Why Current LTC (Litecoin) Prices Might be A Great Opportunity to invest or a BIG mistake to

I have been baring witness to cryptocurrency for a very short while and from my perspective, the recent surge in LTC is based mostly off of market hype. While I have been really only beginning to understand the implications of Blockchain technology, I think my university educated brain can understand a few things already.

In my view, people wanting to go into the deep end of high investment returns are being attracted to pumping LTC. It's right now at 49$ as I'm writing this. I think it could easily be worth 200$, or it can easily go back down to 25-30$.

Apparently, Asian markets are responsible for the first hyped pump we're seeing in this short term last few days and possibly it's due to people feeling like they missed the boat on the low Ether numbers and Bitcoin numbers, so they want the high rise for themselves as well. It's also a response to the hard fork coming up for Bitcoin

The entire market is bullish also, so there's lots of new money flooding in and in general, people want something else to choose from than Pepsi or Coke (Ether or Bitcoin) but to be honest, I don't even feel right saying comparing ETH to BTC because Ether is on another level of concept and technology.

With Litecoin on the rise, what can happen next? Well, anything. That's why I wouldn't put my money on it. It's all just market hype right now. Litecoin is a more efficient Bitcoin, but both are basing their model on the same idea: cryptocurrency's inherent value as a medium of exchange. Whereas Ether is still #1 (in my books - and not just because I'm an Ether investor) because we are dealing in the TECHNOLOGY domain first and foremost. The reason why people originally created these coins was to add value into the world, not to create tokens for people to make rise and fall.

The entire concept of cryptocurrency is wholly genius and really something else that will change the way we make transactions world wide and hold money. It'll protect us from centralized market forces that can harm our holdings. However, ETH does everything that Bitcoin and Litecoin can do, except its an amazingly fast network, and the exchange can be 100% malleable. Meaning, you can program Ether to do whatever you want it to do.

So, what is the inherent technological advantage of Litecoin? It is an efficient and lighter Bitcoin. An amazing tool, but does it do anything that Ether doesn't already do? No. Is it offering any additional value in comparison to Ether? No. Is the price surging because people want another exponential increase to their fiat or trade back to Ether or Bitcoin? Yes (in my opinion).

So here we are: Litecoin can even reach 200$. Or it can fall back to 25$. This is ALL market speculation, if you want to put your money (and depending on who you are, that money might be hard to come by) betting on how market speculation might carry Litecoin into the stratosphere, then you might become very rich, totally possible.

I think the odds are lower today, June 18, 2017 that Litecoin will dip down sharply, but it's totally possible in the next few months, and if it does? What will bring it back up? Litecoin's inherent value? Ether has got that covered.

So Litecoin is, in a way, the ultimate alt coin. It's purpose seems to be to fill the vacuum that Bitcoin and Ether leave. If Bitcoin doesn't deliver on their new tech through the hard fork, Litecoin will be a good bet, Ether though in my books, has the best inherent value. That is the real digital gold.

If I'm missing something then I'd be dying to know, please share your opinion and prove me wrong!