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Bitcoin or Litecoin: Which One Should You Choose?

Published 08/09/2021, 07:41 AM
Updated 08/09/2021, 08:00 AM
Bitcoin or Litecoin: Which One Should You Choose?
BTC/USD
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XRP/USD
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ETH/USD
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LTC/USD
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  • Bitcoin and Litecoin are the gold and silver of the crypto industry.
  • Bitcoin is the oldest, most popular currency but has a very limited supply.
  • Litecoin is much faster, has more supply, and is easier to mine but it’s not as popular.

A large number of people are interested in purchasing cryptocurrency. Although there are many, the most popular are Bitcoin, Litecoin, XRP, and Ethereum. Bitcoin is the most well-known, but is it the best option? Actually, each one has its own set of benefits and drawbacks. But today, we will only talk about Bitcoin and Litecoin. So, which one of them should you choose and why?

Let’s take a look at Bitcoin first. It is, in fact, the most stable cryptocurrency on the market. Because it is the oldest on the market, investing in it is considered extremely safe. Let us not forget that Bitcoin has a limit of 21 million coins. The value of this crypto may become a hedge against monetary inflation as a result of this constraint. A...

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