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Investing In Litecoin Reddit

At What Price Should I Invest In Litecoin : Litecoin

At What Price Should I Invest In Litecoin : Litecoin

Merchants are welcome to advertise new services, or the acceptance of Litecoin on their service. After the first ad, providers are welcome to use reddit's advertising platform to continue to promote the service. No "I just [bought|sold] Litecoin" posts. When submitting a link to something with which you are affiliated, you must point it out in the title or body of your submission. All submissions related to your affiliation will be blacklisted if found to be spamming. Continue reading >>

The Best Reason To Invest In Litecoin. - Litecoin

The Best Reason To Invest In Litecoin. - Litecoin

Charlie Lee. After watching him on CNBC and then again on Crypto Hedge earlier today, I realized something, this guy is the real deal. He is not a PR guy, and if he was, I might rethink my investment. He's not out to pump the tech for a quick buck, Litecoin will be one of the coins standing at the end. He's a tech guy with a lot of knowledge and grounded in reality. I've always known Litecoin had very strong fundamentals (and really you don't get that way without someone like Charlie Lee in charge). Now, as silly as sounds, the thing that cemented it for me, was the guys office. That was an office of someone who worked and enjoyed doing so. My new strategy, hold Litecoin, trade the rest. Continue reading >>

How Much Should I Invest In Litecoin Vs. Other Currencies? : Litecoin

How Much Should I Invest In Litecoin Vs. Other Currencies? : Litecoin

I am looking into investing in etherum, bitcoin, and litecoin (possibly some others as well but need help on what), and then dedicating an additional $50 a week each week as well. What are some strategies to diversify and have the most stable portfolio? And what are some good sources that are worth reading up on? I would like to invest most of my money into well established currencies with a little bit left over for some high risk high reward currencies. Thanks for feedback! Continue reading >>

Im 15 Years Old And Have Been Investing In Litecoin For Just Over A Year. : Litecoin

Im 15 Years Old And Have Been Investing In Litecoin For Just Over A Year. : Litecoin

Im 15 years old and have been investing in Litecoin for just over a year. I pay for it with the profits from my Business I started when I was 12. I work really hard and invest my profits into technology and crypto. I hope to go to college for engineering. I LOVE this community and whenever Im feeling down, I come here and it cheers me up. I love crypto so much that I never stop reading news about it or constantly checking prices. Just wanted to share my story! :) Continue reading >>

Why I Am Invested In Litecoin - Litecoin

Why I Am Invested In Litecoin - Litecoin

So, about 3 years ago I started mining some bitcoin because, hell, it was the thing to do! I got bored because I wasn't making that moon money. So I stopped. Then recently (4 months ago or so) it became something that was a real thing. It started hitting main stream talk in the interwebs world. I looked into it and bitcoin was just stupid expensive ($3500 a coin) and decided that I had missed the boat. Shit... Then I read and article that was about this coin called Litecoin, and it was being accepted as a currency in a subway in Brno. I had no idea where Brno was but I thought, if I could mine this stuff and then out of thin air, buy myself a sandwich anywhere... Well that would be something that people could get behind. I invested in September, I couldn't afford any bitcoin because that had already hit the top of the charts, but I could get behind another coin that was cheaper and was making waves in the real life market. I could mine this and then buy something IRL with it. As I have researched it more and more I realize the potential of this, so called, cryptocurrency. I believe that if I can buy goods and services with it, it will change the world. I looked at the tech specs of litecoin vs bitcoin and I think it's got two legs to stand on. I bought litecoin, at first, because I wanted to be rich on internet money. But the more I researched it I though, this is actually a viable thing. I bought litecoin because I believe in a market where it's controlled by the people. There isn't anything backing the dollar, but people tell me, it's real money. Well, what is the dollar? The government prints money with nothing to back it. But we are okay with that. I support litecoin because I believe in it. I think that, as a 43 year old man, I am seeing the future. I can sit back Continue reading >>

Worth Investing Right Now? : Litecoin

Worth Investing Right Now? : Litecoin

Merchants are welcome to advertise new services, or the acceptance of Litecoin on their service. After the first ad, providers are welcome to use reddit's advertising platform to continue to promote the service. No "I just [bought|sold] Litecoin" posts. When submitting a link to something with which you are affiliated, you must point it out in the title or body of your submission. All submissions related to your affiliation will be blacklisted if found to be spamming. Continue reading >>

