Investing in Litecoin in 2020?

[alina.odintsova 34]

On 7/29/2020 at 2:26 AM, Altcoinfan said:

It's been long time since I earned my first litoshi and since I missed the moment in the past to buy a whole Bitcoin I managed to do it with Litecoin. I had stopped earning Litecoin for some time, I was holding but never buying or selling until two months ago. I saw that one of my fav altcoins' price is suppressed and I like buying assets while they're cheap so I bought some again and started buying since then. I don't know why but I feel like this year Litecoin's gonna go big. It's just 6th sense I think. Its price's woken up a bit lately and this made me think my senses didn't lie to me...

Why I invest in Litecoin? Here are my reasons:

- Litecoin stands the test of time - appeared in 2011 and it is still alive and kicking and working ok

- Litecoin's code is close to Bitcoin's one but it's optimized for faster transactions - so if you like Bitcoin you should like Litecoin as well

- Litecoin transactions are fast

- Litecoin transaction fees are really low

- After so many years of existence despite all new crypto that appeared meanwhile Litecoin still keeps its market capitalization high - it's still in top 10. Currently at 8 position

- Litecoin's creator is Charlie Lee - a computer scientist who worked in Google but once he started his work on Litecoin he's now fully devoted to it

- In crypto space Bitcoin is regarded as crypto-gold but Litecoin is the crypto-silver so if that is true - in the end only gold and silver will shine

- It's dirt cheap now having in mind all qualities it has

 

What do you think of Litecoin in 2020? Do you buy, sell or hodl now?

I think that investments in ltc are no longer as relevant today as before. The team does not offer anything new, the coin is sometimes used to send funds, but no more.

[RDvamohaya03 36]

I think that apart from everything Litecoin will continue to be one of the best and most popular for its ease of use plus other factors that almost everyone seeks Speed in their transactions and the economic

[RDvamohaya03 36]

Of course Litecoin is the oldest and the most reliable but it is as they say you have to be wise and always be alert to take advantage of the best moments to make the best investment

[airdrophub201 1]

he Litecoin price trend has seen the world’s seventh-largest cryptocurrency repeatedly fail to overcome stubborn resistance around the $50 mark. Past attempts to vault past this level have resulted in a swift correction in recent months. This draws parallels with Bitcoin, which has consistently tumbled after managing to crack $10,000.

[satella17 65]

On 7/28/2020 at 6:26 PM, Altcoinfan said:

It's been long time since I earned my first litoshi and since I missed the moment in the past to buy a whole Bitcoin I managed to do it with Litecoin. I had stopped earning Litecoin for some time, I was holding but never buying or selling until two months ago. I saw that one of my fav altcoins' price is suppressed and I like buying assets while they're cheap so I bought some again and started buying since then. I don't know why but I feel like this year Litecoin's gonna go big. It's just 6th sense I think. Its price's woken up a bit lately and this made me think my senses didn't lie to me...

Why I invest in Litecoin? Here are my reasons:

- Litecoin stands the test of time - appeared in 2011 and it is still alive and kicking and working ok

- Litecoin's code is close to Bitcoin's one but it's optimized for faster transactions - so if you like Bitcoin you should like Litecoin as well

- Litecoin transactions are fast

- Litecoin transaction fees are really low

- After so many years of existence despite all new crypto that appeared meanwhile Litecoin still keeps its market capitalization high - it's still in top 10. Currently at 8 position

- Litecoin's creator is Charlie Lee - a computer scientist who worked in Google but once he started his work on Litecoin he's now fully devoted to it

- In crypto space Bitcoin is regarded as crypto-gold but Litecoin is the crypto-silver so if that is true - in the end only gold and silver will shine

- It's dirt cheap now having in mind all qualities it has

 

What do you think of Litecoin in 2020? Do you buy, sell or hodl now?

litecoinno has gone up to over $80 for a long time, not that it is not a good day to buy litecoin but the best option is to buy it for less than $40.

[fanofrobsten 25]

Although it hasn't performed great lately I do believe it has a great potential and value

[barancell12 89]

 

Maybe they should bring some innovation. It feels very stable. In the long run I hope it still pays off.

[yellowxmr 14]

I will invest in Litecoin because litecoin is a most reliable coin and it has a huge poptential.also now the litecoin price is very low.I hope it will give me a good profit in the future.

Edited October 4, 2020 by yellowxmr

[Joseunda 35]

Litecoin is always very stable, when you buy it at the time you can get good profit when it jumps

[Koussaygame07 103]

It is the recommended currency. Its miner is available in many locations and its low transfers fees make it profitable to invest in it

[Cahrembang 29]

invest and buy bitcoin in year 2 in my opinion the right time because it has been 2 years sideways just waiting to explode during the alt season

[duncun007 3577]

8 hours ago, Dorjoy12 said:

@George10 for a long time litecoin has no pump you know.. So if anyone NOW invest huge capital in litecoin for long-term then i think he will get much profit..litecoin highest price was around 400 usd plus  and last two years litecoin even didnt passed 100 usd so i think we can wait for a huge pump of litecoin..             

people miss out to nice that litecoin actually went from 40$ to over 60$ a few months ago and that 50% return on a coin with a big marketcap. reaching all time high might be a bit of a struggle in my opinion.

