So as the Bitcoin is going up like crazy fast so is Ethureum, I wonder if it is worth investing in Litecoin the Bitcoin's Alt.
It currently is worth $56.82 and seems to move up when ever Bitcoin inflates.
What do you think it is worth investing in Litecoin?
Is it because you read up on the coin, know the benefits it offers over BTC or ETH, other coins, or have you read one of the many of positive articles circulating at the moment about cc; and want to jump head first into it?
You need to be relatively confident in an investment, even if its a modest one otherwise, you will get into a cycle of panic selling the second it partial drops in value.
Also what are you looking to do? Buy coin and hold for the long term or practice a little day trading?
The best time for buying LTC?
- Probably right now, as there has been quite a number of positive developments for Litecoin, with soontm utilisation of Lightning network (Super fast, cheap transactions); I am confident that we will see a strong price rise sooner rather than later.
Important
I can not stress the importance of researching things for yourself and forming an independent picture instead of following the crowd.
I am quite strongly invested in LTC, along with a lot of this subreddit; so you must take our advice with a pinch of salt.
Read up, reassure yourself we are not snake oil dealers and then hop on board!
Please coment your point of view on this below.
