Recover of litecoin | Bitcointalksearch.org

Twinkledoe

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Quote from: Kena Banned on July 28, 2021, 06:21:45 PM

Quote from: tamim60 on July 24, 2021, 08:48:14 AM

If you hold the light coin at a higher price, you will definitely be able to recover it. The reason why the price of light coin is decreasing is to increase because if the price of token does not decrease then no one can buy and if not then no one can sell. So it is normal for the price of coins to fluctuate. You can definitely recover like coins from here.

So basicly, the reason why its decreasing is because people thing the coin is overvalued, and i believe it too. Since many another project are more interested to be invested than a old coin like LTC.
Move on, DeFi are cooler hype at the moment.

The OP first needs to correct the spelling of light coin to litecoin because there is one alt named lightcoin. Because it may confuse others and it is not right. In this market, spelling is important as we have similar names of coins, and sometimes they only omit one letter or add one letter.

Anyway, he needs to re-phrase his statement as for me, I don't fully understand what he is trying to convey here.

Kena Banned

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Quote from: tamim60 on July 24, 2021, 08:48:14 AM

If you hold the light coin at a higher price, you will definitely be able to recover it. The reason why the price of light coin is decreasing is to increase because if the price of token does not decrease then no one can buy and if not then no one can sell. So it is normal for the price of coins to fluctuate. You can definitely recover like coins from here.

So basicly, the reason why its decreasing is because people thing the coin is overvalued, and i believe it too. Since many another project are more interested to be invested than a old coin like LTC.
Move on, DeFi are cooler hype at the moment.

AliMan

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Quote from: tamim60 on July 24, 2021, 08:48:14 AM

If you hold the light coin at a higher price, you will definitely be able to recover it. The reason why the price of light coin is decreasing is to increase because if the price of token does not decrease then no one can buy and if not then no one can sell. So it is normal for the price of coins to fluctuate. You can definitely recover like coins from here.

To give a simple thoughts about it, no one is selling now because more holders chooses to wait until there's changes of it market movements. While btc hasn't yet reached the previous ATH, I think other coins also have been stagnant and couldn't move up high. I guess litecoin always depends with btc market pairs as well as eth, which got a huge market volumes on biggest trading sites where this coin was listed.

irixo10

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Well, that's not really true, the reason why the price of Litecoin decrease or dump is because it is reacting to the nature of the market, some people buys and some people sells, and when the market is not too good, more people will sell thus leading to more price drop and most times even when the market is good, the price might not still increase because most people have their attention somewhere else, and in some cases it do increase.
Therefore, in this case, for the price to rise, falls on the team, the reaction towards their project's development will determine the reaction of the community and investors into buying. This is just the case of Litecoin as well as with other coins.
So in other words, Litecoin is good but however the team need to work hard to give the users and investors something good to look forward to which in return will lead to price increase.

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Quote from: tamim60 on July 24, 2021, 08:48:14 AM

If you hold the light coin at a higher price, you will definitely be able to recover it. The reason why the price of light coin is decreasing is to increase because if the price of token does not decrease then no one can buy and if not then no one can sell. So it is normal for the price of coins to fluctuate. You can definitely recover like coins from here.

Personally I believe in Litecoin. It has a big community, and devs have a good portfolio.
It's a very cheap, super-safe highway for making payments - especially when it comes to micro-transactions. Litecoin’s team is now working on the implementation of the lightning network protocol and applications for smart contracts and privacy. Litecoin has a bright future as a classic and reliable altcoin.

blue Snow

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that's a non sense thing dude. The reason must be people who have been holding lite coin already sold their lite coin to move in a better coin with more utility or NFT.

Quote from: senyorito123 on July 24, 2021, 06:58:24 PM

People always wanted new developments from a currency, so they find that NFT has all the capabilities to compete in the entire crypto market. Moving towards other asset is another alternative for every investors, just for the safety if their money.

Quote from: Ararbermas on July 25, 2021, 07:42:11 AM

Litecoin is very slow than other NFT in the market reason most investors prefer to invest through NFT because litecoin were not that good anymore ,

Quote from: JeffBrad12 on July 26, 2021, 02:17:44 AM

People know that if this coin gives them nothing while others keep harvesting with more and more good defi and NFT coin. Remember that the NFT holders can earn a reward on a daily basis.

Quote from: Kena Banned on July 26, 2021, 06:12:56 PM

I dont think Litecoin is still a interesting coin anymore, its still can recover by following bitcoin rise but i dont think it could rise so high anymore.
People nowadays interesting more in a DeFi platform or NFT platform and another else which probably will come as trend in the future.

Op didn't mentioned NFT, Look like you are on NFT fans, no problem if you can get the reason to get profit, I doubt it's just a moment like defi and doge. Litecoin have a fudamental same as bitcoin, I don't want sell it for the reason.

Quote from: Iceblast on July 25, 2021, 08:42:43 AM

There are many reasons why Litecoin is one of the coins that has not had a significant price recovery. Litecoin tends to be very slow and this is not great for a coin. so i think maybe this reason make people switch to other coin which has faster increase

don't sacrifice, if you like change your fiat into it and don't exchange crypto into another crypto.

Quote from: o48o on July 26, 2021, 03:52:00 PM

(Btw Why are you guys dragging NFT into this conversation?

yeah, they are NFT fans, they are inciting every where

Easteregg69

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Litecoin is slow on the first block. You look for estimate.

Pierre 2

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Litecoin was well worth and well invested in market because it had something significant, lower fees and faster network. Although having these 2 utilities aren't that much important in 2021 anymore. There are far different and well though ideas around with other coins. I don't see recover of Litecoin anytime soon.

