/biz/ - Business & Finance

I've been in Litecoin since the early days but always get burned by the long slumps like we're experiencing now and never sell the top. Regardless, LTC is the only crypto I've ever bought things with, and is preferred by most that accept crypto due to its speed and ease.

LTC is unironically what normies think BTC is (cash for the internet).

Haters can hate but I'll always keep ~15% of my stack in LTC. It's an OG coin that has stood the test of time and is probably the most widely accepted/used coin for actual commerce.

Just wait until it starts to peg more accurately to it's BTC ratio. You haven't seen anything yet.

Almost forgot to mention. Litecoin's maximum supply is 4x that of Bitcoin, yet only stands at ~1/60th of the price.

This won't mean anything to you brainlets, but myself and all the people I know who use crypto have only ever bought products using Litecoin.

Since 2013 I have used Litecoin on dozens of occasions to buy things with immediate confirmations, low fees, and high acceptance rate. Take that for what it's worth.

>>11844590
Buy now or cry in 2020

BTC and LTC move together

>>11828631
$3000 initial
$120k ATH
$23k currently

I will unironically never sell and can afford to bleed out completely.

LTC will be >$1000 before long and all you haters will be pink wojaking. Try not to cry and just buy.

>>11636160
>>11637473
Change up the script

>tfw comfy with 150+ LTC waiting for true BTC parity

>>10924753

Take a good hard look and tell me that you don't see the coordinated FUD targeting LTC. EVERY THREAD is just a bunch of:
>Charlie Lee sold his bags
>Copy/paste shitcoin
>No use case
>Better altcoins are being released
>LTC is only pumped from Coinbase
>Nobody cares about atomic swaps
>Nobody will buy LTC when ETC is on Coinbase
>LTC is for S O Y B O Y S

Meanwhile, LTC is one of the only coins still around after COUNTLESS "gen2/gen3 blockchains" were supposed to make it useless.

Spoiler: LTC won't be going anywhere anytime soon. Buy now or cry later when patrity happens and its ~4:1 LTC/BTC instead of ~115:1.

>>10621790
>>10621802
>>10621806
>>10621879
>>10621914
>>10621919
Kek

>>10528160
I have been buying 2 LTC on a weekly basis consistently for the last year or so with the exception of the peak, anywhere between $20-$100/each. This is in addition to the small stack I had been holding on Yobit since early 2014.

LTC will be $1000+ before long, and all the "hurr durr founder dumped his coins" brainlets will be pink with rage that they missed their chance.

>>10487074
Inb4
>Chinese pump and dump scam
>Founder sold his bags
>Hurr durr silver to BTC gold brainlets
>Useless old shitcoin

This coin will unironically make many anons rich. All the fudsters will be pink with rage they didn't buy sub-$100 when it's >$1500 EOY and all your shitcoins are now defunct projects without enough volume to even sell your bags at the bottom.

>>9066376
That invitation might also extend to Litecucks

Do we see the same +20% gain with BTC we saw just before with LTC?

Yes/No/meh

HODL it
Ignore these Pajeets. Litecoin is probably the closest coin to MASS ADOPTION.

You know, to actually buy your coffees and sandwiches with. It's a True Cryptocurrency. It's widely available, it's the faster brother of bitcoin.

Have you lost the way?

This was always been the endgame of crypto for mass adoption.

Storing your Litecoin as Bitcoin as Digital Gold (to increase value over time).

Liquidating your Bitcoin to Litecoin to buy your everyday coffee and groceries.

Why Litecoin and not stellar?

Litecoin was MADE for day-to-day transactions. Stellar's distribution is not made for such things. It's more like an Ethereum.

Why Litecoin?

https://www.express.co.uk/finance/city/914028/cryptocurrency-news-litecoin-litepay-bitcoin-blockchain-ripple-ethereum-launch

>withdraw via VISA debit
>spend litecoin where VISA is accepted

This is it boys. Mass adoption. The dream of crypto.

Will these two ever recover or are we fucked?

WTF! This morning it really looked like today was teh day for these 2. WHen I checked throughout the day at work - I still had hope.

I get home after work and it's all tanking hard. What the fuck did I miss?

If you're not holding Bitcoin and Litecoin right now, you are mentally retarded.

>>5156643
Things will stabilize leading up to Christmas.

Decide how many LTC you want and buy a little bit at a time to average out your costs as it fluctuates.

I'd say Dec 25 is the point of no return for LTC.

>>5067656
I bought a hardware wallet with funds from my wagecucking, but other than that, all 4 years of my crypto gains are currently unrealized. I don't plan to ever cash out the whole stack, just hopefully be able to spend it more effectively as time goes on and crypto becomes more accessible as a payment option.

Long hodl over here