Why You Should Invest in Litecoin

Why You Should Invest in Litecoin Clone of Bitcoin, that has been around for more than 5 years. Its consider the Silver of crypto as Gold is Bitcoin and its founder is Charlie Lee.

It's supposed to be faster and cheaper than litecoin and focused more on smaller transactions. Why You Should Invest in Litecoin

Total coins will be 84 million and as of today is worth: 29 USD

"Why You Should Invest in Litecoin"

In 2013, bitcoin gained +11,000% and litecoin gained +500% over the price of bitcoin during its peak. The price of LTC hit an all-time high of around $50 on some exchanges. 

The last major litecoin rally was during the summer of 2015 when a Chinese LTC Ponzi scheme managed to accumulate at least 20% of the entire supply. Most of that supply was instantly dumped and the LTC/BTC markets have been on a long bear trend since.

So Should you invest?

A couple of things to talk about:

Are you a longer-term investor, trader, or risk taker?

Let's look at some pros and cons.'Why You Should Invest in Litecoin'

Pros:

SEGWIT AND LIGHTNING NETWORK INTEGRATION

Litecoin is currently in the process of trying to help bitcoin’s scaling debate by moving towards the activation of Segregated Witness and Lightning Networks. Litecoin founder Charlie Lee stated in a recent post: 

Been around since the beginning 

Strong community 

Coinbase just added Litcoin: Increase acquisition 

Litecoin has a fraction of the transaction fees of bitcoin,

Cons:

If Bitcoin goes Segwit, Bitcoin will almost offer the same features as litecoin. So many will hedge towards bitcoin. 

Not new. Not really solving any new problem. 

Conclusion:

The probabilities of Litecoin going up is good. But like anything never invests what you can't lose.

Litecoin LTC Price Predictions  2017

Litecoin Price Prediction October 2017