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by faizanaziz 4538 days ago
This is all assuming that litecoin does not go up in trading at all. If assuming litecoin goes to 40 - 60 USD which it was just Dec 2013, source http://coinmarketcap.com/xrp_180.html then the recovery time will be between 50 to 100 days.

Only do this if you believe in litecoins

2 comments

Yes, that is true. My post was assuming the price of LTC did not change, although over the past 2 weeks it hasn't ventured very far north of of $24 or even very far south $22.

http://www.ltc-charts.com/period-charts.php?period=2-weeks&r...

If the price goes up you would have been better off just keeping your money in litecoin to begin with. There's no way you can win with this, that's why they're selling it.