Bitcoin Forum

i have been holding LTC for a long time and it went uphill and then crashed again! I bought at $39, and then later at even $100 when i saw a huge jump and crash .. back and fourth but after 2022, there has been no significant changes in prices, even when i can literally spend it online to buy almost anything! Since ltc have a use case and widely used due to its lowest fee and quicker transaction time, is there any chance it breaks $100 barrier once and for all and finally able to go up to a suitable price point? or it will stay afloat at this $60 ish price range forever!

When bitcoin was in $64500 or so in 2021, litecoin got to $413 or so. When bitcoin got to all-time high in this year, litecoin increased to $112 or so. Bitcoin is at $65700 right now while litecoin is at $69.9.

If bitcoin can increased above $100 thousand, litecoin will also most likely increased above $100. But from what I have explained, you should notice that litecoin is not worth buying unlike in the past, just like many other coins that were created since 5 years ago.

Yes, very possible.
LTC is like a silent worker that nobody sees how it works. It has been high last bull run of 2021 and I believe that it will still be able to surpass $100.
That's just an opinion and not a financial advice. But as long as there's a use case on it, a community that's already been mold by time.
LTC will remain to be one of the most known altcoins in the market although dropping its rank because of the market cap, but that's just it. LTC follows BTC's movement so, the chances are pretty good for that price range that you're thinking of seeing it will go. It won't stay on $60-$70 forever as it never changes with its volatility too. The attention might not be on its center but historically, there's still a sense with LTC.

This happens because new altcoins are constantly appearing and people are selling their old altcoins to buy new altcoins. Just look at the case of Solana, which is newer than Litecoin, but Solana has a higher price than Litecoin and has more attention, even if it is because of the meme coins, which are mostly shitcoins. While Litecoin doesn't have much to offer, I personally don't buy altcoins for the long term. I always prefer to buy Bitcoin and HODL it for many years, because it is more reliable.

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https://www.talkimg.com/images/2024/09/28/iaxDg.png

and the BTC - LTC chart and as you can see, LTC is falling every year that passes, it is no longer worth buying LTC. It is better to buy bitcoin which still has room to rise 2x or even 4x

LTC is most likely going to follow bitcoin once bitcoin starts booming again.  Things are starting to look bullish again, and litecoin should be right there.  I'd even go as far to say litecoin will probably hit a new all time high.  Never underestimate these older coins and their staying power.

You have done the most difficult thing already, you have held your litecoin after the crash and accumulated more of it for a good price, this is not really the moment to doubt yourself and sell your coins, because if you do, you would have wasted the perfect opportunity you have created for yourself, just hold a little bit longer and you will obtain the results that you have been looking for during the previous years.

If the Bitcoin market gains a better position then LTC will certainly take a better position.  We saw the LTC market peak in 2021 at $413.  Dumping from here, the market is currently sitting at $70.  You may have said $60 will remain stable since you said till now but it has increased like $10 then you understand that if the market is pumping then LTC will not be in a dumping state it will definitely be pumping.  You can expect to cross $100 soon.

the performance of litecoin definitely decreases, I mean in the first place the coin is too obsolete technology wise, people like to seek new coin so old coin like litecoin will have less and less investor as the time goes, it's not worth investing to it anymore, better settle with newer coin just for the sake of chasing the capital.

BTC priced more than previous ATH where litecoin not even reaching a quarter of 2021's price is crazy, it's a sign of dying asset. though I might be too overreacting. if I were OP i wouldn't bet on underperforming asset like litecoin and migrate over to better coin with better future prospect.