Litecoin vs Ethereum vs Bitcoin who wins?
Of course I can only speculate as to who will be the winner in the crypto currency world. As far as Bitcoin goes, it is the most well know crypto currency. I believe amateur investors just starting in crypto currency trading are likely to buy Bitcoin. Bitcoin is the Coca Cola of crypto currencies. Now is it the best? Not necessarily, but name brand recognition goes a long way. I do think Bitcoin's name recognition alone means it is here to stay. Bitcoin's problem is that it is too expensive and going higher. Many people don't understand they can buy a sliver of Bitcoin, and they don't have to buy a full one either.
Now Ethereum has a different issue. It soared to $400+ and then it fizzled back into the mid $260 range. Who wants to buy something that has had such a drastic pull back? Bitcoin users experienced the same thing before it moved upward. I think Ethereum is just taking a break before it begins the last leg up.
Then you take Litecoin which I believe is the shining winner. Who doesn't like a good deal? Litecoin can complete transactions four time more quickly than Bitcoin. Litecoin has been around long enough to suggest it is here to stay. Litecoin's price point of $50 makes it more attainable and appealing to the masses. Coinbase CHOSE to add Litecoin to its platform out of at least 100 possible crypto currencies. I assume someone knew what they were doing to chose Litecoin. Now the only things is to get and hold some Litecoin before it goes to $250.
What are reeeeeally interesting though are the cryptos that have a SUPER useful platform behind it. Ethereum kinda does, but it's nowhere near as awesome as Steem. That's what's so crazy, is this platform, and this crypto could come out on top! And the beauty is, the more people POWER UP their steem, the more powerful Steem will become, and it will just make everything better. Really exciting times we live in! But, if you're going to invest in cryptos which are mainly JUST a cryptocurrency, I HIGHLY recommend Litecoin and Dash! Thanks for this post!
Interesting article. Really appreciate you bring this to our attention. Blockchain is here to stay, therefore we shouldn't look at what most people invest in but in the real quality projects, with great teams, management and a great product. Some people are still investing in "an idea". Is an Idea worth 100m+ USD to you? I really advice people to take a look at: https://www.coincheckup.com This site lets you check investment stats, And does a complete background analysis for every single coin. That's tradable on the market.