Dying time for LTC is now, there are a few people that still hodling it, but that's mainly cause they got into ltc when it was too expensive and they can't sell it wihout profit
I don't think so. I know many people that holds LTC long term including me. I purchased mine since last year. The market is not performing well lately and that is the main reason. Community and usage wise LTC is probably right there after BTC and ETH.