Sell Litecoin for Bitcoins?

[abomnibus]

Ltc is in top 10 of all coins, so its a relatively safe bet. I'm holding some, I have no intention to sell anytime soon.

[1714771845]

1714771845

[Wipro]

I say yes, sell the Litecoin and get Bitcoins. But maybe not just all of them because sometimes it's good to diversify the investments and Litecoin isn't bad coin although doesn't have such potential as Bitcoin. You might also include ETH in your portfolio but still keep the majority of funds in Bitcoin, that is still the most profitable.

Litecoin is much fluctuate than bitcoin and it's value is not prominent to convert for bitcoin we have so none of the people will concentrate to sell the bitcoins for ethereum or BCH. These are much look faced coins in altcoin section.
Instead of doing just he can hold it sometime and it's value also will increase without any issues.

[obinisti]

thanks for the advices.
In fact, I don't have only LTC and BT
I've also some ETH, LSK, XRP, OMG, ARK & ARDR
But, LTC represents 35% of my portfolio and BTC 19%
That's why I was wondering if I did not have too much LTC

[batang_bitcoin]

What are your plans about bitcoin and LTC? What's your main goal, are you planning to hold for a longer time or you want to become a short term / day trader? Those two coins you are holding are good to hold and you just have to do nothing with it. But the idea of buying some more bitcoins is what you must do. As many news are coming out bitcoin's potentially growth is there and after some years the price today will be very far from the future's speculated price.

[obinisti]

What are your plans about bitcoin and LTC? What's your main goal, are you planning to hold for a longer time or you want to become a short term / day trader? Those two coins you are holding are good to hold and you just have to do nothing with it. But the idea of buying some more bitcoins is what you must do. As many news are coming out bitcoin's potentially growth is there and after some years the price today will be very far from the future's speculated price.

2nd option. Hold and hope for the long term (but not too long because as one said, at long-term we will all be dead 😬)

[pinky]

What are your plans about bitcoin and LTC? What's your main goal, are you planning to hold for a longer time or you want to become a short term / day trader? Those two coins you are holding are good to hold and you just have to do nothing with it. But the idea of buying some more bitcoins is what you must do. As many news are coming out bitcoin's potentially growth is there and after some years the price today will be very far from the future's speculated price.

2nd option. Hold and hope for the long term (but not too long because as one said, at long-term we will all be dead 😬)

Sit tight and hope for pump.

[francedeni]

What are your plans about bitcoin and LTC? What's your main goal, are you planning to hold for a longer time or you want to become a short term / day trader? Those two coins you are holding are good to hold and you just have to do nothing with it. But the idea of buying some more bitcoins is what you must do. As many news are coming out bitcoin's potentially growth is there and after some years the price today will be very far from the future's speculated price.

2nd option. Hold and hope for the long term (but not too long because as one said, at long-term we will all be dead 😬)

Sit tight and hope for pump.

Hope for pump of lct because bitcoin is surely will increase its value. Both ltc and btc are profitable and if you could hold do so. It is most speculative that price will rise and everyone who beleives will earned.

[avikz]

Hi all,

I'm kind of a newbie in the crypto-currencies world, but quite fascinated in fact...
I started to create my own portfolio of currencies (small one, 2500€ to start), where BTC represents 20%, and LTC 35% (and some loss, right now :-( )
So, I wonder if I should not trade some of my LTC for BTC

Or buy more BTC if we think it should raise and hold my LTC...

Any thoughts?

Thanks,
Olivier
PS : sorry for any languages mistakes, english is not my first language

Wow, 2500 Euro is not a small amount, at least in my country. But I am happy so see that you understand the need of diversification. I Would not say it is a good idea to sell your litecoin to buy more bitcoins because that entirely depends on your risk taking capability. If you think for long term, then you can go ahead and buy bitcoin by selling a percentage of your litecoin. However, if you have a short term outlook, then you will be disappointed.

[aardvark15]

Hi all,

I'm kind of a newbie in the crypto-currencies world, but quite fascinated in fact...
I started to create my own portfolio of currencies (small one, 2500€ to start), where BTC represents 20%, and LTC 35% (and some loss, right now :-( )
So, I wonder if I should not trade some of my LTC for BTC

Or buy more BTC if we think it should raise and hold my LTC...