Is Litecoin A Worthy Investment? Should A Teen Invest In It? : Litecoin

Is Litecoin A Worthy Investment? Should A Teen Invest In It? : Litecoin

Basically, I'm 15 and I've been following the cryptocurrency thing for a while now, and I have around $500 cad saved. Is litecoin worth my money? I've been doing a lot of research and watching the live trading on kitco, and it seems pretty trustworthy, I've honestly got nothing to lose. My Dads into finance, but he keeps telling me litecoin isn't worth investing in because of how the government can crack down on it and ban it and such, but I think cryptocurrency has a future.. Is it worth it? Continue reading >>

Charlie Lee's All Out Of Litecoin... But Still All-in - Invest In Blockchain

Charlie Lee's All Out Of Litecoin... But Still All-in - Invest In Blockchain

Charlie Lees All Out of Litecoin But Still All-In written by Nadja Bester December 22, 2017 Its not every day that a cryptocurrency inventor sells all his coins, so a brazen move by Charlie Lee, Litecoin inventor, has taken the industry by surprise. Yesterday, on December 20, Lee announced on the Litecoin subreddit that hed sold or donated all his LTC. Citing his powerful Twitter influencer status as a vehicle that is misconstrued as being used for personal gain, he stated that a conflict of interest led to his decision to part with an undisclosed amount of Litecoin, a small enough percentage of GDAXs daily volume to not crash the market. Over the past year, I try to stay away from price related tweets, but its hard because price is such an important aspect of Litecoin growth. And whenever I tweet about Litecoin price or even just good or bad news, I get accused of doing it for personal benefit. Some people even think I short LTC! So in a sense, it is conflict of interest for me to hold LTC and tweet about it because I have so much influence. I have always refrained from buying/selling LTC before or after my major tweets, but this is something only I know. And there will always be a doubt on whether any of my actions were to further my own personal wealth above the success of Litecoin and crypto-currency in general. Lee added that his involvement with Litecoin had secured his finances, and so he no longer felt necessitated to tie his financial success to that of Litecoin. Lee stated in his announcement that, although he no longer owns LTC other than a few physical LTC as collectables, hes not quitting the currency. I will still spend all my time working on Litecoin. When Litecoin succeeds, I will still be rewarded in lots of different ways, just not directly via owners Continue reading >>

I Just Made $3000 Investing In Ripple, And It's A Dangerous Feeling

I Just Made $3000 Investing In Ripple, And It's A Dangerous Feeling

I Just Made $3000 Investing In Ripple, And It's A Dangerous Feeling I write about video games and technology. Opinions expressed by Forbes Contributors are their own. The other week, gripped by Fear Of Missing Out (FOMO)and the tantalizing feeling that I could still become super rich if I were to only stop equivocating and make a bet, I bought some cryptocurrency. It felt like millionaires were being minted overnight, and that I could no longer afford not to be one, to be stuck working at a job like a sucker. This was mid-December, when Bitcoin was still rocketing up and nobody really knew what to do with it. I had missed the Bitcoin boat, that much was clear, but like so many others I was determined not to miss the next one. Armed with just enough information to be dangerous, Idownloaded Coinbase -- the noob's choice. [Ed note: Investing in cryptocoins or tokens is highly speculative and the market is largely unregulated. Anyone considering it should be prepared to lose their entire investment.] I noticed Litecoin, which had yet to make the sort of leap that Bitcoin had already made. But I was busy that day and didn't get around to it -- Litecoin went from $90 to north of $300 in an instant, another boat missed another bout of FOMO. Determined not to be left behind again, I bit the bullet and made a small bet on Ethereum, and just like that, it doubled too. From one perspective, I was happy -- money for nothing. From another, psychologically powerful perspective, I was frustrated. I didn't see the money I made, I once again saw the money I had missed by not making a much larger bet -- gamblers out there might recognize this feeling. I pressed on, convincing myself I knew what I was doing. From there, so-called "altcoins" seemed the obvious choice. Bitcoin was doing we Continue reading >>

