Post
Topic
Board Speculation (Altcoins)
Re: Litecoin halvening price speculation?
by
DmitFomin
on 15/07/2019, 08:41:44 UTC
Strange decision. Halving usually pushes the cryptocurrency to grow, as the commissions for the miners are cut. We can wait for the bull run, and for the Moonrise of Litecoin, and there is no one reason to sell this token now, moreover, it is in the top-5 for many years. We can wait that this token will reach 150 dollars this year. It seems to be a reality.
In fact, I am also surprised that people sell coins before halving, because if you look at the last halving Llitecoin, which occurred 4 years ago, you can understand that as a result of this event, the price of a coin has increased 2 times. Therefore, now many investors are trying to buy LTC before halving and to profit from the price increase, which is most likely to start growing after halving.