Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => Litecoin Forum => Topic started by: Mrbluntzy on February 04, 2024, 01:53:10 AM
-
Litecoin is a very old altcoins, considering the age of the coin , the price is supposed to be above $2000 but today the price is still $68. This makes me to have different question in my head, the transaction is cheap but why is price low? Have the developer abandoned the project? Does the project need more funding? Can I invest in the coin and have hope for good ROI in the future? I need your inputs please.
-
Litecoin is a very old altcoins, considering the age of the coin , the price is supposed to be above $2000 but today the price is still $68. This makes me to have different question in my head, the transaction is cheap but why is price low? Have the developer abandoned the project? Does the project need more funding? Can I invest in the coin and have hope for good ROI in the future? I need your inputs please.
Lite coin is an old altcoin that have been in the cryptocurrency space for a very long time. The times it has spent in the cryptocurrency space doesn’t make it to have an increase that will rise up to $2000 just yet. Even in the upcoming bull run, I don’t think litecoin will make it to $500. The highest price it can go should be between $200-$300, if you’re investing in the this coin now, just know that you’ll have to hold it for the long term, you’ll get your ROI but shouldn’t expect more than 4-5x from its current price it is now. Do your research and invest judiciously.
-
Litecoin is a very old altcoins, considering the age of the coin , the price is supposed to be above $2000 but today the price is still $68. This makes me to have different question in my head, the transaction is cheap but why is price low? Have the developer abandoned the project? Does the project need more funding? Can I invest in the coin and have hope for good ROI in the future? I need your inputs please.
I have more faith in doge. this does not mean I am telling you buy doge over LTC.
I hold more doge than LTC
-
Litecoin is a very old altcoins, considering the age of the coin , the price is supposed to be above $2000 but today the price is still $68. This makes me to have different question in my head, the transaction is cheap but why is price low? Have the developer abandoned the project? Does the project need more funding? Can I invest in the coin and have hope for good ROI in the future? I need your inputs please.
not because it is an old coin meaning it should be having that huge value but I pretty remember its price back in 2017 when this is still ranking 3rd from bitcoin , and i believe those days this is the perfect coin But i'm wrong ,just like NEO it is almost dead years ago but LTC remains alive till now.
Invest in Litecoin but never put all eggs inside as you better choose other coins aside from this one.
-
Can I invest in the coin and have hope for good ROI in the future? I need your inputs please.
I feel there's a probability that you can make a profit or not. I mean, a huge profit would be possible if you bought now at $60+, and maybe the price gets between $100 and $200 during the bull market. I am not saying it's going to get to $200, but it might, and that's the reason why you should not invest more than you have to bear the loss. From my few years of experience in the cryptocurency industry, I am aware that during a bull market, the majority of coins usually increase in price, including LTC, and I feel just a tiny belief that LTC will also surge during a bull market. Note that this is not investment advice; risk what you can afford to lose.
-
Litecoin is a very old altcoins, considering the age of the coin , the price is supposed to be above $2000 but today the price is still $68. This makes me to have different question in my head, the transaction is cheap but why is price low? Have the developer abandoned the project? Does the project need more funding? Can I invest in the coin and have hope for good ROI in the future? I need your inputs please.
If I bought litecoin in 2022 or maybe at the beginning 2023. I think It's worth now. But I see litecoin didn't show good progress at crypto market. I have bought in SOL, BNB, and XRP in huge amount.
Litecoin is old coin , but I theie team seems quiet, didn't show good improvement and lack of promotion.
-
Litecoin is a very old altcoins, considering the age of the coin , the price is supposed to be above $2000 but today the price is still $68. This makes me to have different question in my head, the transaction is cheap but why is price low? Have the developer abandoned the project? Does the project need more funding? Can I invest in the coin and have hope for good ROI in the future? I need your inputs please.
I think you can invest in litecoin, It's old coin and very potential coin. But don't expect too high for this coin price . I have used this coin for transaction, yeah that's true. Litecoin fee is cheap and fast. But maybe their team didn't have good promotion for their projects. But no matter, Litecoin is still useful.
