Welcome to BeerMoneyForum.com - BIGGEST MAKE MONEY FORUM ONLINE

[AudraMiller]

For those that did invest in the litecoin last year, the returns that they will be seeing on their investment is certainly undeniable with the price of LTC rallying above the 200 USD mark. However, according to crypto analysts, this may not be end of the LTC rally, and the price may even grow to a state of 1000 USD in the course of the 2021 year. According to crypto analysts, if the LTC coin can break the resistance layer at 420 USD, then the 1000 USD value is not that far off and given how the price is growing this may be very possible. What are your thoughts on this? Do you think LTC can reach the 1000 Usd mark?

 

[Horia_10]

Definitely , these are all derivatives and are based on and affected by the growth of bitcoin in the market , if bitcoin grows the market rises , else it falls and that too very badly so talking about litecoin reaching $1k for that to happen , bitcoin has to first reach at-least $300k If not more at-least .

 

[Wisdom01]

There was a time when there were many hype around litecoin which made people to project the price of litecoin to soar up to $1000. The hype was mostly on the low transaction fee associated with it but the fact remains that people are not really more concern with making payment with a less transaction fee associated coin than a coin with use cases that can allow them generate passive rewards. I still believe in litecoin but I do not see it getting to $1000 any time soon . The trading volume is not really that high to start with and lacking the presence of projects on its network is another one.

yeah getting to $1k ,looks very impossible ,I even think now that litecoin have introduced some privacy option ,it would really be very impossible , because even countries are actually not supporting the great movement to see the price build so high to expectations

 

[Skysaint]

Yeah, I do believe so too. The coin is obviously a good one and there has never been a time it disappointed it's investors as it keeps going bullish whenever the bullish season is set to start.
I once invested in the coin and it earned me good profits. It's just to sad that at some point I choose the Luna coin over it; that was before the dip though . But the LTC coin has a lot of potentials.

 

[Wisdom01]

Yeah, I do believe so too. The coin is obviously a good one and there has never been a time it disappointed it's investors as it keeps going bullish whenever the bullish season is set to start.
I once invested in the coin and it earned me good profits. It's just to sad that at some point I choose the Luna coin over it; that was before the dip though . But the LTC coin has a lot of potentials.

the Luna own was a big mistake to me too ,the coin dipped so well that many who invested made huge loss within a short time ,I believe part of what actually caused a huge decline in Bitcoin price of recent was actually the Luna dip and others ,it's affecting Bitcoin rapidly now

 

[Skysaint]

the Luna own was a big mistake to me too ,the coin dipped so well that many who invested made huge loss within a short time ,I believe part of what actually caused a huge decline in Bitcoin price of recent was actually the Luna dip and others ,it's affecting Bitcoin rapidly now

Yes. So many people had a lot of faith in the Luna coin before the dip experience. This is because the coin showed a lot of potentials that it doesn't even go dip when other coins are going dip and I believe it made a lot of people invest a fortune in the coin.
I just wish the market becomes bullish so we can earn back what we've lost.

 

[Wisdom01]

Yes. So many people had a lot of faith in the Luna coin before the dip experience. This is because the coin showed a lot of potentials that it doesn't even go dip when other coins are going dip and I believe it made a lot of people invest a fortune in the coin.
I just wish the market becomes bullish so we can earn back what we've lost.

the market would turn out bullish , but the problem now is when , because it won't be so good if it finally take years to turn out bullish ,the people who had invested might regret , for they would have made loss instead of more profit off their investment too I think

 

[Skysaint]

the market would turn out bullish , but the problem now is when , because it won't be so good if it finally take years to turn out bullish ,the people who had invested might regret , for they would have made loss instead of more profit off their investment too I think

What I know is that the dollar price will still rise and if so, it means that other cryptocurrency coins will likely dip. The problem is when is this going to happen because the market seems to be going just fine right now.
I just pity those who see cryptocurrency investment and trade as their main source of income. They must be in a hard time right now.

 

[Wisdom01]

What I know is that the dollar price will still rise and if so, it means that other cryptocurrency coins will likely dip. The problem is when is this going to happen because the market seems to be going just fine right now.
I just pity those who see cryptocurrency investment and trade as their main source of income. They must be in a hard time right now.

exactly those who sees cryptocurrency as their only investment options are in great regrets , because with how crypto currency keeps decreasing in value ,the more likely they are to make more loss , cryptocurrency comes with greater risk ,I actually wish those who want to take it as a source of income to study it properly before taking it as a job

 

[remenyip]

Maybe in 2023 or 24