Re: 5 Reasons to NOT Buy or Mine Litecoin LTC in 2019/2020 | Profitability 2019
Litecoin was always a scam and that hasn't changed, scammers tried to scam people this year and litecoin price hit $140 and now $70. I would stay away from it.
Yea for sure. Did you hear about that other scammy coin called bitcoin? They scammed people into buying it at 20k and now its only 10k...would definitely stay away from that as well.
Dont even get me started on Ethereum...scammers got people to pay 1400 for it and now its only 200 LOL.
The difference between a scam and a not scam coin is the speculative tech value and litecoin has no tech value whatsoever, bitcoin is no different although it has name, was the first and people got used to it, and ethereum is the only coin at moment that offers the highest speculative tech value. It's easy to see scam coins going up and then crashing hard down like ltc has always been, it rises fast and crashes fast. Now a coin like eth with the highest speculative tech value, people think many times before selling it, yes it crashed like all coins but it is the only coin that will rise fast once this start going up again. Well, you will see.