Every once in a while I do some research here and there, to see which crypto projects are more hyped and talked about. Remember, I'm not saying these are good projects or have strong fundamentals, just that I believe they are more hyped than the others. So they can be a good investment, or a bad one.
Yeah, investing into new altcoin projects is simply gambling these days. I guess there could be only 10% chances for anyone to get into a right coin which may grow over the time but unfortunately most of the times, almost all the new coins are losing its value slowly either in BTC value or in both USD and BTC value. Usually I do prefer to calculate my profits in BTC value hence I hate trying new projects basically.
Still, if we are lucky then we grabbed dogecoins before Elon started pumping then we could have easily achieved 20x profits but I am not seeing anyone did that but I am sure all long term holders might have got benefitted from dgecoins along with Elon Musk.