Quote from: onrise on Today at 01:39:57 PM

Quote from: rawdog11 on October 12, 2020, 01:01:13 PM

Quote from: toast on October 09, 2020, 06:19:03 PM

what could be the best bankroll coin to invest with? i'm currently afraid on investing to litecoin bankroll since the last time a user almost swept the litecoin bankroll but their ltc investment of 35% on commission is a great promotion and seen that they have extended it to december.

Hard to say, LTC typically has the most action on it and therefore has the highest chance for gains (and losses as you point out). I personally recommend diversifying, so spreading out among all the coins. That mitigates some of the risk because then you can't lose all your investment.

Example: you have $300 to invest, so you put 100 into BTC, 100 into LTC, and 100 into doge. If someone comes and wipes the LTC bankroll you still have the $200 from BTC/doge. Whereas if you put all of it in on one you have no other investments to help balance out any hits.

Perfectly said for LTC because it has hit the hardest if you remember couple of months back when a whale almost cleared the bankroll and had invested in LTC so the ROI fell by 90% and after that it had recovered a bit but still 84% in a loss. That is the way the investing in bankroll could turn out some time you gain profits and at times you need to bear those losses if the whale is lucky enough to win such big amount.
Expecting some recovery to happen by Dec 30 as commission on LTC is at 35% instead of previous 50% will help users to recover from it.

I agree with you that LTC will start picking up momentum later on towards the end of the year not only because of the numbers suggested above. But in addition to that the LTC team is also testing their payment system which is said to be helping with the recovery. In any case, the fact that BTC is slowly growing would probably mean that LTC might also show improvements, though this isn't 100% guaranteed.