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Author Topic: How many of you believe in Litecoin?  (Read 434 times)
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November 28, 2022, 03:04:14 PM
 #41


In various aspect Litecoin is one of the best coins in the market today. As we know this coin is built on the Bitcoin protocol which was created in 2011 from a fork of the Bitcoin blockchain. Investors have a positive attitude towards this coin. When the market stabilizes to a better position many will be aware of the dominance of this coin. Currently this coin has gained quite a reputation as a payment method. The coin also holds the 15th rank in market cap. Many agree that it will pump big into the bullish period. The coin is about 82.4 percent below its current price which can be called a good means of reliable investment.

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November 28, 2022, 03:09:56 PM
 #42

I've been also an investor of Litecoin as at that time, only Litecoin I can buy in whole. What I mean is that I can buy 10 Litecoin while I can't buy 1 BTC in whole, so for me it is an achievement to buy something like that and it is the second cryptocurrency and up until now it is exist and surviving, I still believe that Litecoin is a good investment though we don't hear any latest news about it, it still has a good volume and still in the top 20 coins.

But there are now many new coins which might take the market and such as Ethereum, BNB, SOL and ADA.


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November 28, 2022, 10:02:26 PM
 #43

I don't believe in the $500 for LTC, but in stable 100 it is quite possible.New investors who come to the crypto market do not often buy old assets, they are more interested in more modern meme coins and tokens.I often buy some,if I have free money and use it even more often if I need to send funds between exchanges.I think a lot of people do that.
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November 28, 2022, 10:25:35 PM
 #44

I don't believe in the $500 for LTC, but in stable 100 it is quite possible.New investors who come to the crypto market do not often buy old assets, they are more interested in more modern meme coins and tokens.I often buy some,if I have free money and use it even more often if I need to send funds between exchanges.I think a lot of people do that.
Litecoin is one among the coin that have got good usage and accepted into more number of services compared with different other cryptocurrencies. Being an old coin it have got its importance. However it lacks growth and it was growing along with ethereum. Later ethereum progressed, but Litecoin missed the move. Till date it have been struggling to make a big move.

Litecoin is good for long term. It is one among the trusted investment where profit in the long term is assured, but the profit too won't be that big.

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November 28, 2022, 10:53:36 PM
 #45

Used to have some stash on litecoin but realized that they are all just the same in the end. They will all go up if bitcoin's price up, and go down if bitcoin's price go down. If all alts dependency on bitcoin remains, their market movements and patterns will remain similar, Litecoin hasn't had a very remarkable upgrade in the last few years which makes it as stale as it can be. The only reason its value holds up is because it was the first altcoin, and a lot of interest on its value (not with its tech) has been vested by a lot of early adopters in the past.

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November 28, 2022, 11:07:13 PM
 #46

So, how many of you still believe in Litecoin and think we will still see it go past the $500 mark again?
The days for litecoin to be called as silver in crypto already gone. We will not see that litecoin even surpassed $500 again. Nothing impossible but seeing from people these days taking utilities as everything to bet makes me sure if litecoin will not have even touched its ATH again.
Litecoin was lack of utility and it was only developing the anonymous related product that makes transaction gave more privacy to the users. Bitcoin needs to surpass 100k to see that litecoin will be touching such rate. I didn't even see any possibility for that price to be achieved by litecoin.
This old coin is also lose against the new token that being developed after that. These days people are valuing so much about something that being called as utility from the token. It was not even only offering BS. The only good usage for litecoin was for payment system purpose only.

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November 29, 2022, 07:21:03 AM
 #47

I've been also an investor of Litecoin as at that time, only Litecoin I can buy in whole. What I mean is that I can buy 10 Litecoin while I can't buy 1 BTC in whole, so for me it is an achievement to buy something like that and it is the second cryptocurrency and up until now it is exist and surviving, I still believe that Litecoin is a good investment though we don't hear any latest news about it, it still has a good volume and still in the top 20 coins.

But there are now many new coins which might take the market and such as Ethereum, BNB, SOL and ADA.
That is of course a great feeling and makes you feel richer. However, we should remember that if you can't buy btc, you could try to get 1 whole eth, and if you can't then there is bnb, and if you can't then you could do ltc.

