Good choice buying Litecoin?

[Talbot49]

Hey guys,

Ive been into bitcoin since 2013, sold at 1k but recently got back on the bandwagon when it hit 10k.. I'm really confident that since alot of traders with alot of money now have their eyes on BTC, the value should keep increasing. I think that long term though, some altcoins have better potential for being use for everyday transactions so I invested in a couple of alt as well, including ripple and waves. I remember litecoin from 2013, it always looked like bitcoin junior, following bitcoin price, but never looked into it, didnt think it had an extra value added to it.. But now I'm seeing the value is going up even faster than bitcoin so I decided to buy it at 210$ because I think that since bitcoin is getting alot more exposure, the coin people will fall on if they don't want to buy 0.00X amount of btc, they will go for his little brother Litecoin. Did I buy too high? I sold XMR for Litecoin.. Is that a good decision? I heard alot of great thing about XMR but Litecoin is on alot of top 5 alt list and is just going wild so didnt feel like missing out.

Thanks in advance for your inputs

[1715135684]

1715135684

[1715135684]

1715135684

[exadex.org]

Something is going on with the Litecoin price at the moment, so it might have been the right decision, at least short-term.

There are some coins, that offer a lot more functionality than just transfering that coin. This is for example Ethereum, Waves, Nxt (and Ardor in a few weeks) and BitShares. You can create tokens, hold and trade assets and much more. Those coins will have a future in my opinion.

In the long term it might neither be Bitcoin nor Litecoin that will be used as a global payment system. Nobody knows. XMR provides more anonymity than Bitcoin, so it might have a future.

[Huskerz1]

Yep.  Something is going on with LTC alright.  It's called being undervalued for too long.  Sure it's tied to BTC but it is still an undervalued coin.  LTC will compete with BTH.  That fight is coming. 

[Snarks]

If you compare the market caps and supply of both coins, Litecoin has some catching up to do.

16,735,112 BTC   vs 54,261,233 LTC
$16,963.00   vs $215.15   

Do the math.

[rwrayen1]

yes ltc is great but eth is better

[LastBlockMined]

Hey guys,

Ive been into bitcoin since 2013, sold at 1k but recently got back on the bandwagon when it hit 10k.. I'm really confident that since alot of traders with alot of money now have their eyes on BTC, the value should keep increasing. I think that long term though, some altcoins have better potential for being use for everyday transactions so I invested in a couple of alt as well, including ripple and waves. I remember litecoin from 2013, it always looked like bitcoin junior, following bitcoin price, but never looked into it, didnt think it had an extra value added to it.. But now I'm seeing the value is going up even faster than bitcoin so I decided to buy it at 210$ because I think that since bitcoin is getting alot more exposure, the coin people will fall on if they don't want to buy 0.00X amount of btc, they will go for his little brother Litecoin. Did I buy too high? I sold XMR for Litecoin.. Is that a good decision? I heard alot of great thing about XMR but Litecoin is on alot of top 5 alt list and is just going wild so didnt feel like missing out.

Thanks in advance for your inputs

I don't think LTC will reach any major $ of the current one for a couple of months.

[ModGrip]

^ What he said. Beyond BTC and LTC, Eth (and Deep Onion IMO) have substance beyond just being stores of value and for me there is value in that so I'm happy to support it (them) regardless of the $$$.

[Talbot49]

If you compare the market caps and supply of both coins, Litecoin has some catching up to do.

16,735,112 BTC   vs 54,261,233 LTC
$16,963.00   vs $215.15   

Do the math.

XMR have 15,449,232 supply though

We obv can't compare only on supply, but I'm basically hesitating between going for LTC or XMR, considering I'm probably gonna hold these for a while, not looking for speculation.

[DogaMKD]

Yep.  Something is going on with LTC alright.  It's called being undervalued for too long.  Sure it's tied to BTC but it is still an undervalued coin.  LTC will compete with BTH.  That fight is coming. 
[/quote ]
I remember last year November LTC was 3.50$ Thinking to buy some, Monero was 4$ Eth was 8$ i didnt buy any of those, such a mistake. Now i am trying to invest wisely but those possibilities r gone.

