Post
Topic
Board Trading Discussion
Re: Cryptocurrency Huge Down from ATHs. what will happen the next ?
by
smartaction
on 15/09/2022, 12:30:55 UTC
Litecoin has very low growth compared to all out coins in the market . I have seen this for a long time . So I'm not motivated to invest in Litecoin but I occasionally buy Litecoin for a while to pay someone or to transfer my funds from one exchange to another because Litecoin transfers always have low gas fees.
Although Charlie have spoil the reputation of litecoin the year he make a public announcement about selling his hold but understand this, a coin not making a huge pump in price doesn't mean it is not good for an investment, and what is important is the altcoin's longevity. The last time Litecoin appear to be making steady price growth which is better than an overbought altcoin that will pump and dump hard.
Litecoin is still far down from its ATH . Which is much more compared to other coins . So investing in Litecoin for long-term holding would be a very smart move. And for long-term investments, it wouldn't be bad if Litecoin is listed now along with Bitcoin, Ethereum. Investing in Litecoin will be as profitable as safe long-term . So I'm thinking now to save some litecoin for future