Is litecoin still a good investment

[CucakRowo]

So, investing in litecoin and stable coins in altcoins can be good.

Sorry, are you aware of what you’ve typed, mate?

That might be true if the other option were Litecoin (LTC), but for stablecoins? I don’t think stablecoins are meant for investment, LOL. If I had the chance to invest in another PoW coin, I don’t think I would choose Litecoin (LTC), lately I’ve noticed quite a bit of hype surrounding Monero (XMR).

I really hope that was just a typo. If not, that's the worst investment advice I've ever heard. and I've heard plenty. hahaa.

As for which alt to pick, I reckon everyone should DYOR and choose based on their own criteria.

Don't ape in just because someone else said so, everybody's criteria and risk appetite are different.

Take me, other than Btc I'm not into any other Pow coins since I do not see much upside left in them. Hehe.

That doesn't mean they can't pump, they just don't fit my investment thesis.

[JaanusRaim]

If you do not go for the Jackpot, Litecoin could be the best conservative investment in the long term (with a ten-year horizon), carrying a relatively low level of risk - no Black Swan needed (its price relates to BTC price 1:400 now but value about 1:30).
However, I would prefer to start with DCA for now, and make a larger one-off investment once the stock market bubble has already burst. In this case, an average purchase price of $10 per LTC is a realistic goal.

[DanWalker]

If you do not go for the Jackpot, Litecoin could be the best conservative investment in the long term (with a ten-year horizon), carrying a relatively low level of risk - no Black Swan needed (its price relates to BTC price 1:400 now but value about 1:30).
However, I would prefer to start with DCA for now, and make a larger one-off investment once the stock market bubble has already burst. In this case, an average purchase price of $10 per LTC is a realistic goal.

An altcoin making it past the 10 year mark doesn't mean it'll last another 10 or longer.

Everyone's entitled to their view but imo betting on altcoins for the long haul is a pretty unwise move, especially over a 10 year horizon like you mentioned.
LTC may seem more reliable than other altcoins. But that doesn't make it a safe investment or mean it has much upside going forward. A coin's longevity is no guarantee of return. Do not mistake an older coin for one worth holding for next 10 year.

[BigTarget]

So, investing in litecoin and stable coins in altcoins can be good.

Sorry, are you aware of what you’ve typed, mate?

That might be true if the other option were Litecoin (LTC), but for stablecoins? I don’t think stablecoins are meant for investment, LOL. If I had the chance to invest in another PoW coin, I don’t think I would choose Litecoin (LTC), lately I’ve noticed quite a bit of hype surrounding Monero (XMR).

I really hope that was just a typo. If not, that's the worst investment advice I've ever heard. and I've heard plenty. hahaa.

As for which alt to pick, I reckon everyone should DYOR and choose based on their own criteria.

Don't ape in just because someone else said so, everybody's criteria and risk appetite are different.

Take me, other than Btc I'm not into any other Pow coins since I do not see much upside left in them. Hehe.

That doesn't mean they can't pump, they just don't fit my investment thesis.

I think when he said investing in stable coins, he meant using stable coins to invest in litecoin. That is the far most explanation I can think about. If not, investing in stable coins is foolishness and should be stopped immediately. Yes stablecoins like USDT give us some profit earning gap if we become a P2P merchant but can't be treated as a long term investment. Price is always going to stay in that range so how can anyone expect to make profits in long run from these stable coins?

And a lot of users now have similar thesis including me. I just do not find LTC fit for my portfolio so I prefer to stick out. I did have LTC in my bucket for a long time but the profits kind of disappointed me so I decided to kick it out of my portfolio.

[d5000]

One day someone had the idea of exploiting that behavior to make profit from the "gamblers". So they first  created a platform that allowed easy production of useless tokens that gamblers could make bets on their price and secondly they designed that platform in a way that these gamblers needed to buy that platforms main token (ie. ether) to be able to bet on those tokens therefore creating an artificial utility for their own useless shitcoin.

I agree that this was the outcome, but I think there are actually a lot of legitimate uses of tokens. (Not on the Bitcoin main blockchain, in my opinion.) ICOs started with the promise to "democratize" credit / loans. Everybody could give out a token and take a "decentralized type of loan" to fund their business. In theory it is a way to decentralize banking.

