i couldn't agree more.
they don't call litecoin as the second to bitcoin (silver) for nothing!
i have been seeing the same patters each time there is a movement in bitcoin price. and this time there has been a big uprise in bitcoin and on litecoin front, it has been stable around 0.006BTC for a long time and it was being accumulated. in other words everything is ready there for a huge rise to 0.01+
Just be aware the wait could be longer than you expected. So only invest in LTC what you don't need for a year.
From other thread:
You might want to bottom fish on LTC for money you don't need to touch for a year.
From a trading point of view that seems reasonable, I mean I dont know why litecoin was so popular but I guess it could be again alongside bitcoin just like the old days. That prospect seems cheap and increasingly so as bitcoin rises, but Im not confident on just where each coin sits now though and why its user base is there
he creator of Litecoin left Google to work for Coinbase.
You now why Litecoin doesn't have any problems with politics and governments? Because it is insignificant clone of Bitcoin and is not treated seriously by authorities.
Do you honestly think that old altcoin with market cap lower that $200 million will be someday great again?
When you can't get your transactions into Bitcoin block and there is a crisis, Litecoin could be a stopgap measure and see another massive spike. That is precisely the point of a bimetallic standard.