Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => Litecoin Forum => Topic started by: rahulkohali79 on September 25, 2020, 08:23:09 AM
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Litecoin is one of the first Bitcoin forks which were launched in late 2011 by former Google and Coinbase engineer Charlie Lee. To create this crypto, Lee copied the Bitcoin codebase, increased the total supply, and increased the speed at which new blocks are added to the blockchain. It was mainly constructed as a lighter alternative of BTC, but a faster and scalable one. Additionally, LTC encryption techniques are used for two critical features:
To regulate the generation of LTC units
To verify the transfer of funds and secure transactions network
WHAT IS LITECOIN VALUE?
LTC is one of the top-10 cryptocurrencies listed in Coinmarketcap.com. It is traded around the globe with the most common trading pair being Bitcoin (LTC/BTC (https://www.pcexmember.in/buy-litecoin-online-india)), Tether (LTC/USDT (https://www.pcexmember.in/buy-litecoin-online-india)), and (LTC/INR (https://www.pcexmember.in/buy-litecoin-online-india)) in the Indian scenario. Just like BTC, Litecoin prices are also determined by the markets’ perceived value by supply & demand
At the time of writing, the price of 1LTC is $48.3 which is Rs.3556.60 in the INR market. Here the value is fully determined by the market forces
Litecoin Price Prediction 2020
Currently, LTC is trading within a massive symmetrical triangle. A breakdown could plummet LTC’s prices to below $20, while a breakout would propel litecoin’s value towards its all-time high. Before it reaches there, it will have to hold a value of $150 with resistance. At this point, the digital asset topped out ahead of its halving in 2019. The coin is likely to reach a peak of $150 in 2020.
Litecoin Price Prediction 2021 – 2022
If Litecoin can maintain to hold over its long-term downtrend line, it is believed that targets would put LTC’s value somewhere between $500 and $1500 per coin before the end of 2022.
Litecoin Price Prediction 2023 – 2025
A long-term bullish pitchfork channel has made a prediction that each litecoin can worth over $13,000 from 2023 to 2025. This would put the coin’s capitalization closer to silver and make it a more likely digital counterpart.
What's the Difference Between Litecoin and Bitcoin?
Even though Litecoin and Bitcoin are similar in many ways, there are a couple of major differences between the two coins. Some traders say that if BTC is the equivalent of gold, LTC can be compared with silver. This is exactly what the developer of Litecoin had in mind while creating it. Both the coins do share many similar characteristics, and LTC is similar to BTC except for a couple of differences:
Litecoin offers faster confirmation: Litecoin’s Network aims at creating a new block every 2.5 minutes, as compared to that of Bitcoin’s processing rate of 10 minutes, which its developers' claim allows for faster transaction confirmation. A major drawback is the higher possibility of orphaned blocks.
Litecoin uses a different hashtag algorithm: LTC uses a consensus model called Proof-of-Work, or PoW for short. Although Bitcoin also uses the same network (PoW), there exist slight differences between the two. BTC uses something called SHA-256 hashing. However, the Litecoin’s blockchain is different, as it uses a script algorithm.
The Litecoin Network will create more coins: Litecoin will create 84 million Litecoins or four times as many currency units in comparison with what will be issued by the BTC Network.
How to Trade Litecoin?
You can buy Litecoin from any coin trading platform that supports cryptocurrency trading. In India, many exchanges support LTC trade as an option. It is advised to research thoroughly about the policies and LTC Prices across different crypto trading platforms. Look for platforms which :
Provides security to the account and the custody of Digital Wallets is given to clients.
Major and convenient modes of payment to purchase cryptocurrency in India.
Receiving and transferring of cryptos instantly
Lowest maker and taker charges
Responsive & effective customer support and dedicated Indian community on telegram/twitter/Facebook for Indian users,
The spot to futures market options with great liquidity to trade your purchased crypto.
One can easily create an account on any trading platform in India. Let’s take an example of PCEX Member, which is one of the most prominent crypto trading platforms in India (https://www.pcexmember.in/). With zero makers and taker fee, this coin trading platform provides full custody of digital wallets to their clients. Also, a 5 layer security system protects the account of users thus making it a safe & secure platform for trade. Create an account, complete KYC, and link your bank account to start trading in the world’s most profitable market.
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Litecoin price is currently stable but it doesn't mean that it has an edge with the King Bitcoin, BTC still the number one and top cryptocurrency a market leader thats why it's far better than any existing cryptocurrency in the entire industry in terms of investment and profits.
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I think Bitcoin will still be king, and not a single coin has been able to beat it yet. Including this litecoin. Indeed, this litecoin has a more stable price than bitcoin. However, the benefits obtained from the stable price are only small. It is better for the price to fluctuate, so that we can take a lot of profits and even get double profits there.
