LTC

biba8163

> Especially considering the God awful tokekomics You invest in CRO. They created 100 BILLION tokens just a few years ago and gifted it all to themselves and said they burned 70 Billion... > And also the marketing they do is nothing to scoff at....Major sponsorships like the UFC for years to come will only bring more eyeballs to them and crypto in general. https://np.reddit.com/r/CryptoCurrency/comments/1bo28k4/time_to_take_another_look_at_the_cro_token/kwo7lsj/ > Yep that’s why I dipped out in 2018/2019. I wasn’t a true believer, knew it was inflationary. You invest in DOT. Created over a BILLION tokens and gifted it to themselves and currently has 10% inflation on top of that > My portfolio is 88% Polkadot https://np.reddit.com/r/CryptoCurrency/comments/1bo28k4/time_to_take_another_look_at_the_cro_token/kwo7lsj/ I don't hold Doge and he supply is quite centralized but it's merge mined with LTC and has a 3.6% supply inflation rate. The fact that people invest in absolute 100% supply out of thin air shitcoins like CRO and DOT and talk shit about DOGE inflation really is fucking baffling.

ThatChrisGuy7

LTC is going to make some moves here

YamsForEveryone

I’d like to know too. I’d prefer LTC over doge. In fact, ltc is a coin you can trade between 50 usd and 100 usd frequently.

Code2008

I'm tapped out. Just letting my ETH stake and hope LTC goes back to 300 again some day...

xen91

have you though about the transaction fees? If a customer is paying in BTC and there is a $100 transaction fee on top and a 6+ hour wait for the transaction to go through, they might prefer to pay with a credit card... You could use lightening etc, but I just can't get my head around it, seems like a bodge to me. But other cryptos like LTC , XMR , etc are cheap and fast, but not so well used... so not sure what the answer is. Maybe offer a 10% discount if they pay in LTC or XMR ?

zooka19

Wanna sell ADA and LTC, but I'm red. I also wanna buy some XRP. I know you'll all hate me and think I'm crazy.

nugymmer

BTC because it's the first one and the most capitalised. ETH because of its flexibility and it was also the first smart contract network. LINK because it's the first decentralized oracle system. HBAR is involved with very large companies. LTC of course goes without saying, being the first BTC clone with a different tokenomics scheme. Those 5 should do well.

nugymmer

Long term, I would bring it down to say 5 projects. Of course the first one being BTC, then ETH, then LINK. After that we then add HBAR and LTC.

alyhandro

LTC underated

RubberyDolphin

How far down the list would we put LTC, XRP, or MATIC (used to think these were top 3 contenders)?

alwxcanhk

For every $100, buy: $50 BTC, $20 ETH, $10 SOL, $5 AVAX, $5 LINK, $5 LTC, $2.5 BCH, 2.5 AR (or just $5 BCH)

branajgka

You can actually achieve the same thing with FUN using Fizenwallet. Instead of needing someone's account details, you can just scan a QR code to send them FUN easily. Also, BTC, LTC

GrandmasGiantGaper

OK here's a usecase regard. 1. you live in china and you want to send money outside of the country 2. you can't 3. oh wait, you can use a VPN and send someone LTC there you go, there's a single use case

SK8TINGBLIND

LTC’s block size are 4x larger than btc’s

otherwisemilk

LTC is great if no one uses it. But with any actual usage it too will be riddled with fees. LTC has the same shortcomings as BTC.

purplecowz

so they've doubled their LTC holdings and you think it doesn't matter? ok. thanks for being rude for no reason though

vinibarbosa

I have received payments in cryptocurrency since 2020. First, partially, in exchange for a few writing gigs; but now I'm fully paid in crypto and I currently feed my family with these payments. My first choice is Nano (XNO). 1. Zero fees make a huge difference in the long term for both the sender (who pays) and the receiver (myself). 2. Deterministic finality makes sure the transaction is irreversible as soon as it receives the first confirmation. 3. Finality in \~600ms on average gives the security of a successful settlement and diminishes the price-spread risk from the time the payment was sent to the time the payment is received and can be liquidated (if desired) by the receiving party. This is also often overlooked, but as of great importance in such a volatile market. I would also gladly use Monero (XMR) due to its privay-by-default characteristic; or take other efficient decentralized cryptocurrencies like Bitcoin Cash (BCH) or Litecoin (LTC). XNO and XMR are my two favorite options, tho.

2LostFlamingos

Lite coin LTC is the play here. Accepted nearly every exchange.

MEISENSTEIN

LTC is the obvious answer here. Or pick a stable coin.

