LTC to the moon.
I’m getting antsy holding ETH…. I know enough about it to understand it’s not on par with bitcoin but it may continue to out pace BTC in the short term. How much longer am I willing to hold on to ETH? until it represents around 0.085 BTC(I don’t want to get too greedy)…. If you don’t measure performance vs BTC it isn’t worth the stress, work, risk or time.
¨What do you see, Roberto?¨
- Price speculation and price certainty. Speculation is ending and the market is apparently certain about LTC’s price vs BTC.
Meaning; Speculation may reignite.
argument for LTC:
Yesterday I had to send funds in the form of USDC from Binance to another exchange so my sister could convert it to MXN; send it to her mexican bank account and pay her Stella Adler tuition.
Neither Tauros or Bitso have USDC, I had to use something else.
I could change USDC into BTC and send BTC… but the transaction fee was almost 40 USD (800 MXN, I’ve traveled across the country for less $).
>>>>>or I could send it via LTC for a few cents.
- LTC has good liquidity.
- Trading pairs everywhere
- Easier to understand than LN
- LTC has a lot of value as a network, its been here a long time, its just like using bitcoin except faster and cheaper.
- And last but not least: it’s on the BTC LTC DOGE side of crypto not on the “blockchain not bitcoin” side thats running out of hype.
Once people realize LTC is a legit tool for moving money around the globe, the markets will bet on it again.
I’ve had a lot of people new to bitcoin asking about ripple because of it’s lower transactions fees and asking about Binance smart chain because of the lower cost of smart contract execution. I feel there is an opportunity that few are aware of and it is that Litecoin is accesible and it actually works.
Maybe the market will notice LTC is being overlooked and bet on it again restarting speculation. This could send the price to the moon.
I’m also pretty sure many institutional investors have been distracted by the siren call that is DeFi… but soon they’ll be dumping their $ into LTC’s market cap.
or maybe not...
this idea is 10 minutes old. Give me feedback, Im all ears.