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From the little experience am having in trading LTC is a very nice and good coin but i will definitely advice to buy bitcoin over LTC!!! Because almost all coins are been controlled by bitcoin.
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I dont think Litecoin is a good ootoin.ETH and XRP are much better than LTC.Both of them have a great potential. And BTC is the king no one can beat it
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If you invest in high level coins in the market, the chances of profit are less. Coins that have a much lower market value are more likely to make a profit if you invest in them. So I think you should invest in low value coins.
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I think LTC will show a steep profit during the altseason, in the meantime we see how bitcoin is gradually pulling the entire market! Therefore, choosing bitcoin today is a normal investment!
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Litecoin is good for long-term investments, but Bitcoin is good for long-term investments. I think two coins are good for investing in the market. But to benefit from these coins, you have to make a long-term investment. If you want to make a profit by trading short term, you have to invest in tokens.
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My opinion is that if bitcoin can grow to 25,000, then litecoin will cost 200, so LTC is a great purchase for me!
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I personally won't choose lite coin over bitcoin, in as much as litecoin is cheap and much more affordable than bitcoin, I still feel that bitcoin is the major factor driving some of this coin prices and litecoin is one of them, litecoin isn't that popular cus not too many People talks about it, and again, I've not seen any use case attached to it.
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I think litecoin is a good investment coin but it not a better investment coin over bitcoin. Litecoin price now available in under hand and suitable for investment. When bitcoin market will be more than$20000 then litecoin price will be $100 . So invest litecoin before halving.
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Bitcoin remains the choice asset for investment for obvious reasons, it's safer, more recognised, bigger and has a greater chance for global adoptions and utilization compared to other altcoins. For this reason, anyone investing in Bitcoin is guaranteed relative safety and likelihood of better returns on investments.
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I think it is possible to make a profit by investing on bitcoin. However litecoin should be added to the investment level. Because at present the price of the coin is much lower. However, there is a possibility of increase in the future. So I think you should invest in these as well.
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I believe that litecoin is the top raked crypto currency in the world. The developers of the coin are very much proactive. The coins has potentiality. The current price is so chap also. At the current position i think it is better to invest in bitcoin.
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Litecoin is a good coin not only for investing, but also for trading because it has high volatility and large trading volumes on all major cryptocurrency exchanges. I purchased several LTC coins and keep them now, but from time to time on price pumps I sell them and wait for a correction to buy.
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Most coins are great for long term investments. Litecoin is at its best for long-term investments. I think the position is a lot better. The coin is much better for long term investment. Popular all over the world. But there are some more coins that are good for investment.
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I think both litecoin and bitcoin are very important for trading. However, I think the popularity and demand of Bitcoin is high now. But litecoin is the best currency for long-term investment planning. So the two currencies are much more popular.
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No other coin can compete Bitcoin. Bitcoin is the King of crypto currency.Litcoin is a good coin Ranking in first ten coins .Investments in Litecoin can take a good profit when there will be full alt season. Litecoin is like other coin.Like other first 10-20 coin it will also give profit but not take place of Bitcoin.
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Litecoin is a good coin not only for investing, but also for trading because it has high volatility and large trading volumes on all major cryptocurrency exchanges. I purchased several LTC coins and keep them now, but from time to time on price pumps I sell them and wait for a correction to buy.
Yes, it is true.
because almost all traders already have good analysis on the LTC coin. and LTC is a little easier to predict when prices rise and when prices fall. I also invested in LTC, but only for the short term
Most coins are great for long term investments. Litecoin is at its best for long-term investments. I think the position is a lot better. The coin is much better for long term investment. Popular all over the world. But there are some more coins that are good for investment.
not for the moment.
for me LTC is currently at the highest price. so, if you want to invest long term in LTC, you are likely to experience losses in the future.
My advice is that you better use LTC for short-term investments
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Currently Bitcoin, litecoin are the two best currencies for long term investment. Nowadays it is much more popular. So I think coin is more important in everyone's investment.
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It is possible to invest from any country in the world. So there are a lot of investors on Bitcoin. At the same time, some cryptocurrencies are gaining popularity in the market. So Litecoin is a popular currency.
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No i cannot think Litecoin A Better Investment Option Over Bitcoin. I Think Litecoin is Good Currency But Not Better Then Bitcoin. Bitcoin is Boss of All Cryptocurrency. Bitcoin is unbeatable. Litecoin Investment also good . I also want to invest on Litecoin. I think i will benefited from Litecoin like Bitcoin.
