Personally, I think Litecoin is a good investment for a long term hold. For short term, I can see the price rising significantly due to the announcement from MIT. (The site displays a countdown until 1st August - http://litecoin.mit.edu) If you are looking short term, i’d ‘buy the rumour’ now, and exit before the event. however, even if the announcement doesn’t live up to the hype, I can see litecoin recovering promptly and will remain an excellent coin for a long term hold.