If you’re new to cryptocurrencies, you’ve probably heard about Bitcoin and its rise in value since 2009. However, there are more cryptos you might want to explore that have this type of potential. Visiting a convenient ATM can provide you with this opportunity when you use it to buy Litecoin in Louisville, KY.
Purchasing LTC and Diversifying Your Portfolio
Besides Bitcoin, there are several other cryptocurrencies you may want to purchase. Doing so can help you take advantage of their price swings. Utilizing an ATM to buy Litecoin in Louisville, KY, lets you diversify your portfolio. Holding too many units of the same asset can be dangerous if the price falls quickly. Adding LTC to your crypto portfolio helps you avoid this problem as the risk will be spread between several different coins.
Similar to Bitcoin, LTC also has a limited supply of coins created. With BTC, the limit is set at 21 million units. LTC will only have 84 million coins minted. Purchasing cryptocurrencies with limited supplies should be beneficial, offering a way to avoid devaluation. This element is opposite the United States dollar, which loses value every time more dollars are printed.
Fast Transactions Are Available
Another attribute of LTC that is similar to BTC is the fast transaction speed. Sending this crypto or paying a bill with it can be completed fast and easy. If you’d like to learn more about purchasing digital coins, be sure to visit RockItCoin Bitcoin ATM.
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