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❕NEWS Litecoin has worked to the favour of many

AudraMiller

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There are many people that are invested in cryptocurrency now and to be honest if you invested the right amount when some of these coins had a low value, we would have seen a massive rise in the number of millionaires across the world. This is something that many have achieved through cryptocurrency. In a recent news article that was released, it seems that the LTC coin, has been responsible for some of this as well, creating over 950 millionaires from investments into their coin. This is based on the value of LTC coin in the various different wallets. What are your thoughts on this?
 

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The coin seems very profitable and always following the direction of Bitcoin ,it's very cheap and a good coin to hold if you want more gains rather than choosing costly coin with lesser growth percentage
 

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Litecoin has always been a profitable coin and worth investing in it. If one can buy and hold for a while before selling then good money can be made at the end of the year
 

Henrytuedor

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Litecoin Is A Ridiculous Coin As Compared To Bch Because If It Goes Up 10% It Will Be Bound To Fall Twice So That's Your Choice To Be Honest .
 

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Too Fast Up And More Fast Down Is The Problem With Ltc To Be Honest It Has Shown Growth But Falls Make It The Worst In The Top 10 Coins .
 

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Litecoin is great for investments especially when bitcoin is behaving but the speed at which it drops when btc dips can be very annoying since it rises at such a snail pace when btc is rising.
That is the challenge most of this altcoins are having you can imagine bitcoin has been on the rise since all these days but because it's having little correction now the altcoins are also dropping meanwhile they have not been making progress why bitcoin was increasing.
 

crypworld

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It is a wise decision for the people who invested in litecoins and other cryptocurrencies when the value of the coin was low.

But nobody expected this sudden surge because the crypto market was down for almost 6 months and many would have thought it's the end of the crypto world.
 

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That is the challenge most of this altcoins are having you can imagine bitcoin has been on the rise since all these days but because it's having little correction now the altcoins are also dropping meanwhile they have not been making progress why bitcoin was increasing.
Yeah. Check out litecoin that dipped to as low as $174 even with bitcoin not doing badly, now I wonder how much it will dip with btc correcting now.
 

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It is a wise decision for the people who invested in litecoins and other cryptocurrencies when the value of the coin was low.

But nobody expected this sudden surge because the crypto market was down for almost 6 months and many would have thought it's the end of the crypto world.
Whenever you're investing into cryptocurrency it is better to be prepared for both the bullish and bearish moment because that is the two moment in the market.
 

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It's still cheap now. Im currently holding some just to wait until it doubles atleast doesn't matter how long. Im sure it will eventually happen
 

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It's still cheap now. Im currently holding some just to wait until it doubles atleast doesn't matter how long. Im sure it will eventually happen
Yeah I guess the all time high value of litecoin was arround $500 earlier this year then I was thinking it will close at $1000 this year but unfortunately crackdown dipped the price.
 

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Litecoin is a very loved cryptocurrency in Latin America, as our best local exchanges list it. It constitutes the easier way to receive a cryptocurrency to convert to FIAT. Low fees, feasible amounts to send and receive, no blockchain issues. That's why I exchange to litecoin the majority of the amounts I receive as online payments, but those are thee amounts I need to convert to FIAT very soon. I wouldn't invest, as litecoin uses to drop too many times. No way to earn from such an investment.
 

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The litecoin is a wonderful coin consider that it comes with low transaction fee and the developers of coin are into partnership with other companies to boost it use case.
 

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The litecoin is a wonderful coin consider that it comes with low transaction fee

Yes, the low transaction fee is one of the best points that favor litecoin.

and the developers of coin are into partnership with other companies to boost it use case.

Since this is how it is, I hope litecoin to face a bullish time. If possible, in the next future, even if there is to know it's impossible to exactly predict how a cryptocurrency can behave in the future.
 

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There are many people that are invested in cryptocurrency now and to be honest if you invested the right amount when some of these coins had a low value, we would have seen a massive rise in the number of millionaires across the world. This is something that many have achieved through cryptocurrency. In a recent news article that was released, it seems that the LTC coin, has been responsible for some of this as well, creating over 950 millionaires from investments into their coin. This is based on the value of LTC coin in the various different wallets. What are your thoughts on this?
This millionaires must have been long term holders because litecoin price action has recently been poor especially after the bug dump that happened in May.
 

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This millionaires must have been long term holders because litecoin price action has recently been poor especially after the bug dump that happened in May.
people's knows the potential and knows the all-time high of litecoin invested on it during that crackdown and by now they are already in profit and I'm sure they might hold it till it reach $500.
 

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I do invest in Litecoins but BTC and BTC Cash are my priorities and some other ones like Ripple, USDT etc.
I follow my phase by phase strategy and that seems to help mostly.
I will see if I would increase LTC part in the coming times, but with due planning.
would it be ok to elaborate the phase by phase strategy? I am not sure if I get the meaning correctly. Thank you very much!
 

Brain

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It's still cheap now. Im currently holding some just to wait until it doubles atleast doesn't matter how long. Im sure it will eventually happen
You are doing the right thing. Even Bitcoin users are holding their more now waiting for it to rise. So it isn't a bad idea to hold your litecoin still when the price is really what you want to sell at that time
 

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