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Author Topic: Hodl litecoin or exchange for ethereum?  (Read 249 times)
javainn
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April 29, 2021, 06:13:10 AM
 #21

As a note I have both litecoin and ethereum, it seems eth will surge once July approaches. Should I continue to hodl litecoin seeing as it hasn’t even hit its ATH yet? I was hoping Litecoin would have shot up sooner so I could get more eth before it decided to shoot up, but oh well.
I myself use both, why exchange to one of the coins if both are proven to have good potential.
I would rather see the two coins we own grow together rather than have to be a spectator for one of them. the potential of LTC and ETH are as good as both dragons, especially LTC is like a sleeping dragon when waking up will shake the crypto market

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April 29, 2021, 06:19:47 AM
 #22

As a note I have both litecoin and ethereum, it seems eth will surge once July approaches. Should I continue to hodl litecoin seeing as it hasn’t even hit its ATH yet? I was hoping Litecoin would have shot up sooner so I could get more eth before it decided to shoot up, but oh well.
You have both in your folio ? so why need to bother yourself when those coins are really futuristic and has a long way to go this 2021 means keep Holding them and never change ways for your own goodness ..
Litecoin is simply climbing step by step , look maintaining more than 250$ value while ETH is also keeping the 2000$ range .
Keep them up and add More Bitcoin for more secure investments .

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April 29, 2021, 06:30:59 AM
 #23

Should I continue to hodl litecoin seeing as it hasn’t even hit its ATH yet?
If you have spare money to invest. Then why would you not trade some and hold it until you are sure what to do?
Having litecoin means more money, because litecoin is still a promising coin until this date.

Exchange it to ethereum could make you get less reward during this season to be honest.

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April 29, 2021, 06:32:23 AM
 #24

Both litecoin and ethereum are in a good position during the bull run in the crypto market. But litecoin's future is going to be better for ethereum's price increase if you keep holding on by investing the price will go up further but now ethereum has pumped a lot after bitcoin it would be better to invest in ethereum. The value of this currency will increase further almost every coin broke his record during the bull run.
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April 29, 2021, 06:35:43 AM
 #25

I prefer ethereum consider ethereum will be getting a big update in the future and it will be moving to the POS consensus. This will decrease the inflation, give hardcap to the supply, increase the block size, and there will be so many new features to come in the ethereum platform. That could be a game-changer for you. I think that so many people will pick ethereum rather than litecoin.
So far ethereum offers more utility use cases compared with litecoin. That makes sense if ethereum is superior compared with litecoin.

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April 29, 2021, 06:52:10 AM
 #26

If the profit from ETH is enough to satisfy you then I think you can move up a little to LTC, I personally like both of these coins. But I differ from you that I only keep ETH, next time ETH will have a lot of new updates. So no doubt I firmly believe that ETH will increase a lot in the near future.

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April 29, 2021, 06:55:47 AM
 #27

If you are okay holding both coins for long term then I don't think there is any need to bother which one will grow more than the other, but if you are considering price as well as gains, then I think you can convert Litecoin to Ethereum taking into account the way Ethereum is projected to grow due to upcoming developments. One thing is that, in this bull market, everyone is trying to maximize whatever opportunity they are presented with, hence the reason I think you are asking the question. Lastly, some coins are bound to grow more than others, and I think this is also the scenario with Litecoin and Ethereum.

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April 29, 2021, 07:03:06 AM
 #28

now it is better to switch to ETH, for profit in usdt. You will not be able to increase the number of eth at the expense of ltc, until I see prospects for greater growth in LTC than ETH.
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April 29, 2021, 07:05:29 AM
 #29

Just swap it to ETH if you think ETH has more prospect than litecoin which rumoured to have been abandoned (cmiiw since I've never try to look into any news regarding litecoin) and smart contract coin like ETH definitely more popular these days, you can get defi and dapps meanwhile with litecoin you can use it for sending money and pay bill I guess?
Not to mention development in ethereum is really active,try to see their repo so many contributors and the community itself actively discussing about this coin, even the price right now is kinda bullish because more and more people coming back to ETH after the gas fee has decreased significantly.

