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[AudraMiller]

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?

 

[AudraMiller]

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

I think that litecoin has a lot of potential moving forward especially because of the fact that there is a halving event which shows a controlled supply of the coin as well.

 

[Ptrikha90]

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!

What I do is something like this.

A) Purchase some currencies like BTC, Btc Cash etc when their price is say 200 or 300 (an example).
So I buy them - 20 units at 200 so it makes my cost = 4000 (actual would be much lesser but I am just giving an example).
B)Sell some at 300/400 or more- that is make some profit. But sell partly - 10 units only.
C)Buy more at some dip. Say if dip is from 300 to 280.
D)Repeat A,B,C with the same and other currencies.

The key is not to invest too much as well as not to sell off in one go, unless I have urgent needs.

 

[Balint098]

Litecoin is a versatile one. The coin has a lightning fast confirmation time, low fee, an established userbase, and has been around for quite a while.

 

[Brain]

Litecoin has been helpful especially when it comes to exchanging it to withdraw to another wallet or send money to someone. using LTC will enable you complete the transaction a lot faster another good thing is that the fees that will charge will be a lot lesser compared to trying to withdraw with Bitcoin

 

[dorcasy]

Litecoin is a very promising coin and it's has really been of help when it comes to running exchange across wallets because of its very low rate. It's really not a coin to invest with for a long term because of how it reacts when there is a shake in the market, a pump in the coin is really insignificant.

 

[CyberPreNurse]

I have invested in lite coin several times and have taken profits to what I have some of my coins I bought went was at a very high rate and up to now I've not been able to recover my losses but I'm still optimistic that before the middle of next year we'll get to see the coin going as high as possible and then make massive profits by then also.

 

[Ptrikha90]

Indeed, Litecoin would have worked to the advantage of many. For a big part of the current year, I was away from doing anything with Litecoin as BTC and Bitcoin Cash and then XRP, USD etc were something I was focused on.
Yet in the last few months, I am adopting a gradual exposure increase approach for Litecoin.
I just hope that I am able to make a good return on Litecoin in the coming times.

 

[Ridorz]

Well, litecoin is good too invest on and make a good by invest a good money on it, if you really know the way it's working, buy when it falls down and sell when it rise up. The coin and even lot of other coins are following the movement of Bitcoin. Many of them rise up and drop down when the Bitcoin do so.

 

[Ivanr01]

Everytime the earliest investors earns a lot. The ltc situation is same as doge. While in the start it was on low price,soon it gone up and explode to maximum price, following all crypto charts. Ltc today is just stable coin with the lowest fees possible.

 

[Kennysplash]

The reason why many people are interested in Litecoin is the low transaction fees. I was also surprised at how low and insignificant it was. This will make many online business entities especially to make use of it as a means a f payment. It will spike the Whales' interests too.

 

[Pousinha]

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.

Yes, I find bitcoin a very better option too, better said: the best cryptocurrency. After the last plummeting of January, bitcoin is now rising again. I go on seeing litecoin as very good cause its low fees and obviously to earn and to be exchanged to FIAT, but I can't see it as an investment option.

 

[Wisdom01]

The reason why many people are interested in Litecoin is the low transaction fees. I was also surprised at how low and insignificant it was. This will make many online business entities especially to make use of it as a means a f payment. It will spike the Whales' interests too.

The low fees is really encouraging ,I think it's why many payment platform are really making use of it ,most payment platform aren't interested in paying high gas fee on other çrypto currency so they choose to make use of it , now there are many coins with low fees too

 

[Ptrikha90]

Yes, I find bitcoin a very better option too, better said: the best cryptocurrency. After the last plummeting of January, bitcoin is now rising again. I go on seeing litecoin as very good cause its low fees and obviously to earn and to be exchanged to FIAT, but I can't see it as an investment option.

I would go with Litecoin as an additional option, but well, it can give good returns as well. Of course, it is more of a speculative thing just like with the traditional stocks.

 

[givemesomespace]

I prefer to have a mixed strategy. I hold some BTC and some altcoins such as Litecoin, Solana and Cardano.
To get my altcoins I use https://changenow.to, which I think is the easiest exchange to use. Fast and anonymous.

 

[Wisdom01]

Litecoin has been helpful especially when it comes to exchanging it to withdraw to another wallet or send money to someone. using LTC will enable you complete the transaction a lot faster another good thing is that the fees that will charge will be a lot lesser compared to trying to withdraw with Bitcoin

with the great fee reduction attached ,I think to me ,the coin is actually a good one to invest on ,I have that prospect and that feeling that litecoin would take the step ethereum is taking ,it's going to happen definitely ,and just like the way ethereum increase in the range of Bitcoin

 

[Ptrikha90]

with the great fee reduction attached ,I think to me ,the coin is actually a good one to invest on ,I have that prospect and that feeling that litecoin would take the step ethereum is taking ,it's going to happen definitely ,and just like the way ethereum increase in the range of Bitcoin

I have had to hold back on more investments for the time being since there have been some medical issues at home.
Looking to the next few months to make good again.

 

[givemesomespace]

I prefer to have a mixed strategy. I hold some BTC and some altcoins such as Litecoin, Solana and Cardano.
To get my altcoins I use https://changenovv.io, which I think is the easiest exchange to use. Fast and anonymous.

 

[MayorKayz]

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.

The low transaction fees is one of the reasons that made litcoin popular after the rise in bitcoin and etherium transfer fees were increased to more than $20 then but now back to normal.
Litcoin is a grate coin and it can be easily predicted by cryptocurrency traders.

 

[fadiation111]

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?

Yup litecoin has recently made lots of millionaires. But right now the price of litecoin is not increasing like it was expected. It was expected it will rise up like bitcoin or Ethereum. I am hoping that it will reach the price of fifty hundred dollars in this year. If that happens I will make a good profit from my investment

 

[BullyMaguire]

I got a good amount of profit by buying litecoin and since it is cheap again i will definitely buy again now while i wait for another bullish season. I think it's also a good idea to stock up on coin and wait for the halving of bitcoin i feel like there's a good chance that it will make everything bullish for a while