Seven good reasons to invest in Litecoin in 2018

There are a lot of options and places to put your money in the crypto world at the moment. Let me tell you why I think Litecoin is a good bet.

1.) It has been around awhile, Since 2011. Increasing it's odds of staying around.

2.) Relatively low supply. 55 million in circulation and 84 million max supply. If we see a large jump in the market cap price will go soaring.

3.) Strong Development team and leader Charlie Lee. Whatever you have to say about him, he is dedicated to this project and the team is concerned with advancing there tech, not just pumping price. Slow and steady wins the race.

4.) Fast Transactions and low fee's.

5.) It's Cheap! Currently under $200 and has been steady around 1/16th the price of Bitcoin. I believe Litecoin is not currently over valued as a lot of other coins right now. Many believe Litecoin could be worth 1/4th that of Bitcoin putting its value around $3000, currently.

6.) More and more retailers are looking at Litecoin as a viable option. If one large online retailer was to accept Litecoin, such as Amazon, that would go a long way in boosting up the evaluation and leading price discovery. Rumors are circulating of just that happening this year.

7.) It is currently on a dip. Hey if you can buy low and sell high you are golden! I find that a difficult thing to get right so Hodling is always a good plan. At least for a few months if not a year. I can't tell you how many times I have missed out on big gains by not being patient or moving money around two soon.

This is not investment or trading advice, just my humble opinion.

Thanks for reading. Much Love,

Calico Jack