Hello everyone,
This is a new video talking about Litecoin. I make some comparisons to Bitcoin and discuss a few topics to take into consideration when deciding whether or not this coin is currently investment worthy.
In short. I think it is a safe investment, but growth could be hindered if Bitcoin fixes it's scaling issues.
Feel free to discuss Litecoin below. If you find this video helpful in any way, a like and comment on youtube would be appreciated :). Thanks for watching!
I'm using LTC for most of my online transactions right now. It's very useful. Plus, it makes me nervous spending BTC, if I miss a digit or something I could accidentally over or under pay thousands. With LTC, it's unlikely I'll lose more than ~$10 making a dumb fingers mistake.
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That's true. The low price is less prone to error, I suppose.
I also use litecoin a lot. Even if I want to trade BTC on bittrex for something, I buy LTC on coinbase, send it to bittrex, sell it for BTC then buy what I want because it is usually cheaper than paying the bitcoin network fee.
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THAT'S EXACTLY WHAT I DO. LOL Keep rocking brother!
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"Get me something fast, and CHEAP!"
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Are you guys buying Litecoin right now? What do you think will happen if Bitcoin becomes fast and cheap to use?
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Nice comparison
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Thanks! I tried to give some information without going to deep into detail for people new to crypto.
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Nice article. Same mindset here. The cryptospace definitely feels a bit inflated. However we also said that about the S&P 500 40 years ago Besides coinmarketcap.com there is: https://www.coincheckup.com I'm using this site that gives in depth reports on every tradable cryto in the market. Go to: https://www.coincheckup.com/coins/Litecoin#analysis For a complete Litecoin Detailed report
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