Looking for the low to buy more Litecoins

[NathanJB]

I doubt it will be happen, since I know litecoin price just touch $40 for its the lower price and it just take a few times for its price comeback to recover.

Based on coinmarketcap, the all time low for this coin is $1 at 2015 ago and there is no all time low anymore (I mean below $40).

Well to be honest, litecoin just follows the price of bitcoin whenever the price of bitcoin moves up or down. Sometimes it is a bit late which gives quick traders an advantage to buy or sell for a nice scalping. Indeed if you check the subreddit of litecoinmarkets, I see some users just go on with "upvote the daily" comments and its hilarious to see these shills. 

I am sure a bunch of bagholders of litecoin are waiting for a small pump and finally dump all their coins. But that would be a shame to others.

Now if you feel the coin is going to drop more, dont buy now then. Majority of hodlers are still holding. Maybe with the next bitcoin pump you will see bigger prices.

Litecoin is in an interesting position. There are a lot of better projects out there with better technology that people have been investing in to more lately. However, Litecoin has really good name recognition. I'm not sure this alone will be enough to keep it afloat in the long term. But, I'm not entirely sure it's completely dead either. It's really hard to say what's going to happen with it.

Litecoin is not just banking on its name. Litecoin is a solid coin not just due to the name which is almost as old as Bitcoin but also because its use as a currency is also growing. Litecoin is Bitcoin in the altcoin world. Actually if you want to transact with cryptocurrency with a lower fee you will be better off using Litecoin rather than Bitcoin. Lighting network is one thing that Litecoin adopted earlier than Bitcoin.

[mamesso]

Waiting for $30 will take a long time, if you really want to buy you should buy in stages, without having to wait at the cheapest price. The bear market can change at any time, take advantage of the opportunities that are in sight, do not let you regret because greed wants to get a lot of benefits. Remember, trade with quality, not with quantity.

[hello_good_sir]

Absolutely. Especially with LTC just under 0.006 which I think makes it extremely undervalued, there is no reason to not start accumulating if you are in fact a long term litecoin believer.

These prices are peanuts compared to what we saw in the bull market prior to this, and the only difference is the fact that we no longer enjoy as much bullish sentiment within the market as 2 years ago. It's completely irrational if you ask me, since LTC's fundamentals haven't changed a bit with still Segwit on board.

LTC transaction fees are still among the lowest in altcoins as well, with its market being one of the most liquid.

[Pelunize12]

Litecoin dipped under $40 a few days ago, I am looking for prices under $30 to buy more.  I could buy maybe a couple hundred LTC, depending on the price.

basically, it is hard to catch the bottom. you have high possibility to lose the moment
when the price $ 50, you wait to $ 40
when the price $ 40, you wait to $ 30
when the price $ 30, you wait to $ 20
etc

all you need to do is buying avg bottom price. and you already made research that coin potential in the future
then you wait and always monitor to place the stoploss if needed

[pajak666]

Can somebody convince me why would anyone ever invest in LTC at this point? It is useless, has pretty meaningless history/sentiment at this point and is not being improved in any way. Please enlighten me why this choice if there is so many other useful coins to choose from.

[rizkyalhabsy]

well, may you are the rich people. buying hundreds LTC with $30 price, but i guess LTC cant be under $30, since the as far i know when price under $35 high support will come

[passwordnow]

It looks like it will take time to see Litecoin under $30. The stabilize price of it is just moving back and forth to that price and $40. If you really want to buy Litecoins you should take time and consider this suggestion:

all you need to do is buying avg bottom price. and you already made research that coin potential in the future
then you wait and always monitor to place the stoploss if needed

As an addition, you can simply cost average at whatever price and aim for how many Litecoins exactly you want to buy regardless of the bottom.

[adroitful_one]

Can somebody convince me why would anyone ever invest in LTC at this point? It is useless, has pretty meaningless history/sentiment at this point and is not being improved in any way. Please enlighten me why this choice if there is so many other useful coins to choose from.