[AboeHoeraira]

Yep.  Something is going on with LTC alright.  It's called being undervalued for too long.  Sure it's tied to BTC but it is still an undervalued coin.  LTC will compete with BTH.  That fight is coming.  

I remember last year November LTC was 3.50$ Thinking to buy some, Monero was 4$ Eth was 8$ i didnt buy any of those, such a mistake. Now i am trying to invest wisely but those possibilities r gone.

nah not gone, i bought 3 litecoins just 5 days ago for about 250 euro, if i would sell them now i would get over 500 euro lol you're def not too late the train is only starting, i think litecoin will hit over 1k in 2018, if you buy now and forgot about it for some months i'm sure you will get ur money atleast x3

[ceyceyki]

Well in my opinion there should be a correction on the price of litecoin. $210 level is a little bit high. I made a very good profit by investing litecoin last month and I sold at $159 level. Because I was waiting for a correction. But it kept pumping and pumping. There should be a correction!

[Mi5h0]

Well in my opinion there should be a correction on the price of litecoin. $210 level is a little bit high. I made a very good profit by investing litecoin last month and I sold at $159 level. Because I was waiting for a correction. But it kept pumping and pumping. There should be a correction!

There might be a small correction for a few days but it will continue to rise afterwards. Just internal feeling. But at the same time I've mistaken many times before.

[John_Slater]

LTC is too volatile right now. I expect a huge correction in next couple days (to $190 or so) and up again to $500-600 in 2018

[q835197677]

lee recently showed a complete list of development progress, so I have to believe that Litecoin has a better future. LTC is an ancient coin with the same history as bitcoin. Because of the progress of development, we should believe the future of LTC.

[masphie]

for me, ltc...dash....xmr... or 10 best altcoin will be raise in the next year
if i can do it, i will invest all of them ... but for now, maybe just 1 or 2 alt coin already invest...

your decision is your risk .. . . carefuly

[won99]

Yes, you are right. It's time to litecoin. Now, litecoin is higher than the other coin. Buy many more litecoin and we will get many profits

[Walrus1]

I'm with u guy. I kick myself cause I sold at 97 after buying at 100 but I turned it to Bitcoin when it was pumping so no real loss. I just bought some today but I really like what I'm reading on litecoin. I am going to do my best to ride litecoin, up or down. On Bitcoin I've been taking profits. I'm gonna hold litecoin for six months and evaluate it. I only got 4 or 5 coins, I hate to lose but that amount is no big deal. Anyway good luck to u and me

[bougieboyy]

There will be a small dip in the next week or two, when it hits thats the time to buy. I see LTC hitting a high of $1000 next year. The founder is very involved on twitter and promotes cryptocurrency all around. I think its a sold buy!

[woas4]

I think right now is not the best time to buy Litecoin. It has already more than doubled its price in the last few days.. How far do you think this run can possibly go before a correction? I dont think it'll blow past $300 with ease.

[TimtheYoutuber]

Buying after it goes up 40% is certainly not a good idea, unless you evaluate the coin and dont think it will tank. However I am thinking a correct will be due, and then at that point I will buy some more.

[BTCeminjas]

Hey guys,

Ive been into bitcoin since 2013, sold at 1k but recently got back on the bandwagon when it hit 10k.. I'm really confident that since alot of traders with alot of money now have their eyes on BTC, the value should keep increasing. I think that long term though, some altcoins have better potential for being use for everyday transactions so I invested in a couple of alt as well, including ripple and waves. I remember litecoin from 2013, it always looked like bitcoin junior, following bitcoin price, but never looked into it, didnt think it had an extra value added to it.. But now I'm seeing the value is going up even faster than bitcoin so I decided to buy it at 210$ because I think that since bitcoin is getting alot more exposure, the coin people will fall on if they don't want to buy 0.00X amount of btc, they will go for his little brother Litecoin. Did I buy too high? I sold XMR for Litecoin.. Is that a good decision? I heard alot of great thing about XMR but Litecoin is on alot of top 5 alt list and is just going wild so didnt feel like missing out.