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No i cannot think Litecoin A Better Investment Option Over Bitcoin. I Think Litecoin is Good Currency But Not Better Then Bitcoin. Bitcoin is Boss of All Cryptocurrency. Bitcoin is unbeatable. Litecoin Investment also good . I also want to invest on Litecoin. I think i will benefited from Litecoin like Bitcoin.
I agree with you, Litecoin is indeed a good coin and also has good future potential as well. But they can't compete with Bitcoin, meaning Bitcoin is much better than Litecoin. Bitcoin excels in terms of price, rating and volume which is much higher than Litecoin.
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I agree that LTC is a good investment, one of which is because the price of LTC is cheaper than BTC, so that when the price of LTC goes up, we can get multiple benefits. One of the things that causes this is the transaction speed of LTC can be four times that of BTC. it can give more value to LTC coins.
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Bitcoin is the the king of cryptocurrency. Now Bitcoin is more popular for long term investment. But most of people invested Litecoin. Because ltc price day by day increasing.
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Bitcoin is the the king of cryptocurrency. Now Bitcoin is more popular for long term investment. But most of people invested Litecoin. Because ltc price day by day increasing.
Bitcoin and litecoin Both coins are very much popular and worthy to invest anytime in Market. But I never priority litecoin before bitcoin. Litecoin never crossed bitcoin at all.
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Currently Bitcoin, litecoin are the two best currencies for long term investment. Nowadays it is much more popular. So I think coin is more important in everyone's investment.
What a foolish comparison between the King (Bitcoin) with soldiers (litecoin)!!! I never think litecoin will a better competitors against bitcoin. I think bitcoin will be more powerful crypto platform in future.
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Litecoin isn’t a bad cryptocurrency, this is good crypto currency for investment but it is not for short time, if somebody hold litecoin for longtime, then this will good for more profit. My choice is Btc, Eth, Ltc, Xrp, Trx etc crypto coin.
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I don't think so bitcoin is the first and oldest crypto currency in the world. It is the top crypto in the world till today and i assume that no coin will be comparable with bitcoin.
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Investors must invest in Bitcoin to make a profit. However, investors should invest on litecoin to make a lot of profit. Because I think it is possible to make a lot of profit by investing a small amount.
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Litecoin is good, but that doesn't mean Litecoin is better than Bitcoin. Actually we can choose these two coins, because in my opinion Litecoin and Bitcoin are two coins that have good potential to be traded. Choosing coins to invest in is important, and if we choose these two coins it is the right choice.
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I'm not saying that Litecoin is a better coin than Bitcoin, but I used to prefer Litecoin. Before I bought Bitcoin.
And at that time I made a good profit from Litecoin, but remember Bitcoin is definitely better than this Coin I chose.
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Of course litecoin is a good investment coin both short and long term investment but I can't consider litecoin is better investment coins than bitcoin. Bitcoin always the best crypto in the world Cryptocurrency market cap. No competitor is as good as bitcoin.
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In fact, we have seen that with the growth of the cryptocurrency market, there are some things that have increased a lot. Of these, Bitcoin is perhaps the largest. I think it is best to invest bitcoin from lite coins. It would be better if you like Bitcoin Ethereum XRP TRX etc. If you buy or hold coins then it is best.
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In fact, we have seen that with the growth of the cryptocurrency market, there are some things that have increased a lot. Of these, Bitcoin is perhaps the largest. I think it is best to invest bitcoin from lite coins. It would be better if you like Bitcoin Ethereum XRP TRX etc. If you buy or hold coins then it is best.
Each cryptocurrency from the top ten of the rating has its own characteristics, thanks to which there are real prospects in the future. I do believe that Ethereum and Bitcoin have the highest advantages of all cryptocurrencies, Although Tron keeps afloat very well thanks to gambling. But Litecoin is inferior to these cryptocurrencies today, since there is no decent hype around it in the market. .
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Thanks for the detailed information. In terms of price, it's good because many users can be able to afford it but if you think that it will be pumped up alone like without BTC support then that can't happen because BTC is considered the king and no coins can be pumped up until BTC pumped up.
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It seems right to me. Because if you want to trade silver by bringing this video, you will need a lot of capital. But training on light coins will not require so much capital. But the amount of profit will remain the same. So I think it would be wise to trade on light coins now.
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It is hard to say unequivocally here, at the moment it is better to find an asset than bitcoin, because its growth is now predicted for $ 25,000, but litecoins are also growing. If we consider in small volumes, then of course litecoins.
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XRP is delisted from many exchanges and right now LTC took its place in coinmarketcap. I think this give LTC a better chance to hold the market tight. Many people will move their funds to other ALTs from XRP so LTC has a good chance to go up. But we can not compare BTC to LTC. BTC is the father of crypto.
