Your thoughts on the impending Litecoin Halving?

[Vivageneviv]

The Litecoin halving is an event where the block reward for mining Litecoin is cut in half. This happens roughly every 4 years for Litecoin, in a similar fashion to Bitcoin with the goal of controlling the supply of Litecoin—making it more scarce over time and potentially leading to LTC price appreciation after the halving event.

The last Litecoin halving occurred in August 2019. The next halving is slated to happen on 2nd August 2023. Typically, there’s volatility and uncertainty surrounding halving events as investors speculate on the impact to  supply and price. However, the effects of a halving generally play out over months and years after the event itself.

While the effects of halving are not always immediate, most traders are already exploring various means to accumulate LTC, leading to the increased demand of the token and LTC giveaway events like the one on Bitget, for instance. Leading to the question— Do you see a bullish trend as a result of the coming halving event?

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[Cryptoababe]

Hopefully, Market will pump before and After this Halving. Although, I know Bull market is usually stronger after Bitcoin Halving but might be different this time.
Also, if there is any crypto event for the Halving on Bitget. Im definitely gonna participate. So far, I have nothing to lose.

[goaldigger]

This could be a different halving for LTC and we might see a pump since the market is getting better though of its not it is still fine since the usual effect starts after the halving period. I also have some LTC in my wallet since I also prepared for the halving because of anticipation for the price pump, this could be an easy profit for me and I’m confident for LTC, this is still a good coin and a good project.

[_BlackStar]

Leading to the question— Do you see a bullish trend as a result of the coming halving event?

It is likely that the situation will be the same as with the bitcoin halving - bulls will follow with time. Just like you said - the impact won't be immediate, but it might take a lot of time to see the progress. After all the price of LTC is also affected by rising bitcoin prices - so it will still have something to do with it instead of just the LTC halving itself.

If you believe LTC is very likely to be in a bull market after next year's halving - then take your chance now just like you took your chance with bitcoin. LTC can also earn you returns - but do so at your own risk.

[Wexnident]

Not expecting much. It honestly seems like the boom of the 2020-2021 ish of Litecoin was due to the pandemic, and people were stumbling into crypto and a lot of people with money started investing in it. The 2016 one was well, a coin with an ideology having its first investors so naturally price would bump. I might be wrong with my first assumption but then that would mean that it would take more than a year, maybe two even before we see any pumps that could bring in profit.

I'd suppose if you have the money you can start hodling now, if not, maybe wait a year after the halving and then decide.

[Bolivar_Tony]

The Litecoin halving is an event where the block reward for mining Litecoin is cut in half. This happens roughly every 4 years for Litecoin, in a similar fashion to Bitcoin with the goal of controlling the supply of Litecoin—making it more scarce over time and potentially leading to LTC price appreciation after the halving event.

The last Litecoin halving occurred in August 2019. The next halving is slated to happen on 2nd August 2023. Typically, there’s volatility and uncertainty surrounding halving events as investors speculate on the impact to  supply and price. However, the effects of a halving generally play out over months and years after the event itself.

While the effects of halving are not always immediate, most traders are already exploring various means to accumulate LTC, leading to the increased demand of the token and LTC giveaway events like the one on Bitget, for instance. Leading to the question— Do you see a bullish trend as a result of the coming halving event?

In my own opinion i think half is a welcome idea and development, it's basically use for price control and making sure the coins price remains stable, So we wait for the halving and see the impact it will make.
My question to the pros in the house, is it a good call to bag some LTC

[Mehedi72]

Halving during bear market will be less effective but August is coming soon and meanwhile we are  experiencing a little bit waves of bull market which can makes us optimistic about litecoin. Although each and everytime we shouldn’t expect immediate effect of havling as it also depends on market condition as well as bitcoin rally. But hope It'll give its investor good amount of benefit

[disconnectme]

The recent performance of Litecoin halving after the date do not encourage one to hold the tokens after the halving event, you might buy back after the correction has taken place. The hype around Litecoin halving is not hge as compared to Bitcoin halving and even when you look at Bitcoin halving the price mostly dumped on the day of the halving. Just look at the past performance to guide your investment thesis

[Vivageneviv]

Not expecting much. It honestly seems like the boom of the 2020-2021 ish of Litecoin was due to the pandemic, and people were stumbling into crypto and a lot of people with money started investing in it. The 2016 one was well, a coin with an ideology having its first investors so naturally price would bump. I might be wrong with my first assumption but then that would mean that it would take more than a year, maybe two even before we see any pumps that could bring in profit.

I'd suppose if you have the money you can start hodling now, if not, maybe wait a year after the halving and then decide.

Good contribution, I'd always imagined that the impact of LTC halving might take a while to significantly boost the price, and I'm cautiously trading considering the volatility triggered by the speculation.

