Do you think Litecoin ever has a chance to really skyrocket in price or do you think it will remain where it's at but be like the stable crypto when everything else is not only rising but also crashing?
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LTC is the stable Crypto. I do think others will move and it will lag. I am a buy and hold person but a trader might do well playing the aspect of the market. I really do think everyone should treat Coins even privacy ones like Dash and Monero different than everything that is on the Ethereum platform. I think the entire Crypto space is bullish but the Ethereum platform worries me in the long run.
I've always liked Litecoin and I hold a good bit of it. I kind of want to sell as I feel there's an opportunity cost to holding something that never moves but at the same time with my luck despite having been sitting on this forever, as soon as I sell it it's gonna moon shot lol.
I also have 88 Litecoins which means I'm part of the millionth club ie there's 88 million Litecoins so I'll own 1 Millionths of all litecoins in existance. I missed the boat on doing that with Bitcoin and having 21 Bitcoins so hesitant to sell off my Litecoin position. I may start flipping it though. I bought some at $35 on the most recent dip, rode it up to $50 or $51 and cashed some out but kept majority and now were back at like $45 again.
I think litecoin could act like a tether that USD based Bitfinex currency to ride out crypto storms because it's so stable. By that I mean if your up $600 on bitcoin and want to lock in those profits maybe go to litecoin