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The present is the right time to invest. Many are benefiting by investing at the present time. Because it is possible to make a lot of profit by investing in high level coins in the market. While cryptocurrencies are gaining popularity around the world, the price of Bitcoin, litecoin is rising.
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I believe that the future of Litecoin will primarily depend on how strong and long-term Litecoin's cooperation with large companies, which have a very strong influence on the demand for Litecoin in the cryptocurrency market, will be.
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I saw the article you wrote but I couldn't read through cause is just simple, litecoin is a good investment but you can't compare investing on ltc to bitcoin. Bitcoin is the king and will always be.
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I do not take away the glory of Litecoin in the cryptocurrency market, since this cryptocurrency is also promising and should be in the portfolio of every cryptocurrency user, but between Bitcoin and Litecoin there are still other cryptocurrencies, including Ethereum, which are slightly higher in importance and prospects.
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Being honest, I don't see it as a better option, Litecoin does nothing different than Bitcoin. The only positive if someone wants to invest is that it is priced much lower than Bitcoin. If I had some money to invest, I would certainly do it in Litecoin, much cheaper and with a good margin of growth in the medium term of time, but as always everyone has their opinion.
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Litecoins are cheaper than bitcoins, in terms of investments for beginners, many choose litecoins, the main reason is of course the price of litecoins.
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litecoin has price movements that depend on the price of bitcoin, therefore litecoin has the same price as litecoin price movements, so keep buying as much litecoin as you can and enjoy the benefits of this fast price movement.
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litecoin has price movements that depend on the price of bitcoin, therefore litecoin has the same price as litecoin price movements, so keep buying as much litecoin as you can and enjoy the benefits of this fast price movement.
I agree that Litecoin's price depends on Bitcoin price movements, I also believe that Litecoin also has very good potential just like Bitcoin. Currently the price of Litecoin is much cheaper, this could be the right choice to welcome the current Altcoin season.
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Litecoins are cheaper than bitcoins, in terms of investments for beginners, many choose litecoins, the main reason is of course the price of litecoins.
Litecoin deserves to be included in anyone's portfolio it is fast, cheap, and one of the old coin in the industry but people consider Litecoin as a fork of Bitcoin which is actually is, but Litecoin will always on top of the top 10 in the market because of the strong community it has.
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You could say you stand the chance to gain more returns investing in ltc than btc for a simple reason that btc is way expensive and will be hard to make a reasonable returns except it pumps like mad,
With ltc, you can still have a chance of x2 or x3 depending on the bull season and how ltc is able to pump.
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Litecoins are cheaper than bitcoins, in terms of investments for beginners, many choose litecoins, the main reason is of course the price of litecoins.
Bitcoin is much more valuable than litecoin although litecoin is cheap it cannot be as expensive as bitcoin due to low investment however even if the demand is high due to time constraints its price will increase a lot.
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How can Litecoin be better than bitcoin when bitcoin's is x10 of Litecoins market cap, I know Litecoin is more scalable than bitcoin, i think thats how it always is every first invention comes with some defaults that other inventions that come later then to tackle and solve these defaults, it's just like the smart phone we are using now it began with button phones first :P, bitcoin will always be the king of all cryptocurrencies, Atleast it doesn't have insane gas fees as eth.
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Litecoin is suitable for investment. However, its value increased a lot. At present the price is much lower. But much better since 2020. There is a possibility of getting better in the future. Litecoin's team is currently very active. Everyone in the present is benefiting. It is better to wait for a long time.
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I think it is not because bitcoin is the mother currency but if you are investing for good returns then this is a good coin to invest because If you look at the bitcoin and ethereum which gave us huge returns I think litecoin could be next.
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Lite coin is valuable and there is no doubt about it. I think litecoin will improve more then the present condition. But when it is told that litecoin is better then bitcoin then i will not agree with this comment because bitcoin is the king there is not alternative to bit with bitcoin at this moment.
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Lite Coin is Fantastic Coin. I Think Lite Coin Is Good Coin For Investment. Now it’s Price is 170$, on the otherhand Bitcoin Price is 40k so it is Too much Risky now. I think Lite coins Price is now Reasonable so Lite Coin is Better for investment From Bitcoin. I also Bought Some Litecoin and waiting for suitable price. When it will some dump i will buy Some Lite coin For long time hold.
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Litecoin obviously a better investment platform but I don't consider litecoin more than bitcoin. Litecoin price also halving with the halving rates of bitcoin and others but still not popular than bitcoin and Ethereum.
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litecoin has price movements that depend on the price of bitcoin, therefore litecoin has the same price as litecoin price movements, so keep buying as much litecoin as you can and enjoy the benefits of this fast price movement.
I agree that Litecoin's price depends on Bitcoin price movements, I also believe that Litecoin also has very good potential just like Bitcoin. Currently the price of Litecoin is much cheaper, this could be the right choice to welcome the current Altcoin season.
