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ETH seems to move up to slow for me honestly, I'm planning to hold for 3-6 months, and take my profits. Afterwards reinvest it before the end of the year.
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I'm interested in diversifying my portfolio as I currently have 100% into Litecoin, but can't decide on how I should split the percentages.
I'm thinking:
Bitcoin 50% = $2500 Litecoin 33% = $1650 Etherium 17% = $850 (Gets me 1.x ETH)
How does this look? I honestly think that LTC could have a bigger year than ETH, if things come into play like Litepay/Litepal.
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I'd say expand your portfolio, instead of two coins buy three. 50% Bitcoin, 25% Litecoin, and 25% Etherium. If you're really set on only two, I'd say 50/50 on Bitcoin and either Litecoin/Etherium. (You decide on which project you like better for ETH/LTC)
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What are your desired/expected returns from $5k? How long do you plan to hold?
Often you see people expecting 10x from the top coins, if you're fine with 2-3x I would say this is more realistic for top coins.
I don't really care for 10x from top coins, even if I got 2-5x return over the next year or so I'd be fine with that. I feel like even by then, the crypto currency will have moved on to possibly the next generation of coin and we'll see more strong consistent ones rise. I'd like to hold my coins until the end of the year. Plus the only other issue that I'm running into, is that I can't find a safe and reliable site to use.
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What's the cause of this hard spike? It's quite amazing, don't count LTC out of the game just quite yet even after Litepay fail.
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What currencies would you buy with, and why? Looking to make a great portfolio, and somewhere to start. LTC got my attention, but the recent news kind of scares me owning so much of it. I'd like to stay towards the more well known Crypto's and no shit coins. I'd like to stay in the top 15-20
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Currently watching Litecoin, and it seems very lackluster in growth compared to ETH. Litepay launch fail didn't help here much, and seems to be giving people a second guess on backing it. Unless there's other reasons that I'm unaware about, that's causing LTC to lag behind the others.
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I think LTC will out perform ETH this year. Mostly due to lightpay going into effect. After the end of this year I'm switching back to ETH as it will start to out perform LTC.
Even with the failed launch of Litepay cards?
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Which should I invest in, that potentially has more growth? I know this really isn't able to be given a direct answers, but what's everyones opinion and why are they different?
To me it seems more people are interested in ETH, over LTC which seems to be the case. More investors equals more interest, and a better growth.
The current issue with Litepay has kind of turned me off of LTC, but if things work out that seems like it could be a good spike in growth as well.
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LTC seemed lack luster and a big disapointment for litepay, while the other currencies jumped it stayed relatively even before dropping. I'm hoping more is stepped up after the launch a day ago, but that didn't seem to go so well. I'm thankful that the price seems to be staying between 210-25, but was surprised to see every other coin jumping up, and it stayed the same/recovered in most spikes rather than growing within the week.
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What's currently going on with Bitcoin, and the alts? They've all been dropping, and seemed to raise before slowly decreasing now. I'm not worried honestly, because I know it'll spike in time.
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Unfortunately I bought some at $230 thinking the dip wasn't going to drop more, then bought some at $190. The rest of my money comes in by next week so hopefully I can buy more at a relatively lower price.
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What's a great site/app to trade from? Coinbase is nice, but there's only four listed to buy from.
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I'll have to look more into LitePay, will this make this currency easier to use? I know that's a current issue with BTC, and all other currencies currently.
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Wondering if it's worth the investment? I read that there's supposed to be big things coming this year.
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My guess is that they're going to be hopefully making more production on the new gens, currently the issue is to much demand and not enough supply. These new 2080s are next gen, and much faster hashing.
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Because this is supposed to be the next gen of card, and when there's new cards people will hype, and more miners along with it.
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Nvidia is set to release a new graphics card this year at some point, possibly March-June time frame. I personally believe that there will be a spike in currency prices, anyone else think that this could be possible?
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I think the market of alt coins depends on Bitcoin for now, and I suspect that in the next few months when Nvidia releases the new graphics card (March-May timeframe) it will have a huge spike again.
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