Post
Topic
Board Speculation (Altcoins)
Re: Should I buy BItcoin or Litecoin
by
Finalfantasy2
on 13/08/2018, 11:02:05 UTC
The fact you ask here might be biased but do remember more coins bought=more profit if the price were to skyrocket...diversify though also.


This is a fallacy, profit comes from the percentage increase in the coins value. A lower price coin doesn't make it any more likely to moon. A lower market cap coin has a higher chance to moon since it doesn't take as much capital inflow to move the price.

To answer op question I would diversify into both coins but what I hear you asking is what coin offers most value at today's price. Bitcoin has taken a huge jump recently and it may be due a correction whereas litecoin has been moving sideways and could break out soon.

However, asking a litecoin Reddit is likely to yield a skewed response.