Litecoin will be a good investment in 2019?

Of& nbspSumedha Bose

If you're wondering if Litecoin is a good investment for 2019, you've come to the right place.

The last day of the year is coming and it is almost time to plan the coming year. Is Litecoin present in your plans?

If you have a strong interest in the cryptography market, you must have already started planning for 2019.

So if Litecoin is not present in your plans, we will try to find out whether or not you should consider it or leave it out of your list.

You could also read: Should you invest in Litecoin?

Litecoin as an investment: is your money worth?

Litecoin is currently at number 8 in the cryptocurrency ranking and trades at $ 31.40 USD.

If we are brutally honest, this currency has had a difficult time this year, like most other cryptocurrencies.

He saw a massive drop from his all-time high in December 2017, a whopping $ 360.66 USD.

However, the whole market was disappointed and the end result was a slide down for all the criptos.

Source: CoinMarketCap

In the last year, Litecoin has decreased by 87.1%, a depressing statistic. C & # 39; is it hope for redemption? Let's find out.

You can also read: Against and pros of Litecoin

Should you invest in Litecoin?

We can give you more than 5 reasons to invest in Litecoin, but you should take stock of the current market climate.

If you read our Beginner & # 39; s Guide To Litecoin, you will realize that it offers a number of advantages over other cryptocurrencies.

Lower transaction costs, faster transaction speeds and a more robust security mechanism are just a few of its many advantages.

Now the total supply of Litecoin is 84 million, of which 59.8 million have already been extracted.

You can read more about Litecoin Mining on our website.

Now the question arises is what may be the possible price range for Litecoin in 2019?

You can also read: How many Litecoins are left?

Price Prediction for Litecoin In 2019

Litecoin has made some interesting collaborations recently.

It has been reported that Litecoin will sponsor the correspondence of the UFC title for the Crypto promotion, which shows that the cryptocurrency is sure to stay afloat.

Most industry experts are currently of the opinion that the price of Litecoin will soon be on the rise.

Because of the solid team behind Litecoin and its growing popularity in the market, experts believe it could hit the $ 500 mark in 2019.

Although this is an ambitious goal, if the market recovers, the chances of an increase in Litecoin are high.

So we advise you to be careful and to use your discretion when investing in cryptocurrency, but yes, it is definitely worth it.

Make the most of the year in advance and plan your investments in advance.

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Sumedha Bose

Sumedha uses words like her crutch to get by in life. He takes a keen interest in discussing, dancing and destroying patriarchy in his spare time. You can be contacted at [email protected].