At a time like this most investors get confused about the right altcoin to invest in and this confusion always leaves many to wonder about what criteria to choose when deciding on the right coin to buy for a long-term base. Should utility alone be a major factor in determining a good altcoin and being speculative in the price?
there are a lot of altcoins today and if you are going to choose you can really have a hard time because there are also so many scam projects, new projects is risky than investing on some proven and tested coin so if you wanted to invest for a long term you need to invest a coin that is already proven such us ethereum, bnb,sol,etc., Coin that has a big name with a big reputation will always give a profit if we can really hold.
True but the potential on the top altcoins are low in terms of ROI, users have to invest in gem altcoins for getting higher rewards like in old days. The big projects have big costs and investors shouldn't lose the bankroll for alt season.