Yes, I see . Litecoin price is cheaper than bitcoin but it is not mean litecoin is better than bitcoin. I think Bitcoin is still the best of crypto currency. Litecoin is very potential and will have bright future . You can use both for your investment.
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LTC and the BTC both coins are good and best and if we invest in the LTC coin than a BTC we can mae good money in this becasue in the crypto market so many peoples will change their life and the LTC touch 2000$ this time when the bull is start.
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LTC and the BTC both coins are good and best and if we invest in the LTC coin than a BTC we can mae good money in this becasue in the crypto market so many peoples will change their life and the LTC touch 2000$ this time when the bull is start.
I think It depends what invest do you want to do. If you want to hold for long term, I think litecoin is better. I agree with litecoin is more profitable than bitcoin now. Because litecoin price is still low and has potential to pump.
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Litecoins are cheaper than bitcoins, in terms of investments for beginners, many choose litecoins, the main reason is of course the price of litecoins.
Yes mate, for beginners we can choose Litecoin as an investment because Litecoin has a cheaper price. But it seems that even though Litecoin has a cheaper price, Litecoin still has very good potential in the future. The price of Litecoin will be able to compete with the prices of other coins that are in the top ranking, but Litecoin is not a coin that will not be able to compete with Bitcoin let alone beat it.
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Litecoin is the best coin that is among the top 10 cryptocurrency. The value of litecoin has reached $ 150, which is considered to be a better and beneficial for investors.
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While comparing LTC with lower coins like XRP, TRX, Dogecoin, I recommend investing in the lower coins instead LTC but if you compare LTC with BTC then LTC is quite an affordable option for any user.
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While comparing LTC with lower coins like XRP, TRX, Dogecoin, I recommend investing in the lower coins instead LTC but if you compare LTC with BTC then LTC is quite an affordable option for any user.
Yes, litecoin price is lower than bitcoin, But I think I am not agree litecoin is a better investment over bitcoin. Bitcoin is still the best investment now. Many people already bought more and invested in bitcoin. Litecoin is one of the choice for long term investment. It is good coin.
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I think light coin as a long term investment can never be better than bitcoin. Because the popularity of Bitcoin is much higher. Those who had invested in Bitcoin a few days ago are now getting eggplant profit. I have invested in light coins, but I haven't seen much progress in light coins. But I hope the light coin will progress.
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While comparing LTC with lower coins like XRP, TRX, Dogecoin, I recommend investing in the lower coins instead LTC but if you compare LTC with BTC then LTC is quite an affordable option for any user.
Yes, litecoin price is lower than bitcoin, But I think I am not agree litecoin is a better investment over bitcoin. Bitcoin is still the best investment now. Many people already bought more and invested in bitcoin. Litecoin is one of the choice for long term investment. It is good coin.
Yes , I agree , Litecoin is not better over bitcoin. I think bitcoin is still the best and most popular than other. Litecoin is one of my favourite coin for long term investment beside waves and Tron. I think they are very potential coin.
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~ Litecoin is not better over bitcoin. I think bitcoin is still the best and most popular than other. Litecoin is one of my favourite coin for long term investment beside waves and Tron. I think they are very potential coin.
Yes, I see. Litecoin is not better than bitcoin. Bitcoin is still teh best of crypto currency, I think litecoin will take several years again to compete for top three coin, But will not beat to bitcoin
Believe it
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Litecoin is a potential altcoin but it not equal to bitcoin it not a competitor of the bitcoin but litecoin is a potential altcoin for investments if you hold it it will give big profits but bitcoin is King of the cryptomarket still it domination is too high and it's price is too high than litecoin.
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Litecoin is a potential altcoin but it not equal to bitcoin it not a competitor of the bitcoin but litecoin is a potential altcoin for investments if you hold it it will give big profits but bitcoin is King of the cryptomarket still it domination is too high and it's price is too high than litecoin.
Yes, I agree litecoin is not competitor of bitcoin.It is so far . Bitcoin is biggest communities and has high demand. I think litecoin will be more popular at the next several year again. So let's see the progress of litecoin at the coming future.
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Litecoin is a potential altcoin but it not equal to bitcoin it not a competitor of the bitcoin but litecoin is a potential altcoin for investments if you hold it it will give big profits but bitcoin is King of the cryptomarket still it domination is too high and it's price is too high than litecoin.
Yes, I agree litecoin is not competitor of bitcoin.It is so far . Bitcoin is biggest communities and has high demand. I think litecoin will be more popular at the next several year again. So let's see the progress of litecoin at the coming future.