I think hodling is cool but like you said it requires funds and my budget is a bit constricted at the moment lol. I'm rather exploring rewarding LTC halving events like the one on Bitget since it is risk-free and can help one accumulate which is a smarter decision if you ask me instead of anticipating a quick LTC price surge, or what do you think?

[fzkto]

This could be a different halving for LTC and we might see a pump since the market is getting better though of its not it is still fine since the usual effect starts after the halving period. I also have some LTC in my wallet since I also prepared for the halving because of anticipation for the price pump, this could be an easy profit for me and I’m confident for LTC, this is still a good coin and a good project.

I'm not sure about ltc being able to pump because of halving. With all due respect to this coin, it's just an altcoin. It probably can't grow much if the rest of the market doesn't grow. Yes, halving may affect the price short term, but globally I don't think anything will change much. It takes altseason for ltc to finally grow well.

[_BlackStar]

-snip-

I'm not sure about ltc being able to pump because of halving. With all due respect to this coin, it's just an altcoin. It probably can't grow much if the rest of the market doesn't grow. Yes, halving may affect the price short term, but globally I don't think anything will change much. It takes altseason for ltc to finally grow well.

Halvings don't affect prices significantly in the short term - but they can affect prices in the long term. LTC is a great altcoin to consider as a long term investment asset alongside bitcoin and a few other assets - but of course you should consider this at your own risk.

I tend to suggest you diversify instead of 100% on LTC - but it's up to you if you can manage your own risk. In fact LTC is just an asset that fluctuates based on supply and demand - it also allows its investors to earn returns.

[livingfree]

I do not see people that are too optimistic with Litecoin halving. Despite that this is one of the oldest altcoins and blockchains ever, it seems that the halving that happens for Litecoin don't get a lot of attention.

One reason could be is that everyone is focused to Bitcoin's halving only.

Second could be that it's main developer have abandoned it long time ago and those communities that were aware of it has lost enthusiasm towards it.

[Abiky]

The Litecoin halving is an event where the block reward for mining Litecoin is cut in half. This happens roughly every 4 years for Litecoin, in a similar fashion to Bitcoin with the goal of controlling the supply of Litecoin—making it more scarce over time and potentially leading to LTC price appreciation after the halving event.

The last Litecoin halving occurred in August 2019. The next halving is slated to happen on 2nd August 2023. Typically, there’s volatility and uncertainty surrounding halving events as investors speculate on the impact to  supply and price. However, the effects of a halving generally play out over months and years after the event itself.

While the effects of halving are not always immediate, most traders are already exploring various means to accumulate LTC, leading to the increased demand of the token and LTC giveaway events like the one on Bitget, for instance. Leading to the question— Do you see a bullish trend as a result of the coming halving event?

Yes. I believe LTC will be on a bullish trend due to the halving. The effects will be short-lived due to the fact that other coins have better features and are often well-marketed by the team. Past market price performance shows us how LTC goes up and then remains stagnant for a long period of time. Only a bullish BTC will be able to add momentum to LTC's price.

If you haven't bought LTC before the halving, I'd suggest you wait until the hype comes to an end. Only then, you'll be able to buy LTC at a discount. Who knows where LTC will be after the next halving event? Just my thoughts

[hugeblack]

Almost this topic has been discussed extensively in this forum and there are more than 10 topics that you will find if you use the search feature.

Litecoin halving derived its value from the fact that it is similar to Bitcoin halving, but with a little comparison between the charts, you will find a big difference between them, as Litecoin halving does not carry any fundamental change in the price, just as happens with Bitcoin, even if we assume that they are similar, this change needs several months after halving, and then we may see the effect in the first quarter of 2024 and not August of this year.

The price of Litecoin follows the price of Bitcoin, and with the difficulty of breaking the level of 31,000 USD, it is likely that we will not see a change in the price of Bitcoin during the next 60 days, which means that the price of Litecoin will not change much during the next 60 days.

[Jating]

The Litecoin halving is an event where the block reward for mining Litecoin is cut in half. This happens roughly every 4 years for Litecoin, in a similar fashion to Bitcoin with the goal of controlling the supply of Litecoin—making it more scarce over time and potentially leading to LTC price appreciation after the halving event.

The last Litecoin halving occurred in August 2019. The next halving is slated to happen on 2nd August 2023. Typically, there’s volatility and uncertainty surrounding halving events as investors speculate on the impact to  supply and price. However, the effects of a halving generally play out over months and years after the event itself.

While the effects of halving are not always immediate, most traders are already exploring various means to accumulate LTC, leading to the increased demand of the token and LTC giveaway events like the one on Bitget, for instance. Leading to the question— Do you see a bullish trend as a result of the coming halving event?

We all know that LTC is like a small brother to BTC, and it is even touted as a guinea pig. But in any case, I think LTC will continue to have demand and success in the altcoin market.

