Hello everyone,
This is a new video talking about Litecoin. I make some comparisons to Bitcoin and discuss a few topics to take into consideration when deciding whether or not this coin is currently investment worthy.
In short. I think it is a safe investment, but growth could be hindered if Bitcoin fixes it's scaling issues.
Feel free to discuss Litecoin below. If you find this video helpful in any way, a like and comment on youtube would be appreciated :). Thanks for watching!
I'm using LTC for most of my online transactions right now. It's very useful. Plus, it makes me nervous spending BTC, if I miss a digit or something I could accidentally over or under pay thousands. With LTC, it's unlikely I'll lose more than ~$10 making a dumb fingers mistake.
That's true. The low price is less prone to error, I suppose.
I also use litecoin a lot. Even if I want to trade BTC on bittrex for something, I buy LTC on coinbase, send it to bittrex, sell it for BTC then buy what I want because it is usually cheaper than paying the bitcoin network fee.
THAT'S EXACTLY WHAT I DO. LOL Keep rocking brother!
"Get me something fast, and CHEAP!"
Are you guys buying Litecoin right now? What do you think will happen if Bitcoin becomes fast and cheap to use?
Nice comparison
Thanks! I tried to give some information without going to deep into detail for people new to crypto.
Nice article. Same mindset here. The cryptospace definitely feels a bit inflated. However we also said that about the S&P 500 40 years ago Besides coinmarketcap.com there is: https://www.coincheckup.com I'm using this site that gives in depth reports on every tradable cryto in the market. Go to: https://www.coincheckup.com/coins/Litecoin#analysis For a complete Litecoin Detailed report