1. Do your research: Before investing in any cryptocurrency, it's important to understand its technology, use case, and potential risks. Read whitepapers, follow news and social media feeds, and understand market trends.
Even if you do all that, there is a big chance that altcoin will fail. Instead, buy bitcoin.
2. Diversify your portfolio: Don't put all your eggs in one basket. Consider investing in different cryptocurrencies and other asset classes to spread out your risk.
Investing in other cryptocurrencies is not diversification at all.
Remember, the cryptocurrency market is highly volatile and can be risky. It's important to approach trading with caution and always do your own research before investing."
95% of all traders are at loss so if you want to have some fun with your money, better gamble. If not, stick to bitcoin.