Crypto is mostly unexpected and we don't know which token will give us high profit. sometimes we expect a big pump in the token and we believe that this project has a lot of potential but this token performance remains low throughout bull and bear season just like DOT and Cardano while some coins we often called them scam and spam pumped hard like ORDI, Pepe, Floki. It's all about trend when trend end then no one want to buy these coins.
What is your suggestions about profit from altcoins? Should we rely on only buying long-term projects or we should invest according to trends despite of looking that trends coin will have no value in future?
The fear of getting forever dumped is what keeps many from buying those altcoins, and for most people short-term gain means alot to them and they know how to manage the risk factors that come along with that decision, but if I am to consider a long-term project and if bitcoin is not among since we are talking about altcoins here in this discussion so for that i will only consider a few rounds .that have great potentials such as Ethereum and a few other count that have a supportive ecosystem to support the projects on the long run to guarantee their long term potential and profits.
Many of the coins that we have around have not been able to sustain that long-term stability and tend to never get back on again when they witness any dump in their price.