What are the risks of trading Litecoin?

[chirinemannai 143]

Here are a few points that summarize some of the risks involved in trading Litecoin:

As with Bitcoin, there is little historical valuation range or comparable cryptocurrencies. Basically, it is difficult to answer a question about how to assess fair value.
Changes in international capital controls may reduce cryptocurrency demand. Countries like China have laws protecting capital outflows; therefore, money is pumped into unregulated cryptocurrencies - to avoid such capital controls. Any change in laws relating to capital outflows may weaken demand.
It is disorganized and, therefore, some may consider it too risky. However, this is personal. At the end of the day, it's just a coin.
It is a commodity-like currency in nature; therefore, it is subject to market fluctuations, such as demand and supply. However, this should be a positive risk for traders dealing with commodities.

[Zzoro6110 19]

There is no risk, but it may lose its price and fall, which causes a loss and if it gained an increase in the price will cause profits

[Thekingcallme 1975]

The risks are recklessness and buying at the wrong time and this will make you lose or wait long to rise again

[bestprofi 372]

20 hours ago, chirinemannai said:

Here are a few points that summarize some of the risks involved in trading Litecoin:

As with Bitcoin, there is little historical valuation range or comparable cryptocurrencies. Basically, it is difficult to answer a question about how to assess fair value.
Changes in international capital controls may reduce cryptocurrency demand. Countries like China have laws protecting capital outflows; therefore, money is pumped into unregulated cryptocurrencies - to avoid such capital controls. Any change in laws relating to capital outflows may weaken demand.
It is disorganized and, therefore, some may consider it too risky. However, this is personal. At the end of the day, it's just a coin.
It is a commodity-like currency in nature; therefore, it is subject to market fluctuations, such as demand and supply. However, this should be a positive risk for traders dealing with commodities.

Litecoin is an old, strong and very good currency. Why should there be special risks to this cryptocurrency, different from the risks of other cryptocurrencies?

[Devh 564]

20 hours ago, chirinemannai said:

Here are a few points that summarize some of the risks involved in trading Litecoin:

As with Bitcoin, there is little historical valuation range or comparable cryptocurrencies. Basically, it is difficult to answer a question about how to assess fair value.
Changes in international capital controls may reduce cryptocurrency demand. Countries like China have laws protecting capital outflows; therefore, money is pumped into unregulated cryptocurrencies - to avoid such capital controls. Any change in laws relating to capital outflows may weaken demand.
It is disorganized and, therefore, some may consider it too risky. However, this is personal. At the end of the day, it's just a coin.
It is a commodity-like currency in nature; therefore, it is subject to market fluctuations, such as demand and supply. However, this should be a positive risk for traders dealing with commodities.

Crypto currency is decentralized until a govt hold some law to regulate it. So it's still will decentralized. There is no fear and no loss in litecoin. Lite coin is good coin and i personally make a lot of profit for him and mostly i recommend to every user. There are many LTC holder and it value is increasing day by day. One day LTC will hit 200$ in upcoming year and its not much late. Still we have chance to buy LTC at around 50-60 dollars. Many news come many forces tent to ban it but nothing will happend and everything is working fine.

[iloveyobit 6599]

i think there no risk of trading litcoin , or not too much risk at least because i think litcoin is a good coin as a project and as a team and deserve the top 2 .

[dhemasm 219]

All cryptocurrency trading certainly has risk, which is not riskable coin and traditional assets such as gold, etc. Basically Litecoin is indeed more stable than some other coins but still it has an unpredictable risk, So do the analysis and conclude the results yourself.

[dentolas 551]

I like LTC a lot, it is fast and has cheap fees. It is one of the oldest (right after Bitcoin), fairly stable, and with no special issues... some people say that LTC - silver coin , was made at the same time as BTC - the gold coin and aimed to day-to-day transfers...

Besides the inherent risk of cryptocurrencies, I see no danger in trading LTC... it is not far from the minimum on the last bear market and still very far from the more than $400 on the last bull run

[Bitxalt 452]

cryptocurrency trading especially litecoin the risk is almost the same as other coins, trading of cryptocurrencies does promise a big profit if we can control and manage our investment, but there are risks we must anticipate for that.

[CrazyIvan 258]

33 minutes ago, Bitxalt said:

cryptocurrency trading especially litecoin the risk is almost the same as other coins, trading of cryptocurrencies does promise a big profit if we can control and manage our investment, but there are risks we must anticipate for that.

Of all cryptocurrencies, I consider Litecoin quite safe investment. Litecoin generally walks behind bitcoin, thus is it quite safe. It is better to invest in wellknown coins with a respectable reputation than coins outside of top10

[Bitxalt 452]

6 hours ago, CrazyIvan said:

Of all cryptocurrencies, I consider Litecoin quite safe investment. Litecoin generally walks behind bitcoin, thus is it quite safe. It is better to invest in wellknown coins with a respectable reputation than coins outside of top10

Actually its safe and scure if we want to invest coins that list in top 10 coinmarketcap, I said risk trade its not scurity invesment, so, we can lose our balance because we wrong analyze where market move. But we can earn good profit too, if we do good analyze and predict right price.