I Have $1000 To Invest. Bitcoin Or Litecoin, And Why? - Litecoin

I Have $1000 To Invest. Bitcoin Or Litecoin, And Why? - Litecoin

I have $1000 to invest. Bitcoin or Litecoin, and why? OP is asking about bitcoin and litecoin, this does NOT give you the opportunity to shill your favorite shitcoin. half and half. 10 LTC is a nice amount to have Don't fall into the trap of being on a "team". The more coins that succeed, the more we will all benefit. People seem to think that only one coin can exist in the end, and that mindset is toxic. Why shouldn't it be that way, though? Wouldn't it be better for all if one best coin was used? What if you only had one way to pay for things online, or at a store? If everywhere was suddenly MasterCard only, that would be inconvenient right? Especially given that there are alternatives that already exist. But ultimately, the market and the people of the world will decide if they want 1 currency, or 8. I think it would be fine because people/stores/companies don't normally do that sort of thing instantly. They usually give customers a warning or grace period for you to adhere to the new rule/way of doing things. My thought was that if all development was going toward one digital currency - that would be awesome/amazing. I guess this could never happen though because people want their product to be used, they want their brand to be valued or be used. Competition breeds innovation.. or something? Money still makes the world go 'round. This is a fallacy, profit comes from the percentage increase in the coins value. A lower price coin doesn't make it any more likely to moon. A lower market cap coin has a higher chance to moon since it doesn't take as much capital inflow to move the price. To answer op question I would diversify into both coins but what I hear you asking is what coin offers most value at today's price. Bitcoin has taken a huge jump recently and it may be d Continue reading >>

What Is Litecoin? The Facts About The Hottest Bitcoin Alternative

What Is Litecoin? The Facts About The Hottest Bitcoin Alternative

The major benefit to investing in Litecoin over Bitcoin is the transaction speed. Litecoin blocks (or transactional histories) can be generated four times faster than Bitcoin blocks, which makes buying and selling Litecoin extremely fast. Because of the improved transaction speed, Litecoins blocks are also bigger and can handle higher volumes of information. Theres also more litecoins in existence. Where there can only be 21 million bitcoins, 84 million litecoins can be mined. Then, theres scrypt. In order to mine Litecoin, miners must use a completely different algorithm than Bitcoin, called scrypt. Because large mining conglomerates cannot easily switch between scrypt and SHA256 (Bitcoin mining tech), it makes it difficult for miners to maximize profits by going back and forth between Litecoin and Bitcoin. To cryptopurists, this is important as it allows for a more decentralized experience. Factors like Bitcoins media exposure, Charles Lees recent appearances on money talk shows, and Coinbases recent influx of 100,000 users, and a recent ad push by the coin, have no doubt contributed to Litecoins spike. Litecoin Foundation (@LTCFoundation) December 6, 2017 Charles Lee himself has called investing in his own cryptocurrency risky. But many proponents of Litecoin have commented that having a creator who is willing to stand behind his technology is already leaps and bounds ahead of Bitcoin. Satoshi Nakamoto is like Shakespeare: It has been speculated that the Bitcoin creator is anywhere from a group of people to Julian Assange. Litecoins fixed coin amount of 84 million, its faster transaction speed, and its lesser-known status also make the cryptocurrency attractive to investors who dont want to sink it all just on Bitcoin. Creator Charlie Lee caused a stir on Dec. 20, 2 Continue reading >>

Why I Still Believe Litecoin Is An Excellent Investment - Litecoin

Why I Still Believe Litecoin Is An Excellent Investment - Litecoin

Why I still believe Litecoin is an excellent investment This post is a collection of thoughts as to why I personally invested in litecoin, and if you don't care to read it all, that's fine, I put a TL;DR at the end :) First off, I'd like to give a little background about myself. I am a full-time graduate student finishing up my Master's in Taxation while working as a staff accountant at a decent sized CPA firm. I usually do not post on here, but since I have time I figured I would share my two cents. I am able to rationalize investing in litecoin because I whole-heartedly believe that my speculations will come to fruition within the future. That being said, this market is extremely volatile and speculative so please do your own research and do not invest solely based on anyone else's opinions or thoughts. The first thing that attracted me to litecoin was it's cheap price compared to bitcoin. I first took my plunge into cryptos when litecoin was around $80-$90 in late November 2017, and bitcoin was in a huge uptrend and worth around $8000 if I remember correctly. My logic was that if litecoin had 4 times the supply of bitcoin, if it in the future has the same market exposure that bitcoin has, which I think it will, in theory it should be worth about a quarter the price that bitcoin is worth. This is based off of supply and demand, which determines price. If supply stays the same, and demand goes up, price should also increase and vice versa. Since litecoin has a fixed supply that is 4 times the supply of bitcoin, given the same demand and market exposure, it should be worth around a quarter of what bitcoin is worth. By that logic, even in the current downtrending market where bitcoin is valued anywhere from $7000-$9000 (could change at any second cuz this shit is wild), Continue reading >>

