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RE: Crypt0's VLOG: Steem Dollar = Best Hedge Option During Crypto Market Panic?

in #steemit9 years ago (edited)

Litecoin has proven to be a pretty solid hedge as well during this correction (assuming you don't want to go to Fiat)

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Litecoin has been remarkably resilient. It went from $28 to $50+ and now hovers around $40 and change.

I know - it's great! I think a lot of BTC folks decided to hedge in LTC while the community sorts out the segwit debate.

I sank a lot of my portfolio into Litecoin too. I have a feeling that it's gonna pump well over $100 in the next 3 - 4 months.

Litecoin for life! Once Litecoin adds smart contracts (likely later this month) and once it implements the lightning network (likely between Sept-Nov of this year) it will starting getting a lot more attention, attention it rightfully deserves.

Prediction: With this Bitcoin will NOT hardfork and instead Bitcoin and Litecoin will work basically in tandem to become an almost unstoppable team (each with their own unique use cases).