Quick calculations reveal that one Bitcoin will be worth $98 million by the end of two decades. IF ANY OF THE FOLLOWING TERMS ARE UNACCEPTABLE TO YOU, YOU SHOULD NOT USE THE WEB-SITE, AND TO THE EXTENT PERMITTED BY LAW, YOU AGREE NOT TO HOLD ANY OF THE COMPANY AND ITS RESPECTIVE PAST, PRESENT AND FUTURE EMPLOYEES, OFFICERS, DIRECTORS, CONTRACTORS, CONSULTANTS, EQUITY HOLDERS, SUPPLIERS, VENDORS, SERVICE PROVIDERS, PARENT COMPANIES, SUBSIDIARIES, AFFILIATES, AGENTS, REPRESENTATIVES, PREDECESSORS, SUCCESSORS AND ASSIGNS LIABLE FOR ANY LOSSES OR ANY SPECIAL, INCIDENTAL, OR CONSEQUENTIAL DAMAGES ARISING FROM, OR IN ANY WAY CONNECTED, TO THE TRADING WITH MARGIN, INCLUDING LOSSES ASSOCIATED WITH THE TRADING WITH MARGIN. According to the Crypto Research Report Group, Litecoin is headed to the following points in the future: $83 in 2020, $1,200 in 2025, and $2,250 in 2030. There are many experts and influencers who are inspired by Litecoin cryptocurrency. Still, it looks like the recent drops of the price made the currency a perfect asset to invest in and gain profit from in the following year. The below table can be used as a quick reference for the minimum and maximum projections that can be expected for Litecoin from 2019 to 2025. Conclusion: Is Litecoin a Good Investment and How Much Will LTC Be Worth? According to the TradingView user TopTradingSignals, it’s time to sell Litecoin by the end of 2020. The technical analysis applies to any asset with a history of price changes, including cryptocurrencies, fiat money, commodities, and stocks. Privacy Policy, [email protected] – blog content producer Its market capitalization could grow to $1.75 trillion which would make each bitcoin worth $100,000. Could we say that for low investmentand long term, is LTC is a good choice ? Gambardello launched his own crypto-focused venture capital firm and looks to fund projects throughout the cryptocurrency industry. I expect us to have a multi-year bear market like the one we just had where LTC dropped 90% in value ($48 to $4). PrimeXBT shall not be responsible for withholding, collecting, reporting, paying, settling and/or remitting any taxes (including, but not limited to, any income, capital gains, sales, value added or similar tax) which may arise from Your participation in the trading with margin. You can always do your own research based on the project roadmap, the implementation of the declared milestones, the developers and the top managers’ reputation. During a Consensus Conference in New York in 2017, he estimated bitcoin to reach $ 1,000,000 in five to ten years times which means no sooner than 2022 … an open-source code via GitHub on October 7, 2011, Bitcoin Gold Price Prediction for 2020-2025, Cryptocurrencies That Will Explode in 2021 – from Bitcoin to DeFi Tokens, How to Build a Long Term Cryptocurrency Portfolio, Litecoin (LTC) Crypto Wallets for Mobile and Desktop, Litecoin Mining profitability and list of the best LTC Mining equipment, Decreased block generation time (from Bitcoin’s 10 minutes to 2.5 min for Litecoin), Different hashing algorithm (Scrypt instead of Bitcoin’s Sha-256). Litecoin is placed 8th in terms of market capitalization with more than 2 billion USD of market cap, at the time of writing. The downward LTC price trend only changed a couple of times – in February and April. 2025 will continue to hold BTC price at a high level. We can see the definite downward trend that can bounce the coin price right by the end of 2020 — absolutely the opposite opinion from the previous speaker. Over the past 12 months, there have been some events that have raised concerns about the long-term outlook for this cryptocurrency and affected Litecoin’s outlook. For many years now, we have been assisting users in exchanging and buying coins in the blink of an eye. The coin’s price decreased almost five times throughout 2018. I’m still wondering why Litecoin price increase. According to the bitcoin price prediction for 2024, the BTC price might gain the mark of $47,132 per coin. In 2016, the Litecoin price reached $300! Of course, the creator always believes in his creation as much as Charlie Lee believes in Litecoin. Some people are talking about an increase that can take its value to the $500 or $600 range, a tremendous percentage growth if sustained. A cryptocurrency research firm by the name of Crypto Research Report Group is calling for Litecoin to reach $83 in 2020, $1,200 in 2025, and $2,250 in 2030. As you’ve already understood, investing in Litecoin is safe and possibly profitable. Any asset can make an investor reach or poor. This is understandable since the price of a coin depends not only on existing factors but also on those that appear in market development. We’ll use the fundamental analysis to determine the long-term prospects of the LTC coin. So if you can’t handle LTC dropping to $20, don’t buy!”. Now, let’s look at the details. You’re doing a great job by writing such articles, thank you! Like Bitcoin, is LTC is extremely risky of interest and accusations of manipulating the cryptocurrency for. Undermines the confidence of miners in the days ahead price graph has been done to sentiment this cryptocurrency is bullish. See $ 18 as the absolute bottom for Litecoin in the LTC coin and its for... 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