Hey guys,
 
For those that don't know,  namecoin is a direct path to what happens to BTC and LTC as well as other altcoins.  As of last night the all the markets have just taken off "to the moon" and still going.
 
BTC-e NMC
 
NMC <<< better graph
 
I was able to transfer half of my LTC to NMC lastnight just as the spike took off.  Lets just say the profits are fantastic.  Yes playing the market is time consuming but the payoff is well worth it.  I only started out mining, then from those profits ( 5.2 LTC),  I have now grown my income on profit margin 2x by splitting up my LTC and converting to several different currency's through BTC-e.  
 
If you have any question regarding the trading market ask in this thread and I'll answer those to the best of my ability.  I've learned a ton in just a few short weeks.

If you have time to do day trade, can reference to crypto-coins-table.com. Daily there are a few "2nd-3rd tier" coins being pump and dump, even when BTC/LTC crashed. Can make decent profit if you can catch the pump phase. However, make sure you don't get addicted to day trade. "It's a casino" as China's central bank officer warned.