Someone stop me from getting justed

>I'm about to buy Ł40 at $89.

Can an user whom is not a brainlet halp me rationalize this?

Attached: crypto-1oz-litecoin-obv.png (800x800, 519K)

Berry go up - buy
Berry go down - sell

shitcoin used as testnet for bitcoin, no usecase, no development, just copy paste

To be honest it's a much better investment than 99% of what this shit board offers.
>muh link!

it's a crypto blue chip. remember DCA, and don't put up more than you are willing to lose.

I bought 20 yesterday on impulse.

ltc is dying. no one gives two shits about it. crypto doesn't have "value" tokens.

It will likely get a privacy layer before king BTC.
Good long term hold. We really haven’t started to feel the effects of the halvening yet. This takes time.

when BTC starts to rocket again, normans are going to buy LTC. It's their turn to buy into the pyramid scheme.

I have a bunch of those, so i can't say no.
But i was expecting a pump after halving, and there's nothing.
$89 seems a not so bad price.
I would honestly go on BTC right now.

The only coin I've really used as currency so I'm kinda attached to it. But yeah, it's a BTC substitute with lower transaction fees, people will flock to it once the boat for BTC becomes too full.

Scrypt is the third most expensive proof of work algorithm to attack, has a mature asic market, and litecoin doesn't have the political troubles of bitcoin with multiple active forks. Litecoin is the dominant Scrypt coin. A position in litecoin is a hedge against the operational integrity of ethereum and bitcoin, while at the same time being an alternate supply capped, impossible for a single entity to censor proof of work cryptocurrency. It's market cap is 1/35th of bitcoin and 1/4th of ethereum. All in all, it is important to ask if litecoin is a real hedge against an operational failure of bitcoin, and that's difficult to know unless you have an exploitable flaw in bitcoin.

After reading through a few of these responses, I've decided to pull the trigger and hodl.

Thanks to all of you. May KEK be on your side.

>This thread went better than expected.

>It will likely get a privacy layer before king BTC.
[citation needed]
The fees are lower because it's worth less. You still need 1sat/byte by protocol. If it was worth as much as bitcoin the fees would be the same.

>The fees are lower because it's worth less. You still need 1sat/byte by protocol. If it was worth as much as bitcoin the fees would be the same.

FUD

You are awesome. Thanks, based user.

>after

You mean before right?

Before - during - right after, pick one.

The trend says the pump comes before (which did happen) and then it moons six months after the halfing. Look at the charts, they never lie.

>crypto blue chip
No it isn't. It's an old turd that doesn't stink as much as a fresh turd.
Bitcoin is the only good crypto.

My penis is raw.

show us please

Texas

>is awesome

Yes, the BTC trend says so LTC one acted a little different in the last halving, i was hoping LTC to increase its value thanks to halving, since BTC dominance increased in the last months.

ltc halving just ended, now btc halving hype is about to start. why buy ltc now