Elegant_Support_8082

CEX = centralized Exchange. A lot of times if you want to end up converting crypto into your local cash currency and or send it to your bank, you’d have to end up using a CEX like Coinbase or Kraken to cash out. LTC has Litewallet which has some options to cash out using gift cards and Among other options

captaincrypton

LTC, or ADA,or ADA or Cardano

biba8163

> Please tell me why Grayscale is scooping up Litecoin if it's a bad investment Sure, I am always happy to expose pure foolishness. Institutional interest in crypto outside of BTC and ETH is negligible. There has been more demand ETC than LTC - it's still negligible to make a market impact. In 2020 Grayscale had: - $10 Billion in BTC - $1.7 Billion ETH under management - $74 Million in ETC - $74 Million in LTC - $58 Million BCH https://www.coindesk.com/markets/2020/12/15/grayscale-now-has-13b-in-crypto-assets-under-management/ In 2024 Grayscale has: - ~$50 Billion in BTC is owned by Grayscale and the other ETFs - $9.2 Billion in ETH under management - $315 Million in ETC - $162 Million in BCH - $149 Million in LTC https://www.grayscale.com/crypto-products

modpr0be

BCH and LTC for me. Always supported, low fees.

cjbronx225

XRP would be my first choice. LTC is also good and widely accepted

Asheddit

LTC shillers don't understand LTC/BTC.

biba8163

- LTC's BTC high was .04792 in late 2013. If it kept up with BTC, the price would be $3,040 $50 in 2013. $80 in 2024. Why would you sell that kind of performance?

lucalolio

Monero is a good coin but delisted from many exchanges, LTC or BCH is prob what I'd recommend low fees, pretty fast easy to sell

ODABBOTT

Can’t speak for LTC as I don’t own any and haven’t done any major research, but at some stage ADA will have its moment during this bull. Same thing happened last cycle; nothing for ages, everyone panning it as a dead coin or stable coin, and then BOOM green candles and ath’s. Just make sure not to get greedy and sell some when you’re up!

Own_Television_6424

LTC is a main candidate for a etf.

purplecowz

I would not sell LTC

tylertheagressor

I suggest LTC. Fees almost not exsisting. A lot of p2p cashout options

phatangus

LTC is one of the top 10 alts in the [LGBTCQIA+](https://www.reddit.com/r/CryptoCurrency/comments/1cdafv5/following_on_the_success_of_btc_etfs_the_next/) list. Definitely index fund material.

zooka19

Wanna cut LTC and ADA but don't feel like throwing away $400

PentoliteUK

LTC is king

SK8TINGBLIND

LTC is the way.

SK8TINGBLIND

LTC. It’s so fast and cheap. I always buy a little bit of LTC on the side then I buy BTC. My LTC transaction are always super cheap and confirm faster.

PeyroniesCat

I’m very fond of LTC as well. It’s practically free whenever I need to transfer between exchanges.

Dracian

LTC or SOL. I can’t say much other than I’ve found people that said they’d accept it. I bought a tablet from someone and paid with BTC. Smart move on their part if they held it.

DangerHighVoltage111

BitcoinCash > Monero > Dash, nano, LTC

Difficult-Way-9563

LTC. There might be better as in faster, cheaper or more secure, but LTC is good fees and pretty fast but had these going for it the others don’t. 1) History/uptime: been around as long as BTC and hasn’t had a major (or even minor) issue that I’ve heard. 2). Most popular form of payment for alts in the wild: haven’t seen any other alts being accepted as forms of payments besides LTC, ETH, and DOGE. An alt can be the fastest, cheapest, and most secure but doesn’t mean anything if it’s not accepted many places.

Xylber

LTC or SOL And Monero if you need privacy. Not as good option: something in Binance SMart Chain, BNB or CAKE.

CointestMod

#Litecoin Con-Arguments Below is a Litecoin con-argument written by DaddySkates. > When LTC released, everyone was talking about it. In some time people started the saying about “LTC is the silver to BTC gold”. And frankly it used to be true. > > Nowadays people rarely talk about LTC anymore.. and when they do its in the connection with its founder selling his holdings at absolute ATH which made people run away from LTC not trusting them again. BTC is leader-less for a reason. > Satoshi knew that it will be more successful without a founding father. And its true. > > LTC isnt going to be “killed” by the lack of technology. Its because of the poor decisions that their leader dod without any care for the projects future. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Litecoin) to find submissions for other topics.

