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RE: Litecoin; faster version of bitcoin, great investment opportunity!

in #litecoin7 years ago

Based upon that tweet, he expects the acceleration in price for LTC to top BTC.

Either that or he isnt optimistic about BTC which I think he is since he has openly discussed enabling people to go back and forth seamlessly between the two.

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Well, owning litecoin is like having bitcoin with the potential to earn more bitcoin due to litecoin price rising. This is also true for any coin traded with bitcoin, and is.why I am invested in altcoins. Oneday my altcoins will provide way more bitcoins than I could just buy outright.

That is a sound practice and one that I am looking to implement.

Of course the trick is to find those coins which appreciate at a faster rate than BTC either on a scalp or a medium term hold. I imagine that takes some finesse.