-
lItecoin ever touched ATH at $ 412 and current LTC price is $ 73, if we talk about opportunity I think litecoin has, but maybe litecoin won't touch old ATH, because seems struggling now. Although it's old coin but lack of development.
-
lItecoin ever touched ATH at $ 412 and current LTC price is $ 73, if we talk about opportunity I think litecoin has, but maybe litecoin won't touch old ATH, because seems struggling now. Although it's old coin but lack of development.
At least there is still a chance to get to a new ATH price again because to be honest Litecoin is already listed on several old exchanges so many will use Litecoin as a tool to carry out transactions between exchanges when bullish occurs and of course this will give an increase in Litecoin prices.
-
lItecoin ever touched ATH at $ 412 and current LTC price is $ 73, if we talk about opportunity I think litecoin has, but maybe litecoin won't touch old ATH, because seems struggling now. Although it's old coin but lack of development.
At least there is still a chance to get to a new ATH price again because to be honest Litecoin is already listed on several old exchanges so many will use Litecoin as a tool to carry out transactions between exchanges when bullish occurs and of course this will give an increase in Litecoin prices.
I'm not sure about new all time of Litecoin simply because it has done it's halving which is the main catalyst why I think Litecoin can still pump. Usually, what the market does is that once Bitcoin is done pumping, many of the investors remove their money from Bitcoin go to alts that has not been pump but has some speculations and news and partnerships so that it can be easier for them to create hype around such coins and if we should check Litecoin, there is no any development I can point.
I'm not going to discourage anyone but Litecoin return might not be as blossom as the OP imagine, he should buy and hold but it will be more better if he diversify the portfolio so as not to completely over depend on the coin. Even if later nothing good comes out of Litecoin, we can still have some rally from other altcoins.
-
Litecoin is a very old altcoins, considering the age of the coin , the price is supposed to be above $2000 but today the price is still $68. This makes me to have different question in my head, the transaction is cheap but why is price low? Have the developer abandoned the project? Does the project need more funding? Can I invest in the coin and have hope for good ROI in the future? I need your inputs please.
Litecoin is an old coin that is actually a good coin, but it seems like this coin is less popular than new coins today. We can buy and invest in Litecoin, but it's best not to have too much. And we use our money to buy other coins that have a better future and more potential for us to invest.
-
Litecoin is an old coin that is actually a good coin, but it seems like this coin is less popular than new coins today. We can buy and invest in Litecoin, but it's best not to have too much. And we use our money to buy other coins that have a better future and more potential for us to invest.
I invest in Litecoin. during the period of bull run this coin is always in good performance. old is golden, even though this coin is not very popular such as SOL, MATIC but litecoin still exists until now
-
LTC may gain value if there is demand for POW coin and Bitcoin transaction fees are high or after about 16 years, as the effect of the 4years cycle will be much less than now, but currently the demand for POS is higher, especially those that offer low fees.
-
Litecoin is a very old altcoins, considering the age of the coin , the price is supposed to be above $2000 but today the price is still $68. This makes me to have different question in my head, the transaction is cheap but why is price low? Have the developer abandoned the project? Does the project need more funding? Can I invest in the coin and have hope for good ROI in the future? I need your inputs please.
If I bought litecoin in 2022 or maybe at the beginning 2023. I think It's worth now. But I see litecoin didn't show good progress at crypto market. I have bought in SOL, BNB, and XRP in huge amount.
Litecoin is old coin , but I theie team seems quiet, didn't show good improvement and lack of promotion.
correct , how could be trust this Old coin when the team itself is not even showing progress and update about the coin? and knowing that this once a RANK 3rd currency but now showing nothing but stagnant price.
I was wondering why do we need to invest here when there are Solana and Binance tha tis great altcoins next to Ethereum.
-
To be candid, I can't invest in Lite coin. I can't even advice someone to do so. In 2017, lite coin was number three on the list. Since that time till now it is still struggling to reach $70. If you invest in it how are you sure it will increase up to 10% during this bull run? For some time now, the price has been stagnant. Invest wisely.
