Litecoin (LTC) is cryptocurrency that is an off-spring of Bitcoin created by Charlie Lee in Litecoin was designed to allow peer-to-peer payments that are instant and very low-cost. It’s one of the top 5 biggest cryptocurrencies in terms of market capitalisation. Dec 08, · Bitcoin Code is a bitcoin trading robot that claims to help ordinary traders make huge returns on their bitcoin investment with an investment as little as . Jan 23, · Bitcoin took the world by storm over the course of the last twelve months with the meteoric rise in its market value. Bitcoin peaked at an all-time high of $20, on December 17, , and made the headlines across the globe. Bitcoin is no doubt innovative as a payment option, and it runs on Blockchain [ ].
Litecoin to bitcoin tradeTrade Litecoin (LTC): Your guide to Litecoin trading | affcrypto.de | Trade now
Target: 0. Trading suggestion:. There is a possibility of temporary retracement to suggested support line 0. Technical analysis:. I've published the very same pattern back in December when the previous Bear Market was at its lows and while everyone was panicking, called for a potential Bottom on Bitcoin and a Bull Run to follow.
Simply because of the Litecoin break-out relative to BTC. Im long! LTC whale planted S? Libertas Aequitas Veritas. During your entire lifetime, you will encounter trades like that. Trying to time it is a waste of time. Better to be too early than 1 day to late with this type of volatility. Trade at your own risk! Not financial advice. Videos only. Silver Charlie leetle chicken. LTC nice setup for mediu-long term.
LTC breakout retest - Chikun wants to fly. The distribution of Litecoins is done by wallet encryption that secures the safety of the coins as well as allows you to view your transactions. CFDs allow you to speculate on the price of Litecoin future market movements, without physically owning the coin.
Instead, you will be speculating on the price moves. You can trade Litecoin in both rising and falling markets, unlike if you were buying the actual asset, in which case you buy it to profit from a price gain. In addition, you can gain exposure with a lower amount of capital and benefit from:. Litecoin is a peer-to-peer, decentralised digital currency also known as a cryptocurrency based on the Bitcoin system. The creators of Litecoin sought to adapt the Bitcoin model to develop a more stable and efficient currency.
With AvaTrade you can enter and exit the markets, with our speedy execution and leveraged positions. Practice on our day demo account and feel your way through trading Litecoins and getting to know your way around our platforms. When trading with AvaTrade you are trading on the price changes of the digital coin, and not physically purchasing it. Litecoin has remained a very popular cryptocurrency over time, holding in the top ten largest by market cap for the past several years.
Along with that the price action of Litecoin remains extremely volatile and active, making this one of the better cryptocurrencies for trading purposes. In and Litecoin has seen several peaks and valley, with its price doubling in some cases within months, or being cut in half in the same short period of time. While this volatility does increase the risk or trading Litecoin, it also dramatically increases the potential rewards.
Litecoin is a digital asset and as such there are no centralized exchanges for trading Litecoin. In fact, as a peer-to-peer technology you could trade Litecoin with a group of friends if you wanted to do so. Because Litecoin does require an understanding of how these new cryptocurrency exchanges work, as well as the workings of wallets and private keys, we recommend traders avoid buying actual Litecoin and simply trade CFDs to profit from the price action of the cryptocurrency.
Given the extreme price changes seen in the coin we prefer to use technical analysis for trading Litecoin. A strategy that uses breakouts, support and resistance, and oscillators to identify overbought and oversold levels should work quite well.
Also, unless you are planning on holding Litecoin as an investment we recommend you avoid the actual purchase of the cryptocurrency and instead use CFDs to focus solely on the price action and potential profits to be made by trading Litecoin.