Litecoin worth a look

in eth •  4 months ago 

I am not a believer in Litecoin. Fundamentally I don't see why LTC needs to exist next to btc, its a mere copy with faster block times.

This chart hower looks to provide one of the better possible entry points.

snip.JPG

There are many altcoins that seem to be at a turning point.

Litecoin is one of them.

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Fundamentally I don't see why LTC needs to exist next to btc, its a mere copy with faster block times.

To me this says why do we need BTC. Honestly being first doesn't mean it has a place with higher fees and slower blocks. Personally I prefer to move money around in LTC over BTC. I also like to take advantage of the price disparity that normally is there between exchanges.

Either way I think it's a smart alt coin to own at least some of if you have a portfolio of coins.

#sbi-skip

I use Dash for the this job (or ETH when Dash is unavialable) Coinbase confirms Dash deposits in 5 minutes and some exchanges support InstantSend which means you can trade as soon as you hit send from the other end. But these tend to be low volume exchanges.

Greetings dear friend @knircky.

Being launched in October 2011 Litecoin is one of the oldest cryptocurrencies. We must not forget that Litecoin is a fork or “fork” of BTC, so they are very similar although it has a shorter block generation time (Approx 2.5 min) so the transactions are approved faster.
We cannot forget that Litecoin also has lower transaction fees than Bitcoin.

Your friend, Juan.