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Author Topic: Do you guys think Litecoin is worth buying now?  (Read 11232 times)

Offline Mrbluntzy

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Do you guys think Litecoin is worth buying now?
« 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.
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Do you guys think Litecoin is worth buying now?
« on: February 04, 2024, 01:53:10 AM »

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Offline Asiska02

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Re: Do you guys think Litecoin is worth buying now?
« Reply #1 on: February 05, 2024, 10:17:46 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.

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.
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Re: Do you guys think Litecoin is worth buying now?
« Reply #2 on: February 06, 2024, 09:50:09 PM »
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
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Offline bitterguy28

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Re: Do you guys think Litecoin is worth buying now?
« Reply #3 on: February 07, 2024, 09:47:46 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.
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.

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Re: Do you guys think Litecoin is worth buying now?
« Reply #4 on: February 08, 2024, 09:58:33 PM »
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.

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Re: Do you guys think Litecoin is worth buying now?
« Reply #5 on: February 09, 2024, 02:04:14 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.

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.
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Re: Do you guys think Litecoin is worth buying now?
« Reply #6 on: February 10, 2024, 02:36:40 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.

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.

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Re: Do you guys think Litecoin is worth buying now?
« Reply #6 on: February 10, 2024, 02:36:40 AM »


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Re: Do you guys think Litecoin is worth buying now?
« Reply #7 on: February 13, 2024, 12:39:48 AM »
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.
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Re: Do you guys think Litecoin is worth buying now?
« Reply #8 on: February 18, 2024, 02:44:42 PM »
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.

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Re: Do you guys think Litecoin is worth buying now?
« Reply #9 on: February 18, 2024, 03:07:27 PM »
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.
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Re: Do you guys think Litecoin is worth buying now?
« Reply #10 on: February 18, 2024, 09:13:48 PM »
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.

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Re: Do you guys think Litecoin is worth buying now?
« Reply #11 on: February 18, 2024, 10:37:11 PM »
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
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Re: Do you guys think Litecoin is worth buying now?
« Reply #12 on: February 19, 2024, 09:24:24 AM »
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.
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Re: Do you guys think Litecoin is worth buying now?
« Reply #13 on: February 19, 2024, 11:58:11 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.

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.

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Re: Do you guys think Litecoin is worth buying now?
« Reply #14 on: February 21, 2024, 06:00:56 AM »
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.

 

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