Should I Invest Right Now? - Litecoin

Should I Invest Right Now? - Litecoin

late 2013 to mid 2015.. $50 to $1.30... but lets just act like that didn't happen Whistles Away That crash was MtGox though. When a market has almost a single point of failure, and it fails, it fails hard. Nowadays there are a so many exchanges fails in one doesn't hurt the market very hard. Unless China bans crypto or coinbase gets hacked, there is no crash I don't see it dropping any further...maybe dips, but it won't drop. Sky's the limit. If it dips to mid 50s then buy. I don't think it's crashing but we will have some dips. Invest now, why wait for something that most likely wont happen? Have you seen the growth of litecoin in the past few months? Sure it might go down a buck or 2, but its not worth the risk imo. Anything sub $60 buy buy buy. Next plateau is 70 Buy now, it likely wont be going down, lightning is too close for anyone to sell but a huge whale trying to get more. Ltc never crashed. Most stable coin there is. This could be the lowest ever or Maybe itll drop to 40. Who knows? But its worth a lot more than the 60 its showing today. I still beleive we will hit 100 before next summer. Disclaimer: I have invested in LTC and are biased. Just do what your gut tells you and only invest money you can miss. Never think of it as a way to get out of financial troubles or something like that. To be fair it did crash, in 2013 we reached the height of $50 and crashed down to $2. But times have changed, crytocurrency is more widely recognized as a real store of value, LTC will likely continue to trend up from this point forward. Thanks good answer im going to save up some more money and will invest a little bit in 2 weeks if it is still around 60. if it did crash soon it would run back up because it will go to 3 digits. It's a $200 coin at least. BUT ONLY WHAT YOU CO Continue reading >>

New Here. Is Litecoin A Good Investment? : Litecoin

New Here. Is Litecoin A Good Investment? : Litecoin

Merchants are welcome to advertise new services, or the acceptance of Litecoin on their service. After the first ad, providers are welcome to use reddit's advertising platform to continue to promote the service. No "I just [bought|sold] Litecoin" posts. When submitting a link to something with which you are affiliated, you must point it out in the title or body of your submission. All submissions related to your affiliation will be blacklisted if found to be spamming. Continue reading >>

Sec Warns Investors As Price Of Bitcoin, Ethereum, Litecoin Soars - Cbs News

Sec Warns Investors As Price Of Bitcoin, Ethereum, Litecoin Soars - Cbs News

Online traffic to the Chicago Board Options Exchange's website is surging , mirroring the growing public interest in bitcoin and the digital currency's skyrocketing price. The price of January bitcoin futures, which the exchange started trading this weekend , fell $245, or 1.3 percent, on Tuesday to $18,300, highlighting the cryptocurrency's extreme volatility. Such contracts let investors speculate on bitcoin by allowing them to lock in a price to sell the agreement at a future date. Bitcoin's price has soared more than 1,600 percent in 2017, and as of early afternoon was at $17,285, according to Coindesk. Other digital currencies have seen an even bigger jump in price. Ethereum has risen more than 6,100 percent this year to $636.49, while Litecoin has soared more than 9,000 percent. A growing number of companies also are raising funds through "initial coin offerings," or ICOs, complete with celebrity endorsements ranging from boxing legend Floyd Mayweather to Hollywood star Jamie Foxx . The startling run-up in prices for cryptocurrencies, which remain largely unregulated, has the Securities and Exchange Commission on its guard. The agency's chairman, Jay Clayton, is advising potential investors on to exercise caution. "Investors should understand that to date no initial coin offerings have been registered with the SEC," he said in a statement Monday on the agency's website. "The SEC also has not to date approved for listing and trading any exchange-traded products (such as ETFs) holding cryptocurrencies or other assets related to cryptocurrencies." "If any person today tells you otherwise, be especially wary," Clayton added. Anyone thinking of investing in an ICO or buying digital currency should ask a number of questions, according to the SEC. These include: Continue reading >>

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