Litecoin is a peer-to-peer Internet currency that enables instant, near-zero cost payments to anyone in the world. Litecoin is an open source, global payment network that is fully decentralized without any central authorities. Mathematics secures the network and empowers individuals to control their own finances.
Litecoin features faster transaction confirmation times and improved storage efficiency than the leading math-based currency. With substantial industry support, trade volume and liquidity, Litecoin is a proven medium of commerce complementary to Bitcoin.
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Recent Litecoin trades on Niffler.co
Anybody had any issues dealing with crypto-taxes? I mean, on live accounts, of course. We are yet to see taxes on fake money... but is just a matter of time! :sweat_smile: https://niffler.co/news/crypto-and-the-taxman-what-you-need-to-know
Okay. This time I'm buying Litecoin. I'm on my computer this time instead of my Iphone. I'm still shooting blind. The beauty is that I'm not losing money, which gives me an incredible opportunity to learn.
Divesting. Probably not going to be checking this site for a few days, if not longer. Doing well on a cash account, that's taking up most of my focus. Intend to come back, we'll see if that works out.
Guys, do not hesitate to try out our new feature that allows you to redeem your play dollar profits for real Bitcoin using the Lightning Network. DM me if you need help :lightning:
@Daytrader not exactly an article, but I want ppl to be reminded how soon it's actually happening https://bitinfocharts.com/litecoin/
High interest savings in bank account pays ppl 1% per year, which is actually lower than the inflation rate about 1.5% - 1.9%. So essentially everyone gets punished for keeping their money in savings account. In 10 years your FIAT saving will devalue by 5-9%.Let's see how quickly we can make 9% profit by putting some money into LTC. P.S. Not financial advise.
Scaling out slowly from LTC to buy more BTC. Using LTC/BTC chart for this strategy. My goal is to acquire more BTC, regardless of the USD price of LTC. Cheers!
Time to move some of the alt-coins back into cash to prepare for any dips. Alts are still struggling to maintain BTC value as Bitcoin continues it's rampage!
Lowering my risk by cutting my position in alt-coins. BTC's strength is sapping the rest of the market of price action and causing constant price erosion. Better to have some cash behind as a hedge for any further dips!
Almost forgot to click on sell.. again! I know it's play money but hey - to be a successful trader it seems obvious to me that you should never regard any money as play money.. not even actual play money! ;)
Litecoin halvening is going to happen the end of the summer. People perceive this as the asset becoming more scarce and therefore will want to buy up the supply over time. This will also cause more attention to be focused on the coin.