However, just because you could buy it whole doesn't mean it's good, you could get tens of thousands of doge, or you could even get millions and maybe even billions of shiba as well and none of that means anything as long as the marketcap is low. What you won as a total worth in dollar value is what matters and if you could buy a good chunk of it as well. I personally diversify my portfolio and LTC is one part of it as well.

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November 29, 2022, 11:41:48 AM
 #48

Litecoin has always been one of my favourite cryptos. It was the first crypto after Bitcoin, and it was the third crypto I mined first.
 
Nowadays, I do not mine cryptos any more, but I'm still hoarding Litecoin as I believe I will still make 10x or plus more than what I have invested. After Bitcoin, for me, it is the best.
 
So, how many of you still believe in Litecoin and think we will still see it go past the $500 mark again?
I still hold few litecoins which were collected through faucets and giveaways. I remember the times when litecoin was trading around 0.02 BTC levels and I am still believing that kind of price range for encashing my litecoin hoarding. I may sound non realistic but I am just expecting a kind of scenario like what happened for dogecoin.

Yeah, I mean if someone like Elon Musk decides to adapt and want to call themselves as a "litefather" then litecoin may resume its journey to stars. In my opinion, there are 99% chances for this to happen and if you ask similar things are possible for new coins then definitely there would be only 1% chances but for old gems there could be better chances. Like dogecoin, I am expecting waves, BCH, BSV, Tron, RDD to fly in coming years for different reasons/adaptions.
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November 29, 2022, 12:50:30 PM
 #49

So, how many of you still believe in Litecoin and think we will still see it go past the $500 mark again?
The days for litecoin to be called as silver in crypto already gone. We will not see that litecoin even surpassed $500 again. Nothing impossible but seeing from people these days taking utilities as everything to bet makes me sure if litecoin will not have even touched its ATH again.
Litecoin was lack of utility and it was only developing the anonymous related product that makes transaction gave more privacy to the users. Bitcoin needs to surpass 100k to see that litecoin will be touching such rate. I didn't even see any possibility for that price to be achieved by litecoin.
This old coin is also lose against the new token that being developed after that. These days people are valuing so much about something that being called as utility from the token. It was not even only offering BS. The only good usage for litecoin was for payment system purpose only.

That's what people said before on bitcoin especially when ATH hit and it dumps when bearish market happened but it defy all doubts from people since bitcoin bounce back again the same with other altcoins when it having a big really and Litecoin is included with that. So there's no doubt that Litecoin will pump back again since once many people feels that bear market is over they will grab some altcoins to buy and Litecoin will be one of their option to hold since this is old coin which is tested by many bear market seasons.

R


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November 29, 2022, 03:30:04 PM
 #50

I don't believe in the $500 for LTC, but in stable 100 it is quite possible.New investors who come to the crypto market do not often buy old assets, they are more interested in more modern meme coins and tokens.I often buy some,if I have free money and use it even more often if I need to send funds between exchanges.I think a lot of people do that.

LTC is a coin that manages to follow the direction of movement of bitcoin price when bullish and bearish. For me, it doesn't matter if this coin is out of date. But, what is important is to keep it for a long term investment, LTC is more convincing than meme tokens which you think as a modern projects. I know, a lot of people hope to suffer the same fate as when doge reaches ATH, because doge is just a meme coin too. There is nothing wrong with that thought. But, if you don't think about the long term, have you looked at the research on how many thousands of meme tokens are being lost today with millions of dollars of investors' money that definitely won't be able to come back? Whereas you buy 1 LTC right now at $75, it will be safer to hold than buying 10,000,000 (meme tokens) worth $50 hoping that it will last as long as LTC.

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November 29, 2022, 08:38:03 PM
 #51

So, how many of you still believe in Litecoin and think we will still see it go past the $500 mark again?

Litecoin is already an example of a blue chip in the cryptocurrency world. You can invest in Litecoin, but only when the coin is very cheap, as it is now, for example. Then investing in Litecoin is justified, but if investing in Litecoin happens on highs, this coin is not like bitcoin, which gives profits even if you buy the coin at ath mark. Litecoin, for example, rose only 15% last year, relative to the highs of 2017, so it's worth waiting until the coin collapses 70-80% to make the investment worthwhile.

