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Topic: New Idea to invest my $41,000 dollars - Litecoins to convert in Bitcoins - page 2. (Read 7942 times)

full member
Activity: 235
Merit: 102
Litecoin is dead, i would advice to stay away from it, as well as the other altcoins.

I would go that far and called Litecoin dead.

There will always be supporters no matter how obscure it will become.

legendary
Activity: 1106
Merit: 1005
Litecoin is dead, i would advice to stay away from it, as well as the other altcoins.
full member
Activity: 176
Merit: 100
i would suggest LTC is a bigger risk - it's been on a downtrend as alot of new alts eat away at its market cap
but if you are right you your bigger risk would mean bigger returns
personally i sold all my LTC & i'd recommend BTC to you or even as much as people will disagree look at some other alts if you just want to flip for profit - its likely certain altcoins will increase by the amount you are looking for as an example my recent choice is Cinni Coin- it's got Encrypted Messaging,Invoicing and a chat box in the wallet and plenty of room for growth in the price

LTC has been going downtrend since it hit new high in December. With no new innovation and no usage, hard to see the coin have any value.

full member
Activity: 144
Merit: 100
i would suggest LTC is a bigger risk - it's been on a downtrend as alot of new alts eat away at its market cap
but if you are right you your bigger risk would mean bigger returns
personally i sold all my LTC & i'd recommend BTC to you or even as much as people will disagree look at some other alts if you just want to flip for profit - its likely certain altcoins will increase by the amount you are looking for as an example my recent choice is Cinni Coin- it's got Encrypted Messaging,Invoicing and a chat box in the wallet and plenty of room for growth in the price
full member
Activity: 142
Merit: 100
The cost of hash rate for scrypt coin will continue to go down till year end.

As the supplier cost go down, if there is no demand on the coin, price of all scrypt coin will continue their downtrend.
newbie
Activity: 27
Merit: 0
i hope you haven't  invested in litecoin at the time of creating this thread
legendary
Activity: 2912
Merit: 1060
full member
Activity: 363
Merit: 100
SWISSREALCOIN - FIRST REAL ESTATE CRYPTO TOKEN
Bitcoin has usage.

I don't think you can use litecoin anywhere.
hero member
Activity: 490
Merit: 500
Bitcoin seems safer. I would have maximum 30% ltc.
In any case, I do think litecoin will survive at least one more bitcoin bubble.
Good time to buy any of them Smiley
full member
Activity: 191
Merit: 100
WOW, I'm liking this idea
full member
Activity: 224
Merit: 100
VocalPlatform.com
I'm sure i'm too late helping you with your investment and if you bought LiteCoins, my condolences  Cry

I would stay with Bitcoins as long as i can, so many great news are coming up to date...
legendary
Activity: 2912
Merit: 1060
Hodl

Don't fall for investments or sLitecoin like Litecoin
sr. member
Activity: 448
Merit: 250
It's Money 2.0| It’s gold for nerds | It's Bitcoin
If you are interested in investing n crypto currencies then you should invest in bitcoin and bitcoin alone.

Pretty much any other investment in alt-coins is nothing more then speculation and really should not be done for any period other then the short term. Also alt-coins networks are much less secure then the network of Bitcoin.
member
Activity: 112
Merit: 10
Cryptocurrencies Exchange
I'm not so sure about bitcoin securities since i haven;t read about it yet.

Dogecoin were always interesting coin to invest. Spreading money on bitcoin/litecoin/dogecoin sounds most interesting. 
full member
Activity: 150
Merit: 100
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
Maybe half and half.
I would not suggest 100% LTC, since LTC/BTC has been much lower much of last year.
legendary
Activity: 2912
Merit: 1060
full member
Activity: 154
Merit: 100
go straight to bitcoin, dont bother with other subcoins
legendary
Activity: 1153
Merit: 1012
Although it's well possible, there is no guarantee that Litecoin will rise to its previous exchange rate. It could also loose even more value against Bitcoin. So what you are trying to do here is essentially speculation with an uncertain outcome. Is this strategy good? - It depends how much risk you are willing to take and if you are able to bear emotional discomfort when exchange rate is developing unfavorably.

Here is my trivial zero risk alternative which will cause much less emotional distress:

Buy Litecoin if you like Litecoin. Buy Bitcoin if you like Bitcoin. Buy both if you like both.
Hold and/or buy items you like for virtual currency.
legendary
Activity: 1736
Merit: 1001
Guys, I have $ 41.000 to invest in bitcoins and litecoins, I think it would be better to spend this money on litecoins... hold and wait (I have faith in bitcoins litecoins, this is what motivates me) to convert litecoins in bitcoins, when again LTC/BTC at 0.05 ratio, as has been months ago.

Is it a good idea?

opinions are welcome!

Thanks

Sounds like a plan to me you just have to be patient and be on top of the market.
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