Best way to buy litecoin

Best way to buy litecoin

Why do I have to complete a Best way to buy litecoin? Completing the CAPTCHA proves you are a human and gives you temporary access to the web property. What can I do to prevent this in the future?

If you are on a personal connection, like at home, you can run an anti-virus scan on your device to make sure it is not infected with malware. If you are at an office or shared network, you can ask the network administrator to run a scan across the network looking for misconfigured or infected devices. Another way to prevent getting this page in the future is to use Privacy Pass. One of the best ways to invest in cryptocurrencies is to find quality coins that are still undervalued by the market. Such coins are ideal for the buy and hold strategy, because they are much more likely to increase in value over time than the market as a whole. Cryptocurrencies values are greatly correlated, as the market usually moves in waves. When Bitcoin rises, most altcoins rise as well, while when Bitcoin falls, altcoins tend to fall as well.

What matters most is which altcoins will outperform the market. Short term moves are usually erratic and are not necessarily based on fundamentals. Some coins may get artificially pumped, or increase due to exaggerated hype while having no real value proposition. We consider such altcoins to be overvalued by the market.

They carry a higher risk of devaluation, and less potential for further growth. On the other side, there are the undervalued coins. Those are the good coins the market did not price yet according to their potential. Altcoins may be undervalued for various reasons. The most common reason is the focus on technology and product development as opposed to marketing.

While this is a long term winning strategy, it doesn’t create the hype needed for short term pumping and exaggerated media buzz. However, after doing plenty of research on the altcoin markets we have spotted some very solid projects that are still underpriced compared to the overall market. As we consider that a good diversified portfolio must include both large, middle and small cap cryptocurrencies, we will present undervalued coins in each market segment. As a general rule, large caps have lower upside potential but come with lower risks, while small cap altcoins have huge upside potential but the risks are also higher. This is why a balanced portfolio must have all types of coins, from high market cap to high risk low market cap coins. At the time of writing this article, there are 27 cryptocurrencies in the large-cap category.

However, being in the top five doesn’t mean they are necessary overvalued. While the fifth spot in the current ranking may seem a very high one, we believe Litecoin actually deserves better. With a market cap of only half that of Bitcoin Cash and a fourth of that of Ripple, Litecoin is obviously the undervalued coin among the top five. In the long term, a few years from now, it is almost a certain fact that Litecoin will be more valuable than both Bitcoin Cash and Ripple.

Litecoin’s market cap currently sits at 12 billion, while Bitcoin is valued at 169 billion and Ethereum at 91 billion. We believe Litecoin should be a strong contender for the second spot. If we consider Bitcoin and Ethereum to be fairly valued, than Litecoin should be worth more. In our view, Litecoin should be valued at least half of Ethereum, so a 45 billion market cap would be more suitable if we consider Ethereum’s value to be correct.

We think every crypto investor should own Litecoin, and there is still time to accumulate at a good price. 223 we think Litecoin is still undervalued. You can buy Litecoin on both Binance and Cryptopia, as well as through Changelly. The current leader among anonymous coins sits at the 13th spot in the Coinmarketcap ranking with a market cap of 4.

We believe there is a great future for anonymous coins considering the crackdown pressures that governments exert on cryptocurrencies. Monero is a very solid coin with low supply and a perpetual inflation set at below 0. We think Monero has great potential and should be in the top 10 cryptocurrencies. You can buy Monero on both Binance and Cryptopia, as well as through Changelly.