I'm Feeling Litecoin

in #cryptocurrency7 years ago

I am uncertain on the future of Bitcoin at the moment. I am still collecting Bitcoin everyday and I always have high hopes for it in the long run. However, with the issues that it is having with scalability and difficulties with Segwit activation, I am seeing Litecoin as a really good investment. Segwit 2X just hasn't given me a good vibe beings it is closed source. Litecoin seems under valued in my eyes and I really want to get my hands on more of this digital silver. I will continue to collect both coins because I don't have crystal ball and cannot predict the future.

Usually, at the beginning of every month, I usually purchase some Bitcoin from Coinbase and either hold it or use it to purchase hashpower. At the beginning of July, I will be purchasing as much Litecoin as I can afford for a long term hold. I have a goal to obtain at least 100 Litecoin and at least 2 Bitcoin. In my opinion, if something were to go wrong with Bitcoin and Segwit 2X, Litecoin is the next coin that people would flock to. I'm thinking that we could be seeing new all time highs for Litecoin really soon.

I haven't made a video nor purchased any upgrades for my mining contracts in a couple of days. This is mainly because I have started school again and have been really busy and I am trying to increase my holdings without reading "use my code, use my code" in the comments section lol. I am also wanting to hold out in hopes that the Litecoin contracts will return on Genesis Mining and I don't want to send anymore Litecoin or Bitcoin at the current prices.

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Yes me as well think that litecoin still undervalued compare to bitcoin and ethereum !!

I believe you cant go wrong with litecoin if you are willing to play the long game

I am right with you on the LITES........KABOOM and stay Positive!!!

I have some Litecoin in my portfolio. It's a long term hold. Honestly, I consider it just a better version of Bitcoin.

I agree with that statement

feelin it too xD
take a look at hashnest, here you can also sell your mh/s for ltc (market) if you like to (at any time), mining @ 3-4%fee ;)

Litecoin will probably always be bitcoins proving ground, like it is with segwit. Surpassing btc though i dont believe is possible.

@cromedome , bro, I am telling you LTC is was under rated, as everything rises, all the attention goes to BTC, ETH, DASH growing , how Ripple is being changed, classic, list goes on and on. But Litecoin keep up when the big dip last week, then hovered, now it going right back up. Right now I have a lot of ETH I got cheap, and tons of ETH contracts on GM. Not big on the BTC

I got 50 LTC that backs me believing in it haha, lets hope for a boom boom!

Good points in this blog. I fully understand what you're talking about. It's surprising how much uneducated investors the crypto space has. You still see people invest in this shady and scammy coins. We do need more indept investment analysis. I found this great website: https://www.coincheckup.com They seem to give this complete indepth analysis of all cryptocoins. Sorted by team, product, company, advisors, previous investors, etc. Check: https://www.coincheckup.com/coins/Litecoin#analysis For the Litecoin Analysis.

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