Hold on to LTC, or exchange them to BTC?

[Warry]

Currently I have quite some Litecoins in my possession, and I was wondering what to do: hold on to them hoping they will rise quicker in value than BTC, or exchange them to BTC and hold on to them.

So, my question is: which one, LTC or BTC, do you think will rise quicker in value? And more importantly, why?

Thanks

[webr3]

So, my question is: which one, LTC or BTC, do you think will rise quicker in value?

I'd be more concerned about which one will FALL in value quicker.

[shinkicker]

If you're not sure, it might be better to hold some of both.

Both LTC and BTC are doing well against USD. LTC had a rally this weekend and went from 0.00582 BTC to 0.00908, so next week should be interesting (for both LTC hitting $1 USD and BTC $100).

[Warry]

Is there any chart that shows the rise and falls of the LTC Value over the past weeks? Perhaps even compared to the BTC value?

[Wekkel]

I would say, just hold on to both some BTC and LTC. The latter is more risky, but has a better return if things go right for LTC.

[Vuxil]

Diversifying your assets is definitely something I would consider as other posters have stated. Otherwise it's pure speculation, really up to what you think will succeed and what won't. There are too many unknown variables to have a guess that means much honestly

[chriswen]

It matters how long your timeframe is.  Cause if you daytrade I think you can accumulate a lot more ltc.  LTC is quite volatile plus BTC is quite volatile together, therefore there is lots of profit to be made from trading.

[cdog]

Hold everything, spend fiat, profit.

[hiima]

I'd hold onto both.

[d5000]

Is there any chart that shows the rise and falls of the LTC Value over the past weeks? Perhaps even compared to the BTC value?

There are some altcoin charts at https://vircurex.com/ (LTC, DVC, PPC and others), although they represent only the value at the Vircurex exchange.

Edit: Ah, and there ist http://btc-e.com too, but the charts there are for a few days.

[nobbynobbynoob]

It matters how long your timeframe is.  Cause if you daytrade I think you can accumulate a lot more ltc.  LTC is quite volatile plus BTC is quite volatile together, therefore there is lots of profit to be made from trading.

Personally, I don't daytrade as such, but I do keep an eye on the market, and use BTC-e to adjust my BTC/LTC positions at what I think are opportune moments. Volatility does indeed offer profitability, but also a modicum of extra risk.