For altcoins, buy low and sell high, and you will make a profit. Although this statement is correct, it does not go for all coins. Some people think that when the market rebounds, their altcoins will rise with it. But the result was leaving the market at a loss.
So choose wisely and follow up the project. See what their developers are doing, or just hiding behind the prevailing saying.
That title is right. Not all coins can recover and only the coin with strong and good projects will recover and convince the investors that their project is worth invest. But you should not worry about that because as long as you can invest in the right coins and have the potential to recover, that coin will increase at the right time. Maybe you can invest in the top 50 coins lists so you do not have to worry.
This is the importance of doing research and analysis before finally deciding to invest, so that we don't choose the wrong coins for investment.
Indeed, the reality is that not all altcoins will recover after the dump, there are even altcoins that eventually become dead coins, because
the team of developers decided to leave the project. What's scary is that the new altcoins that appear today mostly end up being shitcoins,
meaning that once the price drops it's very difficult to recover. So indeed we all have to be very selective in choosing altcoins for investment.
I agree with your suggestion that we should invest in the top 50 coins, most of which have a fairly high demand and will usually recover if the price of
Bitcoin rises. Especially for beginners who do not have the knowledge and experience, choosing an investment in the top 50 coins is highly recommended.
I have experience holding a coin that I expect to rise in the future, but after waiting for almost 1 year, there is nothing update from the dev and the team and finally, the exchange delists the coin. It is sad but I can not do anything except accepting the announcement from the exchange. I can only search for the other exchange and try to send it to them and sell it at once. At that time, I do not think that the price can increase but I prefer to get the money and send it back to the previous exchange so I can search for the other coin.
It is hard to analyze but that is worth doing because at least, that is the one thing that we must do if we want to make money from trading. That is our job to analyze one by one from the lists so we can find the right coin to help us to make money.