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April 29, 2021, 07:06:01 AM
 #30

As a note I have both litecoin and ethereum, it seems eth will surge once July approaches. Should I continue to hodl litecoin seeing as it hasn’t even hit its ATH yet? I was hoping Litecoin would have shot up sooner so I could get more eth before it decided to shoot up, but oh well.
One thing you should know is that you shouldn't act on anyone's opinion in this crypto space, because when you do and things go sideways you only be the one to lose your money, so it's important for you to DYOR then decide for yourself what is best, but I will suggest you get more eth rather than LTC, because imo LTC has a slowly rate in terms of growth whereas ETH is faster in terms of growth and  it has a whole ecosystem and a much larger community than LTC, if you keep waiting for LTC to shoot up first then you might buy eth at $3,000+ very soon, ETH is pumping hard right now, the best time to buy was at the recent dip.
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April 29, 2021, 07:33:07 AM
 #31

Both are good altcoins but my top priority would be Ethereum without a second thought. Since the bull run starts last year. I have not seen much movement in Litecoin to date it is moving very slowly, on the other hand, Ethereum is booming at quite a good pace and I still believe it will move much more in the coming days as compared to Litecoin. If I were you I would definitely exchange it for Ethereum a long time back.

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April 29, 2021, 07:33:40 AM
 #32

LTC is also good for long-term hold in my opinion. If you look at the pattern of the increase is not too high and has not reached ATH. for ETH itself, it was rumored long before that it would be booming this year.

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April 29, 2021, 07:52:05 AM
 #33

I really believe LTC is a very good coin. however, based on my considerations, between the two coins, I prefer to focus on ethereum. however, the price has already gone up, and LTC has not shown any potential upside. My advice is, if the amount of LTC you are holding isn't that much, then switch it all over to ethereum. Well, DWYOR.

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April 29, 2021, 08:32:02 AM
 #34

I would exchange to Ethereum anyday because it's clear that Ethereum is marginally better and have more room to grow in short term, LTC is trying but any further surge from LTC will depends entirely on BTC performance

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April 29, 2021, 09:11:52 AM
 #35

Ethereum has more applications and uses more so keep the majority of Ethereum in your wallet. Litecoin is also good crypto to hold but it certainly cannot grow as fast or as strong as Ethereum.
The bull run isn't over yet so keep holding your litecoin or keeping two to make sure you don't miss out on profits from either crypto.
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April 29, 2021, 09:20:42 AM
 #36

I think you should keep both of these coins, as these are all major coins in the current market especially ETH. I think if the next time the altcoin boom follows what everyone hopes for a season, the ETH LTC will have a huge increase.
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April 29, 2021, 09:39:24 AM
 #37

If you are asking for financial advice you will get the worse from others. Litecoin or Ethereum, who cares basically. Litecoin has done nothing lately and still managed to be priced so high. It doesn't mean anything to me. Meanwhile developments in Ethereum are constant and the network has a huge userbase. I don't think Litecoin is anywhere near the adoption levels of Ethereum.
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April 29, 2021, 09:42:53 AM
 #38

I still have both altcoins, but I'm considering exchanging Litecoin to Ethereum.

During last 2 weeks Bitcoin has lost a lot, but Ethereum managed not only to recover quickly, but to show also a growth, while Bitcoin still can not get back to $60k level. By looking on Litecoin it is seen that it has lost and returned to $250+ level. Or basically did not gain anything, while Ethereum did. Not to mention that Ethereum blockchain managed to reduce transaction fees several times.

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April 29, 2021, 02:15:49 PM
 #39

As a note I have both litecoin and ethereum, it seems eth will surge once July approaches. Should I continue to hodl litecoin seeing as it hasn’t even hit its ATH yet? I was hoping Litecoin would have shot up sooner so I could get more eth before it decided to shoot up, but oh well.

if you already have both (Ethereum and Litecoin), then you don't need to bother, because my advice is that you better HOLD both of them and of course you will still get a profit if the price of one of them increases, because when you exchange Litecoin to Ethereum and the price of Litecoin has increased very high, then of course you will definitely regret not holding your Litecoin and instead exchange it, therefore I suggest you to still hold both of them.

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April 29, 2021, 06:09:17 PM
 #40

As a note I have both litecoin and ethereum, it seems eth will surge once July approaches. Should I continue to hodl litecoin seeing as it hasn’t even hit its ATH yet? I was hoping Litecoin would have shot up sooner so I could get more eth before it decided to shoot up, but oh well.
I think that it is too late for your to convert you other coins or Litecoin to Ethereum as the price is currently trading around $2700 and it is expected that the price could reach over $3000 once the upgrade is implemented and the price of transaction charges starts to fall. The only aspect you need to consider is that the price has risen to levels that we have not seen before but if you want to take a risk i would say ETH as it could rally from this position than Litecoin.
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