Post
Topic
Board Trading Discussion
Re: Sell Litecoin for Bitcoins?
by
avikz
on 04/10/2017, 23:47:54 UTC
Hi all,

I'm kind of a newbie in the crypto-currencies world, but quite fascinated in fact...
I started to create my own portfolio of currencies (small one, 2500€ to start), where BTC represents 20%, and LTC 35% (and some loss, right now :-( )
So, I wonder if I should not trade some of my LTC for BTC

Or buy more BTC if we think it should raise and hold my LTC...

Any thoughts?

Thanks,
Olivier
PS : sorry for any languages mistakes, english is not my first language

Wow, 2500 Euro is not a small amount, at least in my country. But I am happy so see that you understand the need of diversification. I Would not say it is a good idea to sell your litecoin to buy more bitcoins because that entirely depends on your risk taking capability. If you think for long term, then you can go ahead and buy bitcoin by selling a percentage of your litecoin. However, if you have a short term outlook, then you will be disappointed.