There's no need to hold altcoins in the long time I think that's right for me. I'll hold them in the short term. When they pump then I'll take profit. They will usually return to the cheap price when bitcoin's bearish trend. So I'm going to sell when it's a bullish trend, so I don't hold it for a long time.
That's means a short time investment or sell when you are in good profit. It's also a good way to make some money. But for this, you need to find out trending coins. If you just buy some shitcoin, it can be dead anytime instead of a pump. Holding for the long run is a good investment strategy. For this need to buy some legit coin.
My rule of thumb, if am going to be investing in smaller projects that I think have and will potentially grow with time is picking out coins from upcoming and popular exchanges ( both cex and dex ) as history as shown such coins massively grow, talk about bnb this coin is still worth investing in despite being on most regulators radar but am thinking Crypto.com coin Cro, Sushi ,uni in this category.
And if you don't mind the top coin Ethereum should be on your wishlist.
Yes. You are talking about some legit coin/project. Investment in those coins is very potential. For the long-term investment, those coins are a very good choice. BNB, SXP, UNI, Cardano, and Etehreum are my favorite long-term investment. Still, I regret why I sold my BNB bag at $6!! I strongly believe BNB will hit $1000 and Ethereum will be $10,000 within a few years.