Sell Litecoin for Bitcoins? - page 2.

RamBahadur.Gurung

sr. member

Activity: 457

Merit: 262

Quote from: skyline247 on October 04, 2017, 05:02:32 AM

Ehhmm, I would say that would be a good idea. Litecoin does not have as much potential upside as Bitcoin at the moment.

I have to agree. In 2013 and 2014, Litecoin was the most important altcoin out there. The number of users were quite high, and a number of websites and stores were accepting LTC. But things have changed ever since. Litecoin has lost the race to newer alts such as Ethereum and Ripple.

batang_bitcoin

hero member

Activity: 3080

Merit: 603

Quote from: obinisti on October 04, 2017, 05:07:16 PM

Quote from: batang_bitcoin on October 04, 2017, 04:43:24 PM

What are your plans about bitcoin and LTC? What's your main goal, are you planning to hold for a longer time or you want to become a short term / day trader? Those two coins you are holding are good to hold and you just have to do nothing with it. But the idea of buying some more bitcoins is what you must do. As many news are coming out bitcoin's potentially growth is there and after some years the price today will be very far from the future's speculated price.

2nd option. Hold and hope for the long term (but not too long because as one said, at long-term we will all be dead 😬)

Yep hold for longer term but not that really long. Beside on what I suggested on what you must do is also when you see good progress with LTC or you are able to earn some good amount then you just simply sell some of your LTC and the profit you'll be getting there is the one that you'll be using for buying another bitcoin. This is being done by most of the traders, they are selling their alt coins for bitcoin.

TwoSigm4

newbie

Activity: 48

Merit: 0

I sold LTC.

BTC is promising now.
It ll have forking,
Free money.
Hold it and later you can buy cheap altcoin from that forking.

Indrawan77

hero member

Activity: 1274

Merit: 516

The movement of LTC is slow, so I dont suggest you to exchange btc with ltc, not a lot of people are using ltc so it will be hard for ltc price become very high, and btc is a very good investment, the price going up in a very good rate and can recover really fast, so it is better to exchange ltc for bitcoin

micle222

sr. member

Activity: 784

Merit: 255

a safe way I think it's better to sell it and buy Bitcoin. but to try good luck better keep it.
you will get a double benefit when the price of LTC and BTC go up.

michellee

hero member

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Quote from: obinisti on October 04, 2017, 02:49:02 PM

thanks for the advices.
In fact, I don't have only LTC and BT
I've also some ETH, LSK, XRP, OMG, ARK & ARDR
But, LTC represents 35% of my portfolio and BTC 19%
That's why I was wondering if I did not have too much LTC

in my opinion, if you invest in ltc, it means you are go with long term and should not worried about the price. if you know before ltc has increase, its only 0.003xxx btc equal $6.xxx and now the price reach 0.01xxx btc equal $50.xxx and it need long time before its reach $50. for short term litecoin doesn't give any good price but I think ltc is stable and its in top ten in the coinmarketcap.com.

the other coins you have is good choice and you might thinking to add more eth and xrp for a long term investment too like ltc. for lsk, omg, ark and ardr, I think you can go for daily or weekly or monthly.

Mustion

jr. member

Activity: 45

Merit: 10

Litecoin is a good coin but in this moment it's not at all, when the blockchain system which presented by Bitcoin or Etherum are too strong for now. So in this moment you should hold for it. Future is volatile so it's unpredictable, maybe sometime litecoin will have it's moment and you could become rich cause of holding it ? Opportunities are everywhere, the thing is you need to see it and take it.

flickervn

newbie

Activity: 19

Merit: 0

IMO, change 1/3 LTC to BTC until end of this month. after that, sell btc to buy LTC again.

jtipt

hero member

Activity: 1050

Merit: 529

Quote from: obinisti on October 04, 2017, 04:57:08 AM

I started to create my own portfolio of currencies (small one, 2500€ to start), where BTC represents 20%, and LTC 35% (and some loss, right now :-( )
So, I wonder if I should not trade some of my LTC for BTC

I think it would be better the other way around, 35% BTC(or more) and 20% LTC. So you should sell some LTC not all, and also invest the remaining in some other coins ETH XMR, etc. Usually, as it has been seen, LTC and BTC go hand in hand if one takes a dive then so does the other and if one rises the other also will follow soon, so LTC should be up in no time.

ajiejot

full member

Activity: 392

Merit: 112

For my own opinion, big NO. Litecoin is very promising altcoin, since it has several projects that is really quality and have potential. Since the price of litecoins is low, it can easy to pump so fast. Like what happened in Ethereum, it's 7$ only last january, now, how much each ethereum? around 300$ . Coin that have low price is the best coin to hold.

KourtneyK

full member

Activity: 294

Merit: 101

I think you should hold on to your LTC and buy more Bitcoins, separate the two and just don't focus on just 1 coin. And make sure you buy these coins when they are at its lowest price though btc is a good investment; there are times it is very low so buy them when it reaches a low price.

Whitefalcon

member

Activity: 146

Merit: 12

litecoin now so weak
if want recover your loss hold btc , eth or monero
for now i thinks that good
but back to your decission

nasibakar

sr. member

Activity: 250

Merit: 250

LTC to BTC is a best option now,
BTC will rise
BTC will give you its forking, it is free.

