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RE: On the prospects of jumping into Litecoin for a long term investment – 13th June 2017
I was looking at light coin when it was $3 and am kicking myself for not buying then. It is something that you can buy .5 of a coin for about $25 or so, and it is faster then Bitcoin. yes a good hold. Some people think that it should be at $1000 based on bitcoin yes its should be several times higher. Its always ab better buy on a pullback.
Yeh, everyone has the opportunity of buying something at a bargain, but not everyone has the wit to accept it, and really put their money into something while it was still a bargain. I recently met someone who bought BTC at $2. If he could do that, then why can't we buy LTC, DASH, Monero, or ETC at $2?
I told my friend that LTC has the potential to outperform BTC (purely in terms of monetary gain) too, but unfortunately I think he rejected the idea.
Yes it's hard when people don't listen. You just need to focus on yourself and making the best trades that you can. In the end you will have cash and he wont. I remember giving a friend advice to buy at least one ounce of silver. He mad so many excuses. The person with the money makes excuses to do the correct action.
Yea, we cannot make other people to choose our path, so the best we could do is probably be the role model.