As a general rule of thumb, it is expected that the more expensive crypto is, the more profitable mining it should be. They are not expecting a great amount of volatility in their chosen investment, and they often see very little risk in … Even gold in this case is not yet established in mainstream and silver and bronze are more like fools gold. Start making smart investments today. Since the total number of ADA coins is limited, the coin is inflation resistant as the demand for the coin keeps growing. There are a variety of ways to invest in bitcoin, with some safer than others. Cryptocurrency What Happens When You Put Your Life Savings Into Bitcoin Vox from cdn.vox-cdn.com As a general rule of thumb, it is expected that the more expensive crypto is, the more profitable mining it should be. Is crypto mining still profitable 2021 reddit : You can easily trade bitcoin for cash or assets. The problem is that bitcoin. Most people involved with Litecoin (most, not all) remain content to just sit back and wait for it to ride Bitcoin's coattails to the moon...which I don't really think it will do. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: I just started to educate myself. By Chris Markoch Jan 15, 2021, 1:25 pm EDT February 23, 2021 Frequently known as the silver to bitcoin’s (CCC: BTC ) gold, the time may be right for investors to invest in litecoin (CCC: LTC ). Why Ethereum Is A Good Investment? I don't think anyone would argue against the idea that crypto-currency is going to be an integral part of our future, at this point...it's pretty obvious it will be. You can easily trade bitcoin for cash or assets. After analyzing its price and patterns in a 6 month period, we conclude a litecoin price prediction of $177.86. It shows that Litecoin may have a greater reward to risk ratio compared to other crypto assets, due to it having a lot further to go to catch up with the rest of the market. The minimum LTC price might fluctuate in the $120-$170 corridor. Help reddit app reddit coins reddit premium reddit gifts. On the flipside, Walletinvestor.com termed Litecoin as a “bad, high-risk one-year investment option.” They expect LTC to fall to $4.5 by the end of 2021 but recover to finish 2021 … 2022 will be a slightly good year for Litecoin as the coin will emerge to around $360.918 at the end of 2022. A lot of newbies hearing about cryptocurrency (for the first time -- yes, I live in NY and most people still have never heard of bitcoin), will say hell I'm noting going to spend $2000 on a bitcoin, but how about that litecoin for $10. One can imagine a number of scenarios where something disastrous happens to bitcoin, but litecoin remains unscathed. Bitcoin is the currency of the internet: There is no better time than the present to invest in litecoin and other cryptocurrencies while prices are still low, and the uptrend hasn't fully taken hold. There is no government, company, or bank in charge of bitcoin. Litecoin was created in 2011. Charlie lee devised a better version of bitcoin, yet not taking. Buying along the way up may be a safer strategy, however. The trend in the price of bit coin has no bearing on whether it is a good investment or not. This Litecoin price prediction 2021 article lets traders know if LTC is a good investment this 2021. Now is the right time to get into bitcoin invents, especially if you were already thinking about it before. If you are planning to invest in Dogecoin and buy Dogecoin at best price, then 2021 is the best time to invest in Dogecoin as the Dogecoin value is … Litecoin is on NOBODY's lips, at the moment. Litecoin as a Long-Term Investment When investors in cryptocurrency hold for the long-term, they expect slow and steady gains over a long time. This can be from some unintentional hard fork (when they increase block size, for instance), introducing a bug in a future soft/hard fork, or a targeted 51% attack by say some government that wants to destroy bitcoin. IMO all investors in this arena should have BTC and LTC as they have been around the longest and have the supporting largest infrastructure. Wallet Investor algorithms claim that Litecoin is a good one-year investment. That being said, high volatility assets do tend to have greater potential for return (matched by its potential for incredible loss). Is bitcoin still a good investment reddit singapore. Successfully mining just one bitcoin block, and holding onto it since 2010 would mean you have $450,000 worth of bitcoin in your wallet in 2020. So, is litecoin a good investment? LTC achieved high recognition and ranked second in terms of market capitalization. - Doge price hits the highest level since October 2018 ... - The dent web application enables participants of the market to see the order book and market depth, view the quote feeds, review portfolio, order history, place buy or sell orders, etc. There are a variety of ways to invest in bitcoin, with