So I purchased $100 in BTC and $100 in LTC which goes to $200 value first.

[philipma1957]

I am not sure maybe we are not going to have much of a bull run at all.

Trying to hodl as much as I can.

[Gladitorcomeback]

I am not sure maybe we are not going to have much of a bull run at all.

Trying to hodl as much as I can.

It's too early to conclude because the halving event is yet to come, and the market generally starts moving up after a few months of the event, so you should be holding a bit longer to see if your target is achieved or not, and in case both Bitcoin and Litecoin don't manage to hit 2x of their value from when you bought them and they start crashing, you should sell your assets immediately.

Based on the fact that altcoins tend to be more volatile than Bitcoin, I believe Litecoin might win this race because for Bitcoin to give you $200 on your $100 investment, it will need to go above $120k as per my calculations, and even though that isn't a very big price if we have the bull run, it wouldn't be easy to achieve because investors will start dumping their coins even before that point.

[joniboini]

Damn, I voted for LTC and it seems I'm the only one for now. I don't really have solid reasoning though, just because their market cap is smaller compared to BTC so I bet they can do 2x earlier, especially when another alt season comes. That being said, I don't really hear any hype for LTC nowadays, even on social media. Maybe I'm looking at the wrong place? Anyway, I guess the narrative for layer 2 is just that strong which leaves old altcoins or Bitcoin forks unappealing to high-risk traders.

[gunhell16]

What's up op, you use a paypal account to buy Bitcoin and LTC? Can I buy Bitcoin with Paypal? or are there features in paypal apps to buy and sell Bitcoin or other cryptocurrency? It's been a long time since I haven't been able to use paypal that's why I asked.

But the information seems to be that Paypal has become open to Bitcoin or cryptocurrency, I just don't know if this has been confirmed? But what you did op, I think they are equally possible to double in the future.

[Stompix]

still there is a chance that LTC can make your money double then BTC because it's an alt even if it's a fork of BTC. So it can outperform the BTC in price wise.

LTC is not a fork of Bitcoin.
A fork coin is one that at some point had the same protocol and chain as the original, LTC never had any common thing with BTC.

While I'm pretty confident in saying that there will be altcoins that will perform way better than Bitcoin next year, even by in some cases an order of magnitude, I doubt LTC will be the one.
YOY data is just painful to watch for LTC fans:
Bitcoin is up 129% in the last year
Litecoin is down -10% in the last 365 days

If you would have picked Doge it might have been a completion, with LTC I don't think so.

[Lucius]

If we look at the last two bull runs, we can notice that before each one, LTC had approximately the same price as today ($80), and that at its peak it reached around $350. The only question is whether LTC is of any interest to anyone anymore, given that it is no longer in the top 10 coins, and it could very easily fall out of the top 20 when it comes to market cap.

However, it seems to me a much easier mission to double the price of LTC than BTC, because the path to $100k for BTC will not be easy at all, and that psychological limit is the exit point for many.

[Findingnemo]

Bitcoin for sure, and whoever voted LTC should keep in mind that altcoin Market dynamics changed a lot and it's not same as what we saw in 2020. Meme coins dominating the market for now and no one knows what will be the next thing.

LTC is good but I don't think it can never compete BTC on head to head range.

[UNIVERSE]

This means that the two coins must reach 2x the price when purchased, right?
That means the price of BTC should be over $120k and the price of LTC should be around $160, right?
Ehm, I'm not sure but if you look at the possibilities, LTC might be able to do it faster, could it be like that? LTC will likely reach $160 faster than BTC will reach $120k. Isn't that right?

[Aanuoluwatofunmi]

We cannot say, but i know one thing for sure, which is that bitcoin dictate for other currencies to follow after, but there are also times whereby the altcoins market may be rising and the bitcoin market is not rising at all, such could be regarded as the alt season, it also depends on the timing to when you invested, if you buy either of the coins on dip or not and how long you could possible hold for them.

[Lucius]

~snip~
Ehm, I'm not sure but if you look at the possibilities, LTC might be able to do it faster, could it be like that? LTC will likely reach $160 faster than BTC will reach $120k. Isn't that right?

Theoretically, it would be easier for LTC to double its price - but I already wrote in my previous post that LTC is no longer (at least it seems to me) as popular as before. Some other altcoins are slowly suppressing it and it is obvious that the focus of investors is on them, which calls into question the assumption that LTC can repeat what it did after the previous two halvings.

[philipma1957]

Damn, I voted for LTC and it seems I'm the only one for now. I don't really have solid reasoning though, just because their market cap is smaller compared to BTC so I bet they can do 2x earlier, especially when another alt season comes. That being said, I don't really hear any hype for LTC nowadays, even on social media. Maybe I'm looking at the wrong place? Anyway, I guess the narrative for layer 2 is just that strong which leaves old altcoins or Bitcoin forks unappealing to high-risk traders.

well since doge and ltc are merged mined on just one machine it is easy to mine stack and hodl it.

Doge seems to be more strong than LTC. but you never know.

[Sim_card]

It is hard to predict the price movement of bitcoin amd other cryptocurrency, because bitcoin controls their price. This why I would not know which option to choose. However, I will choose bitcoin because after the halving we don't know how fasg the price will pump to 100k. This circle has been an outstanding one due to the approval of bitcoin ETF, so it is possible that bitcoin will double its amount first before litecoin.

[jeraldskie11]

I don't think that LTC will double this year but I know that all the altcoins will increase when Bitcoin went up. But instead of guessing, we have to check the history of Bitcoin and LTC, only the new ones. In Bitcoin, since Dec 2022, the price went up 346% while in LTC only 84%. And since this time is the season of Bitcoin because of its halving, we can be sure that Bitcoin has the higher probability to double first before LTC. One of the reason is that the founder of Litecoin already sold their holdings.

[Faisal2202]

LTC is not a fork of Bitcoin.
A fork coin is one that at some point had the same protocol and chain as the original, LTC never had any common thing with BTC.

What!! LTC is not a fork of BTC on what basis you are saying it, I mean till now I have considered LTC as fork of BTC and you saying its not has shocked me, after reading this reply I confirmed it again from Google and it is considered as BTC fork. Well, for instance here are few:
The developer of LTC says: In October of 2011, I was playing around with the Bitcoin codebase, and I guess the short of it was that I was just trying to create...a fork of Bitcoin. It was mainly a fun side project.
And Investopedia says:Since Bitcoin was founded, hundreds of other cryptocurrencies have been forked from it or been created. Litecoin (LTC), a Bitcoin fork, is one of these altcoins—the term for cryptocurrencies that are not Bitcoin. Well, although I checked a list of BTC fork on forkdrop.io and LTC was not there or maybe I missed it.

Well, the point is, please shed more light on this fact so I would know.

If you would have picked Doge it might have been a completion, with LTC I don't think so.

I can't agree more with you on this, because ALTs can easily give us 10x in every scenario in this bull run and in all possible scenario BTC can't give us more than 4x or if I am not wrong it can't even give more than 3x from the current price. 2x is what it can give but still finger are crossed.

[philipma1957]

LTC is not a fork of Bitcoin.
A fork coin is one that at some point had the same protocol and chain as the original, LTC never had any common thing with BTC.

What!! LTC is not a fork of BTC on what basis you are saying it, I mean till now I have considered LTC as fork of BTC and you saying its not has shocked me, after reading this reply I confirmed it again from Google and it is considered as BTC fork. Well, for instance here are few:
The developer of LTC says: In October of 2011, I was playing around with the Bitcoin codebase, and I guess the short of it was that I was just trying to create...a fork of Bitcoin. It was mainly a fun side project.
And Investopedia says:Since Bitcoin was founded, hundreds of other cryptocurrencies have been forked from it or been created. Litecoin (LTC), a Bitcoin fork, is one of these altcoins—the term for cryptocurrencies that are not Bitcoin. Well, although I checked a list of BTC fork on forkdrop.io and LTC was not there or maybe I missed it.

Well, the point is, please shed more light on this fact so I would know.

If you would have picked Doge it might have been a completion, with LTC I don't think so.

I can't agree more with you on this, because ALTs can easily give us 10x in every scenario in this bull run and in all possible scenario BTC can't give us more than 4x or if I am not wrong it can't even give more than 3x from the current price. 2x is what it can give but still finger are crossed.

If a coin is a fork off another coin. It is similar to a stock split.

You own the original  and you get another.

If you held btc when ltc came in out you did not get an ltc coin. Also one coin mines with Sha 256 the other mines with script.

Bch is a fork. It you held btc you got an equal amount of bch also they both mine with sha 256