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.
You did yourself a great deal by observing quickly that following altcoins based on hypes will only leave you broke with tons of dumped and shit coins in your portfolio, but if you do your own research and pick based on your research results and prioritize quality over quantity you be making a good decisions along the way since altcoins is already risky and high volatile, is important to them act in a way that reduces your risks of losing from hypes sold out coin, which eventually becomes shitcoins.