Thanks in advance for your inputs

This a good idea much better you buy those altcoin who in top 5 list in crypto market exchange, the ethereum, monero, wave, ripple and litecoin, this is now hot altcoins who belongs in top 5 list. Well, litecoin is have a big opportunity and potential in the future i keep this coin now even though i did not see now the gained of what i have invest but in long term purposes. If you have enough fund for this altcoins much better buy them all and keep it for a long run.

[CodyAlfaridzi]

But now I'm seeing the value is going up even faster than bitcoin so I decided to buy it at 210$ because I think that since bitcoin is getting alot more exposure, the coin people will fall on if they don't want to buy 0.00X amount of btc, they will go for his little brother Litecoin. Did I buy too high? I sold XMR for Litecoin.. Is that a good decision? I heard alot of great thing about XMR but Litecoin is on alot of top 5 alt list and is just going wild so didnt feel like missing out.

Thanks in advance for your inputs

Yes, honestly you buy your Litecoin too high. FYI it's the first time Litecoin has ever reach $200 range. Litecoin is rising too quickly lately, and it's usually come with a great correction too. If I were you I'd sold those Litecoin while I'm still in profit. Don't get me wrong, I'm a fan and supporter of Litecoin too. I also have stated numerous time that major altcoin with great development like ETH and LTC could takeover Bitcoin in terms of daily usage as Bitcoin fees getting higher every day. If Bitcoin never had that technology to accommodate several thousands tx per second, the "currency" market share of Bitcoin will fall to LTC and LTC and Bitcoin will be the "gold" of the future rather than "currency".

Even Charlie Lie, the creator of Litecoin, warned us against the potential volatility of LTC

Ok, sorry to spoil the party, but I need to reign in the excitement a bit...

Buying LTC is extremely risky. I expect us to have a multi-year bear market like the one we just had where LTC dropped 90% in value ($48 to $4). So if you can't handle LTC dropping to $20, don't buy

https://twitter.com/SatoshiLite/status/940353265585160192

[anjohyx]

My opinion is I won't buy Litecoin right now because it's rise too fast within 1-2 week , look at January 2017 price only below $10 , I think it's pump by some whales and I'll wait for correction only entry market to buy Litecoin

[Acguy]

The fomo is too real. You don't have much leg room when things don't go your way. Very risky.

[gokayc]

For me, litecoin growing very slow but confidently. If you are thinking long term (1 year and more) investment you can get in into litecoin. Otherwise you may have to wait long time to get some profit.

[Kocret02]

My opinion is I won't buy Litecoin right now because it's rise too fast within 1-2 week , look at January 2017 price only below $10 , I think it's pump by some whales and I'll wait for correction only entry market to buy Litecoin

I also have the same opinion if buying litecoin at this time is not right because the price is too high, maybe in the 2018 can buy at a slightly cheaper price when there is a decrease.

[BariaczRoni]

For me, litecoin growing very slow but confidently. If you are thinking long term (1 year and more) investment you can get in into litecoin. Otherwise you may have to wait long time to get some profit.

Litecoin grow up last few day is not very slow, it's real FOMO, people talk about it, buying it. Litecoin is good coins for long-term, mid-term, short-term or even a day-trader.

[Fredomago]

The fomo is too real. You don't have much leg room when things don't go your way. Very risky.

Understanding the flow, its always like this when some news or updates happen, people will fomo to and ride very risky for now
but if you can take some risk then you can go and enjoy the game, keep in mind that hype happen when people start to play
and only those who have a big nerved can gain profits.

[otunayode]

Ethereum is better suited for your long term strategies! Ethereum platform is fully develop with a lot more use compare to litecoin! I think litecoin is getting all the attention because of bitcoin. Aside from that, there is nothing fantastic about it, Selling XMR  litecoin is a huge mistake! I hope you get your XMR back!

