digital silver or any silver ETF.

Silver has shown phenomenal price increase since last decade. And with the applications of silver into the electronics and chip industry, it is expected to grow even faster. So jump on to the band wagon without wasting time.
hero member
Activity: 3108
Merit: 577
Leading Crypto Sports Betting & Casino Platform
October 29, 2024, 09:03:51 AM
#5
The title says it all. Which of these assets you prefer? And why? I'm comparing both since Litecoin used to be called "Silver to Bitcoin's Gold". Knowing that LTC is scarce (only 84m coins will ever be mined), it might live true to its name someday. In case you didn't notice, Litecoin is worth 1/1000th the current price of a Bitcoin. Almost the same as Silver vs Gold (Silver is almost 1/100th the price of Gold).

Your input would be greatly appreciated. Thank you. Smiley
Can I have both of them? It's wise to have both of them to be honest. I know that Litecoin isn't that much fluctuating at all even though there have been times that bitcoin has moved on few new ATHs. Silver is fine and it has the physical touch, being tangible makes it better if you're a conservative and the typical investor. There's no need for me to choose if I can have both of them, maybe a 50/50 division of my budget for both of them is going to give me a good diversification if I want to allocate one for Litecoin and the other for silver since I don't own it yet.
copper member
Activity: 56
Merit: 1
October 29, 2024, 02:34:07 AM
#4
I can not go for silver or litecoin. I do not like how slow the price of silver is moving, unlike how gold price moved so significantly. Also I can not take litecoin when there is bitcoin. Bitcoin is about to get to all-time high again but litecoin is many miles lower than its all-time high. I have stopped checking litecoin price since many months ago when I noticed that it is not rising as I expected it to rise.

So, is the volatility of an asset such a marker for you?
It made some moves in 2024 earlier, however, now it's moving sideways all the time  Grin
legendary
Activity: 1050
Merit: 1292
Lightning network is good with small amount of BTC
October 29, 2024, 02:22:26 AM
#3
I can not go for silver or litecoin. I do not like how slow the price of silver is moving, unlike how gold price moved so significantly. Also I can not take litecoin when there is bitcoin. Bitcoin is about to get to all-time high again but litecoin is many miles lower than its all-time high. I have stopped checking litecoin price since many months ago when I noticed that it is not rising as I expected it to rise.
hero member
Activity: 826
Merit: 481
October 28, 2024, 06:05:05 PM
#2
Why do we oftentimes try to tie the price of visible assets like gold and silver to virtual asset as cryptocurrency, those traditional assets have been in existence for God knows how long and this Virtual assets are almost bearly UpTo a decade or at most going for two decades for them, and despite their rapid price appreciate a d popularities with in the short period of their existence, Bitcoin still varies from gold in so many ways and their both can't be compared, same with Litecoin and silver.


Iif I have to make a choice as for which between silver and Litecoin to hold for ling term sake, then I will definitely go for the virtual asseta such as Litecoin and Bitcoin knowing fully well about the risk in such investment.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
October 28, 2024, 04:54:54 PM
#1
The title says it all. Which of these assets you prefer? And why? I'm comparing both since Litecoin used to be called "Silver to Bitcoin's Gold". Knowing that LTC is scarce (only 84m coins will ever be mined), it might live true to its name someday. In case you didn't notice, Litecoin is worth 1/1000th the current price of a Bitcoin. Almost the same as Silver vs Gold (Silver is almost 1/100th the price of Gold).

Your input would be greatly appreciated. Thank you. Smiley
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