Crypto Contrarian: The Market Hates Litecoin, It Shouldn't

Oct. 04, 2022 1:42 PM ETLitecoin USD (LTC-USD)LTCN4 Comments


  • Litecoin is one of the oldest standing crypto coins in the digital asset market. Despite a top 20 market capitalization, LTC has struggled against Bitcoin through the years.
  • There is a deep disrespect for Litecoin from the crypto investment community. I provide numerous examples of such in this article.
  • Despite that, the on-chain metrics for Litecoin remain fantastic and it is one of the most underappreciated coins in the entire digital currency space.
  • Looking for a portfolio of ideas like this one? Members of BlockChain Reaction get exclusive access to our model portfolio. Learn More »
Cryptocurrency coin - Litecoin coin, isolated on a black background.

Phira Phonruewiangphing/iStock Editorial via Getty Images

One of the most bizarre investor disconnects that I've seen in crypto is the one I've found in Litecoin (LTC-USD) over the last year or so. Like many other risk market assets, crypto investors can become emotionally attached to certain ideas. This

Bear market. Crypto Winter. Whatever the label; Bitcoin has struggled in a macro environment of interest rate hikes and balance sheet tightening. Despite those struggles, a balanced approach to crypto can work right now. An equal weighted allocation to my Top Token Ideas in BlockChain Reaction is beating a dollar cost averaged Bitcoin position. And the early reviews are strong:Join to get:

  • Top Token Ideas
  • Trade Alerts
  • Portfolio Updates
  • Weekly Newsletter
  • Podcast Archive
  • Community Chat

Digital assets are the investment opportunity of this generation. Sign up for BlockChain Reaction now with a free two week trial and position yourself for the next bull.

This article was written by

Mike Fay profile picture
Decoding digital assets and cryptocurrency research for serious investors.

5 years as a media research analyst. Mainly covering crypto, metal, and media equities. Operator of Heretic Speculator newsletter where I share additional thoughts on finance with more of a social backdrop.

Disclosure: I/we have a beneficial long position in the shares of BTC-USD, LTCN, GBTC, LTC-USD either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Additional disclosure: I'm not an investment advisor. I share what I do and why I do it for informational purposes.

Recommended For You

Comments (4)

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.