Very sketchy. Lots of traders and analysts are stating that the markets are unpredictable at this point. If Bitcoin gets that correction, that Ether/LTC are heading right down with it. I believe this is a more realistic future than BTC, LTC, or ETH "mooning". I do believe there is a bubble in Bitcoin, and that bubble is inflated with the over exposure on media.. news articles stating it will go to $50,000-100,000 a coin.. add to this LOTS of new, inexperienced investors trying to buy in and "ride the wave up" and lastly, bitcoin purchases on credit cards. When Bitcoin does correct, lots and lost these investors, mostly novices, will panic and short sell, thus losing money.. going negative on their card statements and causing a sort of snowball effect. It all looks nice, but, it went up way too much, too fast. This is why I see more investors going towards smaller coins like Stellar Lumens, IOTA, Ripple and making money there, because the big ones are much too attached to Bitcoin. You can bet when bitcoin comes down, lots of these little, useless coins will disappear. Warnings are out, be careful out there. This might be a time to pull your money out and just let the new year go by and wait.
LTC seems to not so good investment. Cannot keep up with BTC when BTC rises, crashed when BTC slumps, lags on the upswing. For long position BTC seems way better than LTC. Finding it difficult to justify holding LTC at this point. All the hype the last few months.. the Big breakout just does not seem to materialise. Other Alt Coins overtook it in the meantime.
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