ðĨ Attention Litecoin Holders: Convert To BTC While You Can! ðĻ
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Today is the big day: the third LTC halving will happen in a couple of hours. This means that the rewards from mining will be halved, same as the BTC halving.
Although the LTC halving has been generally a bullish event in the months before the halving, it has always been a bearish event once it has happened. Buy the rumor, sell the news.
As seen on the LTC/BTC chart, it has historically ALWAYS been a better option to convert your LTC to BTC after the halving. In other words, BTC has always outperformed LTC in the months after the halving.
Do with this info what you want. All I know is that Bitcoin will very likely outperform Litecoin for the coming months.
Today is the big day: the third LTC halving will happen in a couple of hours. This means that the rewards from mining will be halved, same as the BTC halving.
Although the LTC halving has been generally a bullish event in the months before the halving, it has always been a bearish event once it has happened. Buy the rumor, sell the news.
As seen on the LTC/BTC chart, it has historically ALWAYS been a better option to convert your LTC to BTC after the halving. In other words, BTC has always outperformed LTC in the months after the halving.
Do with this info what you want. All I know is that Bitcoin will very likely outperform Litecoin for the coming months.
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