With LTC hovering just above $230 on Coinbase while Ethereum's blowing the doors off the competition in terms of growth, one wonders if it's an opportune time to buy (low) or if it's going to be left behind in 2018. Well, in my eyes, Litecoin is going to grow massively in 2018. Here are some recent arguments for investing in LTC, new highs hit this week:
Yesterday LTC hit a new high- roughly 50% of the transaction volume of BTC
https://bitinfocharts.com/comparison/transactions-btc-ltc.html#6m
LTC hashrate is increasing significantly
https://bitinfocharts.com/comparison/litecoin-hashrate.html#6m
It has a brilliant core dev team that are working for the good of the currency, not for their own ends
Litecoin will likely bounce back and hit new highs of around $500-$800 this year and it seems the perfect time to buy is now
I can't believe Litecoin is only $230 to be honest, especially since the fees are extremely low and with a maximum capacity of 56 transactions per second. I am very bullish on Litecoin this year as well.
Yeah I think the late 2017 rush created something of a 'bubble' that's now withdrawn and we're seeing organic growth again. LTC's quagmire is more related to its reliance on BTC's value, so as soon as the latter properly starts growing again, so will LTC. Its drop out of the most valuable coins is worrisome but I feel like it'll see a lot of investment with the plans the team have in 2018.
Perhaps fewer newbies and people trying to make a quick buck have heard of Litecoin yet.. Seems mostly like its all just a matter of patience
Yes hopefully we'll see a great LTC surge this Q1. It really is a great cryptocurrency compared to BTC, XRP, BCH.