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RE: Crypto Hedge Fund Says "Short Litecoin"

in #crypto6 years ago

Litecoin is an awkward position indeed, however it will still benefit from being one of the more prominent projects. I can't see institutions investing heavily outside of the top 10 projects by marketcap tbh, not while the industry is still so young.

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Well currently they aren't investing at all. When they do, it will just be bitcoin to begin with. Aside from them, there are hedge funds and VC funds that will look for real projects that have real potential. Litecoin won't get money from either groups.

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