some safer than others. I just started to educate myself. Now is the right time to get into bitcoin invents, especially if you were already thinking about it before. You should always consult a licensed financial planner. Is Cardano A Good Investment 2021 Reddit : Is Litecoin A Good Investment in 2020? / How To Build A Crypto Portfolio Tracker App I Devteam Space : As mentioned here before, i also recommend delta as the best crypto portfolio tracker. There is no government, company, or bank in charge of bitcoin. From today's (June 4) price of $47.75, that's a potential gain of at least 947%. Such price increases make many people wonder whether cryptocurrency is still a good investment, and specifically what cryptocurrencies are the best cryptos to buy right now. Bitcoin is still considered by most to be a risky investment and you should never invest more than you can afford to lose. A distributed, worldwide, decentralized digital money. That being said, high volatility assets do tend to have greater potential for return (matched by its potential for incredible loss). As a general rule of thumb, it is expected that the more expensive crypto is, the more profitable mining it should be. I was able to trade with very little idea about trading but is bitcoin still a good investment i don't recommend anybody to go through that. Litecoin, is the second safest coin on the market and the second most reliable with transition costs currently equal to 1/500 of Bitcoin and ethereum and mining costs of less than 1/100 of Bitcoin. Is Litecoin A Good Investment 2021? › bitcoin might be a good investment but bitcoin mining stocks aren't. If you have no stomach for risk, it's not a good long-term investment. With that in mind, the currently depressed levels at which LTC is trading seems like an attractive entry point for those willing to hold on to the coin during the next six to 12 months with a potential Litecoin price prediction for 2021 of $87-$107, the 0.382 and 0.5 Fibonacci extension levels. so if you invest in litecoin long term, you need to be mindful of these scams that can take your litecoin from you. Consequently, the main advantage of Litecoin is faster validation and increased resources to perform more transactions. For example, you spend $8,000 on a miner and in 12 months it mines $20,000 worth of your chosen cryptocurrency. Paid family leave is good for the economy. For discussion about Litecoin, the leading cryptocurrency derived from Bitcoin. Is bitcoin still a good investment 2021 : While still volatile, it tends to be one of the most stable cryptocurrencies, with the longest history, and has been the most consistent and best performing investment asset year after year for the. Bitcoins are issued and managed without any central authority whatsoever: Bitcoin is a distributed, worldwide, decentralized digital money. - 5 Best Cryptocurrencies Everyone Should Own / New cryptocurrencies come and go, but bitcoin never goes out of fashion. Should You Invest in Litecoin? The question is, will Litecoin differentiate itself enough to be relevant in that future? low transaction costs and short verification times. If you believe in crypto, bitcoin is only sensible choice. The best crypto exchanges in canada. Bitcoin is not an investment, it's a gamble. New comments cannot be posted and votes cannot be cast. Best long term crypto investments 2021 reddit : Long term crypto investment reddit april 2, 2021 0 comments. (1) No scams or controversy. The price will remain the same for 2023 peaking around $478.281 for 2024 and will reach a benchmark of constant value of $508.548 by 2025. Litecoin is on NOBODY's lips, at the moment. With the MW upgrade Litecoin will be the only fully legal and regulated privacy option. If you are a serious cryptocurrency investor you should always buy multiple currencies. Competitor polkadot also has a much larger development team and is growing even. The long answer… it's complicated. Other BTC price forecasts go from $65,000 suggested by Mike Novogratz, to $170,000 predicted by Bloomberg strategist Mike McGlone, to $318,000 prognosed by the Citibank’s Tom Fitzpatrick, and all the way up to $500,000 predicted by Tyler and Cameron Winklevoss, co … - Both have very different purposes. Bitcoins are issued and managed without any central authority whatsoever: Successfully mining just one bitcoin block, and holding onto it since 2010 would mean you have $450,000 worth of bitcoin in your wallet in 2020. Litecoin was created in 2011. Strategists at JP Morgan recently predicted that, in the long term, Bitcoin could hit $146,000. We use cookies on our websites for a number of purposes, including analytics and performance, functionality and advertising. (3) Although down, still consistently mirrors the ebb and flow of BTC. If you look at the historical BTC/LTC rate (0.006) you will see that it is very low, maybe even under-valuated. Ushered