Is litecoin still a good investment

[CucakRowo]

So, investing in litecoin and stable coins in altcoins can be good.

Sorry, are you aware of what you’ve typed, mate?

That might be true if the other option were Litecoin (LTC), but for stablecoins? I don’t think stablecoins are meant for investment, LOL. If I had the chance to invest in another PoW coin, I don’t think I would choose Litecoin (LTC), lately I’ve noticed quite a bit of hype surrounding Monero (XMR).

I really hope that was just a typo. If not, that's the worst investment advice I've ever heard. and I've heard plenty. hahaa.

As for which alt to pick, I reckon everyone should DYOR and choose based on their own criteria.

Don't ape in just because someone else said so, everybody's criteria and risk appetite are different.

Take me, other than Btc I'm not into any other Pow coins since I do not see much upside left in them. Hehe.

That doesn't mean they can't pump, they just don't fit my investment thesis.

[JaanusRaim]

If you do not go for the Jackpot, Litecoin could be the best conservative investment in the long term (with a ten-year horizon), carrying a relatively low level of risk - no Black Swan needed (its price relates to BTC price 1:400 now but value about 1:30).
However, I would prefer to start with DCA for now, and make a larger one-off investment once the stock market bubble has already burst. In this case, an average purchase price of $10 per LTC is a realistic goal.

[DanWalker]

If you do not go for the Jackpot, Litecoin could be the best conservative investment in the long term (with a ten-year horizon), carrying a relatively low level of risk - no Black Swan needed (its price relates to BTC price 1:400 now but value about 1:30).
However, I would prefer to start with DCA for now, and make a larger one-off investment once the stock market bubble has already burst. In this case, an average purchase price of $10 per LTC is a realistic goal.

An altcoin making it past the 10 year mark doesn't mean it'll last another 10 or longer.

Everyone's entitled to their view but imo betting on altcoins for the long haul is a pretty unwise move, especially over a 10 year horizon like you mentioned.
LTC may seem more reliable than other altcoins. But that doesn't make it a safe investment or mean it has much upside going forward. A coin's longevity is no guarantee of return. Do not mistake an older coin for one worth holding for next 10 year.

[BigTarget]

So, investing in litecoin and stable coins in altcoins can be good.

Sorry, are you aware of what you’ve typed, mate?

That might be true if the other option were Litecoin (LTC), but for stablecoins? I don’t think stablecoins are meant for investment, LOL. If I had the chance to invest in another PoW coin, I don’t think I would choose Litecoin (LTC), lately I’ve noticed quite a bit of hype surrounding Monero (XMR).

I really hope that was just a typo. If not, that's the worst investment advice I've ever heard. and I've heard plenty. hahaa.

As for which alt to pick, I reckon everyone should DYOR and choose based on their own criteria.

Don't ape in just because someone else said so, everybody's criteria and risk appetite are different.

Take me, other than Btc I'm not into any other Pow coins since I do not see much upside left in them. Hehe.

That doesn't mean they can't pump, they just don't fit my investment thesis.

I think when he said investing in stable coins, he meant using stable coins to invest in litecoin. That is the far most explanation I can think about. If not, investing in stable coins is foolishness and should be stopped immediately. Yes stablecoins like USDT give us some profit earning gap if we become a P2P merchant but can't be treated as a long term investment. Price is always going to stay in that range so how can anyone expect to make profits in long run from these stable coins?

And a lot of users now have similar thesis including me. I just do not find LTC fit for my portfolio so I prefer to stick out. I did have LTC in my bucket for a long time but the profits kind of disappointed me so I decided to kick it out of my portfolio.

[d5000]

One day someone had the idea of exploiting that behavior to make profit from the "gamblers". So they first  created a platform that allowed easy production of useless tokens that gamblers could make bets on their price and secondly they designed that platform in a way that these gamblers needed to buy that platforms main token (ie. ether) to be able to bet on those tokens therefore creating an artificial utility for their own useless shitcoin.

I agree that this was the outcome, but I think there are actually a lot of legitimate uses of tokens. (Not on the Bitcoin main blockchain, in my opinion.) ICOs started with the promise to "democratize" credit / loans. Everybody could give out a token and take a "decentralized type of loan" to fund their business. In theory it is a way to decentralize banking.

In theory Because of course that led to many scammers exploiting that mechanism and that's why ICOs and tokens in general today have a very bad reputation, and most of them only cater to "gamblers" as you call them.

I still think tokens are a technology with a lot of potential, what is needed is a better trust ecosystem. Tokenomics of major tokens and altcoins are a disaster. If a "better standard" could emerge eventually, we may see decentralized banking flourish some day.

As a side note, one does not need smart contracts to create tokens. There are much simpler mechanisms like colored coins. I'd actually like LTC to be used as a token platform for "serious" tokens. (There is Litecoin Ordinals but Ordinals is generally a crappy platform, there are way better mechanisms for tokens than that. RGB would be an idea, but afaik it still isn't supported on LTC. There seems also to be an Omni port, OmniLite.)