[Thanasis]

Yeah,litecoin is also a good potential coin which may give good profits in the coming years.Litecoin made a huge price bump in the last two days which helped it to reach the all time high of $250, so we can expect price growth in the coming days.But ethereum also good chice in altcoins for long term so split your investment to reduce the risk of losing your investment.

[yausundy]

I think the future of the  ETH is better than the LTC, but I also want to know more about what people think.  I am new here

[CryptoBuds]

I don't recommend to buy LTC for a long holding now. The price should be a little bit dumped after that explosion. But if you are a trader you can make some profit with it in a short term even now.

[eMotorCoin]

LTC is too volatile right now. I expect a huge correction in next couple days (to $190 or so) and up again to $500-600 in 2018

This I believe is accurate, I feel the same..

[d1337r]

Too risky to hop in now, in my opinion. Litecoin was growing too fast, now FOMO kicks in. Just wait a few days and buy in the dips.

[sangwookie]

I like the volatility since it makes it easier to trade. The best part of Litecoin is that it can quickly be sent to other exchanges. Confirmation times are super fast. Unlike stupid IOTA.

[ss890]

Think we should focus on different coin because LTC has received too much response in very short period of time. Such coin tend to loose the potential of spiking even further very quickly. The reason is people move towards another coin when they are done taking the profits and making enough for themselves as well as ready to invest into different coins. In such case LTC will loose the market cap very easily and then the price drop will start occurring. Im not sure myself about the LTC and when we have less percentage of surety then we should just skip such coins in first glance. For me the choice of coin is ETH, IOTA, NEM and looking forward to waves too. The list is juts for your attention and you can choose them at your own risk. :-)

[gin113]

ltc is an alright coin, i would wait for dip or just buy ether

[hanlieuiypm9832]

I have a sad experience since I bought some LTC when the price was less than 5$ and sold them when the price was more than 10$, I though I was good at trading But the result is just as you know.

[TonyFat]

I also had a sad experience, I was told that the litecoin would cost more than $ 100, but I did not listen -_-

[xianbits]

I have held some litecoin for almost half year I think, thinking "this" time to come and end up with a big smile. Considering litecoin in your portfolio is not a bad move, but otherwise. Litecoin's ATH was more than 0.022 btc (when btc was not this much). It's not impossible to see that price again so while it's on 0.015 btc, it's a good choice to buy litecoin.

[reliable]

I also had a sad experience, I was told that the litecoin would cost more than $ 100, but I did not listen -_-

The pace at which it has moved during the last couple of weeks is being phenomenal. I was not expecting that this coin would do have so much demand that the price would start rising so quickly. Its has moved to 250$ and today itself it has risen by 50% approx. I would now stay away for a while and may buy it later.

[windsee]

LTC is too volatile right now. I expect a huge correction in next couple days (to $190 or so) and up again to $500-600 in 2018

LTC was underperformed BTC for years. I believe it is catching up. Based on the ratio a few years back with 1 BTC ~= 30 LTC, I also think that it may rise up to $500-600 range

[pikatju]

Maybe wait for a little dip and then buy.  Definitely good for long term hold.

[machinek20]

Litecoin just going up recently, I think it is too soon to judge whether its a good choice to buy or not, as I know litecoin has been under radar for quite time and in the past the price and the growth is not too good, so maybe keeping it up for short term is good, but for long term its not recommended

[eMotorCoin]

I have a sad experience since I bought some LTC when the price was less than 5$ and sold them when the price was more than 10$, I though I was good at trading But the result is just as you know.

This all depends on your strategy.. Long term hodler would hold LTC but if looking for short term gains buying at $5 and selling at $10 = x2 .. nothing wrong with doubling your money..

[jayco25]

yes good choice to buy litecoin just wait for the dip. i believe it will dip for a moment for the price correction then it will rise again. i wanted also to buy litecoin

[bmv143]

It is said that Litecoin will grow to $ 1000 by mid-2018. And let's hope that everything will be so, because for me it will be the best contribution to the crypto currency in my life

[Hui8]

Litecoin was good investment few weeks ago and now whoever invest into it will have the same position as to investing into ETH or BTC where the prices are already too high and we can barely expect the 10x or 100x kinda profits from it in the short period or even int he next few months. So it would be better to get our focus into ETH on the first basis as it is having more market cap and more chances of hiking in few months. As we have already know from various discussions that ETH is gonna hike all above the 1K rates then it puts us into ambiguity whether to invest into that coin or LTC.

