Money Talk

Bitcoin or litecoin?

Submitted by LucaMaster, , Thread ID: 175487

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RE: Bitcoin or litecoin?

#16
I pooled and bought into Bitcoin again back in March for around $6500, then sold off in almost everything throughout August. IMO, right now is not an ideal time to buy into Bitcoin. Historically, the first quarter is when you want to invest in Bitcoin. Anything is possible, but Bit going for $5000-$6000 a coin again either won't happen or would mean the global economy is facing down in to the toilet worse than earlier this year.

Litecoin is actually at buy levels right now. If the bottom on the global economy does not fall out, hold until you see a comfortable rise trending between Jan and June next year. Historically, October and November are the best times to invest, with April to June being the best to sell if you look at prior years since 2017.

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