Should I invest in LiteCoin?

01-09-2019, 08:50 AM

sksadmin Wrote: It's a currency created out of thin air. It can only rise in value to the extent to which there is a high demand for it. Or if the demand is more than the supply. Investing in it is nothing but gambling on speculation. Gambling is not a bad thing and speculative investing is not bad. But it is better to be clear that you are simply gambling and speculating. You have a 50% chance of losing all your money.

Not quite, just because price went down instead, doesn't mean you "lose" , it just means it could be a while until it goes up.

There is no lose, Just a longer wait.