I actually prefer to trade in litecoin , even if it's for both short term or long term trade ,the Reason is that considering the price of litecoin ,I actually see it as been cheap compared to Bitcoin ,it's the reason I will invest
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Bitcoin has a fork called bitcoin cash means people who are searching for low transaction fees are using bitcoin cash for small transactions and customers of BCH are the same as Bitcoin one.Trading with Litecoin for me is more profitable than Bitcoin because Bitcoin is very high while Litecoin is less and buying Litecoin will be easier than Bitcoin.
That is the thing about some alt coin,because with bitcoin you would need some huge amount of money to be able to get good returns and that cannot be said of alt coin which one can invest with small amount of money.I'll prefer trading Litecoin though due to the reason of my greed . I've discovered that Bitcoin surge in price of recent is kind of gradual and not so sharp a rise.
But the same cannot be said of litecoin, it can increase by as much as over a hundred percent per time.
It depends how much money do you and also how much platform allows minimum per trade, so may bitcoin cash is better option than litecoin one. This is my point of view only.If you want to profit from trading, you will profit more by trading bitcoin compared to litecoin. Unlike Bitcoin, litecoin price does not shoot up. In fact litecoin, just like a lot of other coins, indirectly depends on Bitcoin performance. As long as bitcoin price is rallying, litcoin will also be going up.
In my experience Bitcoin USDT trading gives you more profit that Litecoin or even bitcoin cash. When the crypto market gains price, bitcoin will rally and other coins will follow up, so you might earn better profit trading bitcoin compared to other assets. recently, when bitcoin went up from $27 k to $36K, there was $9000 price gain, however, during the same period litecoin went up just by $10.It depends how much money do you and also how much platform allows minimum per trade, so may bitcoin cash is better option than litecoin one. This is my point of view only.
This is because BTC fluctuates more than LTC. This means the revenue could be even more time than the profit, you could use Binance Convert to trade LTC to BTC to use pair BTC USDT even with your LTC income for example.I like to use the BTCUSDT pair more than LTCUSDT, I find it more stable and more predictable from my point of view, I don't usually trade altcoins generally either, but I think the volatility that Bitcoin has is the right one for me, it is also an asset with more news and you can predict its movements more easily.