What's going on with Litecoin? Shall we invest?/¿Que esta sucediendo con el Litecoin? ¿Deberiamos invertir en el?
As we can see the price of Litecoin has been increasing in the last day, this is due to the latest reactions of the Chinese market and the hand of whales who have been bidding the market to make the value of this currency to increase.
In my honest opinion, currently this market is very volatile and you have to be extremely careful, I would not recommend a long term investment for now (until the market stabilizes) .On the other hand if we have the time and we can be attentive to the changes of the market , We can make a good profit with the so-called daytradig, But when we finish our trade process, I suggest leaving everything in BTC, since just as the LTC had a sudden increase in value, its decrease can be the same.
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Como bien podemos observar el precio del Litecoin ha estado en aumento en el ultimo dia, esto se debe a las ultimas reacciones de el mercado chino y a la mano de ballenas que han estado pujando el mercado para que el valor de esta moneda incremente .
En mi honesta opinion, actualmente esta muy volatil este mercado y hay que tener extremo cuidado, no recomendaria una inversion a largo plazo por ahora(hasta que el mercado se estabilice. Por otro lado si tenemos tiempo y podemos estar atentos a los cambios del mercado, podemos hacer unas buenas ganancias con el llamado daytradig, pero eso si, al terminar de hacer nuestro proceso de cambio sugiero dejarlo todo en BTC, ya que asi como el LTC tuvo un incremento repentino de valor, su decenso puede ser igual.
I'm a big fan of LTC. I been mining it since it was GPU mineable. I think it will go to $50 short term and $100 by the end of the year.
My concern with keeping portfolio in BTC is the uncertainty of the upcoming USAF. I think the BTC markets will be spooked as Aug. 1st get closer. Many people will get into alts as a hedge. But once Aug. 1st. Passes and the block size is increased BTC will spike and alts will take a temporary hit. Let's check back Aug. 2.
I just wrote this post using the esteem app. So far so good.
I wasn't taking care of the upcoming USAF, and u're certainly more aware than me, and if what are you saying is right, i guess that the best option is to make profit as i said in daytrading, and then keep everything on ltc, what do you think?
Im not a day trader. I like to hold longer and do swing tades. As the UASF date approaches Im going to decrease my BTC holdings and get into more into LTC, ETH, STEEM and other Alts.
Yeah and maybe some people are buying litecoin untill the bip 148 is over.
Very good article. Good to see I'm not the only one who thinks like this. In my opinion blockchain is here to stay. A proper investment for the long term. I was researching a way to find more info about the current cryptocoins on the market. Does anyone know about: https://www.coincheckup.com The site lets you check all there is to know about the team, product, communication transparency, advisors and investment statistics on every crypto. On: https://www.coincheckup.com/coins/Litecoin#analysis To see the: Litecoin Investment research report.