The LTC discussion started to take the speed when the coin is hiking now a days otherwise few months ago there was no singe word about it anywhere. This is natural thing to happen and people will start speaking about various coins when they will see that particular coin has started astounding upward movement in the market.

[bulbolitobayagyag]

I bought mine when it was around $5 each i am holding it until it reaches $1k so i expect to have x10000 profits in the future.

[Toropen]

It was a good choice somewhere around 2 years ago. Now the price is too high, and wait for large profits is not worth it

[ditinhu]

I would expect a drop of Litecoin to later buy because although it is rising a lot, it always ends up falling pretty much the value then rises again, for that reason would wait a little to buy.
I speak this in values ​​in BTC because if it is in Doláres there is not a bad time to buy because in the last years it comes only raising its values.
But buy other altcoins like Waves, Dash, Monero, Ethereum, that's a good idea too.

[Nana_Marini]

Yes, I think it's litecoin day. Litecoin has good price for now. I think we must invest in Litecoin and the future we will get many profits

[Snarks]

I bought mine when it was around $5 each i am holding it until it reaches $1k so i expect to have x10000 profits in the future.

Lucky you, I'd consider myself lucky buying at 10x that. How many do you have if you don't mind me asking?

[magiccarpett]

i wont invest in ltc......what are the use cases of ltc? i don't know them......this is more a hyped pump...there will be a correction soon.

[Talbot49]

Thank you all for your inputs! I guess I was just mad at myself because I have like 5-6 cryptos in my portfolio and felt stupid for overlooking a coin that got such a big pump.. I have some ETH though and the recent increase feels good even tho it's not 300%. I'll keep the amount I bought at 215$ but will not invest more for now.

[cheezcarls]

As what I've checked today, Litecoin is at $300. When my friend told me that he has Litecoins, it was at $50 to $60+ per LTC I think. In the short term, I think it is a good buy. Just be aware of the potential fluctuation risks, especially Litecoin.

I'm impressed of LTC's increase though.

[thr3]

I used to like litecoin because of its transactions fees and its prices were more stable. But now transferring cryptocurrencies is a pain (actual use), you never know what the price will be the next day. Waiting for this speculation to die and actually use cryptocurrency for what it was created for, I hope litecoin goes down in price not up.

[nambunamba]

Hey guys,

Ive been into bitcoin since 2013, sold at 1k but recently got back on the bandwagon when it hit 10k.. I'm really confident that since alot of traders with alot of money now have their eyes on BTC, the value should keep increasing. I think that long term though, some altcoins have better potential for being use for everyday transactions so I invested in a couple of alt as well, including ripple and waves. I remember litecoin from 2013, it always looked like bitcoin junior, following bitcoin price, but never looked into it, didnt think it had an extra value added to it.. But now I'm seeing the value is going up even faster than bitcoin so I decided to buy it at 210$ because I think that since bitcoin is getting alot more exposure, the coin people will fall on if they don't want to buy 0.00X amount of btc, they will go for his little brother Litecoin. Did I buy too high? I sold XMR for Litecoin.. Is that a good decision? I heard alot of great thing about XMR but Litecoin is on alot of top 5 alt list and is just going wild so didnt feel like missing out.

Thanks in advance for your inputs

indeed it might be a good choice to invest in litecoin. for now its means you wanted to play long term with litecoin. it do has a huge potential to develop more than right now. i have same opinion with you that the value will rise significantly in 2018 and i think you buy in the right value for long term investation

[Good Bo]

Litecoin is in the top 5 of altcoins so buying litecoin is not mistake but it is good idea.
I dont know what happen with litecoin start two days ago, but look like lite will grow much this time.

