I cannot find any good reason why to invest into lite but just highly pumped shitcoin in my opinion.
real price could be about 10-15 bucks per one. Everything higher - too expensive.
I can understand you want it drop though, just imagine how much it had grown in just weeks and if you haven't rise that train, its definitely a good reason to beg everyone to drop it so you can jump in. You can buy at $250 if it goes that low. $250 is a good entry price, shut up if you want to show how grateful you are.
Please tell the reason why to buy it.
Reality is that there is no such that reason at all.
therefore drop for 70% even 80 % in a period of a day is very real.
Therefore, I stay away from this shitacoinita. It is good coin to go short through.
I'm absoluteley with you. There is no reason why LTC should be considered a valid Investment.
For daytrading it's profitable (probably the only reason why it's still there), but in the long-term, it will just shade away.