Litecoin creator Charlie Lee sold all of his holdings in December last year. Hes now regretful about his decision but thinks this was the right long-term move as he tried to make Litecoin a truly decentralized cryptocurrency.
Litecoin has lost more than half of its value since its peak times, but here are some indicators that this cryptocurrency is poised to reach new highs.
What is your idea?
Well, it's obvious litecoin has suffered a lot from the recent crash in the market but it is not the only coin that is going through that, what we need to ask ourselves is if litecoin is still a decentralized currency that can be used to buy products and different services? And the answer to that is a yes so I really think that litecoin is going to recover and go even higher once the negativity in the market goes away.