Altcoins offers a lot of new opportuniities for people, but not all of them are useful for people. It is necessary to remember that a lot of fake altcoins and fake projects appear.
New alt coins in the market offer very attractive, low prices, many people invest in new coins in the hope of high profits. At present Bitcoin price is above $50k, very cheap new coins are entering the market with a lot of pump to focus on Bitcoin price increase. Many are falling into the trap of new projects, investing in fake projects and losing money. A lot of altcoins pumped up during the Bitcoin bullrun, so we need to be smart about investing in the right coins. I am optimistic from alt coins, a lot of money can be earned from here too if I keeping investing in coins like Ethereum, BNB, Solana and hold it.