Mike Novogratz: Should sell LTC to buy BTC

Former Goldman Sachs partner Mike Novogratz issued a tweet saying that the market value of gold is $8.5 trillion, and the market value of silver is $15 billion, or 0.17% of the market value of gold. The market value of BTC is $90 billion, and the market value of LTC is $5.7 billion, or 6.4% of BTC. Silver is at least useful for industrial production, and LTC is BTC's beautification test network. Novogratz said that he did not understand the rise of LTC and suggested that the investment should sell LTC and buy BTC.