same goes for Litecoin, in fact investing in Litecoin is 10X riskier, it is insane but I follow the Risk/Reward rule, the riskier the investment can be the bigger the reward usually is.... see most of you are not objective , you are just a bunch of blind investors.
If you invest in Litecoin now you may be disappointed short term. Litecoin inflation is high, comparable with bitcoin's in 2011.
So far, due to lack of seller pressure and a pump, bitcoin has (temporarily?) recovered, but I doubt litecoin will do the same.
In 2011 bitcoin dropped from 32$ to 2$, now litecoin may
drop from 48$ to 3$ - 4$ if it will experience capitulation.
I see capitulation being ~$5-$7.
But yes I see LTC going down in the shorter term but then rebounding upwards near the end of the next Bitcoin rally.