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If you were to invest in alts, at least invest in something that has substance.
ADA is probably one of the better projects in terms of utility even though it doesn't necessarily have a lot of adoption still. I would bet that bluechip investments such as ETH, ADA, and SOL are probably going to outperform meme tokens.
Expect markets to gain a bit of rationality as the easy money tightens up.
In the cryptocurrency space you cannot look for logic and substance. The investors will go behind hype and they all think it is easy money. Look at some of the hyped projects that reached hundred thousand percentage in the past few months and you think those projects have any substance. It is pure pump and dump coins and majority in here love these coins rather than having any legit use case If you were to invest in alts, at least invest in something that has substance.
ADA is probably one of the better projects in terms of utility even though it doesn't necessarily have a lot of adoption still. I would bet that bluechip investments such as ETH, ADA, and SOL are probably going to outperform meme tokens.
Expect markets to gain a bit of rationality as the easy money tightens up.
.In the end it depends on how well we understand crypto, if there are still many people who are interested in investing in coins that are only
used for pump and dump, which aims only to generate profits in a short time. This means that there are still many people who do not understand
how the crypto world works and they are only influenced by other people. Because coins that are only used for pump and dump usually harm
more people, there are so many people who sell late and have to end up losing money. So I always suggest investing in top crypto is much better
and safer. Indeed, the profit generated is not as big as the coins that are used for pump and dump, but top crypto has a higher percentage of success.
Because as long as we can be patient with holding the top crypto we have, then the profit will come by itself. What's interesting about investing
in top crypto, if we sell it too late and the price quickly falls, then usually we don't have to wait long for the price to recover again.