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Author Topic: I like litecoin!  (Read 33050 times)

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Re: I like litecoin!
« Reply #45 on: August 19, 2024, 07:54:23 PM »
There are still many people who choose Litecoin because transaction costs are cheap, and I see that the coin still has potential for investment even though it is in a state of stagnation, because maybe Litecoin devs are not making new changes or improving their projects. I also have LTC although only for long term holding and target selling during the bullish season.
Litecoin also has a very large community as it was once expected to replace BTC in the goal of becoming a faster and cheaper payment method. However, LTC has lost its position and is no longer Digital Silver, while BTC remains Digital Gold and ETH is Digital Oil.

If you have LTC in your account, I still wish you a profit from LTC in this bullrun and LTC will continue to grow to regain its position in the market. But the lack of development in technology, marketing, and ecosystem has made LTC less popular and attractive to crypto investors. The emergence of new projects such Solana, Avalanche, Near, Polkadot and Aptos has truly made Litecoin a lagging ecosystem and not the choice for use or investment.
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Re: I like litecoin!
« Reply #45 on: August 19, 2024, 07:54:23 PM »

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Re: I like litecoin!
« Reply #46 on: August 19, 2024, 09:48:55 PM »
There are still many people who choose Litecoin because transaction costs are cheap, and I see that the coin still has potential for investment even though it is in a state of stagnation, because maybe Litecoin devs are not making new changes or improving their projects. I also have LTC although only for long term holding and target selling during the bullish season.
Litecoin also has a very large community as it was once expected to replace BTC in the goal of becoming a faster and cheaper payment method. However, LTC has lost its position and is no longer Digital Silver, while BTC remains Digital Gold and ETH is Digital Oil.

Not sure though if it is expected to replace Bitcoin before. As far as I can remember it was like a small brother to Bitcoin, like a genuine pig. And it being experiment first before something is implemented on Bitcoin.


If you have LTC in your account, I still wish you a profit from LTC in this bullrun and LTC will continue to grow to regain its position in the market. But the lack of development in technology, marketing, and ecosystem has made LTC less popular and attractive to crypto investors. The emergence of new projects such Solana, Avalanche, Near, Polkadot and Aptos has truly made Litecoin a lagging ecosystem and not the choice for use or investment.

Yeah, but not as big though, but it was once a very popular crypto. But as you have said, there is no development, just look at the github repository,

https://github.com/litecoin-project/litecoin

Build was updated like years ago.
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Re: I like litecoin!
« Reply #46 on: August 19, 2024, 09:48:55 PM »

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Re: I like litecoin!
« Reply #47 on: August 20, 2024, 06:06:25 AM »
Whenever I buy crypto with my credit card, I usually buy litecoin from coinbase, which I will then send to an exchange like Binance or Crypto.com.
The low gas fee kind of attracts me.
Which is why I like litecoin!
When compared to DOGE, is Litecoin cheaper to transact than DOGE? The use of crypto transaction fees is very sensitive and we must be observant in seeing cheaper transaction fees. Maybe Litecoin has a fee according to OP but not for me because I prefer DOGE because the fee is cheaper (this is my opinion).
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Re: I like litecoin!
« Reply #48 on: August 27, 2024, 09:53:47 AM »
Whenever I buy crypto with my credit card, I usually buy litecoin from coinbase, which I will then send to an exchange like Binance or Crypto.com.
The low gas fee kind of attracts me.
Which is why I like litecoin!
When compared to DOGE, is Litecoin cheaper to transact than DOGE? The use of crypto transaction fees is very sensitive and we must be observant in seeing cheaper transaction fees. Maybe Litecoin has a fee according to OP but not for me because I prefer DOGE because the fee is cheaper (this is my opinion).
Yes, the transaction fee from LTC is cheaper, this is the reason I often use LTC and TRX for transactions. Doge is a meme coin, although it is popular, I am less interested in transacting using this coin. Because I see that there has been no good movement from Elon Musk.
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Re: I like litecoin!
« Reply #49 on: August 27, 2024, 10:10:06 AM »
Yes, the transaction fee from LTC is cheaper, this is the reason I often use LTC and TRX for transactions. Doge is a meme coin, although it is popular, I am less interested in transacting using this coin. Because I see that there has been no good movement from Elon Musk.

Not the transaction fees but the withdrawal fees of most platforms for LTC seem very cheap.
https://withdrawalfees.com/coins/litecoin
Also, although there are millions of cryptocurrencies, you rarely find a merchant before paying with them and they are mostly used for speculation while LTC will be accepted by some merchants.
So in the long run, there are advantages to LTC that are not available in most cryptocurrencies but they are not the advantages that create value.
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Re: I like litecoin!
« Reply #50 on: September 13, 2024, 11:45:40 PM »
Litecoin, which used to be at the top of the cryptocurrency cap with Bitcoin, has recently dropped a lot in price. Even in the bull run era, LTC didn't develop much. As for this season, is it possible?

