Dear Alecro, You’re spot on the 4 to 1 ratio. In the early days of Cryptos, It was 4 to 1. If Bitcoin is the Digital version of Gold, then Litecoin is the Digital version of Silver. Both are manipulated by the Banksters and the Whales using Paper Derivatives Contracts, just like Gold and Silver. Investors call this manipulation Wash/Rinse/Repeat. I own a derivative of Litecoin. LTCN: Grayscales Litecoin Trust. Which has been Shorted by Hedgefunds and Banks since day one. During the Gamestop short Squeeze, LTCN’s price also spiked. I believe a massive short squeeze is coming very soon. I have increased my position of LTCN, because I hate the Banks & Hedgefunds. I also own Physical Silver for the same reason. We are about to witness the greatest transfer of wealth in History. Cryptos, Gold & Silver are assets to protect your wealth.
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Litecoin’s value depends on adoption, market demand, and competition. It remains strong but faces challenges from newer coins and tech advancements.
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Hardly any coin is more up-to-date than Litecoin
last update nov 7 2024.
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