Hello everyone hope you all are enjoying the bull runs of the Cryptocurrency markets which had been judged after a long time. As btc is touching heights of success most of the people are making huge profits out of it. Even i made a profit of 500 dollars and i am grateful for it. Hope you all achieve your target soon.

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My Most favourite Cryptocurrency ( Litecoin)

Firstly some information about Litecoin . Litecoin holds 7th position under top 10 Cryptocurrencies .

Reasons why Litecoin is my most favourite Cryptocurrency

• Transaction speed of Litecoin is faster comparatively .
• It holds good position and comes under top ten Cryptocurrencies
• Highly profitable in long run.
• Good coin to hold in Cryptocurrency investment

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History of Litecoin

Litecoin was launched in 2011 by coinbase engineer Charlee Lee and according to the report of coindesk Litecoin creates blocks every 2.5 minutes which is faster than bitcoins.
So holding it for a long term is beneficial.

Reasons for Choosing Litecoin as my long-term investment

The transactions of litecoins are cheaper and faster and so as reffered it's a digital silver for me.

It has a long-term growth potential.

As following the trend analysis profits can be earn even from its volatile movements but sometimes it's risky for newcomers in the Cryptocurrency markets.

Holding period of Litecoins of mine

In the middle of 2018 i came to know about Litecoins and had a detailed study about it since then i had a holding in this coin. Today my investment in Litecoin is approx 200 dollars.

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Current Performance of Litecoin

Currently according to the past prediction of mine of Litecoin reaching above $80 litecoin is performing well .In the event of another extended breakout, Litecoin would likely test the second major resistance level at $97.85. The 62% FIB of $100 would likely cap any upside, however according to daily tech analysis src
Current market capitalisation $5,320,424,499 USD
287,168 BTC ,Volume $5,947,799,171 USD
321,031 BTC
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Future Prospects of Litecoins
Litecoins definitely has a high potential and a huge growth in future so one must hold it for long-term investment as it has a good future . So i will prefer to hold it till my target is achieved

Others Cryptocurrencies that should be bought for long-term investment purposes

Other coins according to me are Xrp , Bitcoins , Moneros and sia coins as they have a bright future and can give 10times profit in future . I would definitely like to hold these coins .

Note: These are my personal opinion on the above coin and there is no future guarantee of these coins performance . So one must do their own research.

Cc
@steemcurator01
@steemitblog
@steemcurator07