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Altcoinfan

Investing in Litecoin in 2020?

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

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

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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.

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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. 

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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 .

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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.

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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!

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

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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.

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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. 

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Litecoin for me is agood investment because it is a decentralized cryptocurrency, like Bitcoin but faster when confirming transactions. In the crypto community, it used to be referred to as "digital silver" until Ethereum assumed that title. Litecoin was created by Google employee Charles Lee and launched on October 13, 2011 as an alternative to Bitcoin for everyday use. One of the main differences between Litecoin and Bitcoin is the higher speed of block formation and therefore of transactions (2.5 minutes and 10 minutes respectively). Also, Litecoin's transaction fees are lower. Litecoin is ranked eighth by market capitalization.When investing in Litecoin, one must be aware of an essential fact: Unlike investments in stocks or bonds, the only income that a cryptocurrency investor receives is income from the increase in price of the cryptocurrency. As such, there is no compound interest effect to investing in cryptocurrencies. But given the volatility of cryptocurrency prices, the price change alone can be significant.
 

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Litecoin is frequently compared to Bitcoin, since its operation is practically the same. However, LTC has come to improve very important aspects of its progenitor, as I mentioned, mainly related to transactions.

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In 2020 I will sell Litecoin, I think LTC has a chance to become a better coin than ETH because Litecoin's cheap transaction fees and also its good transaction speed make Litecoin an alternative coin after bitcoin. From sharing the advantages of Litecoin, it can be concluded that Litecoin has a bright future making it suitable for long-term investment.

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Litecoin has been one of the top performing cryptocurrencies in the last 12 months.  If you bought Litecoin in early 2017 when the price was $ 4.5;  you will be making nearly 8000% profit by the end of the year!  This means almost 80X you put in

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when this coin prices dumps then it's really cheap to buy, if you could wait for longer term it's one of the great coin in my opinion

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On 10/3/2020 at 5:36 AM, velasco19 said:

I like Litecoin as a currency, it was one of the first to earn in faucet when it entered the world of cryptocurrencies, but beyond the speed of transactions and low commissions, crypto has no other strong point and that is why its growth is not so notable relative to BTC and ETH pairs

What strong points do you see in BTC?

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