CointestMod

#Litecoin Pro-Arguments Below is a Litecoin pro-argument written by FrogsDoBeCool. > # Litecoin - A Cryptocurrency With Currency in Mind > > Disclosure: I have never owned Litecoin, I do not personally believe it is a profitable investment compared to other cryptos, but is a safe crypto to bet on. I have made a Cointest on this topic previously, which has been copied pasted here. This submission is supposed to be readable for any one person just starting in crypto, but does delve into more technicals later on. > > ​ > > # The Start of Litecoin > > * **Charlie Lee,** the [founder](https://en.wikipedia.org/wiki/Charlie_Lee_(computer_scientist)#cite_note-Williams-Grut_2018-1) and developer of Litecoin. Lee begun his life at Ivory coast, his family being Chinese immigrants at the time. During his teens, he moved to the United States where he finished [Highschool](https://www.cusd20.com/o/lhs) and [College.](https://en.wikipedia.org/wiki/Massachusetts_Institute_of_Technology) His major being in Computer Science, and eventually his master's being in Computer science as well. > * After College, Charlie had begun working [on getting hired](https://www.linkedin.com/in/chocobo/), from 2000 to 2007 he worked at a couple of small technology companies, but in September of 2007 he was able to be hired at Google! He has helped build several key features of Chrome until 2013. > * In 2011, Charlie learned of bitcoin via the [silk road](https://www.investopedia.com/terms/s/silk-road.asp), due to his already skeptical nature of the government he instantly was fond of bitcoin, he began mining bitcoin in 2011 but soon realized the faults bitcoin had, and began building what is now called Litecoin. > * **Litecoin's Foundations** > * Litecoin was built in C++ and officially was a fork of Bitcoin. All Operating systems allow for Litecoin to be used and developed on except some minor operating systems, and a couple of major ones like - chrome os, mac os. > * Litecoin works similar in bitcoin in that every 4\~ years the reward for mining is [halved](https://stormgain.com/blog/litecoin-ltc-halving#:~:text=more%20acceptable%20values.-,When%20is%20the%20next%20Litecoin%20halving%3F,will%20drop%20to%206.25%20LTC). The next being in 2023. > * Litecoin was built to act as cash, since every transaction cost (currently) around [$0.02.](https://bitinfocharts.com/litecoin/) Litecoin has a block time of 2.5 minutes, meaning every 2.5 minutes a transaction block is verified, leaving quicker transactions and less bloat in the network. The only time 2.5 minutes per block was overextended was in [2012](https://bitinfocharts.com/comparison/litecoin-confirmationtime.html#3y) when Litecoin during Litecoin's early release. > * Litecoin has about 50 transactions per second, about ten times better than bitcoin. > * The richest litecoin wallet owns about 6.5% of all litecoin's. From what I could find (not a lot) this may be an exchange's cold wallet. They dca into litecoin a lot, but buy at pretty bad times, nearly doubling its LTC held just days before the may crash. > * [Open Source](https://github.com/litecoin-project/litecoin) > * Litecoin is fully decentralized in the fact any one person could submit code into the network and as long as a majority of miners agree to that fork it will be implimented. This is similar to bitcoin. > * Litecoin made its own satoshi esque vocabulary, a photon. > * The Hashing Algorithm > * Since Litecoin works on Proof of Work, it needed to find a solution to ASICS, a crypto mining specific cpu. Litecoin solves this with [scrypt](https://www.mycryptopedia.com/litecoin-scrypt-algorithm-explained/#:~:text=Scrypt%20is%20a%20hash%20function,Litecoin%20and%20Bitcoin%20protocols%20respectively). What's funny is apparently since Dogecoin is a fork of Litecoin anyone can mine both Litecoin and Dogecoin simultaneously on the same network. > * There was no pre-mine on Litecoin. The first people who mined got the most. The supply of Litecoin is about 84 million at maximum. > * The price of Litecoin just barely went over its [2017](https://coinmarketcap.com/currencies/litecoin/) peak, which to many sounds bad, although 80-90% of all cryptocurrencies failed during the 2018 bear run, so litecoin has still beat the majority of the market. > > # What Litecoin is Now > > * **Litecoin was the first major cryptocurrency to implement the lightning network.** > * The Lightning network > * The lightning network is a layer two solution to build scalability, security, and speed upon bitcoin, but in this case, [Litecoin.](https://en.wikipedia.org/wiki/Lightning_Network#:~:text=On%20May%2010%2C%202017%2C%20Christian,a%20fraction%20of%20a%20second) > * Taken from my "Lightning network pro july - aug 2021"... "The lightning network to work basically sets up a channel that connects the network from the sender and receiver. The lightning networks uses multi-signature transactions to confirm a lightning channel. Time locks are also used, which is a way to stop transactions from instantly being executed. Time locks are most commonly used when there’s a lot of demand for bitcoin transactions, and not enough blocks being confirmed." > * TLDR: Lightning network will may litecoin even faster, secure, and decentralized than ever. > * **Mimble Wimble** > * Mimble Wimble is the update to Litecoin, it is THE update to litecoin to include complete privacy, comparable to Zcash and Monero, but with scalability and [security](https://coinmarketcap.com/alexandria/article/what-is-mimblewimble). Mimble wimble was first thought of in 2016, but took 4 years to begin testing on the litecoin test-net. > * mimble wimble hides the amount of litecoin sent, the address, and even the ip of the user sending the litecoin, thanks to [Dandelion.](https://medium.com/beam-mw/about-dandelion-and-mimblewimble-e083597e0355) > * To explain further, Litecoin Mimble wimble has no addresses. transactions and private keys are verified no longer by signing, but "Proof of ownership is instead achieved through methods similar to CoinJoin and Confidential Transactions. Input and output owners form a multi-signature to sign off on each block, eliminating the need for addresses," [source](https://medium.com/interdax/litecoins-mimblewimble-extension-block-proposal-209337b38b11) > * **OmniLite** > * OmniLite for the litecoin network adds support for smart contracts, easily created crypto currencies, and nfts. Meaning as of September, Litecoin while using Omnilite, [supports smart contracts and nfts.](https://litecoin-foundation.org/omnilite-launches-for-the-litecoin-network/) > * Omnilite was mainly developed by a worker and programmer of the litecoin foundation, Loshan T. > > # Conclusion > > * Litecoin's past and trajectory as one of the most popular cryptocurrencies continues with the development that the litecoin foundation puts into Litecoin to this day. > * The ability to include smart contracts, cheap transactions, scalability, and security helps solve the [cryptocurrency trilemma](https://www.gemini.com/cryptopedia/blockchain-trilemma-decentralization-scalability-definition#:~:text=The%20blockchain%20trilemma%20refers%20to,decentralization%2C%20security%2C%20and%20scalability), the first cryptocurrency to perfect the trilemma will become one of the most invested, used, and popular, Litecoin is close. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Litecoin) to find submissions for other topics.

