Recover of litecoin

[blue Snow]

that's a non sense thing dude. The reason must be people who have been holding lite coin already sold their lite coin to move in a better coin with more utility or NFT.

People always wanted new developments from a currency, so they find that NFT has all the capabilities to compete in the entire crypto market. Moving towards other asset is another alternative for every investors, just for the safety if their money.

Litecoin is very slow than other NFT in the market reason most investors prefer to invest through NFT because litecoin were not that good anymore ,

People know that if this coin gives them nothing while others keep harvesting with more and more good defi and NFT coin. Remember that the NFT holders can earn a reward on a daily basis.

I dont think Litecoin is still a interesting coin anymore, its still can recover by following bitcoin rise but i dont think it could rise so high anymore.
People nowadays interesting more in a DeFi platform or NFT platform and another else which probably will come as trend in the future.

Op didn't mentioned NFT, Look like you are on NFT fans, no problem if you can get the reason to get profit, I doubt it's just a moment like defi and doge. Litecoin have a fudamental same as bitcoin, I don't want sell it for the reason.

There are many reasons why Litecoin is one of the coins that has not had a significant price recovery. Litecoin tends to be very slow and this is not great for a coin. so i think maybe this reason make people switch to other coin which has faster increase

don't sacrifice, if you like change your fiat into it and don't exchange crypto into another crypto.

(Btw Why are you guys dragging NFT into this conversation?

yeah, they are NFT fans, they are inciting every where

[Sollaes]

If you hold the light coin at a higher price, you will definitely be able to recover it.  The reason why the price of light coin is decreasing is to increase because if the price of token does not decrease then no one can buy and if not then no one can sell.  So it is normal for the price of coins to fluctuate.  You can definitely recover like coins from here.

Personally I believe in Litecoin. It has a big community, and devs have a good portfolio.
It's a very cheap, super-safe highway for making payments - especially when it comes to micro-transactions. Litecoin’s team is now working on the implementation of the lightning network protocol and applications for smart contracts and privacy. Litecoin has a bright future as a classic and reliable altcoin.

[irixo10]

Well, that's not really true, the reason why the price of Litecoin decrease or dump is because it is reacting to the nature of the market, some people buys and some people sells, and when the market is not too good, more people will sell thus leading to more price drop and most times even when the market is good, the price might not still increase because most people have their attention somewhere else, and in some cases it do increase.
Therefore, in this case, for the price to rise, falls on the team, the reaction towards their project's development will determine the reaction of the community and investors into buying. This is just the case of Litecoin as well as with other coins.
So in other words, Litecoin is good but however the team need to work hard to give the users and investors something good to look forward to which in return will lead to price increase.

[AliMan]

If you hold the light coin at a higher price, you will definitely be able to recover it.  The reason why the price of light coin is decreasing is to increase because if the price of token does not decrease then no one can buy and if not then no one can sell.  So it is normal for the price of coins to fluctuate.  You can definitely recover like coins from here.

To give a simple thoughts about it, no one is selling now because more holders chooses to wait until there's changes of it market movements. While btc hasn't yet reached the previous ATH, I think other coins also have been stagnant and couldn't move up high. I guess litecoin always depends with btc market pairs as well as eth, which got a huge market volumes on biggest trading sites where this coin was listed.

[Kena Banned]

If you hold the light coin at a higher price, you will definitely be able to recover it.  The reason why the price of light coin is decreasing is to increase because if the price of token does not decrease then no one can buy and if not then no one can sell.  So it is normal for the price of coins to fluctuate.  You can definitely recover like coins from here.

So basicly, the reason why its decreasing is because people thing the coin is overvalued, and i believe it too. Since many another project are more interested to be invested than a old coin like LTC.
Move on, DeFi are cooler hype at the moment.

[Twinkledoe]

If you hold the light coin at a higher price, you will definitely be able to recover it.  The reason why the price of light coin is decreasing is to increase because if the price of token does not decrease then no one can buy and if not then no one can sell.  So it is normal for the price of coins to fluctuate.  You can definitely recover like coins from here.

So basicly, the reason why its decreasing is because people thing the coin is overvalued, and i believe it too. Since many another project are more interested to be invested than a old coin like LTC.
Move on, DeFi are cooler hype at the moment.

The OP first needs to correct the spelling of light coin to litecoin because there is one alt named lightcoin. Because it may confuse others and it  is not right. In this market, spelling is important as we have similar names of coins, and sometimes they only omit one letter or add one letter.

Anyway, he needs to re-phrase his statement as for me, I don't fully understand what he is trying to convey here.