Trade in Bitcoin or Litecoin.

[Hasan Raza]

Which one is better between these two to trade?? There is great volatility in Cryptocurrency and with higher the value it increases. So the price of litecoin is low that bitcon. Then which will be favourable?

 

[Kehinde]

Another of the main differences between Bitcoin and Litecoin concerns the total number of coins that each cryptocurrency can produce. This is where Litecoin distinguishes itself. The Bitcoin network can never exceed 21 million coins, whereas Litecoin can accommodate up to 84 million coins.

 

[Mika]

Based on the percentage growth , you will be able to profit more from bitcoins compared to litecoin. Let say, you bought litecoin worth $100 and bitcoin worth $100, in 24 hours you will earn more from bitcoins compared to litecoin, provided there is a surge in the price. However, since it is impossible to buy a lot of bitcoins due to the price value, you may try your hands on litecoin trading.

 

[mcjerry]

The two coin is profitable. But bitcoin is far better now. For someone that is not new to crypto world. He will know that as the price of bitcoin skyrocket up, other crypto currency follows.
From history. The difference in percentage between bitcoin and litcoin 10 years ago is more than now. That shows litcoin is not growing as bitcoin

 

[Trojan8]

There are both different coins with Bitcoin being the more widely used one. Litecoin is actually better for gas fee and transaction speed. Bitcoin is the first cryptocurrency so there would always be preferential treatment. I would prefer to invest in Litecoin though, smaller coins have the potential to do more numbers.

 

[Nurudeen]

I will prefer to go for Bitcoin than litecoin because judging by the percentage increase in the last one year on both Bitcoin and litecoin, Bitcoin as done far more better than litecoin but had it been it is Ethereum now I will definitely go for Ethereum Because this is the highest ranking crypto currency with high percentage in the last on year

 

[Michaellee]

I would rather trade on bitcoin than litecoin because bitcoin is is well verified, it is used for most of the transactuins. Btc is the highest coin now world wide and its transaction is faster than any other coins that we have now

 

[ahmedo24]

I also go for bitcoin over litecoin because the rate of volatility in bitcoin is much higher than that of litecoin, it is takes longer time for litecoin rise or fall which is big factor for trading Crypto currencies.

 

[BTCBEE]

Which one is better between these two to trade?? There is great volatility in Cryptocurrency and with higher the value it increases. So the price of litecoin is low that bitcon. Then which will be favourable?

hello there. how are you friends? well in my opinion you should invest in bitcoin because its getting its value up and down and when its up you can sell it with huge profit because in miner high you will get good profit

 

[Thosynho]

Which one is better between these two to trade?? There is great volatility in Cryptocurrency and with higher the value it increases. So the price of litecoin is low that bitcon. Then which will be favourable?

As far as I am concerned at the moment, there is no point of comparison between the two. I mean between Bitcoin and litecoin. Though they are both crypto currencies but Bitcoin is more valuable than litecoin and I prefer to invest in Bitcoin.

 

[WhiteHouse]

From a investing perspective having a portfolio is consistently a smart thought. It's not astute to bet everything on a solitary stock, a solitary bond, or a solitary valuable metal. Regardless of whether the single speculation you get closes being a champ you don't have the foggiest idea when it will be a victor. It's in every case better to expand so that on the off chance that one decision does inadequately the other may progress nicely and regardless of whether they all well their advantages may come at various occasions

 

[Sheyemanu]

Concerning this question, both cryptocurrencies have differences, one of the main differences between Bitcoin and Litecoin concerns the total number of coins that each cryptocurrency can produce. This is where Litecoin distinguishes itself. The Bitcoin network can never exceed 21 million coins, whereas Litecoin can accommodate up to 84 million coins.

 

[Damscooguns73]

Concerning preference between the cryptocurrency coin bitcoin and litecoin. Well, everyone has their preference and choice but the two are great coin which one can be rest assured of profit In investing into them. Both are volatile and litecoin is just rising so it is okay to invest in litecoin because it has potentials of rising at the long run

 

[Suba]

About 30% of cryptocurrency transactions use Litecoin because Litecoin is faster and cheaper than Bitcoin. Bitcoin's level of volatility is higher than Litecoin so if you have the ability or trading skills it will be more profitable for Bitcoin, but if you are not good at trading strategies it is better to choose Litecoin with less risk.

 

[Ehizzy1]

I think i would prefer to trade litecoin because even if i invest as small as $5 i can still get small profit compared to bitcoin which is mostly , so i would prefer litecoin ,but i noticed that the fluctuation of bitcoin and litecoin moves in same direction ,like that really amaze me and i am surprised to see such thing i think

 

[abubakar3141]

In market capitalization, one region in which Bitcoin and Litecoin vary greatly is. The total value of all Bitcoins in circulation is just under $128 billion as of May 2020, making its market cap more than 45 times greater than that of Litecoin, which has a total value of less than $3 billion.

 

[Rashid]

Both coins are totally different. People tend to invest in BTC compared to LTC because of it's highes value among others. But can not ignore LTC as well. For Bizdustry members, they should withdraw in LTC, it increased also..
But I think if we invest in any currency, we can get only percentage profit so if Dogecoin went 50% our price will be 50% more if same BTC increases 10% so it will increase only 10%.

 

[KvngMurphy]

I'm taught about this question a couple of times and I think trading in Litecoin would be more profitable than trading or investing in Bitcoin. It's no doubt that Bitcoin is on its peak at the moment but Litecoin is really fending well for itself and I think it's effort should be applauded.

 

[Mika]

Even though the price rise is bigger with bitcoin compared to litecoin, I think litecoin is a better investment option. Litecoin has lower transaction fees, therefore, I see the possibilities of litecoin growing as a better payment solution in the future. Bitcoin is also beyond the reach for most people, therefore, people willing to invest on cryptocurrency might look into a better alternative that is litecoin

 

[Hamza1999]

One area in which Bitcoin and Litecoin differ significantly is in market capitalization. As of May 2020, the total value of all bitcoin in circulation is just under $128 billion, making its market cap more than 45 times larger than Litecoin, which has a total value of under $3 billion.