In the past few weeks concurrency markets have increased by over 25 Billion Dollars,
Litecoin have surged over 2000% this year, with a record high of $98 dollars per coin during the end of August 2017.
Insiders of the concurrency are speculating the price to increase past the 100 dollar mark before the end of the year, and due to the fact that the price is a correction period at a price of about $72.00 per coin
This means right now is the best time to buy Litecoin for both short term and lorn term investment.
A few things to keep in mind about Litecoin,
Litecoin is one of the only crypto currencies that has the segwitx2 update which allows for faster transactions at lower fees,
keeping this in mind and the fact that litecoins market value is only at 4.3 billion compared to bitcoins 70 Billion there is a lot of room for litecoin to grow.
Dont miss out get in now that the price its at a lowest for the month
I have been thinking about buying litecoin and convert it to steem, thinking overall it will cost less to a actually own steem, your thoughts? Just found you, and now following you
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I believe steem has a lot of growth to do as well as litecoin,
For now due to the upgrades that litecoins is going through is very safe to say that its going to go through a surge soon
It maybe a temporary surge but it will most likely take the price above the $100 mark,
As far as your question goes
Its just a matter of how you do your trading,
for long term investment Ill say you can profit more through steem thats assuming that no other applications that compete with it are made.
As far as litecoin goes, most likely will double before the end of the year and once price exceeds the $100 mark it will attract and new wave of investors.
its harder to develop coins to compete with litecoin
than it is to compete with steemit.
keep in mind also Litecoin is the exact same technology as bitcoin except for a higher total amount of coins (84 million) instead of (21 million) that bitcoin has.
This means litecoin will most likely be used as a checking account while bitcoin is used as a savings account, if this occurs the price of litecoin should be about 1000 per coin assuming everything else stays as it is.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations @cristianmurcia! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOPDownvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Good points in this blog. Nice to see I'm not the only one who thinks like this. In my opinion blockchain is here to stay. A proper investment for the long term. I was researching a way to do better investment analysis on the current cryptos. This is quite an interesting website I found: https://www.coincheckup.com Supposingly they researched every crypto coin in the scene based on: the team, the product, advisors, community, the business and the business model. They even score the coins stengths. Go to: https://www.coincheckup.com/coins/Litecoin#analysis For the Litecoin Analysis.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit