Post
Topic
Board Speculation (Altcoins)
Re: LiteCoin or ETHEREUM? Best Investment option.
by
Cnut237
on 17/09/2019, 07:39:17 UTC
After Bitcoin, LiteCoin & ETHEREUM made my shortlist for an investment option.

ETHEREUM - My Main concern is Supply is a little bit high & Price is already over $150 which is -1 point against LiteCoin.

LiteCoin - supply is less than 64M & price well under $70.

Which one you would choose for long term invest & Why?



I would go with ETH because it has the most potential of any alt out there (in my opinion). Smart contracts can transform the way that the economy functions. It is one of the strongest use cases that crypto has.

As an aside, I don't understand the direct price comparison that people make sometimes, e.g. coin A costs £50 but coin B costs $100, so coin A is better to buy. Not sure if you're making this point here, but I don't get it. The price of a coin means nothing without also considering its supply. As an extreme example, if coin A above has a supply of 1 billion coins, but coin B has a supply of 1 million, that makes the $50 coin A huge, whilst coin B is the low cap underdog that offers the potential for growth. Switch marketcap the other way, and positions reverse. Price alone means very little.