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.
Good quality projects like Litecoin will recover their value no doubt but you should wait for the market to become bottomed out as it is now before investing into assets like this and that way you can maximize your profit when the next pump occurs