[MakesMe]

It's been growing fast for some time. I think now is an ok time to invest. It can potentially grow 2x-3x in the next couple of months.

[Ray3z]

Yep.  Something is going on with LTC alright.  It's called being undervalued for too long.  Sure it's tied to BTC but it is still an undervalued coin.  LTC will compete with BTH.  That fight is coming. 

It is coming but still long time. Comparison price not so equal.
If we see about percentage, litecoin grow up more than bitcoin recently. Now good time to buy litecoin.

[bundo]

yes good choice to buy litecoin just wait for the dip. i believe it will dip for a moment for the price correction then it will rise again. i wanted also to buy litecoin

The price is soaring from the bottom of the price channel and moving upwards, at least this is a bright spot for those who want to invest.

[master2#]

Just wait for a correction and it will certainly be a good choice

[Sand King]

Just wait for a correction and it will certainly be a good choice

I think buying litecoin is also a good idea because litecoin is also good altcoins and it is one of the best altcoins so buying altcoins is okay, but i will also advice you to buy eth or ethereum because it has big chance to increase its value really well in 2018.

[BagHolder010]

Idk why people thinks that litecoin will rise.. I think it's at its highest recently. From now i can say that i won't buy more Litecoin for to keep in the wallet. But it's not an advice though..

[panghae]

Litecoin skyrockets right now,but beware of investing a lot,charlie lee warn not to invest too much as it can go down upto 90%.

[habaratbu]

i bought mine when it was $4 and now look at the price ?thats the very best decision i made in the past months,it can go upto $500 in year 2018.

[Snarks]

Idk why people thinks that litecoin will rise.. I think it's at its highest recently. From now i can say that i won't buy more Litecoin for to keep in the wallet. But it's not an advice though..

You're right, we probably won't see another meteoritic rise like the start of this year, going from $4 to $300. All we can do is try to find the next Litecoin.

[kayakcrypto]

I really agree with this.Yes, you are right. It's time to litecoin. Now, litecoin is higher than the other coins. Buy many more litecoin and we will get many profit from.

[mariored89]

The price will decrease because it has grown too much in too few time so i' ll wait a retracement (that could be also of 50%) and then a i' ll buy

[gamer_2088]

I think litecoin will be corrected first, and then continue to rise. When do you think good time to buy?
Thanks in advance for your inputs

[barlo357]

Yeah you can buy now find the in the demand litecoin such as ETH,waves and xrp they are going strong now.

[oscarrsm]

The market today is falling all over and showing a drop after bitcoin. Litecoin, certainly too decreases, also on a background of statements Lee. But I think that buying right now is necessary. This is a good product and I do not think that the coin depends on one person, no matter how good he was.

[batang_bitcoin]

Are you aware that Charlie Lee (Satoshi Lite) did sold all of his Litecoin for charity? People are skeptic about his reason for donating it to a charity but he is proving that he's not manipulating the entire economy of Litecoin. Anyway that is still a good choice for buying Litecoin since it has pumped a lot and wait for it's correction before buy backing in. It will come since the whole market now is experiencing it.

[Snarks]

Are you aware that Charlie Lee (Satoshi Lite) did sold all of his Litecoin for charity? People are skeptic about his reason for donating it to a charity but he is proving that he's not manipulating the entire economy of Litecoin. Anyway that is still a good choice for buying Litecoin since it has pumped a lot and wait for it's correction before buy backing in. It will come since the whole market now is experiencing it.

Hard to miss that. News has gone all over the internet. Just type in his name, it's on every financial and tech website.

He has a tendency to signal upcoming events to his Twitter followers, maybe this was his way to warn us about today's crash.

[sobriket]

Who would buy right now? The price was less than $120 just two weeks ago, now the price has been doubled from that amount, and there were some people buying at $380, i can not understand it anymore.
The real Founder of litecoin has already dumped all his litecoins.

[real eyes realize]

Any coin can bring big profits in cryptocurrency world. In my opinion, despite its the last fall, Litecoin is a promising coin and it has a good potential for the future.