616
Litecoin Forum / Re: Now is the best time to purchase Litecoin.?
« on: May 02, 2024, 10:29:22 PM »The whole crypto market has crashed. Sadly the market has deteriorated a lot. The price of every coin has gone down. At the same time, the price of Litecoin has gone down a lot. So far, the price of Litecoin has dropped to a low of 162.47 dollars. Where we saw Litecoin crossing 410 dollars.I believe the crash that happened to Litecoin was the crash of price that happened around 2021 when bitcoin and other altcoins reached their ATH and began to experience a price decline, months later after their ATH.
So I guess, now might be the best time to buy Litecoin.
If you have a difference of opinion, you can express it without hesitation.
I believe, there are investors who might invest in Litecoin because they thought that Litecoin would cross $410 again after it got reduced to $162.47 as of January 2021 when this post was made. While they didn't know that it wouldn't be so, and Litecoin wouldn't skyrocket to a higher expected price again till when another bull run will take place. Which we are expecting it to be between this year and next year when a higher price of $600-$1000 can happen.