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Author Topic: I want to invest in litecoin. What would be the right decision at the present ti  (Read 240 times)
lamnsdon (OP)
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September 19, 2021, 08:19:01 PM
 #1

I am going to invest in litecoin for a long-term hold. What would be right to invest in litecoin at the present time? What do you think?
sunsilk
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September 19, 2021, 09:08:37 PM
 #2

The right decision is to look at the whole chart of it from the past up to the present. And with that visibility, you can have an idea if it's a good time to buy right now or you just have to choose another crypto for you to invest.

Litecoin is considered by many as a good altcoin too so there's no worry about it if you want to hold it long term. But it is not enough and you have to analyze it on your own base on the chart and as well as the news/updates about it.

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September 20, 2021, 04:10:00 AM
 #3

I am going to invest in litecoin for a long-term hold. What would be right to invest in litecoin at the present time? What do you think?

Litecoin is a fork of Bitcoin that stands out by its speed and cheapness. It is developing all the time:Devs constantly add features and functions. Moreover, Litecoin is on the 16th place on coinmarketcap table, so I will definitely hold it for long. In terms of its decreasing I just think that all tokens are under a cloud now, because it a hype in other spheres, for example, in NFT, so we just should wait. But I don't think that you should invest right now. Wait when it falls completely and rebound a bit.
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September 20, 2021, 08:20:09 AM
 #4

Yeah, it will be good investment go for it
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September 20, 2021, 09:56:32 AM
 #5

I am going to invest in litecoin for a long-term hold. What would be right to invest in litecoin at the present time? What do you think?
I'm a sucker for ETH and LTC. Those are my attached altcoins in my portfolio. I already profited from them and I plan to acquire more when I got some funds.
I also reserved a slot for Stakenet's XSN in my bag. A very promising low cap coin that has huge potential to burst. You might want to check this one out too.
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September 20, 2021, 01:04:23 PM
 #6

What would be right to invest in litecoin at the present time? What do you think?
You should always use the dip as the right time to enter in the market but when you wanna try to enter into the litecoin and you must know what condition that faced by the market. Just get various entry level. You must spread your money into the various rate when the market was dipping to avoid if the price may go down even deeper than before.

In my opinion if this time should become the correct time to take your position but you must remember if the dump can go even more than this time and you must create a prevention act for that. The price of litcoin was so cheap right now but bitcoin was making it is very risky at this moment to be used as investment.

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September 20, 2021, 01:20:50 PM
 #7

What would be right to invest in litecoin at the present time? What do you think?
You should always use the dip as the right time to enter in the market but when you wanna try to enter into the litecoin and you must know what condition that faced by the market. Just get various entry level. You must spread your money into the various rate when the market was dipping to avoid if the price may go down even deeper than before.

As long as you're determined and have your reasons for buying LTC over other top 10 alts there's no issue - everyone has their own reasons and goals.

The next thing to think about is the entry points as discussed above. You want to benefit from the dumps and end up with an average entry price so you'd need to keep a close eye on the market to find those entry points. I'd say today is particularly a good time to buy Wink
Rahman11
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September 20, 2021, 01:41:12 PM
 #8

This guide has provided many details that make Litecoin worth investing in. Still, you can do additional research online or elsewhere in this blog to further consider before making a decision.
https://primexbt.com/for-traders/is-litecoin-a-good-investment/
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September 20, 2021, 01:52:52 PM
 #9

I am going to invest in litecoin for a long-term hold. What would be right to invest in litecoin at the present time? What do you think?
Why not Bitcoin or ETH or BNB? Maybe you have the reason why choosing that coin and I believe it was reasonable as you think it was really a good investment. Well, Litecoin is one of the known and profitable coins in the market and so I could say that it was a good choice but I don't think just you need to keep it alone, it was better to invest in Bitcoin together.
But I think you have to wait for the moment when the price correction will come in order to make a buy at a cheaper price.

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September 20, 2021, 02:54:50 PM
 #10

actually the decision is yours
if you want to invest long term, buy it when the LTC market price is volatile, but it's better if you see the market conditions directly in 24 hours if possible you can buy LTC at this time.
if I personally move away from LTC it's better to look for other tokens that have better candle movements

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September 20, 2021, 05:34:16 PM
 #11

Of course it depends on how you see Litecoin as a potential coin. So don't ignore this desire, especially if you have seen that the prospects for Litecoin are quite good. Litecoin also looks at least able to survive the very extreme conditions in the market. But remember to invest from a percentage that is not too large.