It's still more useful than a lot of the other newer coins that have come out. I can take Litecoin and purchase a gift card to Walmart or wherever with Litecoin and it won't cost me an arm and a leg to withdraw it from an exchange. There are a lot of services built around Litecoin that you still can't use newer coins for. It's been around forever and has built up a community over the years. It's not going anywhere anytime soon.

[BigBos]

Litecoin dipped under $40 a few days ago, I am looking for prices under $30 to buy more.  I could buy maybe a couple hundred LTC, depending on the price.

to be honest, I don't think that Litecoin prices will really reach prices under $ 30 right now. if you ever get the situation and don't buy it, then you are wasting your chance. the thing that I think about is, the price of litecoin will also be affected by the increase in bitcoin if that happens, so I think when the pump occurs, the price of litecoin will be further from the price of $ 40. if you realize it, then buying at a price below $ 40 is a good opportunity.

[Adriano2010]

I think is a good idea to buy coins when the price drop and hold for a pump or until bull run and sell on profit, but when you have a chance buy some and hold for profit or how long you can. Right now the price is 42usd ~ is still a good option to buy if you not see more drop this month.

[Hallmader]

Litecoin dipped under $40 a few days ago, I am looking for prices under $30 to buy more.  I could buy maybe a couple hundred LTC, depending on the price.

to be honest, I don't think that Litecoin prices will really reach prices under $ 30 right now. if you ever get the situation and don't buy it, then you are wasting your chance. the thing that I think about is, the price of litecoin will also be affected by the increase in bitcoin if that happens, so I think when the pump occurs, the price of litecoin will be further from the price of $ 40. if you realize it, then buying at a price below $ 40 is a good opportunity.

Under $30 is already the extreme to me as well. I don't think it will go as low as that. That is why I am saying that if you really want to buy Litecoin at a cheap price, do so while the price is around $40. Waiting for the price to bend as low as $30 is missing the entire opportunity.

[udidrone]

for me a little heavy if the price of litcoin drops badly because litcoin is a good coin from all facets litcoin has a lot of fans and high volume in each exhanger, there is no point in waiting for the price of litcoin down, buy now because price already cheap

[Pelunize12]

It looks like it will take time to see Litecoin under $30. The stabilize price of it is just moving back and forth to that price and $40. If you really want to buy Litecoins you should take time and consider this suggestion:

all you need to do is buying avg bottom price. and you already made research that coin potential in the future
then you wait and always monitor to place the stoploss if needed

As an addition, you can simply cost average at whatever price and aim for how many Litecoins exactly you want to buy regardless of the bottom.

yes DCA is the answer for this one. we can buy at:
$ 40
$ 35
$ 30

using DCA like that, we will get avg better low price. we can sell at $36-40 and still get good profit, as long as we buy in propotional amount
beside that, we still have money by buying lower, it would be different if buying with 100% capital, we dont have money left

[junkerr]

for me a little heavy if the price of litcoin drops badly because litcoin is a good coin from all facets litcoin has a lot of fans and high volume in each exhanger, there is no point in waiting for the price of litcoin down, buy now because price already cheap

after the halving event that was deemed a failure by the market because it could not increase the price of litecoin in the market, I guess when demand increases, the price will immediately increase. it's just a matter of time waiting for an update that can increase market demand and the pump will occur.

[uray]

Litecoin dipped under $40 a few days ago, I am looking for prices under $30 to buy more.  I could buy maybe a couple hundred LTC, depending on the price.

Good luck investing in litecoin if you think that it can give you a handsome profit, i am not expecting any huge rally in the coin but if you are able to invest when the price is $30 then you will earn a huge profit when the alt coin rally starts and i am expecting some changes in the development as the core developers said about adding some features to include privacy which will be a great addition if they are really implementing those.

[DU18]

Litecoin dipped under $40 a few days ago, I am looking for prices under $30 to buy more.  I could buy maybe a couple hundred LTC, depending on the price.

I am a trader who still believes that litecoin prices will continue to rise, so I continue to hold litecoin until now, but if you are looking for litecoin with a price of $30 now, I think you will never get it because the price offered is very cheap compared to current market prices , so, it's better if you buy it in the market by putting a price of $40 or $41 because right now the price of Litecoin is around $42 in some markets.