Litecoin

[Pinkwojack22]

Hey guys, very new here so if this is not the right board please redirect me.

if you look at the charts of litecoin, it has had the same trend for the last couple of months. It pumps up then drops all the way down to the support line, it is at the support line now, would it be a good time to buy litecoin ?

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[just a man]

Hey guys, very new here so if this is not the right board please redirect me.

if you look at the charts of litecoin, it has had the same trend for the last couple of months. It pumps up then drops all the way down to the support line, it is at the support line now, would it be a good time to buy litecoin ?

Are you going to be trading for a long time?
If you are looking to have the coin kept for a long time then purchase as much Litecoin as you can.

[Nathan047]

Hey guys, very new here so if this is not the right board please redirect me.

if you look at the charts of litecoin, it has had the same trend for the last couple of months. It pumps up then drops all the way down to the support line, it is at the support line now, would it be a good time to buy litecoin ?

Hey welcome to Bitcointalk, just mind the trolls

Anyway if you are planning on buying and holding for more of a long term trade then yes, now is the time to buy into Litcoin. However if you are a day trader or want a quicker investment then this probably isn’t the kind of investment for you.

And remember, always do your research and don’t rely solely on other people.

[dreamer81]

The reason litecoin is a winner on the long run, is because of charlie lee (the founder behind litecoin)....

it's basically the second best coin out there after bitcoin.
Dont fall for all these other small coins right now... except DeepOnion of course which is a coin with huge potential.

[PokerStein1]

if you are not a risk taker , litecoin , bitcoin and ethereum is for you. Buy them and hold&forget them at least 1.5 years this is all you need to do.

[A L I E N]

right now litecoin is the most stable crypto for money transfers because it hovers on the same value all the time plus low fees and speed makes it more appealing for fiat replacement,you can think of it as a pocket money for daily spending and bitcoin as a sore of value that you keep in a cold storage,maybe thats the reason why no money is floating in litecoin on exchanges

Talking about a day when someone could "think of it as a pocket money for daily spending", do you mean litecoin's wider acceptance as payment method? As far as I'm concerned, the growig number of companies implementing LTC indicates and promotes its commercially successful opportonities in the same time.

In other words, the day you find yourself daily-spending LTC, would be a great time to begin buying it 

[defunctec]

Litecoin has been around for years and has never really gained any type of traction. It's a good coin to short-term trade, but I don't think it's a great long-term hold, the best gains are behind it. You are better off holding some newer coins that are actually making progress on whatever they are working on.

That being said litecoin is better than dogecoin, or a lot of the dodgy coins out there.

[zabisux]

Its your own choice. Personally I wouldn't invest in for litecoin. Its price hardly moves.
Even if it moves its basically not profitable. Its not good for holding too.

[yura888]

I think that lite coin can be bought in any case because it's like an upgraded bitcoin version

[MadMac]

for long term investment,i suggest you buy litecoin...

Easy to trade, low fees, fast transactions. Should pop up again soon after the Bitcoin Gold Scam is over.
It's a transaction coin if you want to trade. Other than that, put your money in Bitcoin or Ethereum.

[jmigdlc99]

Hey guys, very new here so if this is not the right board please redirect me.

if you look at the charts of litecoin, it has had the same trend for the last couple of months. It pumps up then drops all the way down to the support line, it is at the support line now, would it be a good time to buy litecoin ?

I wouldn't trust Litecoin or any altcoin charts or trends right now. Everything has been thrown into a mess because of the bitcoin price surge that makes it hard to do any technical analysis. Personally, i suggest you just get on the Bitcoin pump train until the Bitcoin Gold "dividend" is recorded (oct. 25). After that date, many speculate that money will be pour back into altcoins.

[LixiR]

I think you can expect a little more. The fractures show it. but the decision is again your decision. I do not want to direct

[Voice-Of-Reason]

Charts are all over the place with bitcoin increasing its the market share, if bitcoin holds or hits a top then the rest should follow soon enough

[HardFireMiner]

Litecoin is one of the good coins, I hold some.

[Nathan047]

Litecoin has been around for years and has never really gained any type of traction. It's a good coin to short-term trade, but I don't think it's a great long-term hold, the best gains are behind it. You are better off holding some newer coins that are actually making progress on whatever they are working on.
That being said litecoin is better than dogecoin, or a lot of the dodgy coins out there.

Yea man, it has not gained any traction. It only has a market cap of 3+ Billion dollars and is only the 5th biggest crypto on the market. No traction at all.

For those who don’t get it, I was being sarcastic. Litecoin has gained a ton of traction, and with Bitcoin’s large fees it has leg to stand because of it’s really cheap fees.

[btcbonanza]

Hey guys, very new here so if this is not the right board please redirect me.

if you look at the charts of litecoin, it has had the same trend for the last couple of months. It pumps up then drops all the way down to the support line, it is at the support line now, would it be a good time to buy litecoin ?

This is common with major coins. Major coins include the fleet of coins like Bitcoin, Litecoin, Ethereum, XRM, XRP, dash etc. Such coins are very promising for long term holding. Even if you buy today for $60 and it drops to $50 tomorrow, that doesn't mean your investment fell. Rather keep it for sometime and you will see the average price which is $50-80 currently will jump to $200-300. That's the beauty of major coins. Compare their present with past and make assumptions about their future. 

[luislane8]

I bought litecoin when ot was 13 dollars and sold when it was 16. It was the worst decision i made. I should have hang on. I still think is a good investment though.

[yasher]

The price is cheap now but I am expecting more price dip for this alt before the fork. For long-term investment or trading it is a good time to buy some and wait for few weeks after the fork to trade at own risk. And when btc price becomes stagnant prepare for another dip.

[Ch1bi]

Litecoin is usually a solid coin due to the team behind it. I wouldn't worry too much about the price now because it will usually go up. It's not called Bitcoin Silver for nothing.

[skylark001]

in my opinion Litecoin is good buy now .it has a good potential to grow.in coing time it will move sharply to a new high.hope so.