New to Litecoin Just a few questions

[shahinoor.bd]

Hi all! Hope everyone is well. So I've been looking into investing digital currency and been reading up on litecoin. With that being said I'm new to the digital currency game.
If I hold this coin is it profitable to me
I see there are a few places to buy coins. Are there some better than others?
whats the better wallet for LTC
I read about this August 1st date of bitcoin and how it could affect litecoin. Is that something that should worry me?
I'm sure there are other things I don't even know to ask about, but if anyone could provide me with some information, I would greatly appreciate it.
Thanks a lot!!