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Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => Litecoin Forum => Topic started by: philipma1957 on May 25, 2024, 06:51:28 PM

Title: LTC or litecoin 2023 price after ½
Post by: philipma1957 on May 25, 2024, 06:51:28 PM
I think LTC will not rally much but that btc will rally.

I picked 3
Title: Re: LTC or litecoin 2023 price after ½
Post by: MrSpasybo on May 27, 2024, 12:54:29 AM
Quote from: philipma1957 on May 25, 2024, 06:51:28 PM
I think LTC will not rally much but that btc will rally.
Throughout history, we have seen the stagnation of LTC price after the Litecoin halving, and in fact this event is not too important for BTC and the entire crypto market. Litecoin seems to have been forgotten and its ecosystem has not had impressive development for many years. I think we don't need to follow the fluctuations of LTC price when we want to assess the market, we should spend that time and effort on the BTC price chart because BTC is still the crypto king.

I don't believe in LTC's revival and comeback in this bullrun, and I have also had to remove LTC from my portfolio even though I was a fan of LTC in 2017 when I knew that Litecoin was faster and cheaper than Bitcoin and Litecoin was a better choice than BitcoinCash to replace Bitcoin in the future. Now, I know that my thoughts at that time were naive.

(https://www.tradingview.com/x/Az1PCgr6/)
Title: Re: LTC or litecoin 2023 price after ½
Post by: philipma1957 on May 29, 2024, 05:53:13 AM
Quote from: MrSpasybo on May 27, 2024, 12:54:29 AM
Quote from: philipma1957 on May 25, 2024, 06:51:28 PM
I think LTC will not rally much but that btc will rally.
Throughout history, we have seen the stagnation of LTC price after the Litecoin halving, and in fact this event is not too important for BTC and the entire crypto market. Litecoin seems to have been forgotten and its ecosystem has not had impressive development for many years. I think we don't need to follow the fluctuations of LTC price when we want to assess the market, we should spend that time and effort on the BTC price chart because BTC is still the crypto king.

I don't believe in LTC's revival and comeback in this bullrun, and I have also had to remove LTC from my portfolio even though I was a fan of LTC in 2017 when I knew that Litecoin was faster and cheaper than Bitcoin and Litecoin was a better choice than BitcoinCash to replace Bitcoin in the future. Now, I know that my thoughts at that time were naive.

(https://www.tradingview.com/x/Az1PCgr6/)

Yeah I mine LTC/DOGE it earns a profit. But frankly I like Doge more than LTC.  I think Doge will stay strong for decades to come.
Title: Re: LTC or litecoin 2023 price after ½
Post by: MrSpasybo on May 30, 2024, 10:24:46 PM
Quote from: philipma1957 on May 29, 2024, 05:53:13 AM
Yeah I mine LTC/DOGE it earns a profit. But frankly I like Doge more than LTC.  I think Doge will stay strong for decades to come.
Yeah, Litecoin used to have a cool narrative of "Digital Silver" but it is no longer mentioned nowadays. On the contrary, Dogecoin is the "memecoin leader" - a good narrative to pump the price when memecoins become an important part of the crypto market to attract money flow and new investors.

From an investment perspective, I am also willing to choose DOGE instead of risking my capital on LTC when it is not sure if LTC can still receive investor attention in this bullrun. It is a pity that Litecoin no longer has anything really interesting for us to talk about and follow, perhaps everything is only related to the volatility on the LTC price chart.
Title: Re: LTC or litecoin 2023 price after ½
Post by: philipma1957 on June 02, 2024, 04:24:08 AM
Quote from: MrSpasybo on May 30, 2024, 10:24:46 PM
Quote from: philipma1957 on May 29, 2024, 05:53:13 AM
Yeah I mine LTC/DOGE it earns a profit. But frankly I like Doge more than LTC.  I think Doge will stay strong for decades to come.
Yeah, Litecoin used to have a cool narrative of "Digital Silver" but it is no longer mentioned nowadays. On the contrary, Dogecoin is the "memecoin leader" - a good narrative to pump the price when memecoins become an important part of the crypto market to attract money flow and new investors.

From an investment perspective, I am also willing to choose DOGE instead of risking my capital on LTC when it is not sure if LTC can still receive investor attention in this bullrun. It is a pity that Litecoin no longer has anything really interesting for us to talk about and follow, perhaps everything is only related to the volatility on the LTC price chart.

Well the 1/2ing hurts LTC they failed to make LTC very different from BTC. A better idea for LTC would have been a 1/2ing every 6 years. TOO late now but it would have helped LTC be different.
Title: Re: LTC or litecoin 2023 price after ½
Post by: MUGNIA on October 26, 2024, 05:47:40 PM
Just like you guys, I'm not sure LTC will return to the top, even though it used to be my favorite coin to invest in, but now people are thinking twice about investing in LTC if they want to make weekly or even monthly profits. The price increase doesn't tend to be significant, but on the contrary.
Title: Re: LTC or litecoin 2023 price after ½
Post by: erus on November 17, 2024, 05:44:25 AM
Quote from: MUGNIA on October 26, 2024, 05:47:40 PM
Just like you guys, I'm not sure LTC will return to the top, even though it used to be my favorite coin to invest in, but now people are thinking twice about investing in LTC if they want to make weekly or even monthly profits. The price increase doesn't tend to be significant, but on the contrary.
I am more an example of my ignorance of Litecoin because I have not studied this coin completely, so according to the poll above I choose "interesting question not sure I need more time to know.". I need a lot of time to see how Litecoin works, the community, graphic patterns and various histories about LiteCoin.

(https://i.imgur.com/KQDXQ6P.png) (https://coinmarketcap.com/currencies/litecoin/#Markets)

But considering the market available for Litecoin, it is a well-known market, so Litecoin should at least have a green price and continue to rise, at least well-known markets like Binance and Coinbase also believe in Litecoin's performance.
Title: Re: LTC or litecoin 2023 price after ½
Post by: hugeblack on November 17, 2024, 08:43:19 AM
Quote from: erus on November 17, 2024, 05:44:25 AM
But considering the market available for Litecoin, it is a well-known market, so Litecoin should at least have a green price and continue to rise, at least well-known markets like Binance and Coinbase also believe in Litecoin's performance.
It is not what the market is looking for, so you will not find any interaction with litecoin, but compared to many cryptocurrencies, litecoin is one of the currencies that will remain with us after 10 years, so the best investment would be to invest your profits in buying it at a low price and wait for several years.