True but not applicable for newcomer who even doesn't know anything cause it isn’t easy to find out a good altcoin among thousands of shitcoins. situation of market sounds bearish and market's next action is unpredictable. Even i didn’t find any new good altcoin within last few months, for investment. So It's better to buy old potential altcoins or wait until market become turn into good condition
True, it is not perfect for beginner. I encountered so many people that are new to our world and they took the easiest way and that is to invest in pump and dump coins just because some so called influencer promote a certain coin, now they are screaming in social media because they lost a large amount of money, they thought it will go up higher because it pumps more than 2x, if u will invest in altcoins that could be altcoins in top 20.