Just imagine, its ATH was at $412, now the price is at $64.99, and it has also gone up more than 3 percent. So, it still needs to fight a few more times. I also like this old coin, but the facts that it has still an underrated coin price, it seems that it's very okay to pick this coin as long as our target is for long term holding, or for the next bullrun. Well, will this really happen to reach its ATH again? I don't know why but I doubt of this.

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Re: I like litecoin!
« Reply #51 on: September 19, 2024, 04:38:23 PM »
Litecoin, which used to be at the top of the cryptocurrency cap with Bitcoin, has recently dropped a lot in price. Even in the bull run era, LTC didn't develop much. As for this season, is it possible?

Just imagine, its ATH was at $412, now the price is at $64.99, and it has also gone up more than 3 percent. So, it still needs to fight a few more times. I also like this old coin, but the facts that it has still an underrated coin price, it seems that it's very okay to pick this coin as long as our target is for long term holding, or for the next bullrun. Well, will this really happen to reach its ATH again? I don't know why but I doubt of this.
Litecoin used to be very popular and seen as a perfect alternative to BTC if users wanted a faster and cheaper crypto asset. However, LTC price has been unable to meet investors profit expectations. This has caused LTC to no longer be a popular token in the market. Investors would rather buy BTC for safety instead of choosing LTC with its low potential.

I don't hate LTC but I don't think LTC can reach its ATH in this cycle, unless it gets an impressive upgrade that is praised by crypto media and reaches millions of potential investors. I myself dare not wait for that surprise, I no longer hold LTC in my portfolio.
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Re: I like litecoin!
« Reply #51 on: September 19, 2024, 04:38:23 PM »


Offline LogitechMouse

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Re: I like litecoin!
« Reply #52 on: September 19, 2024, 09:11:13 PM »
Litecoin, which used to be at the top of the cryptocurrency cap with Bitcoin, has recently dropped a lot in price. Even in the bull run era, LTC didn't develop much. As for this season, is it possible?

Just imagine, its ATH was at $412, now the price is at $64.99, and it has also gone up more than 3 percent. So, it still needs to fight a few more times. I also like this old coin, but the facts that it has still an underrated coin price, it seems that it's very okay to pick this coin as long as our target is for long term holding, or for the next bullrun. Well, will this really happen to reach its ATH again? I don't know why but I doubt of this.
Back in the days, Litecoin is what they call as the "SILVER" of cryptocurrency while Bitcoin is the "GOLD" and this is because of the almost same things that both of them have.

Over the years, Litecoin has lost it's spotlight in the top cryptocurrencies and while it's still on thet top 50 right now in terms of market cap, nobody's talking about it anymore ever since Charlie Lee left the team and focused on other things. Litecoin will be one of those altcoins out there that will not surpass it's previous ATH that's for sure. I've seen popular coins like EOS, and IOTA that also didn't surpassed their previous ATH back in 2021, and it will be the same with Litecoin.

I would say though that Litecoin is still a good choice for medium to long term holding since it's established already and has been in the space for a very long time.

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Re: I like litecoin!
« Reply #53 on: September 19, 2024, 11:41:02 PM »
Litecoin, which used to be at the top of the cryptocurrency cap with Bitcoin, has recently dropped a lot in price. Even in the bull run era, LTC didn't develop much. As for this season, is it possible?

Just imagine, its ATH was at $412, now the price is at $64.99, and it has also gone up more than 3 percent. So, it still needs to fight a few more times. I also like this old coin, but the facts that it has still an underrated coin price, it seems that it's very okay to pick this coin as long as our target is for long term holding, or for the next bullrun. Well, will this really happen to reach its ATH again? I don't know why but I doubt of this.
Back in the days, Litecoin is what they call as the "SILVER" of cryptocurrency while Bitcoin is the "GOLD" and this is because of the almost same things that both of them have.

Over the years, Litecoin has lost it's spotlight in the top cryptocurrencies and while it's still on thet top 50 right now in terms of market cap, nobody's talking about it anymore ever since Charlie Lee left the team and focused on other things. Litecoin will be one of those altcoins out there that will not surpass it's previous ATH that's for sure. I've seen popular coins like EOS, and IOTA that also didn't surpassed their previous ATH back in 2021, and it will be the same with Litecoin.

I would say though that Litecoin is still a good choice for medium to long term holding since it's established already and has been in the space for a very long time.
Litecoin is currently losing its popularity not as high as in the past, but in my opinion litecoin is still good to hold so we can't ignore this coin, although don't use a large capital to buy it because there are still other coins that are more potential than litecoin such as solana and BNB. and finally TON also has good movement in the market.

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Re: I like litecoin!
« Reply #54 on: September 19, 2024, 11:59:52 PM »
Litecoin used to be very popular and seen as a perfect alternative to BTC if users wanted a faster and cheaper crypto asset. However, LTC price has been unable to meet investors profit expectations. This has caused LTC to no longer be a popular token in the market. Investors would rather buy BTC for safety instead of choosing LTC with its low potential.

