Saving for a long period sounds like a good plan. You also might want a separate wallet for when you spend LTC. I use a hardware wallet for accumulation and the LiteWallet for spending. They both work well for either.
I'm accumulating and holding long with LTC. When I spend it I buy more than I need and put the extra in my hardware wallet. Accumulation and patience I've found to be good with LTC. I have coin count goals :)
Yes and all the fresh retail fomo, regardless of how hard I've tried you simply cannot stop new people from buying alt coins instead of BTC, LTC is at a lovely price point psychologically for the n00b investor. When BTC is $50k and LTC is $2K they are going to buy LTC.
A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution.Satoshi‘s whitepaper didn't mention speculations. Of course along the line people started figuring out some unique attributes of Bitcoin and other crypto fundamentals.