Altcoins are the best source to earn huge profits because when a new altcoin launches, it usually pumped over 100%, with few exceptions. You can earn a profit in a limited time frame. Furthermore, the technology they are using and the innovation they are providing to the market is top-notch. Some are very good projects in terms of technology, for example, ETH, SOLANA, DOGE, XRP, etc.
Not all project may have good production sector and almost most of the new project are scams. Moreover, new projects are very risky at this time because meme coins are now available for new projects. You should have an awareness of where and why you are investing. Also how you will get profit from those projects.
You nailed it, it's always a must in knowing the reason why you are investing with the project as we all know that meme projects
are circulating around and most of the time it's being hyped.
You need to be very careful in finding and sorting the project that you are planning to use for the sake of your investment. There are many
available project that you can review.
Always take time to find the best reason on why you will risk your money and how the developing team will earn that
trust for you to wait for a potential good outcome.