On this page, you can compare Bestdealstoken with Litecoin (LTC). Which coin is better to buy now? What will be the better investment?
You can read more about cryptocurrency investment strategies in this article. Some additional rules you can also find here. Finally, you can read about the top 10 trading mistakes leading to failure in this article.
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bestdealstoken is a type of cryptocurrency, which can be spent and traded just like any other currency. However the main difference is unlike bank-issued currencies, bestdealstoken has no central authority or anyone controlling bestdealstoken. bestdealstoken is controlled only by its users.
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Litecoin was created in 2011 by a Google employee Charlie Lee. Currently, this cryptocurrency is one of the largest by market capitalization. Litecoin was created as one of the first forks of the Bitcoin blockchain. Also, it is safe to say that Litecoin is one of the first altcoins. While Bitcoin is based on SHA-256 algorithm, Litecoin utilizes a lighter scrypt algorithm.
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About |
bestdealstoken is a type of cryptocurrency, which can be spent and traded just like any other currency. However the main difference is unlike bank-issued currencies, bestdealstoken has no central authority or anyone controlling bestdealstoken. bestdealstoken is controlled only by its users.
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Litecoin was created in 2011 by a Google employee Charlie Lee. Currently, this cryptocurrency is one of the largest by market capitalization. Litecoin was created as one of the first forks of the Bitcoin blockchain. Also, it is safe to say that Litecoin is one of the first altcoins. While Bitcoin is based on SHA-256 algorithm, Litecoin utilizes a lighter scrypt algorithm.
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Type |
Type
No data
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Type
coin
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Founding Date |
Founding Date
No data
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Founding Date
2011
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Country |
Country
International
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Country
International
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Languages |
Languages
No data
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Languages
No data
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Team |
Team
No data
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Team
Public
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Protocol |
Protocol
No data
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Protocol
Public blockchain
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Current price (USD) |
Current price (USD)
No data
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Current price (USD)
80.7036
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All-time high (USD) |
All-time high (USD)
No data
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All-time high (USD)
375.2900
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Price change (24h) |
Price change (24h)
No data
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Price change (24h)
7.40
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Volume (24h) |
Volume (24h)
No data
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Volume (24h)
107643179.13158
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Hashrate |
Hashrate
No data
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Hashrate
165730
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Max Supply |
Max Supply
No data
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Max Supply
84000000.00000
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Total supply |
Total supply
No data
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Total supply
No data
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Circulating Supply |
Circulating Supply
No data
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Circulating Supply
75196720.73347
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Transaction speed / Block time |
Transaction speed / Block time
No data
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Transaction speed / Block time
56
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Transaction fee |
Transaction fee
No data
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Transaction fee
No data
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Mining profitability |
Mining profitability
No data
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Mining profitability
low
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Algorithm |
Algorithm
No data
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Algorithm
Scrypt
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Proof type |
Proof type
No data
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Proof type
PoW
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Fully premined |
Fully premined
No data
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Fully premined
No data
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Smart contract address |
Smart contract address
No data
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Smart contract address
No data
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Total coins mined |
Total coins mined
No data
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Total coins mined
65464957.99676
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Is trading |
Is trading
No data
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Is trading
yes
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Block reward |
Block reward
No data
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Block reward
12.500000000000
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Block time |
Block time
No data
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Block time
150
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Bestdealstoken user rating is 5, based on 3 user reviews. Litecoin (LTC) user rating is 5, based on 5 user reviews.
We also calculate the special Cryptogeek TrustScore based on the characteristics of each coin.
Bestdealstoken Cryptogeek user rating is 5, based on 3 user reviews.
Litecoin (LTC) price is 81.7036. Its 24h volume is 107,643,179.13158. 24h price change is 7.4.
Litecoin (LTC) max supply is 84,000,000.0. The circulating supply is 75,196,721.73347.
Litecoin (LTC) hash rate is 165730.
Litecoin (LTC) transaction speed/block time is 56.
Block reward is 13.5.
At the moment the number of coins mined is 65,464,958.99676.
Mining profitability is low.
Litecoin (LTC) Cryptogeek user rating is 5, based on 5 user reviews.
When trading cryptocurrency, you should take into account the following rules:
Put emotions aside and do not try to run after prices - the time will come and your token will go up. In a bull market, each asset has its finest hour.
Transparency in the cryptocurrency market is a scarce commodity. Be on the lookout for everything you hear critically, and think about the possible reasons for the newsmaker before spreading the news.
Study the topic yourself, taking into account other people's opinions. Take the news critically. People name different reasons for the recent decline in the cryptocurrency market - these are :baseCompany futures, the Chinese New Year, the loss of interest in :baseCompany, and the downside game by large players ... However, it is possible that the whole thing is false news.
Don't be taken in by false news
An important lesson: do not believe the news, study the topic yourself.
Apply investments diversification strategy and risk management
Diversification is one of the oldest and most important concepts for an investor. Here's how to do it.
- Low risk, high market capitalization: 40% of your portfolio. These are the safest and most stable investments, 10 leading tokens. Popular options: :baseCompany, :compareCompany, Neo, and so on. These tokens most likely have a great future, and in the event of market volatility, they will be least affected.
- An average risk, average market capitalization: 30% of the portfolio. These are promising and developing projects with great growth potential from the top 50. Popular options: VeChain (VEN), ICON (ICX), Omisego (OMG), and so on.
- High risk, low market capitalization: 30% of the portfolio. Here we are talking about active trading and highly profitable instruments, and constant attention is required. This category may include, for example, Red Pulse (RPX) and Internet Node Token (INT).
Lesson: never put all your eggs in one basket.
Do not store tokens on exchanges
Lesson: while tokens are stored on the exchange, do not consider them as yours.
On this page, you can compare Bestdealstoken with Litecoin (LTC). Which coin is better to buy now? What will be the better investment?
You can read more about cryptocurrency investment strategies in this article. Some additional rules you can also find here. Finally, you can read about the top 10 trading mistakes leading to failure in this article.