brianddk

I'd stick to the top 20 market cap coins, and entertain layer-2 for BTC and ETH. So coins you could offer: BTC-LN, ETH-Poly, BNB, XRP, DOGE, BCH, LTC

Browniano

Transfer fees are always a multiple of blockchain real costs because CEXs keep moving coins to/from their inner wallets to clients' addresses. One way to avoid this is using coins/tokens with reduced transfer fees such as LTC, BCH, XRP, XLM, EOS or use a different blockchain with reduced costs (e.g.: Polygon, BNB...).

apathy420

Except my good ol long time pal LTC. LTC do what it wants!

CRABMAN1981

1. Don't use Coinbase for gambling sites. They hate it and will shut you down. 2. Don't use Bitcoin to gamble with - use LTC or USDT - much cheaper fees

ThatChrisGuy7

It’s not too late to get on LTC. It’ll be 100 before you know it

purplecowz

because it's undervalued. Grayscale is vacuuming up LTC. It's being implemented as a mainstream payment method on a large scale. It could also be close to next in line for an ETF.

ThatChrisGuy7

LTC might be finally starting its usual delayed BTC follow upwards

monerobull

The list is braindead. Monero is the complete opposite of "no utility, only price speculation". LTC shouldn't be on there either.

Reach_Beyond

I can’t even think of what half those coins you listed are. At least be realistic the ETF would be 50% BTC, 30% ETH, 5% BNB/SOL/XRP/ADA. No one is holding an ETF with your shit bags so heavily weighted. 20% LTC when they are <1% market cap?

Smiling_Jack_

So dumb. Going farther out the risk curve into alts doesn't minimize your risk, OP. Very few alts appreciate against Bitcoin beyond one cycle. Look at your LTC. It's been utterly spanked by BTC for a decade now. It's literally more risk and less return.

iamsoldats

Good. ETH is a bald-faced security. They should rescind ETH futures while they are at it and then fast track LTC and DOGE spot ETFs.

SquatDeadliftBench

Remember [LTC and Wal-Mart partnership](https://corporate.walmart.com/news/2021/09/13/walmart-statement-in-response-to-fake-litecoin-press-release)...lol, man, that was one hell of a night. > Walmart was the subject of a fake news release issued on Monday, Sept. 13, that falsely stated Walmart announced a partnership with Litecoin (LTC). Walmart had no knowledge of the press release issued by GlobeNewswire, and it is incorrect. Walmart has no relationship with Litecoin.

lukokius1

SOL raising a new gen of lunatics. LTC is proud.

CounterAdmirable4218

LTC will be before ETH in my opinion.

dannygladiolas

I do not know, but what I like LTC it is accepted on all CEX with a fraction of cents.

gr8ful4

Why? BTC and ETH are intended to be high price. Just use a low fee alternative like LTC, BCH or XMR.

