LTC for BTC...?

[Slow death]

Well, time for my question...


If you did have "say" 500-2500 LTC would you still Hodling it, or do you think is is\was time to sell them and exchange for BTC? (maybe a while ago?) And why?

Why I ask this; LTC is failing (in price AND evolution) compared to BTC.
Always looked at LTC as -digital Silver-... (to BTC = digital Gold comparison)
What I used to call "Litecoin Miner" is today called "Dogecoin Miner"

you may already know that in this crypto market the competition has become very high and having said that old altcoins like litecoin that are not keeping up with the new trend are losing interest from investors and as a result it is no longer an attractive altcoin, just see that to do Litecoin day trading has become a big headache because it doesn't have good volume, sometimes you have to wait hours for the btc - ltc pair to increase in price, honestly the only advantage you would have if you bought litecoin would be that how the price is very low and has the potential for 2x in the next few months I could buy it, but it is not guaranteed to have 2x due to high competition with better projects, having litecoin is risky

Is\was it time to exchange LTC for BTC???
Will LTC stand up to everything else -created- right now?
Could LTC be used in Metaverse projects?

Am I wrong thinking LTC has -failed- in some ways??
Should I prefer still Hodling my LTC after 6 years instead of looking for "something better"?

Let me know what you think

just exchange to bitcoin and save yourself headaches

[ethereumhunter]

I don't think so, as Litecoin is already here for a long time, if they already failed, a long time ago they were already not on the high market cap altcoins.
We all know that Litecoin is forked of Bitcoin which we also consider that Litecoin is a silver version in cryptocurrency, that's why I rather invest in Litecoin other than some random altcoins.

Probably not. But when compared to other projects, maybe Litecoin is late to provide updates and seems to be limping in the crypto world. I suggested that to him because he already seems hesitant to hold Litecoin so if he can't hold Litecoin any longer, he's better off selling some or all of it to switch to bitcoin. Other than that, I'm only suggesting Bitcoin as his investment coin, and if I'm suggesting holding his money in USDT, he can use USDT to buy almost any type of coin on the market.

[kotajikikox]

Please DON"T mate , yeah Bitcoin seems to be late in advancing nowadays but it doesn't mean that Litecoin should be a right option to shift , i think what you have to do is that Stay in Bitcoin and just put small amount in litecoin for better option .

it is better to Have 2 than just go all in one coin as the market is showing multiple act and not constantly in bitcoin totally .

[jaberwock]

Please DON"T mate , yeah Bitcoin seems to be late in advancing nowadays but it doesn't mean that Litecoin should be a right option to shift , i think what you have to do is that Stay in Bitcoin and just put small amount in litecoin for better option .

it is better to Have 2 than just go all in one coin as the market is showing multiple act and not constantly in bitcoin totally .

No, he don't want to convert his bitcoin to litecoin but he is planning to convert his litecoin to bitcoin. This sounds better in your own terms right? because you seem to like bitcoin the most based on your words but imo litecoin is also a good coin. Op call it a shitcoin or anything else other than bitcoin is a shitcoin for him but he still invest on ltc.

I can agree that eth is a shitcoin because this is also what the majority is saying and we also have a shitcoin category, those are meme coins and new hype/trendy coins but some of the coins that are on the top list are not a shitcoin. Don't know if what is the price of ltc now but bull market haven't started yet. He can hodl for now and sell some of his ltc when it occurs, he can then use some of these funds to invest in btc.

[elisabetheva]

We obviously need to know that Litecoin is a crypto asset designed to be an alternative in fast, secure and low-cost transactions by taking advantage of all the uniqueness and advantages of blockchain technology. Litecoin only takes 2.5 minutes for every 1 transaction block, the Litecoin network offers instant, almost zero-fee payments that individuals or institutions can make around the world. Like virtual currencies in general, Litecoin is a form of digital money that individuals and institutions can use to buy goods and transfer funds between accounts.
It is developed on the same blockchain as Bitcoin and can be used to make payments. The biggest advantage that Litecoin has to offer over Bitcoin is - speed. The fact is that Litecoin is called “Lite” coin because it is almost four times faster than Bitcoin.

This advantage of using Litecoin over Bitcoin will attract many new investors. Their Litecoin price prediction for the end of 2022 is $1000, but there are also predictions that it could even go up to $2000!
There are other projections that expect Litecoin's price to rise to the $1000 mark. They believe more investors will start investing in Litecoin because they are looking for options other than Bitcoin, and to reduce risk.

Again, all of this is an analysis of those who predict about Litecoin and everything is returned to each individual that what will be done is also analyzed as well as possible because everything can be different from what we analyze ourselves.

[Darker45]

The problem with the altcoin world is that things aren't as permanent as people may prefer. LTC used to rank second and then it fell to third the following year, and then fourth the next, fifth the next, and so on. Crypto fads and trends are rising and falling in the altcoin market. Its presence is very strong that coins and tokens come and go as if they they're all castles built on sand. LTC might be no different, although perhaps it has a considerably strong community knowing that it is one of the pioneers. But you cannot risk too much on it. So if you prefer to HODL some LTC, it should be in moderate amounts. I, too, have some old LTC in my hardware wallet.