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Quote from: irsada on July 26, 2021, 10:02:54 PM

LTC is not like bitcoin which is irreplaceable. so I'm done with LTC.

I think that you didn't understand about the purpose of litecoin. litecoin was already created to be an alternative chain for bitcoin but it can't evolve like another coin due to a lot of reasons.
I have been moving from litecoin since a few years ago and my decision was good coz there was no a lot of progress on litecoin.
Holding litecoin is a nonsense thing right now. There are a bunch of coins that are more scalable, give more usefulness and advantages, and many more.

btc78

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Quote from: tamim60 on July 24, 2021, 08:48:14 AM

If you hold the light coin at a higher price, you will definitely be able to recover it. The reason why the price of light coin is decreasing is to increase because if the price of token does not decrease then no one can buy and if not then no one can sell. So it is normal for the price of coins to fluctuate. You can definitely recover like coins from here.

Litecoin is still On its lowest , almost same price when it started to Pump November 2020?

Look at the graph is this the look of recovering ? and look at the chart

https://coinmarketcap.com/currencies/litecoin/

I don't think there is something big coming for Litecoin this whole 3rd quarter , though there are some Hype since 7 days and grows to 24 % as typing this post.

traderethereum

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I feel litecoin still has more potential to recover, and even it will have a chance to lift the price back.
But as we know, the altcoin needs to wait for bitcoin to start increases to increase altcoin.
If the bitcoin price does not increase so high, maybe the altcoin will not rise and have the next bull trend, which will happen with litecoin.
So there is nothing we can do except waiting for that time while we can still buy more litecoin at this moment so we are ready for the next bull trend.

nomenclatur

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Litecoin is highly recommended for the long term because it has been proven for a long time that Litecoin has been the main investment choice that has a selling value in the market according to what is happening in the market. Investors choose to invest in Litecoin because of the fast recovery of the given price, which makes it a preferred place to buy Litecoin.

bitterguy28

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Quote from: tamim60 on July 24, 2021, 08:48:14 AM

If you hold the light coin at a higher price, you will definitely be able to recover it. The reason why the price of light coin is decreasing is to increase because if the price of token does not decrease then no one can buy and if not then no one can sell. So it is normal for the price of coins to fluctuate. You can definitely recover like coins from here.

looks like you are pushing litecoin? creating multiple threads for this coin?

https://bitcointalksearch.org/topic/why-is-litecoin-an-attractive-investment-asset-5351004

how much have you invested in this one?

irsada

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Now the market is constantly changing over time. maybe for a long time ltc became an idol but slowly its position continues to shift as many altcoins are good at taking advantage of opportunities in this market. LTC is not like bitcoin which is irreplaceable. so I'm done with LTC.

maxreish

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Quote from: tamim60 on July 24, 2021, 08:48:14 AM

If you hold the light coin at a higher price, you will definitely be able to recover it.

Of course, I actually bought litecoin at $230 at it's peak price. I still hold it, though theres a slight regret feeling but good thing there is always a good way to recover --- that is holding til the pump.

Quote

The reason why the price of light coin is decreasing is to increase because if the price of token does not decrease then no one can buy and if not then no one can sell.

Guess you forgot that we are in crypto world where the market will flactuate or inflate. The volatile market gives us the opportunity to sell or to buy and that is actually the main reason of it's great use.

Kena Banned

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I dont think Litecoin is still a interesting coin anymore, its still can recover by following bitcoin rise but i dont think it could rise so high anymore.
People nowadays interesting more in a DeFi platform or NFT platform and another else which probably will come as trend in the future.

o48o

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What it comes to LTC price recovery, it could take more time then people think. Only use case i can think for Litecoin is testing ground for BTC as their tech is so close of each other, and that's not really enough for justifying huge marketcap imho. Then again markets will not act rationally.

(Btw Why are you guys dragging NFT into this conversation? Non fungible tokens have nothing to do with the litecoin and comparison of any kind is just absurd. It's almost like you just wanted to threw in some trendy sounding acronym in the mix to make it sound that you know what you guys are talking about.)

livingfree

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Quote from: tamim60 on July 24, 2021, 08:48:14 AM

If you hold the light coin at a higher price, you will definitely be able to recover it. The reason why the price of light coin is decreasing is to increase because if the price of token does not decrease then no one can buy and if not then no one can sell. So it is normal for the price of coins to fluctuate. You can definitely recover like coins from here.

Your title is correct in spelling litecoin.

Cryptocurrencies are volatile and it's not surprising to see them fluctuate that's why those people that have bought litecoin at a high price. They only have a few choice.

To hold and wait, sell at loss or to buy more at low price.

JeffBrad12

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Quote from: Iceblast on July 25, 2021, 08:42:43 AM

There are many reasons why Litecoin is one of the coins that has not had a significant price recovery. Litecoin tends to be very slow and this is not great for a coin. so i think maybe this reason make people switch to other coin which has faster increase

Lots of reasons but there will always be the main reason and that's litecoin lack of development progress especially something that can make this coin become useful for its holders.
People know that if this coin gives them nothing while others keep harvesting with more and more good defi and NFT coin. Remember that the NFT holders can earn a reward on a daily basis.

Litecoin can do nothing because it doesn't have a budget to be used as a development fund. It's very sad but this is the reality

Oceat

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What is this Litecoin all over the place? I've seen enough of it this day and I know you just want to make them invest or something because I think you are a bag holder of Litecoin too. But the question here is, when will be the price goes up again? It turns out that Litecoin is dropping too when Bitcoin drops. So I think the best way to make most of these altcoins to grow their prices is to make someone or convince them to pump the Bitcoin price but I have a doubt it would be as effective these days. You better wait for it to happen since we can't really move the market on our own.

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