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Litecoin Forum / Re: Now is the best time to purchase Litecoin.?
« on: May 13, 2024, 02:18:10 PM »I respect your prediction mate because of course that is your funds and its you that will either benefits or lose in this investment but yeah for me i am still not believing to invest in litecoin instead to choose other altcoins investment because my LTC belief has long gone now.However, we don't know what the future holds for Litecoin in the coming bull run. My exaggeration can be wrong or right towards Litecoin to see a new ATH in the bull run but that's not the case. The case is how did you invest in crypto coins. Is it with your spare money or emergency money? The mistake most make is to have any investment in a coin without having a diversified investment.Litecoin has been one of the best currency when i entered crypto world but suddenly it falls year after and leaving the rank number 3 on that so i think even how you trust and respect the coin but when this isnot bringing you any goodprofit then? why continue to invest as there are other currency that we can use to help us grow in sooner thing.Litecoin is a potential coin, and everyone has their own predictions and beliefs. because of course the risk is borne individually. If you believe in the potential for Litecoin to reach a price higher than ATH, hold your Litecoin.
The reason why I predicted the price of Litecoin to reach $600-$1000k is because the last bull run skyrocketed Litecoin to a price of $412. However, it is possible to assume that Litecoin could give a price above its last ATH since it is believed that each bull run gives a new ATH above its previous ones. It is understandable for one to expect a higher price of Litecoin when bitcoin skyrockets to $100k above.
It is your choice if you want to sell your Litecoin at $200, as for me, I am selling when Litecoin has gone higher than its previous ATH. I believe it will soon. The $81 it is currently, will be a thing of the past
I may have the belief that Litecoin will go above the previous ATH but that's not the only coin I am looking to for that. If it later happened that Litecoin didn't soar as expected, fine and good, I will take it as one of the experiences one gats to experience in crypto that you can't foresee the future of a coin