I never like the idea of allocating some investment into new coins not to talk about an existing coin that is already doing well in the market because this current market season is also determined by the trend the Bitcoin market showcases and the last time I checked the percentage of altcoin that always losing in their value easily is 99%, not 90% because the altcoin market are always highly manipulated.
As you said, it is better to play safe and DCA in Bitcoin than waiting to have big capital.
In my opinion, bitcoin is the guide in this market and also the most sustainable measure in the market. Yes, bitcoin is always a must-have when building a portfolio but a new altcoin means that it has been active and active for 1-2 years then it is still new will be a form of potential still an opportunity good opportunity to invest but finding good new altcoin is not easy.
When Bitcoin goes up, altcoins will also experience the same thing and vice versa,
but that doesn't mean we only need to focus on the movement of Bitcoin, it's not enough,
to find potential new altcoins is not easy indeed and it requires in-depth research.
@DOH! I believe you miss the fact that altcoin's existence in the market for 1-2 years doesn't mean still has the potential not to mention the opportunity. What determines the altcoin having all the attributes you mention is the altcoin performance in a total bearish market, its concept, utility, use case, and total trading vol within the 2 years.
@kapalmabur Altcoins imitating the Bitcoin price trend is not something that always happens. Like I once said, I am not against the idea of looking for another opportunity in altcoin but 98% of all altcoins are imitators when considering this it's better to focus most on Bitcoin.