Which Is More Profitable, Litecoin Or Ether?

What is Litecoin (LTC)?

Litecoin was initially released in 2011. The second oldest cryptocurrency, after Bitcoin. It was founded by Charlie Lee. The hash algorithm used by Litecoin is Scrypt, which is a password-based key derivation function. It aims to process every block in 2.5 minutes. 

Litecoin is not as popular as Bitcoin. The total supply of Litecoin is limited to 84 million. As of writing this, the market capitalization of Litecoin is roughly $13.62 billion. The current price of a single Litecoin is around $204.5.

What is Ethereum?

Ethereum was founded in 2015 by Vitalik Buterin. Ethereum is basically  The native cryptocurrency, also known as Ether (ETH) is the second most valuable cryptocurrency after Bitcoin (BTC). 

The market capitalization $205.75 billion. The price of a single Ether is roughly $1781.46.

Which is more profitable out of  Litecoin or Ether? 

Let's look at the graph, the past value always gives a rough idea about future value when natural and economical disasters are kept aside. Keep in mind that the price varies day-to-day, whatever is written is completely based on present and past prices. Let's look at Litecoin.

Litecoin

Though both these cryptocurrencies started getting more attention during 2020 and 2021. Certainly, investing in Litecoin for a short-term goal is not worth it right now due to the fluctuation and high risk. 

Though the long-term investment offers a good chance for higher profit. According to a prediction of a popular source, the price of Litecoin could cross $1200 in 2025. On the other hand, another popular source claim that the price of Litecoin will surpass $1800. Right now a single LTC worth around $200. 

For short-term aims, research should be done before swapping real currency with Litecoin as there is more risk involved with it.

Litecoin is definitely a strong performing cryptocurrency because it has reached from nowhere to $400 as its highest peak. Although the down point of Litecoin is that despite being the second oldest cryptocurrency, it didn't perform too well like Bitcoin and Ether.

Still, in recent years, it performed exceptionally well. Mind that the price of a cryptocurrency depends on various factors (supply, demand, etc.)

 Ether

Ether, on the other hand, is also performing exceptionally well in recent years. Talking about the past, the price of Ether in 2017 (March) was more or less $35. In 2018 (March), the price rose to $750. Ethereum is a blockchain technology used by Ether. For more profit in a short interval of time, Ether is better in comparison to Litecoin. 

If you had invested $100 in March 2017, you would have made around $4500 at the end of 2017. 

For the short-term aim, you'll have to research Ether and find out possibilities of it whether it will go high or low in the coming period. Since Ether is an established cryptocurrency and the trend is going high, the long-term aim is much more safer and profitable. 

Ether is an excellent crypto coin but the disadvantage of it is that the price depends on various factors, moreover, the supply is unlimited. When the demand rose, the value of Ether will be worth nothing. Ether's transaction is smarter than that of Litecoin due to its smart contract feature.

Significant differences between Litecoin and Ether

​ ​ Properties​	​             ​ ​ Litecoin​ ​	​              ​ ​ Ether
Transaction​        Fees​	$0.04 (approx.)​	$0.85 (approx.)​ ​
​      Block Time​	2 to 3 mins​	15-20 seconds​
​ Launching year​	​ 2011​	​ 2015​
​ Special function​	- ​	Smart Contracts​

1 ETH= 9 LTC (approx.). Ether is comparatively stronger than Litecoin. The trend is increasing right now. 

Conclusion

The trend for these two cryptocurrencies is well established right now, both have a high probability to explode in the coming years. 

We can somehow trust Litecoin and Ether as Litecoin is the second oldest cryptocurrency and Ether is the second most powerful cryptocurrency on the ground of market cap. We shall expect these cryptocurrencies to see a valuable rise in the coming time. For more convenience, you should be investing in both these cryptocurrencies. 

The amount of money which you are going to invest should be equal to the amount of money you are ready to lose.