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Why I’ve made my crypto portfolio 70% Litecoin, 30% Bitcoin. Thread 
I’m a strong believer that Bitcoin is the king. It’s the founding father, the most secure, the most recognized name in the space. It’s been around for 11 years now and has only continued to grow. On the...
I’m a strong believer that Bitcoin is the king. It’s the founding father, the most secure, the most recognized name in the space. It’s been around for 11 years now and has only continued to grow. On the...
Other hand, most crypto’s are fairly new (3-5 years or so) and haven’t really faced the test of time, except Litecoin. Litecoin is only two years younger than Bitcoin and holds the most history aside from it. The BTC/LTC trading pair is the most information filled within the...
...crypto space. It’s safe to say that if Litecoin has persisted as long as it has (while most other crypto’s have fallen), it will continue to persist for the foreseeable future. It’s proven to be reliable (100% uptime) and secure (dominates Scrypt). It’s highly liquid..
(Available on almost every exchange) and also holds name recognition.
Now... what’s the logic regarding why I’ve decided to hold more Litecoin than BTC? Aside from its proven reliability, I like it because of its increased potential for volatility, especially during...
Now... what’s the logic regarding why I’ve decided to hold more Litecoin than BTC? Aside from its proven reliability, I like it because of its increased potential for volatility, especially during...
..bull markets. Litecoin isn’t a flashy gadget, it’s a smooth running engine that does what it’s intended. Saying that, Litecoin’s price action tends to be a bit boring when the market is slow, but has proven to be a firecracker when BTC transactions start to spike. Why is this?
For those who don’t remember the ‘17 bull market, Bitcoin blocks were getting maxed out, fee’s were shooting up and confirmations getting slower. A direct consequence of this was people moving to the adjacent highway with less traffic, Litecoin. This resulted in...
Litecoin having an incredible bull run in ‘17 and its price multiplying at an even higher rate than Bitcoin’s. After all, Litecoin is considered by many to be a Bitcoin 2.0 (silver to Bitcoin’s gold), due to its long term reliability for transacting. It’s easy to see why people..
Decided to move funds over to Litecoin.
There is a group of believers that think Litecoin will be obsolete with BTC’s Lightning Network going live, but there is yet to be a dumbed down, accessible and easy to use approach for transferring on LN network (for the avg. folk)..
There is a group of believers that think Litecoin will be obsolete with BTC’s Lightning Network going live, but there is yet to be a dumbed down, accessible and easy to use approach for transferring on LN network (for the avg. folk)..
Not to mention, Litecoin also has its own Lightning Network (which still isn’t that active due to LTC’s main chain still being very convenient for usage). With Lightning Network, Litecoin would still be the cheaper on ramp and also— the LN Network does have a capacity limit...
In the case of crypto going mainstream, BTC’s LN alone would not be able to service every person on earth. Until BTC’s Lightning Net. becomes extremely dumbed down and most apps/exchanges have seamlessly integrated it, I believe LTC’s layer 1 will be essential for transacting...
“But...BTC will be the only one standing in the end.” There are definitely some interesting BTC maximalist arguments out there but I find it hard to believe there will be one sole winner. As a hedge, this is why 30% of my portfolio is Bitcoin— for the stability and potential of..
there actually being hyperbitcoinization. If hyperbitcoinization ever does happen (by this, I mean all alts become obsolete, which I really doubt would happen), then the gains earned on my 30% of BTC would by far outweigh and obliterate any dollar amount I had previously...
..invested into Litecoin. To me, it seems like a win-win. I feel confident placing a higher bet on a more volatile coin that has what any crypto would like to have—long term durability and performance.
