@PVMihalache 20 September 2020 more from that month

Time to HODL Litecoin

Litecoin was my third investment in cryptocurrencies, after the Bitcoin fiasco and a fair profit with Ethereum. I done my research and I considered Litecoin a worthy investment, and a free from censorship coin. Private, secure and border-less payments sounded like a good asset. I invested a part of my profit from Ethereum and in May 2017 I bought 7 LTC at £17.80 per unit, £125.56. The LTC value kept growing reaching £34 per unit in September 2017 when I invested £50 to top up the portofolio with 1.46 LTC. The total investment was £182.50 ( 175.50 for 8.46 LTC + £7.00 fees). I decided to HODL them for few years at least. Meanwhile I started to use CoinPot to gather Litecoin faucet and every few months I send small amounts to the main wallet. Since 2017 I collected 0.6 LTC from faucet only, approximately £26 at today's price. In Jan 2018, I used 1 LTC to buy various small coins on Eobot, and made the exchange when the price per unit was over £200 so at that point I covered the initial investment reinvesting in several other cryptocoins and holding 7.6 LTC in my wallet. The maximum price was £280 per unit in December 2017, a potential £2000 profit to my investment but back then my knowledge and experience in the crypto market was growing so I didn't sell any LTC.  At today's price of £36.47, I hold 8.056 LTC, with the total value of £292. I am  holding 60% more than the initial investment of £182 and exchanged 1 LTC at £200 for various coins such as NEO, IOTA, Cardano (ADA) and Ripple (XRP) . NEO is also producing his share of GAS. They are currently valued at less than £100 but they hold potential. Considering all the above aspect, I consider already the Litecoin investment a good deal. However, the Litecoin price predictions are encouraging me to hold them for even longer then I was planning. According to the Litecoin Foundation, Steve Burkett is working to implement MimbleWible in the Litecoin protocol so LTC  could move away from Bitcoin, creating a unique selling point.  Based on technical analysis, TradingBeasts.com, predicted that by the end of 2020, LTC price will be around $46.23; and only a bit higher in 2021 – up to $67.23. By December 2022, Litecoin is expected to grow to an average of $82.68. Cryptoground.com forecast was based on an internal deep learning algorithm, and is predicting that LTC will reach $88.30 in one year, rising almost 109.81 per cent. It is expected that the growth will continue, with the coin trading at $347.8 by the end of 2024. Coinswhich goes even further with the forecast, and following the halving in 2023, the value could reach $1200 per unit by 2025. By 2030, after the 4th halving process, the value of LTC could thrive and it is predicted to become one of the top 3 cryptocurrencies, and might soar high above $1500. All the above predictions were done before the Covid-19 pandemic. After weeks of decline, the market looks stable again, but only time will tell how badly the crypto-market was affected by the Coronavirus outbreak. **Amazon author page:** PV Mihalache https://www.amazon.co.uk/-/e/B019FB0ZNG **Quality Faucets:** Stakecube (20 daily faucets) https://stakecube.net/?team=sadu1 Tier 4 referral system: Horizen (ZEN) & ZCash from PipeFlare & GlobalHive https://getzen.cash/auth/register?ref=252508 https://pipeflare.io/r/zxn https://globalhive.io/auth/register?ref=1917 **FreeCryptos Gang**: DASH, TRX, ETH, ADA, BNB, LINK, NEO & BTC https://freedash.io/?ref=3945 https://free-tron.com/?ref=24942 https://freeethereum.com/?ref=39797 https://freecardano.com/?ref=228676 https://freebinancecoin.com/?ref=32397 https://freechain.link/?ref=1187 https://freeneo.io/?ref=1474 https://freebitcoin.io/?ref=319383 **Coinpot Gang:** DASH, BCH, DOGE, LTC, BTC & BTC2 http://moondash.co.in/?ref=D6EA38BF9E32 http://moonbitcoin.cash/?ref=E09F6730A19D http://moondoge.co.in/?ref=E09C54FEC554 http://moonliteco.in/?ref=49E875DC0626 http://moonbit.co.in/?ref=BE0EDE0CD1DC https://freebitco.in/?r=7275997 Free-Litecoin.com (LITECOIN) https://free-litecoin.com/login?referer=895809 **Join** **Lbry.tv** **to earn watching videos &** **Publish0x** **to earn while you read** https://lbry.tv/$/invite/@MindPuzzles:9 https://www.publish0x.com/?a=pmbk1p5ezJ **I use** **Brave** **and** **Presearch** **to earn BAT and PRE while surfing online?** https://brave.com/pvm417 https://presearch.org/signup?rid=1695040