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Investing in cryptocurrency such as litecoin is profitable?

  • Thread starter Thread starter Yaqoob Habib
  • Start date Start date
I like litecoin, I believe investing in litecoin is safe, however, I do not think it is profitable. Litecoin has been around since 2011 and still the price is not very high
 
It is a nice crypto noubt but the issue here with them is the sluggish movement they are having, they are not moving fast like the binance smart chain,instead of me to invest in it I will rather invest in bnb and ripple because they are the best cryptocurrency to invest on now
 
I wouldn't advise you to invest in cryptocurrency like Litecoin because since I know this cryptocurrency, it has always been on a downward reduction in price.
 
Jlife said:
It is a nice crypto noubt but the issue here with them is the sluggish movement they are having, they are not moving fast like the binance smart chain,instead of me to invest in it I will rather invest in bnb and ripple because they are the best cryptocurrency to invest on now
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Since I started investing in crypto currency online , litecoin is one of my favourites crypto currency that I like and values so much because of its low transaction rate which makes me like litecoin.
 
Shigobad2020 said:
Since I started investing in crypto currency online , litecoin is one of my favourites crypto currency that I like and values so much because of its low transaction rate which makes me like litecoin.
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if this is your favourite form of investing in cryptocurrency then obviously you do not really how the crypto system work and to start with you which platform are you always using to invest in your litecoins ? Is it trust wallet ? Or do you use exchanges ?
 
I believe investing into crypto currency in general is quit profitable. Tho it has its risks bit then again there is no business without its risks. Litcoin is also a great coin to invest in right now as well
 
Even though currently liteocin just like other coins has depreciated, I believe investing in liteocin for long term is profitable. You can buy when the price is still low.
 
BrolySSJ said:
I don't think that it is a way that you can make money easily because there is a lot of knowledge that goes behind it in order to be able to try and be successful and know when to buy and sell. This is a common misconception that it is easy money.
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litcoin has been fallen recently in the market and I will not advise anybody to invest in litecoin because it is not that profitable and does not have a speedy growth in the cryptocurrency market
 
I believe all cryptocurrency are good for long-term investment but therevsr that has the potential of giving you more profit than lite coin,lite coin is nice cryptocurrency because it is more stable and there is a possibility that it might work something in the future.
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I believe all cryptocurrency is profitable if we are arresting for long time,sometimes you really need to research on the most fastest growing cryptocurrency and invest in such because they are the one that will give you a good return on the amount of money invested.
 
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Lite coin also known as LTC is nice cryptocurrency for transaction because of the lower transaction fee that is associated with it,I can never consider investing in it because the price movement is so slow and it doesn't have a good volatility.
 
Yes , investing in any top coin or crypto is profitable including litecoin since there was a time when Litecoin was just $30 for long time and it has also reached $320 to be honest this year.
 
Litecoin is still at the price where you can invest and get good profits when it reaches its price before the crackdown. It is one of the best coins for transactions and with good potentials.
 
Litecoin have always been purpose choice coin, even if the bearish run came slashed the already maligned coin. The coin is profitable steady.
 
Litecoin is a good coin in the crypto currency exchange Business. The coin is still very much undervalued and you can get as many unit as you want if you really want to buy.
 
Yusuf said:
Litecoin is a good coin in the crypto currency exchange Business. The coin is still very much undervalued and you can get as many unit as you want if you really want to buy.
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There is a limited supply when it comes to this coin, so unlike dogecoin you are unable to have as many of this coin as you would like. However i do agree that it is undervalued given the advantages that it is able to offer over other crypto coins.
 
Crypto currency exchange Business is very profitable in general if one have a solid coin in the portfolio. One of the best coin to buy with solid fundamental is litecoin. It's very good for portfolio development.
 
Yaqoob Habib said:
Nowadays most businessmen are investing in crypto currency, You can make money by investing in crypto currency.I have also invested around $ 20 litecoin I have made almost $ 10 profit through this I just want to say that by investing in cryptocurrency, you can easily earn money.
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That is so nice. Congratulations that your investment in cryptocurrency has profited you. It's good that most business men are investing in cryptocurrency. It's very good that you your self is investing also.
 
As Litecoin's long term investment is excellent, Litecoin's current price is $182. According to my prediction using Fore cash trend, Litecoin's price will reach $225 within a year. So my conclusion Litecoin long term investment will be very profitable.
 
Investing in ltc no doubt is profitable, it has been doing greatly well in the crypto market, one can always hold a high amount of it because it will definitely maintain a continuous rise as the time goes on and on. The eth as well is very important for purchase and holding as well for greater profits.
 
I will still prefer to trade with my hard-earned money rather than holding and keeping coins to gain value. At least, if any loss should come, I would have myself to blame rather than other factors I can't see.
 
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