lite coin is good investment. the reason why i think it is good is because bitcoin has a lot of issues such as energy wasting on mining but lite does not and it is pure currency like bitcoin. and it will go up and up
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do you think it could get any lower then it is now? or is this as low as it gets for a long time?
First thing I want to say is do not compare the price of Litecoin/Bitcoin. you need to see Litecoin/USD or Litecoin/CNY.
I will tell you my opinion base on coinbase litecoin/usd chart (1day). As you can see, the first high hit was $33 and crashed down to 24 and bounce up to $34 again and crash down and hit $34 again and now it is $29 (6/12). It means many people want to sell the price between 30~35 i guess and strong buy do not want to bring normal people to the top. That's why they shake so hard and dust people out so only few people can go up. Now MA line s normal and it goes up slowly like bitcoin ; since bitcoin over the price $1000 and crash down to $600 and that point, now it is $3000 like 10%every day, so i think it is perfect time to buy litecoin and hold it tight!!! good luck to you :)
Any potential factors you think LTC will boost?
As you know there are so many CryptoCurrency are having similar situation.
In money play, there is not need to know about factors on LTC. :) just read what people gonna do on LTC market !!
Do you get profit today~? I told you hold it tight!!! I hope you get some profit today (high hit $49)