dungp3132
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April 24, 2019, 04:41:57 AM |
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Let's compare the following increases made for these two good alts with my own assessment. With LTC, the lowest that I've seen for this coin was $23 and the highest that it has peaked for this year, around $88. With ETH, the lowest that I've seen was around $72ish and the current high price is $172. Both of these coins performed well but let's think if ever you invested $1,000 for each of them during the lowest, who has the greatest gain? LTC: $1,000 / $23 = 43.47 LTC ETH: $1,000 / $72 = 13.88 ETH
Possible gain during the peak this year 43.47 LTC * $88 = $3,825 13.88 * $172 = $2,387
I like your analytical approach to compare between profits of investments into Ethereum and Litecoin, with same capital at the start. However, it seems that you made something wrong, because low and high prices should be taken into account for same period. By saying same period, I meant same period of both entry and exit points. Personally, I think that Litecoin rose dramatically recent weeks, and even the coin corrected significantly, it might better to choose Ethereum at the moment. The better choice will change over time, and some day Litecoin might be better coin to invest than Ethereum.
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dobolspeed3
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April 24, 2019, 05:12:11 AM |
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If I were to choose, I choose them both because these coins has both potential. And nowadays they're started to rise up their value again, especially on that etherium coin which is get started to recover from long declined market in recently months.
What you do, that's what I will do. I like these two altcoins. Therefore, I currently have assets in LTC and ETH. Indeed, the two altcoins are my personal favorite altcoin.
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n0ne
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April 24, 2019, 05:15:44 AM |
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Both ethereum and Litecoin were good to invest by this moment as the market price of each were low compared to its all time high price. In my view ethereum is predicted to grow high compared to Litecoin which in recent days showed an increased growth than ethereum. On the long run ethereum seems to be the best over all other cryptocurrencies.
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julius caesar
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April 24, 2019, 05:16:23 AM |
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Winklevoss Twins' Gemini Crypto Exchange Gets Regulatory Green Light for Litecoin Trading
U.S.-based cryptocurrency exchange Gemini, owned by the Winklevoss twins, has sealed regulatory approval to add Litecoin (LTC) custody and trading. The news comes from an official Medium blog post published Friday, Oct. 12.
Gemini’s vice president of engineering, Eric Winer, informs Gemini traders that they can begin depositing Litecoin into their exchange accounts as of 9:30 am EDT Saturday, Oct. 13. Litecoin trading will reportedly go live Tuesday, October 16th at 9:30 am EDT.
The coin is set to be the fourth crypto supported on the platform, alongside Bitcoin (BTC), Ethereum (ETH), and Zcash (ZEC). Consequently, LTC trading pairs will be available against all three cryptos, as well as against the U.S. dollar.
Winer’s post underscores Gemini’s thoroughgoing “banking compliance and fiduciary obligations” under oversight from the New York State Department of Financial Services (NYDFS). It notes that Litecoin trading support comes as the result of close cooperation with the watchdog, and that the exchange continues to expand with a “security-first” approach.
At this moment of April 24, 2019, most of the alts are down and going down further more as the binance turns out doing the opposite. I think a day later, we can see the oversold indicators and coins that will be promising to strike and bounce back again. What we need to do is to be active on the exchanges where we can easily buy the dip of these altcoins.
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Kay94
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April 24, 2019, 02:34:11 PM |
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Both ethereum and litecoin are great coins to invest despite the current state of the market. But in my opinion, i think ethereum is predicted to be the second growing coin after bitcoin.
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herfianto
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April 24, 2019, 04:13:00 PM |
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I am prefer to choose ETH. Its simple for me because ETH is one of the best coin, moreover ETH is the first crypto that I bought in 2017 and give me big profit in 2018.
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vhns222
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April 24, 2019, 04:18:33 PM |
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I think we cant do vs as Ltc and Eth are very different from each other, we can say LTC is the same BTC just some changes were done,but Eth was something new in crypto and as i know it wasn't copy pasted like Ltc, I would invest in ETH if i had enough money to do that,so suggest ETH it has good future.
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marjil
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April 24, 2019, 04:30:40 PM |
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Depends on where you use it. Most people i know don't deal with ltc and have only btc and eth.
Yea sure, this is how some people figure is the best way, use the kings of crypto which is bitcoins and the eth. Ltc never really took off because so many people are not using it as much as bitcoin which also has the store of value for many people.
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Bonwin
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April 24, 2019, 05:38:35 PM |
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Both ethereum and litecoin are great coins to invest despite the current state of the market. But in my opinion, i think ethereum is predicted to be the second growing coin after bitcoin.
Ethereum is subject to manipulation, while litecoin has a steady but slow growth. Except for now that ethereum seems to be surging at a good pace and moving along with the market trend. My personal opinion is that you should not put your eg in one basket. instead of investing in just one coin, why don't you split your fund and invest in others as well.
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dncdog
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April 24, 2019, 05:58:05 PM |
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I think we cant do vs as Ltc and Eth are very different from each other, we can say LTC is the same BTC just some changes were done,but Eth was something new in crypto and as i know it wasn't copy pasted like Ltc, I would invest in ETH if i had enough money to do that,so suggest ETH it has good future.
