I believe everyone on this forum has made both good and bad decisions in terms of investing in altcoins. I recently made a mistake buying a lot of Dogecoins after Elon Musk changed the Twitter logo into the Doge logo. Price was surging and due to FOMO, I bought a lot at the price of $0.099 and afterwards it started to dump like hell. If I continue to hold Dogecoins, the price might be dumping even lower but if I sell them now, the losses become concrete and I'll never have a chance to win back. Have you ever had the same experience ? What did/would you do ? Please share your opinions. By the way, I am with FireDAO team, in charge of the global community. Please contact me if you have any inquiry.
I am one of those who made good and bad decisions in investing altcoins. But i had learned from my mistakes so many times. If an altcoin is on hype we should not go on with the flow because it could turn losses or income for us. Be very careful in investing altcoins. If you had bought them at a high price and suddenly it went down better to hodl them and wait for it to recover to be able to get profit. As an investor I would still hang on with the altcoins that i had until the bull run comes because i do not want to loose the original amount that i had invested.
If you want to invest in altcoins, think before you invest. If you invest in wrong coins, you will never make a profit. So invest in good coins before you invest. I invested now because the market of altcoins is good, I am now making a lot of profit. I now think that after investing in bitcoin, I will invest in altcoins. If you invest at the right time, you can make a lot of profit.