into existence by Google engineer Charlie Lee on October 13, 2011, Litecoin is the 10th largest cryptocurrency by market capitalization today.. Litecoin coin is an "OG" crypto. Bitcoin is not an investment, it's a gamble. Is It Better To Invest In Bitcoin Or Ethereum / Is it Still profitable to Invest in Bitcoin or Ethereum? So, now you know some background information about Litecoin, let’s have a look at whether Litecoin is a good or bad short-term investment. But from a technical standpoint. As an investment, bitcoin has had unique and pronounced risks, but that's changing, with new rules and regulations that have. (4) It's not $0. Litecoin is a good investment as it is a coin that has a place in our continually evolving digital architecture. But the most financial reward comes from being early and setting up your long trade before things begin to move. I don't think its been at .3 ratio, I think you meant to say .03. https://bitcointalk.org/index.php?topic=648429.msg7304748#msg7304748, because we have the best dev team. As an investment, bitcoin has had unique and pronounced risks, but that's changing, with new rules and regulations that have. BTC is going to be a monster in the next two years. The LTCN which is trading at an absurd premium of 3600%. First of all, investors should understand that a Litecoin investment is a risky play given the inherent volatility associated with cryptocurrencies and the level of volatility that the financial markets as a whole are seeing lately.. That doesn’t mean money cannot be made by investing in Litecoin, but traders should be cautious about … Bitcoin still a good investment april 2, 20210 comments in our online stock buying and selling evaluations, you can study about the options every platform includes and does not include, the charges you'll be able to anticipate to pay for stock and choices trading, and help companies supplied. Thread topics include, but are not limited to: General discussion related to the days events, technical analysis, trading ideas & strategies. Charlie lee devised a better version of bitcoin, yet not taking. Bitcoins are issued and managed without any central authority whatsoever: You can easily trade bitcoin for cash or assets. Start making smart investments today. Best Cryptocurrency To Invest In 2020 For Long Term / The Best Cryptocurrency To Invest In 2020 Blockoney - I will provide you complete list of digital currencies. Litecoin is now among 5 top crypto currencies across the globe. If you agree with those predictions, now is still a good time to get into bitcoin. Trending. Bitcoin is arguably 1 of the most liquid investment assets due to the worldwide establishment of trading platforms, exchanges and online brokerages. A distributed, worldwide, decentralized digital money. Here are 10 reasons you should avoid bitcoin like the plague. But, my returns would be higher in LTC. While still volatile, it tends to be one of the most stable cryptocurrencies, with the longest history, and has been the most consistent and best performing investment asset year after year for the. Litecoin is perfectly positioned to pick up the slack and be used alongside bitcoin. January 6, 21 the most profitable mining rig in 2021! Should I Buy Litecoin as a Short Term Investment? Most people involved with Litecoin (most, not all) remain content to just sit back and wait for it to ride Bitcoin's coattails to the moon...which I don't really think it will do. Charlie lee devised a better version of bitcoin, yet not taking. Is Bitcoin Still A Good Investment Reddit / How To Transfer Xrp To Etoro Wallet Day Trading Nz Reddit - I have a small amount of bitcoin that i've been holding for about half a year and recently i've accumulated some debt (about $300 which may not sound like a lot, but it's a shitload of money in my country) and i'll be forced to sell my bitcoin in order to stay debt free. A distributed, worldwide, decentralized digital money. So in my opinion, if BTC rises, LTC will follow and the BTC/LTC ratio goes back to 0.3 like it has been before. We must as a community inform everyone Elon and not leave the Litecoin Foundation alone as has been the case for too long. The other way to make money with cryptocurrency is based off the value. Read here for more. The current dollar price of a bit coin has no bearing on whether it is a good investment or not. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: Now is the right time to get into bitcoin invents, especially if you were already thinking about it before. Litecoin is the cheapest and most credible paypal coin outside of BTC and one of the cheapest on coinbase. For example, you spend $8,000 on a miner and in 12 months it mines $20,000 worth of your chosen cryptocurrency. 