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Author Topic: I want to buy LTC  (Read 337 times)
coincapbd (OP)
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January 28, 2021, 08:48:20 AM
 #1

I want to buy LTC. Which I have been thinking of preserving for a long time. Will it be profitable.
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January 28, 2021, 08:51:18 AM
 #2

I want to buy LTC. Which I have been thinking of preserving for a long time. Will it be profitable.

In my opinion yes I think it reached $180 before and I think it would be a good time to invest on litecoins now while it's around $120 well still it is much better if you will conduct your own research about the coin.

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January 28, 2021, 09:11:56 AM
 #3

This topic of yours doesn't fit this section, we are in mining section and I believe this OP should be in altcoins discussion section, anyway you are welcome, LTC is a top altcoin and good or long term holding so it's a YES, getting in right now is still better since market is in correction phase right now

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January 28, 2021, 09:45:11 AM
 #4

Someone could tell you it could be profitable, and another one could be a trap and just going to take your money. You can and never base your decision when someone only advises you on it, depending on the trust you have in that person, you should make your mind still.

I remember recently that it had a halving? They said it's going to rise in price, did it, though? I'm not sure.

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January 28, 2021, 09:57:22 AM
 #5

Someone could tell you it could be profitable, and another one could be a trap and just going to take your money. You can and never base your decision when someone only advises you on it, depending on the trust you have in that person, you should make your mind still.

I remember recently that it had a halving? They said it's going to rise in price, did it, though? I'm not sure.

I do increase its price but I think it's because it's following the rally of the Bitcoin, right now it is around $120 I am not really sure if Litecoin is a good investment right now but it's one of the top and known cryptocurrency so why not?

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January 28, 2021, 10:11:15 AM
 #6

I want to buy LTC. Which I have been thinking of preserving for a long time. Will it be profitable.

Litecoin could be profitable, but to find that if it still profitable, you need to research to find what price will be a good price for you to buy. We can suggest you the time to buy litecoin, but you need to find it by yourself. But if you want to hold for a long time, I suggest you hold bitcoin than litecoin because I think the bitcoin price will give you better profit than to hold litecoin.

I think litecoin can be a short term investment, and if you use it for a long term investment, I am afraid that you will see the price will go up and down many times. That can make you feel confused or sad because your money value will always change. Although that happens too if you hold bitcoin, bitcoin as the crypto leader will give more profit. It is why you need to research before you invest in any coins.

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January 28, 2021, 10:12:52 AM
 #7

How profitable LTC for you will totally depend on the so many factors like what price that you have taken it as the rate to enter in the market? Your position will be giving very big impact to the your profit too.
If you can get into the market when the market was dipping to the bottom and it will be very profitable to buy LTC
When you are buying LTC in random rate and your chance to get the profit from your LTC will be random. This depends on how good you are analyzing the best rate to enter the market.

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January 28, 2021, 10:28:56 AM
 #8

Hopefully you have already made your strategy and have done enough research about LTC before buying this coin good to see that you have shown confidence to buy LTC because when it was around $40 last year mostly people were predicting its end but this iconic coin has proven them wrong by touching $170 mark this month which indicates that LTC is capable enough to give profitable occasions to its holders.
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January 28, 2021, 12:04:58 PM
 #9

I want to buy LTC. Which I have been thinking of preserving for a long time. Will it be profitable.

I think it's a good idea and of course you will definitely get profit from investing in LTC, because I see the price chart from LTC continues to increase and if the price of LTC reaches its ATH price or makes a new ATH price, then you will get a big profit from investing in LTC (more than 100%), therefore I think this is the right time to invest in LTC, because the price of LTC is moving to increase and I'm sure the price of LTC will definitely increase very high soon (bull run), so you will definitely make a big profit from investing in LTC.

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January 28, 2021, 12:24:06 PM
 #10

I want to buy LTC. Which I have been thinking of preserving for a long time. Will it be profitable.

I do have LTC for a year and made some profit from it last December. I didn't expect that LTC will go beyond my expected price during the BTC's bull run. I guess the trading price as of writing is the best price to buy some LTC and then hold it 'til it reached your expected price then sell it.
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January 28, 2021, 01:23:27 PM
 #11

I want to buy LTC. Which I have been thinking of preserving for a long time. Will it be profitable.

