A lot of people advised me to purchase Litecoin before the August 1 apocalypse. But I am glad that I ignored their advice. Still don't know why people are not showing any interest in Litecoin. It is one of the oldest and most well established altcoins around.
Yes this is the oldest coin, but investors are not showing interest on this coin why I don't know. Maybe they are concentrating on the only BTC because it is giving them a good profit on a daily basis. And LTC miners also increased, so we don't have coins shortage in the market that is why the price is not increasing.
Patience, even in bitcoinland we need to be patience, altcoins will rise again, enjoy current low prices to fill your bags, next altcoin wave is coming.