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Why Litecoin Will Be Used Everywhere Very Soon

When comparing it to Bitcoin s current speed and transaction fees, it s like comparing a cash transaction taking place in person (Litecoin) to a wire transfer payment to someone in a foreign country (Bitcoin). Bitcoin is not wire transfer slow, but it is snail mail in comparison to Litecoin. Currently, the Bitcoin blockchain is very expensive to transact using Bitcoin. For example, the mining fee to send 5**$ worth of Bitcoin is currently around **$. Whereas to send that same 5**$ worth of Litecoin, the mining fee is less than 5* cents. It is easy to see the clear advantage of a person wanting to send Litecoin instead of their Bitcoin in order to make a purchase, or perhaps even to exchange to a different form of cryptocurrency.

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The pattern target was $**, a level that was reached on Nov. **. I had recommended selling only 5* percent positions at the target objective because I expect the rally to extend to $*2 levels.

I ll change my bullish view, if the cryptocurrency again falls back into the range.

Think about keeping the SL on the positions at breakeven. Once Litecoin breaks out above $*5, I ll raise the stops to $*4.
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Litecoin continues to rally, but we are running into a bit of trouble near the $66 level. The $68 level above will be a massive resistance barrier, so I think that we could see several short-term pullbacks to build up the necessary momentum to break out to the upside. It does help that the US dollar is under pressure in the Forex world right now, so that might be the catalyst to finally break out and continue the long run higher. Otherwise, think of the floor as $58.

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With all the drama around Bitcoin and Bitcoin cash, I feel safe with Litecoin!
I know alot of people getting into crypto are looking for a way to get rich quick but Im completely fine with the slow and steady gains that Litecoin gets. I can actually go through my day without worrying about my investment ping to $0 tomorrow. Thanks charlie!

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Hi Guys,
Bitcoin just lost every BIT of credibility with its divisional forks ,bait and switch, setting up a fork and withdrawl of b2x. Litecoin should benefit from the broken trust. I am very anti Bitcoin cash now. It is not about the scam or losing/making money but how you go about your business doing it. Wake up sell you bitcoin cash on principle. Never Bitcoin cash.
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