In every way, besides mining where LTC has now much better profit, I give advantage to bitcoin. But in trading bitcoin still has the leverage and it’s better for the profit despite the fact that LTC is one of the best altcoins that is now long present on the market. So, depends what are your preferences.
If you really want to invest in an altcoin buy Ether. At least it’s different and has some features bitcoin lacks. Litecoin is like a bitcoin clone, it won’t survive without it’s bigger brother. I don’t think LTC can achieve anything without BTC and if that’s true, why not simply invest in BTC?
Extremely true. On a lot of other forums i browse they believe that ETH will pump to another all-time high real soon. Could be true, could be false, but ETH has alot less flaws then bitcoin has, and i’m not going to say that they are more stable then bitcoin, but they do not have these forkers (BU) on their network.
Also ethereum is less beneficial for miners which means they also put less effort in getting alot of influence, and block confirmations are much much faster then bitcoin.
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which one is more profitable ? in trading and mining ? btc or ltc ?
bitcoin is more profitable because you can earn your profit of it. bitcoin price now are good and easy get profit because the price is moving up and down. So why you compare it in ltc we all know that bitcoin is more profitable to all crypto currency and no one crypto currency are are much more profitable than bitcoin.
Well bitcoin is most profitable but also in ltc if you want to earn more try to trade ltc too its give a good profit for short term. But bitcoin is better than anything its give a lot of profits and more important is you can do it short or long term.
Both are good and unique in their own way. bitcoin is for big players/big investors, because you can’t invest into 1 bitcoin and expect to become a millionaire by waiting for the price to go up and down. With 1 bitcoin you can trade other altcoins and make huge amount of profit. BTC Mining you still need to have quite enough to invest in mining equipment. With 1 Antminer T9 that pulls 12TH you will earn $5 a day (updated since today). And that antminer T9 cost 1150 USD without PSU, which means you gonna need additional 120 USD to buy the PSU (If you buy it from official Bitmain site) + add like vats/taxes/customs + electricity. At the end do the math of what will be the ROI with difficulty changing each day.
LTC At this point you can still invest in LTC and make some money. If you read daily news and know about charts you would’ve made decent amount of profit. Mining equipment is a bit cheaper for scrypt coins but with litecoin difficulty at this point it’s still profitable but you need to invest quite some money to be able to earn.
Not to mention that during the summer you need to have some cooling in the room that you gonna put all the miners otherwise they will burn, like melt cables, issues and what not.
But miners are always good. Because every single day a new coin is coming out so with such a beast of miners you can just run them for 1 day and you will mine 1 million of the coin that is coming out so even if that coin reach 0.01 you still gonna earn $10k. That’s why you need to read news and pay attention every single day on what kind of coins are coming out, is there are lot of hype about the coin, are people interested into the coin, will the coin be listed on the popular exchanges such as poloniex, btc-e etc .. do they have enough BTC to promote the coin on social networks, is there gonna be rewards for masternodes etc … Your money your choice.
Well, maybe it depends on your decision. if you really want to invest in altcoin, LTC may be the right coins to be used as an investment tool. but, at this time I would choose BTC for investment, because if we look at the current bitcoin prices continue to rise, then it could be a guarantee that we will make a profit in the future.
bitcoin is always a better investment since Litecoin doesn’t have a real purpose. Recently, the only reason it has gone up in value significantly is because of the potential activation of SegWit. If there was no SegWit speculation, then Litecoin would only be subject to extremely rare pumps. It’s not for nothing that Litecoin has been sitting in a very stable range, which on the other hand can also be seen as a positive aspect, depending on how you look at Litecoin.
For mining, I would go for Litecoin. But trading provide larger opportunity and Litecoin has cheaper price, on the other hand bitcoin settle on top of the mountain, this is the right time to buy litecoin as long as it below $20 as it will increase if bitcoin start to drop back again. We know bitcoin will be the best coin ever, and wait for a while to convert your litecoin into bitcoin.
Well, maybe it depends on your decision. if you really want to invest in altcoin, LTC may be the right coins to be used as an investment tool. but, at this time I would choose BTC for investment, because if we look at the current bitcoin prices continue to rise, then it could be a guarantee that we will make a profit in the future.
bitcoin is always a better investment since Litecoin doesn’t have a real purpose. Recently, the only reason it has gone up in value significantly is because of the potential activation of SegWit. If there was no SegWit speculation, then Litecoin would only be subject to extremely rare pumps. It’s not for nothing that Litecoin has been sitting in a very stable range, which on the other hand can also be seen as a positive aspect, depending on how you look at Litecoin.
For mining, I would go for Litecoin. But trading provide larger opportunity and Litecoin has cheaper price, on the other hand bitcoin settle on top of the mountain, this is the right time to buy litecoin as long as it below $20 as it will increase if bitcoin start to drop back again. We know bitcoin will be the best coin ever, and wait for a while to convert your litecoin into bitcoin.
I agree that mining is good for litecoin because it is has lower difficulty than bitcoin so you can easily get profits with that and you can use your mined litecoins in trading to grow it even faster rather than buying it and adding more expenses. bitcoin will go up even higher soon so i think it is not a good idea to buy litecoin now, just keep saving and collecting bitcoin and soon if the bitcoin is on its peak then you can buy a lot of altcoins in that scenario.
Published at Thu, 13 Apr 2017 02:06:46 +0000
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