Yes, you are right It is so far. Bitcoin is the best of crypto currency, Currently others coin can compete to bitcoin. So don't compare litecoin to bitcoin. In my opinion I think Ethereum is the best competitor for bitcoin. But Not for now.
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While comparing LTC with lower coins like XRP, TRX, Dogecoin, I recommend investing in the lower coins instead LTC but if you compare LTC with BTC then LTC is quite an affordable option for any user.
I think your opinion depend how much the price. Not how the chance. I think bitcoin is still the best of crypto currency, But If you want hold for long term..I think litecoin is the best choice to do. That's my opinion
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While comparing LTC with lower coins like XRP, TRX, Dogecoin, I recommend investing in the lower coins instead LTC but if you compare LTC with BTC then LTC is quite an affordable option for any user.
I think your opinion depend how much the price. Not how the chance. I think bitcoin is still the best of crypto currency, But If you want hold for long term..I think litecoin is the best choice to do. That's my opinion
In my opinion, litecoin is also good for daily trading, beside for long term investment. I see many people prefer in long term investment, but I personally prefer used litecoin for my trading. It is really suitable.
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try not to compare it with bitcoin, try another coin. If you compare it to bitcoin, it is clear that LTC is far from bitcoin, because Bitcoin has always been the asset of choice for investment for obvious reasons, it is safer, better known, bigger and has a greater opportunity for global adoption and utilization compared to other altcoins.
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Litecoin is one of the first Bitcoin forks which were launched in late 2011 by former Google and Coinbase engineer Charlie Lee. To create this crypto, Lee copied the Bitcoin codebase, increased the total supply, and increased the speed at which new blocks are added to the blockchain. It was mainly constructed as a lighter alternative of BTC, but a faster and scalable one. Additionally, LTC encryption techniques are used for two critical features:
To regulate the generation of LTC units
To verify the transfer of funds and secure transactions network
WHAT IS LITECOIN VALUE?
LTC is one of the top-10 cryptocurrencies listed in Coinmarketcap.com. It is traded around the globe with the most common trading pair being Bitcoin (LTC/BTC (https://www.pcexmember.in/buy-litecoin-online-india)), Tether (LTC/USDT (https://www.pcexmember.in/buy-litecoin-online-india)), and (LTC/INR (https://www.pcexmember.in/buy-litecoin-online-india)) in the Indian scenario. Just like BTC, Litecoin prices are also determined by the markets’ perceived value by supply & demand
At the time of writing, the price of 1LTC is $48.3 which is Rs.3556.60 in the INR market. Here the value is fully determined by the market forces
Litecoin Price Prediction 2020
Currently, LTC is trading within a massive symmetrical triangle. A breakdown could plummet LTC’s prices to below $20, while a breakout would propel litecoin’s value towards its all-time high. Before it reaches there, it will have to hold a value of $150 with resistance. At this point, the digital asset topped out ahead of its halving in 2019. The coin is likely to reach a peak of $150 in 2020.
Litecoin Price Prediction 2021 – 2022
If Litecoin can maintain to hold over its long-term downtrend line, it is believed that targets would put LTC’s value somewhere between $500 and $1500 per coin before the end of 2022.
Litecoin Price Prediction 2023 – 2025
A long-term bullish pitchfork channel has made a prediction that each litecoin can worth over $13,000 from 2023 to 2025. This would put the coin’s capitalization closer to silver and make it a more likely digital counterpart.
What's the Difference Between Litecoin and Bitcoin?
Even though Litecoin and Bitcoin are similar in many ways, there are a couple of major differences between the two coins. Some traders say that if BTC is the equivalent of gold, LTC can be compared with silver. This is exactly what the developer of Litecoin had in mind while creating it. Both the coins do share many similar characteristics, and LTC is similar to BTC except for a couple of differences:
Litecoin offers faster confirmation: Litecoin’s Network aims at creating a new block every 2.5 minutes, as compared to that of Bitcoin’s processing rate of 10 minutes, which its developers' claim allows for faster transaction confirmation. A major drawback is the higher possibility of orphaned blocks.
Litecoin uses a different hashtag algorithm: LTC uses a consensus model called Proof-of-Work, or PoW for short. Although Bitcoin also uses the same network (PoW), there exist slight differences between the two. BTC uses something called SHA-256 hashing. However, the Litecoin’s blockchain is different, as it uses a script algorithm.
The Litecoin Network will create more coins: Litecoin will create 84 million Litecoins or four times as many currency units in comparison with what will be issued by the BTC Network.
How to Trade Litecoin?
You can buy Litecoin from any coin trading platform that supports cryptocurrency trading. In India, many exchanges support LTC trade as an option. It is advised to research thoroughly about the policies and LTC Prices across different crypto trading platforms. Look for platforms which :
Provides security to the account and the custody of Digital Wallets is given to clients.
