Will Litecoin recover?

[olivia]

I bought some Litecoin when the price was on it's way up. The price took a dive but I've been holding them in the hope they will recover to their former glory. This doesn't appear likely to happen any time soon, would I be better off selling them now and limiting my losses and investing elsewhere or do you think it's likely to achieve a higher price in the long term? All advice appreciated.

[Agneta]

I think that everything can happen, right now the Litecoin price is decreasing but I believe that in the future Litecoin prices will definitely recover.

[indexx]

Do not be too panicked with the decline in the price of coins that you are currently holding. Believe Litecoin will recover soon. Hold it for a few more moments so you don't regret it later if Litecoin has risen again. Be patient with these uncertain market conditions. Strengthen your hands to hold the coin.

[backspace]

Litecoin will recover. Even though the price is currently down, Litecoin is still a big potential to rise again in the near future. Because for me Litecoin is a good coin and can advance and develop in the future. If it is seen, Litecoin is unique and has become a long-term investor target.

[Collacell]

You'd better keep it waiting until the price rises again, I believe Litecoin in the future will surely grow green, Litecoin also has a bright future.

[skinhead]

Litecoin will have the possibility to recover despite of the contineous decreasing of it's market price value.This coin has the posibility to bounce back in the crypto market by December this year.

[mikesmat]

Do not panic. Litecoin is one of the stable coins in the cryptocurrency market. The cryptocurrency market is still recovering after weeks of depreciation which affected all coins. The price of litecoin seems to be rising gradually after period of dropping. The coin is around 57 US dollars and i believe the price may even shoot to 60 or more before the year ends once market condition keeps on improving. It may be too early to give up now.

[waitingforday]

Yes. It is. Just like Bitcoin, it will recover with time. I think it's gonna be end of 2019.

[Zeus29]

Of course yes,Litecoin will recover soon as possible. We don't have to worry about the price decrease that's normal cycle of crypto.I believe LITECOIN will grow in the future.

[Mr.X]

Yes of course litecoin can recover at all times because this is the one coin connected into the government.

[indexx]

Litecoin has not recovered. You don't sell it now. Because prices are still not possible and market conditions are still bad. So it's better to hold your Litecoin first for a certain time. What is clear in the near future I am sure Litecoin will rise again and make you take a sell position here.

[backfirst77]

Like other cryptocurrency, litecoin can also rise again in price. But for the time we can't predict, because besides fluctuating we also see the bitcoin's rush. If later bitcoin rises again to the highest price, it will indirectly affect the value of the litecoin. And will follow various trends. So wait for the litecoin to return to success.

[Bobcrypto]

I bought some Litecoin when the price was on it's way up. The price took a dive but I've been holding them in the hope they will recover to their former glory. This doesn't appear likely to happen any time soon, would I be better off selling them now and limiting my losses and investing elsewhere or do you think it's likely to achieve a higher price in the long term? All advice appreciated.

Well, the most important thing to note is that crypto are very much unpredictable and at such, the best advice in my opinion, is to "Hold" untill the price recovers. In recent times, the prices of crypto depend largely on the Bitcoin price movement and this has made many guys unable to get a good prices forcast.
Again, Litecoin was fork of bitcoin, and i think that the increase in Bitcoin price may lead to the price increase of Litecoin to certain extent; reason, because when Bitcoin rises, Litecoin tend to rise too, but when Bitcoin drops, Litecoin also drops and may not pick up at the pace of the Bitcoin price recovery. I think we have to courageous in the bearish market hoping for the bull time.

[AltLogan]

It is really depends on BTC state.
I think the best advice is to keep litecoin and no panic.

[pelana vreo]

It's very difficult to predict the benefits that you will get with LTC because all coin prices go down now, my advice is if you have the confidence to hold coins for the long term. You can hold it, but if you don't have enough trading experience, you can sell the coins you hold.