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.
Like in all investment places we must know which items/tools to buy and put into your folio because a small wrong estimation will bring you to the losing position.
there are many altcoins that best for investment but there are much many of shit and scam.
so best to know them or never invest at all.
That's what we can distinguish in the future which projects still exist and those that are dead for the upcoming bulls, make it a valuable lesson not to be easily influenced by fomo or hype on these altcoins.
Don't invest in something you don't know, do your research before investing.
you can distinguish in the future? b ut what about the time of investing?
will this be profitable or losing? this must be decided or else you will end up nothing.