The News of Litecoin

Project Hope friends, let's talk about crypto again, but this opportunity of Litecoin, this cryptocurrency that many of you know very well, this year its importance is dated and of course its increase, so for those who like risky investments but With an opportunity to earn a lot in a short time, today I recommend you attend regarding Litecoin.

Well friends, as you know, the Litecoin platform was born as a fork of Bitcoin, which is why its value is always very similar to Bitcoin increases, but it is important to know that just as Bitcoin sustains its increases in market value in the programming of the "Halving" this is held in periods of four years, I know that those who love the world of Crypto finance know well what it consists of, but for those who know little about this, here I will make a brief and simple explanation:

The Halving or in some cases when they refer to Bitcoin they also call it Halvining, but in both cases we are referring to the event in which the mining processes of a cryptocurrency are reduced by half, this is how the reward obtained is reduces to 50% of blocks in compensation for the resources invested for each Crypto.

In simpler words, the mining of a certain cryptocurrency will generate half of the Cryptocurrency than those that were usually obtained.

Now, what does this mining reduction activity generate in each particular project in which the Halving takes place?

For those who know about investments, markets and mainly speculative markets, the principle of the "law of supply and demand" in which any product listed on a market, its market value is determined by the utility of the good, the amount of goods available in the market and their commercial interest. In the stock markets, production cycles are attended, but in the cases of crypto mining there are no cycles due to their digital nature, which is why Halving events are operated in order to generate speculation mechanisms, managing to trigger interest in the purchase and that is where the price will surely increase. Warning, there is no mathematical mechanism that can determine the maximum price that the good could reach, in this case the cryptocurrency subjected to Halving.

Litecoin is programmed in three-year cycles that, unlike Bitcoin, which is four and that we all know will be presented in 2024, the last halving opportunity coincided in the same year, but that is why Litecoin will have its Halving on the 10th of August of this same year 2023.

I want you to observe how the growth this week was greater than previous ones, and it is due to the proximity of the month of August, for those who want to see the investment risk, this is the moment to buy if we remember that the price that I achieved three years ago was $314.66 and that the following year he achieved his own record of $347.09 whoever buys at the price that today, May 24, 2023 at 12:12 p.m. with a price of $88.9, could obtain some amazing guanacias.

Of course, they should not wait for the same month of August to achieve its maximum price, since as recommended by the Santinet firm, during the period of up to a year, the price could grow.

Well friends, to finish I must remind you, all investment in cryptographic assets, crypto finance or cryptocurrency markets is a risk investment, those who try it do so at their sole and exclusive risk, my opinions and comments are merely informative and not a means of advisory investment.

Any investment you make is your sole and personal responsibility.