LITECOIN HAS SURPASSED ITS ALL TIME HIGH AT $62+! Why DenoxBlogger is HEAVILY invested on Litecoins?
Good day everyone, so I was at church this morning praying. When I took my break, I checked my coinbase app on the phone and see its at $58 per Litecoin... I am like.. WHAT?!!! That's crazy... an hour later I checked again, now it reached over $60!
Funny thing is that when I saw the $58 mark, I said in my mind: (I wonder if it will reach $60 today...)
AND IT DID! It seems now is the time for Litecoin to move up!
Now we really should be watching the move on Litecoins carefully. What could be causing this sudden uptrend? I am not exactly sure but my guess is that the Korean Exchange: Bithumb must be buying the living crap out of Litecoins now like they did with Bitcoin, Dash, Ripples, Ethereums and Moneros:
I currently have 9 Litecoins holding and keeping a close eye on this upward trend that is going on here. I do not know up to what amount it will reach but if this keeps up, it will only be a matter of time till the value of Litecoin becomes $100 and the Koreans sees how valuable Litecoins will be in the future.
Now I have been investing on Litecoins since late June 2017 and the reason why I continue to invest on it because I see a huge potential in Litecoins going forward. Especially it having Segwit activated far before Bitcoin this year. The transactions speed is about 2.5 seconds to send money from one place to another while Bitcoin is around 10 seconds.
Plus Charlie Lee, the creator of Litecoin name this "The Silver to Bitcoin's Gold" which makes sense. Since Litecoin's logo is all silver like you can see down here:
And he left Coinbase early this year to work full time on Litecoin :) So he is working harder than ever before to get Litecoin out there in the mainstream. Will it reach $100 soon? Only time could tell, I suggest you keep an eye on this. This is the trend of Litecoin happening within the last month:
And I strongly believe Litecoin will continue to grow in the years to come, almost no one I have seen online that talks about Litecoin has anything really bad to say about it. $62 being the value now its still very undervalue for the technology within it but that just mean we can still continue to buy in the lows and hold to them coins until it goes to the really highs.
I plan to hold my Litecoins for the next several years to see how this goes. If there is a potential to retire early with this investment, I am gonna continue to wait.
Like they say: "Slow and steady wins the race! Good thing comes to those that wait!"
Anyways that's all I have to say about this post and until next time, take care, God Bless and stay cool!