In theory Because of course that led to many scammers exploiting that mechanism and that's why ICOs and tokens in general today have a very bad reputation, and most of them only cater to "gamblers" as you call them.

I still think tokens are a technology with a lot of potential, what is needed is a better trust ecosystem. Tokenomics of major tokens and altcoins are a disaster. If a "better standard" could emerge eventually, we may see decentralized banking flourish some day.

As a side note, one does not need smart contracts to create tokens. There are much simpler mechanisms like colored coins. I'd actually like LTC to be used as a token platform for "serious" tokens. (There is Litecoin Ordinals but Ordinals is generally a crappy platform, there are way better mechanisms for tokens than that. RGB would be an idea, but afaik it still isn't supported on LTC. There seems also to be an Omni port, OmniLite.)

[henmark]

If you do not go for the Jackpot, Litecoin could be the best conservative investment in the long term (with a ten-year horizon), carrying a relatively low level of risk - no Black Swan needed (its price relates to BTC price 1:400 now but value about 1:30).
However, I would prefer to start with DCA for now, and make a larger one-off investment once the stock market bubble has already burst. In this case, an average purchase price of $10 per LTC is a realistic goal.

If I would still want to invest in LTC, I will make sure I invest less than 1% of my total portfolio. I will still invest in it because it is one of the oldest crypto and I think it will still be into existence for another few decades. Users sentiments are connected with LTC so it is not here to disappear but the growth will be pretty slow as compared to other coins like ETH, BNB, etc. I think that is why people now prefer investing in BNB, ETH instead of LTC.

I used to love LTC for lightning fast confirmations and lowest transaction fees. I used to use LTC to make a few purchases online on platforms accepting cryptos but now LTC is replaced either with BNB or USDT.

[Odusko]

If you do not go for the Jackpot, Litecoin could be the best conservative investment in the long term (with a ten-year horizon), carrying a relatively low level of risk - no Black Swan needed (its price relates to BTC price 1:400 now but value about 1:30).
However, I would prefer to start with DCA for now, and make a larger one-off investment once the stock market bubble has already burst. In this case, an average purchase price of $10 per LTC is a realistic goal.

An altcoin making it past the 10 year mark doesn't mean it'll last another 10 or longer.

Everyone's entitled to their view but imo betting on altcoins for the long haul is a pretty unwise move, especially over a 10 year horizon like you mentioned.
LTC may seem more reliable than other altcoins. But that doesn't make it a safe investment or mean it has much upside going forward. A coin's longevity is no guarantee of return. Do not mistake an older coin for one worth holding for next 10 year.

Some coins becoming more in usable and unpopular the more the last in the market, mostly those coins that hard their market crashed sometimes ago but failed to be able to recover, and also struggled for multiple times since then to reclaim their presence in the market and this what have been their major setback.

For such reality you should not make the mistake of thinking that because a coin have stayed in the market for a long period of time means the coin is potential to be held for long term investments.

[tbterryboy]

An altcoin making it past the 10 year mark doesn't mean it'll last another 10 or longer.

Everyone's entitled to their view but imo betting on altcoins for the long haul is a pretty unwise move, especially over a 10 year horizon like you mentioned.
LTC may seem more reliable than other altcoins. But that doesn't make it a safe investment or mean it has much upside going forward. A coin's longevity is no guarantee of return. Do not mistake an older coin for one worth holding for next 10 year.

It does mean that LTC already had a long run and now as the demand is depreciating, LTC might soon move out of portfolios. That would not be good for LTC's future. I do not look at LTC as a 10 year investment because I can invest that money in a few other coins including bitcoin which really has a future according to me. I do not find any strong use case for LTC now because most of the functionalities are advanced by other coins which have higher demand.

LTC was one of my favourite but I have almost forgotten when was the last time I actually used LTC. I don't even have it in my portfolio now(might have some dust but that's it).

[Oshio-man]

Litecoin has dropped around 13% in this October which shows a down trend and  it makes me think twice before investing in it. Someone can feel free to invest but being a reliable old coin doesn't always mean it will always bring us good returns.

