I think you can use LTC for trading instead of holding. Because if you wait for prices to rise without you trading, this is a pretty long time. If the selling price is higher than the price when you buy, I think you can sell it. Because holding a coin will not be profitable.
I don't think so. Depend on the thinking of each person and in my opinion hold good coin still brings huge profits for investors. Litecoin is currently in downtrend so it is difficult to predict in the near future. However, Litecoin is still a very promising investment because the coin is being widely used in many major countries and many investors are holding a lot of long term this year.
I personally don't care about the downtrend but the potential of LTC is really huge and it is worth waiting for us once more.