Litecoins trendy, how do I buy one?

Potemkin

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Hey, the Litecoins are gaining. They might be the next big thing to Bitcoins. I thought the latter were a crap, but now I've changed my mind since the price has skyrocketed...

This year I was watching BTC at 30+ $ and found it too expensive... why buy when I have dollars?

Now I see BTC above 500 $!!! Gosh, I should have invested!

No problem, Litecoins are here and less expensive, but still growing in price :)

http://litecoinblog.org/litecoin-has-doubled-in-value-last-week/

http://www.coinjockey.com/litecoin-experiences-meteoric-rise/

http://www.primevalues.org/market-watch/litecoin-follow-bitcoin.htm


I would like to know, what I need to buy Litecoins?


I have the following questions - would be grateful if someone could help me out:

1) I suppose I need a LTC wallet program/account, right?

2) Then buy LTC at an exchange and have it send to me?

3) Can I buy with PayPal somewhere?

4) How can I re-sell it and at what rate? How much do I lose on re-sale?

5) How long does it take to receive a Litecoin?
 
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Potemkin

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I don't know!

All I know is that Litecoin is already 9+ $ and it was 4-5 $ yesterday!

I suppose you can transfer to BTC and then to cash, right?
 

helenmoss

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Litecoin is one step closer to bitcoin. How to buy them? It depends on your location, you can choose from fixed rate exchanges or market exchange platforms like BTC-e.
 

Potemkin

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...been through everything since then, but the price went up and I lost interest!
 
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