Topic: LTC follows the BTC trend (Read 546 times)
When the bull market begins, then Litecoin should grow faster than Bitcoin. I think that Laitcon's correction to Bitcoin may soon be over. I think many Litetcoin holders are waiting for this moment.
LTC always followed the Bitcoin. It's his copy, only faster. But I think with a full launch lighting newtork LTC will become completely irrelevant.
They do not follow the same trend. It's just that most altcoins are bought using the BTC or ETH trading parts. Hence they all have the similar price trend, almost all the time.
Yes , it's true , litecoin follow bitcoin chart but litecoin has never achieved a big bull run even when bitcoin was on fire so that demonstrate to us that litecoin is just a shade of bitcoin and without SEG they wouldn't have even the small bull run ...we all know litecoin has no real improvements and that's why no one talks about ltc anymore.
It seems an easy outlook .. To be successful do what successful people do... And I don't believe its only LTC but most other alt coins follow btc trends
Bitcoin market movement is very influential on the price of other coins. So that investors also see the development between their favorite coin with Bitcoin movement. I argue that rising Bitcoin prices last year kept investors now switching to buy their coins and hold them until the end of the year.
yeah at the currently most altcoins are connected to the Bitcoin, that means that the Bitcoin can pull them down or help them to go up in a bull market in the mid term
Well litecoin has been taking more of a hit than bitcoin but so far it does seem that the coin is following closely with the movement of bitcoin which is a good thing. But in the meantime lets not forget that litecoin has lost a lot of its value in the last couple of days so there is always the possibility that it might stop following the trend of bitcoin soon.
I'm not sure if that happens. not just ltc I think, almost all latcoins follow the trend of btc on the market. because we know btc has the power to move the market.
The only coin that follows bitcoin is ethereum and this time litecoin is the same as another altcoin because it has been getting a huge lost when the bitcoin comes to the bearish trend. COnsider ethereum is non security coin just like bitcoin and it makes sense to see ethereum will always have a better performance than another altcoin.
I'm not sure if that happens. not just ltc I think, almost all latcoins follow the trend of btc on the market. because we know btc has the power to move the market.
I feel like Litecoin is getting smashed a bit come than Bitcoin. I think the trend is dying. I'm not sure Litecoin will be a major player in the end. It's just not different enough to take over the king.
Not just LTC actually, almost all of altcoin follows bitcoin trend, it mainly because two things, bitcoin dominate the cryptocurrency market by more than 50% and there are still many altcoin that only has bitcoin pair but not fiat pair. Altcoin will stop following bitcoin trend when at most only 10% or less bitcoin on market, and most of altcoin already has fiat pair.
maybe not only LTC will take part in BTC. how many other coins can be said like that, considering BTC is the leader of the altcoin. BTC has become a real figure at this time.
It's not simply Litecoin, all coins right currently will in any case take after patterns with bitcoin. Be that as it may, this isn't a correct mirror, so some days bitcoin may go up, and Altos don't go up by any stretch of the imagination, maybe in light of the fact that individuals are moving from Altos to bitcoin.
I don't think so, maybe it's just a coincidence. Indeed, BTC affects other coins, so maybe at that time LCT also went up. because in Crypto currency too, the pattern used is the same as another coin.
Yes since BTC and LTC tradeable in 2011 , both coin has the same price action, but not only LTC following BTC but others altcoin like ETH, DASH, XLM etc. Price of crypto is going up and down by the same periode, and from this history of price action we should be have knowledge when best times to entry to the crypto market and when best times to exit to maximum the profit.
You are right, those cryptos have also the same supporters and believers this is the reason why those cryptos are increasing or decreasing at the same time, I am not sure on how far this cryptos can go.
Yes since BTC and LTC tradeable in 2011 , both coin has the same price action, but not only LTC following BTC but others altcoin like ETH, DASH, XLM etc. Price of crypto is going up and down by the same periode, and from this history of price action we should be have knowledge when best times to entry to the crypto market and when best times to exit to maximum the profit.
It is not so convincing for me, I believe that it is impossible for cryptocurrency to repeat the way of developin of the other one. Maybe they will have some similarities and it is all.
None of the coins follow BTC. It happens because the altcoins are purchased using BTC, hence this trend seems to follow.
Ltc seems to be quite promising now but I am sure tht it is not so competetive altcoin which will be able to survive later like Ripple. I will be looking for this alt.
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