Altcoins is dropping,
buy it using BTC Forking and it makes you richer right.

TwoSigm4

newbie

Activity: 48

Merit: 0

I sold my LTC to buy BTC,
Why?
I collect more BTC now,
After forking the orice of its and its forking are higher,
Altcoins are dropping now.

After rich holdingb BTC and Forking, buy altcoins.
They are cheap,
More altc and bitcoins,.... only selling forking it may be a good idea and keeping BTC,
It is like free coin.

aardvark15

hero member

Activity: 1008

Merit: 510

Quote from: obinisti on October 04, 2017, 04:57:08 AM

Hi all,

I'm kind of a newbie in the crypto-currencies world, but quite fascinated in fact...
I started to create my own portfolio of currencies (small one, 2500€ to start), where BTC represents 20%, and LTC 35% (and some loss, right now :-( )
So, I wonder if I should not trade some of my LTC for BTC

Or buy more BTC if we think it should raise and hold my LTC...

Any thoughts?

Thanks,
Olivier
PS : sorry for any languages mistakes, english is not my first language

I'm not sure that selling Litecoin for a loss is such a good idea. I can see selling a bad coin for a loss if you realize you made a mistake but I don't think Litecoin is a bad coin. Generally I wouldn't sell with a loss.

If you want to do that, I recommend that you wait for a time when Bitcoin is down and Litecoin is up. I also don't see a problem holding both Bitcoins and Litecoins long term. They are probably both going to make you money. It just remains to be seen which one does better long term.

avikz

legendary

Activity: 3080

Merit: 1500

Quote from: obinisti on October 04, 2017, 04:57:08 AM

Hi all,

I'm kind of a newbie in the crypto-currencies world, but quite fascinated in fact...
I started to create my own portfolio of currencies (small one, 2500€ to start), where BTC represents 20%, and LTC 35% (and some loss, right now :-( )
So, I wonder if I should not trade some of my LTC for BTC

Or buy more BTC if we think it should raise and hold my LTC...

Any thoughts?

Thanks,
Olivier
PS : sorry for any languages mistakes, english is not my first language

Wow, 2500 Euro is not a small amount, at least in my country. But I am happy so see that you understand the need of diversification. I Would not say it is a good idea to sell your litecoin to buy more bitcoins because that entirely depends on your risk taking capability. If you think for long term, then you can go ahead and buy bitcoin by selling a percentage of your litecoin. However, if you have a short term outlook, then you will be disappointed.

francedeni

full member

Activity: 560

Merit: 100

Quote from: pinky on October 04, 2017, 05:22:58 PM

Quote from: obinisti on October 04, 2017, 05:07:16 PM

Quote from: batang_bitcoin on October 04, 2017, 04:43:24 PM

What are your plans about bitcoin and LTC? What's your main goal, are you planning to hold for a longer time or you want to become a short term / day trader? Those two coins you are holding are good to hold and you just have to do nothing with it. But the idea of buying some more bitcoins is what you must do. As many news are coming out bitcoin's potentially growth is there and after some years the price today will be very far from the future's speculated price.

2nd option. Hold and hope for the long term (but not too long because as one said, at long-term we will all be dead 😬)

Sit tight and hope for pump.

Hope for pump of lct because bitcoin is surely will increase its value. Both ltc and btc are profitable and if you could hold do so. It is most speculative that price will rise and everyone who beleives will earned.

pinky

hero member

Activity: 538

Merit: 500

Quote from: obinisti on October 04, 2017, 05:07:16 PM

Quote from: batang_bitcoin on October 04, 2017, 04:43:24 PM

What are your plans about bitcoin and LTC? What's your main goal, are you planning to hold for a longer time or you want to become a short term / day trader? Those two coins you are holding are good to hold and you just have to do nothing with it. But the idea of buying some more bitcoins is what you must do. As many news are coming out bitcoin's potentially growth is there and after some years the price today will be very far from the future's speculated price.

2nd option. Hold and hope for the long term (but not too long because as one said, at long-term we will all be dead 😬)

Sit tight and hope for pump.

obinisti

newbie

Activity: 16

Merit: 0

Quote from: batang_bitcoin on October 04, 2017, 04:43:24 PM

What are your plans about bitcoin and LTC? What's your main goal, are you planning to hold for a longer time or you want to become a short term / day trader? Those two coins you are holding are good to hold and you just have to do nothing with it. But the idea of buying some more bitcoins is what you must do. As many news are coming out bitcoin's potentially growth is there and after some years the price today will be very far from the future's speculated price.

2nd option. Hold and hope for the long term (but not too long because as one said, at long-term we will all be dead 😬)

batang_bitcoin

hero member

Activity: 3080

Merit: 603

What are your plans about bitcoin and LTC? What's your main goal, are you planning to hold for a longer time or you want to become a short term / day trader? Those two coins you are holding are good to hold and you just have to do nothing with it. But the idea of buying some more bitcoins is what you must do. As many news are coming out bitcoin's potentially growth is there and after some years the price today will be very far from the future's speculated price.

Topic: Sell Litecoin for Bitcoins? - page 2. (Read 1382 times)