This piece will focus on why invest in litecoin, litecoin being referred to as Digital Silver as well as bitcoin Digital Gold share similarities. Litecoin is one of the oldest altcoins that still exist and affordable. This makes litecoin a good investment in the long term.
Investing in litecoin for the longterm is really a potential strategy. Data from coingecko help understand Litecoin's Market Cap Rank, Market Cap as of Sunday, December 20, 2020. As there stand a whopping 6043 coins and litecoin ranked among the first ten is logically a good investment.
Here is why Invest in LITECOIN
Transaction confirmation faster than bitcoin.
Reputable in the top ten market capitalization
The underlying fact of investing in litecoin is because its network fee is low as compared to ethereum.
Investing in Litecoin
The Litecoin Foundation aim at cryptocurrency adoption and that is why the foundation partnered with UFC (Ultimate Fighting Championship) to be their cryptocurrency. I have seen a litecoin ticker on a UFC fight ring, though can't really recall.
This proves litecoin has a use case, and it's worth investing in litecoin as the foundation targets the real world. Litecoin's performance has been tightly together with bitcoin since the ATH of December 17, 2020. The following chart explains how litecoin has been moving tightly together with bitcoin since 2014 throughout 2020.