Topic: Litecoin to the moon? - page 3. (Read 2052 times)

I was planning to invest in LTC, but I beted on Ethereum. I believe despite all that this is a more reliable option, although Litecoin is still growing in strength and can be very important in the world of Bitcoin next year.

Today Litecoin is gold and bitcoin is silver
https://coinpioneer.net/coin-guide/litecoin-description

I too check that, found around 150 US dollars change in couple of days. This is actually a amazing price move in the LTC price chart. My friend also last week bought a 4 LTC with his salary. I am really happy that he will also make some lumsum fund with the amount he invested.
Next to ethereum, litecoin only will grab the number three place and in future we may find the coin in the ltc platform too. This bump will make sure that is definite information.

I think it's important to realize that Crypto investment is still very very very small compared to other markets (gold, stocks, commodities etc)
There will be people who get rich off Litecoin and some other cryptos. Few people who are just now investing will get rich off Bitcoin. I mean even if you put $1000 in bitcoin, and it goes from 16k to 400k soon, you'd still only end up with $25k. And that's a big projection, it probably won't go that high anytime soon.
My point is, at this stage in the game, at least regarding bitcoin, you do have to have money to make money. You can still make massive gains, but with bitcoin the days of investing 100 or 1000 dollars and potentially becoming a millionaire are long gone.
Litecoin however, still may present that possibility. Maybe not, but it's definitely more possible with Litecoin.
Still most people aren't heavily invested. Keep in mind that 97% of people who are into bitcoin own less than a whole bitcoin. Only 3% own more than 1btc. So yeah a relatively small number of people might become super-rich. Not much different from current situation.
Even right now, with all the talk of bitcoin on TV, the average person is still not investing. The average person doesn't even invest in the stock market. Most Americans have no stocks. Bitcoin isn't going to change that. The fact is that most people just don't want to invest their money in things.
Even if we did have a bunch more rich people, the result would be using cryptos for fraction or maybe redefining it. Realistically when there is no more coins, the value would increase, and tinier and tinier amounts of the coin would have value. Something like maybe charging .00000000000000000000000001 bitcoin for a cup of coffee or something like that. Of course they might need to reconfigure it a bit to be usable properly, but it won't change everything overnight. The change would/will be gradual enough that it will all work out.

I'm so lucky i bought again some LTC a few days ago.
Today is a highlight! https://www.tokens24.com/coin/litecoin/

Wow, Litecoin shows a really good results. It has always been in my own list of perspective coins to invest, but I did not expected such sudden raise.
Now I am afraid and do not know if I need to invest more money in it. According to Charlie Le (creator of Litecoin) wrote in his Twitter such message :
Ok, sorry to spoil the party, but I need to reign in the excitement a bit...
Buying LTC is extremely risky. I expect us to have a multi-year bear market like the one we just had where LTC dropped 90% in value ($48 to $4). So if you can't handle LTC dropping to $20, don't buy!

After his words I do not want to invest more money and lose them one day. I will just hold the amount of LTC I already have.. Or sell some at the top.

it's a pity i can't go back in time and buy a crypto 

Ofcourse.
Same can be said about Ethereum too! 

Big year ahead.

Has anyone else seen LTCEUR > LTCUSD at coinbase?

Was really surprised today when opened Poloniex. Ethereum was expected to grow although thought it can be later this or next week. But LTC..... it was so stable over years generally. That's a fresh behavior of old friend.

add  litecoin to ur portfolio bcz i many peope see litecoin as the successor of bitcoin bcz of its ultra fast trasactions and lower trasfer fees, within a year we can break many more record.. lite coin is a very bit potential coin after bitcoin

Ya it's very surprising to see such a growth on LTC. LTC at $300 and ETH at $600. I can understand about ETH, but how come LTC jump so much! But in this tweet of Charlie Lee, he has himself said that after every bull race, there is a bear cycle. So invest wisely!!
https://twitter.com/SatoshiLite/status/940357341723082752

Do you think it's a best time to invest ? I think i'll wait for price cool down even price still rise up to $500, after that I only start to invest , maybe you can take a look short term trade and don't hold for long

Charlie Lee recently wrote that they are increase Litecoin marketing.
While Litecoin has updated the next high of the price, the creator of the crypto currency Charlie has issued a warning that in the future its price can be much worse.

Ok, sorry to spoil the party, but I need to reign in the excitement a bit…

Buying LTC is extremely risky. I expect us to have a multi-year bear market like the one we just had where LTC dropped 90% in value ($48 to $4). So if you can’t handle LTC dropping to $20, don’t buy!

— Charlie Lee [LTC] (@SatoshiLite)

Every crypto bull run I’ve seen has been followed by a bear cycle. The market needs time to consolidate. That’s just my experience from 7 years of watching this space.

How low and how long it will be is TBD. People need to be aware of this possibility and invest responsibly.

— Charlie Lee [LTC] (@SatoshiLite

The growth of Litecoin was associated with delays in the withdrawal of funds from Bitfinex.
Two days ago several users wrote that the withdraw in Litecoin are processed more quickly than in other cryptocurrencies, which could cause a sharp surge of interest in this asset.

I never expected Litecoin to get such a steady and continuous rise. I don't think it's too late to invest. I will start to accumulate slowly in the coming days.

Yes its going to pump more,hope it can go upto $500 usd to overthrow ethereum's ass i bought mine when it was $5 worth 1btc.

It's correct! LTC prices have risen sharply today! Great for those who are keeping LTC! Good luck

wow ltc now has reached 336 $, I have read this thread to find the answer, but still very confused what happened with ltc, can someone give me details?

Litecoin has risen a lot in the past month. Now everyone is curious about Litecoin and wants to have it.
Litecoin owners will continue to win