Litecoin's value is related to Bitcoin's, but it's not a perfect correlation by any means. The market for Litecoins is even smaller than Bitcoin's, and the coins are concentrated in even fewer hands.
If I were doing this, I'd sell the coins as soon as I got them. Even moreso than Bitcoin, with Litecoin the value is unstable and subject to crash at any moment.
Comments
Litecoin's value is related to Bitcoin's, but it's not a perfect correlation by any means. The market for Litecoins is even smaller than Bitcoin's, and the coins are concentrated in even fewer hands.
If I were doing this, I'd sell the coins as soon as I got them. Even moreso than Bitcoin, with Litecoin the value is unstable and subject to crash at any moment.