-
If not for anything I have been hearing about Litecoin for some years now even when I have never belong to the forum I used to hear about people calling litecoin and bitcoin this is to say that this coin has been a very old coin and has spent years, during my researched I noticed people has been using Litecoin for payment and its fees are very economical you don't undergo several charges like ethereum or bitcoin while using it for payment.
Most of the gambling site also make provision to withdraw with Litecoin this is to tell you that is a good project but sincerely speaking I can't give and accurate answer about becoming something mind blowing during the halving or bull run.
You can hold BTC. ETH, BNB, MATIC, DOGE these coin are in a better position to give something very huge during bull run..
Please note: this is not a financial advise and always invest on what you can afford to lose than, putting whole lot of resources in these projects.
-
Litecoin is a very old altcoins, considering the age of the coin , the price is supposed to be above $2000 but today the price is still $68. This makes me to have different question in my head, the transaction is cheap but why is price low? Have the developer abandoned the project? Does the project need more funding? Can I invest in the coin and have hope for good ROI in the future? I need your inputs please.
Litecoin is an old coin that is actually a good coin, but it seems like this coin is less popular than new coins today. We can buy and invest in Litecoin, but it's best not to have too much. And we use our money to buy other coins that have a better future and more potential for us to invest.
I think Litecoin remains very potential to buy and hold until bullish. Maybe we shouldn't expect litecoin price to touch the previous ATH of $412, but trying to set a target of $200, it's reasonable.
-
I think Litecoin remains very potential to buy and hold until bullish. Maybe we shouldn't expect litecoin price to touch the previous ATH of $412, but trying to set a target of $200, it's reasonable.
At the moment new projects are mostly on the radar because they know how to work with PR and it seems that nobody remembers Litecoin because it is very old, but I do not think that it will not grow as well as other coins. perhaps even better than some, if you are collecting a crypto-portfolio I think it is right to buy Litecoin.
-
To be candid, I can't invest in Lite coin. I can't even advice someone to do so. In 2017, lite coin was number three on the list. Since that time till now it is still struggling to reach $70. If you invest in it how are you sure it will increase up to 10% during this bull run? For some time now, the price has been stagnant. Invest wisely.
we are in the bullrun now and yet Litecoin is still struggling to reach 100$
https://coinmarketcap.com/currencies/litecoin/
actually it is not just 10% because it runs almost 20% now so you are correct if OP decided to buy that moment , lets hope he did that for better result .
-
Litecoin is a very old altcoins, considering the age of the coin , the price is supposed to be above $2000 but today the price is still $68. This makes me to have different question in my head, the transaction is cheap but why is price low? Have the developer abandoned the project? Does the project need more funding? Can I invest in the coin and have hope for good ROI in the future? I need your inputs please.
Yes, i think litecoin is worth buying because of it uses on algorithm than other cryptocurrency, its is uses a POW/proof of work.
-
Yes, i think litecoin is worth buying because of it uses on algorithm than other cryptocurrency, its is uses a POW/proof of work.
This is not a sufficient reason to invest in any coin. There are many currencies that used the POW (proof of work) algorithm, but they failed and were forgotten.
Litecoin is an old and very well-known coin. I expect it to be the second oldest coin after Bitcoin. It has its own blockchain and its fees are very low, which makes it a very good option for payment. However, the price of LTC has not grown as it deserves. I do not know exactly the reason, but it may be because of its ineffective team .
-
Litecoin is one of the oldest coin that has been out but it very cheap with low value. Demand and supply is what determines the value of a coin. Litecoin has high supply with low demand, this is why the price is not going up. I will rather invest in a coin that have value and can increase in value with time-line. Maybe I will try dogecoin, but I am only a bitcoin freak.
-
There is no problem to buy LTC for a long term investment, because over the longer term - it is very likely to see another spike with LTC.
And when the BTC transaction fees start to get expensive again and Im sure it will definitely happen again, LTC will be one of the main alternatives for small amount transactions.
Also rare to see a bad prediction for the LTC future, many suggests that there are good things ahead with this coin.
-
Litecoin is a very old altcoins, considering the age of the coin , the price is supposed to be above $2000 but today the price is still $68. This makes me to have different question in my head, the transaction is cheap but why is price low? Have the developer abandoned the project? Does the project need more funding? Can I invest in the coin and have hope for good ROI in the future? I need your inputs please.