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November 29, 2022, 09:07:34 PM
 #52

Litecoin has always been one of my favourite cryptos. It was the first crypto after Bitcoin, and it was the third crypto I mined first.
Nowadays, I do not mine cryptos any more, but I'm still hoarding Litecoin as I believe I will still make 10x or plus more than what I have invested. After Bitcoin, for me, it is the best.
So, how many of you still believe in Litecoin and think we will still see it go past the $500 mark again?

I don't have that much experience with Litecoin because to be honest i have never owned any Litecoin nor mined it or something like that. As you already said Litecoin is one of those crypto projects that are around for many years now and for that fact alone i think it is a very likeable project. From the tech side it is not that impressive as far as i know of. It is a simple Bitcoin clone with minor tweaks to enable more transactions and lower transaction fees but that is pretty much it.
I don't really know if i believe in Litecoin or not, i think it is definitely possible that litecoin will face the same future as some other older projects that were among the top 10 a few years ago. It needs to be careful to not lose relevance slowly but surely.
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November 29, 2022, 09:48:22 PM
Merited by wiss19 (3)
 #53

I still hold few litecoins which were collected through faucets and giveaways. I remember the times when litecoin was trading around 0.02 BTC levels and I am still believing that kind of price range for encashing my litecoin hoarding. I may sound non realistic but I am just expecting a kind of scenario like what happened for dogecoin.

Yeah, I mean if someone like Elon Musk decides to adapt and want to call themselves as a "litefather" then litecoin may resume its journey to stars. In my opinion, there are 99% chances for this to happen and if you ask similar things are possible for new coins then definitely there would be only 1% chances but for old gems there could be better chances. Like dogecoin, I am expecting waves, BCH, BSV, Tron, RDD to fly in coming years for different reasons/adaptions.
Those were the days for litecoin for sure, it was definitely entertaining and it was a great period for all of us. I have to say it is going to be like that for litecoin in the future again or at least that is what I believe in. I know that not many people believes that, but I do believe it and I think it will be amazing.

What we need to do right now is to make sure that everyone is considering the possibility of bitcoin being great for being early, but litecoin was in 2011 as well so it is very early too and still standing good at around top 20 for good. It means that something that is as good as litecoin and has been consistent, should be growing bigger.
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November 29, 2022, 10:08:21 PM
 #54

I still hold few litecoins which were collected through faucets and giveaways. I remember the times when litecoin was trading around 0.02 BTC levels and I am still believing that kind of price range for encashing my litecoin hoarding. I may sound non realistic but I am just expecting a kind of scenario like what happened for dogecoin.

Yeah, I mean if someone like Elon Musk decides to adapt and want to call themselves as a "litefather" then litecoin may resume its journey to stars. In my opinion, there are 99% chances for this to happen and if you ask similar things are possible for new coins then definitely there would be only 1% chances but for old gems there could be better chances. Like dogecoin, I am expecting waves, BCH, BSV, Tron, RDD to fly in coming years for different reasons/adaptions.
Those were the days for litecoin for sure, it was definitely entertaining and it was a great period for all of us. I have to say it is going to be like that for litecoin in the future again or at least that is what I believe in. I know that not many people believes that, but I do believe it and I think it will be amazing.

What we need to do right now is to make sure that everyone is considering the possibility of bitcoin being great for being early, but litecoin was in 2011 as well so it is very early too and still standing good at around top 20 for good. It means that something that is as good as litecoin and has been consistent, should be growing bigger.
Yeah, I am also a litecoin holder but I am just expecting it to gain values up to 0.01BTC; yeah just half of what you people might be dreaming about. But, I strongly believe into dogecoin kind of situation for litecoin as well. This may be just an imagination but we cannot ignore that only dogecoin is alone attractive to some world richest people.

Holding for years with a target in BTC value which may decrease over the years when bitcoin's value gradually increasing every 4 years must be a big challenge for all the people who calculate profits or losses in BTC. Still, I want to hold litecoin for infinity time frame or up to a price level which may convince me to sell off all my litecoin hoarding.

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November 30, 2022, 03:29:03 AM
 #55


In various aspect Litecoin is one of the best coins in the market today. As we know this coin is built on the Bitcoin protocol which was created in 2011 from a fork of the Bitcoin blockchain. Investors have a positive attitude towards this coin. When the market stabilizes to a better position many will be aware of the dominance of this coin. Currently this coin has gained quite a reputation as a payment method. The coin also holds the 15th rank in market cap. Many agree that it will pump big into the bullish period. The coin is about 82.4 percent below its current price which can be called a good means of reliable investment.

