Litecoin is one of the first open-source altcoins based on the original Bitcoin code. It was initially a strong competitor to the first cryptocurrency. However, as the cryptocurrency market expanded, Litecoin’s popularity gradually declined.

All in good time: long-term investments
Those who prefer long-term investments should pay attention to several industries that can generate income in at least three years, but at a much larger scale than the markets that are relevant today. According to Forbes analysts, there are four sectors with great potential.
Electric cars
The market for environmentally friendly cars is growing - every year the increase is more than 50%. Bloomberg predicts that by 2040, more than half of all cars sold will be electric cars. Despite the sceptics, many are confident in the decline in the popularity of cars with internal combustion engines, because technology is developing and making the operation of electric vehicles comfortable. Batteries are improving, getting cheaper, you can charge a car faster, and the power reserve is getting longer. Soon the prices for electric cars will be no more than for traditional cars, and this can happen within 3-7 years. At the moment, developed countries are introducing attractive benefits to encourage the purchase of such cars. And, for example, Norway in 2025 will stop selling new cars on gasoline and diesel.
Human genome
Humanity is discovering new methods of treatment and learning to cope with diseases that are considered incurable. Genetic engineering with biotechnology makes it possible to identify the predisposition of a particular individual to a disease and treat it with optimal individual methods. Genome sequencing is the analysis of its structure. This business has firmly taken its place in the market and in 6 years can reach $ 25.5 billion. Today, you can enter this area with the help of exchanges that cooperate with such firms. Investments can be risky, but quite promising.
Silver economy
Through the efforts of scientific medicine, the world's population is ageing. According to forecasts, in 2040 the number of people 65+ will increase by 2 times. This age group has very different needs, so the global economy will change. They will not just rest on a bench and babysit their grandchildren, but will continue an active life. Thus, tourism services, entertainment, cosmetics will be in demand. Do not be surprised, because today the 60+ category occupies a quarter of the market in personal care spending in the UK. Changes await the real estate market. A new type of real estate for the elderly has appeared, where they are provided with medical care and all the necessary care without the participation of children. Profit from this sector can be expected not earlier than in 5-7 years.
eSports
eSport is gaining momentum today and can become very promising. The solvent audience is growing, which means that the demand for buying games and applications is growing. In five years, manufacturers of games, equipment, and online platforms can receive significant profits. Shares are quite volatile today, but the potential is high. The market is predicted to grow by 350% in 5 years.
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