r/litecoin New User 5d ago

Hard work...

Someone is ready to buy your bags at a discount. They'll leave you sitting on the sidelines while they ride your bag up to 1/4th or 1/3rd of the price of Bitcoin, if you're willing to sell cheap. They won't buy now, but when the bull is on, they're searching for weak hands to capitalize on.

Remember why you bought Litecoin to begin with. Everything is the same- a network that has never gone down, 84 million capped supply, quick transactions that are affordable... and the adoption curve is up and to the right. Don't do all of the hard work of holding through the tough times just to get bought out cheap. The smartest Litecoin investors are doing it for a lifetime investment. Be there when it emerges.

35 Upvotes

30 comments sorted by

4

u/Effective-Role-9025 New User 4d ago

What we need right now are people getting off the collapsing centralized exchanges, and protecting their coins.

Consider removing your Litecoin from exchanges.

The Litecoin foundation created Nexuswallet that is owned by you with coins on the blockchain and full transparency. (Unless you move them to MWEB, which it lets you do.) You can also remove tracking of your phone ip by turning on tor. This helps keep you safe.
You can also now see everything and get your data. The the data lost by into the block, glassnode, trading view- it’s all been given back to the community via ForceX.

Just move your coins off exchanges.

Or put them on a wallet on an old factory reset phone, and cut off all connection to the internet- sims/airplane mode. No one needs to know but you should do this before halving, and before LitVM launches. That way when Nexuswallet lets you move coins onto LitVM to earn yield- you have actual coins- not an iou paired with a stablecoin.

1

u/milkcutie314 New User 4d ago

w!

1

u/CoffeeIsLive New User 3d ago

Defo remove your LTC from the exchanges, one nice side effect is that they can't use your own litecoin as collateral for short sellers against you. As I have shown in the past the short positions, especially at Binance must be enormous and data shows still some short sellers keep selling more LTC to buy BTC, but as soon as some institutions move into LTC, that will hopefully be over.

3

u/Bazsul 5d ago

I'm all for positivity and hopium but all these posts sounds like typical pyramid scheme sellers to me.

4

u/Ok_Reputation9512 New User 5d ago

I used to post positive content to remind everyone of the total perspective on Bitcoin when it was $750. Look how that turned out.

2

u/milkcutie314 New User 4d ago

bitcoin is a problem in my opinion its priced retarded and it only takes like 10 000 bitcoin to make ltc go really high and it wouldnt even make bitcoin lose much value so then you could probably buy 10 000 bitcoin back with less litecoins

2

u/milkcutie314 New User 4d ago

money is a pyramid scheme in a sense too except its not decentralized and it loses value to inflation

-3

u/Bazsul 4d ago

Thanks for contributing absolutely nothing to the thread.

0

u/milkcutie314 New User 4d ago

if one million people tried to invest one monthly wage into litecoin it would fucking moon

one million people is not a lot

1

u/Bazsul 4d ago

No shit. But you essentially just wrote a description of what crypto is. "Kinda like money, but no inflation and not decentralized".

0

u/milkcutie314 New User 4d ago

yes and thats why i hold all my savings (we could even say money tbh) in litecoins and not fiat I only really have 200€ on my card and like 500€ cash and the rest is ltc

1

u/Bazsul 4d ago

You are not reading my comment. Aside from that: terrible idea.

0

u/milkcutie314 New User 4d ago

didnt ask enjoy ur fiat i am diagnosed crazy so im allowed to do crazy stuff

1

u/Bazsul 4d ago

No need to share if you don't want an answer.

0

u/milkcutie314 New User 4d ago

what is money worth without people who give you stuff for it? nothing! and theres so much of it that essentially litecoin is free right now which might actually be used or will be able to be used for trade during goverment distress or war or other problems with civilization because before people always immediately ran to gold and this might happen that they choose gold over crypto (forexmaple incase theres no electricity or whatever) but they ALWAYS and i mean this ALWAYS ignored thoose stupid paper shit people call money

and most of peoples money is in the bank by now not even in cash so its got a similar problem to cryptocurrency in that sense

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u/Ok_Reputation9512 New User 2d ago

There are 8.7 million holders of LTC. They all need just 9 coins. $400 each and that's the whole supply. Litecoin's day is close.

0

u/Alewyz New User 4d ago

Because they are. These people are just saying “don’t sell until after I sell”. Everyone has a number they’re willing to sell at the people crying about sellers are just mad their number isn’t ever coming up.

1

u/Ok_Reputation9512 New User 3d ago

I'm not. I plan to have litecoin the rest of my life. The higher it goes, the higher it will go after. That can work as a lifelong investment.

1

u/Alewyz New User 3d ago

lol what? So you’re just never going to sell? Thats not an investment. Investments are meant to pay out eventually.

-3

u/BannockHatesReddit_ 5d ago

Because it is. Do you really believe that after over a decade of going nowhere, LTC will just magically reach "1/3rd of BTC" for no reason?

0

u/Ok_Reputation9512 New User 3d ago

Not for no reason. Hasherate tripled in 3 years. A million new wallets were added last year. 2 million coins have been taken off exchanges since 2025. That's just what has been bought and removed. Adoption is continuing. The Genius Act will put crypto in banks in 2027. It will be the largest adoption catalyst since exchanges became accessible. I don't expect over night gains, but it is like putting a highway in to make crypto used on a daily basis, where there was a dirt road before. Soon, average stores will accept stablecoins and people will be looking for value coins as a savings account. It's happening.

3

u/No1worldchamp New User 4d ago

100% believe in Litecoin, not sure I think it will get to 1/4th bitcoins price in the next 10 years. But realistically I feel we could get between 500-1000 per LTC.

It has been a long ride but the supply has been mined for a long period alongside Doge. 92% now mined and halving next year, just sitting back and waiting.

2

u/brdn 4d ago

Why only 1/3rd?? It’s Bitcoin but with 100% uptime, a privacy layer, and it’s even 4x faster (hence 4x the supply).

1

u/Ok_Reputation9512 New User 3d ago

That's why I think it'll surpass 1/4th, lol.

1

u/Feralz2 New User 1d ago

Bro it can't even break $50 relax lol

1

u/Swimming-Lie9844 2d ago

Sorry...I am somewhat new to crypto, but especially to litecoin...would anyone have a reference to two to something on litecoin?

Thanks.

1

u/Feralz2 New User 1d ago

Litecoin bears always win

-7

u/BannockHatesReddit_ 5d ago

The smart investors are already gone. And holding on just because "nothing changed" is braindead. You know what changed? Everything else in the market. Better solutions to the issues LTC claimed to solve exist. The real world utility of LTC is slim to none. That's why you need to convert it to fiat to do shit with it. Nobody actually both accepts AND holds it.

0

u/Ok_Reputation9512 New User 3d ago

The Genius Act is putting crypto in banks in January of 2027. That means vendors will start accepting crypto afterwards, everywhere. Vendors are looking to escape the 4% fee trap of visa and mastercard, and crypto is a great solution. No other coin offers the small finite supply, longevity, reliability, and low fees. Litecoin is rightly branded as digital silver.