[xprince1996 865]

Thank you for pointing the risk of trading litecoin. But I think the most important risk of it is the lack of progress of the project itself that's why it is not moving forward.

[Akbor 1042]

I don't think ltc trading has any risk if you can do it expertly. if the price go down then you need to wait for increasing the price. ltc is a very good coin as the trading fee is low .

[CryptoMaxim 3829]

On 20.10.2019 at 22:32, Zzoro6110 said:

There is no risk, but it may lose its price and fall, which causes a loss and if it gained an increase in the price will cause profits

With the recent rise in the price of litecoin, it is risky to trade it at that time. It is better to wait until the price settles. And the can be incur losses.

[Jimmy 437]

Same with other cryptocurrency i think, It's volatile and risky Unlike other altcoins, Litecoin is on the altcoins top list and is not too risky despite following the conditions of the bitcoin market but at least the risk is minimal compared to other small altcoins.

[nasipadang 399]

On 10/21/2019 at 12:59 AM, chirinemannai said:

Here are a few points that summarize some of the risks involved in trading Litecoin:

As with Bitcoin, there is little historical valuation range or comparable cryptocurrencies. Basically, it is difficult to answer a question about how to assess fair value.
Changes in international capital controls may reduce cryptocurrency demand. Countries like China have laws protecting capital outflows; therefore, money is pumped into unregulated cryptocurrencies - to avoid such capital controls. Any change in laws relating to capital outflows may weaken demand.
It is disorganized and, therefore, some may consider it too risky. However, this is personal. At the end of the day, it's just a coin.
It is a commodity-like currency in nature; therefore, it is subject to market fluctuations, such as demand and supply. However, this should be a positive risk for traders dealing with commodities.

It also applies to other cryptocurrency, not just litecoin or bitcoin. The decentralization of cryptocurrency makes the market fluctuate and the lack of control makes it a high level of fluctuations. I think it would be easier to say that the risk of cryptocurrency trading (LTC) is the level of fluctuation.

[Crypto123 0]

There is a risk in trading in any cash rash and not only Litecoin, this is known to all, there is no investment without risk, I think the boom that took place at the end of 2017 when bitcoin rose to 20,000$ and the rest of the cryptocurrency flew behind it causing great harm to traders according to my personal opinion and the opinion of some Of course. The reason is that most people now when you buy a currency think that the price of this currency will rise as it did in 2017, but maybe this will never happen again. Therefore, currencies are not chosen on the basis of the realistic price, but rather on the basis of the boom that occurred at the end of 2017....

[silvergain 271]

in my view litecoin has more risk than bitcoin. because bitcoin is the mother of other crypto coins but litecoin can be depreciate at any time. It's not stable because sometimes this price goes to the mount Everest and sometimes it backs to double bottom. It can go to under 2 or also have big opportunity to go at 2000 in the nearest futuretime.

[Yanadia 1517]

I don't think it's risky to trade Litecoins because trading won't make you lose only if it's not careful you don't make a profit.  Liecoin is one of the 5 best choice coins

[sidik7 1217]

On 10/21/2019 at 12:59 AM, chirinemannai said:

Here are a few points that summarize some of the risks involved in trading Litecoin:

As with Bitcoin, there is little historical valuation range or comparable cryptocurrencies. Basically, it is difficult to answer a question about how to assess fair value.
Changes in international capital controls may reduce cryptocurrency demand. Countries like China have laws protecting capital outflows; therefore, money is pumped into unregulated cryptocurrencies - to avoid such capital controls. Any change in laws relating to capital outflows may weaken demand.
It is disorganized and, therefore, some may consider it too risky. However, this is personal. At the end of the day, it's just a coin.
It is a commodity-like currency in nature; therefore, it is subject to market fluctuations, such as demand and supply. However, this should be a positive risk for traders dealing with commodities.

the risk in trading all coins must include litecoin  its just that all of them are almost similar to the risk when we trade the most frequent risk is that loss is a natural thing in trading here it is necessary to learn more proccess in trading .

[Pab100 29]

Litecoin problem is drop in hash.Miners switched to mine bitcoin before bitcoin halving

However LTC price is very low and i believe LTC will rebound during btc bull run

But i think bitcoin will be most profitable during coming months

[Viktor112 1]

I don’t now

[miskyming 1588]

Not just litecoin, but all cryptos are risky to invest, especially shitcoins that has shady project, chances of losing money if you invest a shitcoins.

[cryptozalmii37 257]

Well this article is very useful I have read all of the comments and I found this article and comments very useful for my trading

[Whydoyoucare 1094]

Trading litecoin is not that so much risk involved, litecoin is one of the fastest coin. if you are doing right you dont have to worry nothing, if the price is falling, dont sell and if the price is going up then sell.