One day Bitcoin (BTC) will reach a level too high for retail investors, and they will turn to the “Digital Silver”.
Litecoin is a very undervalued crypto, usually brushed off by many investors as they move to more hip investments. But, on the long range, Litecoin has been a semi-profitable investment depending on which time you bought it. Overall, it’s up, but if you bought at the top, it’s likely not going to reach profit or even breakeven for you anytime soon.
But hopes to change that are coming.
You see, Litecoin is much faster, cheaper, and more used for day-to-day wallet transactions than Bitcoin on many sites such as BitPay. With the hash rate at an all time high, investors pilling in hoping to re-test ATH, we hope to see LTC at $500+/ltc.
Why take the risk with meme coins that plummet within a few hours? Litecoin has been up for 13+ years with a 100% uptime. I mean, Litecoin is established, and a major player in the Crypto game. Here at Yerevan Times, a news business, we use Litecoin ourselves. For payments, transactions, we have been holding Litecoin for a while.
We have checked the charts and bought in at a great price of $98/ltc, at this moment it’s testing $101 after a dip from $110 this week.
This is NOT investment advice, and you should do your due diligence before investing in anything.