WR3CKONER

I agree from an investment standpoint that it may never hit a large market cap like BTC or ETH, but from a decentralized/privacy standpoint and store of wealth/currency XMR can’t be beat. Also I get that binance is the largest CEX in the world, that XMR is being banned in the EU, but that’s because they’re afraid of it. Wasn’t the point of crypto to be your own bank and not have the government know your financial moves? I would like to also add LTC/BCH to my portfolio once I get a chance. For now I’m holding XMR and it is definitely incredibly undervalued, and I respectfully disagree that privacy coins will not survive. You don’t need an CEX to purchase XMR. XMR is what Bitcoin was meant to be.

gr8ful4

You re more than correct. And you miss the few actual "useful"cryptos such as 1. Monero 1. LTC/BCH 1. BTC 1. ETH

Ok-Signature8177

Welcome to the crypto community! Congrats on taking the first step. With your current holdings, you've got a great starting point. When considering investments, remember to: 1. Diversify your portfolio 2. Research each coin's use case and potential 3. Set clear goals and risk tolerance 4. Stay up-to-date with market trends and news As for your current holdings, LTC and XRP are established players, while ICP and ADA have promising futures. Consider exploring other coins with strong use cases and potential for growth. Remember, investing in crypto carries risks, and it's essential to educate yourself. If you're new to crypto, consider starting with reputable resources like Coindesk, CryptoSlate, or even our community's wiki page. We're happy to help you navigate the space! Also, a friendly reminder: always be cautious of risky investments like binary options, which can be detrimental to your financial health. Prioritize informed decisions and responsible investing!

Ok-Signature8177

Welcome to the crypto community! Congrats on taking the first step. With your current holdings, you've got a great starting point. When considering investments, remember to: 1. Diversify your portfolio 2. Research each coin's use case and potential 3. Set clear goals and risk tolerance 4. Stay up-to-date with market trends and news As for your current holdings, LTC and XRP are established players, while ICP and ADA have promising futures. Consider exploring other coins with strong use cases and potential for growth. Remember, investing in crypto carries risks, and it's essential to educate yourself. If you're new to crypto, consider starting with reputable resources like Coindesk, CryptoSlate, or even our community's wiki page. We're happy to help you navigate the space! Also, a friendly reminder: always be cautious of risky investments like binary options, which can be detrimental to your financial health. Prioritize informed decisions and responsible investing!

MoneroFox

If you liked BTC, you can use similar public coins such as BCH, LTC, ... there are many possibilities. If you don't want to support ASIC manufacturers and Chanalysis, then try Monero.

Aired_

Buy a small amount of something else and swap if you can't find a reliable exchange. Simpleswap has it listed at the time of this post 1 LTC would get you 13.4 TON. Can swap as little as .25 LTC ($20)

PushTheButtonPlease

Has anyone said LTC or BCH yet? If so, never mind.

NightKnight_CZ

Litecoin is going to be used more and more... 99% will be out-priced of BTC. BTC for large transactions, nations, corporates etc... Litecoin for all whole of Asia, South America, Eastern Europe, Africa, normal daily usage. LTC is going to $1000+

Hurricane_Ivan

I'll be prioritizing the following (greatest to least): * LCX * QNT * LINK * XMR * ATOM Maybe a bit into LTC too.

nwaFZ

LTC, Jasmy, XYO , ALGO and SWFT for the what the hell why not play

No-Procedure8207

Unpopular… Very unpopular but LTC DAG ADS

KilgoreThunfisch

Welcome to the reddit crypto community, we eat the young here. Be prepared to be met with just downvotes as you first start learning. [Binance](https://academy.binance.com/en) is a good place to start learning. The market though generally is like a giant sea, the tide rises and falls about the same way everywhere. There will be a few outperformers compared to others, but do your research, there will almost always be a reason for this. BTC sets the trend generally, and then all the others like ETH, LTC and SOL and so on follow that trend.

Whiskeywonder

Decentralized doesn’t mean it will perform as a monetary safe haven. Really only Bitcoin has that position. You can argue for ETH and a few major alts and even LTC but they can all grow out of favor. Bitcoin is the only real crypto to trust in this area.

flying-rat24601

# Considering the following, thoughts? If you had to choose one which would it be? RPL LTC CHZ QNT LRC

MPH2025

Fret not. I just sold 75% of my BTC for LTC

AQSAHI1

Lost almost every thing in binance [futures.My](http://futures.My) entire portfolio got liquidated over night was 30x long on LTC. Learned my lesson always use stop loss on trades. I know many of you guys are holders and not traders. But i want to share this with some one. Any of you guys have incident like that. This is my first time commenting here. Been here for a long time just reading what people think here but today i just want wanted to share my loss and a lesson that never trade without stop loss. Peace

Familiar_Television1

Yes. Sold BTC and ETH to buy the dip of LTC. BTC/ETH won’t be doing more than a 2x in a year. LTC can easily 5x.

