SHOULD I BUY LITECOIN IN 2021? LITECOIN PRICE PREDICTION AND TECHNICAL ANALYSIS!
In this video we take a look at Litecoin. We also look at technical analysis for Litecoin as well as price predictions moving forward into the future.
Disclaimer: This video should not be considered as financial advise and was only created for entertainment/educational purposes.
What is LITECOIN?
Behind Bitcoin, Litecoin is the second most popular pure cryptocurrency. This success can be largely attributed to its simplicity and clear utility benefits.
As of January 2021, Litecoin is one of the most widely accepted cryptocurrencies, and more than 2,000 merchants and stores now accept LTC across the globe.
Its main benefit comes from its speed and cost-effectiveness. Litecoin transactions are typically confirmed in just minutes, and transaction fees are nearly negligible. This makes it an attractive alternative to Bitcoin in developing countries, where transaction fees may be the deciding factor on which cryptocurrency to support.
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