Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: gcube1305 on November 18, 2013, 04:59:23 PM



Title: LTC : Keep or convert to BTC ?
Post by: gcube1305 on November 18, 2013, 04:59:23 PM
Hi all,

I have a few amount of LTC. I was wondering if i should convert it to BTC or keep them. I do not need my money right now (it is a long term investment).

If i continue mining LTC, should i convert them ASAP to BTC or should i keep them, expecting the price go up ?

What do you think?


Title: Re: LTC : Keep or convert to BTC ?
Post by: miztaziggy on November 18, 2013, 05:02:13 PM
Well what do you think will grow more quickly?

Say you have 100 LTC today worth say $500.

Those 100 LTC can buy 1 BTC worth $500.

Which do you think will grow more quickly? The value of BTC or the value of LTC?

Personally, I think it's easier for your 100 LTC to become $1000 if you left in LTC. Doubling from $5 to $10 per LTC seems more plausible in the short term than BTC from $500 to $1000.


Title: Re: LTC : Keep or convert to BTC ?
Post by: oOoOo on November 18, 2013, 05:07:14 PM
I say keep in LTC - as it as not experienced the rapid appreciation that btc has, there is more upside potential.

Also -> Speculation


Title: Re: LTC : Keep or convert to BTC ?
Post by: raspcoin on November 18, 2013, 05:19:15 PM
BTC is more volatile than LTC, while the long-term increase is about the same for both. While LTC is the safer bet right now, it is possible that a new altcoin will dethrone it sometime in the near future.

In my opinion, both should be equally good to keep for about half a year. For less than that, BTC can be too volatile. For more than that, LTC can be replaced, although it is unlikely at this point.


Title: Re: LTC : Keep or convert to BTC ?
Post by: zoro on November 18, 2013, 05:59:23 PM
for long term investment you should have the trinity BTC-LTC-PPC
big amount from each
also a few mastercoins  ;)


Title: Re: LTC : Keep or convert to BTC ?
Post by: gcube1305 on November 18, 2013, 08:10:54 PM

Ok i'm gonna keep my LTC and hope price go up...

I was wondering about PPC, is there a pool that do merged-mining BTC/NMC/PPC?
Is there a pool that do merged-mining LTC/MST ?