Do you guys think Litecoin is worth buying now?

[SmartGold01]

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.

[legend45]

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.

[Wiseman]

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.

[bitterguy28]

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 .

[FOKA33]

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.

[yhiaali3]

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 .

[Sim_card]

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.

[Sunderland]

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.

[Wiseman]

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.

[Mr. Allcrypto]

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...

[notblox1]

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.

[bitterguy28]

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.

[Tribalchief]

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.

[IvugeoEvolutionCoin]

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.

[legend45]

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