Some months a go, I was thinking altcoins may favour me since bitcoin is still unpredictable. I decided to invest my last cash at hand on luno, Eth, buying babe doggy, peg token and tron. I don't really understand how this things works when I bought it was all gloomy without bitcoin but in less than a week my money dried up.
What future do we really hope for altcoins without bitcoin?
it actually depends on altcoin that you are investing, therefore my advice is before you invest in altcoin, it is better for you to do your research first, because if you invest in a bad project (no progress) or don't even have a product, then of course the price will definitely be decrease and it's hard to give you profit, but if the project that you invest is a good and useful, then you don't need to worry, because the price will definitely increase very high even though sometimes the price of Bitcoin hasn't increased, but the price can still increase, so it depends on the project that you invest (good or bad).
that's true, but I sometimes think that investing in project with utility, doesn't necessarily means and guarantee that you gonna have succesful investments.
you see meme coin as an example, near to zero utility, yet strive so hard, what's important is the trend revolving around the project itself, if you just seeking for profits, just find coin that's the current trend.
you will most likely get some real good profit out of investing in currently trendy coin than coin with utility yet no one knows.
be conscious of the trend and you will find yourself having good investment.