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Anonylz
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September 20, 2021, 05:44:09 PM
 #12

Market is currently dipping now so you may want to wait a bit to see how far this dip will go before buying ltc, if you plan to hold for long term it probably will not matter much when you get in because price will be high in the long term.

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September 20, 2021, 06:48:33 PM
 #13

This guide has provided many details that make Litecoin worth investing in. Still, you can do additional research online or elsewhere in this blog to further consider before making a decision.
https://primexbt.com/for-traders/is-litecoin-a-good-investment/
I am also long term investor in Litecoin as it's one of the best option for many years just try to keep eye on market because it's very important and keep your target and goals in mind before doing anything investing developers doing good job for years bringing few features and its fees and transaction speed is also never been issue for years.

Current price and time is best for investment, just invest which you can afford and enjoy your time here in crypto world.
gaston castano
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September 21, 2021, 06:29:43 AM
 #14

if it is long term it will actually be suitable to buy under any conditions, because you will keep it for a long time and do not have to pay attention to market conditions every time.
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September 21, 2021, 07:28:34 AM
 #15

I am going to invest in litecoin for a long-term hold. What would be right to invest in litecoin at the present time? What do you think?
At a time of price decline like now almost all big coins are good to choose as investments, but if I may I suggest don't put all your money in Litecoin, but try to look at some other coins whose potential is no less great than Litecoin in the market.

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September 21, 2021, 07:29:34 AM
 #16

You can buy Litecoin right now without waiting for the price moves because your reason to buy Litecoin is for long-term investment so you do not have to think much about the price movements. So no matter if the price now is more than $100, you can buy it now and hold it for some time until your target time comes to you so you can sell it at that time or you can hold for more.

I wonder how long you will hold Litecoin if you want to use it as a long-term investment and why not bitcoin for your long-term investment since bitcoin can give you more profit than Litecoin.

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September 21, 2021, 08:11:41 AM
 #17

I am going to invest in litecoin for a long-term hold. What would be right to invest in litecoin at the present time? What do you think?
you are investing for long term?

then you should not ask for those because buying and holding is needs nothing but trust only.

Buy litecoin and then keep to the time you wanted to how long.

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September 21, 2021, 12:03:12 PM
 #18

I am going to invest in litecoin for a long-term hold. What would be right to invest in litecoin at the present time? What do you think?
No need to think for long term, Litecoin is one of the coins with good fundamentals. Litecoin is one of the crypto currencies derived from Bitcoin Core QT which means that everything in Litecoin is not much different from Bitcoin, it can be said that Litecoin is the silver of the crypto world and historically the Litecoin chart has a very good ATH in the last 4 years

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September 21, 2021, 02:46:16 PM
 #19

What would be right to invest in litecoin at the present time? What do you think?
You must think again before try to invest your money on this coin. Litecoin was not strong like it was before. So many new coins have been surpassing this coin but if you wanna use this as a short term assets and this may be a good idea but i didn't even think to use this as a long term coin caused by this coin has no utility compared with another new coins that got introduced into the market.

is not it better for you to get another coin instead of investing in the old and outdated coin like litecoin? Litecoin is worth to be considered as an investment but you must also try to think about that for the second time. Even its creator was selling his stash to the market. That sounds weird to consider this coin.
This time would be the right time to invest but it's better if you're putting a few bucks on it.

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September 21, 2021, 03:25:17 PM
 #20

Most investors see Bitcoin as gold and Litecoin as silver. Litecoin has made a lot of progress and has even been included as a means of payment in international payment system, especially Venezuela. Via money transfer platform Remesas, foreigners can send Litecoin to family members and friends in Venezuela who receive Bolivar in their local bank account through Remesas. A 15% commission is charged which means the government in Venezuela is secretly collecting Litecoin. Another interesting fact is that the Litecoin Foundation owns a 9.9% stake in the German bank (WEG). And the Litecoin Foundation has received this as a donation from the Swiss blockchain company TokenPay.
These two facts further strengthen Litecoin future even more brightly. There is clear potential that Litecoin will rise further and is certainly a formidable competitor to other crypto.
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