After all, it still remain as one of the solid altcoins that we have so for sure I'm still seeing some good price after the halving. So best of luck to those holders though, I don't have LTC in my portfolio. Not that I don't see the potential, but I'm more of a BTC person.

[Apocollapse]

Almost this topic has been discussed extensively in this forum and there are more than 10 topics that you will find if you use the search feature.

Lol, I already use search engine, but it's still 6 topics including this one, maybe 4 more topics would be created when it get closer to the halving date.

1. Litecoin halving next month - worth investing?
2. Only 89 days left for Litecoin Halving event!
3. If Bitcoin hits $ 100,000 after halving, Litecoin may be worth $ 3,000 based on analysis
4. Litecoin's comeback
5. Is the upcoming LTC halving a market mirage?

Many people are expect Litecoin's halving will have a same effect like Bitcoin's halving, while the reality Litecoin's halving has no effect for the Litecoin, Bitcoin's halving do give effect to Bitcoin and other altcoins.

[Vivageneviv]

This could be a different halving for LTC and we might see a pump since the market is getting better though of its not it is still fine since the usual effect starts after the halving period. I also have some LTC in my wallet since I also prepared for the halving because of anticipation for the price pump, this could be an easy profit for me and I’m confident for LTC, this is still a good coin and a good project.

You wanna share how you are preparing for the halving? maybe I can add a few tricks to my approach,  are you participating in Pre-halving events?

[Abiky]

Almost this topic has been discussed extensively in this forum and there are more than 10 topics that you will find if you use the search feature.

Litecoin halving derived its value from the fact that it is similar to Bitcoin halving, but with a little comparison between the charts, you will find a big difference between them, as Litecoin halving does not carry any fundamental change in the price, just as happens with Bitcoin, even if we assume that they are similar, this change needs several months after halving, and then we may see the effect in the first quarter of 2024 and not August of this year.

The price of Litecoin follows the price of Bitcoin, and with the difficulty of breaking the level of 31,000 USD, it is likely that we will not see a change in the price of Bitcoin during the next 60 days, which means that the price of Litecoin will not change much during the next 60 days.

As I've said before, there's a lot of hype surrounding the LTC block reward halving. The craze is not going away soon. We should expect market prices to rise, especially when mainstream media have been promoting the event like crazy. For long-term holders of LTC like me, this is certainly good news. But those who want to get in now, may have to wait until this is all over. Otherwise, they'll be buying LTC at a high price.

I hope this upcoming halving event will solidify the cryptocurrency's position on the market. Maybe developers will become interested in building applications on top of the LTC blockchain once demand grows at a non-stop rate? We really need LTC to be among the top 5 coins in market cap. It's a tried-and-tested blockchain network that's almost as good as Bitcoin. Who knows if LTC is close to being valued at $1k per coin? Just my thoughts

[hugeblack]

As I've said before, there's a lot of hype surrounding the LTC block reward halving. The craze is not going away soon. We should expect market prices to rise, especially when mainstream media have been promoting the event like crazy. For long-term holders of LTC like me, this is certainly good news. But those who want to get in now, may have to wait until this is all over. Otherwise, they'll be buying LTC at a high price.

As it has been discussed several times, supply is not the only factor to move the price sometimes, even if the supply is limited, the price will remain constant. Therefore, LTC block reward halving is a variable in supply, not demand.
Demand may increase in the short term, but I bet it will not last for more than 6 months, and then halving will not have an effect.

Many people are expect Litecoin's halving will have a same effect like Bitcoin's halving, while the reality Litecoin's halving has no effect for the Litecoin, Bitcoin's halving do give effect to Bitcoin and other altcoins.

I expect there will be more topics over the next month. will try to report it

[justdimin]

Lol, I already use search engine, but it's still 6 topics including this one, maybe 4 more topics would be created when it get closer to the halving date.

1. Litecoin halving next month - worth investing?
2. Only 89 days left for Litecoin Halving event!
3. If Bitcoin hits $ 100,000 after halving, Litecoin may be worth $ 3,000 based on analysis
4. Litecoin's comeback
5. Is the upcoming LTC halving a market mirage?

Many people are expect Litecoin's halving will have a same effect like Bitcoin's halving, while the reality Litecoin's halving has no effect for the Litecoin, Bitcoin's halving do give effect to Bitcoin and other altcoins.

I guess it's about the hype and people are just way too hype to make a search and they come here and write the topic on their mind. I can't say if that's a good thing for litecoin or a bad thing. I mean this isn't really shilling considering litecoin doesn't need that, but it also looks like there are hyped weaker hands as well sometimes.

In any case, we can see from here that there are a lot of people who are super excited for it and they can't wait for it to start already. I believe I could be one of them, I mean not this much of course but I do like to see the halving as well, not starting the 7th topic for it lol, but definitely invested some of my money already and waiting for it to start going up.