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 trend despite of looking that trends coin will have no value in future?
In My opinion is better to rely only on buying long term project like the world largest digital currency asset which is Bitcoin it navigates volatility and the risk of monitoring the market condition, concentrating on long term project will give you all the necessary opportunity needed to grow your asset and achieve your goals and objectives which is for future benefits which could be for retirement or creating a general wealthy. It is better to have a good plan for the future than just the present.
General wealthy or changing your life status would also be needing up that significant amount of money that needs up for you to invest even if we do speak about putting up your funds on Bitcoin.
There would really be no assurance though yet we dont know on what the future looks like and on how it do ends up. This is why it would really be always depending on you on the risks that you could really be able to spend on. We do know that not all people would really be sharing up on the same situation on how much they had put up in regarding with their investment with crypto.Some people do make out that all in kind of investing
and some are really just that still conservative.
The time that investors doesnt like on having that few x's with their investment then this is the time that they would really be considering on touching up altcoins rather than on
making themselves getting involved with Bitcoin purely or going all in with it, which they do know that they could only earn less.