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.
Your first mistakes was to shift attention from Bitcoin to altcoins and for that reason you open yourself up for more volatilities, cryptocurrency like Bitcoin are more stable as an asset because even though volatilities happens to all the coin, the rate as which it effects Bitcoin is far different from the way other coins will react, most especially those in the memecoins categories.