I have been buying LTC as much as I can every two weeks since the start of August. I only hope that the price stays flat for at least a few more months.
I like the idea of owning a "whole" coin as opposed to BTC where my money will only get me fractions of a coin. I realize this is psychological but I really do feel better owning multiple "whole" coins.
I think the upside potential on LTC is pretty good because I believe in BTC. LTC has consistently followed every BTC pump. Last time BTC went to 19000 and LTC jumped to 360 or so. What do you think will happen to the price of LTC if BTC jumps to 50k or even 100k several years from now? Assuming the LTC/BTC ratio holds, you are looking at anything from $1000 - $2000 a coin. Possibly more as the LTC halvening is next year.
For me it's always been -- do I believe in BTC? If yes I think LTC is a VERY safe bet and one that will produce huge profits.
I truly believe that many of us will look back at $57 USD LTC the same way that BTC HODLERS look back at $100 BTC. I was around in 2014 and still kick myself I didn't buy BTC during the craze back then. Even after the market fell in 2014 I should have stayed in.
I won't make that mistake again with LTC.