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Author Topic: I want to buy LTC  (Read 337 times)
TinaK
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February 03, 2021, 01:51:44 PM
 #41

Do you think someone of traders can predict you further future of LTC?! Look at the historical data on coinmarketcap. Lite was 185$ on its’ high and it is 150$ now. It can be profitable if it will go up, but it may dump more (down to 120$, or 100$). Make your own decision whether it’s time to buy or to wait.
LTC is a good growing platform for long term investment, so those are plan for investing the LTC, must analyse the volume and marketcap so it was really best choice for long-term investment. But many peoples are expecting the huge profits in short term so Day trading is the better match and LTC is not convenient for Day trading investment and I agree your statistics of cryptomarket so self analyse and patient is more important in current traffic.
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February 04, 2021, 10:31:27 AM
 #42

Do you think someone of traders can predict you further future of LTC?! Look at the historical data on coinmarketcap. Lite was 185$ on its’ high and it is 150$ now. It can be profitable if it will go up, but it may dump more (down to 120$, or 100$). Make your own decision whether it’s time to buy or to wait.
no one can predict the future of LTC because people will only see the graph of the movement during this time and the influence of bitcoin of course. if bitcoin increases again at this time it can be said that the current price of $ 148 might increase.

but I am more agreeable and wise to wait like you said so that LTC falls at a price that we can really reach ($ 100- $ 120) and can be profitable when it rises later in the day. because LTC tends not to be able to reach its ATH at this time and will be around $ 180 only.

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February 04, 2021, 11:01:24 AM
 #43

It’s always better to do your own research before putting money into a cryptocurrency since it is volatile and fluctuates with time. For Litecoin, most experts predict a higher price as the years go on and it might take a few more years for significant hikes.
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February 04, 2021, 01:56:04 PM
 #44

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

Historically speaking right now seems like a good time to buy as there is upwards room at around .004btc/ltc.  LTC has a solid base and won't be as risky as some of these other new coins that flash up and down like crazy.  Always good to hold some litecoin in your portfolio.  Just don't look to day trade it.  It can be stagnant for long stretches of time (which is good)

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February 04, 2021, 02:21:41 PM
 #45

For me, buying a Litecoin is an investment for the future, I think that the ATH price will be updated, if not in the coming months, then after the next halving in 2023.  This is a long term investment.
Among all top altcoin LTC is lagging behind. Though the price growing slowly but ltc couldn't break it's previous ATH price yet. Most other top alts made new ATH record recently and their price continuously increasing as well. Maybe we are going to see a bull trend of crypto market in this year. And I believe ltc price will increase enough in that run or before that and a new ATH price will happen. 'Grayscale' added 150k ltc at their holdings fund in last 30 days. We should take it as a positive sign for LTC. Finally the decision is upto OP whether he is going to invest in ltc or not. You may check this article
Five Reasons Why Litecoin Is Ready To Shine Once Again

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February 04, 2021, 05:18:47 PM
 #46

For me, buying a Litecoin is an investment for the future, I think that the ATH price will be updated, if not in the coming months, then after the next halving in 2023.  This is a long term investment.
Litecoin's development is very slow, but Litecoin has great potential. This is sometimes a doubt for some people, and it is clear that Litecoin is very suitable for long-term investment in the future. because looking at the high price of litecoin it seems convincing to have on a long term investment
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February 05, 2021, 04:05:14 AM
 #47

It will profitable if you sell above your buy price. Otherwise, you will suffer loss if you sell below your buy price.
Have you see the chart or news that makes you interested to invest on ltc, if yes then maybe you can spare some of your wealth without any hesitate.

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February 05, 2021, 09:20:38 AM
 #48

I want to buy LTC. Which I have been thinking of preserving for a long time. Will it be profitable.
Buying LTC is still a good choice to invest in your portfolio. In my opinion it will be profitable and good for long term investment.  Checking the current market it is slowly rising. So before you invest make time to research so you will know how much you are willing to invest in a certain coin.
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February 05, 2021, 01:01:04 PM
 #49

Well litecoin is one of the established coins existing so I cant say that its a bad choice to invest in it. However this coin is ideal for long period hodling due to the movement of its price which you can hardly take profit. I invested in this coin few years back but after a year I decided to sell it because of less profit compared to hodling btc and other popular altcoins.

Anyways its a must to do your own research and dont rely alone to other investor's suggestions.

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February 05, 2021, 01:05:25 PM
 #50

If you plan to buy LTC, you can buy it at the current price, because LTC is one of the top altcoins that haven't made it back to the ATH price.
So it is a good opportunity to buy LTC from now on, it can generate quite a large profit if this year's LTC is able to return to ATH prices. Moreover,
all cryptocurrencies are still in a bullish trend, so it is very likely that the LTC price could return to the ATH price in 2021. We only need to be patient
waiting for the increase in LTC prices, because compared to other top altcoins. LTC is quite slow in increasing. Even Ethereum, Polkadot, Chainlink,
Binance Coin and Dogecoin have managed to reach the new ATH price beforehand. Hopefully LTC can follow soon.

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