Shot-Crew-8383

Just use LTC. It was designed to be a decentralized form of payment. It already dethrone Bitcoin this year. More people are using it because it cost pennies for tranactions.  https://www.binance.com/en/square/post/5143826628449

Shot-Crew-8383

Nah I just keep buying LTC. Since Grayscale is buying millions of it daily. Also because it claimed top spot for payments in Bitpay. Wild that Bitcoin is no longer the main crypto to pay goods for. 

Shot-Crew-8383

LTC #1 baby! If you didn't know Litecoin has dethrone Bitcoin in bit payment last month 41% to 25%. Since it cost pennies to use versus Bitcoin which cost dollars. 

Shot-Crew-8383

Literally the sleeping giant. I can't imagine any other Crypto having the gull to surpass Bitcoin and be ignored. People sleeping hard on Litecoin. The whole point of BTC was to be decentralized and another form of currency. It became a centralized storage of wealth. Now Litecoin is decentralized and has overtaken Bitcoin as king for payments and transactions. With a market cap of under 8 billion???? Crazy. Grayscale keeps buying thousands of LTC daily for its trust it has 128 million in LTC. People talk about utility all the time well here is finally, a crypto that beat and stood up to BTC and has better real-time utility. Watch as LTC continues to dominate because it costs pennies to use versus bitcoin which costs dollars.

vekypula

LTC and BCH pumping were again top signals. See you in 4

gr8ful4

Normies if at all will buy BTC via ETF. That will give BlackRock tremendous control. And even worse normies will think of BTC as an asset in their portfolio, not a currency they could use as an alternative. BTC is mainstream. If you are interested in crypto*currency* as a means to speculate on doption as an alternative to USD/EUR you might want to look at Monero (and LTC/BCH).

InHaUse

For me it's BitBox02 for a few reasons: 1. It's open source. 2. The company is headquartered in Switzerland which supports privacy, at least way more than most other governments. 3. You can make SD card backups. 4. It can store BTC, ETH, LTC, and a few others. 5. When I was researching which wallet to get, I came across some dubious/concerning info about Trezor which is why I picked the BitBox02. I keep by other short-term/swing holdings directly on Coinbase with a strong password and 2FA. If you're someone with a ton of coins and need everything to be on hardware wallet, your options are limited so probably Trezor would be best for you.

Shot-Crew-8383

Is LTC not #1 in payment processing for Bitpay? 41% versus 25%. Months ago they surpass BTC by a mere percent 35% to 36%. Now the margins are growing wider. 

Shot-Crew-8383

Again no LTC? Why do we gloss over an important year for an undervalued Crypto?  LTC became #1 for crypto currency surpassing Bitcoin. That's huge and relvelant news.  https://coinmarketcap.com/community/articles/65f1c8be185fbc5c41ed5210/

Shot-Crew-8383

I only look at LTC, since LTC dominates BTC as an actual cryptocurrency. #1 in payment and transactions : [https://twitter.com/litecoin/status/1768659114283110705](https://twitter.com/litecoin/status/1768659114283110705)

BMB281

I just don’t see why anyone would use cryptocurrency as a payment option. Yes, I get that some countries do not allow payments in their currencies, and it is an opportunity to circumvent this, but regardless, cryptocurrencies are still just investments. Paying for anything in Bitcoin, ETH, LTC, is like paying for things with your NVIDIA stock. Why would anyone do this? Stable coin integration is likely the only crypto related payment option with will see go mainstream.

fan_of_hakiksexydays

They've already been using direct crypto payments for many years. So we're definitely not far lol, since it's already been a thing, and has been growing steadily for the last decade. Now there's Paypal and a lot of payment systems like Bitpay and Flexa to accept crypto, so a lot of businesses are gonna turn to those instead of just doing a direct wallet to wallet payment. I've used crypto payments, and volatility isn't an issue, because the payment is calculated in fiat. So you can use any crypto, and you'll pay the fiat value at the exact time you're paying. So you're never gonna pay double the value you'd pay with cash, or half the value or anything like that. I never felt the need to use stablecoins...maybe only deep in a bear market. I used XLM and LTC a lot more. They're stable enough to not be an issue, and are quick and cheap. As for tax and regulation, all sales transaction are taxed anyway, so a crypto transaction would just be like any normal cash transaction.

Centcoin

BTC > LTC > DOGECOIN > PEPECOIN same family, That's super duper. At last we have a real cryptocurrency and a real chance to become a millionaire. I'm hodling, fingers crossed.

DebianDog

Any other chain I have used? ETH, Matic, BNB, SOL, LTC, BTC. They all are single operation chains. On ADA if i want to move every coin and NFT in my wallet I can select them all and hit send. RUNE is multi chain but because it has to interact with the other chains it is oly as fast as they are. Are there other chain out there that you can vote with? I mean IDK. but so far ADA is the most efficient chain to use to do a bunch of various things while other chains excel at doing 1 thing well.

