Is Litecoin A Good Investment?

Discussion in 'Litecoin (LTC)' started by squadus, Nov 22, 2018.

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  1. squadus

    squadus Contributor

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    #1 squadus, Nov 22, 2018
    Last edited by a moderator: Nov 22, 2018
    Litecoin may be the silver to Bitcoin's gold, however, it is technologically superior to its elder cousin. Litecoin possesses faster transaction speeds, cheaper fees, and a more efficient mining system. Overall, Litecoin is priced accordingly and seems to be quite inexpensive at the moment. It seems like a great investment considering it can easily 2x or 3x its investment within a few years.

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  2. Dushyant Yadav

    Dushyant Yadav Contributor

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    The coin was introduced as the silver to Bitcoin’s gold, and the digital currency would fix many of Bitcoin’s problems. It's clear that Litecoin will be a powerful digital currency and yes litecoin is a good investment because of
    1. Litecoin is like Bitcoin but improved
    2. Experienced software developers behind it
    3. Cheaper and easier to mine
    4. Among the top cryptocurrencies in market cap


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  3. CryptoTC

    CryptoTC Crypto Fat Cat
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    Grooming myself between naps
    Sleeping on a couch, chair, bed, or under a table
    I sold all my litecoin in early 2018 at 9x my cost. I haven’t looked at it since.

    So is it time to rethink that? Will litecoin gain adoption? Will ANY crypto gain adoption levels high enough to support price gains besides bitcoin and maybe ether?
     

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