i have been holding LTC for a long time and it went uphill and then crashed again! I bought at $39, and then later at even $100 when i saw a huge jump and crash .. back and fourth but after 2022, there has been no significant changes in prices, even when i can literally spend it online to buy almost anything! Since ltc have a use case and widely used due to its lowest fee and quicker transaction time, is there any chance it breaks $100 barrier once and for all and finally able to go up to a suitable price point? or it will stay afloat at this $60 ish price range forever!
You have done the most difficult thing already, you have held your litecoin after the crash and accumulated more of it for a good price, this is not really the moment to doubt yourself and sell your coins, because if you do, you would have wasted the perfect opportunity you have created for yourself, just hold a little bit longer and you will obtain the results that you have been looking for during the previous years.
I do agree. As it was said (because I didn't really invest into LTC nor I've read into it), LTC doesn't offer something new or game-changing, but as it was said on their Reddit:
Litecoin has its own identity, particularly as a faster and more cost-effective payment method, which makes it well-suited for everyday transactions.
Bitcoin, on the other hand, has cemented its role as a store of value and digital gold. Both have unique strengths, and instead of competing, they complement each other in the broader cryptocurrency ecosystem.
Litecoin, for me, is the people's coin. Bitcoin is more institutionalized.