DangerHighVoltage111

Dude I gave you all the keywords. It's on you to look into it. I cannot argue again a believe. And >It's a shitcoin, Litecoin already existed and does all of that better. is just your believe because you haven't looked into it. e.G. has the same small block bug that ultimately limits what it can do. 0-conf is safer in BCH than on LTC. BCH has more real world adoption. But as I said nothing will convince a believe.

babyshark75

you held LTC hard...switched to ADA. Calling SOL trash while SOL pumping like a mofo. Yes you are a degen.

jathanism

Derived is in fact the underlying technical term. Ethereum wallets and any multi-coin (ones that to BTC, ETH, LTC, etc.) wallets can be generated from “HD” (hierarchical deterministic) wallets. Your seed phrase is essentially a master key from which an astounding amount (32 bits worth or nearly 4 billion) “accounts” can be derived. Each “account” can have 32 bits (again nearly 4 billion) of addresses derived from it. Each address has its own public/private key pair. So while you can generate a single Ethereum wallet on its own, HD wallets are probably the most common implementation for modern crypto wallets that use seed phrases because they allow you to “restore” your derived wallets. Check out the high level details on how HD wallets work here: [https://www.investopedia.com/terms/h/hd-wallet-hierarchical-deterministic-wallet.asp](https://www.investopedia.com/terms/h/hd-wallet-hierarchical-deterministic-wallet.asp) In other words, your seed phrase should never leak and should be protected at all costs, especially if you use it as a multi-coin wallet.

uncapchad

So in response to some advice already given, you can withdraw that USDT on the Polygon network **in your own wallet** but you'll still have to bridge it back to ETH network before you can deposit it on Coinbase. You will need ETH in that wallet to bridge it back to the ETH network and gas to send it to Coinbase as they only accept ERC-20 I'm in the UK and that flavour of Coinbase does not trade XLM or XRP. So it is best to check what you are allowed to trade on Coinbase before deciding on a strategy. Any other coin traded on Coinbase, which trades on the USDT pair in Binance, is probably best bet. Stick to L1s unless you're absolutely certain Coinbase will accept those tokens. LTC or SOL. We get ADA here but not sure if it's allowed on the US-flavour.

Due-Professional6824

I found LTC best for actual payments

Sgt_Beef_McSwag

I believe in the project overall, I am just pissed that my price targets might not work out in the next 18 months. I love crypto - bought LTC when it was 3.50 in 2016 or sth and its one of the great projects. Actually wrote my bachelors degree on the safety of different consenus mechanisms.

Physics-Pool

None. Kucoin with VPN. Don't complete KYC. Buy LTC on PayPal and transfer to Kucoin..sell for USDT then buy and trade at will...on margin..and with every feature you'd expect to have as a freedom loving God fearing citizen of these United States.

CointestMod

#Litecoin Con-Arguments Below is a Litecoin con-argument written by DaddySkates. > When LTC released, everyone was talking about it. In some time people started the saying about “LTC is the silver to BTC gold”. And frankly it used to be true. > > Nowadays people rarely talk about LTC anymore.. and when they do its in the connection with its founder selling his holdings at absolute ATH which made people run away from LTC not trusting them again. BTC is leader-less for a reason. > Satoshi knew that it will be more successful without a founding father. And its true. > > LTC isnt going to be “killed” by the lack of technology. Its because of the poor decisions that their leader dod without any care for the projects future. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Litecoin) to find submissions for other topics.