I think that Litecoin has become unpopular because there are many new coins that are more popular and that show that they have a team that promotes them and cares about them, I would not recommend buying Litecoin, for this there are many other coins that are more profitable.
-
Litecoin is a very old altcoins, considering the age of the coin , the price is supposed to be above $2000 but today the price is still $68. This makes me to have different question in my head, the transaction is cheap but why is price low? Have the developer abandoned the project? Does the project need more funding? Can I invest in the coin and have hope for good ROI in the future? I need your inputs please.
For me I won't say you can't get a good ROI in the future, because you can't predict the future. Yes Litecoin is a very old coin considering how long it has been, but that does not mean that you can't buy it, doe there are many other popular coins that are more profitable.
My advice is, if you're buying Litecoin for now, you have to hold it for long to see if when it is on bull run it will reach up to 500$ and above...
-
Commodity Futures Trading Commission (CFTC) just announced that Litecoin is a commodity same as Bitcoin and Ethereum!
This is a good news for everyone who is hodling and using Litecoin, and price has gone up over 11% after this news.
Litecoin is a good option when bitcoin transaction fees are higher.
-
Commodity Futures Trading Commission (CFTC) just announced that Litecoin is a commodity same as Bitcoin and Ethereum!
This is a good news for everyone who is hodling and using Litecoin, and price has gone up over 11% after this news.
Litecoin is a good option when bitcoin transaction fees are higher.
Like me that have had used Litecoin from the past years specially when i was new in crypto and when the transaction fees back in 2017 really increase that high so i need to shift from bitcoin to litecoin and dogecoin transactions .
but sadly that i have leave this coin after the events when litecoin dropped from the ranking 3 lowering to that what it is now.
-
I think that Litecoin has become unpopular because there are many new coins that are more popular and that show that they have a team that promotes them and cares about them, I would not recommend buying Litecoin, for this there are many other coins that are more profitable.
The problem I have identified concerning the Litecoin project is the absence of strong community promotion. Unlike Bitcoin, Ethereum, and a few others that have impressive community members who have chosen to adopt the coin of their choice and also promote it as individuals, Litecoin lacks this to some extent. I think the project founder needs to look into this key area (promotion) and maybe find a solution to it, but this solution won't come for free as some Litecoin needs to be distributed to community members as a way of promotion.
Commodity Futures Trading Commission (CFTC) just announced that Litecoin is a commodity same as Bitcoin and Ethereum!
This is a good news for everyone who is hodling and using Litecoin, and price has gone up over 11% after this news.
Litecoin is a good option when bitcoin transaction fees are higher.
I think this is a key area where Litecoin can be distinguished from the others. Fast and low transaction fees are what everyone would want to look out for. Becoming a commodity should be an open door for mass adoption if there is moderate community promotion. I might be getting myself few Ltc during a long-term downtrend. Let's see how it goes.
-
Like me that have had used Litecoin from the past years specially when i was new in crypto and when the transaction fees back in 2017 really increase that high so i need to shift from bitcoin to litecoin and dogecoin transactions .
but sadly that i have leave this coin after the events when litecoin dropped from the ranking 3 lowering to that what it is now.
Currently, many new projects have been created and Litecoin or Dogecoin is no longer of interest to many people. To carry out transactions easily, they usually now use meme coins which can be created easily and have fairly cheap transaction costs, so Litecoin can now be said to be doesn't have a lot of fans anymore.
-
Like me that have had used Litecoin from the past years specially when i was new in crypto and when the transaction fees back in 2017 really increase that high so i need to shift from bitcoin to litecoin and dogecoin transactions .
but sadly that i have leave this coin after the events when litecoin dropped from the ranking 3 lowering to that what it is now.
Currently, many new projects have been created and Litecoin or Dogecoin is no longer of interest to many people. To carry out transactions easily, they usually now use meme coins which can be created easily and have fairly cheap transaction costs, so Litecoin can now be said to be doesn't have a lot of fans anymore.
