How did you build your crypto asset

[Sincerem]

litecoin has been in existence for a very long time and that has made it to become one of the most trusted cryptocurrencies. A lot of people prefer to use it for transactions because of its fee is one of the lowest. I don't fancy investing on it though.

I know it has been in existence for a long time but we should just see the price increasing to almost $400 . In that case we can consider it to be a cryptocurrency with a healthy volatility and value .

 

[Chibson]

I know it has been in existence for a long time but we should just see the price increasing to almost $400 . In that case we can consider it to be a cryptocurrency with a healthy volatility and value .

Of course, it will probably reach that price range in the next bull market. generally cryptocurrencies that copy the name of others actually do not meet expectations. The same thing with ethereum classic.

 

[Sincerem]

Of course, it will probably reach that price range in the next bull market. generally cryptocurrencies that copy the name of others actually do not meet expectations. The same thing with ethereum classic.

This seems to be true because all cryptocurrency that Is created out of another cryptocurrency seems to have a lesser value like bitcoin cash too. But I believe the case of Litecoin should be different.

 

[Chibson]

This seems to be true because all cryptocurrency that Is created out of another cryptocurrency seems to have a lesser value like bitcoin cash too. But I believe the case of Litecoin should be different.

Yes, litecoin is quite different because it was not created out of another cryptocurrency. It is a cryptocurrency that has been in existence for a very long time and therefore it is trusted.

 

[Sotherefore]

When I have $10 sometimes I will always like to invest it in my favourite crypto-currency. It all depends on the type of cryptocurrency people may be interested. Gradual investment in the only way out .

 

[Sincerem]

Yes, litecoin is quite different because it was not created out of another cryptocurrency. It is a cryptocurrency that has been in existence for a very long time and therefore it is trusted.

It is trusted but the fact is that I am not happy with the volatility of this coin . It has existed for a very long time , normally in this case we should be seeing it at the price of about $1000 now.

 

[Chibson]

It is trusted but the fact is that I am not happy with the volatility of this coin . It has existed for a very long time , normally in this case we should be seeing it at the price of about $1000 now.

You need to understand that it is not every cryptocurrency that will do well. Lite coin for example will take a long period of time before it can even reach up to $800.

 

[Sincerem]

You need to understand that it is not every cryptocurrency that will do well. Lite coin for example will take a long period of time before it can even reach up to $800.

Then in such we shouldn't consider to invest in it for long-term purposes because any cryptocurrency that will definitely take a long time to give reasonable result should be abandoned. There are more potentially volatile cryptocurrency out there.

 

[Chibson]

Then in such we shouldn't consider to invest in it for long-term purposes because any cryptocurrency that will definitely take a long time to give reasonable result should be abandoned. There are more potentially volatile cryptocurrency out there.

Litecoin is the kind of cryptocurrency that will continue to give you profit when you follow some procedures. For example if you invest on it right now in this current bear market then you will probably make profit in the next bull market. You can rinse and repeat for some period of time.

 

[Sincerem]

Litecoin is the kind of cryptocurrency that will continue to give you profit when you follow some procedures. For example if you invest on it right now in this current bear market then you will probably make profit in the next bull market. You can rinse and repeat for some period of time.

The volatility of this cryptocurrency is very low as I see. Instead of me to rather invest in this , why can't I possibly invest in cryptocurrency with a very high possibility to give me x 3 of what Litecoin can give ?

 

[Chibson]

The volatility of this cryptocurrency is very low as I see. Instead of me to rather invest in this , why can't I possibly invest in cryptocurrency with a very high possibility to give me x 3 of what Litecoin can give ?

I'm just stating if you're the kind of person that has a lot of money and you do not want to take a lot of risks or gamble around many cryptocurrencies. In that case, you can invest in Litecoin because it is less riskier than many cryptocurrencies and the price is easily predictable.

 

[Sincerem]

I'm just stating if you're the kind of person that has a lot of money and you do not want to take a lot of risks or gamble around many cryptocurrencies. In that case, you can invest in Litecoin because it is less riskier than many cryptocurrencies and the price is easily predictable.

Yea, In terms of Risk , the cryptocurrency is trusted and could be considered for long-term purposes. The most important thing I consider to is also the possibility of earning reasonable profit . Not only for investment sake.

 

[Chibson]

Yea, In terms of Risk , the cryptocurrency is trusted and could be considered for long-term purposes. The most important thing I consider to is also the possibility of earning reasonable profit . Not only for investment sake.

That's true, if you are interested in making a lot of profit then you don't need to invest on it. It is for people that have a lot of money that even little percentage of profit will give them lots of money.

 

[Sincerem]

That's true, if you are interested in making a lot of profit then you don't need to invest on it. It is for people that have a lot of money that even little percentage of profit will give them lots of money.

Okay , what if I may ask will you choose to invest in cryptocurrency that are not potential just because of less risk and abandon to invest highly volatile coin than could possibly give you higher return on investment ?

 

[Chibson]

Okay , what if I may ask will you choose to invest in cryptocurrency that are not potential just because of less risk and abandon to invest highly volatile coin than could possibly give you higher return on investment ?

I am a risk taker. That is why I am always searching on cryptocurrencies that has the capacity to give me a lot of profit on the long-run. That is also the reason I like investing in low market cap crypto currencies. I prefer the one that will give me higher profit with higher risk but if I have a lot of money, I will not go for those ones.

 

[James]

I've started with free coin worth of $36 from Coinbase as they offers free coins for learning and I convert them in ETH which resulted around $89 in 2 months and than I started investing in many coins.

 

[Chibson]

One of the major money I got from cryptocurrency is through airdrops. I received the AirDrop and left it for some months and it increased in value.

 

[Honny143]

I build my portfolio by investing some of the profit I earned from my cryptocurrency holdl and also from the paid to click sites payment

Well as like you mine also built my portfolio by buying coins, my ptc are faucets earnings not much more valuable in my portfolio, I have 10 coins in my portfolio and these coins present value around 550$ dollars.

 

[Sincerem]

I am a risk taker. That is why I am always searching on cryptocurrencies that has the capacity to give me a lot of profit on the long-run. That is also the reason I like investing in low market cap crypto currencies. I prefer the one that will give me higher profit with higher risk but if I have a lot of money, I will not go for those ones.

Ok, it is very important to understand the type of Risk you take. I Also invest in cryptocurrency I observe the highest volatility. I know those are the ones that will still drop more when on a full bearish season

 

[greenie]

Mine is built gradually. No one can come out and say all the coins he owns in this life where gotten one time. Even Elon musk invested gradually into Cryptocurrency, he didn't rush in asap.