Edit: don't do this on coinbase, buy on GDAX instead (same login as coinbase)

This is assuming that you can trust the market capitalisation values. I'd bet that far more BCH is in lost wallets than LTC because it started as a a BTC fork.

Interesting mix hey (theirs). I still wonder why bother with 4% LTC. You'd be better off doing 50, 50, 0, 25 imho.

Isn't LTC the main coin that uses a lightning network ATM? Because if so, it is still a decent choice if you want a lightning network. BTC is moving in that direction, but it might still not go there.

LTC was just surpassed by BCH in transaction volume. It's creator peaced out two months ago.

Dunno if an unused payment channel means more than stuff like that.

peaced out? Like dead, unconscious, or just left?

(is it just me or is HN becoming more unreadable due to increased usage of slang?)

(I have been here 4 more years, so your aside doesn't withstand basic reasoning. I would also caution you that it walks the line of HN policy)

Sorry, I meant no offense... I've been very confused lately with people using slang or ambiguous wording. Could be because I'm getting old. I do remember back in the 80's when "peace out" was a popular saying, it basically meant goodbye. In the 90's it evolved, saying one "peaced out" meant they had died usually murdered. I can't keep up on what it could mean now, so I asked. Perhaps my parenthetical went too far, it wasn't meant as an attack, just observational humor?)

He (claims that he) sold/divested all of his LTC right around the peak in December because he wanted to be neutral in its development.

He also then donated the proceeds to Litecoin development.

That's neat but you would have to pay 4 separate transaction fees each time you buy or sell.

Not if limit orders are placed on Coinbase's GDAX exchange

I'm not sure this is such good advice. It means you're guaranteed to miss out on high appreciation of anything but the largest coins. That's all well and good for a less volatile scenario like the stock market where the top20 is pretty well correlated with the top2000. But given the volatility of digital assets, i would worry that this strategy leaves more on the table.

Note that I conditioned the advice with "if you want to buy this Coinbase index fund." The fund only has those 4 coins.

Oh. I thought for some reason that their index included the top 25.