Investing in Litecoin in 2020?

[luisrg87 2]

The investment is for the future or for the short term, it all depends for which term you want to operate it, for the long term it is fine

[ebuald5 14]

Of course it is profitable so far this year I have made good profits with LTC, mining, trading, etc. You have to take advantage of the fact that it is at a low cost and hope that it returns to + 100 $ next year. Regardless of this it is an excellent coin, not for nothing is it in the top.

[adidas21rus 37]

In General, litecoin has a chance to grow. First, this is one of the most successful forks of bitcoin. Secondly, litecoin is a fast transaction, so many people will use it as a payment system. Third, it is easier to mine it than bitcoin or Bitcoin Cash. The last two cryptocurrencies have positive forecasts, and litecoin depends on them: if BTC and BCH grow, LTC will also show a good result.

Forecasts for the price of litecoin for 2020 from various analysts show that this year the $ 100 mark will not be reached. Why? It all depends on the market situation: today, it is very stable, so litecoin will be able to reach the $ 100 mark in 2020 only if there is a large pump. However, keep in mind that in such cases, there is always a correction.

The cryptocurrency market is unpredictable, so the future of litecoin is not very clear. However, I believe that in 2025, the LTC exchange rate will be close to $ 150-160 per coin.

[dimaminecraft 17]

I put and mining in the cloud in Litecoin during the year 2020 that it is productive and it is an excellent cash as it has a serious positioning in digital forms of money, with a market estimation of about in excess of 4 billion dollars

[vladiolus3 53]

Litecoin is good because it has the properties of bitcoin, and it is much easier to mine at the same time . To my opinion, this coin is very well suited for mining. It is not very popular, plus new blocks appear very often, so this is a good investment way.

[DanyloRomanyshyn 78]

I dont think that it is a good idea, but imma also not the professional crypto-trader, than decide alone

[Teofilo Leandro ynca 64]

Yes, because its value is very low compared to other years, it is good to invest now in litecoin because its value will rise again

[mithhumia 33]

Litecoin no matter what to be the first born and even forerunners nowadays, has not were able to rise above the nation's problems simply because ETH made, which inturn previously triples the nation's rate in 8 weeks gone by, that LTC i really believe is able to combine to provide a "stable medium sized "Where saving cryptocurrencies, considering the fact that the nation's commission payment is amazingly cheap and the interact is without a doubt swift, to shell out the application primarily functions the future.

[carolinasimon100 61]

I never used Litecoin before, I know it's one of the most recognized cryptocurrencies in the market, also known as the crypto silver, while Bitcoin is gold. For many years, LTC was one of the main competitors to Bitcoin. I would like to get to know it better, all the information here is really useful. 

[heatdz 53]

i dont like to invest ltc in 2020 not now.

[caeb2009 154]

Litecoins is one of my best coins, I am investing in it and it gave me a lot of profit. 2020 is a good year to invest in Litecoins and many other cryptocurrencies. Just buy and keep the Litecoins in your wallets and they will be rewarded in the future I recommend them

[mbohhe 51]

25 minutes ago, Shahbaz492 said:

Throughout 2020, the LTC coin didn't have anygreat changes. The coin price is quite stable and shows the bear market due to the three highest points with every other lower. ... You can also mine Litecoin if you are not ready to invest your money right in the coin.

I think it’s fair to call MimbleWimble testnet a great change. Litecoin is at a good price right now compared to Bitcoin. It could ofcourse go lower, but I believe we will se LTC catch up within the next year.

[Matias Conforti 89]

I think yes, it seems to me a great currency, its commissions are really low and it is one of the preferred to make transactions and payments, I particularly think that it has a gigantic future

[elimdavid 66]

I have using LTC 10 years LTC is a "low risk" investment which implies little return; for the years it has been around it has not grown as others, it seems to me that having the word lite in his name works against it; but to trade or hold in long term LTC is a good option.

[Yotc 0]

Very interesting topic.  Amazing Litecoin. How to choose Litecoin good buy now? 

Trade at Yobit good exchange to make profit!  low  Maker и Taker!

[abanob01222003 29]

Investing in LTC will be very beneficial in the long run After raising Bitcoin at the start of 2021, LTC will be $ 500

[jourdain 28]

Litecoin It is one of the strong digital currencies and will continue in the market and its use is expanding over time, as for its prices, its development path is good, and we are waiting for more.

[Mr.Lettuce 157]

Litecoin for me is one of the best crypto in so many ways. I think it is on the top 5 of the best actual crypto currencies, along side with eth and btc. It has a lot of potential for growing so indeed it is a great idea to invest on it. 

[mahdititus16 216]

all people talking about litecoin brother , that mean the lite coin it will be the best coin in future , so the investing in lite coin in 2020 that is good step , that all thing i can tell you about litcoin .

[Earbuzz 87]

 

I would not invest in litecoin.There is no development

[Mortyj 122]

Despite the fact that in recent years Litecoin has significantly lost ground to competing cryptocurrencies, it is still a fairly widespread popular cryptocurrency. It is traded on many cryptocurrency exchanges and is widely used for many other cryptocurrencies. This allows us to assume that Litecoin still has potential, and it makes sense to invest in it.

However, do not forget that investing in cryptocurrencies is associated not only with high profits, but also risks. This should always be kept in mind when making investment decisions, including investing in LTC.

[Tishevetra 71]

8 minutes ago, Mortyj said:

Despite the fact that in recent years Litecoin has significantly lost ground to competing cryptocurrencies, it is still a fairly widespread popular cryptocurrency. It is traded on many cryptocurrency exchanges and is widely used for many other cryptocurrencies. This allows us to assume that Litecoin still has potential, and it makes sense to invest in it.

However, do not forget that investing in cryptocurrencies is associated not only with high profits, but also risks. This should always be kept in mind when making investment decisions, including investing in LTC.

I completely agree with you. I follow the same strategy.
Since the launch of the LTC coin, I have raised a lot of money in investments. I believe that this coin has a great future!

[n2n2n2 0]

Хм, инвестиция не плохая. Я уже инвестировал близко 3 тысяч долларов. Подожду где то  годик-полтора.И буду фиксировать прибыль.

[Atiqkhan0 71]

On 7/29/2020 at 4:26 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?

One day I will also invest in bitcoin. And that's been a good investment for me. And there was a time when I had almost 3 litecoin. And it could be good investment.

[Mir Hamza 2888]

Investing in litecoin can be very beneficial for us. It is also a virtual currency like the rest of the cryptocurrency and there is no pressure on it, but it is also on its demand and buying. As you take the example of other cryptocurrencies as bitcoin, ethereum etc. These currencies have no value in beginning but as the time passes they make a good reputation. Now the litecoin is of $50. And it will go above from $50 and it has no chances to come down. But no one can prediction about whether it will come down or go up because it too acts not to break the full promise.