Don't forget that some altcoin investors made little income from Litecoin investment before the market begin to change to enter the month of October, even though you don't want to invest huge amount of funds in the altcoin, you can use little funds to purchase the Litecoin you can afford to lose because we know that altcoins season can come in a surprise way to create opportunity that will make other investors to add altcoins to their investment, Litecoin has caused a lot of investors to embrace good results from Litecoin but it doesn't mean other people will not going to invest in Litecoin again because they have good team that will make the coin to favour their investors in the future.

[Abiky]

It does mean that LTC already had a long run and now as the demand is depreciating, LTC might soon move out of portfolios. That would not be good for LTC's future. I do not look at LTC as a 10 year investment because I can invest that money in a few other coins including bitcoin which really has a future according to me. I do not find any strong use case for LTC now because most of the functionalities are advanced by other coins which have higher demand.

LTC was one of my favourite but I have almost forgotten when was the last time I actually used LTC. I don't even have it in my portfolio now(might have some dust but that's it).

You'd invest into Litecoin if you care about decentralization + censorship-resistance. Most of the coins you see with shiny-new features are often unreliable. Like Solana which was often a victim of network outages. When you buy LTC, you're buying a coin that not only focuses on speed and cost-efficiency, but also on security and reliability.

Litecoin is like a "better" version of Bitcoin. Fast, cheap, but without compromising on decentralization. It has a scarce supply, too. Only 84 million coins will ever be mined. I don't see added scarcity on ETH, SOL, or any of the other overhyped cryptos. I guess that's what has kept Litecoin alive so far. Development is still on-going, so I wouldn't expect LTC to die anytime soon. Just my two sats.

[trendcoin]

Is Litecoin still a good investment? Litecoin has been an Altcoin for ages and is reliable in sending cheap transaction.
Litecoin is like Silver and Bitcoin is Gold.
Is Litecoin still a good Investment?

Litecoin once achieved a very significant position in the cryptocurrency market thanks to what it did, but today there are thousands of altcoins that can do what it does and even do it better. That’s why Litecoin isn’t an attractive option for me. And it will likely be the same for the rest of the market as well. Bitcoin has established itself as a store of value, much like gold, but I’m not sure we really need “silver” in the cryptocurrency world. Silver is a tangible asset in the real world that we cannot destroy or deny. I don’t know if there’s a need to assign such value to the cryptocurrency world. This seems more like cheap propaganda...

[DanWalker]

You'd invest into Litecoin if you care about decentralization + censorship-resistance. Most of the coins you see with shiny-new features are often unreliable. Like Solana which was often a victim of network outages. When you buy LTC, you're buying a coin that not only focuses on speed and cost-efficiency, but also on security and reliability.

Litecoin is like a "better" version of Bitcoin. Fast, cheap, but without compromising on decentralization. It has a scarce supply, too. Only 84 million coins will ever be mined. I don't see added scarcity on ETH, SOL, or any of the other overhyped cryptos. I guess that's what has kept Litecoin alive so far. Development is still on-going, so I wouldn't expect LTC to die anytime soon. Just my two sats.

Iirc, the last network outage on Sol was in Feb 2024 and it lasted about 5 hour. Since then there is barely been any incident. SOL has also come a long way compared to previous years.

If decentralization and censorship resistance are what you care about, why not just stick with BTC? Isn't it better and safer than LTC?

If you ask me, anyone looking to invest in alts is after return, nothing else. So ETH and SOL are way better picks than LTC.

[Abiky]

Iirc, the last network outage on Sol was in Feb 2024 and it lasted about 5 hour. Since then there is barely been any incident. SOL has also come a long way compared to previous years.

If decentralization and censorship resistance are what you care about, why not just stick with BTC? Isn't it better and safer than LTC?

If you ask me, anyone looking to invest in alts is after return, nothing else. So ETH and SOL are way better picks than LTC.

Bitcoin is undeniably the best option when it comes to decentralization and censorship-resistance. But among altcoins, LTC is often considered one of the best (if not the best) decentralized cryptocurrencies on the market after Bitcoin. This means, no other crypto outmatches Litecoin's level of security and reliability. It's a tried-and-tested blockchain, with speed and cost-efficiency as an added bonus. Litecoin is private (with the optional Mimblewimble privacy feature) and scarce.

