Topic: Where to invest 25,000 USD - LTC or BTC? - page 2. (Read 3993 times)
I'd invest in shorting both btc and ltc. Put most of it into shorting BTC.
No different to bitcoin then.
In that you can speculate with them, yes.
I meant how it can make you poor, like in the quote that I quoted.
That exactly is the speculation part.
I would go with a split of ~22-24k in Bitcoin and 1-3k in Litecoin.
No different to bitcoin then.
In that you can speculate with them, yes.
I meant how it can make you poor, like in the quote that I quoted.
No different to bitcoin then.
In that you can speculate with them, yes.
But Bitcoin has at least some other uses, Litecoin a few, other Altcoins barely any.
Altcoins can make you rich and litecoin certainly made few rich.
They can also make you poor, and several altcoins certainly did that.No different to bitcoin then.
OP, my personal feeling would be put 18-20k into bitcoins, 5-7k into litecoins.
Altcoins can make you rich and litecoin certainly made few rich.
They can also make you poor, and several altcoins certainly did that. 
Altcoins can make you rich and litecoin certainly made few rich.
I would invest in bitcoin, i dont see any value in litecoin, few users, nearly no merchants, few exchanges, not much development / developers.
Exactly, litecoin always looked purely parasitic to me. It exist only because BTC is successful and some people who missed BTC have fantasy that altcoins can make them rich
Your thread title says "invest", we're talking about crypto-coins, and your post body says a timeframe of "<1yr". Those things cannot coexist.
If you're thinking of this as an investment, you really need to extend your timeframe. Should be more like 5yrs+. At least. If you were to put money into Bitcoin, come back in a year, and consider it a failure if the price was the same or lower as now, you've entirely misunderstood the nature of the beast and its possible variance. High variance means you need to extend your timeframe.
Personally, I think bitcoin is a very positive-expectation play with excellent expected ROI over 10yrs, but the volatility is going to be extreme for years, and, of course, there's a non-trivial possibility of total loss.
Regarding litecoin, I don't see any reason why it should have much value in the long-run; there's nothing innovative about it vs bitcoin. Purely gambling.
tl;dr: Buy bitcoin, but only if you can expand your time-horizen to at least 5yrs.
If you're thinking of this as an investment, you really need to extend your timeframe. Should be more like 5yrs+. At least. If you were to put money into Bitcoin, come back in a year, and consider it a failure if the price was the same or lower as now, you've entirely misunderstood the nature of the beast and its possible variance. High variance means you need to extend your timeframe.
Personally, I think bitcoin is a very positive-expectation play with excellent expected ROI over 10yrs, but the volatility is going to be extreme for years, and, of course, there's a non-trivial possibility of total loss.
Regarding litecoin, I don't see any reason why it should have much value in the long-run; there's nothing innovative about it vs bitcoin. Purely gambling.
tl;dr: Buy bitcoin, but only if you can expand your time-horizen to at least 5yrs.
Wait till the bubble deflates!! buyer beware!
the bubble has just started it'll start deflating when it hits $20,000/coin
I can dream. Will be able to buy a new Ferrari with what was pocket change a year ago. Talk about investment of the century!
Wait till the bubble deflates!! buyer beware!
the bubble has just started it'll start deflating when it hits $20,000/coin
You make me wanna throw up.
Wait till the bubble deflates!! buyer beware!
the bubble has just started it'll start deflating when it hits $20,000/coin
Wait till the bubble deflates!! buyer beware!
I would say get LTC you will be able to get more coins and also more potential for growth
With those arguments, you should better buy the trashiest coin you can find.
You can get more coins and the potential for growth is so much higher when the value is zero.
I would say get LTC you will be able to get more coins and also more potential for growth
If you don't have a clear take on the market, one option might be to scale in. You could invest 50% into BTC and keep the rest in USD. I find that when I'm 50% in the market, it takes away some of the worry around needing to pick the right market direction (if the price goes up, I get some USD paper profit, if it goes down, I can choose to expand my Bitcoin holdings). Also, in your shoes, I'd probably hold off a week or two before doing anything as we seem to be on a knife edge between a bull and bear market. I think we may have more clarity in a few weeks. You could also look at putting a small percentage into dividend yielding stock denominated in BTC, check out the securities section of this forum and maybe seek some recommendations.
i think it was a bit too late...
you should have purchased that money to bitcoin when it was $70/btc...
now btc is going to the moon....
you should have purchased that money to bitcoin when it was $70/btc...
now btc is going to the moon....
If it's really going "to the moon", why should it be too late now?
As nobody knows whether or not it will drop to $70 again, you could invest some now and some later in case it drops again.
i think it was a bit too late...
you should have purchased that money to bitcoin when it was $70/btc...
now btc is going to the moon....
you should have purchased that money to bitcoin when it was $70/btc...
now btc is going to the moon....
Bitcoin for sure, but don't just buy right away and hold forever like some users are indicating. I'd recommend sticking it on an exchange of your choice, then waiting until you think its an opportune moment, then buy. Buying just because you happen to have money is an easy way of losing money.
bitstamp.net wire, per bitcoin prices are always $2-5 less than gox
don't bother with ltc until you have a firm footing in bitcoin, at which point you might decide that ltc isn't really worth it
don't bother with ltc until you have a firm footing in bitcoin, at which point you might decide that ltc isn't really worth it
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