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Author Topic: LTC : Keep or convert to BTC ?  (Read 1167 times)
gcube1305 (OP)
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November 18, 2013, 04:59:23 PM
 #1

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?
miztaziggy
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November 18, 2013, 05:02:13 PM
 #2

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.

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oOoOo
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November 18, 2013, 05:07:14 PM
 #3

I say keep in LTC - as it as not experienced the rapid appreciation that btc has, there is more upside potential.

Also -> Speculation
raspcoin
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November 18, 2013, 05:19:15 PM
 #4

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.

zoro
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November 18, 2013, 05:59:23 PM
 #5

for long term investment you should have the trinity BTC-LTC-PPC
big amount from each
also a few mastercoins  Wink

"killer app" of BTC = MasterCoin https://bitcointalk.org/index.php?topic=265488.0Mastercoin(A new protocol layer on top of Bitcoin)
gcube1305 (OP)
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November 18, 2013, 08:10:54 PM
 #6


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 ?
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