I don't hate LTC but I don't think LTC can reach its ATH in this cycle, unless it gets an impressive upgrade that is praised by crypto media and reaches millions of potential investors. I myself dare not wait for that surprise, I no longer hold LTC in my portfolio.
I still remember that LTC was one of favorite altcoins. Unfortunately, there is no innovation from the developers on this altcoin. So, it decreases a lot its value and many people leave LTC. For now, I don't know that LTC is still one of the good alternatives of our investment. Even if it is still in the top 20, it seems having no big progress. Yes, because it is not popular anymore, people prefer to choose buying other top altcoins or buying Bitcoin.

I am also the same as you. I don't hate LTC but I prefer other coins for a long term holding. As investors, we have the right to choose the most potential coins. LTC seems no longer a part of most potential coins for holding a long term now.

I would say though that Litecoin is still a good choice for medium to long term holding since it's established already and has been in the space for a very long time.
Its ATH was $412 and the current price is around $65.
Since it is very far from its ATH, I personally doubt to hold this coin for a long term.


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Re: I like litecoin!
« Reply #55 on: October 06, 2024, 10:39:18 PM »
I would say though that Litecoin is still a good choice for medium to long term holding since it's established already and has been in the space for a very long time.
Its ATH was $412 and the current price is around $65.
Since it is very far from its ATH, I personally doubt to hold this coin for a long term.
When you are hesitant to save a coin, it is better to avoid that coin than to follow other people. It is better to save coins that have good price movements and always provide profits in the short and long term.

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Re: I like litecoin!
« Reply #56 on: October 24, 2024, 11:11:08 PM »
Back in the days, Litecoin is what they call as the "SILVER" of cryptocurrency while Bitcoin is the "GOLD" and this is because of the almost same things that both of them have.
The glory days of LTC, even because I love it so much, I still hold that coin that I bought before the 2021 bullrun. Ahha this is funny, because my hope for take profits on LTC turned out not to be implemented, in fact the price of the coin at that time could not rise that much and had dropped to the bearish era. meaning, until now I still hold because there is no other choice.

there are several old coins that I still faithfully hold until now, not because I am so loyal, but because there is no other choice but to hold, rather than selling now, I will lose a lot. And is it possible that one day LTC can really rise again and optimize its potential? while the project itself is like a dead end.

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Re: I like litecoin!
« Reply #57 on: October 24, 2024, 11:41:11 PM »
Litecoin, which used to be at the top of the cryptocurrency cap with Bitcoin, has recently dropped a lot in price. Even in the bull run era, LTC didn't develop much. As for this season, is it possible?

Just imagine, its ATH was at $412, now the price is at $64.99, and it has also gone up more than 3 percent. So, it still needs to fight a few more times. I also like this old coin, but the facts that it has still an underrated coin price, it seems that it's very okay to pick this coin as long as our target is for long term holding, or for the next bullrun. Well, will this really happen to reach its ATH again? I don't know why but I doubt of this.
For now I do not invest and hold litecoin for the long term, sometimes buy and sell litecoin for short and medium term trading because it seems that litecoin's popularity is decreasing because there are many new coins that are more potential such as solanan and TON.
I see litecoin's performance is not good but it still has the potential to provide profit for trading.

Offline SamReomo

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Re: I like litecoin!
« Reply #58 on: October 24, 2024, 11:53:25 PM »
When you are hesitant to save a coin, it is better to avoid that coin than to follow other people. It is better to save coins that have good price movements and always provide profits in the short and long term.
I believe LiteCoin is a good coin and it can show some great movements in future. it's one of the least volatile coins but surely it will form a new ATH either this cycle or next cycle. The ones who don't like this coin can choose other coins without any issue but this one isn't a bad choice either.
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Re: I like litecoin!
« Reply #59 on: January 24, 2025, 10:17:57 PM »
There are still many people who choose Litecoin because transaction costs are cheap, and I see that the coin still has potential for investment even though it is in a state of stagnation, because maybe Litecoin devs are not making new changes or improving their projects. I also have LTC although only for long term holding and target selling during the bullish season.
Litecoin also has a very large community as it was once expected to replace BTC in the goal of becoming a faster and cheaper payment method. However, LTC has lost its position and is no longer Digital Silver, while BTC remains Digital Gold and ETH is Digital Oil.

Not sure though if it is expected to replace Bitcoin before. As far as I can remember it was like a small brother to Bitcoin, like a genuine pig. And it being experiment first before something is implemented on Bitcoin.[/quote]
Litecoin was thought to replace Bitcoin in terms of fast and cheap transactions, not topping Bitcoin the other way around as the king of crypto.

Litecoin hasn't become that popular to compete with Bitcoin even though it is known as one of the old coins and has its own 4 years of halving season that helps in its price increase after many months

 

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