Solana's network outages might have subsided for now. But that doesn't mean it won't happen again in the future. For what I know, Solana is still an experimental network. It's faster and cheaper than LTC, but it's also less-decentralized. Litecoin takes the good stuff of Bitcoin, along with the speed and cost-efficiency of popular altcoins. Unfortunately, its marketing/PR strategy has failed as other coins are in the spotlight. Without awareness, LTC would simply be left behind in the dust. At least, the core LTC blockchain network is functional. What more can we ask?

[Jostern]

Is Litecoin still a good investment? Litecoin has been an Altcoin for ages and is reliable in sending cheap transaction.
Litecoin is like Silver and Bitcoin is Gold.
Is Litecoin still a good Investment?

Litecoin once achieved a very significant position in the cryptocurrency market thanks to what it did, but today there are thousands of altcoins that can do what it does and even do it better. That’s why Litecoin isn’t an attractive option for me. And it will likely be the same for the rest of the market as well. Bitcoin has established itself as a store of value, much like gold, but I’m not sure we really need “silver” in the cryptocurrency world. Silver is a tangible asset in the real world that we cannot destroy or deny. I don’t know if there’s a need to assign such value to the cryptocurrency world. This seems more like cheap propaganda...

Its true there was a certain time when Litecoin was making waves in the crypto market, but I will assume not anymore, when you look at the cryptocurrency markets there are multiple altcoins that are making waves more than litecoin so the question is what do you plan to achieve with litecoin, well for someone who wants to buy litecoin because they’re interested in buying litecoin I think buying below 40$ dollars would be okay instead of spending so much money to buy litecoin, but this litecoin isn’t for long term which is why you also have to be careful about your approach on litecoin.

[arwin100]

Iirc, the last network outage on Sol was in Feb 2024 and it lasted about 5 hour. Since then there is barely been any incident. SOL has also come a long way compared to previous years.

If decentralization and censorship resistance are what you care about, why not just stick with BTC? Isn't it better and safer than LTC?

If you ask me, anyone looking to invest in alts is after return, nothing else. So ETH and SOL are way better picks than LTC.

Bitcoin is undeniably the best option when it comes to decentralization and censorship-resistance. But among altcoins, LTC is often considered one of the best (if not the best) decentralized cryptocurrencies on the market after Bitcoin. This means, no other crypto outmatches Litecoin's level of security and reliability. It's a tried-and-tested blockchain, with speed and cost-efficiency as an added bonus. Litecoin is private (with the optional Mimblewimble privacy feature) and scarce.

There are several people downplay the Litecoin and think its just a stagnant coin exist in the market. But if they pay close attention on how useful it is, they could probably say that same with Bitcoin, Litecoin is actually good asset to have.

Although we have seen the price of it drop so bad and to far from its past ATH, but still I think this coin still good coin to hold.

It still have more bigger chance compare with other shitcoin to pump, once bullrun season hits the market.

[DanWalker]

Bitcoin is undeniably the best option when it comes to decentralization and censorship-resistance. But among altcoins, LTC is often considered one of the best (if not the best) decentralized cryptocurrencies on the market after Bitcoin. This means, no other crypto outmatches Litecoin's level of security and reliability. It's a tried-and-tested blockchain, with speed and cost-efficiency as an added bonus. Litecoin is private (with the optional Mimblewimble privacy feature) and scarce.

There are several people downplay the Litecoin and think its just a stagnant coin exist in the market. But if they pay close attention on how useful it is, they could probably say that same with Bitcoin, Litecoin is actually good asset to have.

Although we have seen the price of it drop so bad and to far from its past ATH, but still I think this coin still good coin to hold.

It still have more bigger chance compare with other shitcoin to pump, once bullrun season hits the market.

I'm not denying that ltc is a good alt to use. Low transaction fee, and fast transfer and decentralization...all good thing. But coin being good to use does not automatically make it good investment.

For investor, it's not just about how useful the network is. It's also about whether demand to buy and hold coin is actually growing.

Utility and profit potential are 2 different stories, mate.