Since then, Litecoin rallied strong into its halving on August 5, 2019. According to our research, LTC Properties has allocated a higher percentage of pay to salary in comparison to the broader sector.This would give shareholders a good impression of the company, since most similar size companies have to pay more, leaving less for shareholders. If Litecoin continues to successfully implement innovative new features in which Bitcoin might one day adopt, then Litecoin should maintain its place alongside Bitcoin as the Silver to Bitcoin’s Gold.All in all, I think Litecoin is a good investment considering its reputation, price action, development, and purpose. This range is important because it was the low in December 2018, it was support in 2017, and it was resistance in January 2014:If Litecoin falls below this range highlighted in the image above, then Litecoin could be in big trouble and potentially fall all the way down to $7 - $4.All in all, as Litecoin stands today, I would say its price action shows that its a good investment.
By the time you’re done the reading, you’ll have a fundamental understanding of whether or not Litecoin (LTC) is a good investment. If you are looking for stocks with good return, LTC Properties, Inc. stock can be a bad, high-risk 1-year investment option. However, that is if such a feature is successful and manages to get implemented into BTC. The most critical market structure LTC needs to hold in order to remain a good investment right now is the $23 range. Since the very beginning, Litecoin derived its code from a fork of the Bitcoin Core Client and has maintained close ties with its big brother ever since. As previously mentioned, Litecoin has inadvertently taken on the role as a sort of testnet for If this is the case, how has Litecoin’s development progressed thus far, what’s going on with it today, and what does the future hold for Litecoin’s development?By analyzing the development of Litecoin, we can better understand if Litecoin differentiates itself enough to be a good investment or if your money is better off invested in Bitcoin. Are you leaving? Therefore, most of Litecoin’s development actually comes from Bitcoin Core developers and not Litecoin Core developers.
Ninety percent of the REIT’s rental income comes from assisted living and skilled nursing properties, and the other 10% comes from seven other healthcare facilities and schools and 11 land parcels. LTC is a real estate investment trust (REIT) investing in seniors housing and health care properties primarily through sale-leasebacks, … For some time now, Litecoin has inadvertently been used as a sort of testnet for Bitcoin. Both Bitcoin and Litecoin are open-source, decentralized, and global peer-to-peer (P2P) payment networks that operate without the need for central authorities. Charlie Lee made this fact clear in a tweetstorm earlier this year:That being said, Litecoin became the first cryptocurrency to adopt Segregated Witness (SegWit) – a scaling solution developed for Bitcoin – in May 2017. Wait! Source: LTC Properties investor presentation. Now that we have an understanding of Litecoin’s background and its purpose, let’s take a look at Litecoins price action and determine if it can be considered a good investment.The first thing to look for when making a long-term investment in any particular cryptocurrency is whether or not it's holding above the market structure and/or building a strong market structure.To quickly define a market structure, it’s simply the macro price action of an underlying asset. When an asset breaks below and trades below the market structure, it’s a sign of weakness and shows little demand for the underlying asset.When an asset breaks above the market structure or never breaks it in the first place, that’s a sign of strength and resilience and shows demand for the underlying asset.
It’s like the wild west in crypto and it's just going to take time for the space to mature.To further emphasize how early we are and how risky crypto investing is, we must understand that crypto can and does lose nearly all of its value from time to time. This is because Litecoin’s code is derived from the Bitcoin protocol and therefore, the two cryptocurrencies are very similar down to their core. For instance, Litecoin is available to trade, buy and sell at over 40 major cryptocurrency exchanges and over 13 major over-the-counter (OTC) desks. However, it peaked out before the halving on June 22, 2019, at $141.24.
The crypto space suffers from massive hacks, billion-dollar scams, manipulation, and critical bugs that could take down a crypto network.That’s simply the sad truth that none of us want to hear.