Major and convenient modes of payment to purchase cryptocurrency in India.
Receiving and transferring of cryptos instantly
Lowest maker and taker charges
Responsive & effective customer support and dedicated Indian community on telegram/twitter/Facebook for Indian users,
The spot to futures market options with great liquidity to trade your purchased crypto.
One can easily create an account on any trading platform in India. Let’s take an example of PCEX Member, which is one of the most prominent crypto trading platforms in India (https://www.pcexmember.in/). With zero makers and taker fee, this coin trading platform provides full custody of digital wallets to their clients. Also, a 5 layer security system protects the account of users thus making it a safe & secure platform for trade. Create an account, complete KYC, and link your bank account to start trading in the world’s most profitable market.
In my opinion, Litecoin is a good coin for long term investment, it's very potential and suitable for long term investment but not over Bitcoin. Because Bitcoin is the king of all coins in crypto. I hope, it will be always king in crypto. So, I don't compare Litecoin with the king Bitcoin.
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Thank you for creating a beautiful topic. I learned something good from you about light coins. But I would also say that light coins are very safe for traders. And the highest pair is Bitcoin with Light Coin. You made the right comments on this topic. Thank you
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Bitcoin has more supportive, broader adoption. But Litecoin is cheap, faster and still has plenty of value. Like gold and silver it doesn’t matter if you invest in Bitcoin or Litecoin. They are also both great to trade and can be even more profitable with proper risk management and skills.
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Bitcoin has more supportive, broader adoption. But Litecoin is cheap, faster and still has plenty of value. Like gold and silver it doesn’t matter if you invest in Bitcoin or Litecoin. They are also both great to trade and can be even more profitable with proper risk management and skills.
I think you are right, bitcoin is gold and litecoin is silver. So don't ever think litecoin is better investment over bitcoin.. It's joke. I don't agree. Because bitcoin is going strong again now and always be the King of crypto currency
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I think that technical analysis and expert advice is something you should always consider before investing. I also believe that regulations could have a big impact on the future of Litecoin. So, it’s important that you learn about these regulations, especially in your country.
Even the biggest investors and experts of cryptocurrency find it difficult to predict the future of crypto. So before investing, you should do as much research as possible and plan your investments so that even if the prices fall, you are still safe.
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All altcoins when compared to Bitcoin are better Bitcoin, including the comparison between Litecoin which ranks number 9 COinmarketcap with Bitcoin which ranks number 1.
I don't have anything new from this comparison of advantages because everything has been proven if if you compare altcoins with Bitcoin then altcoins will lose.
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Litecoin is good, but that doesn't mean Litecoin is better than Bitcoin. Actually we can choose these two coins, because in my opinion Litecoin and Bitcoin are two coins that have good potential to be traded. Choosing coins to invest in is important, and if we choose these two coins it is the right choice.
Yes, Bitcoin and litecoin is good coin and very potential. But I don't agree litecoin is better than bitcoin .Litecoin is good for long term and Bitcoin as we all know, bitcoin is better for short term and trading now.
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Litecoin is good, but that doesn't mean Litecoin is better than Bitcoin. Actually we can choose these two coins, because in my opinion Litecoin and Bitcoin are two coins that have good potential to be traded. Choosing coins to invest in is important, and if we choose these two coins it is the right choice.
Yes, Bitcoin and litecoin is good coin and very potential. But I don't agree litecoin is better than bitcoin .Litecoin is good for long term and Bitcoin as we all know, bitcoin is better for short term and trading now.
So am I, I also don't agree litecoin is better over bitcoin.. That's not true..We all know Bitcoin is maintaining its position as the King of crypto currency. Untill now, I think no coin will beat bitcoin..Bitcoin is the best of crypto currency
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I also don't agree litecoin is better over bitcoin.. That's not true..We all know Bitcoin is maintaining its position as the King of crypto currency. Untill now, I think no coin will beat bitcoin..Bitcoin is the best of crypto currency
Yes, I don't think litecoin is better over bitcoin. It will take several years again for litecoin.Litecoin is very potential coin but I don't believe litecoin will compete to bitcoin. Ethereum is the best competitor for bitcoin, But it's really difficult
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Currently, cryptocurrency Ten Light Coin has a very good position. Most of the investors are currently investing in A Light Coin Investment Site.Recently, Light has become a good performer for investment. But I don’t think this is the Lightcoin platform Bitcoin will be better than the platform. Because Bitcoin is the king of cryptocurrency. And the world's leading investors invest here.
