Post
Topic
Board Trading Discussion
Re: Cryptocurrency Huge Down from ATHs. what will happen the next ?
by
beerlover
on 15/09/2022, 21:04:24 UTC
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
That is the point, Litecoin doesn't go down to nothing, it stays and as long as it keeps on staying at these levels on ranking, the price will keep on rising more and more. People may not understand whats so special about it since there are better blockchains invented, but bitcoin has been pretty similar to how it started out and it is still number one.

So, what matters is not the tech (of course that matters too) but more about consistency and Litecoin has been profitable for us for so long that I doubt people would really mind if it started to go up, people would probably say they expected such a thing and buying now and waiting for a very long time could yield such a huge profit.