I’d say it’s near certain that if you’re willing & able to your Litecoin investment long term then you will make great returns for sure. Patience is key in most successful investors, if you can wait then you will be happy.

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January 28, 2021, 01:37:44 PM
 #12


its a classic coin to hold. one thing that I don't like holding is that you will have regrets when the bullrun is over. you have to sell when somehow you see bears are coming.

the coin is yours but then you can't say you profited when you just hold it for a long time while your coins' quantity never grow. trading is the key of just go for POS coins. staking is almost like mining, you earn through the number of coins you hold. make use of it while you hold.



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January 28, 2021, 02:18:19 PM
 #13

Yes, I think so. I myself have some Litecoins (LTC) which is for long term also. Litecoin (LTC) is one of the oldest altcoins, and for several years it has been respected and used in real life. Some altcoins come and go at the top positions but Litecoin (LTC) has always been consistent. In fact, it has even reached the third rank lately, exceeding Ripple (XRP) in market cap.

Just be patient. The ATH of Litecoin (LTC) is around $375 and the price right now is just $131. That means the price may still triple in the months to come if Litecoin (LTC) will successfully break its previous ATH.
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January 28, 2021, 02:24:28 PM
 #14

try to look at its price now i really think its good to buy LTC now the current price of the LTC increase in 24 hours along with the doge, i didn't expect doge would increase 80% right now.
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January 28, 2021, 02:34:33 PM
 #15

I want to buy LTC. Which I have been thinking of preserving for a long time. Will it be profitable.
you have to realize that there is a possibility that the price might go down, depending on the market, investing is like gambling especially that you are in crypto, if you are really going to hold the coin, you have to be prepared for what will happen next for it will test your will to hold the coin, believe me, every time the price goes down you will feel something that you have never felt before, I assure you that you'll remember this words.

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January 28, 2021, 02:37:34 PM
 #16

The current market cap of crypto is on all time high so there is a high chance that the market will down for correction soon. If you are planning for a long term investment, you should wait for a general correction which will happened late once institutional investors flip some of there holdings. There main goal is to have profit so they will surely flip soon and that is the perfect time to buy coin for long term.

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January 28, 2021, 02:40:23 PM
 #17

I want to buy LTC. Which I have been thinking of preserving for a long time. Will it be profitable.
Many will say YES because its the top altcoins, but of course you have to choose wisely and it should be base on your analysis because if you will depend on what we say, then how you can know when to sell your holdings?

We all want to make money here, but many are still failing simply because they don't have time to learn things about the market, they just want an easy thing and ask someone they don't know, and the result is expected, they lose money. Buy the project you want to support because you believe on their project, not on someone's advice.

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January 28, 2021, 03:02:29 PM
 #18

I want to buy LTC. Which I have been thinking of preserving for a long time. Will it be profitable.

LTC is a popular altcoin and many investors are interested to investing in LTC, so of course investing in LTC is definitely profitable for you, because the price of LTC will definitely continue to increase, especially if there is a bull run then of course the price of LTC will definitely increase very high and give you a lot of profit from investing in LTC.
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January 28, 2021, 03:05:11 PM
 #19

I want to buy LTC. Which I have been thinking of preserving for a long time. Will it be profitable.

LTC is a popular altcoin and many investors are interested to investing in LTC, so of course investing in LTC is definitely profitable for you, because the price of LTC will definitely continue to increase, especially if there is a bull run then of course the price of LTC will definitely increase very high and give you a lot of profit from investing in LTC.
Remember friends, profitable or detrimental investments all depend on our ability to choose assets, situations and opportunities. looking at LTC's past flying abilities, you will see how you determine the best price to buy LTC, or sell the LTC you own.
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January 28, 2021, 03:37:09 PM
 #20

Haven't heard of any LTC threads/posts for a while, almost all of the threads that blew here were about Tether and XRP issues, I remembered investing on Litecoin back then, it's actually a good steady coin, although after I finished my investment, I moved on to ETH, no one can accurately give a heads up on this forum, though the market is almost done with its bullish run, it's still up to you if you're willing to invest on it right now or wait until the next bull run.
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