Talking about litecoin I don't have it this season, because I see less potential. I prefer top coins and some popular meme coins such as doge and shib. Maybe I will buy more bitcoins, although not much when another correction occurs
-
I'm not sure because Litecoin has really lost fame a lot and Litecoin is not a top Altcoin anymore because it is dropped out of Coinmarketcap Top 10 coins.
Once, Litecoin was called "digital Silver" but right now, Litecoin seems to be a forgotten coin.
It is stil a little bit famous but not much anymore.
-
I'm not sure because Litecoin has really lost fame a lot and Litecoin is not a top Altcoin anymore because it is dropped out of Coinmarketcap Top 10 coins.
Once, Litecoin was called "digital Silver" but right now, Litecoin seems to be a forgotten coin.
It is stil a little bit famous but not much anymore.
It seems that many investors are switching to other coins because currently there are many choices of potential coins to invest in, so we can choose the coin that we believe will bring greater profits. Lietcoin does seem stuck, maybe because the team didn't improvise the project and there was a lack of promotion from the marketing team
-
I'm not sure because Litecoin has really lost fame a lot and Litecoin is not a top Altcoin anymore because it is dropped out of Coinmarketcap Top 10 coins.
Once, Litecoin was called "digital Silver" but right now, Litecoin seems to be a forgotten coin.
It is stil a little bit famous but not much anymore.
It seems that many investors are switching to other coins because currently there are many choices of potential coins to invest in, so we can choose the coin that we believe will bring greater profits. Lietcoin does seem stuck, maybe because the team didn't improvise the project and there was a lack of promotion from the marketing team
I think Litecoin still has the potential to be held, because it still occupies 19th position on the CMC. but if I have to choose I prefer to buy top 10 coins, such as bitcoin, ethereum, BNB, Solana, ripple and doge
-
I think Litecoin still has the potential to be held, because it still occupies 19th position on the CMC. but if I have to choose I prefer to buy top 10 coins, such as bitcoin, ethereum, BNB, Solana, ripple and doge
I think so, even though LTC is less popular than the top 10 coins that are widely used by the crypto community for transactions. LTC is still worth considering for investment at this moment, during the bull season I am sure LTC prices will increase significantly
-
I think Litecoin still has the potential to be held, because it still occupies 19th position on the CMC. but if I have to choose I prefer to buy top 10 coins, such as bitcoin, ethereum, BNB, Solana, ripple and doge
Now, it is in the rank of 20 in coin market cap.
Yes, Litecoin is one of the old coins that is best used as an alternative to Bitcoin for carrying out transactions. because the fee is quite low. but now, it is not as special as before, because there is not much development. Meanwhile, many other networks or coins have much lower fees. So if something like this continues, LTC will increasingly lose its position.
-
Litecoin is one of the oldest coins, I can give a pass mark to those who intend to invest in it toward the upcoming bull run.
If you have learned about Litecoin's price history, you would have believed that it has the potential to soar higher in this upcoming bull run since it had her own halving last year. Although it takes time(months) for us to see its price movement in the crypto market. But in the real sense, it is worth people's investment, and it can go above its previous all-time high of $400. It is just a matter of time.
-
Now, it is in the rank of 20 in coin market cap.
Yes, Litecoin is one of the old coins that is best used as an alternative to Bitcoin for carrying out transactions. because the fee is quite low. but now, it is not as special as before, because there is not much development. Meanwhile, many other networks or coins have much lower fees. So if something like this continues, LTC will increasingly lose its position.
yeah, what you said used to be true about the bullrun 2021: Litecoin was once the blockchain for testing new updates proposed for Bitcoin, LTC was once the best ALTS for BTC, LTC was digital silver... Unfortunately, LTC is no longer associated with such positive concepts. It is just an ALTS that is traded and manipulated in the crypto market, its ecosystem has not seen significant development in many years, and even LTC price performance has not been as impressive as BTC or ETH.
From an investment perspective, I would not choose LTC, I think BTC or ETH are better choices and will bring higher returns in this bullrun. The blockchain/crypto market is constantly evolving, and LTC will soon lose its position and marketcap to newer, better, and more promising blockchains.