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Author Topic: Litecoin target for 2021  (Read 61 times)
GeZero (OP)
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August 02, 2021, 02:01:33 AM
 #1

Hi guys,

I am a very old Litecoin holder and lately I am losing confidence in this coin. If you compare LTC against any other top crypto, the charts are an absolute disaster.

Can any other old holder give me some reason for keep holding this coin or it´s time for leaving it and get into a more promising boat??
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August 02, 2021, 05:09:46 AM
 #2

There's no reason to keep your money in this coin again. If you have been getting huge profit and then get out. So many people are making more and more money from the new projects. Didn't you see that? So many BNB holders have become new millionaires from the binance coin. There are a bunch of new millionaires who came from the axie infinity.  Litecoin is an outdated coin with very old tech.
You can send a transaction with very very cheap fees than litecoin on various platforms. We didn't need litecoin. This coin will become the next dead coin.

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August 02, 2021, 05:59:26 AM
 #3

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 future as a classic and reliable altcoin.

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August 02, 2021, 06:18:46 AM
 #4

Although Litecoin is an imitator of Bitcoin, it also has its own characteristics. The total amount is larger than Bitcoin, and the block rate is also faster than Bitcoin. I am not very optimistic in the short term. In the long term, it is definitely suitable for holding, and it will rise sooner or later.

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August 02, 2021, 06:28:04 AM
 #5

From my limited perspective, in addition to Bitcoin, there are Ethereum and Litecoin. The currency circle is ever-changing, but only BTC and ETH have not changed. In the past, we have seen the rise and fall of many currencies such as DASH and LTC, as well as many rises. Among the new currencies, the only constants are BTC and ETH. Although there are not many LTCs, it is also a small indicator, and it may increase in the future.
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August 02, 2021, 06:33:35 AM
 #6

I agree with what you are saying. The movement with LTC hasn't been well compared to the other top crypto. I guess the time is finished for LTC for now. Maybe someday, when there's more application to it, perhaps it will bring more people to buy it, but I think we're stuck in this right now until that happens.

What made you HODL it in the first place? Why don't you believe in it now?

No one should decide it for you; only you should determine where you invest your money. It's never going to be a good idea to follow someone else's advice unless you both have the investors' risk-taking mindset.

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August 02, 2021, 06:34:17 AM
 #7

The latest I've heard anything about LTC is it's now accepted as a payment method on Newegg. It looks like they are also partnering with other gaming platforms. As to the development side, it's still about the mimblewimble. You should probably hangout on litecointalk.io to stay in the know.
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August 02, 2021, 06:43:20 AM
 #8

personally i believe in litecoin . litecoin founder now work with its privacy. i think in the its get the huge profit so we can have pensions with it.

There are some news about the progress that already published by some crypto news site but i think that the privacy feature is not enough for litcoin. These days people didn't care about their privacy anymore. They are taking the coins that can give them benefit just like play to earn, staking, farming, utility usage on the platform and etc.
What do you mean about the huge profit? it sounds like litec was not able performing so well like another coin and how can you sure we an get profit from ltc just because the privacy feature?
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August 02, 2021, 07:08:52 AM
 #9

Hi guys,

I am a very old Litecoin holder and lately I am losing confidence in this coin. If you compare LTC against any other top crypto, the charts are an absolute disaster.

Can any other old holder give me some reason for keep holding this coin or it´s time for leaving it and get into a more promising boat??

This experience has happened to me, I used to hold quite a lot of Dogecoin and I kept it for a very long time, finally Dogecoin gave me a big advantage at that time, this story can be a reference for you at this time, if according to your view or analysis of the development of the coin it is correct.

Litecoin has the same potential in my opinion, it's just that at this time they haven't found a significant level of success, if you can be patient it would be better to save the coin first, so that it can provide maximum income for you .

If this coin does not issue too much capital, then it's a good idea to save it first, because I believe that in the future this coin has good potential.

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