Altcoins are the best investment anyone can think about because one correct investment can make you rich in such a short time. I have seen many people who multiply their initial investment to 100 times with promising altcoin such as binance coin, ethereum to NFT coins like Enjin, Sandbox, Decentraland. But one mistake can make you regret because the sea is full of shark who creates fake project to steal investors money. So before making any investment, I advice you to analyze it in a detail level to lower the risk involve.
The problem is that you hear only about success stories. Those who lose their money very rarely post about it. For every project that has made a profit of 10x or 20x to the investors, there may be at least 50 others which have made them lose their capital. It is like a lottery with the new altcoins. If you are lucky, then you can become rich almost overnight. I know one user who had invested in two dozen different altcoins, and still failed to receive a profit from even one of them.