Bitcoin Forum

Local => India => Topic started by: kathiresan on November 23, 2013, 12:31:17 PM



Title: litecoin/bitcoin?
Post by: kathiresan on November 23, 2013, 12:31:17 PM
hi guys i am planning to invest in bitcoins or litecoins.
since i am new i cant come to a conclusion. can you guys suggest me in which i can invest.
and will bitcoin crash or will in increase? and how will be the futhure of litecoins?


Title: Re: litecoin/bitcoin?
Post by: jinson on November 23, 2013, 12:53:21 PM
So much has happened so fast to the p2p currency , now your guess is pretty much as good as anyone else's.

Bitcoin was around $120 or so when I came into the scene, and that time I felt that I had missed the boat and no point in investing in BTC now. Then I saw the price go up day by day and I put my money in when it reached $300+ and I wished I could have done the same when BTC was at $120. Now the price is at $800 and I wish I could have purchased more BTC when it was at $300. Pretty much the same story with LTC, it was never above $4 and in the last few days it almost touched $10.

There is a lot of positive publicity and media attention upon Bitcoin now unlike ever before, so yes, bitcoin is here to stay and it has a long and prosperous road ahead of it. But that being said, just like in any other investment, one fundamental rule applies here too, do not invest more than you can afford to loose.