That's just my analysis to get a better understanding of this digital currencyโฆ
That's just my analysis to get a better understanding of this digital currency. The right investment or not is still your own decision, consider before doing. Wish you the right choice.
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Pros
Trading is 4 times faster than Bitcoin because it takes 2.5 minutes to create a block. Easy to use for shopping, transferring money or buying coffee. Not subject to any management should reduce management costs. The Litecoin earned through litecoin mining should be able to withstand inflation. Safe and very confidential.
Cons
Still not popular so many people still do not know Litecoin, usually only deal in small transactions. Money laundering by criminal organizations, Litecoin's lack of any organization behind it, is also a question of who is using Litecoin money, which causes gangs to launder money that can not stop them. block out. Hard to use if you do not have the knowledge, you need to learn a new time is likely to transaction Litecoin.