It's good to "Hodl" Litecoin for the long term, as it's a tried-and-tested cryptocurrency that's limited by design. Being an old cryptocurrency, gives it an advantage over most other coins being traded on the market now. It's no secret that the LTC blockchain serves as experimental grounds for adopting new features on the Bitcoin blockchain. That close relationship between both coins (LTC and BTC), will drive the price per Litecoin to the roof sometime in the future. We just have to be patient in order to achieve great results in the future. If the Litecoin dev team adopts Mimblewimble, then it'll be a game-changer for the privacy of its underlying blockchain network. This would allow Litecoin to distance itself from Bitcoin in every way. There will be "FOMO" across the crypto market, because of LTC's newly adopted privacy feature.

Above all else, Litecoin's price moves upward if Bitcoin does the same. All eyes are on Bitcoin right now, as it's bound to increase in price within the next block halving. Once that happens, then LTC and other major cryptocurrencies on the market will rise in price to levels beyond reach. LTC would need to reach at least $100 - $200 in price to bounce towards $1,000 per coin in the future. No one knows when this will exactly happen, as crypto behaves in strange and bizarre ways. It could take 5, 10, 20, or even 50 years from now to be able to experience Litecoin at these high prices. What matters is not the price in terms of USD, but the real use cases of the coin within the mainstream world. And so far, Litecoin is useful for blazing-fast payments at a fraction of the cost than Bitcoin. Hopefully, more people would notice LTC in order to increase demand (and mostly adoption) across the market. Just my opinion