Late night bitcoin trading litecoin bullish
No one ever said that the cryptocurrency markets weren't volatile, and the vast majority of investors know what they're getting into.
Still, the volatility that began near the beginning of June and lasted until just a few days ago, got everyone's attention. This article originally appeared on Crush The Street -- https: Fears of an upcoming soft fork, and the inability among bitcoin adherents to come to an agreement regarding the crypto's scaling problem, sent all other cryptocurrency assets late night bitcoin trading litecoin bullish.
The one notable exception was litecoin. Charles Lee initially engineered litecoin to be the silver to bitcoin's gold. The irony, of course, is that silver tends to be a far more volatile commodity than gold.
Nevertheless, it was litecoin that provided much-needed confidence for those long the cryptos. When bitcoin began its descent from June 13 onwards, litecoin actually increased in market value. During that same timeframe, litecoin gained In fact, while other blockchain assets were succumbing to almost-catastrophic volatility, litecoin went on to claim all-time records.
Compare that to bitcoin's trading variance, which stands at 3. Essentially, the variance tells us that more investors are bullish on bitcoin at any given time than they are on litecoin. However, the biggest variance for litecoin is Also, the king of cryptos incurred four separate incidents of double-digit variance. In contrast, litecoin only incurred two.
This tells me that while average trading in the litecoin market is slightly less bullish than its cryptocurrency competitors, it's much more stable. Generally speaking, you're not seeing wild speculation as you would in late night bitcoin trading litecoin bullish blockchain assets.
So while bitcoin grabs the headlines and garners the most attention, litecoin may actually be the most appropriate investment for those unfamiliar with the cryptos. It may not move like its brethren, but it holds late night bitcoin trading litecoin bullish value remarkably well.
Bitcoin and Your Future With Money". If you have any new friends in crypto tell them to check it out, it's the quickest cutting of the crypto learning curve out there I know, I've read all the Bitcoin books out there.
After the latest chop in the blockchain markets, some stability is just what the doctor ordered! Authors get paid when people like you upvote their post. I hedged Bitcoin with my whole trading stash into Litecoin - it's solid crytpo. Cheers to late night bitcoin trading litecoin bullish my friend. I like how Litecoin transaction fees are very low compared to bitcoin. These days any crypto coin is a pleasure to use except BTC and it's fees!