The TRUTH About Litecoin (Should You Invest Now?)
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Litecoin is an incredible run in 2021 and new millionaires are being created left and right. In this video, we go over why Litecoin will GROW to $1000 and possibly $2000 in 2021. We go over the technical analysis of Litecoin, why I’m bullish, the price history, and major LTC events that will allow it to explode. Enjoy and let’s get these gains!
TIMESTAMPS:
00:00 – Intro
00:31 – Market Analysis
01:29 – LTC Price Discussion
01:46 – What is Litecoin & How it Works
02:16 – Technical Analysis
03:24 – Litecoin Support Level
04:09 – LTC Privacy & Scarcity
04:38 – Paypal & Venmo Merchants
05:22 – Final Thoughts
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What is Litecoin and how does it work?
Litecoin is one of the earliest “Altcoins,” or commonly known as the alternative version of Bitcoin. Litecoin was designed to be cheaper to use and faster to confirm transactions, which is very important for both customers and merchants. Litecoin transactions are confirmed every 2.5 minutes, which is four times faster than the 10 minutes required for Bitcoin transactions. Another key technical difference Litecoin has with Bitcoin is its mining algorithm, Scrypt, which makes it easier for users to generate hashes with commonly available hardware and also in the mining process.
I hope you guys find this video educational! We’ll go through a lot of interesting facts about Litecoin and what you should know before investing.
DISCLAIMER: Please be advised that the content of my media is my personal opinion and is intended for general information purposes only, not financial advice. Nothing herein shall be construed to be financial, legal, or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor.
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Litecoin How to Invest, The TRUTH About Litecoin (Should You Invest Now?).
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As you may have already guessed, all of these things took place to me, after I had actually generated 26 rental homes. In truth, usually, all of these problems took place in the exact same month. Now, for awhile (when I had about 10 homes), if one person stopped working to pay rent, I might cover it with the 9 other payments. However when two, 3 and often even five tenants didn’t pay in the exact same month, it was ravaging to my organization. I had to go to my business account and pay up to $3,000 at a time in mortgage payments, without any income Litecoin to cover it. Plus, I needed to pay a home management business to get my occupants to pay or to evict them.
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