Should I buy Litecoin, and why?

Should I buy Litecoin, and why?


hi there everybody Jez Feldmesser here from Feldmesser dot co giving you a short video
on the question “should I buy in litecoin?”
and I answer this question in the next
slide which goes like this yes let me
explain why but before I do explain I
will give you the disclaimer that I am
NOT an investment advisor and this video
is for educational purposes only and is
not in any way financial or investment
advice you are expected to do your own
due diligence with respect to financial
transactions or investment and seek
expert counsel with respect to any
financial transaction or investment with
that being said let’s see where like
coins act right now litecoin is sitting
at on G decks around two hundred and
seventy seven dollar mark now the
interesting thing about litecoin is it’s
the sort of baby brother to Bitcoin and
I’ve logged into coinbase dashboard and
just have a look so you can see this is
coinbase is the one of the top
downloaded web applications or Android
apps and even Apple downloads because
it’s so easy to access crypto currencies
from your phone and as you can see just
log into my phone here
bumbum put a bump bomb they see and I
see all these apps coinbase you can just
download an access point based very
easily on your smart phone so Bitcoin
sitting at fourteen thousand three
hundred and seven and litecoin is
sitting at two hundred and seventy six
point three dollars and you say well
like coin is not like it’s big brother
in Bitcoin and that’s absolutely true
and this is reason why I wanted to show
you this Bitcoin price here this is
all time Bitcoin and Charles Lee has
explained that litecoin is in kind of
the phase that bitcoin was in a few
years ago being recently introduced to
the marketplace and we’re probably
around about here two or three or where
we’re three or four years behind where
Bitcoin was but I would predict and this
is my own personal prediction just fell
better not financial advice disclaimer
quote-unquote that light point will take
off much more rapidly earlier than
Bitcoin did because bitcoin has already
paved the way for litecoin and people
understanding what cryptocurrency is and
the fact that a certain amounts of
massive investments have been made in
all the cryptocurrency area so here we
are at litecoin I’ll do an all time for
light coin here we are jan 13 and 14 15
16 and then just started taking off for
its first sort of major expansion into
the real world as it were just towards
the end of this year literally we were
talking like from the hundred to three
hundred mark fourth of December such you
know end of November beginning of
December so literally a month to go so
it’s currently obviously very volatile
as was Bitcoin so many years ago like
you know earlier this year and it’s been
going up and down rather but you don’t
see it on this scale because now this is
a scale of $13 to nineteen thousand so
are we going to see 50 percent increase
or decrease in Bitcoin in the next
months probably not but are we going to
see one in litecoin quite possibly
because they have had some major
percentage increases
in the smaller quantities and as the
prices are lower then you know the major
changes make a big difference so I’m
putting some money into litecoin just
because it’s easier to access and it has
several advantages over Bitcoin in that
it was designed to be a transactional
currency and not a store of value
currency as Bitcoin has sort of turned
out to be an even video game processing
platforms steam for example has put up
to accept litecoin and there’s a bunch
of other merchants who accept like coin
as means of payment so this is all good
news for basic crypto currencies but
also on the fact that in coin base
you know other than Bitcoin cash which
currently can’t be bought or sold on
coin based so we’ve got Bitcoin theorem
and litecoin and litecoin obviously is
the much more affordable choice so if
you can get your coin base app on your
smartphone and get yourself a couple of
light coin or as many as you wish that’s
entirely up to you and hang on to it and
see what happens and if it does anything
like Bitcoin does well you know you’re
in for a good return so that’s my take
on light coin I mean for example the Sun
newspaper in the UK as you know articles
about light quite so it’s becoming
mainstream slowly and surely crypto
currencies are becoming a thing that
we’re all talking about finding out
about and using I’ll be leaving links in
the description below so that you can
find out about more about light coin and
Bitcoin and you can get your copy of
coin based on your Android device or
your Apple iPhone and here’s the iTunes
download page and the Google Play page
you can get Bitcoin wallet coinbase just
as easy as that
evidently I’ve already got mine
installed so I’ll leave links to these
pages in the description below so you
can get hands-on and if you’re
interested in finding out more I’ll
leave a link to a Bitcoin club that I’m
part of that you can access for free and
increase your education on Bitcoin
litecoin and other cryptocurrencies and
ways that you can benefit from using
them alright that’s it for today leave
you guys for the next video don’t forget
to subscribe to the channel and hit the
little bell to get notifications of my
videos as I make them available and to
see you guys in the next video bye for
now

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