And only a few people had seen the negative view of Litecoin as more of us still believe that Litecoin remains a potential and useful platform.
I'm one of those thousands who use and spend money on Litecoin and despite the tough market competition, I'd never lose my faith in this project. I'd base not only on the position of the project before to say it was a promising one but I look deeper and see the significance of the project for this will help to measure where it goes.

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November 30, 2022, 07:46:59 PM
Last edit: December 04, 2022, 09:21:35 PM by ajochems
 #56

Litecoin was reached more then expected now. It better to buy some litecoin when the market is dump. Litecoin is purely depends on the price of bitcoin, So when the price of bitcoin reduced. Don’t hesitated to buys some  litecoin. Because when the price of bitcoin get his pump market, you can easily get minimum profit of 10-15$. Getting 10-15$ from the investment of 100$ is nearly 10 percentage of profit. Which is hard one for the trading in the bear market to the most of the trusted stable altcoin in the market.



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December 01, 2022, 07:52:15 AM
 #57

Litecoin has always been one of my favourite cryptos. It was the first crypto after Bitcoin, and it was the third crypto I mined first.
 
Nowadays, I do not mine cryptos any more, but I'm still hoarding Litecoin as I believe I will still make 10x or plus more than what I have invested. After Bitcoin, for me, it is the best.
 
So, how many of you still believe in Litecoin and think we will still see it go past the $500 mark again?
I have lost my interest in litecoin years ago , when i first learn and invest in crypto ? it is litecoin that i first bought and hold , i kept the coins for another year but instead of gaining? i lost so much from this so now i take this out for my choices in investing and transfer my faith in other coins.
so it is clear that I am not a believer of this coin anymore .
Litecoin was reached more then expected now.It better to buy some litecoin when the market is dump.Litecoin is purely depends on the price of bitcoin, So when the price of bitcoin reduced.Don’t hesitated to buys some  litecoin.Because when the price of bitcoin get his pump market,you can easily get minimum profit of 10-15$. Getting 10-15$ from the investment of 100$ is nearly 10 percentage of profit.
but having so bad years? I am afraid if there is another good thing coming from this coin.









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virasisog
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December 01, 2022, 04:25:06 PM
 #58

$500 is too high but I don't disregard the fact that Litecoin is really one of the best potential coins. It will be hard for Litecoin to reach that price but somehow I believe that it can reach $100 when the bull market approaches.
I'm a long time believer of Litecoin and that's also the reason why I have been using it in most transactions even in gambling.
Some people might look down on it because of the current market situation but we all know how Litecoin could reach its best potential. I'm sure that it could reach better when the market recovers.
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December 01, 2022, 04:51:49 PM
 #59

Litecoin will surely bring out something good that will make their investors happy like never before by pumping high in this month of December to allow investors to earn well from both long term and short term investment. I believe, Litecoin price will improve soon to remain stable for a while for those that thought Litecoin is dead to see people celebrating a massive profits from their Litecoin investment.

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December 01, 2022, 04:59:48 PM
 #60

$500 is too high but I don't disregard the fact that Litecoin is really one of the best potential coins. It will be hard for Litecoin to reach that price but somehow I believe that it can reach $100 when the bull market approaches.
I'm a long time believer of Litecoin and that's also the reason why I have been using it in most transactions even in gambling.
Some people might look down on it because of the current market situation but we all know how Litecoin could reach its best potential. I'm sure that it could reach better when the market recovers.

$5 million worth of LTC [1] was withdrawn from binance yesterday. This is a very large ampunt of money. If the whales have started withdrawing their assets from the exchange, there is a possibility that a bullish period will begin soon. Of course this must also be balanced with the fundamentals of bitcoin, if we are getting negative fundamental, i think LTC can be more dip. (for those who are new to LTC), With the price below $100, and the current market conditions is very bad, LTC price drops are normal, no need to worry.

Source:
1. https://newsbtc.com/news/litecoin/litecoin-whale-withdraws-65-5m-ltc-binance-bullish/

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