If we don't care about technical things of Ethereum's and Litecoin's main net, and simply looking at their price charts, I think the better one at the moment is Ethereum. Litecoin, in contrast, has still stood at its high range from its bottom. I don't say that Litecoin might fall much deeper from now, but Ethereum is better one to accumulate for today, especially when market looks worse with failure of bitcoin to move up and break very strong resistance around $6k.
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johan36
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April 24, 2019, 05:59:10 PM |
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I think both good , but for me I choose Ethereum than Litecoin for my long term investment especially nowadays very popular many project uses Ethereum.
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StarofBTC
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April 24, 2019, 08:39:43 PM |
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If you have enough money to buy the both of them then I will say it is best for you to buy the both of them, cause they are both good choices and are among the top coins in the market. Though ETH seem like a very good choice, why I'm saying is because it has a lot of support from Microsoft, Intel, JP Morgan, and more of them. And it has a bigger market cap and is the second best altcoin in the cryptocurrency market.
Although, it doesn't mean that you will make profit from it when you invest in it, it is likely that much profit might come from Litecoin. You never can' tell what is next. You think this to be the best and the next thing you know another one is trending already.
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Aponkye1
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April 24, 2019, 08:51:32 PM |
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Litecoin and Ethereum are both great cryptocurrencies to hold but i prefer to hold Ethereum other than Litecoin because ethereum has a very large marketcap which clearly shows a huge number of investors in Ethereum other than litecoin. Hopefully Ethereum can make it to another all time high when the bull market comes.
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Leah38
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April 24, 2019, 08:55:08 PM |
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I would still choose ethereum over litecoin. I'm comfortable trading ETH. It has small withdrawal fee compared to Bitcoin. I've heard litecoin but never had the interest of trading and holding it.
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futile-resistance
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April 24, 2019, 09:10:48 PM |
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Personally, I don't choose to own both Litecoin and Ethereum now, what I hold and suggest others to hold is Bitcoin. Bitcoin, in reality, has been on its upwards movement once again. Maybe the next station of Bitcoin will be somewhere around 6xxx to 62xx USD per Bitcoin. After that, we might see serious and long corrections of Bitcoin. For now, it's time to enjoy the newest rising tide of bitcoin, and it seems that due to rises of bitcoin, most of altcoins forced to fall down. That's main reason why I did not own both Litecoin and Ethereum at the moment.
Buying Bitcoin and holding it is quite a good thing but you really have to be careful and follow up with the market so that you don't make a mistake, unless you're taking it as a spare change, if not it might take a turn that you will regret later. A lot of people believe that it is best to be a day trader than to just buy coins and let them sit while you watch for when there will be a bull so that you can make profit. It will be better to be a day trader and also hodl. And there's nothing wrong with having both BTC and altcoins, it creates more opportunities for you to earn. Just don't buy all those low life coins that are worth nothing.
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dungp3132
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April 25, 2019, 02:12:04 AM |
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A lot of people believe that it is best to be a day trader than to just buy coins and let them sit while you watch for when there will be a bull so that you can make profit. It will be better to be a day trader and also hodl. And there's nothing wrong with having both BTC and altcoins, it creates more opportunities for you to earn. Just don't buy all those low life coins that are worth nothing.
It is only right with experienced traders, whom can be smart and determinant with their orders. They also have enough experience in order to choose good points, both for their entries and their exits. In general, holders usually earn more profits than traders. It's the fact in financial market, and might still be right in crypto market. Sticking too much with short term changes of market can result in wrong decisions, and somehow decrease total net profits of investors.
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Bushrat Jahan
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April 25, 2019, 02:23:36 AM |
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From my point of view ETH is better than LTC because ETH has ICO investment platform so it's popularity is increasing but LTC don't have. Though LTC is a good coin but not good as ETH. And it is matter of great that ETH has an expand market cap but LTC hasn't like ETH. So I like most ETH.
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julius caesar
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April 25, 2019, 03:01:41 AM |
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Both are good, though in LTC the captain already left the boat.
Why not have them both? and before anything else do you own some bitcoin already? the price of the two is still not so high so whichever you choose you still have a good coin hold. This isn't a hard choice to make unlike those who asks between LTC and an unknown coin.
I haven't really become fond of investing on LTC. Honestly, I don't see the reason why I should invest on it. Or maybe, it is just 2019 now, and I missed out what LTC have just done good before. In fact, not a single transaction happened with me concerning the use of LTC. Still ETH suits better for me.
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bitzizzix
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April 25, 2019, 06:01:47 AM |
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I think both are good to have and have very profitable potential to invest in the long term, and besides having bitcoin, I also have some Eth and Ltc to invest in the long term to get maximum profit. so personally I don't choose one because I have both because both are very good coins.
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mich
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April 25, 2019, 06:25:23 AM |
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If you ever find yourself in the position where you are debating between one coin or another, just go 50% on each. Diversifying is very important part of your crypto portfolio and clearly you have chosen the top 2 you are interested in. Anyone who is claiming one is better then the other is trying to persuade you for their own personal gain.
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