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RE: What is Litecoin? Litecoin BOOMS 30%. Is it investment worthy? Potential pros and cons.

in #cryptocurrency7 years ago (edited)

I'm using LTC for most of my online transactions right now. It's very useful. Plus, it makes me nervous spending BTC, if I miss a digit or something I could accidentally over or under pay thousands. With LTC, it's unlikely I'll lose more than ~$10 making a dumb fingers mistake.

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That's true. The low price is less prone to error, I suppose.

I also use litecoin a lot. Even if I want to trade BTC on bittrex for something, I buy LTC on coinbase, send it to bittrex, sell it for BTC then buy what I want because it is usually cheaper than paying the bitcoin network fee.

THAT'S EXACTLY WHAT I DO. LOL Keep rocking brother!