Not expecting much. It honestly seems like the boom of the 2020-2021 ish of Litecoin was due to the pandemic, and people were stumbling into crypto and a lot of people with money started investing in it. The 2016 one was well, a coin with an ideology having its first investors so naturally price would bump. I might be wrong with my first assumption but then that would mean that it would take more than a year, maybe two even before we see any pumps that could bring in profit.
I'd suppose if you have the money you can start hodling now, if not, maybe wait a year after the halving and then decide.
Topic: Your thoughts on the impending Litecoin Halving? - page 2. (Read 193 times)
Leading to the question— Do you see a bullish trend as a result of the coming halving event?
It is likely that the situation will be the same as with the bitcoin halving - bulls will follow with time. Just like you said - the impact won't be immediate, but it might take a lot of time to see the progress. After all the price of LTC is also affected by rising bitcoin prices - so it will still have something to do with it instead of just the LTC halving itself.If you believe LTC is very likely to be in a bull market after next year's halving - then take your chance now just like you took your chance with bitcoin. LTC can also earn you returns - but do so at your own risk.
This could be a different halving for LTC and we might see a pump since the market is getting better though of its not it is still fine since the usual effect starts after the halving period. I also have some LTC in my wallet since I also prepared for the halving because of anticipation for the price pump, this could be an easy profit for me and I’m confident for LTC, this is still a good coin and a good project.
Hopefully, Market will pump before and After this Halving. Although, I know Bull market is usually stronger after Bitcoin Halving but might be different this time.
Also, if there is any crypto event for the Halving on Bitget. Im definitely gonna participate. So far, I have nothing to lose.
Also, if there is any crypto event for the Halving on Bitget. Im definitely gonna participate. So far, I have nothing to lose.
The Litecoin halving is an event where the block reward for mining Litecoin is cut in half. This happens roughly every 4 years for Litecoin, in a similar fashion to Bitcoin with the goal of controlling the supply of Litecoin—making it more scarce over time and potentially leading to LTC price appreciation after the halving event.
The last Litecoin halving occurred in August 2019. The next halving is slated to happen on 2nd August 2023. Typically, there’s volatility and uncertainty surrounding halving events as investors speculate on the impact to supply and price. However, the effects of a halving generally play out over months and years after the event itself.
While the effects of halving are not always immediate, most traders are already exploring various means to accumulate LTC, leading to the increased demand of the token and LTC giveaway events like the one on Bitget, for instance. Leading to the question— Do you see a bullish trend as a result of the coming halving event?
The last Litecoin halving occurred in August 2019. The next halving is slated to happen on 2nd August 2023. Typically, there’s volatility and uncertainty surrounding halving events as investors speculate on the impact to supply and price. However, the effects of a halving generally play out over months and years after the event itself.
While the effects of halving are not always immediate, most traders are already exploring various means to accumulate LTC, leading to the increased demand of the token and LTC giveaway events like the one on Bitget, for instance. Leading to the question— Do you see a bullish trend as a result of the coming halving event?
Jump to: