I recently shifted some focus from Bitcoin to altcoins. In the beginning, I chased hype and it didn’t go well. The times I did better were when I slowed down, read about the project, and made my own decision instead of following noise.
It feels like patience pays more than hype-chasing in this space.
People mostly says that experience is the best teacher, but in my own perspective, I prefer using people's experiences to learn than to learn the hard way myself.
Investment in alt and meme coin are always dangerous because they are more of gambling since they are not reliable on the longer run, that is more of the reason why like 90% of my portfolio is in Bitcoin, then the remaining 10% is in alt coin, so that if the 10% I allocated to alt and meme coin didn't go as planned, it would not have much effect on my finances.
where the problem most investors usually have is that they place more focus on alt and meme coin, without knowing that these coin falls more than they rise, that's why their are more losses there than in Bitcoin.