Is Litecoin set to outshine Bitcoin in percentage gains?

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john.gweiFull Member
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#1Oct 9, 2020, 03:41 PM
Litecoin usually tracks Bitcoin’s movements, but it’s way more volatile. Is there a chance it can provide better returns this time around? Or is Litecoin just another overhyped coin since its market cap is already huge?
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pixel2014Hero Member
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#2Oct 9, 2020, 09:15 PM
It is very clear that litecoin is saturated already if that is the word I should use for you to understand. Bitcoin gave higher ROI if you compared both since their highest prices in 2021 to now. Litecoin is very far from all-time high. I do not think litecoin can even get to all-time high because it is more than 3x lower than its all-time high.
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sigma07Senior Member
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#3Oct 10, 2020, 02:33 AM
Charlie Lee left already the project and this is now run by the community. But looking at how it did performed for the past years, even with its halvings happened. I don't think that it's appropriate for you to compare Bitcoin gains to Litecoin's. These two are oranges and apples and you're not going to get good returns on it anymore unless you started from the bottom of its price. Yes, it's got a huge market cap but as long as it's saturated, it won't move a lot.
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tomdefiFull Member
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#4Oct 11, 2020, 01:57 PM
1. 19th on the CoinMarketCap rankings as of today 2. Nowhere near the previous all-time highs in 2018 and 2022 And yet we have Bitcoin already going past the previous all-time high some days a very long time ago. I don't want to sound biased, but Litecoin's good old times are probably long gone. As thing stand at the moments. Bitcoin's performance still out stands so many other altcoins.
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HumbleBitFull Member
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#5Oct 11, 2020, 04:09 PM
Well Litecoin all time high was in year 2021. And that price was $410. Now 1 LTC is less then $115 so we will need to see alot more gains for it to outperform Bitcoin. I do not hodl any LTC any more. Because I do think there is some other coins we can make more profit if we hodl them. But it did pass some key resistance and we maybe will see price recovery to $130. https://www.ainvest.com/news/litecoin-surges-key-resistance-bullish-momentum-2508/
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alt_2021Full Member
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#6Oct 11, 2020, 09:37 PM
If you don't want to invest in bitcoin and are looking for an altcoin that can give better returns and is safe, why not choose ETH? I have never invested in LTC so don't know much about it but with ETH it has consistently outperformed bitcoin in percentage gains over the last 2 cycles. And I also believe that will happen again because ETH has a smaller cap and higher volatility. Therefore, if you start investing now and are looking for an altcoin that can give good and safe returns. ETH would be the best choice.
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alexaltFull Member
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#7Oct 12, 2020, 05:29 PM
You shouldn't use a shitcoin to compare bitcoin the king of all cryptocurrency. Go and check the history of bitcoin price and check that of litecoin and you will see the big difference that it's impossible to give a half of the ROI of bitcoin in the long run. Bitcoin has made a new ATH and will still reach more ATH in future but nobody knows the faith of Litecoin. Litecoin was able to reach $410 in 2021 which was four years ago. The current price of Litecoin at $110 shows a significant drop in price and Etherum is about to reach its ATH but we ain't seeing that in Litecoin. Only bitcoin has the possibility to multiply your funds overtime.
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cipher_lynxSenior Member
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#8Oct 12, 2020, 07:42 PM
In terms of price and value, you don't need to start comparing LTC to Bitcoin. If you check how many X Bitcoin has done over the years, you will see that LTC is just getting started. Nobody compares adopted children to be in a good position to compete and take over; that's treason, so using the same approach to also compare the king of all altcoins.
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alex_shardSenior Member
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#9Oct 13, 2020, 12:09 AM
Comparing bitcoin to Litecoin is a terrible mistake that you will live to regret. Let me ask you, what exactly is propelling Litecoin that makes you think that the market will pump and give more ROI than bitcoin? Bitcoin just getting started, imagine when many nations have their strategic reserve and many big banks have major investments in bitcoin, that will drive the market to to an entirely new price region. Bitcoin is the right asset to buy now is bitcoin, don't think twice about it,
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#10Oct 13, 2020, 04:50 AM
The trend isn't good for Litecoin since, in the past few years, people were more into "blockchain platforms" like ETH, SOL, etc. I've made a spreadsheet of the top-10 coins in other forums a few weeks ago: And you can see that the majority of those coins are blockchain/dapp platforms.
