Is Investing in LTC A Safe Option?

Hate2Wait

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• #1

I feel LTC is a popular crypto currency and investing around $50 or $100 in it is a good option.

What do you think?

 

arunima

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• Dec 21, 2022

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Crypto market is not a safe market. It depends much on the speculations and there is no fixed pattern of the fluctuations. So, nothing can be predicted there. It's a risky asset and one who needs to invest there needs to have a risk appetite..

 

Hate2Wait

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• #3

Thank correct and there are risks associated with it but I already have more than $40 investment in LTC

 

cherry123

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• Dec 21, 2022

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I think LTC is in the same range just like the Dogecoin so it is a popular one and nothing wrong with investing in it.

 

Hate2Wait

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• Dec 22, 2022

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• #5

Yeah this is why I invested close to $50 in LTC and now I am hoping to see its price going up

 

arunima

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• Dec 22, 2022

• #6

Ginger said:

Thank correct and there are risks associated with it but I already have more than $40 investment in LTC

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Are you planning to keep investing there seeing the current bearish phase being prolonged? Or you are planning to limit it for the time being till the market shows the signs of recovery?

Ginger said:

Yeah this is why I invested close to $50 in LTC and now I am hoping to see its price going up

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Well, many hope for the same. Let's wait and watch what the future holds.

 

Suba

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To enter the world of crypto or invest, at least we have basic knowledge of both technical and fundamental analysis, so it's not for beginners. Litecoin is a hard fork from Bitcoin, even though currently the price of crypto is in a bear market trend, you have to stay calm, because investing in crypto is for the long term.

 

hastral45

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It is good to invest on cryptos generally and not on LTC alone. But the current falls in the price of bitcoins has generally affected the market of the cryptos.

 

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Bisolami

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• Dec 22, 2022

• #9

Ginger said:

I feel LTC is a popular crypto currency and investing around $50 or $100 in it is a good option.

What do you think?

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I don't think so. Crypto market is unstable now so we need to be very mindful of the cons that we invest our money in

 

Hate2Wait

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• Dec 22, 2022

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Yes you are right, I don't have much experience so I am not 100% sure but slowly learning and still making mistakes

 

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Bisolami

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Ginger said:

Yes you are right, I don't have much experience so I am not 100% sure but slowly learning and still making mistakes

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But make sure you don't invest a much in case it does not go as planned. You know how crptocurrency can be

 

Reedex

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• Jan 18, 2023

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I have couple of friends you are investing in LT'. I have not tried it out, but know this it will be a very good cryptocurrency to try out.

 

flower

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Littcoin is one of the foremost cryptocurrency coin that most of the people would love to invest on because basically it is going to give them reasonable profit most especially if you know how to analyse the market.

 

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gammarays

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• Mar 6, 2023

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Investing in LTC is not a bad idea as it's one of the most popular tokens around. However to me I will prefer to invest in low cap gems probably below 50m mcap.

 

uptrendfinancialsignal

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HTC is one of the promising cryptocurrency that you can trust because it has huge potentials.

 

Reedex

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LTC investment is a very promising way to make money online provided you understand how to analyse the market.

 

uptrendfinancialsignal

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• Mar 17, 2023

• #17

lens said:

LTC investment is a very promising way to make money online provided you understand how to analyse the market.

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It is true that LTC is a promising cryptocurrency to try out.