Is litecoin less volatile as Bitcoin ?

[brianK]

I have looked over the last 6 months and to me it looks like LiteCoin is less volatile compared to Bitcoin ?

Is that true? I want to use LTC as an alternative to the stablecoins ?

 

[JohnnyDoe]

This is factually incorrect. Please see it yourself on https://bitbo.io/volatility/ where you can compare volatility of both coins against the USD shitcoin.

 

[JohnnyDoe]

I also suggest that you consider Kurtosis when comparing financial instruments. Btc’s Kurtosis is about half that of ltc’s, this meaning less extreme movements and more predictability.

Ps it is incorrect to generalize by saying that lower Kurtosis means better returns. At the contrary, long tails represent an opportunity if one can handle them.

 

[brianK]

That's exactly why I posted here, you know your stuff and what to look out for. Thanks for the answer.

 

[JohnnyDoe]

if you are interested in other coins you could consider following an index investing approach. Rules-based investing is always better than impulsive investing.