CointestMod

#Litecoin Pro-Arguments Below is a Litecoin pro-argument written by metnavman. > *Full Disclosure* > > *I sold my position in LTC this year during the last run-up to the ~$300s. Prior to that, I'd held a triple-digit position in LTC since ~2013. I did make money from this coin. That is only because of my time in the market, and not any particular strength of the coin in question. Truth be told, I'd have made more money being in other positions, so it is irrelevant. Perhaps I'll regret it one day. Perhaps not.* > > &nbsp; > > * LTC is one of the "OG" coins. [As a fork of the Bitcoin protocol, it's been around almost as long.](https://www.investopedia.com/terms/l/litecoin.asp) It is a very secure coin, and utilizes [Proof of Work](https://www.investopedia.com/terms/p/proof-work.asp) through Scrypt to maintain that security. > > * This "early mover" advantage has allowed LTC to catapult into some very strong positions and use cases. I'd personally put it's [uses on the Paypal platform](https://www.paypal.com/us/smarthelp/article/what-do-i-need-to-know-about-litecoin-faq4401) as one of it's strongest positions in the current financial zeitgeist. [There are certainly lots of others.](https://www.reddit.com/r/litecoin/comments/csfixo/1100_companies_and_stores_accepting_litecoin_as/). > > * LTC is arguably the strongest PoW coin available. It is faster than BTC, cheaper to use, and available for use basically everywhere relevant that BTC is. As far as trading platforms and "on-ramps" for converting fiat currency into cryptocurrency, LTC will get you where you want to go. While it is not worth as much as BTC, it's far more capable for doing what a cryptocurrency is "supposed" to do. Ya know, be a currency that doesn't cost silly amounts of fees to use and take forever to confirm. > > * LTC's development team is currently working on implementing [Mimblewimble](https://www.mycryptopedia.com/mimblewimble-explained/) capabilities to the coin. The quick and dirty for that is adding a "privacy feature" to LTC, as well as potentially solving scalability issues that could crop up one day if usage of the coin were to exponentially increase. Development is ongoing in 2021, and viability/efficacy is not fully determined as of this writing. > > * LTC follows the same [halving](https://stormgain.com/blog/litecoin-ltc-halving) protocol as BTC. This has correlated to price increases for the coin in a similar fashion to BTC after each of these "cycles". It stands to reason that LTC should see another price increase in the 2024-2025 time-frame, coinciding with the next halving [set to occur in Q3 2023](https://litecoinblockhalf.com/). There's math and wrinkly-brain reasons for why it takes some time for the halving process to reflect in the market price. You'd have to go searching; I don't really understand it. There's a shiny graph on that link I put. Have fun. > > &nbsp; > > ==*The rest of this will lean in the opposite direction of the guidelines set forth for this argument. Past this point, you're entirely in the realm of my opinion/experience as a crypto holder/trader since the early 2010s. Do your own research.*== > > &nbsp; > > * I would stress that you proceed to [the LTC "Cons" portion of these arguments](https://old.reddit.com/r/CryptoCurrency/comments/n5vbyk/pro_contest_litecoin_conarguments/) after finishing here and read what I've written there as well. My goal is to remain as unbiased as possible for these write-ups, and I will speak only to the positives of LTC in this thread. I encourage you, the reader, to view both sides and make an educated decision before investing in *any* crypto asset. > > * LTC offers a "tried and trusted" investment platform. If there was a stock to compare LTC to, it's the massive ETF or mutual fund that people put money into year after year and reliably draw a profit from. You will not see the insane fireworks of a DOGE pump, or the rug-pull of a [BITCONNEEEEECT](https://thenextweb.com/news/bitconnect-bitcoin-scam-cryptocurrency) when you put your money into LTC. You will get an investment that "should" make you money in the long run, and potentially set you up for some really solid gains in the future. > > * LTC is not the behemoth that BTC is within the crypto space. The intimidation that comes from the price-tag that BTC sometimes wields ($37K to own one coin at the time of this writing, 60K+ attained) can be a turn-off for the smaller investor still interested in owning a "full coin". While this mindset is considered by veterans within the space to be somewhat naive and counterproductive, it is a psychological aspect that affects many projects within crypto. LTC's ability to allow someone to jump in at a much lower price point and still feel like their investment is "effective" is certainly a strength. > > * LTC has been picked up in the 2021 bull-run by [large institutional entities](https://news.bitcoin.com/grayscale-adds-174000-ltc-to-its-litecoin-holdings-price-of-the-altcoin-unresponsive/), signalling some confidence in it's ability to generate income in some fashion for shareholders/investors. It remains to be seen how this action will play out, as the events are too closely aligned with the large correction in late May 2021 before the coin could pick up steam. [It briefly touched a high-300s price-tag](https://currency.com/litecoin-price-prediction-2021), and many of LTC's supporters believe that it was aiming to go higher before the entire market dropped. > > &nbsp; > > LTC has carved out a solid niche for itself over the years, and a loyal base that wants to see it succeed. As with any investment into a volatile market like crypto, there's a good chance you could lose some money. That said, I would put the chances of it happening with LTC over the long run at a smaller percentage than some of the more risky or "unreliable" projects in the space. If you have patience and are looking for a low-stress coin with some realistic use cases and a good track record for ease-of-use and operability within the crypto-world, LTC may be the coin for you! ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Litecoin) to find submissions for other topics.

Criss_Crossx

2017 starter here, main issue was not understanding how to keep my funds safe. I knew wallets existed but just did not understand the basics or what to use for an exchange. Everything felt so foreign to drop $1k into it. I didn't trust it. At that time it was profitable to mine with GPUs, which bypassed exchanges. So I started mining on Nicehash. They eventually got hacked and I lost some of my earnings. That was a hard lesson. That $1k, I wanted to buy LTC around $4. That would have been an awesome lesson right there and I would have sold around the peak.