I agree. LTC ratio to BTC is, as you know, 4 : 1. LTC should be at least $625.00 right now. LTC obviuosly is not at that price but the day is coming (probably within 20 months) that it will catch up to that ratio.
That has always made sense to me as well, the silver to Bitcoin's gold. When you examine the bigger picture, our crypto community is very small compared to the billions who have yet to discover it. We talk about mainstream adoption, but there is a very limited supply of bitcoin if suddenly billions of unbanked people decide to start using it for daily transactions.
I look at it like this, if Bitcoin is King, that leaves room for a Queen, Prince, Princess, Jack, even a Joker lol... Not every coin is made for the same thing. There is room for more than one, and they are stronger if they work together for a common goal...
even without this news I thought that Litecoin would be a good long term investment as kinda like the way you have gold and silver.
I agree. LTC ratio to BTC is, as you know, 4 : 1. LTC should be at least $625.00 right now. LTC obviuosly is not at that price but the day is coming (probably within 20 months) that it will catch up to that ratio.
That has always made sense to me as well, the silver to Bitcoin's gold. When you examine the bigger picture, our crypto community is very small compared to the billions who have yet to discover it. We talk about mainstream adoption, but there is a very limited supply of bitcoin if suddenly billions of unbanked people decide to start using it for daily transactions.
I look at it like this, if Bitcoin is King, that leaves room for a Queen, Prince, Princess, Jack, even a Joker lol... Not every coin is made for the same thing. There is room for more than one, and they are stronger if they work together for a common goal...