I'm also new to this crypto world but if i can tell you something i'll just put the traditional phrase here: "don't put more money in crypto than you can afford to loose". Diversify! Diversify! Diversify!
Either you spread the eggs on several baskets or you put it all in one and take really good care of that. But diversofying can make it less risky.

If you really wanna get into day trade study some technical analisys and understand the markets before getting in. Try first with really small amounts of money. Anyway i prefer the idea of generating value to the community like here on steemit.

One last things: check decred. It's a really awesome project. Imho it has way more potential than litecoin in the future. But i believe in both.