There are plenty of altcoins that you need to choose don't choose LTC because for me if i had low budget since i started with altcoins im always preferred to read about the topics about cryptocurrencies that has very potential to increase with in a week choose another coin like ethereum or ethereum classic litecoin is a very low you can't even assured your earnings there.
The problem with those "good value" low cost altcoins is that they can just go and lose 70-80% value in a matter of days. I got burnt by many alts like this. I won't choose Litecoin as my main alt investment but I still see it as a small hedge. It has been on a slow and steady roll, and I won't mind if it drops 5-15%, as I know it continues to grow and will always recover. It is like Silver after all. Never shiny like gold but never bad enough to throw away.