The cryptocurrencies will not losing their appeal as long we can still make profit from cryptos even the market is not good condition.. About crypto money in the future, of course bitcoin is the future.. Other cryptos that can be popular? I guess it would be Matic because of the cheapest transaction fees and also fast transaction, it will popular in the future.
It's not only matic that's going to be popular in the future. There are many of them but many of them would be gone eventually as well. Just like every ATH.
There's a highlight for those altcoins that have been moving upwards and there are those that becomes totally unknown and almost not active anymore after it had pumped.
This is the normal thing in the market, we don't know if a popular altcoin today could die off and become unpopular by the next years.
The fact that there are like 10-15 coins and tokens that could break their ATH and make people as much as x10 returns on the next halving or at least when the next cycle begins, makes people really crazy. I mean just think about it, if you could make some money and put it aside for around 2 more years, you will be able to get 10x return on that investment.
This makes people invest as much as they can, literally as high as they can and in return they are hoping for 10x because it has happened 3-4 times already. This doesn't guarantee that it will happen, and they may pick the wrong coins. Like people who picked XRP before 2020 pump started, it never broke its ATH again since 2018 period.
What you said about ATHs is very true. One of the biggest mistakes made is breaking ATHs. This was my biggest mistake in my investments. Of course, there is some greed. I caught VITE's pump yesterday, but when it reached the top, I was not convinced and it fell again. I am below the starting point. In short-term investments, always set aside 20% or 30% of the profit, no matter how much.