Is it safe to invest in litecoin?

[JUSTG2G2]

I believe in BTC more

[vijay4crypto]

Yes, Litecoin is always a good option and alternative to bitcoin and other major altcoins.


But the problem is Litecoin is directly proportional to bitcoin. That means whenever the bitcoin price goes up Litecoin also goes up. Whenever bitcoin goes down lite coin also goes down.

So it's better to find some other altcoins directionally proportional to Litecoins and invest 50% in those altcoins and 50% in Litecoins.

So it's advised to compare coins before investing. It is the best practice I suggest to you.

[Bamzmeca]

Indeed LTC is a potential coin for us to hold, the speed and low shipping costs are no doubt, prices tend to be stable such as bitcoin and eth

[Blueblade]

Litecoin is always profitable investment choice this is the best choice for long-term investments because this is the old cryptocurrency still it's moving better condition thus it gives more profits for investors at every situation if choose litecoin for investments that's a good choice.

[Blueblade]

Litecoin is safest investment in cryptomarket this is the promising project still litecoin payment system is popular in crypto accepting market places , I hope definitely this coin future will be bright so don't panic about this coin.

[bigcash2011]

Personally i am still holding small quantity of ltc from last bull run and if we will get similar or bigger bull run this time around too then definitely ltc will perform well and i am still holding in hopes of that new peak that can help ltc towards new highs.

[G.Belaci]

Litecoin is 3rd on WorldCoinIndex and have been a safe cryptocurrency from the start. Always do your own research before investment.

[aribmass]

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[Reasetia]

Litecoin is a decentralized, open-source, P2P (peer-to-peer) and fully global payment network where transactions are conducted in litecoins or LTC units. Launched in 2011, two years after.

A Beginner’s Guide to Litecoin

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It seems fairly safe, as in, the crypto itself is not a scam. Even the Commonwealth Bank of Australia will begin allowing people to trade it, along with other cryptos like Bitcoin and Ethereum.