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Are you buying litecoin for the next halving?

  • Thread starter Thread starter Chibson
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Chibson

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Historically, litecoin halving always brings about surge in its price even in the midst of bear season.

I have been thinking of investing some money in LTC hoping that it would double or triple in price because its halving is less than 100 days from now.

Fundamentally, it seems that litecoin is the surest cryptocurrency to invest in at the moment.
Have you invested in or are you thinking of putting some money in LTC?.
 
Currently I have some Litecoin earned from certain online sites, I know that the halving is in August of this year, and maybe can act as a catalyst in the price for a while, but maybe given the market in which we find ourselves it may have a rise for a few weeks and then descend to levels similar to those it was before, anyway I will try to benefit from any movement.
 
riberet19 said:
Currently I have some Litecoin earned from certain online sites, I know that the halving is in August of this year, and maybe can act as a catalyst in the price for a while, but maybe given the market in which we find ourselves it may have a rise for a few weeks and then descend to levels similar to those it was before, anyway I will try to benefit from any movement.
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Nice, I'm not looking for 5x or 10x from any cryptocurrency yet. 2x or 3x from litecoin will help me with more capital to DCA in other cryptocurrencies. I hope history repeats itself.
 
Probably not. I purchased some Litecoin last year on PayPal, but cashed out when I lost like half my investment. I don't see it going up too much anytime soon. If it did, it would have happened by now I feel.
 
Grant said:
Probably not. I purchased some Litecoin last year on PayPal, but cashed out when I lost like half my investment. I don't see it going up too much anytime soon. If it did, it would have happened by now I feel.
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Sorry for your loss, patience is always very important and necessary in cryptocurrency. I think you will probably sold early that was why you lost your money. Litecoin is one of my most trusted cryptocurrencies and I do not mind holding for a very long time.
 
As we all knows it have halving event every 4 years means we can see this year sometime in August and I think it will help to see price goes up so if you have some fund than best thing to buy it now.
 
Chibson said:
Nice, I'm not looking for 5x or 10x from any cryptocurrency yet. 2x or 3x from litecoin will help me with more capital to DCA in other cryptocurrencies. I hope history repeats itself.
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Yes, It can probably exceed $ 120 or even make an x2, with that I would also be more than happy sincerely, I think it is not the time yet to see very crazy revaluations even if there is a halving, since the market is in really uncertain and not in very favorable conditions.
 
riberet19 said:
Yes, It can probably exceed $ 120 or even make an x2, with that I would also be more than happy sincerely, I think it is not the time yet to see very crazy revaluations even if there is a halving, since the market is in really uncertain and not in very favorable conditions.
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Definitely, the level of uncertainties in the crypto-currency market is high as a lot of countries around the world are facing economic challenges. But I believe the time of uncertainty is probability the best time to DCA.
 
I am still learning so much myself when it comes to Litecoin but the more I read the more I understand it.

I have been seeing a lot of talk about Litecoin and it did have me wondering if maybe it may be worth investing in it anytime soon.

Will be keeping an eye on it for sure.
 
Chibson said:
Historically, litecoin halving always brings about surge in its price even in the midst of bear season.

I have been thinking of investing some money in LTC hoping that it would double or triple in price because its halving is less than 100 days from now.

Fundamentally, it seems that litecoin is the surest cryptocurrency to invest in at the moment.
Have you invested in or are you thinking of putting some money in LTC?.
Click to expand...

Definitely I am looking forward to investing more in litecoin and even bitcoin when this happens next year because it is one of the greatest opportunity to take advantage of what goes on in the market and invest more in order for you to make profit.
 
Litecoin is a popular crypto for making payment, transactions are fast and cheap. However, I do not think it is a good investment as a lot of coins that are newer than litecoins shoot up yet litecoins never went too high. However, I do believe there will be some improvement after the halfing. I might buy some litecoins.
 
I would actually say that instead of investing in coins that you don't have much confidence in their projects, it is going to be far more better for someone to invest in litecoin because it is an already well established cryptocurrency that you know you will not have any problem with.
 
Two days ago there was the halving of Litecoin, the price has remained more or less stable but previous weeks there have been pullbacks, as usually happens before an event of this type, hopefully in the coming months there will be a reaction from the price of Litecoin, in fact it is likely that institutions continue to accumulate right now.

Right now I consider that the price is relatively cheap to continue accumulating.
 
A lot of people are investing in buying Litecoin now because everything with analysis supports what's going to happen soon with the bullish market under the radar. It's why a smart cryptocurrency investor buys more now there's a bearish market even though it looks like Litecoin price is stable. The way price is going to spike with the return of bullish market, those who didn't accumulate more will be caught off guard.
 
I really don't think that the halving would be as great as we'd imagine but then again, it wouldn't be a problem to just give it a trial as the cryptocurrency market itself can't really be predicted. I am betting on the Binance coin though.
 
I am ready to buy all the cryptocurrency that was popular 2 years ago, because I have a feeling that these crypto-projects have quieted down before the halving and then unexpectedly grow and bring big profits to the holders
 
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