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.
At some point, Litecoin will definitely shine again, but the development team must step up and do something great again to achieve that. When bitcoin will have the next bull run, litecoin will increase as well, but I think the price will be a little slowly than before, market trauma will greatly affect purchasing power.