This crypto stuff is still so young that I expect LTC to hit $1000 sooner than $0.10. If companies can be hundreds of dollars per share while never having made profit, the promise of crypto currencies can attract that kind of faith easily. Just wait.
Companies have business plans, products, services, assets, etc - Litecoin has
NONE of that and
ZERO plans to get any of it.
There may be one more Bitcoin on the horizon, a coin with no real value, assets or plans which goes on to demand a high value, >$100, but if you think that coin is Litecoin, when the entire Eco-system and the mechanics of cryptos has clearly proven to be against all scrypts, then you have not taken a serious look at what's really happening.
For Bitcoin is a phenomenon, and not the first in line of many more other worthless coins which will go to $1,000, so one would be incredibly fortunate to be able to find the next Bitcoin, if by some rare chance there will be another alt-coin to reach such ridiculous highs.
As for Litecoin, be content if it ever sees $5, or even $3 ever again, let alone the $1,000 you're dreaming about, for the trend says - as Bitcoin surges higher, Litecoin will collapse and never rise again, and we all know that old economics saying: "
The trend is your friend."So I suggest diversifying and look at the trend which says scrypts are dead and so diversify into SHA256 coins and I would
strongly advise to buy a few thousand
ixCoins.
Good luck!