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im_apeHero Member
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#11Oct 13, 2020, 11:42 AM
Short term or long term? It is obvious that nothing can compete with bitcoin in the long term simply because none of them have any true potential or anything new to offer that is useful in the real world that can get them the adoption they need to truly grow. This is evident from the past 16 years and tens of thousands of altcoins that have been created, many of which already dead. In short term things are different. For example you may find a 24-hour period or longer where any shitcoin gets pumped big time and "outperforms" bitcoin! That is the natural course of the altcoin market. But that is just pump and dumps and for risk takers. Another thing to consider for old altcoins is that their "pumpability" decreases over time. Because people get bored of them and also because the number of bag-holders increase over time. Therefore each time they get pumped, there will exist a larger number of bag-holders who will sell and dump the price sooner. This means a coin like LTC will have a much harder time to get pumped even in short term to "outperform" bitcoin...
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john.gweiFull Member
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#12Oct 13, 2020, 03:40 PM
I am very surprised with that performance. Even most of my clients like to pay with LTC because it is friendly to use. Still , it is not reflected in prices.
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john.gweiFull Member
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#13Oct 14, 2020, 10:25 PM
Make no mistake of comparing any altcoins with bitcoin it's actually a waste of comparison when all aspects are put in side-by-side. I always look at the long term growth and  profitability of a coin  for investment and these altcoins are lacking behind including litecoin. Altcoins ROI are momentarily which makes it risky because most of them don't pump anymore after their first or second pump and those that invest in it afterwards becomes cash out points.
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pixel2014Hero Member
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#14Oct 15, 2020, 04:06 AM
Ethereum also underperformed if you compared bitcoin and its price since their all-time high in 2021. Ethereum all-time high was $4891 but its price now is $4517. Bitcoin all-time high in 2021 was $69000 but its price right now is $109600. People that invested in ethereum that time are losing now but bitcoin investors are gaining.
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nonce_sigmaFull Member
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#15Oct 15, 2020, 08:45 AM
It could do as Bitcoin has obviously now be seen to deliver diminishing returns. You are more guaranteed to profit with Bitcoin than Litecoin though. It’s such an old coin now, Litecoin, it never really gained increasing adoption. Litecoin was the number two to Bitcoin many years ago, it just never really took off after the early OGs bought it.
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raven_2014Full Member
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#16Oct 15, 2020, 12:31 PM
Yea, you are absolutely right here sir, their is no way Litecoin is going to outperform Bitcoin especially on the longer run because alt coin have that tendency of falling more than they rise, due to large holders that sold almost at the same time just as you have rightfully said, and another thing is that because every now and then, more alt or meme coin are being created in todays market, investors that loves risking their money will likely gamble on them/shit coin, once they got their results either making profit or losing some money, they moves on to the next coin that is just entering the market, because they knows that the coin  they dump is more likely to keep on dumping than going up in value, so due to that, the possibilities of Litecoin outperforming Bitcoin especially on the longer run is like 1/500.
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wolf_blockFull Member
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#17Oct 15, 2020, 06:16 PM
If there is something I have learnt from Litecoin is it can be quite a disappointing holding if one is not careful with it. In general people go straight for Bitcoin when they are looking for a Proof of work coin and when comes to alternative currencies, investors seek to get into novelty coins, coins which have much more than being fast and cheap. Nowadays, it takes a coin with a smart contract, fast transactions and cheap transaction fees, among other features in order for those coins to catch the attention and money from investors.
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its_vaultFull Member
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#18Oct 16, 2020, 09:40 AM
This comparison of Litecoin with Bitcoin shouldn't be done because both are nowhere near equal to each other in value and gains. Check their one-year price performance to see for yourself whether Litecoin is in any way outperforming Bitcoin in price gains. In a few months or years from now, do you think Litecoin will turn around do better than bitcoin, surprisingly? No. The whole thing is that Litecoin can't bring as many gains as Bitcoin. It will be other altcoins it will do that to, not the king of crypto(Bitcoin)
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alt_2021Full Member
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#19Oct 16, 2020, 11:41 AM
Yes, what you say is not wrong with what happened but the bull season is not over yet. So it is still too early to conclude that ETH will underperform and not provide better returns than bitcoin. ETH is really just getting started as BTC.D starts to drop, from 65% to 57% and it is only a matter of time before it continues to drop below 50%. Additionally, a more reliable indicator of market flows is gradually shifting towards ETH as the ETH ETF has consistently outperformed the BTC ETF for nearly a month.  It can be said that the ETH cycle will explode soon and we need to wait until the bull season ends. We will know whether ETH or BTC will perform better.
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SilentGuruSenior Member
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#20Oct 16, 2020, 02:12 PM
Hardly see that play out. Litecoin is among the oldest altcoin but if people were to choose a blockchain that doesn't have smart contract feature or any other gimmicks, they'd go to bitcoin because it's the new gold. Litecoin on the other hand most likely gonna stagnate, but it's just my opinion and can be wrong. Doge got the meme coin narrative going, ethereum got the smart contract with defis, etc locking TVL at the billions. Meanwhile litecoin is just for remittance at best. So i can't really find the proper reasoning as to why it should climb in price.
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