I did invest in lots of altcoins and i received many tokens from bounties as reward. I experienced that, most of the tokens turns into shitcoin or dead after a few months. Some Altcoins performed very good for a certain time then all of those lost 90-95% of values and still traded on exchange with so called volume. Thus process is continued. Even top altcoins also replaced by new altcoins. 2017 vs 2023.
Moral: I think BTC and ETHEREUM is better option for investment, Can be trusted blindly, profitable for long. Low Ranked Altcoins, Memecoins and shitcoins are just headache and reason of huge losses in long time. But anyone can invest his money wherever they want.
BTC and eth are surely safer investment but they won't bring us the profit that some other altcoins can bring. Not every new tokens are good but it's also not difficult to see which could achieve a success. It doesn't necessarily need to outrun it's competitor but need to operate as it's meant to and bring in profit for the investors. In my experience a good L1 or L2 ecosystem token with a solid technology would never disappoint you if you were able to get in early. Solana is an good example of a recent rise. Similarly it's not difficult to consider a comparatively faster and cheaper network would be the next big thing.