Is this the right time to sell LTC?

[yashwant]

As far as selling LTC is concerned, in my opinion it is wiser to hold it for now. Not only ltc but any popular coin like ETH , BTC , BNB , etc , . If yes, then hold it because the market is slowly improving.

[hobo66]

Not at all i just do not think that it is the good time to sell litecoin because there is nothing to obtain by selling of litecoin as the market is more and more at a reduce cost. I will suggest that do not sell any coin at this time just wait for the good time otherwise you will loss your whole invested cash. It is assumed that market affairs will recover back after some month so you can sell then.

[whitenem]

It is better to Hodl for at least one year because the crypto market is likely to be bullish due to bitcoin ETF and bitcoin halvine.litecoin is a quality coin so I believe it will give you good profit.

[Blue4]

I don't think so this is a good decision , because altcoins just started to pump if you sell now you will miss the bull market rather than just hold until the end of the altcoins pump you will get a good profits actually this is a potential altcoin so don't panic to hold this coin.

[Freemind]

For some it will be time to sell, and for others it will also be time to buy. Personally, I would have sold my coins quite a while ago, right around the time Charlie Lee sold his coins. At that moment the development of Litecion ended and everything was left adrift. That's why I have no interest in Litecoin, because no one updates or maintains it anymore, and a coin in that state doesn't interest me. There are always the ups and downs of the market (Bitcoin's upcoming halving may boost many altcoins) but beyond mere speculation there is nothing left.

[bitterguy28]

Litecoin is the highest increase on top 15 coins on coinmarketcap currently. I am sure that LTC holders are very happy right now. They can sell many of their assets to gain profits. But I think there are many holders still keeping their LTC for the next rising. What do you think, is this the right time to sell LTC or better to continue keeping it?

What have you done those days mate? did you sell your litecoin ? because seeing it now drops to rank 18 then surely it is a big dump from that time to this time now

https://coinmarketcap.com/currencies/litecoin/

Litecoin is one of the most popular back in the days even sits in rank 3 in 2017 but days passed and afte what had happened to the management? now stays this far from top.

[summonerrk]

Today I sold all my litecoins and I'm sure I did the right thing. I began to believe less that in the cryptocurrency world, price is related to practicality. Litecoin has excellent commission and speed parameters, but in terms of speculation, it's like it won't be pumped anymore, so I decided to buy ether or stablecoins. Eh, it's all strange. Bitcoin has grown so much, although now its fees are still huge.

[DarrowT]

Not really. I think that litecoin gonna grow soon. At least, you shouldn't sell all your ltc now

[Gurujebs]

Today I sold all my litecoins and I'm sure I did the right thing. I began to believe less that in the cryptocurrency world, price is related to practicality. Litecoin has excellent commission and speed parameters, but in terms of speculation, it's like it won't be pumped anymore, so I decided to buy ether or stablecoins. Eh, it's all strange. Bitcoin has grown so much, although now its fees are still huge.

What do you mean by speed parameters? litecoin has the same block space but 5 times faster than Bitcoin that takes an average 10 minutes to comfirm transaction while Litecoin is 2.5 minutes to comfirm block. Now these are layer 1 blockchains but today, we have more of them today and that 20x faster than Litecoin. Solana practically beats any other chains in term of scalability wise but not decentralized like Litecoin.

Litecoin is not that bad but I will advice you to put only small amount on it, don't put much money on it or better you capsize your money and share it into different coins, should in the future Litecoin doesn't pump as you expected, other coins will pump and it will save you from the embarrassment and profits.

[summonerrk]

Today I sold all my litecoins and I'm sure I did the right thing. I began to believe less that in the cryptocurrency world, price is related to practicality. Litecoin has excellent commission and speed parameters, but in terms of speculation, it's like it won't be pumped anymore, so I decided to buy ether or stablecoins. Eh, it's all strange. Bitcoin has grown so much, although now its fees are still huge.

What do you mean by speed parameters? litecoin has the same block space but 5 times faster than Bitcoin that takes an average 10 minutes to comfirm transaction while Litecoin is 2.5 minutes to comfirm block. Now these are layer 1 blockchains but today, we have more of them today and that 20x faster than Litecoin. Solana practically beats any other chains in term of scalability wise but not decentralized like Litecoin.

Litecoin is not that bad but I will advice you to put only small amount on it, don't put much money on it or better you capsize your money and share it into different coins, should in the future Litecoin doesn't pump as you expected, other coins will pump and it will save you from the embarrassment and profits.

Thanks for the clarifications. But I meant that I am completely satisfied with the speed of litecoin in terms of transactions. It takes quite an acceptable amount of time to transfer litecoins to use them. I'm not comparing Litecoin with other cryptocurrencies, because of course there are already a lot of much faster solutions.

[therozaq]

~ I meant that I am completely satisfied with the speed of litecoin in terms of transactions. It takes quite an acceptable amount of time to transfer litecoins to use them. I'm not comparing Litecoin with other cryptocurrencies, because of course there are already a lot of much faster solutions.

I think You're not wrong if you  satisfied with litecoin speed, although lite coin is not fastest.
But litecoin is pretty good.
Litecoin is old coin, it's very potential coin.
Unfortunately their team didn't improve their project to compete to other, such as Ethereum , BNB, SOL and polkadot.
I always invest in litecoin, buy before bitcoin halving and hold it..