Any thoughts?

Thanks,
Olivier
PS : sorry for any languages mistakes, english is not my first language

I'm not sure that selling Litecoin for a loss is such a good idea. I can see selling a bad coin for a loss if you realize you made a mistake but I don't think Litecoin is a bad coin. Generally I wouldn't sell with a loss.

If you want to do that, I recommend that you wait for a time when Bitcoin is down and Litecoin is up. I also don't see a problem holding both Bitcoins and Litecoins long term. They are probably both going to make you money. It just remains to be seen which one does better long term.

[TwoSigm4]

I sold my LTC to buy BTC,
Why?
I collect more BTC now,
After forking the orice of its and its forking are higher,
Altcoins are dropping now.

After rich holdingb BTC and Forking, buy altcoins.
They are cheap,
More altc and bitcoins,.... only selling forking it may be a good idea and keeping BTC,
It is like free coin.

[nasibakar]

LTC to BTC is a best option now,
BTC will rise
BTC will give you its forking, it is free.

Altcoins is dropping,
buy it using BTC Forking and it makes you richer right.

[Whitefalcon]

litecoin now so weak
if want recover your loss hold btc , eth or monero
for now i thinks that good
but back to your decission

[KourtneyK]

I think you should hold on to your LTC and buy more Bitcoins, separate the two and just don't focus on just 1 coin. And make sure you buy these coins when they are at its lowest price though btc is a good investment; there are times it is very low so buy them when it reaches a low price.

[ajiejot]

For my own opinion, big NO. Litecoin is very promising altcoin, since it has several projects that is really quality and have potential. Since the price of litecoins is low, it can easy to pump so fast. Like what happened in Ethereum, it's 7$ only last january, now, how much each ethereum? around 300$ . Coin that have low price is the best coin to hold.

[jtipt]

I started to create my own portfolio of currencies (small one, 2500€ to start), where BTC represents 20%, and LTC 35% (and some loss, right now :-( )
So, I wonder if I should not trade some of my LTC for BTC

I think it would be better the other way around, 35% BTC(or more) and 20% LTC. So you should sell some LTC not all, and also invest the remaining in some other coins ETH XMR, etc. Usually,  as it has been seen, LTC and BTC go hand in hand if one takes a dive then so does the other and if one rises the other also will follow soon, so LTC should be up in no time.

[flickervn]

IMO, change 1/3 LTC to BTC until end of this month. after that, sell btc to buy LTC again.

[Mustion]

Litecoin is a good coin but in this moment it's not at all, when the blockchain system which presented by Bitcoin or Etherum are too strong for now. So in this moment you should hold for it. Future is volatile so it's unpredictable, maybe sometime litecoin will have it's moment and you could become rich cause of holding it ? Opportunities are everywhere, the thing is you need to see it and take it.

[michellee]

thanks for the advices.
In fact, I don't have only LTC and BT
I've also some ETH, LSK, XRP, OMG, ARK & ARDR
But, LTC represents 35% of my portfolio and BTC 19%
That's why I was wondering if I did not have too much LTC

in my opinion, if you invest in ltc, it means you are go with long term and should not worried about the price. if you know before ltc has increase, its only 0.003xxx btc equal $6.xxx and now the price reach 0.01xxx btc equal $50.xxx and it need long time before its reach $50. for short term litecoin doesn't give any good price but I think ltc is stable and its in top ten in the coinmarketcap.com.

the other coins you have is good choice and you might thinking to add more eth and xrp for a long term investment too like ltc. for lsk, omg, ark and ardr, I think you can go for daily or weekly or monthly.

[micle222]

a safe way I think it's better to sell it and buy Bitcoin. but to try good luck better keep it.
you will get a double benefit when the price of LTC and BTC go up.

[Indrawan77]

The movement of LTC is slow, so I dont suggest you to exchange btc with ltc, not a lot of people are using ltc so it will be hard for ltc price become very high, and btc is a very good investment, the price going up in a very good rate and can recover really fast, so it is better to exchange ltc for bitcoin