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Author Topic: Should I buy BItcoin or Litecoin  (Read 5258 times)
Shadowblack
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August 13, 2018, 10:57:06 AM
 #501

Diversification is important when it comes to all forms of investment; I agree with the others saying half and half.

AldermanCharlie
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August 13, 2018, 10:59:21 AM
 #502

The fact you ask here might be biased but do remember more coins bought=more profit if the price were to skyrocket...diversify though also.

Finalfantasy2
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August 13, 2018, 11:02:05 AM
 #503

The fact you ask here might be biased but do remember more coins bought=more profit if the price were to skyrocket...diversify though also.


This is a fallacy, profit comes from the percentage increase in the coins value. A lower price coin doesn't make it any more likely to moon. A lower market cap coin has a higher chance to moon since it doesn't take as much capital inflow to move the price.

To answer op question I would diversify into both coins but what I hear you asking is what coin offers most value at today's price. Bitcoin has taken a huge jump recently and it may be due a correction whereas litecoin has been moving sideways and could break out soon.

However, asking a litecoin Reddit is likely to yield a skewed response.

Malabarka
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August 14, 2018, 11:18:35 AM
 #504

Please don’t say 50 percent of each

BTC or Litecoin!
In fact, 50/50 is a good option.

I would probably invest most of it in Bitcoin. However, this coin will always be in demand. Even when most altcoins are no longer needed.

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Jukwle
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August 17, 2018, 01:11:28 AM
 #505

I would have said half of each if there had been some other coin than Litecoin. Be that as it may, I could never prescribe putting into Litecoin to anybody. As theres very little advancement occurring behind it and its lead dev has doubtlessly denounced any kind of authority and has been advancing better activities, for example, NANO, which are an immediate danger to coins like Litecoin.
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August 17, 2018, 01:20:11 AM
 #506

Please don’t say 50 percent of each

BTC or Litecoin!
If I were you, I will buy btc. It is te king of the marekt and the price of it will be the highest now and when the bull market comes. And btc has little risk to disappear suddenly which make our investment safer than others.
Phantomberry
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August 17, 2018, 01:27:27 AM
 #507

Buy them both remember that bitcoin could be fly again to the moon if the bullish run start on the last quarter of the year 2018 maybe by november it will start move and same with litecoin. Litecoin is a good altcoin that have a lot of potencial just like ethereum.
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August 17, 2018, 10:19:44 PM
 #508

Perhaps we can say that observing the environment swings needs to be blended with watching technology tendencies plus other many cryptos apart from these two.
jeffbezosBD
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August 17, 2018, 10:37:08 PM
 #509

I think it depends on your investment. If your investment is more then you invest in bitcoin. Because bitcoin's price is much higher.
I personally advise you to invest in bitcoin. when bitcoin's price increases, then altcoin's price will be down. Then you can invest in litcoin.
jjdub7
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August 17, 2018, 10:42:55 PM
 #510

In my opinion you should buy Bitcoin. Bitcoin is more profitable than Litecoin. We know that Bitcoin is the number one currency. It is so much secure and profitable. It is also called life changing coin. Now, Bitcoin price is low. So, it's the right time to buy Bitcoin and hold for future. The Bitcoin market will be back very soon.

I share your opinion. Bitcoin is the better choice and eventually will show more profit. I am holding both Bitcoin and Litecoin and think that Litecoin is good coin as well. It is perfect for diversification of your investments.
Na.nitz
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August 17, 2018, 10:46:10 PM
 #511

bitcoin. it's better to buy bitcoin. and certainly very profitable for the long term or short term (day-trade). if you want to buy altcoins, it's better to buy ethereum than litecoin.
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August 17, 2018, 10:49:54 PM
 #512

if my advice is better you buy bitcoin, because it gives more profit and surely the price will rise higher than Litecoin.

sevenonetwo
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August 17, 2018, 10:57:18 PM
 #513

If you are going to use for short-term investments then bitcoin is a more appropriate choice. This is because bitcoin is still the leader of crypto currencies so the role of bitcoin still dominates. Other than that the popularity of bitcoin is still relatively high although not as high as in previous years. But if you are going to invest long term, then litecoin is a more appropriate choice. Long-term litecoin is more potential than bitcoin because litecoin brings technology that is more powerful than bitcoin. It's just that the popularity of litecoin is still under bitcoin.

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August 17, 2018, 11:00:29 PM
 #514

a lot of people said bitcoin because they believe bitcoin can rise again someday. But if you invest in altcoins, bigger risk will come to you and i know a lot of people not want that happen to them

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Lilmon
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August 17, 2018, 11:05:15 PM
 #515

I prefer bitcoin all the way, it seems to be the one with the most promising future, both short and long term, I see litecoin as some other altcoin with that tries to copy bitcoin, plus, it doesn't have near the same time in the market as bitcoin which reduces it's reliability.
Liceire
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August 17, 2018, 11:09:14 PM
 #516

BTC is better compared to litecoin, you invest in bitcoin, you should expect your profits within a few days, so bitcoin is suitable for both day trading and long term investment.
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August 17, 2018, 11:14:52 PM
 #517

I always prefer bitcoin over litecoin with it's growth somehow still on top than any other crypto. A bigger opportunity to have in investing in bitcoin. When you hold some bitcoin today a possibility to earn huge in the near future.
KopiItem
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August 17, 2018, 11:15:31 PM
 #518

All of them it depends on your transaction. If you want make short term trading i prefer you choose Litecoin than BTC, but if you want make long term investment BTC is more profitable than Litecoin. From my experience, long term trading is more promising than short term trading. So i prefer to buy BTC 70% and  LTC 30%.  But if you want to start trading, you should learn the basic skill of trading first.
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August 17, 2018, 11:15:48 PM
 #519

BTC is better compared to litecoin, you invest in bitcoin, you should expect your profits within a few days, so bitcoin is suitable for both day trading and long term investment.
Yes, of course bitcoin is better than litecoin, but in investing and crypto trading diversification becomes important to get a lot of opportunities for profit. Bitcoin is very good for long-term or short-term investments.
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August 17, 2018, 11:17:22 PM
 #520

if your goal is long term, I think bitcoin will be a better choice , while litecoin should be for short or medium term investment
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