what altcoin are you talking about here, do you mean the top altcoin or new altcoin? for altcoin top right now is the right time because the bull run will come soon and for the new altcoin you have to do your research first
I prefer to invest in new altcoins because these are the coins that are expected to be very promising but before buying I will spend time analyzing. I think any project has its own risks, but if you choose a good project, your chances of making a profit will be much higher than the old altcoins. However, the crypto market is not an easy place to make a profit and there is often great volatility.
It is possible to invest in top coins that still bring good profits for you but the profit will be very low and you cannot become rich in this way.