632 views Is Cardano A Good Investment? Currently, justin is the tax is bitcoin still a good investment reddit singapore compliance and legal officer of taxbit, a cryptocurrency tax software company that automates tax calculations and tax form generation for cryptocurrency users. Stable since 2012, emerging payment processors and LTC services has just begun. So, is litecoin a good investment? The hype around the price of a bit coin might tell you what kind of a gamble it would be to buy one, and also how terrible an investment it is. ... Facebook Twitter LinkedIn Tumblr Reddit WhatsApp Telegram. There's a good chance bitcoin will be worth as twice as it is now. I was able to trade with very little idea about trading but is bitcoin still a good investment i don't recommend anybody to go through that. But as good as bitcoin has been for investors in 2020, my blunt opinion is that it's a terrible investment. It is believed that LTC will dead drop by a handsome amount at the end of 2021. As of now it it normal but in long terms it will give you a solid return. You have to be willing to lose the money, if it doesn't work out. The lowest price target on PrimeXBT.com for Litecoin in 2021 is $500. It is constantly evolving and increasing in popularity. You can easily trade bitcoin for cash or assets. Before the highly anticipated event, the price of LTC managed to stage a rally of sorts as investors bought in since they expected the price to rise once the halving event took place. Here are the key milestones achieved by the litecoin team: January 6, 21 the most profitable mining rig in 2021! It is is bitcoin still a good investment true that binary option is easier for newbies in trading. Best penny cryptocurrency to invest in 2021 reddit. The long answer… it's complicated. It doesn't even really get mentioned with Bitcoin in the press anymore. Check Out ... / The hypothetical returns are negligible. Is Litecoin a good investment? As a general rule of thumb, it is expected that the more expensive crypto is, the more profitable mining it should be. Many feel that cryptocurrencies will be the cash of tomorrow, and LTC is ready to be that cash. No one can say for certain whether Bitcoin is a good investment. You can easily trade bitcoin for cash or assets. Bitcoin mining began as a well paid hobby for early adopters who had the chance to earn 50 btc every 10 minutes, mining from their bedrooms. (2) Transparent developers and association members. Bitcoin might be a good investment but bitcoin mining stocks aren't. Also as almost everyone agrees bitcoin is not ready yet for mass adoption in terms of scalability/blocksize. Which Crypto Has The Lowest Fees : Kraken vs Coinbase vs Binance vs Crypto.com: Lowest Fees ... - Which crypto exchange has the lowest fees? I just started to educate myself. Is Litecoin A Good Investment? To critically answer whether an ADA token is worth holding, it is best to know the factors that drive its value. Is Bitcoin Still A Good Investment Reddit / Investing In Dogecoin Doge Everything You Need To Know Securities Io - I just started to educate myself.. If you are planning in investing long-term, think of it like this: bitcoin = gold litecoin = silver Dogecoin = bronze. The other way to make money with cryptocurrency is based off the value. Currently, justin is the tax is bitcoin still a good investment reddit singapore compliance and legal officer of taxbit, a cryptocurrency tax software company that automates tax calculations and tax form generation for cryptocurrency users. Since Litecoin has always been an oscillator to BTC, if everyone believes BTC will go even higher, LTC will also follow? [Daily Discussion] - Thursday May 13, 2021 Welcome to the /r/LitecoinMarkets daily discussion thread! Very rich people will have to wrestle with knowing that they may be running out of time where they can afford a whole Bitcoin. The hype around the price of a bit coin might tell you what kind of a gamble it would be to buy one, and also how terrible an investment it is. Bitcoin is the currency of the internet: › bitcoin might be a good investment but bitcoin mining stocks aren't. As the narrative around, and acceptance of, bitcoin as digital gold grows, the network will store substantially more value. Bitcoin is not an investment, it's a gamble. Dash has strong fundamentals, good technical behind, and a relatively small circulating supply. For example, you spend $8,000 on a miner and in 12 months it mines $20,000 worth of your chosen cryptocurrency. The maximum price indicators in 2021 can reach the $240-$260 mark. It doesn't even really get mentioned with Bitcoin in the press anymore. We don't have the evangelists we need to push it outside of crypto circles. Currently, Litecoin is trading at $176—down from its recent high of $260. In 2021, there are some things that will fundamentally change People who presumed this was going to go away will have to come to terms with the fact that it isn't. It is risky as is, but if you vary your cryptocurrency portfolio you may be better off in the end.