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It has been seen for a few days now that people are making various positive comments about this light coin investment site. Many are saying that this light coin platform will become a very popular platform in the future. And Many are saying to buy and hold these light coins. However, in my opinion, this light coin has not yet become a popular platform like bitcoin. But maybe its popular with the change of time Will increase further.
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The price of Lite Coin is currently stable so this does not mean that it is obtained with Bitcoin. Bitcoin is the best coin in the cryptocurrency world. Its price is always fluctuating so it is not possible to compare lite coin with bitcoin.
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Actually i never go to compare with BTC to LTC because there are far distance between both of them. BTC is the king of market with its uniqueness and market cap one the other hand LTC is number 8 ranking coin in market. So how i can compare with LTC to BTC. Yea, LTC is also a good coin for low rated investment where BTC market now too much high.
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I cant say Litecoin is a better investment option over BTC but one thing i know so well is that Litecoin is a BTC fork and it has a strong community with a huge market capitalization that makes the coin safe and less volatile relatively to other altcoins with a lower market capitalization.
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I cant say Litecoin is a better investment option over BTC but one thing i know so well is that Litecoin is a BTC fork and it has a strong community with a huge market capitalization that makes the coin safe and less volatile relatively to other altcoins with a lower market capitalization.
I agree I also don't think litecoin is better investment over bitcoin. I think It's just joke. Bitcoin is the king of crypto currency and going strong now. Bitcoin has touched 52 k USD and for now more stable at around 50-51k USD
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At present Light Coin Investment Platform site is a very good investment platform. However, I do not think that light coin investment platform site compared to bitcoin investment platform site good.Because Bitcoin Investment Site is one of the most popular platforms of cryptocurrency. Most investors invest here. So Bitcoin is better than Light Coin.
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At present Light Coin Investment Platform site is a very good investment platform. However, I do not think that light coin investment platform site compared to bitcoin investment platform site good.Because Bitcoin Investment Site is one of the most popular platforms of cryptocurrency. Most investors invest here. So Bitcoin is better than Light Coin.
Litecoin mate, not light coin.
Litecoun is very potential and profitable for long term investment. I have asked several senior, they said litecoin will bullish at middle this year. Let's see and buy more if you have free money
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First of all, if I consider the best aspects of investment, I will give more priority to Bitcoin. Because I don't think Light Coin is a better investment site than Bitcoin.However, Light Coin is a very popular and trusted platform compared to other cryptocurrency platforms.There is no doubt that the popularity of this platform will increase further in the future.
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Bitcoin is the king of all altcoin in the crypto market. At this moment the price of Bitcoin is very high; on the other hand litecoin has also great potential. At this moment it's price is increasing gradually and it can be risen up more. so as a cheap rated coin you can invest in litecoin for future gain.
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Litecoin is a very good coin in cryptocurrency, yes I believe, Litecoin is a suitable coin for investment. But Litecoin can never be compared to Bitcoin in terms of investment. Because Bitcoin is the number one cryptocurrency in the world, investing in Bitcoin is always the best. Litecoin are also a good investment but not like Bitcoin.
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I think Bitcoin investment platform is a better option than Light Coin because if there is one platform that has the most investment from cryptocurrency then that platform is Bitcoin platform. But recently the Light Coin Investment Platform has gained a lot of popularity. In fact, the light coin investment site is in the second position of people's choice.
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Bitcoin is popular investment asset in this world it has huge market capitalization whole cryptomarket is dependent on bitcoin fluctuate compared with litecoin the price of bitcoin is too high but the price of litecoin is too low actually it didn't touched a new high price yet so we can hold litecoin for a big profits my opinion both are good coins for investments litecoin is a good way double your investments easily.
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Bitcoin is popular investment asset in this world it has huge market capitalization whole cryptomarket is dependent on bitcoin fluctuate compared with litecoin the price of bitcoin is too high but the price of litecoin is too low actually it didn't touched a new high price yet so we can hold litecoin for a big profits my opinion both are good coins for investments litecoin is a good way double your investments easily.
Yes, that's right. Bitcoin is so popular and most popular than other crypto.
Litecoin is always be follower of bitcoin.
I don't believe litecoin is the best investment option over bitcoin..
But litecoin could be more profitable for investment than bitcoin but not better than bitcoin..
Because I think bitcoin is suitable for short term investment and daily trading.
While litecoin is suitable for long term investment.
It depends what invest do you want to choose.
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I think it would be wrong to compare Bitcoin with Light Coin. Because Bitcoin is one of the best cryptocurrency coins.Bitcoin is currently at the top of popularity. Bitcoin is much more popular than other coins. Bitcoin platforms are currently the most invested. We know that the top 5 investors in the world are currently investing in Bitcoin platforms.However, the Light Coin platform is far ahead in terms of investment. The platform is a very good platform site, but not better than Bitcoin.