I really wants to know from the high members those I think that knows more than me on altcoin. I have came to understand that whenever we are heading close to bull or just say nearly we always have new projects launching on a regular basis to stand a chance to enjoy the bull trend as well I often noticed cmc are being flooded with shitcoins in other for them to attract investors, who will invest in their project to enjoy the full wave of bull market and after which there comes a delisting of many since they can't afford to meet up the exchange standard. Example of those exchange are Binance, any token or coin that got listed in their exchange without meet up to the standard they quickly gets delisted quickly.
Now my question is, do we just invest an altcoin to take advantage of the opportunity to make some x in return?
Because I know altcoin rarely survive the dip maybe after bull run.
Everything depends on your appetite for risk, personally even if I know that shitcoins can go up in value during a bull run, I do not waste my time or money with them as there is no guarantee at all that I am going to pick the correct coin.
However those are my preferences, there are many other investors out there that like to take the risk as they think the reward is worth it, however just picking a coin randomly is a huge mistake and if you want to maximize your chances of picking the right coin then you need to study hundreds of coins before picking a few to invest in them.