When a coin bottoms out with a $150 - $200 million dollar market cap...
Litecoin pumps with Bitcoin if you price it in USD. That's like saying holding Bitcoin for years for a pump that never comes is a waste of money. I make a trade every few months if I see an opportunity. I am a long term bitcoin holder mostly, but I hold Litecoin instead. That's how I see it at least.
I bought Litecoin at $3.20 in April and sold for $5.50 in June. All of that profit was lost in the Bitfinex hack. Now I'm about where I started.
The Litecoin/Bitcoin ratio has been in quite a slump. It will remain that way until bitcoin makes it's move past $800 to $1200 and beyond. I am very bullish on bitcoin, and I don't think Litecoin is special at all. I am simply gambling on the Litecoin/Bitcoin ratio to peak when bitcoin goes for that high. Litecoin is the only alt coin I have trusted over these last few years.
This monthly chart is not for daytraders. It's for the next bitcoin and litecoin all time high.