LITECOIN! These past few days we've seen the price of Litecoin crash along with bitcoin and ethereum but we've yet to see the kind of value grow in Litecoin that the others have enjoyed. Update: The price of Litecoin is now up $9.40 from when this article was written on 6/16.
So why is this? Prices increase as demand rises, supply declines or remain is a lag with demand and when money is pumped into the the market. These past weeks we've seen huge sums of money being pumped into ETH and Bitcoin but Litecoin has escaped this attention. This cannon and will not last.
As one of the"big three" in cryptos that are supported by such marketplaces as the often down Coinsbase, look for Litecoin to be squarely in the cross hairs of future investors, institutional big money and crypto traders very soon.
I'm buying all day on dips below $28.00 and i'm backing up the truck on the waydown for anything below $25.00. The idea is to get your per share average as low as possible. **Update: Litecoin is up almost 25% from yesterday so i'm holding at this time. Increases this rapid are bound to correct.
I'm keeping Litecoin in my portfolio for the long term and when the price is right, I'm : Buy, Buy Buy!
Disclaimer that while I own Litecoin, I am not a financial advisor and I encourage everyone to do their own legwork and research.
