Topic: Where to invest 25,000 USD - LTC or BTC? - page 3. (Read 3993 times)
BTC has a (quite) low value atm, you show try it now, and make some profit within a month
I would go 70% BTC and 30% LTC, and be much more flexible on releasing the LTC as soon it looks good.
If MtGox defaults, it will affect both BTC and LTC, anyways, in a very inpredictable manner.
Anyway, hold the BTC, and then whenever you need to buy any stuff, spend those instead of $, you'll automatically profit from the exchange rate growing in favor of BTC.
Please just don't sell them back for USD.
If MtGox defaults, it will affect both BTC and LTC, anyways, in a very inpredictable manner.
Anyway, hold the BTC, and then whenever you need to buy any stuff, spend those instead of $, you'll automatically profit from the exchange rate growing in favor of BTC.
Please just don't sell them back for USD.
Bitcoin, most people invest in Litecoin "because it will be on Gox soon".
Once it's there it will probably crash a lot.
(You might be able to make some money before that though, but I wouldn't recommend using most of your funds there)
Once it's there it will probably crash a lot.
(You might be able to make some money before that though, but I wouldn't recommend using most of your funds there)
I would invest in bitcoin, i dont see any value in litecoin, few users, nearly no merchants, few exchanges, not much development / developers. If litecoin becomes successful it will be only because bitcoin becomes extremely super sucessful.
Hello guys,
as the title says - i would like to know your opinion on where to invest 25,000 USD? What would you buy for short term period - <1 year? Litecoin or Bitcoin? I don't want to look like 100% pure speculator, i have ecommerce with self defense products accepting bitcoin and if it would be possible, i would accept Litecoin too. I am using bitcoin almost every week to buy or sell goods for some time.
However, now I would like to make investment of 25,000 USD into cryptocurrency - ltc, btc or these 2 together. I know all the risks and i accept the fact i can lose all my money - but of course i would rather not to
I am thinking about diversify this money into LTC and BTC - but where to put bigger part? And why? And when you think will be the "best time" to invest?
Am I wrong if i think, that right now ltc has bigger potencial to rise in the short time period because mtgox is planning to accept LTC in near future (or at least they claim so)? I believe in BTC generaly, but now i am afraid, that miners with new ASICs will push the price down for some time selling almost immediately every BTC they mine until they break even...? I would like to know your opinions and see the reasons why to invest into BTC or LTC. I will make the final decision on my own, but i will appreciate every (reasonable) opinion of yours. I will try to write here how i decided and provide a report on the results.
Thank you
as the title says - i would like to know your opinion on where to invest 25,000 USD? What would you buy for short term period - <1 year? Litecoin or Bitcoin? I don't want to look like 100% pure speculator, i have ecommerce with self defense products accepting bitcoin and if it would be possible, i would accept Litecoin too. I am using bitcoin almost every week to buy or sell goods for some time.
However, now I would like to make investment of 25,000 USD into cryptocurrency - ltc, btc or these 2 together. I know all the risks and i accept the fact i can lose all my money - but of course i would rather not to
I am thinking about diversify this money into LTC and BTC - but where to put bigger part? And why? And when you think will be the "best time" to invest?
Am I wrong if i think, that right now ltc has bigger potencial to rise in the short time period because mtgox is planning to accept LTC in near future (or at least they claim so)? I believe in BTC generaly, but now i am afraid, that miners with new ASICs will push the price down for some time selling almost immediately every BTC they mine until they break even...? I would like to know your opinions and see the reasons why to invest into BTC or LTC. I will make the final decision on my own, but i will appreciate every (reasonable) opinion of yours. I will try to write here how i decided and provide a report on the results.
Thank you
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