[feralexsw 58]

litecoin does not show signs of recovery rather I see it stagnant I hope this changes because I consider this cryptocurrency very useful and good

[epicote49 34]

the coin is technically outdated, the halving has passed and there is no more potential, I believe. better to turn your attention to other cryptocurrencies

[Bills 583]

It is a good investment, although before investing here I would review the trend of Bitcoin very well, which, right now, is somewhat difficult to predict due to global fundamentals, if the price of Bitcoin falls, Litecoin would bleed a lot.

[TommyMoonD 46]

The lowest price target for litecoin in 2021 is $500. given that litecoin is currently priced at $46.19, if the predicts are right litecoin will grow by at least 947% in the future !

[cooliez2 81]

i have read some forecasts. some say that it has a lot of potential and a lot of room for improvement. other experts are of the opinion that not much will change. crypto is like gambling.

I think I will get at least 1 and see what will happen.

[fatimateta 175]

I love this coin and i agree, investing in litecoin in 2020 is agreat idea as this has a great potential and great future and i think it gonna pump in 2021 as many coins gonna do the same

[carmen 10]

Litecoin is an anonymous cryptocurrency based on a P2P network. The principle of the P2P network is that there is no type of authority that regulates the currency, which differentiates it from traditional currencies.

[cooliez2 81]

At least from my point of view it is a better alternative than buying any coin / token that is cheap in the hope that it will go up. There are just too many for that.

I also hope to buy a cheap coin and it will go to moon, but until now I missed all trains.

[elimdavid 66]

On 7/28/2020 at 7:26 PM, Altcoinfan said:

It's been long time since I earned my first litoshi and since I missed the moment in the past to buy a whole Bitcoin I managed to do it with Litecoin. I had stopped earning Litecoin for some time, I was holding but never buying or selling until two months ago. I saw that one of my fav altcoins' price is suppressed and I like buying assets while they're cheap so I bought some again and started buying since then. I don't know why but I feel like this year Litecoin's gonna go big. It's just 6th sense I think. Its price's woken up a bit lately and this made me think my senses didn't lie to me...

Why I invest in Litecoin? Here are my reasons:

- Litecoin stands the test of time - appeared in 2011 and it is still alive and kicking and working ok

- Litecoin's code is close to Bitcoin's one but it's optimized for faster transactions - so if you like Bitcoin you should like Litecoin as well

- Litecoin transactions are fast

- Litecoin transaction fees are really low

- After so many years of existence despite all new crypto that appeared meanwhile Litecoin still keeps its market capitalization high - it's still in top 10. Currently at 8 position

- Litecoin's creator is Charlie Lee - a computer scientist who worked in Google but once he started his work on Litecoin he's now fully devoted to it

- In crypto space Bitcoin is regarded as crypto-gold but Litecoin is the crypto-silver so if that is true - in the end only gold and silver will shine

- It's dirt cheap now having in mind all qualities it has

 

What do you think of Litecoin in 2020? Do you buy, sell or hodl now?

Awesome; i totally agree with your observations; LTC is also one of my favorite alt coin; and i think if you want to invest in it, this is a good time to do it. Think different to be Bigger 😉❤️ 

 

[Mamad00l 45]

There is definitely potential for further growth. However, if you plan to engage in cryptocurrencies (regardless of whether it is mining, trading on exchanges or long-term investments), you will necessarily have to conduct market analysis, take into account all changes, monitor the introduction of new technologies, and so on. You will have to take into account all factors in order to guess the future forecast in time and have time to buy or sell tokens at a favorable price.

At the same time, it is important to understand that at the moment cryptocurrencies do not have physical reinforcement, so at any moment everything can collapse without reaching its apogee. To minimize the risk, you will need serious Analytics, taking into account all external and internal factors. Therefore, the answer to the question of whether to invest in Litecoin depends only on you and your capabilities. Of course, this is a risk, but the risk is justified.

[Therry29 28]

It is a very good option to invest in this currency, it always has a stable price, when it goes up you can have good profits

[aaayyy6 7]

I think it is worth investing in litecoin in 2020 and even in 2021, because the coin has prospects and even advantages over bitcoin

[keyber 129]

My investment in litecoin this year was almost little, I bought a litecoin in September when its value was $ 46 and I sold when it rose to $ 49, the investment was not much, but I recommend investing in litecoin since it does not surprise me that it reaches $ 70 a currency, you could earn a 20% margin to the currency