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.
One thing we need to understand is that investing is Bitcoin is more secure than buying random shit coins and holding them for too long.
It is good we buy all these shit coins for a limited time. I can see myself holding many of the shit coins for too long because it's going to be waste of time and funds if anything happens to them and they eventually loses liquidity especially when holders started selling their holdings just to invest in other tokens because of the nature and ways many of these shit coins do die off.