I bought some Litecoin when the price was on it's way up. The price took a dive but I've been holding them in the hope they will recover to their former glory. This doesn't appear likely to happen any time soon, would I be better off selling them now and limiting my losses and investing elsewhere or do you think it's likely to achieve a higher price in the long term? All advice appreciated.
Litecoin has existed for 5 years already, as Bitcoin after correction is always recovered. I do not think that we should expect much growth in the near future from him. A new maximum of Litecoin can only be achieved when Bitcoin will cost about $ 20,000. I would not invest in this coin, there are a lot of other more promising options on the market.